THE BURGERQUEEN: 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.
THE BURGERQUEEN
Largest movements
- Tangible fixed assets +€131,883
up €131,883 (+50.8%), from €259,780 to €391,663
of which Land and buildings: +€133,136
- Receivables within one year +€10,156
up €10,156 (+157%), from €6,464 to €16,620
of which Other amounts receivable: +€9,238
- Debts after one year +€167,542
new in 2025: €167,542
- Profit (loss) carried forward -€28,611
down €28,611 (-817%), from -€3,504 to -€32,115
- Other debts -€16,770
down €16,770 (-6.3%), from €267,214 to €250,444
- Tax, wage and social debts +€14,850
new in 2025: €14,850
of which Taxes: +€14,346
- Current portion of long-term debt +€6,484
new in 2025: €6,484
- Gross operating margin -€20,299
down €20,299, from €19,839 to -€460
- Financial charges +€6,351
up €6,351 (+1,808%), from €351 to €6,702
- Staff costs -€6,030
down €6,030 (-31.4%), from €19,213 to €13,184
- Depreciation +€4,929
up €4,929 (+174%), from €2,828 to €7,757
- Other operating charges -€442
down €442 (-46.5%), from €950 to €508
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 | €266,268 | €409,431 | +€143,162 | +53.8% |
| Fixed assets | 21/28 | €259,780 | €391,663 | +€131,883 | +50.8% |
| Tangible fixed assets | 22/27 | €259,780 | €391,663 | +€131,883 | +50.8% |
| Land and buildings | 22 | €249,299 | €382,435 | +€133,136 | +53.4% |
| Plant, machinery and equipment | 23 | €10,481 | €9,228 | -€1,253 | -12.0% |
| Current assets | 29/58 | €6,489 | €17,768 | +€11,279 | +174% |
| Amounts receivable within one year | 40/41 | €6,464 | €16,620 | +€10,156 | +157% |
| Trade receivables | 40 | - | €918 | +€918 | |
| Other amounts receivable | 41 | €6,464 | €15,702 | +€9,238 | +143% |
| Cash at bank and in hand | 54/58 | €25 | €987 | +€962 | +3,896% |
| Deferred charges and accrued income | 490/1 | - | €161 | +€161 | |
| Total equity and liabilities | 10/49 | €266,268 | €409,431 | +€143,162 | +53.8% |
| Equity | 10/15 | -€2,504 | -€31,115 | -€28,611 | -1,143% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,504 | -€32,115 | -€28,611 | -817% |
| Amounts payable | 17/49 | €268,773 | €440,546 | +€171,773 | +63.9% |
| Amounts payable after more than one year | 17 | - | €167,542 | +€167,542 | |
| Financial debts | 170/4 | - | €167,542 | +€167,542 | |
| Amounts payable within one year | 42/48 | €268,773 | €272,448 | +€3,675 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,484 | +€6,484 | |
| Trade debts | 44 | €1,558 | €670 | -€888 | -57.0% |
| Suppliers | 440/4 | €1,558 | €670 | -€888 | -57.0% |
| Taxes, remuneration and social security | 45 | - | €14,850 | +€14,850 | |
| Taxes | 450/3 | - | €14,346 | +€14,346 | |
| Remuneration and social security | 454/9 | - | €504 | +€504 | |
| Other amounts payable | 47/48 | €267,214 | €250,444 | -€16,770 | -6.3% |
| Accrued charges and deferred income | 492/3 | - | €556 | +€556 | |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €19,213 | €13,184 | -€6,030 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,828 | €7,757 | +€4,929 | +174% |
| Other operating charges | 640/8 | €950 | €508 | -€442 | -46.5% |
| Gross operating margin | 9900 | €19,839 | -€460 | -€20,299 | |
| Operating profit (loss) | 9901 | -€3,153 | -€21,909 | -€18,756 | -595% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €351 | €6,702 | +€6,351 | +1,808% |
| Recurring financial charges | 65 | €351 | €6,702 | +€6,351 | +1,808% |
| Profit (loss) for the period before taxes | 9903 | -€3,504 | -€28,611 | -€25,107 | -717% |
| Profit (loss) for the period | 9904 | -€3,504 | -€28,611 | -€25,107 | -717% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,504 | -€28,611 | -€25,107 | -717% |
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 19 October 2026 via checked.be.