TETRAS GOURMET: 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.
What changed
TETRAS GOURMET
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,691
2024 · €23,010+€4,681
Equity
€279,950
2024 · €252,259+€27,691
Cash
€14,582
2024 · €14,652-€70
Balance sheet total
€562,874
2024 · €450,554+€112,320
Largest movements
Assets
- Tangible fixed assets +€103,120
up €103,120 (+28.0%), from €368,891 to €472,012
of which Land and buildings: +€53,125
- Stocks and contracts +€5,748
up €5,748 (+73.9%), from €7,773 to €13,521
Equity and liabilities
- Debts after one year +€72,054
up €72,054 (+69.2%), from €104,161 to €176,215
- Profit (loss) carried forward +€27,691
up €27,691 (+11.9%), from €231,808 to €259,499
- Current portion of long-term debt +€19,974
up €19,974 (+44.2%), from €45,236 to €65,210
Income statement
- Purchases and services -€210,385
down €210,385 (-88.4%), from €238,056 to €27,670
- Depreciation +€21,616
up €21,616 (+62.3%), from €34,719 to €56,336
- Gross operating margin +€21,362
up €21,362 (+18.3%), from €116,745 to €138,107
- Staff costs -€5,620
down €5,620 (-15.0%), from €37,479 to €31,860
- Write-downs -€4,691
new in 2025: -€4,691
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.
Result 2024
€23,010
Gross operating margin
+€21,362
Staff costs
+€5,620
Depreciation
-€21,616
Write-downs
+€4,691
Provisions
+€691
Other operating charges
-€229
Financial income
-€86
Financial charges
-€2,168
Taxes
-€3,582
Result 2025
€27,691
raises the resultlowers the result
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.
From operations
+€64,326
Investment
-€159,006
Financing
+€94,610
Cash 2024
€14,652
From operations (derived)
+€64,326
Net result for the year
+€27,691
Depreciation
+€56,336
Stocks and contracts
-€5,748
Receivables within one year
-€4,108
Deferred charges and accrued income
+€136
Provisions
-€4,691
Trade debts
-€3,305
Tax, wage and social debts
-€2,733
Other debts
+€747
Investment (derived)
-€159,006
Investment in fixed assets (net)
-€159,456
Current investments
+€450
Financing
+€94,610
Debts after one year
+€72,054
Current portion of long-term debt
+€19,974
Short-term financial debts
+€2,582
Cash 2025
€14,582
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €450,554 | €562,874 | +€112,320 | +24.9% |
| Fixed assets | 21/28 | €369,190 | €472,310 | +€103,120 | +27.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €368,891 | €472,012 | +€103,120 | +28.0% |
| Land and buildings | 22 | €363,193 | €416,318 | +€53,125 | +14.6% |
| Plant, machinery and equipment | 23 | €2,856 | €1,653 | -€1,203 | -42.1% |
| Furniture and vehicles | 24 | €2,842 | €54,040 | +€51,198 | +1,801% |
| Financial fixed assets | 28 | €299 | €299 | = | 0.0% |
| Current assets | 29/58 | €81,364 | €90,564 | +€9,199 | +11.3% |
| Stocks and contracts in progress | 3 | €7,773 | €13,521 | +€5,748 | +73.9% |
| Stocks | 30/36 | €7,773 | €13,521 | +€5,748 | +73.9% |
| Amounts receivable within one year | 40/41 | €310 | €4,418 | +€4,108 | +1,326% |
| Other amounts receivable | 41 | €310 | €4,418 | +€4,108 | +1,326% |
| Current investments | 50/53 | €55,935 | €55,484 | -€450 | -0.8% |
| Cash at bank and in hand | 54/58 | €14,652 | €14,582 | -€70 | -0.5% |
| Deferred charges and accrued income | 490/1 | €2,695 | €2,559 | -€136 | -5.1% |
| Total equity and liabilities | 10/49 | €450,554 | €562,874 | +€112,320 | +24.9% |
| Equity | 10/15 | €252,259 | €279,950 | +€27,691 | +11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,808 | €259,499 | +€27,691 | +11.9% |
| Provisions and deferred taxes | 16 | €4,691 | - | -€4,691 | |
| Provisions for liabilities and charges | 160/5 | €4,691 | - | -€4,691 | |
| Major repairs and maintenance | 162 | €4,691 | - | -€4,691 | |
| Amounts payable | 17/49 | €193,604 | €282,924 | +€89,320 | +46.1% |
| Amounts payable after more than one year | 17 | €104,161 | €176,215 | +€72,054 | +69.2% |
| Financial debts | 170/4 | €104,161 | €176,215 | +€72,054 | +69.2% |
| Amounts payable within one year | 42/48 | €89,443 | €106,709 | +€17,266 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €45,236 | €65,210 | +€19,974 | +44.2% |
| Financial debts | 43 | €1,711 | €4,293 | +€2,582 | +151% |
| Credit institutions | 430/8 | €1,711 | €4,293 | +€2,582 | +151% |
| Trade debts | 44 | €23,725 | €20,420 | -€3,305 | -13.9% |
| Suppliers | 440/4 | €23,725 | €20,420 | -€3,305 | -13.9% |
| Taxes, remuneration and social security | 45 | €13,544 | €10,811 | -€2,733 | -20.2% |
| Taxes | 450/3 | €7,258 | €5,801 | -€1,457 | -20.1% |
| Remuneration and social security | 454/9 | €6,286 | €5,010 | -€1,276 | -20.3% |
| Other amounts payable | 47/48 | €5,227 | €5,974 | +€747 | +14.3% |
| Turnover | 70 | €354,801 | €355,777 | +€976 | +0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €238,056 | €27,670 | -€210,385 | -88.4% |
| Remuneration, social security and pensions | 62 | €37,479 | €31,860 | -€5,620 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,719 | €56,336 | +€21,616 | +62.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€4,691 | -€4,691 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €691 | - | -€691 | |
| Other operating charges | 640/8 | €3,254 | €3,484 | +€229 | +7.0% |
| Gross operating margin | 9900 | €116,745 | €138,107 | +€21,362 | +18.3% |
| Operating profit (loss) | 9901 | €40,602 | €51,119 | +€10,517 | +25.9% |
| Financial income | 75/76B | €458 | €372 | -€86 | -18.8% |
| Recurring financial income | 75 | €458 | €372 | -€86 | -18.8% |
| Financial charges | 65/66B | €9,305 | €11,473 | +€2,168 | +23.3% |
| Recurring financial charges | 65 | €9,231 | €11,294 | +€2,063 | +22.3% |
| Non-recurring financial charges | 66B | €74 | €179 | +€105 | +142% |
| Profit (loss) for the period before taxes | 9903 | €31,755 | €40,018 | +€8,263 | +26.0% |
| Income taxes | 67/77 | €8,744 | €12,327 | +€3,582 | +41.0% |
| Profit (loss) for the period | 9904 | €23,010 | €27,691 | +€4,681 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,010 | €27,691 | +€4,681 | +20.3% |
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 29 October 2026 via checked.be.