VAN RAEMDONCK: 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
VAN RAEMDONCK
NACE 56.111, Full-service restaurants
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€4,193
2023 · -€61,293+€57,100
Equity
-€154,222
2023 · -€150,029-€4,193
Cash
€5,796
2023 · €5,884-€88
Balance sheet total
€431,533
2023 · €296,162+€135,371
Largest movements
Assets
- Receivables within one year +€158,068
up €158,068 (+300%), from €52,771 to €210,839
of which Trade receivables: +€102,815
- Tangible fixed assets -€16,956
down €16,956 (-9.6%), from €176,417 to €159,462
- Intangible fixed assets -€5,200
down €5,200 (-10.7%), from €48,624 to €43,424
Equity and liabilities
- Debts after one year +€179,465
up €179,465 (+247%), from €72,631 to €252,096
- Trade debts -€48,768
down €48,768 (-22.5%), from €216,761 to €167,992
- Short-term financial debts +€5,100
up €5,100 (+18.5%), from €27,561 to €32,661
Income statement
- Staff costs -€107,832
down €107,832 (-33.7%), from €320,293 to €212,461
- Financial charges +€38,656
up €38,656 (+147%), from €26,237 to €64,893
- Gross operating margin -€13,453
down €13,453 (-4.1%), from €324,958 to €311,505
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
-€61,293
Gross operating margin
-€13,453
Staff costs
+€107,832
Depreciation
-€2,357
Other operating charges
+€1,969
Financial income
-€153
Financial charges
-€38,656
Taxes
+€1,918
Result 2024
-€4,193
raises the resultlowers the result
Derived cash bridge
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
-€186,462
Investment
€0
Financing
+€186,374
Cash 2023
€5,884
From operations (derived)
-€186,462
Net result for the year
-€4,193
Depreciation
+€22,156
Receivables within one year
-€158,068
Deferred charges and accrued income
+€454
Trade debts
-€48,768
Tax, wage and social debts
-€1,861
Accrued charges and deferred income
+€3,819
Financing
+€186,374
Debts after one year
+€179,465
Current portion of long-term debt
+€1,809
Short-term financial debts
+€5,100
Cash 2024
€5,796
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,162 | €431,533 | +€135,371 | +45.7% |
| Fixed assets | 21/28 | €225,141 | €202,985 | -€22,156 | -9.8% |
| Intangible fixed assets | 21 | €48,624 | €43,424 | -€5,200 | -10.7% |
| Tangible fixed assets | 22/27 | €176,417 | €159,462 | -€16,956 | -9.6% |
| Plant, machinery and equipment | 23 | €18,441 | €13,004 | -€5,437 | -29.5% |
| Furniture and vehicles | 24 | €28,494 | €20,155 | -€8,339 | -29.3% |
| Other tangible fixed assets | 26 | €129,483 | €126,302 | -€3,180 | -2.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €71,022 | €228,548 | +€157,526 | +222% |
| Stocks and contracts in progress | 3 | €10,500 | €10,500 | = | 0.0% |
| Stocks | 30/36 | €10,500 | €10,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,771 | €210,839 | +€158,068 | +300% |
| Trade receivables | 40 | €44,337 | €147,152 | +€102,815 | +232% |
| Other amounts receivable | 41 | €8,434 | €63,687 | +€55,254 | +655% |
| Cash at bank and in hand | 54/58 | €5,884 | €5,796 | -€88 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,867 | €1,412 | -€454 | -24.3% |
| Total equity and liabilities | 10/49 | €296,162 | €431,533 | +€135,371 | +45.7% |
| Equity | 10/15 | -€150,029 | -€154,222 | -€4,193 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,598 | €78,598 | = | 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% |
| Distributable reserves | 133 | €76,738 | €76,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€247,227 | -€251,420 | -€4,193 | -1.7% |
| Amounts payable | 17/49 | €446,191 | €585,755 | +€139,563 | +31.3% |
| Amounts payable after more than one year | 17 | €72,631 | €252,096 | +€179,465 | +247% |
| Financial debts | 170/4 | €72,631 | €252,096 | +€179,465 | +247% |
| Amounts payable within one year | 42/48 | €373,560 | €329,840 | -€43,720 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €36,059 | €37,868 | +€1,809 | +5.0% |
| Financial debts | 43 | €27,561 | €32,661 | +€5,100 | +18.5% |
| Credit institutions | 430/8 | €27,561 | €32,661 | +€5,100 | +18.5% |
| Trade debts | 44 | €216,761 | €167,992 | -€48,768 | -22.5% |
| Suppliers | 440/4 | €216,761 | €167,992 | -€48,768 | -22.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €93,180 | €91,319 | -€1,861 | -2.0% |
| Taxes | 450/3 | €60,479 | €72,697 | +€12,217 | +20.2% |
| Remuneration and social security | 454/9 | €32,700 | €18,622 | -€14,078 | -43.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €3,819 | +€3,819 | |
| Remuneration, social security and pensions | 62 | €320,293 | €212,461 | -€107,832 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,799 | €22,156 | +€2,357 | +11.9% |
| Other operating charges | 640/8 | €17,686 | €15,717 | -€1,969 | -11.1% |
| Gross operating margin | 9900 | €324,958 | €311,505 | -€13,453 | -4.1% |
| Operating profit (loss) | 9901 | -€32,819 | €61,172 | +€93,991 | |
| Financial income | 75/76B | €193 | €41 | -€153 | -78.9% |
| Recurring financial income | 75 | €193 | €41 | -€153 | -78.9% |
| Financial charges | 65/66B | €26,237 | €64,893 | +€38,656 | +147% |
| Recurring financial charges | 65 | €26,237 | €64,893 | +€38,656 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€58,863 | -€3,680 | +€55,183 | +93.7% |
| Income taxes | 67/77 | €2,430 | €513 | -€1,918 | -78.9% |
| Profit (loss) for the period | 9904 | -€61,293 | -€4,193 | +€57,100 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,293 | -€4,193 | +€57,100 | +93.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.