vanvoorenk: 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
vanvoorenk
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,541
2024 · €28,828+€13,713
Equity
-€29,174
2024 · -€71,715+€42,541
Cash
€21,526
2024 · €18,710+€2,816
Balance sheet total
€391,300
2024 · €434,333-€43,033
Largest movements
Assets
- Tangible fixed assets -€55,433
down €55,433 (-14.2%), from €390,606 to €335,173
of which Other tangible fixed assets: -€47,296
- Receivables within one year +€5,026
up €5,026 (+258.0%), from €1,948 to €6,974
of which Other amounts receivable: +€4,737
- Stocks and contracts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
Equity and liabilities
- Other debts -€46,578
down €46,578 (-72.7%), from €64,071 to €17,493
- Profit (loss) carried forward +€42,541
up €42,541 (+28.8%), from -€147,872 to -€105,331
- Debts after one year -€42,540
down €42,540 (-13.1%), from €323,838 to €281,298
Income statement
- Staff costs -€31,197
down €31,197 (-54.8%), from €56,945 to €25,748
- Gross operating margin -€20,391
down €20,391 (-11.7%), from €174,992 to €154,601
- Depreciation -€3,225
down €3,225 (-5.0%), from €64,519 to €61,294
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.
Result 2024
€28,828
Gross operating margin
-€20,391
Staff costs
+€31,197
Depreciation
+€3,225
Other operating charges
-€352
Other operating items
+€1,622
Financial income
-€1,062
Financial charges
+€837
Taxes
-€1,364
Result 2025
€42,541
Cash bridge derived
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.
From operations
+€54,233
Investment
-€5,175
Financing
-€46,243
Cash 2024
€18,710
From operations (derived)
+€54,233
Net result for the year
+€42,541
Depreciation
+€61,294
Stocks and contracts
-€5,000
Receivables within one year
-€5,026
Deferred charges and accrued income
-€245
Trade debts
+€3,721
Tax, wage and social debts
+€3,655
Other debts
-€46,578
Accrued charges and deferred income
-€129
Investment (derived)
-€5,175
Investment in fixed assets (net)
-€5,175
Financing
-€46,243
Debts after one year
-€42,540
Current portion of long-term debt
-€3,122
Short-term financial debts
-€580
Cash 2025
€21,526
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,333 | €391,300 | -€43,033 | -9.9% |
| Fixed assets | 21/28 | €401,971 | €345,852 | -€56,119 | -14.0% |
| Intangible fixed assets | 21 | €2,545 | €1,859 | -€686 | -27.0% |
| Tangible fixed assets | 22/27 | €390,606 | €335,173 | -€55,433 | -14.2% |
| Plant, machinery and equipment | 23 | €18,674 | €11,338 | -€7,336 | -39.3% |
| Furniture and vehicles | 24 | €920 | €119 | -€801 | -87.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €371,012 | €323,716 | -€47,296 | -12.7% |
| Financial fixed assets | 28 | €8,820 | €8,820 | = | 0.0% |
| Current assets | 29/58 | €32,361 | €45,448 | +€13,087 | +40.4% |
| Stocks and contracts in progress | 3 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Stocks | 30/36 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €1,948 | €6,974 | +€5,026 | +258.0% |
| Trade receivables | 40 | €20 | €309 | +€289 | +1445.0% |
| Other amounts receivable | 41 | €1,928 | €6,665 | +€4,737 | +245.7% |
| Cash at bank and in hand | 54/58 | €18,710 | €21,526 | +€2,816 | +15.0% |
| Deferred charges and accrued income | 490/1 | €1,702 | €1,947 | +€245 | +14.4% |
| Total equity and liabilities | 10/49 | €434,333 | €391,300 | -€43,033 | -9.9% |
| Equity | 10/15 | -€71,715 | -€29,174 | +€42,541 | +59.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €75,157 | €75,157 | = | 0.0% |
| Distributable reserves | 133 | €75,157 | €75,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,872 | -€105,331 | +€42,541 | +28.8% |
| Amounts payable | 17/49 | €506,048 | €420,474 | -€85,574 | -16.9% |
| Amounts payable after more than one year | 17 | €323,838 | €281,298 | -€42,540 | -13.1% |
| Financial debts | 170/4 | €323,838 | €281,298 | -€42,540 | -13.1% |
| Amounts payable within one year | 42/48 | €177,455 | €134,550 | -€42,905 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €45,663 | €42,540 | -€3,122 | -6.8% |
| Financial debts | 43 | €783 | €203 | -€580 | -74.1% |
| Credit institutions | 430/8 | €783 | €203 | -€580 | -74.1% |
| Trade debts | 44 | €55,516 | €59,237 | +€3,721 | +6.7% |
| Suppliers | 440/4 | €55,516 | €59,237 | +€3,721 | +6.7% |
| Taxes, remuneration and social security | 45 | €11,422 | €15,077 | +€3,655 | +32.0% |
| Taxes | 450/3 | €4,483 | €7,992 | +€3,508 | +78.3% |
| Remuneration and social security | 454/9 | €6,939 | €7,085 | +€146 | +2.1% |
| Other amounts payable | 47/48 | €64,071 | €17,493 | -€46,578 | -72.7% |
| Accrued charges and deferred income | 492/3 | €4,755 | €4,626 | -€129 | -2.7% |
| Remuneration, social security and pensions | 62 | €56,945 | €25,748 | -€31,197 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,519 | €61,294 | -€3,225 | -5.0% |
| Other operating charges | 640/8 | €3,180 | €3,532 | +€352 | +11.1% |
| Non-recurring operating charges | 66A | €1,622 | €0 | -€1,622 | -100.0% |
| Gross operating margin | 9900 | €174,992 | €154,601 | -€20,391 | -11.7% |
| Operating profit (loss) | 9901 | €48,727 | €64,028 | +€15,301 | +31.4% |
| Financial income | 75/76B | €1,184 | €122 | -€1,062 | -89.7% |
| Recurring financial income | 75 | €1,184 | €122 | -€1,062 | -89.7% |
| Financial charges | 65/66B | €20,642 | €19,805 | -€837 | -4.1% |
| Recurring financial charges | 65 | €20,642 | €19,805 | -€837 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €29,269 | €44,345 | +€15,077 | +51.5% |
| Income taxes | 67/77 | €440 | €1,804 | +€1,364 | +309.8% |
| Profit (loss) for the period | 9904 | €28,828 | €42,541 | +€13,713 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,828 | €42,541 | +€13,713 | +47.6% |
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 11 October 2026 via checked.be.