MOUT: what changed
What changed
MOUT
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€132,214
2024 · €97,014+€35,200
Equity
€328,140
2024 · €536,467-€208,327
Cash
€317,324
2024 · €530,589-€213,265
Balance sheet total
€420,661
2024 · €630,780-€210,118
Largest movements
Assets
- Cash -€213,265
down €213,265 (-40.2%), from €530,589 to €317,324
mainly Contributions, distributions and other (-€340,541) and Other debts (-€20,458)
- Tangible fixed assets -€12,088
down €12,088 (-15.9%), from €75,864 to €63,776
of which Plant, machinery and equipment: -€9,877
- Receivables within one year +€8,845
up €8,845 (+81.0%), from €10,922 to €19,767
of which Other amounts receivable: +€9,140
Equity and liabilities
- Reserves -€220,727
down €220,727 (-41.6%), from €530,267 to €309,540
- Tax, wage and social debts +€23,559
up €23,559 (+153%), from €15,401 to €38,961
of which Taxes: +€18,415
- Other debts -€20,458
down €20,458 (-46.1%), from €44,341 to €23,883
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
Income statement
- Gross operating margin +€81,381
up €81,381 (+32.0%), from €253,982 to €335,363
- Staff costs +€28,434
up €28,434 (+27.4%), from €103,830 to €132,263
- Taxes +€12,901
up €12,901 (+43.2%), from €29,895 to €42,797
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€97,014
Gross operating margin
+€81,381
Staff costs
-€28,434
Depreciation
-€2,137
Write-downs
-€3,073
Other operating charges
+€559
Other operating items
-€226
Financial income
-€125
Financial charges
+€156
Taxes
-€12,901
Result 2025
€132,214
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€141,892
Investment
-€9,779
Financing
-€345,378
Cash 2024
€530,589
From operations (derived)
+€141,892
Net result for the year
+€132,214
Depreciation
+€21,867
Stocks and contracts
-€4,313
Receivables within one year
-€8,845
Deferred charges and accrued income
-€2,077
Smaller working-capital items
-€55
Tax, wage and social debts
+€23,559
Other debts
-€20,458
Investment (derived)
-€9,779
Investment in fixed assets (net)
-€9,779
Financing
-€345,378
Debts after one year
-€2,586
Current portion of long-term debt
-€2,509
Short-term financial debts
+€259
Contributions, distributions and other
-€340,541
Cash 2025
€317,324
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €630,780 | €420,661 | -€210,118 | -33.3% |
| Fixed assets | 21/28 | €76,956 | €64,868 | -€12,088 | -15.7% |
| Tangible fixed assets | 22/27 | €75,864 | €63,776 | -€12,088 | -15.9% |
| Plant, machinery and equipment | 23 | €33,848 | €23,971 | -€9,877 | -29.2% |
| Furniture and vehicles | 24 | €9,998 | €8,683 | -€1,316 | -13.2% |
| Other tangible fixed assets | 26 | €32,018 | €31,123 | -€895 | -2.8% |
| Financial fixed assets | 28 | €1,092 | €1,092 | = | 0.0% |
| Current assets | 29/58 | €553,824 | €355,793 | -€198,031 | -35.8% |
| Stocks and contracts in progress | 3 | €9,611 | €13,924 | +€4,313 | +44.9% |
| Stocks | 30/36 | €9,611 | €13,924 | +€4,313 | +44.9% |
| Amounts receivable within one year | 40/41 | €10,922 | €19,767 | +€8,845 | +81.0% |
| Trade receivables | 40 | €1,291 | €997 | -€295 | -22.8% |
| Other amounts receivable | 41 | €9,630 | €18,771 | +€9,140 | +94.9% |
| Cash at bank and in hand | 54/58 | €530,589 | €317,324 | -€213,265 | -40.2% |
| Deferred charges and accrued income | 490/1 | €2,701 | €4,778 | +€2,077 | +76.9% |
| Total equity and liabilities | 10/49 | €630,780 | €420,661 | -€210,118 | -33.3% |
| Equity | 10/15 | €536,467 | €328,140 | -€208,327 | -38.8% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €530,267 | €309,540 | -€220,727 | -41.6% |
| Distributable reserves | 133 | €530,267 | €309,540 | -€220,727 | -41.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €94,313 | €92,522 | -€1,791 | -1.9% |
| Amounts payable after more than one year | 17 | €2,803 | €217 | -€2,586 | -92.3% |
| Financial debts | 170/4 | €2,803 | €217 | -€2,586 | -92.3% |
| Amounts payable within one year | 42/48 | €87,585 | €88,793 | +€1,208 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €5,095 | €2,586 | -€2,509 | -49.2% |
| Financial debts | 43 | €18 | €277 | +€259 | +1,438% |
| Credit institutions | 430/8 | €18 | €277 | +€259 | +1,438% |
| Trade debts | 44 | €22,730 | €23,087 | +€357 | +1.6% |
| Suppliers | 440/4 | €22,730 | €23,087 | +€357 | +1.6% |
| Taxes, remuneration and social security | 45 | €15,401 | €38,961 | +€23,559 | +153% |
| Taxes | 450/3 | €2,529 | €20,943 | +€18,415 | +728% |
| Remuneration and social security | 454/9 | €12,873 | €18,017 | +€5,145 | +40.0% |
| Other amounts payable | 47/48 | €44,341 | €23,883 | -€20,458 | -46.1% |
| Accrued charges and deferred income | 492/3 | €3,924 | €3,511 | -€413 | -10.5% |
| Non-recurring operating income | 76A | - | €8,425 | +€8,425 | |
| Remuneration, social security and pensions | 62 | €103,830 | €132,263 | +€28,434 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,730 | €21,867 | +€2,137 | +10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,073 | €0 | +€3,073 | |
| Other operating charges | 640/8 | €3,973 | €3,414 | -€559 | -14.1% |
| Non-recurring operating charges | 66A | €0 | €226 | +€226 | |
| Gross operating margin | 9900 | €253,982 | €335,363 | +€81,381 | +32.0% |
| Operating profit (loss) | 9901 | €129,524 | €177,594 | +€48,070 | +37.1% |
| Financial income | 75/76B | €148 | €24 | -€125 | -83.9% |
| Recurring financial income | 75 | €148 | €24 | -€125 | -83.9% |
| Financial charges | 65/66B | €2,763 | €2,607 | -€156 | -5.6% |
| Recurring financial charges | 65 | €2,763 | €2,607 | -€156 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €126,909 | €175,011 | +€48,101 | +37.9% |
| Income taxes | 67/77 | €29,895 | €42,797 | +€12,901 | +43.2% |
| Profit (loss) for the period | 9904 | €97,014 | €132,214 | +€35,200 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,014 | €132,214 | +€35,200 | +36.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.