THAI CAFE WATERLOO: 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.
THAI CAFE WATERLOO
Largest movements
- Receivables within one year +€7,790
up €7,790 (+2.5%), from €314,272 to €322,062
- Stocks and contracts +€7,316
up €7,316 (+37.7%), from €19,387 to €26,703
- Financial fixed assets +€4,959
up €4,959 (+4.5%), from €110,448 to €115,407
- Other debts +€87,195
new in 2025: €87,195
- Trade debts -€48,730
down €48,730 (-23.2%), from €209,618 to €160,888
- Tax, wage and social debts -€15,548
down €15,548 (-17.6%), from €88,464 to €72,916
of which Remuneration and social security: -€16,023
- Gross operating margin -€70,432
down €70,432 (-14.5%), from €485,269 to €414,837
- Staff costs -€57,898
down €57,898 (-12.7%), from €457,041 to €399,143
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 | €456,447 | €477,410 | +€20,963 | +4.6% |
| Fixed assets | 21/28 | €110,448 | €115,407 | +€4,959 | +4.5% |
| Financial fixed assets | 28 | €110,448 | €115,407 | +€4,959 | +4.5% |
| Current assets | 29/58 | €345,999 | €362,003 | +€16,004 | +4.6% |
| Stocks and contracts in progress | 3 | €19,387 | €26,703 | +€7,316 | +37.7% |
| Stocks | 30/36 | €19,387 | €26,703 | +€7,316 | +37.7% |
| Amounts receivable within one year | 40/41 | €314,272 | €322,062 | +€7,790 | +2.5% |
| Trade receivables | 40 | €314,272 | €322,062 | +€7,790 | +2.5% |
| Cash at bank and in hand | 54/58 | €10,574 | €11,791 | +€1,217 | +11.5% |
| Deferred charges and accrued income | 490/1 | €1,766 | €1,447 | -€319 | -18.1% |
| Total equity and liabilities | 10/49 | €456,447 | €477,410 | +€20,963 | +4.6% |
| Equity | 10/15 | €142,121 | €144,673 | +€2,552 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,061 | €136,613 | +€2,552 | +1.9% |
| Amounts payable | 17/49 | €314,326 | €332,737 | +€18,411 | +5.9% |
| Amounts payable within one year | 42/48 | €314,326 | €332,737 | +€18,411 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €16,244 | €11,738 | -€4,506 | -27.7% |
| Trade debts | 44 | €209,618 | €160,888 | -€48,730 | -23.2% |
| Suppliers | 440/4 | €209,618 | €160,888 | -€48,730 | -23.2% |
| Taxes, remuneration and social security | 45 | €88,464 | €72,916 | -€15,548 | -17.6% |
| Taxes | 450/3 | €7,979 | €8,454 | +€475 | +6.0% |
| Remuneration and social security | 454/9 | €80,485 | €64,462 | -€16,023 | -19.9% |
| Other amounts payable | 47/48 | - | €87,195 | +€87,195 | |
| Remuneration, social security and pensions | 62 | €457,041 | €399,143 | -€57,898 | -12.7% |
| Other operating charges | 640/8 | €2,016 | €1,254 | -€762 | -37.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €485,269 | €414,837 | -€70,432 | -14.5% |
| Operating profit (loss) | 9901 | €26,212 | €14,440 | -€11,772 | -44.9% |
| Financial charges | 65/66B | €14,045 | €11,888 | -€2,157 | -15.4% |
| Recurring financial charges | 65 | €9,045 | €11,888 | +€2,843 | +31.4% |
| Non-recurring financial charges | 66B | €5,000 | - | -€5,000 | |
| Profit (loss) for the period before taxes | 9903 | €12,167 | €2,552 | -€9,615 | -79.0% |
| Profit (loss) for the period | 9904 | €12,167 | €2,552 | -€9,615 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,167 | €2,552 | -€9,615 | -79.0% |
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 30 October 2026 via checked.be.