Wizards@Work: 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
Wizards@Work
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,744
2024 · €17,462+€4,283
Equity
€137,336
2024 · €159,669-€22,333
Cash
€86,771
2024 · €84,246+€2,525
Balance sheet total
€333,317
2024 · €336,677-€3,360
Largest movements
Assets
- Intangible fixed assets -€20,000
down €20,000 (-18.4%), from €108,822 to €88,822
- Stocks and contracts +€4,165
up €4,165 (+25.9%), from €16,084 to €20,249
Equity and liabilities
- Reserves -€44,077
down €44,077 (-35.9%), from €122,771 to €78,694
- Other debts +€43,542
up €43,542 (+2392.5%), from €1,820 to €45,362
- Profit (loss) carried forward +€21,744
up €21,744 (+80.8%), from €26,898 to €48,642
- Debts after one year -€20,196
down €20,196 (-28.2%), from €71,495 to €51,298
- Current portion of long-term debt +€12,384
up €12,384 (+32.1%), from €38,604 to €50,988
Income statement
- Gross operating margin +€8,371
up €8,371 (+2.1%), from €391,489 to €399,860
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
€17,462
Gross operating margin
+€8,371
Staff costs
-€586
Depreciation
+€1,364
Other operating charges
+€179
Financial income
-€689
Financial charges
-€491
Taxes
-€3,865
Result 2025
€21,744
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
+€82,604
Investment
-€28,189
Financing
-€51,889
Cash 2024
€84,246
From operations (derived)
+€82,604
Net result for the year
+€21,744
Depreciation
+€43,058
Stocks and contracts
-€4,165
Receivables within one year
-€3,273
Deferred charges and accrued income
-€1,544
Trade debts
-€5,762
Tax, wage and social debts
-€10,995
Other debts
+€43,542
Investment (derived)
-€28,189
Investment in fixed assets (net)
-€28,189
Financing
-€51,889
Debts after one year
-€20,196
Current portion of long-term debt
+€12,384
Contributions, distributions and other
-€44,077
Cash 2025
€86,771
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,677 | €333,317 | -€3,360 | -1.0% |
| Fixed assets | 21/28 | €218,474 | €203,606 | -€14,868 | -6.8% |
| Intangible fixed assets | 21 | €108,822 | €88,822 | -€20,000 | -18.4% |
| Tangible fixed assets | 22/27 | €107,951 | €110,565 | +€2,613 | +2.4% |
| Plant, machinery and equipment | 23 | €62,559 | €68,365 | +€5,807 | +9.3% |
| Furniture and vehicles | 24 | €44,278 | €35,251 | -€9,028 | -20.4% |
| Other tangible fixed assets | 26 | €1,114 | €6,949 | +€5,834 | +523.6% |
| Financial fixed assets | 28 | €1,700 | €4,219 | +€2,518 | +148.1% |
| Current assets | 29/58 | €118,204 | €129,712 | +€11,508 | +9.7% |
| Stocks and contracts in progress | 3 | €16,084 | €20,249 | +€4,165 | +25.9% |
| Stocks | 30/36 | €16,084 | €20,249 | +€4,165 | +25.9% |
| Amounts receivable within one year | 40/41 | €9,832 | €13,105 | +€3,273 | +33.3% |
| Trade receivables | 40 | €5,843 | €9,751 | +€3,908 | +66.9% |
| Other amounts receivable | 41 | €3,989 | €3,354 | -€635 | -15.9% |
| Cash at bank and in hand | 54/58 | €84,246 | €86,771 | +€2,525 | +3.0% |
| Deferred charges and accrued income | 490/1 | €8,042 | €9,587 | +€1,544 | +19.2% |
| Total equity and liabilities | 10/49 | €336,677 | €333,317 | -€3,360 | -1.0% |
| Equity | 10/15 | €159,669 | €137,336 | -€22,333 | -14.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €122,771 | €78,694 | -€44,077 | -35.9% |
| Distributable reserves | 133 | €122,771 | €78,694 | -€44,077 | -35.9% |
| Profit (loss) carried forward | 14 | €26,898 | €48,642 | +€21,744 | +80.8% |
| Amounts payable | 17/49 | €177,008 | €195,981 | +€18,972 | +10.7% |
| Amounts payable after more than one year | 17 | €71,495 | €51,298 | -€20,196 | -28.2% |
| Financial debts | 170/4 | €71,495 | €51,298 | -€20,196 | -28.2% |
| Amounts payable within one year | 42/48 | €105,513 | €144,682 | +€39,169 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €38,604 | €50,988 | +€12,384 | +32.1% |
| Trade debts | 44 | €46,190 | €40,427 | -€5,762 | -12.5% |
| Suppliers | 440/4 | €46,190 | €40,427 | -€5,762 | -12.5% |
| Taxes, remuneration and social security | 45 | €18,900 | €7,905 | -€10,995 | -58.2% |
| Taxes | 450/3 | €12,719 | €7,905 | -€4,814 | -37.8% |
| Remuneration and social security | 454/9 | €6,181 | €0 | -€6,181 | -100.0% |
| Other amounts payable | 47/48 | €1,820 | €45,362 | +€43,542 | +2392.5% |
| Remuneration, social security and pensions | 62 | €308,912 | €309,498 | +€586 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,422 | €43,058 | -€1,364 | -3.1% |
| Other operating charges | 640/8 | €7,132 | €6,952 | -€179 | -2.5% |
| Gross operating margin | 9900 | €391,489 | €399,860 | +€8,371 | +2.1% |
| Operating profit (loss) | 9901 | €31,023 | €40,352 | +€9,328 | +30.1% |
| Financial income | 75/76B | €964 | €274 | -€689 | -71.5% |
| Recurring financial income | 75 | €964 | €274 | -€689 | -71.5% |
| Financial charges | 65/66B | €7,606 | €8,097 | +€491 | +6.5% |
| Recurring financial charges | 65 | €7,606 | €8,097 | +€491 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €24,382 | €32,529 | +€8,148 | +33.4% |
| Income taxes | 67/77 | €6,920 | €10,785 | +€3,865 | +55.9% |
| Profit (loss) for the period | 9904 | €17,462 | €21,744 | +€4,283 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,462 | €21,744 | +€4,283 | +24.5% |
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.