't Hoge: what changed
What changed
't Hoge
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
€28,389
2024 · €7,910+€20,479
Equity
€171,512
2024 · €143,123+€28,389
Cash
€13,263
2024 · €7,439+€5,824
Balance sheet total
€476,536
2024 · €461,484+€15,052
Largest movements
Assets
- Stocks and contracts +€47,308
up €47,308 (+113%), from €41,750 to €89,058
- Tangible fixed assets -€31,713
down €31,713 (-26.3%), from €120,712 to €88,998
of which Other tangible fixed assets: -€24,599
- Receivables within one year -€9,536
down €9,536 (-3.3%), from €287,657 to €278,120
of which Other amounts receivable: -€34,714
- Cash +€5,824
up €5,824 (+78.3%), from €7,439 to €13,263
mainly Depreciation (+€32,593) and Net result for the year (+€28,389)
Equity and liabilities
- Reserves +€28,389
up €28,389 (+21.7%), from €130,623 to €159,012
- Debts after one year -€22,274
down €22,274 (-22.9%), from €97,443 to €75,169
- Trade debts +€19,835
up €19,835 (+15.8%), from €125,866 to €145,701
- Other debts -€5,422
down €5,422 (-100%), from €5,422 to €0
Income statement
- Gross operating margin +€96,812
up €96,812 (+28.9%), from €335,375 to €432,187
- Staff costs +€66,135
up €66,135 (+23.7%), from €279,184 to €345,320
- Taxes +€7,985
up €7,985 (+178%), from €4,489 to €12,474
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,910
Gross operating margin
+€96,812
Staff costs
-€66,135
Depreciation
-€76
Other operating charges
-€1,162
Financial income
+€274
Financial charges
-€1,249
Taxes
-€7,985
Result 2025
€28,389
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€32,033
Investment
-€880
Financing
-€25,330
Cash 2024
€7,439
From operations (derived)
+€32,033
Net result for the year
+€28,389
Depreciation
+€32,593
Stocks and contracts
-€47,308
Receivables within one year
+€9,536
Deferred charges and accrued income
-€3,170
Trade debts
+€19,835
Tax, wage and social debts
-€2,369
Other debts
-€5,422
Accrued charges and deferred income
-€51
Investment (derived)
-€880
Investment in fixed assets (net)
-€880
Financing
-€25,330
Debts after one year
-€22,274
Current portion of long-term debt
-€3,055
Cash 2025
€13,263
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €461,484 | €476,536 | +€15,052 | +3.3% |
| Fixed assets | 21/28 | €123,412 | €91,698 | -€31,713 | -25.7% |
| Tangible fixed assets | 22/27 | €120,712 | €88,998 | -€31,713 | -26.3% |
| Plant, machinery and equipment | 23 | €1,888 | €1,370 | -€519 | -27.5% |
| Furniture and vehicles | 24 | €25,751 | €19,155 | -€6,596 | -25.6% |
| Other tangible fixed assets | 26 | €93,073 | €68,474 | -€24,599 | -26.4% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €338,072 | €384,837 | +€46,765 | +13.8% |
| Stocks and contracts in progress | 3 | €41,750 | €89,058 | +€47,308 | +113% |
| Stocks | 30/36 | €41,750 | €89,058 | +€47,308 | +113% |
| Amounts receivable within one year | 40/41 | €287,657 | €278,120 | -€9,536 | -3.3% |
| Trade receivables | 40 | €192,338 | €217,515 | +€25,177 | +13.1% |
| Other amounts receivable | 41 | €95,319 | €60,605 | -€34,714 | -36.4% |
| Cash at bank and in hand | 54/58 | €7,439 | €13,263 | +€5,824 | +78.3% |
| Deferred charges and accrued income | 490/1 | €1,227 | €4,397 | +€3,170 | +258% |
| Total equity and liabilities | 10/49 | €461,484 | €476,536 | +€15,052 | +3.3% |
| Equity | 10/15 | €143,123 | €171,512 | +€28,389 | +19.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €130,623 | €159,012 | +€28,389 | +21.7% |
| Distributable reserves | 133 | €130,623 | €159,012 | +€28,389 | +21.7% |
| Amounts payable | 17/49 | €318,361 | €305,024 | -€13,337 | -4.2% |
| Amounts payable after more than one year | 17 | €97,443 | €75,169 | -€22,274 | -22.9% |
| Financial debts | 170/4 | €97,443 | €75,169 | -€22,274 | -22.9% |
| Amounts payable within one year | 42/48 | €220,867 | €229,855 | +€8,988 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €32,794 | €29,739 | -€3,055 | -9.3% |
| Trade debts | 44 | €125,866 | €145,701 | +€19,835 | +15.8% |
| Suppliers | 440/4 | €125,866 | €145,701 | +€19,835 | +15.8% |
| Taxes, remuneration and social security | 45 | €56,785 | €54,416 | -€2,369 | -4.2% |
| Taxes | 450/3 | €27,219 | €19,709 | -€7,510 | -27.6% |
| Remuneration and social security | 454/9 | €29,566 | €34,707 | +€5,141 | +17.4% |
| Other amounts payable | 47/48 | €5,422 | €0 | -€5,422 | -100% |
| Accrued charges and deferred income | 492/3 | €51 | €0 | -€51 | -100% |
| Remuneration, social security and pensions | 62 | €279,184 | €345,320 | +€66,135 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,517 | €32,593 | +€76 | +0.2% |
| Other operating charges | 640/8 | €2,169 | €3,331 | +€1,162 | +53.6% |
| Gross operating margin | 9900 | €335,375 | €432,187 | +€96,812 | +28.9% |
| Operating profit (loss) | 9901 | €21,504 | €50,943 | +€29,439 | +137% |
| Financial income | 75/76B | €1,575 | €1,848 | +€274 | +17.4% |
| Recurring financial income | 75 | €1,575 | €1,848 | +€274 | +17.4% |
| Financial charges | 65/66B | €10,680 | €11,929 | +€1,249 | +11.7% |
| Recurring financial charges | 65 | €10,680 | €11,929 | +€1,249 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €12,399 | €40,863 | +€28,464 | +230% |
| Income taxes | 67/77 | €4,489 | €12,474 | +€7,985 | +178% |
| Profit (loss) for the period | 9904 | €7,910 | €28,389 | +€20,479 | +259% |
| Profit (loss) for the period to be appropriated | 9905 | €7,910 | €28,389 | +€20,479 | +259% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.