THE TRAITEUR: 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 TRAITEUR
Largest movements
- Cash +€85,047
up €85,047 (+169%), from €50,307 to €135,354
mainly Depreciation (+€91,377) and Net result for the year (+€68,555)
- Tangible fixed assets -€83,293
down €83,293 (-13.0%), from €641,197 to €557,904
of which Land and buildings: -€83,974
- Receivables after one year +€22,785
up €22,785 (+27.1%), from €84,214 to €106,999
- Current investments +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€38,555
up €38,555 (+32.9%), from €117,043 to €155,598
- Debts after one year -€36,264
down €36,264 (-6.3%), from €577,054 to €540,790
of which Financial debts: -€21,264
- Reserves +€30,000
up €30,000 (+44.8%), from €67,000 to €97,000
- Gross operating margin -€62,234
down €62,234 (-23.9%), from €260,723 to €198,489
- Taxes +€11,104
up €11,104 (+61.8%), from €17,973 to €29,076
- Depreciation +€6,969
up €6,969 (+8.3%), from €84,408 to €91,377
- Financial income +€4,192
up €4,192 (+80.6%), from €5,198 to €9,390
- Staff costs -€3,031
down €3,031 (-85.3%), from €3,551 to €520
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 | €904,501 | €947,923 | +€43,422 | +4.8% |
| Fixed assets | 21/28 | €643,307 | €560,014 | -€83,293 | -12.9% |
| Tangible fixed assets | 22/27 | €641,197 | €557,904 | -€83,293 | -13.0% |
| Land and buildings | 22 | €616,612 | €532,638 | -€83,974 | -13.6% |
| Plant, machinery and equipment | 23 | €13,202 | €14,778 | +€1,577 | +11.9% |
| Furniture and vehicles | 24 | €2,339 | €1,444 | -€895 | -38.3% |
| Other tangible fixed assets | 26 | €9,044 | €9,044 | = | 0.0% |
| Financial fixed assets | 28 | €2,110 | €2,110 | = | 0.0% |
| Current assets | 29/58 | €261,195 | €387,909 | +€126,715 | +48.5% |
| Amounts receivable after more than one year | 29 | €84,214 | €106,999 | +€22,785 | +27.1% |
| Other amounts receivable | 291 | €84,214 | €106,999 | +€22,785 | +27.1% |
| Stocks and contracts in progress | 3 | €339 | €315 | -€24 | -6.9% |
| Stocks | 30/36 | €339 | €315 | -€24 | -6.9% |
| Amounts receivable within one year | 40/41 | €125,406 | €133,233 | +€7,827 | +6.2% |
| Trade receivables | 40 | €125,406 | €133,233 | +€7,827 | +6.2% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €50,307 | €135,354 | +€85,047 | +169% |
| Deferred charges and accrued income | 490/1 | €929 | €2,008 | +€1,079 | +116% |
| Total equity and liabilities | 10/49 | €904,501 | €947,923 | +€43,422 | +4.8% |
| Equity | 10/15 | €204,043 | €272,598 | +€68,555 | +33.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €97,000 | +€30,000 | +44.8% |
| Distributable reserves | 133 | €67,000 | €97,000 | +€30,000 | +44.8% |
| Profit (loss) carried forward | 14 | €117,043 | €155,598 | +€38,555 | +32.9% |
| Amounts payable | 17/49 | €700,458 | €675,325 | -€25,133 | -3.6% |
| Amounts payable after more than one year | 17 | €577,054 | €540,790 | -€36,264 | -6.3% |
| Financial debts | 170/4 | €304,054 | €282,790 | -€21,264 | -7.0% |
| Other amounts payable | 178/9 | €273,000 | €258,000 | -€15,000 | -5.5% |
| Amounts payable within one year | 42/48 | €121,794 | €134,535 | +€12,741 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €20,674 | €21,264 | +€590 | +2.9% |
| Financial debts | 43 | €12,327 | €12,327 | = | 0.0% |
| Credit institutions | 430/8 | €12,327 | €12,327 | = | 0.0% |
| Trade debts | 44 | €67,718 | €72,415 | +€4,696 | +6.9% |
| Suppliers | 440/4 | €67,718 | €72,415 | +€4,696 | +6.9% |
| Taxes, remuneration and social security | 45 | €21,075 | €28,530 | +€7,456 | +35.4% |
| Taxes | 450/3 | €21,067 | €28,530 | +€7,463 | +35.4% |
| Remuneration and social security | 454/9 | €8 | - | -€8 | |
| Accrued charges and deferred income | 492/3 | €1,610 | - | -€1,610 | |
| Non-recurring operating income | 76A | €3,796 | €15,000 | +€11,204 | +295% |
| Remuneration, social security and pensions | 62 | €3,551 | €520 | -€3,031 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,408 | €91,377 | +€6,969 | +8.3% |
| Other operating charges | 640/8 | €2,103 | €4,125 | +€2,022 | +96.2% |
| Gross operating margin | 9900 | €260,723 | €198,489 | -€62,234 | -23.9% |
| Operating profit (loss) | 9901 | €170,661 | €102,466 | -€68,195 | -40.0% |
| Financial income | 75/76B | €5,198 | €9,390 | +€4,192 | +80.6% |
| Recurring financial income | 75 | €5,198 | €9,390 | +€4,192 | +80.6% |
| Financial charges | 65/66B | €15,250 | €14,225 | -€1,024 | -6.7% |
| Recurring financial charges | 65 | €15,250 | €14,225 | -€1,024 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €160,609 | €97,631 | -€62,979 | -39.2% |
| Income taxes | 67/77 | €17,973 | €29,076 | +€11,104 | +61.8% |
| Profit (loss) for the period | 9904 | €142,637 | €68,555 | -€74,082 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €142,637 | €68,555 | -€74,082 | -51.9% |
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 24 October 2026 via checked.be.