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WANG CAI: 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

WANG CAI

BE 0544.375.975
NACE 56.112, Limited-service restaurants, excluding mobile food services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€16,939
2023 · -€9,668+€26,607
Equity
€42,644
2023 · €25,705+€16,939
Cash
€42,668
2023 · €23,947+€18,721
Balance sheet total
€46,591
2023 · €29,452+€17,139

Largest movements

2023 to 2024
Assets
  • Cash +€18,721

    up €18,721 (+78.2%), from €23,947 to €42,668

    mainly Net result for the year (+€16,939) and Receivables within one year (+€854)

  • Receivables within one year -€854

    down €854 (-92.5%), from €924 to €70

    of which Trade receivables: -€810

Equity and liabilities
  • Profit (loss) carried forward +€16,939

    up €16,939 (+49.2%), from -€34,422 to -€17,483

Income statement
  • Gross operating margin +€19,271

    up €19,271, from -€1,860 to €17,411

  • Depreciation -€7,106

    down €7,106 (-98.6%), from €7,206 to €101

  • Financial charges -€206

    down €206 (-47.6%), from €432 to €226

From the 2023 result to the 2024 result

effect on the 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 -€9,668
Gross operating margin +€19,271
Depreciation +€7,106
Financial income +€32
Financial charges +€206
Taxes -€7
Result 2024 €16,939

Cash bridge derived

cash 2023 to 2024

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 +€18,721
Investment €0
Financing €0
Cash 2023 €23,947
Net result for the year +€16,939
Depreciation +€101
Stocks and contracts +€421
Receivables within one year +€854
Deferred charges and accrued income +€206
Trade debts -€241
Tax, wage and social debts +€346
Other debts +€33
Accrued charges and deferred income +€62
Cash 2024 €42,668
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €29,452 €46,591 +€17,139 +58.2%
Fixed assets 21/28 €201 €101 -€101 -50.0%
Tangible fixed assets 22/27 €201 €101 -€101 -50.0%
Furniture and vehicles 24 €201 €101 -€101 -50.0%
Current assets 29/58 €29,251 €46,490 +€17,239 +58.9%
Stocks and contracts in progress 3 €3,533 €3,112 -€421 -11.9%
Stocks 30/36 €3,533 €3,112 -€421 -11.9%
Amounts receivable within one year 40/41 €924 €70 -€854 -92.5%
Trade receivables 40 €880 €70 -€810 -92.1%
Other amounts receivable 41 €44 - -€44
Cash at bank and in hand 54/58 €23,947 €42,668 +€18,721 +78.2%
Deferred charges and accrued income 490/1 €846 €640 -€206 -24.4%
Total equity and liabilities 10/49 €29,452 €46,591 +€17,139 +58.2%
Equity 10/15 €25,705 €42,644 +€16,939 +65.9%
Contributions 10/11 €45,000 €45,000 = 0.0%
Reserves 13 €15,127 €15,127 = 0.0%
Distributable reserves 133 €15,127 €15,127 = 0.0%
Profit (loss) carried forward 14 -€34,422 -€17,483 +€16,939 +49.2%
Amounts payable 17/49 €3,747 €3,947 +€200 +5.3%
Amounts payable within one year 42/48 €3,619 €3,757 +€138 +3.8%
Trade debts 44 €1,841 €1,600 -€241 -13.1%
Suppliers 440/4 €1,841 €1,600 -€241 -13.1%
Taxes, remuneration and social security 45 €170 €517 +€346 +203.1%
Taxes 450/3 €170 €517 +€346 +203.1%
Other amounts payable 47/48 €1,607 €1,640 +€33 +2.0%
Accrued charges and deferred income 492/3 €128 €190 +€62 +48.4%
Non-recurring operating income 76A €384 €369 -€16 -4.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,206 €101 -€7,106 -98.6%
Gross operating margin 9900 -€1,860 €17,411 +€19,271
Operating profit (loss) 9901 -€9,066 €17,311 +€26,377
Financial income 75/76B - €32 +€32
Recurring financial income 75 - €32 +€32
Financial charges 65/66B €432 €226 -€206 -47.6%
Recurring financial charges 65 €432 €226 -€206 -47.6%
Profit (loss) for the period before taxes 9903 -€9,497 €17,116 +€26,614
Income taxes 67/77 €170 €178 +€7 +4.2%
Profit (loss) for the period 9904 -€9,668 €16,939 +€26,607
Profit (loss) for the period to be appropriated 9905 -€9,668 €16,939 +€26,607

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 29 September 2026 via checked.be.