VOLIÈRE: 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
VOLIÈRE
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€133,047
2024 · €120,481+€12,566
Equity
€468,300
2024 · €335,253+€133,047
Cash
€449,987
2024 · €137,316+€312,672
Balance sheet total
€750,937
2024 · €639,333+€111,604
Largest movements
Assets
- Cash +€312,672
up €312,672 (+228%), from €137,316 to €449,987
mainly Current investments (+€190,000) and Net result for the year (+€133,047)
- Current investments -€190,000
down €190,000 (-53.5%), from €355,467 to €165,467
- Tangible fixed assets -€16,267
down €16,267 (-14.7%), from €110,644 to €94,377
of which Other tangible fixed assets: -€9,666
Equity and liabilities
- Profit (loss) carried forward +€133,047
up €133,047 (+40.9%), from €325,253 to €458,300
- Tax, wage and social debts -€17,480
down €17,480 (-14.0%), from €124,471 to €106,990
of which Taxes: -€21,507
Income statement
- Gross operating margin +€10,569
up €10,569 (+2.9%), from €362,637 to €373,206
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
€120,481
Gross operating margin
+€10,569
Staff costs
+€851
Depreciation
-€1,165
Other operating charges
+€2,294
Other operating items
-€30
Financial income
+€1,941
Financial charges
+€1,463
Taxes
-€3,357
Result 2025
€133,047
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€133,522
Investment
+€184,504
Financing
-€5,355
Cash 2024
€137,316
From operations (derived)
+€133,522
Net result for the year
+€133,047
Depreciation
+€22,537
Stocks and contracts
+€1,099
Receivables within one year
-€3,600
Deferred charges and accrued income
-€3,473
Trade debts
-€1,145
Tax, wage and social debts
-€17,480
Other debts
+€2,773
Accrued charges and deferred income
-€236
Investment (derived)
+€184,504
Investment in fixed assets (net)
-€5,496
Current investments
+€190,000
Financing
-€5,355
Debts after one year
-€5,041
Current portion of long-term debt
+€38
Short-term financial debts
-€352
Cash 2025
€449,987
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,333 | €750,937 | +€111,604 | +17.5% |
| Fixed assets | 21/28 | €120,465 | €103,424 | -€17,041 | -14.1% |
| Intangible fixed assets | 21 | €2,317 | €1,543 | -€775 | -33.4% |
| Tangible fixed assets | 22/27 | €110,644 | €94,377 | -€16,267 | -14.7% |
| Plant, machinery and equipment | 23 | €32,619 | €23,668 | -€8,951 | -27.4% |
| Furniture and vehicles | 24 | €3,730 | €6,081 | +€2,351 | +63.0% |
| Other tangible fixed assets | 26 | €74,295 | €64,629 | -€9,666 | -13.0% |
| Financial fixed assets | 28 | €7,504 | €7,504 | = | 0.0% |
| Current assets | 29/58 | €518,868 | €647,513 | +€128,645 | +24.8% |
| Stocks and contracts in progress | 3 | €16,570 | €15,472 | -€1,099 | -6.6% |
| Stocks | 30/36 | €16,570 | €15,472 | -€1,099 | -6.6% |
| Amounts receivable within one year | 40/41 | €5,666 | €9,265 | +€3,600 | +63.5% |
| Trade receivables | 40 | €3,923 | €8,902 | +€4,980 | +127% |
| Other amounts receivable | 41 | €1,743 | €363 | -€1,380 | -79.2% |
| Current investments | 50/53 | €355,467 | €165,467 | -€190,000 | -53.5% |
| Cash at bank and in hand | 54/58 | €137,316 | €449,987 | +€312,672 | +228% |
| Deferred charges and accrued income | 490/1 | €3,849 | €7,322 | +€3,473 | +90.2% |
| Total equity and liabilities | 10/49 | €639,333 | €750,937 | +€111,604 | +17.5% |
| Equity | 10/15 | €335,253 | €468,300 | +€133,047 | +39.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325,253 | €458,300 | +€133,047 | +40.9% |
| Amounts payable | 17/49 | €304,081 | €282,637 | -€21,443 | -7.1% |
| Amounts payable after more than one year | 17 | €99,694 | €94,654 | -€5,041 | -5.1% |
| Financial debts | 170/4 | €99,694 | €94,654 | -€5,041 | -5.1% |
| Amounts payable within one year | 42/48 | €197,118 | €180,951 | -€16,167 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €5,003 | €5,041 | +€38 | +0.8% |
| Financial debts | 43 | €352 | €0 | -€352 | -100% |
| Credit institutions | 430/8 | €352 | €0 | -€352 | -100% |
| Trade debts | 44 | €10,776 | €9,631 | -€1,145 | -10.6% |
| Suppliers | 440/4 | €10,776 | €9,631 | -€1,145 | -10.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €124,471 | €106,990 | -€17,480 | -14.0% |
| Taxes | 450/3 | €107,503 | €85,997 | -€21,507 | -20.0% |
| Remuneration and social security | 454/9 | €16,968 | €20,994 | +€4,026 | +23.7% |
| Other amounts payable | 47/48 | €56,516 | €59,289 | +€2,773 | +4.9% |
| Accrued charges and deferred income | 492/3 | €7,269 | €7,033 | -€236 | -3.3% |
| Remuneration, social security and pensions | 62 | €174,891 | €174,040 | -€851 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,372 | €22,537 | +€1,165 | +5.4% |
| Other operating charges | 640/8 | €3,786 | €1,492 | -€2,294 | -60.6% |
| Non-recurring operating charges | 66A | - | €30 | +€30 | |
| Gross operating margin | 9900 | €362,637 | €373,206 | +€10,569 | +2.9% |
| Operating profit (loss) | 9901 | €162,588 | €175,108 | +€12,520 | +7.7% |
| Financial income | 75/76B | €4,479 | €6,420 | +€1,941 | +43.3% |
| Recurring financial income | 75 | €4,479 | €6,420 | +€1,941 | +43.3% |
| Financial charges | 65/66B | €10,068 | €8,605 | -€1,463 | -14.5% |
| Recurring financial charges | 65 | €10,068 | €8,605 | -€1,463 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €156,999 | €172,923 | +€15,924 | +10.1% |
| Income taxes | 67/77 | €36,518 | €39,875 | +€3,357 | +9.2% |
| Profit (loss) for the period | 9904 | €120,481 | €133,047 | +€12,566 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €120,481 | €133,047 | +€12,566 | +10.4% |
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.