Tea & Lunch Georges: 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.
Tea & Lunch Georges
Largest movements
- Cash +€38,712
up €38,712 (+46.9%), from €82,569 to €121,281
mainly Net result for the year (+€66,017) and Depreciation (+€52,833)
- Tangible fixed assets -€32,067
down €32,067 (-14.7%), from €217,543 to €185,476
of which Other tangible fixed assets: -€17,979
- Stocks and contracts +€13,110
up €13,110 (+90.0%), from €14,563 to €27,673
- Deferred charges and accrued income -€10,364
down €10,364 (-57.9%), from €17,896 to €7,532
- Intangible fixed assets -€5,000
down €5,000 (-48.0%), from €10,417 to €5,417
- Debts after one year -€49,428
down €49,428 (-35.9%), from €137,608 to €88,180
- Reserves +€25,000
up €25,000 (+28.4%), from €88,007 to €113,007
of which Distributable reserves: +€25,000
- Other debts +€24,333
up €24,333 (+543%), from €4,481 to €28,814
- Trade debts -€12,963
down €12,963 (-47.3%), from €27,392 to €14,429
- Tax, wage and social debts +€8,579
up €8,579 (+24.9%), from €34,421 to €43,000
of which Taxes: +€5,594
- Gross operating margin +€29,305
up €29,305 (+8.7%), from €337,913 to €367,218
- Staff costs +€10,946
up €10,946 (+5.2%), from €209,543 to €220,489
- Depreciation -€10,567
down €10,567 (-16.7%), from €63,400 to €52,833
- Taxes +€4,006
up €4,006 (+109%), from €3,690 to €7,696
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €345,085 | €350,408 | +€5,324 | +1.5% |
| Fixed assets | 21/28 | €228,660 | €191,593 | -€37,067 | -16.2% |
| Intangible fixed assets | 21 | €10,417 | €5,417 | -€5,000 | -48.0% |
| Tangible fixed assets | 22/27 | €217,543 | €185,476 | -€32,067 | -14.7% |
| Plant, machinery and equipment | 23 | €29,647 | €25,299 | -€4,348 | -14.7% |
| Furniture and vehicles | 24 | €38,080 | €28,340 | -€9,740 | -25.6% |
| Other tangible fixed assets | 26 | €149,817 | €131,838 | -€17,979 | -12.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €116,424 | €158,816 | +€42,391 | +36.4% |
| Stocks and contracts in progress | 3 | €14,563 | €27,673 | +€13,110 | +90.0% |
| Stocks | 30/36 | €14,563 | €27,673 | +€13,110 | +90.0% |
| Amounts receivable within one year | 40/41 | €1,396 | €2,330 | +€934 | +66.9% |
| Other amounts receivable | 41 | €1,396 | €2,330 | +€934 | +66.9% |
| Cash at bank and in hand | 54/58 | €82,569 | €121,281 | +€38,712 | +46.9% |
| Deferred charges and accrued income | 490/1 | €17,896 | €7,532 | -€10,364 | -57.9% |
| Total equity and liabilities | 10/49 | €345,085 | €350,408 | +€5,324 | +1.5% |
| Equity | 10/15 | €88,603 | €119,620 | +€31,017 | +35.0% |
| Reserves | 13 | €88,007 | €113,007 | +€25,000 | +28.4% |
| Tax-exempt reserves | 132 | €2,007 | €2,007 | = | 0.0% |
| Distributable reserves | 133 | €86,000 | €111,000 | +€25,000 | +29.1% |
| Profit (loss) carried forward | 14 | €596 | €6,613 | +€6,017 | +1,009% |
| Amounts payable | 17/49 | €256,481 | €230,788 | -€25,693 | -10.0% |
| Amounts payable after more than one year | 17 | €137,608 | €88,180 | -€49,428 | -35.9% |
| Financial debts | 170/4 | €137,608 | €88,180 | -€49,428 | -35.9% |
| Amounts payable within one year | 42/48 | €114,957 | €135,670 | +€20,714 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €48,663 | €49,428 | +€765 | +1.6% |
| Trade debts | 44 | €27,392 | €14,429 | -€12,963 | -47.3% |
| Suppliers | 440/4 | €27,392 | €14,429 | -€12,963 | -47.3% |
| Taxes, remuneration and social security | 45 | €34,421 | €43,000 | +€8,579 | +24.9% |
| Taxes | 450/3 | €8,073 | €13,667 | +€5,594 | +69.3% |
| Remuneration and social security | 454/9 | €26,348 | €29,333 | +€2,984 | +11.3% |
| Other amounts payable | 47/48 | €4,481 | €28,814 | +€24,333 | +543% |
| Accrued charges and deferred income | 492/3 | €3,917 | €6,938 | +€3,021 | +77.1% |
| Remuneration, social security and pensions | 62 | €209,543 | €220,489 | +€10,946 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,400 | €52,833 | -€10,567 | -16.7% |
| Other operating charges | 640/8 | €14,989 | €14,218 | -€771 | -5.1% |
| Non-recurring operating charges | 66A | €2,061 | €2,514 | +€453 | +22.0% |
| Gross operating margin | 9900 | €337,913 | €367,218 | +€29,305 | +8.7% |
| Operating profit (loss) | 9901 | €47,920 | €77,164 | +€29,244 | +61.0% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €3,899 | €3,468 | -€431 | -11.1% |
| Recurring financial charges | 65 | €3,899 | €3,468 | -€431 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €44,021 | €73,712 | +€29,692 | +67.4% |
| Income taxes | 67/77 | €3,690 | €7,696 | +€4,006 | +109% |
| Profit (loss) for the period | 9904 | €40,331 | €66,017 | +€25,686 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,331 | €66,017 | +€25,686 | +63.7% |
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 27 October 2026 via checked.be.