TERING: what changed
What changed
TERING
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€12,024
2024 · €17,626-€5,603
Equity
€53,327
2024 · €41,304+€12,024
Cash
€11,309
2024 · €29,266-€17,957
Balance sheet total
€80,469
2024 · €71,817+€8,652
Largest movements
Assets
- Receivables within one year +€32,306
up €32,306 (+151%), from €21,339 to €53,645
- Cash -€17,957
down €17,957 (-61.4%), from €29,266 to €11,309
mainly Receivables within one year (-€32,306) and Debts after one year (-€2,355)
- Tangible fixed assets -€5,274
down €5,274 (-30.3%), from €17,408 to €12,135
of which Plant, machinery and equipment: -€2,832
Equity and liabilities
- Reserves +€12,000
up €12,000 (+80.0%), from €15,000 to €27,000
- Debts after one year -€2,355
down €2,355 (-70.1%), from €3,358 to €1,002
- Short-term financial debts +€1,326
up €1,326 (+39.6%), from €3,352 to €4,678
- Advances received -€897
down €897 (-71.1%), from €1,262 to €365
- Tax, wage and social debts -€897
down €897 (-6.2%), from €14,354 to €13,458
of which Taxes: -€1,622
Income statement
- Staff costs +€11,743
up €11,743 (+48.5%), from €24,235 to €35,978
- Gross operating margin +€5,472
up €5,472 (+9.8%), from €55,888 to €61,360
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
€17,626
Gross operating margin
+€5,472
Staff costs
-€11,743
Depreciation
+€240
Other operating charges
-€238
Financial income
+€180
Financial charges
+€307
Taxes
+€179
Result 2025
€12,024
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
-€16,997
Investment
€0
Financing
-€960
Cash 2024
€29,266
From operations (derived)
-€16,997
Net result for the year
+€12,024
Depreciation
+€5,274
Stocks and contracts
+€128
Receivables within one year
-€32,306
Deferred charges and accrued income
+€297
Trade debts
-€237
Tax, wage and social debts
-€897
Advances received
-€897
Accrued charges and deferred income
-€381
Financing
-€960
Debts after one year
-€2,355
Current portion of long-term debt
+€70
Short-term financial debts
+€1,326
Cash 2025
€11,309
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,817 | €80,469 | +€8,652 | +12.0% |
| Fixed assets | 21/28 | €17,808 | €12,535 | -€5,274 | -29.6% |
| Tangible fixed assets | 22/27 | €17,408 | €12,135 | -€5,274 | -30.3% |
| Land and buildings | 22 | €7,252 | €4,811 | -€2,442 | -33.7% |
| Plant, machinery and equipment | 23 | €10,156 | €7,324 | -€2,832 | -27.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €54,009 | €67,934 | +€13,925 | +25.8% |
| Stocks and contracts in progress | 3 | €2,785 | €2,657 | -€128 | -4.6% |
| Stocks | 30/36 | €2,785 | €2,657 | -€128 | -4.6% |
| Amounts receivable within one year | 40/41 | €21,339 | €53,645 | +€32,306 | +151% |
| Other amounts receivable | 41 | €21,339 | €53,645 | +€32,306 | +151% |
| Cash at bank and in hand | 54/58 | €29,266 | €11,309 | -€17,957 | -61.4% |
| Deferred charges and accrued income | 490/1 | €620 | €323 | -€297 | -47.9% |
| Total equity and liabilities | 10/49 | €71,817 | €80,469 | +€8,652 | +12.0% |
| Equity | 10/15 | €41,304 | €53,327 | +€12,024 | +29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,000 | €27,000 | +€12,000 | +80.0% |
| Distributable reserves | 133 | €15,000 | €27,000 | +€12,000 | +80.0% |
| Profit (loss) carried forward | 14 | €20,104 | €20,127 | +€24 | +0.1% |
| Amounts payable | 17/49 | €30,513 | €27,141 | -€3,372 | -11.1% |
| Amounts payable after more than one year | 17 | €3,358 | €1,002 | -€2,355 | -70.1% |
| Financial debts | 170/4 | €3,358 | €1,002 | -€2,355 | -70.1% |
| Amounts payable within one year | 42/48 | €26,774 | €26,139 | -€635 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €2,286 | €2,355 | +€70 | +3.0% |
| Financial debts | 43 | €3,352 | €4,678 | +€1,326 | +39.6% |
| Credit institutions | 430/8 | €3,352 | €4,678 | +€1,326 | +39.6% |
| Trade debts | 44 | €5,520 | €5,283 | -€237 | -4.3% |
| Suppliers | 440/4 | €5,520 | €5,283 | -€237 | -4.3% |
| Advances received on contracts in progress | 46 | €1,262 | €365 | -€897 | -71.1% |
| Taxes, remuneration and social security | 45 | €14,354 | €13,458 | -€897 | -6.2% |
| Taxes | 450/3 | €12,784 | €11,162 | -€1,622 | -12.7% |
| Remuneration and social security | 454/9 | €1,570 | €2,295 | +€725 | +46.2% |
| Accrued charges and deferred income | 492/3 | €381 | - | -€381 | |
| Remuneration, social security and pensions | 62 | €24,235 | €35,978 | +€11,743 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,514 | €5,274 | -€240 | -4.4% |
| Other operating charges | 640/8 | €124 | €362 | +€238 | +192% |
| Gross operating margin | 9900 | €55,888 | €61,360 | +€5,472 | +9.8% |
| Operating profit (loss) | 9901 | €26,015 | €19,746 | -€6,269 | -24.1% |
| Financial income | 75/76B | €15 | €195 | +€180 | +1,163% |
| Recurring financial income | 75 | €15 | €195 | +€180 | +1,163% |
| Financial charges | 65/66B | €2,833 | €2,526 | -€307 | -10.8% |
| Recurring financial charges | 65 | €2,833 | €2,526 | -€307 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €23,197 | €17,415 | -€5,782 | -24.9% |
| Income taxes | 67/77 | €5,571 | €5,392 | -€179 | -3.2% |
| Profit (loss) for the period | 9904 | €17,626 | €12,024 | -€5,603 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,626 | €12,024 | -€5,603 | -31.8% |
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 2 November 2026 via checked.be.