T.C.N.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
T.C.N.
NACE 56.301, Cafés and bars
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,648
2024 · €55,881-€47,233
Equity
€97,603
2024 · €84,409+€13,193
Cash
€16,256
2024 · €16,819-€563
Balance sheet total
€512,957
2024 · €512,473+€484
Largest movements
Assets
- Tangible fixed assets -€15,581
down €15,581 (-4.5%), from €348,133 to €332,552
- Receivables within one year +€8,406
up €8,406 (+35.1%), from €23,944 to €32,350
of which Other amounts receivable: +€12,059
Equity and liabilities
- Debts after one year -€39,367
down €39,367 (-22.0%), from €179,073 to €139,706
- Trade debts +€38,276
up €38,276 (+157%), from €24,387 to €62,664
- Reserves +€13,193
up €13,193 (+17.3%), from €76,349 to €89,543
of which Distributable reserves: +€21,963
- Accrued charges and deferred income -€8,412
down €8,412 (-28.5%), from €29,537 to €21,125
- Other debts -€5,814
down €5,814 (-7.3%), from €79,834 to €74,021
Income statement
- Gross operating margin -€25,299
down €25,299 (-8.6%), from €293,612 to €268,314
- Staff costs +€17,941
up €17,941 (+9.2%), from €194,378 to €212,319
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€55,881
Gross operating margin
-€25,299
Staff costs
-€17,941
Depreciation
-€802
Other operating charges
+€29
Other operating items
-€713
Financial income
-€726
Financial charges
-€1,884
Taxes
+€104
Result 2025
€8,648
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€45,442
Investment
-€12,434
Financing
-€33,571
Cash 2024
€16,819
From operations (derived)
+€45,442
Net result for the year
+€8,648
Depreciation
+€28,386
Stocks and contracts
-€4,984
Receivables within one year
-€8,406
Deferred charges and accrued income
-€3,608
Provisions
-€2,192
Trade debts
+€38,276
Tax, wage and social debts
+€3,549
Other debts
-€5,814
Accrued charges and deferred income
-€8,412
Investment (derived)
-€12,434
Investment in fixed assets (net)
-€12,434
Financing
-€33,571
Debts after one year
-€39,367
Current portion of long-term debt
+€1,200
Short-term financial debts
+€51
Contributions, distributions and other
+€4,545
Cash 2025
€16,256
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €512,473 | €512,957 | +€484 | +0.1% |
| Fixed assets | 21/28 | €348,663 | €332,712 | -€15,952 | -4.6% |
| Intangible fixed assets | 21 | €371 | - | -€371 | |
| Tangible fixed assets | 22/27 | €348,133 | €332,552 | -€15,581 | -4.5% |
| Land and buildings | 22 | €253,943 | €247,662 | -€6,281 | -2.5% |
| Plant, machinery and equipment | 23 | €25,204 | €19,809 | -€5,395 | -21.4% |
| Furniture and vehicles | 24 | €2,248 | €2,975 | +€727 | +32.3% |
| Other tangible fixed assets | 26 | €66,738 | €62,106 | -€4,632 | -6.9% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €163,810 | €180,246 | +€16,436 | +10.0% |
| Stocks and contracts in progress | 3 | €18,140 | €23,124 | +€4,984 | +27.5% |
| Stocks | 30/36 | €18,140 | €23,124 | +€4,984 | +27.5% |
| Amounts receivable within one year | 40/41 | €23,944 | €32,350 | +€8,406 | +35.1% |
| Trade receivables | 40 | €23,167 | €19,514 | -€3,653 | -15.8% |
| Other amounts receivable | 41 | €778 | €12,837 | +€12,059 | +1,551% |
| Current investments | 50/53 | €98,972 | €98,972 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,819 | €16,256 | -€563 | -3.3% |
| Deferred charges and accrued income | 490/1 | €5,935 | €9,543 | +€3,608 | +60.8% |
| Total equity and liabilities | 10/49 | €512,473 | €512,957 | +€484 | +0.1% |
| Equity | 10/15 | €84,409 | €97,603 | +€13,193 | +15.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €76,349 | €89,543 | +€13,193 | +17.3% |
| Tax-exempt reserves | 132 | €55,407 | €46,638 | -€8,769 | -15.8% |
| Distributable reserves | 133 | €20,943 | €42,905 | +€21,963 | +105% |
| Provisions and deferred taxes | 16 | €43,324 | €41,131 | -€2,192 | -5.1% |
| Deferred taxes | 168 | €43,324 | €41,131 | -€2,192 | -5.1% |
| Amounts payable | 17/49 | €384,740 | €374,223 | -€10,517 | -2.7% |
| Amounts payable after more than one year | 17 | €179,073 | €139,706 | -€39,367 | -22.0% |
| Financial debts | 170/4 | €179,073 | €139,706 | -€39,367 | -22.0% |
| Amounts payable within one year | 42/48 | €176,130 | €213,392 | +€37,262 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €38,168 | €39,367 | +€1,200 | +3.1% |
| Financial debts | 43 | - | €51 | +€51 | |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Trade debts | 44 | €24,387 | €62,664 | +€38,276 | +157% |
| Suppliers | 440/4 | €24,387 | €62,664 | +€38,276 | +157% |
| Taxes, remuneration and social security | 45 | €33,741 | €37,289 | +€3,549 | +10.5% |
| Taxes | 450/3 | €14,744 | €21,421 | +€6,677 | +45.3% |
| Remuneration and social security | 454/9 | €18,997 | €15,869 | -€3,128 | -16.5% |
| Other amounts payable | 47/48 | €79,834 | €74,021 | -€5,814 | -7.3% |
| Accrued charges and deferred income | 492/3 | €29,537 | €21,125 | -€8,412 | -28.5% |
| Non-recurring operating income | 76A | - | €1,520 | +€1,520 | |
| Remuneration, social security and pensions | 62 | €194,378 | €212,319 | +€17,941 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,584 | €28,386 | +€802 | +2.9% |
| Other operating charges | 640/8 | €4,267 | €4,238 | -€29 | -0.7% |
| Non-recurring operating charges | 66A | - | €713 | +€713 | |
| Gross operating margin | 9900 | €293,612 | €268,314 | -€25,299 | -8.6% |
| Operating profit (loss) | 9901 | €67,384 | €22,657 | -€44,727 | -66.4% |
| Financial income | 75/76B | €726 | - | -€726 | |
| Recurring financial income | 75 | €726 | - | -€726 | |
| Financial charges | 65/66B | €12,127 | €14,011 | +€1,884 | +15.5% |
| Recurring financial charges | 65 | €12,127 | €14,011 | +€1,884 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €55,983 | €8,647 | -€47,337 | -84.6% |
| Transfer from deferred taxes | 780 | €2,192 | €2,192 | = | 0.0% |
| Income taxes | 67/77 | €2,295 | €2,191 | -€104 | -4.5% |
| Profit (loss) for the period | 9904 | €55,881 | €8,648 | -€47,233 | -84.5% |
| Transfer from tax-exempt reserves | 789 | €8,769 | €8,769 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,650 | €17,417 | -€47,233 | -73.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.