'T STIL GENOT: what changed
What changed
'T STIL GENOT
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€13,376
2024 · €20,188-€6,812
Equity
€51,320
2024 · €37,944+€13,376
Cash
€29,558
2024 · €80,301-€50,743
Balance sheet total
€437,351
2024 · €502,787-€65,437
Largest movements
Assets
- Cash -€50,743
down €50,743 (-63.2%), from €80,301 to €29,558
mainly Investment in fixed assets (net) (-€48,250) and Other debts (-€28,301)
- Tangible fixed assets -€18,438
down €18,438 (-4.5%), from €411,741 to €393,303
of which Land and buildings: -€41,302
Equity and liabilities
- Other debts -€28,301
down €28,301 (-7.8%), from €360,640 to €332,339
- Current portion of long-term debt -€25,770
no longer reported in 2025 (was €25,770)
- Debts after one year -€25,000
down €25,000 (-71.6%), from €34,900 to €9,900
- Reserves +€13,376
up €13,376 (+69.1%), from €19,344 to €32,720
Income statement
- Gross operating margin -€64,806
down €64,806 (-21.6%), from €300,685 to €235,879
- Depreciation -€6,329
down €6,329 (-8.7%), from €73,017 to €66,688
- Staff costs -€5,880
down €5,880 (-4.0%), from €146,830 to €140,949
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
€20,188
Gross operating margin
-€64,806
Staff costs
+€5,880
Depreciation
+€6,329
Other operating charges
-€415
Other operating items
+€41,558
Financial income
+€1,038
Financial charges
+€2,050
Taxes
+€1,555
Result 2025
€13,376
raises the resultlowers the resultnot broken down further in the accounts
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
+€48,277
Investment
-€48,250
Financing
-€50,770
Cash 2024
€80,301
From operations (derived)
+€48,277
Net result for the year
+€13,376
Depreciation
+€66,688
Stocks and contracts
+€1,286
Receivables within one year
-€4,650
Deferred charges and accrued income
-€381
Trade debts
-€582
Tax, wage and social debts
+€842
Other debts
-€28,301
Investment (derived)
-€48,250
Investment in fixed assets (net)
-€48,250
Financing
-€50,770
Debts after one year
-€25,000
Current portion of long-term debt
-€25,770
Cash 2025
€29,558
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €502,787 | €437,351 | -€65,437 | -13.0% |
| Fixed assets | 21/28 | €411,741 | €393,303 | -€18,438 | -4.5% |
| Tangible fixed assets | 22/27 | €411,741 | €393,303 | -€18,438 | -4.5% |
| Land and buildings | 22 | €343,467 | €302,165 | -€41,302 | -12.0% |
| Plant, machinery and equipment | 23 | €51,523 | €39,127 | -€12,396 | -24.1% |
| Furniture and vehicles | 24 | €16,751 | €52,011 | +€35,261 | +210% |
| Current assets | 29/58 | €91,046 | €44,048 | -€46,998 | -51.6% |
| Stocks and contracts in progress | 3 | €7,040 | €5,755 | -€1,286 | -18.3% |
| Stocks | 30/36 | €7,040 | €5,755 | -€1,286 | -18.3% |
| Amounts receivable within one year | 40/41 | €727 | €5,377 | +€4,650 | +639% |
| Other amounts receivable | 41 | €727 | €5,377 | +€4,650 | +639% |
| Cash at bank and in hand | 54/58 | €80,301 | €29,558 | -€50,743 | -63.2% |
| Deferred charges and accrued income | 490/1 | €2,978 | €3,359 | +€381 | +12.8% |
| Total equity and liabilities | 10/49 | €502,787 | €437,351 | -€65,437 | -13.0% |
| Equity | 10/15 | €37,944 | €51,320 | +€13,376 | +35.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,344 | €32,720 | +€13,376 | +69.1% |
| Distributable reserves | 133 | €19,344 | €32,720 | +€13,376 | +69.1% |
| Amounts payable | 17/49 | €464,843 | €386,031 | -€78,812 | -17.0% |
| Amounts payable after more than one year | 17 | €34,900 | €9,900 | -€25,000 | -71.6% |
| Financial debts | 170/4 | €34,900 | €9,900 | -€25,000 | -71.6% |
| Amounts payable within one year | 42/48 | €429,943 | €376,131 | -€53,812 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €25,770 | - | -€25,770 | |
| Trade debts | 44 | €30,971 | €30,389 | -€582 | -1.9% |
| Suppliers | 440/4 | €30,971 | €30,389 | -€582 | -1.9% |
| Taxes, remuneration and social security | 45 | €12,561 | €13,403 | +€842 | +6.7% |
| Taxes | 450/3 | €12,561 | €13,403 | +€842 | +6.7% |
| Other amounts payable | 47/48 | €360,640 | €332,339 | -€28,301 | -7.8% |
| Remuneration, social security and pensions | 62 | €146,830 | €140,949 | -€5,880 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,017 | €66,688 | -€6,329 | -8.7% |
| Other operating charges | 640/8 | €3,754 | €4,170 | +€415 | +11.1% |
| Non-recurring operating charges | 66A | €41,558 | - | -€41,558 | |
| Gross operating margin | 9900 | €300,685 | €235,879 | -€64,806 | -21.6% |
| Operating profit (loss) | 9901 | €35,526 | €24,072 | -€11,455 | -32.2% |
| Financial income | 75/76B | €0 | €1,038 | +€1,038 | +1,482,343% |
| Recurring financial income | 75 | €0 | €1,038 | +€1,038 | +1,482,343% |
| Financial charges | 65/66B | €8,526 | €6,476 | -€2,050 | -24.0% |
| Recurring financial charges | 65 | €8,526 | €6,476 | -€2,050 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €27,001 | €18,633 | -€8,367 | -31.0% |
| Income taxes | 67/77 | €6,813 | €5,258 | -€1,555 | -22.8% |
| Profit (loss) for the period | 9904 | €20,188 | €13,376 | -€6,812 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,188 | €13,376 | -€6,812 | -33.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.