Ter Polders: what changed
What changed
Ter Polders
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€33,515
2024 · €139,105-€172,620
Equity
€77,737
2024 · €111,252-€33,515
Cash
€14,377
2024 · €6,469+€7,908
Balance sheet total
€194,563
2024 · €190,615+€3,948
Largest movements
Assets
- Receivables within one year -€70,508
down €70,508 (-88.4%), from €79,783 to €9,275
of which Other amounts receivable: -€57,217
- Tangible fixed assets +€66,548
up €66,548 (+63.8%), from €104,363 to €170,911
of which Other tangible fixed assets: +€64,383
- Cash +€7,908
up €7,908 (+122%), from €6,469 to €14,377
mainly Receivables within one year (+€70,508) and Debts after one year (+€51,073)
Equity and liabilities
- Debts after one year +€51,073
new in 2025: €51,073
- Trade debts -€27,265
down €27,265 (-87.5%), from €31,159 to €3,895
- Profit (loss) carried forward -€19,816
down €19,816 (-13.3%), from -€149,278 to -€169,095
- Reserves -€13,698
down €13,698 (-7.4%), from €185,530 to €171,832
- Other debts +€11,331
new in 2025: €11,331
Income statement
- Gross operating margin -€208,933
down €208,933, from €197,309 to -€11,623
- Depreciation +€11,968
up €11,968 (+157%), from €7,637 to €19,606
- Financial charges +€2,550
up €2,550 (+205%), from €1,243 to €3,793
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
€139,105
Gross operating margin
-€208,933
Staff costs
-€189
Depreciation
-€11,968
Other operating charges
+€1,146
Financial income
+€64
Financial charges
-€2,550
Taxes
+€4
Deferred taxes and other
+€49,807
Result 2025
-€33,515
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
+€39,291
Investment
-€86,154
Financing
+€54,771
Cash 2024
€6,469
From operations (derived)
+€39,291
Net result for the year
-€33,515
Depreciation
+€19,606
Receivables within one year
+€70,508
Provisions
-€3,425
Trade debts
-€27,265
Tax, wage and social debts
+€2,050
Other debts
+€11,331
Investment (derived)
-€86,154
Investment in fixed assets (net)
-€86,154
Financing
+€54,771
Debts after one year
+€51,073
Current portion of long-term debt
+€3,698
Cash 2025
€14,377
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,615 | €194,563 | +€3,948 | +2.1% |
| Fixed assets | 21/28 | €104,363 | €170,911 | +€66,548 | +63.8% |
| Tangible fixed assets | 22/27 | €104,363 | €170,911 | +€66,548 | +63.8% |
| Plant, machinery and equipment | 23 | €1,386 | €415 | -€971 | -70.0% |
| Furniture and vehicles | 24 | €2,860 | €5,996 | +€3,137 | +110% |
| Other tangible fixed assets | 26 | €100,117 | €164,499 | +€64,383 | +64.3% |
| Current assets | 29/58 | €86,252 | €23,652 | -€62,600 | -72.6% |
| Amounts receivable within one year | 40/41 | €79,783 | €9,275 | -€70,508 | -88.4% |
| Trade receivables | 40 | €18,131 | €4,840 | -€13,291 | -73.3% |
| Other amounts receivable | 41 | €61,652 | €4,435 | -€57,217 | -92.8% |
| Cash at bank and in hand | 54/58 | €6,469 | €14,377 | +€7,908 | +122% |
| Total equity and liabilities | 10/49 | €190,615 | €194,563 | +€3,948 | +2.1% |
| Equity | 10/15 | €111,252 | €77,737 | -€33,515 | -30.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €185,530 | €171,832 | -€13,698 | -7.4% |
| Tax-exempt reserves | 132 | €185,530 | €171,832 | -€13,698 | -7.4% |
| Profit (loss) carried forward | 14 | -€149,278 | -€169,095 | -€19,816 | -13.3% |
| Provisions and deferred taxes | 16 | €46,382 | €42,958 | -€3,425 | -7.4% |
| Deferred taxes | 168 | €46,382 | €42,958 | -€3,425 | -7.4% |
| Amounts payable | 17/49 | €32,980 | €73,868 | +€40,888 | +124% |
| Amounts payable after more than one year | 17 | - | €51,073 | +€51,073 | |
| Financial debts | 170/4 | - | €51,073 | +€51,073 | |
| Amounts payable within one year | 42/48 | €32,980 | €22,795 | -€10,186 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €1,270 | €4,968 | +€3,698 | +291% |
| Trade debts | 44 | €31,159 | €3,895 | -€27,265 | -87.5% |
| Suppliers | 440/4 | €31,159 | €3,895 | -€27,265 | -87.5% |
| Taxes, remuneration and social security | 45 | €551 | €2,601 | +€2,050 | +372% |
| Taxes | 450/3 | €544 | €2,601 | +€2,057 | +378% |
| Remuneration and social security | 454/9 | €7 | €0 | -€7 | -100% |
| Other amounts payable | 47/48 | - | €11,331 | +€11,331 | |
| Remuneration, social security and pensions | 62 | -€204 | -€15 | +€189 | +92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,637 | €19,606 | +€11,968 | +157% |
| Other operating charges | 640/8 | €2,875 | €1,729 | -€1,146 | -39.9% |
| Gross operating margin | 9900 | €197,309 | -€11,623 | -€208,933 | |
| Operating profit (loss) | 9901 | €187,001 | -€32,944 | -€219,944 | |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €1,243 | €3,793 | +€2,550 | +205% |
| Recurring financial charges | 65 | €1,243 | €3,793 | +€2,550 | +205% |
| Profit (loss) for the period before taxes | 9903 | €185,758 | -€36,673 | -€222,431 | |
| Transfer from deferred taxes | 780 | €1,118 | €3,425 | +€2,307 | +206% |
| Transfer to deferred taxes | 680 | €47,500 | €0 | -€47,500 | -100% |
| Income taxes | 67/77 | €271 | €267 | -€4 | -1.5% |
| Profit (loss) for the period | 9904 | €139,105 | -€33,515 | -€172,620 | |
| Transfer from tax-exempt reserves | 789 | €4,470 | €13,698 | +€9,228 | +206% |
| Transfer to tax-exempt reserves | 689 | €190,000 | €0 | -€190,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,425 | -€19,816 | +€26,609 | +57.3% |
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 5 November 2026 via checked.be.