Taste Garden Izegem: what changed
What changed
Taste Garden Izegem
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€69,742
2024 · €149,963-€80,221
Equity
€303,961
2024 · €234,218+€69,742
Cash
€98,994
2024 · €129,516-€30,523
Balance sheet total
€529,223
2024 · €494,821+€34,403
Largest movements
Assets
- Current investments +€80,000
new in 2025: €80,000
- Cash -€30,523
down €30,523 (-23.6%), from €129,516 to €98,994
mainly Current investments (-€80,000) and Debts after one year (-€32,060)
- Tangible fixed assets -€29,702
down €29,702 (-8.8%), from €338,590 to €308,888
of which Other tangible fixed assets: -€28,954
- Receivables within one year +€13,571
up €13,571 (+652%), from €2,081 to €15,651
of which Other amounts receivable: +€14,431
Equity and liabilities
- Reserves +€69,742
up €69,742 (+32.3%), from €215,618 to €285,361
- Debts after one year -€32,060
down €32,060 (-20.3%), from €157,769 to €125,709
Income statement
- Gross operating margin -€79,256
down €79,256 (-23.4%), from €338,017 to €258,761
- Staff costs +€37,028
up €37,028 (+41.8%), from €88,532 to €125,560
- Taxes -€31,726
down €31,726 (-54.1%), from €58,626 to €26,900
- Financial charges -€3,742
down €3,742 (-37.2%), from €10,047 to €6,304
of which Non-recurring financial charges: -€2,649
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
€149,963
Gross operating margin
-€79,256
Staff costs
-€37,028
Depreciation
+€858
Other operating charges
-€157
Financial income
-€105
Financial charges
+€3,742
Taxes
+€31,726
Result 2025
€69,742
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
+€80,943
Investment
-€80,000
Financing
-€31,466
Cash 2024
€129,516
From operations (derived)
+€80,943
Net result for the year
+€69,742
Depreciation
+€29,702
Stocks and contracts
+€2,600
Receivables within one year
-€13,571
Deferred charges and accrued income
-€3,657
Trade debts
-€2,707
Tax, wage and social debts
-€4,135
Advances received
+€929
Other debts
-€522
Accrued charges and deferred income
+€2,561
Investment (derived)
-€80,000
Current investments
-€80,000
Financing
-€31,466
Debts after one year
-€32,060
Current portion of long-term debt
+€594
Cash 2025
€98,994
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,821 | €529,223 | +€34,403 | +7.0% |
| Fixed assets | 21/28 | €350,590 | €320,888 | -€29,702 | -8.5% |
| Tangible fixed assets | 22/27 | €338,590 | €308,888 | -€29,702 | -8.8% |
| Plant, machinery and equipment | 23 | €589 | €23 | -€565 | -96.0% |
| Furniture and vehicles | 24 | €418 | €235 | -€183 | -43.7% |
| Other tangible fixed assets | 26 | €337,584 | €308,629 | -€28,954 | -8.6% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €144,231 | €208,336 | +€64,105 | +44.4% |
| Stocks and contracts in progress | 3 | €9,185 | €6,585 | -€2,600 | -28.3% |
| Stocks | 30/36 | €9,185 | €6,585 | -€2,600 | -28.3% |
| Amounts receivable within one year | 40/41 | €2,081 | €15,651 | +€13,571 | +652% |
| Trade receivables | 40 | €860 | - | -€860 | |
| Other amounts receivable | 41 | €1,221 | €15,651 | +€14,431 | +1,182% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €129,516 | €98,994 | -€30,523 | -23.6% |
| Deferred charges and accrued income | 490/1 | €3,449 | €7,106 | +€3,657 | +106% |
| Total equity and liabilities | 10/49 | €494,821 | €529,223 | +€34,403 | +7.0% |
| Equity | 10/15 | €234,218 | €303,961 | +€69,742 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,618 | €285,361 | +€69,742 | +32.3% |
| Distributable reserves | 133 | €215,618 | €285,361 | +€69,742 | +32.3% |
| Amounts payable | 17/49 | €260,602 | €225,263 | -€35,340 | -13.6% |
| Amounts payable after more than one year | 17 | €157,769 | €125,709 | -€32,060 | -20.3% |
| Financial debts | 170/4 | €157,769 | €125,709 | -€32,060 | -20.3% |
| Amounts payable within one year | 42/48 | €102,020 | €96,178 | -€5,841 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €31,466 | €32,060 | +€594 | +1.9% |
| Trade debts | 44 | €14,784 | €12,077 | -€2,707 | -18.3% |
| Suppliers | 440/4 | €14,784 | €12,077 | -€2,707 | -18.3% |
| Advances received on contracts in progress | 46 | €3,632 | €4,561 | +€929 | +25.6% |
| Taxes, remuneration and social security | 45 | €51,615 | €47,481 | -€4,135 | -8.0% |
| Taxes | 450/3 | €30,008 | €20,349 | -€9,659 | -32.2% |
| Remuneration and social security | 454/9 | €21,607 | €27,131 | +€5,524 | +25.6% |
| Other amounts payable | 47/48 | €522 | - | -€522 | |
| Accrued charges and deferred income | 492/3 | €814 | €3,375 | +€2,561 | +315% |
| Remuneration, social security and pensions | 62 | €88,532 | €125,560 | +€37,028 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,560 | €29,702 | -€858 | -2.8% |
| Other operating charges | 640/8 | €1,230 | €1,388 | +€157 | +12.8% |
| Gross operating margin | 9900 | €338,017 | €258,761 | -€79,256 | -23.4% |
| Operating profit (loss) | 9901 | €217,695 | €102,111 | -€115,584 | -53.1% |
| Financial income | 75/76B | €941 | €836 | -€105 | -11.1% |
| Recurring financial income | 75 | €941 | €836 | -€105 | -11.1% |
| Financial charges | 65/66B | €10,047 | €6,304 | -€3,742 | -37.2% |
| Recurring financial charges | 65 | €7,398 | €6,304 | -€1,093 | -14.8% |
| Non-recurring financial charges | 66B | €2,649 | - | -€2,649 | |
| Profit (loss) for the period before taxes | 9903 | €208,589 | €96,643 | -€111,946 | -53.7% |
| Income taxes | 67/77 | €58,626 | €26,900 | -€31,726 | -54.1% |
| Profit (loss) for the period | 9904 | €149,963 | €69,742 | -€80,221 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €149,963 | €69,742 | -€80,221 | -53.5% |
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 6 November 2026 via checked.be.