TIVERS: what changed
Two fiscal 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
TIVERS
NACE 56.111, Full-service restaurants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€1,050
2023 · €17,102-€18,152
Equity
€254,514
2023 · €255,564-€1,050
Cash
€2,883
2023 · €2,013+€870
Balance sheet total
€2.6m
2023 · €2.7m-€106,360
Largest movements
Assets
- Tangible fixed assets -€94,698
down €94,698 (-3.6%), from €2.6m to €2.5m
of which Land and buildings: -€60,533
Equity and liabilities
- Debts after one year -€104,674
down €104,674 (-7.1%), from €1.5m to €1.4m
- Trade debts -€35,015
down €35,015 (-85.6%), from €40,927 to €5,912
- Other debts +€29,890
up €29,890 (+3.9%), from €766,693 to €796,583
Income statement
- Gross operating margin -€45,700
down €45,700 (-9.9%), from €460,811 to €415,111
- Staff costs -€15,921
down €15,921 (-5.3%), from €302,209 to €286,288
- Provisions -€8,377
new in 2024: -€8,377
From the 2023 result to the 2024 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 2023
€17,102
Gross operating margin
-€45,700
Staff costs
+€15,921
Depreciation
-€329
Provisions
+€8,377
Other operating charges
-€833
Financial income
-€47
Financial charges
+€2,761
Taxes
+€1,698
Result 2024
-€1,050
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€93,264
Investment
-€4,260
Financing
-€88,134
Cash 2023
€2,013
From operations (derived)
+€93,264
Net result for the year
-€1,050
Depreciation
+€98,958
Stocks and contracts
-€989
Receivables within one year
+€2,574
Deferred charges and accrued income
+€10,947
Trade debts
-€35,015
Tax, wage and social debts
-€15,115
Advances received
+€322
Other debts
+€29,890
Accrued charges and deferred income
+€2,742
Investment (derived)
-€4,260
Investment in fixed assets (net)
-€4,260
Financing
-€88,134
Debts after one year
-€104,674
Current portion of long-term debt
+€16,540
Cash 2024
€2,883
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,690,962 | €2,584,602 | -€106,360 | -4.0% |
| Fixed assets | 21/28 | €2,612,126 | €2,517,428 | -€94,698 | -3.6% |
| Tangible fixed assets | 22/27 | €2,612,126 | €2,517,428 | -€94,698 | -3.6% |
| Land and buildings | 22 | €1,942,005 | €1,881,472 | -€60,533 | -3.1% |
| Plant, machinery and equipment | 23 | €670,121 | €635,956 | -€34,165 | -5.1% |
| Current assets | 29/58 | €78,836 | €67,174 | -€11,662 | -14.8% |
| Stocks and contracts in progress | 3 | €52,325 | €53,314 | +€989 | +1.9% |
| Stocks | 30/36 | €52,325 | €53,314 | +€989 | +1.9% |
| Amounts receivable within one year | 40/41 | €13,551 | €10,977 | -€2,574 | -19.0% |
| Other amounts receivable | 41 | €13,551 | €10,977 | -€2,574 | -19.0% |
| Cash at bank and in hand | 54/58 | €2,013 | €2,883 | +€870 | +43.2% |
| Deferred charges and accrued income | 490/1 | €10,947 | - | -€10,947 | |
| Total equity and liabilities | 10/49 | €2,690,962 | €2,584,602 | -€106,360 | -4.0% |
| Equity | 10/15 | €255,564 | €254,514 | -€1,050 | -0.4% |
| Contributions | 10/11 | €246,000 | €246,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €67,000 | = | 0.0% |
| Distributable reserves | 133 | €67,000 | €67,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,436 | -€58,486 | -€1,050 | -1.8% |
| Amounts payable | 17/49 | €2,435,398 | €2,330,088 | -€105,310 | -4.3% |
| Amounts payable after more than one year | 17 | €1,464,163 | €1,359,489 | -€104,674 | -7.1% |
| Financial debts | 170/4 | €1,464,163 | €1,359,489 | -€104,674 | -7.1% |
| Amounts payable within one year | 42/48 | €970,975 | €967,597 | -€3,378 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €74,255 | €90,795 | +€16,540 | +22.3% |
| Trade debts | 44 | €40,927 | €5,912 | -€35,015 | -85.6% |
| Suppliers | 440/4 | €40,927 | €5,912 | -€35,015 | -85.6% |
| Advances received on contracts in progress | 46 | €47,706 | €48,028 | +€322 | +0.7% |
| Taxes, remuneration and social security | 45 | €41,394 | €26,279 | -€15,115 | -36.5% |
| Taxes | 450/3 | €6,695 | €10,226 | +€3,531 | +52.7% |
| Remuneration and social security | 454/9 | €34,699 | €16,053 | -€18,646 | -53.7% |
| Other amounts payable | 47/48 | €766,693 | €796,583 | +€29,890 | +3.9% |
| Accrued charges and deferred income | 492/3 | €260 | €3,002 | +€2,742 | +1054.6% |
| Remuneration, social security and pensions | 62 | €302,209 | €286,288 | -€15,921 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,629 | €98,958 | +€329 | +0.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€8,377 | -€8,377 | |
| Other operating charges | 640/8 | €4,571 | €5,404 | +€833 | +18.2% |
| Gross operating margin | 9900 | €460,811 | €415,111 | -€45,700 | -9.9% |
| Operating profit (loss) | 9901 | €55,402 | €32,838 | -€22,564 | -40.7% |
| Financial income | 75/76B | €311 | €264 | -€47 | -15.1% |
| Recurring financial income | 75 | €311 | €264 | -€47 | -15.1% |
| Financial charges | 65/66B | €36,911 | €34,150 | -€2,761 | -7.5% |
| Recurring financial charges | 65 | €36,911 | €34,150 | -€2,761 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €18,802 | -€1,048 | -€19,850 | |
| Income taxes | 67/77 | €1,700 | €2 | -€1,698 | -99.9% |
| Profit (loss) for the period | 9904 | €17,102 | -€1,050 | -€18,152 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,102 | -€1,050 | -€18,152 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.