'T ZAND: what changed
What changed
'T ZAND
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
€93,614
2023 · €5,626+€87,988
Equity
-€125,187
2023 · -€218,801+€93,614
Cash
€207,116
2023 · €178,895+€28,221
Balance sheet total
€810,153
2023 · €708,346+€101,807
Largest movements
Assets
- Receivables within one year +€51,042
up €51,042 (+68.5%), from €74,526 to €125,568
of which Other amounts receivable: +€29,107
- Cash +€28,221
up €28,221 (+15.8%), from €178,895 to €207,116
mainly Net result for the year (+€93,614) and Tax, wage and social debts (+€47,054)
- Tangible fixed assets +€24,355
up €24,355 (+22.1%), from €110,329 to €134,683
of which Furniture and vehicles: +€33,141
Equity and liabilities
- Reserves +€90,909
new in 2024: €90,909
- Trade debts -€73,974
down €73,974 (-28.3%), from €261,275 to €187,300
- Tax, wage and social debts +€47,054
up €47,054 (+92.2%), from €51,058 to €98,113
of which Taxes: +€44,988
- Other debts +€30,569
up €30,569 (+16.3%), from €187,517 to €218,086
- Accrued charges and deferred income +€19,225
up €19,225 (+18.8%), from €102,405 to €121,630
Income statement
- Gross operating margin +€181,487
up €181,487 (+32.1%), from €564,629 to €746,116
- Staff costs +€75,786
up €75,786 (+14.8%), from €511,291 to €587,077
- Taxes +€11,871
up €11,871 (+3,218%), from €369 to €12,240
Change in the result, 2023 to 2024
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 2023
€5,626
Gross operating margin
+€181,487
Staff costs
-€75,786
Depreciation
-€5,225
Other operating charges
-€1,618
Other operating items
+€4,061
Financial income
+€78
Financial charges
-€3,139
Taxes
-€11,871
Result 2024
€93,614
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€100,630
Investment
-€57,728
Financing
-€14,681
Cash 2023
€178,895
From operations (derived)
+€100,630
Net result for the year
+€93,614
Depreciation
+€33,373
Stocks and contracts
-€1,316
Receivables within one year
-€51,042
Deferred charges and accrued income
+€3,126
Trade debts
-€73,974
Tax, wage and social debts
+€47,054
Other debts
+€30,569
Accrued charges and deferred income
+€19,225
Investment (derived)
-€57,728
Investment in fixed assets (net)
-€57,728
Financing
-€14,681
Debts after one year
-€6,321
Current portion of long-term debt
-€8,360
Cash 2024
€207,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €708,346 | €810,153 | +€101,807 | +14.4% |
| Fixed assets | 21/28 | €439,614 | €463,969 | +€24,355 | +5.5% |
| Tangible fixed assets | 22/27 | €110,329 | €134,683 | +€24,355 | +22.1% |
| Plant, machinery and equipment | 23 | €27,130 | €30,709 | +€3,579 | +13.2% |
| Furniture and vehicles | 24 | €19,642 | €52,783 | +€33,141 | +169% |
| Other tangible fixed assets | 26 | €63,557 | €51,191 | -€12,365 | -19.5% |
| Financial fixed assets | 28 | €329,286 | €329,286 | = | 0.0% |
| Current assets | 29/58 | €268,732 | €346,184 | +€77,452 | +28.8% |
| Stocks and contracts in progress | 3 | €12,184 | €13,500 | +€1,316 | +10.8% |
| Stocks | 30/36 | €12,184 | €13,500 | +€1,316 | +10.8% |
| Amounts receivable within one year | 40/41 | €74,526 | €125,568 | +€51,042 | +68.5% |
| Trade receivables | 40 | €11,019 | €32,954 | +€21,935 | +199% |
| Other amounts receivable | 41 | €63,507 | €92,614 | +€29,107 | +45.8% |
| Cash at bank and in hand | 54/58 | €178,895 | €207,116 | +€28,221 | +15.8% |
| Deferred charges and accrued income | 490/1 | €3,126 | €0 | -€3,126 | -100% |
| Total equity and liabilities | 10/49 | €708,346 | €810,153 | +€101,807 | +14.4% |
| Equity | 10/15 | -€218,801 | -€125,187 | +€93,614 | +42.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €90,909 | +€90,909 | |
| Distributable reserves | 133 | - | €90,909 | +€90,909 | |
| Profit (loss) carried forward | 14 | -€225,001 | -€222,296 | +€2,705 | +1.2% |
| Amounts payable | 17/49 | €927,147 | €935,340 | +€8,193 | +0.9% |
| Amounts payable after more than one year | 17 | €310,448 | €304,127 | -€6,321 | -2.0% |
| Financial debts | 170/4 | €310,448 | €304,127 | -€6,321 | -2.0% |
| Amounts payable within one year | 42/48 | €514,294 | €509,583 | -€4,711 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €14,444 | €6,084 | -€8,360 | -57.9% |
| Trade debts | 44 | €261,275 | €187,300 | -€73,974 | -28.3% |
| Suppliers | 440/4 | €261,275 | €187,300 | -€73,974 | -28.3% |
| Taxes, remuneration and social security | 45 | €51,058 | €98,113 | +€47,054 | +92.2% |
| Taxes | 450/3 | €22,304 | €67,292 | +€44,988 | +202% |
| Remuneration and social security | 454/9 | €28,755 | €30,821 | +€2,066 | +7.2% |
| Other amounts payable | 47/48 | €187,517 | €218,086 | +€30,569 | +16.3% |
| Accrued charges and deferred income | 492/3 | €102,405 | €121,630 | +€19,225 | +18.8% |
| Remuneration, social security and pensions | 62 | €511,291 | €587,077 | +€75,786 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,148 | €33,373 | +€5,225 | +18.6% |
| Other operating charges | 640/8 | €2,704 | €4,322 | +€1,618 | +59.8% |
| Non-recurring operating charges | 66A | €4,111 | €50 | -€4,061 | -98.8% |
| Gross operating margin | 9900 | €564,629 | €746,116 | +€181,487 | +32.1% |
| Operating profit (loss) | 9901 | €18,374 | €121,294 | +€102,920 | +560% |
| Financial income | 75/76B | €0 | €78 | +€78 | +97,663% |
| Recurring financial income | 75 | €0 | €78 | +€78 | +97,663% |
| Financial charges | 65/66B | €12,380 | €15,519 | +€3,139 | +25.4% |
| Recurring financial charges | 65 | €12,300 | €15,519 | +€3,219 | +26.2% |
| Non-recurring financial charges | 66B | €80 | €0 | -€80 | -100% |
| Profit (loss) for the period before taxes | 9903 | €5,995 | €105,853 | +€99,858 | +1,666% |
| Income taxes | 67/77 | €369 | €12,240 | +€11,871 | +3,218% |
| Profit (loss) for the period | 9904 | €5,626 | €93,614 | +€87,988 | +1,564% |
| Profit (loss) for the period to be appropriated | 9905 | €5,626 | €93,614 | +€87,988 | +1,564% |
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 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.