FBOE: what changed
What changed
FBOE
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
-€634,426
2024 · -€574,639-€59,787
Equity
-€1.9m
2024 · -€1.2m-€634,426
Cash
€15,621
2024 · €24,020-€8,399
Balance sheet total
€1.5m
2024 · €1.7m-€208,855
Largest movements
Assets
- Tangible fixed assets -€164,635
down €164,635 (-14.4%), from €1.1m to €976,793
of which Plant, machinery and equipment: -€161,550
- Intangible fixed assets -€40,000
down €40,000 (-14.3%), from €280,000 to €240,000
Equity and liabilities
- Profit (loss) carried forward -€634,426
down €634,426 (-47.7%), from -€1.3m to -€2.0m
- Debts after one year +€262,483
up €262,483 (+13.5%), from €1.9m to €2.2m
- Tax, wage and social debts +€257,047
up €257,047 (+39.3%), from €653,553 to €910,600
of which Remuneration and social security: +€135,671
- Trade debts -€57,919
down €57,919 (-23.1%), from €250,700 to €192,781
- Accrued charges and deferred income -€40,442
no longer reported in 2025 (was €40,442)
Income statement
- Gross operating margin -€216,890
down €216,890 (-38.2%), from €567,302 to €350,412
- Staff costs -€161,807
down €161,807 (-17.8%), from €907,667 to €745,859
- Other operating charges +€6,707
up €6,707 (+296%), from €2,263 to €8,970
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
-€574,639
Gross operating margin
-€216,890
Staff costs
+€161,807
Depreciation
+€196
Other operating charges
-€6,707
Financial charges
+€1,807
Result 2025
-€634,426
raises the resultlowers the result
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
-€270,882
Investment
€0
Financing
+€262,483
Cash 2024
€24,020
From operations (derived)
-€270,882
Net result for the year
-€634,426
Depreciation
+€205,195
Stocks and contracts
+€8,450
Receivables within one year
-€12,947
Deferred charges and accrued income
-€242
Trade debts
-€57,919
Tax, wage and social debts
+€257,047
Other debts
+€4,402
Accrued charges and deferred income
-€40,442
Financing
+€262,483
Debts after one year
+€262,483
Cash 2025
€15,621
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,665,269 | €1,456,414 | -€208,855 | -12.5% |
| Formation expenses | 20 | €1,121 | €560 | -€560 | -50.0% |
| Fixed assets | 21/28 | €1,421,828 | €1,217,193 | -€204,635 | -14.4% |
| Intangible fixed assets | 21 | €280,000 | €240,000 | -€40,000 | -14.3% |
| Tangible fixed assets | 22/27 | €1,141,428 | €976,793 | -€164,635 | -14.4% |
| Plant, machinery and equipment | 23 | €1,128,536 | €966,986 | -€161,550 | -14.3% |
| Furniture and vehicles | 24 | €5,820 | €4,162 | -€1,659 | -28.5% |
| Other tangible fixed assets | 26 | €7,072 | €5,645 | -€1,426 | -20.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €242,321 | €238,661 | -€3,660 | -1.5% |
| Stocks and contracts in progress | 3 | €213,260 | €204,810 | -€8,450 | -4.0% |
| Stocks | 30/36 | €213,260 | €204,810 | -€8,450 | -4.0% |
| Amounts receivable within one year | 40/41 | €3,064 | €16,011 | +€12,947 | +423% |
| Trade receivables | 40 | €0 | €1,664 | +€1,664 | |
| Other amounts receivable | 41 | €3,064 | €14,347 | +€11,283 | +368% |
| Cash at bank and in hand | 54/58 | €24,020 | €15,621 | -€8,399 | -35.0% |
| Deferred charges and accrued income | 490/1 | €1,977 | €2,220 | +€242 | +12.3% |
| Total equity and liabilities | 10/49 | €1,665,269 | €1,456,414 | -€208,855 | -12.5% |
| Equity | 10/15 | -€1,228,833 | -€1,863,259 | -€634,426 | -51.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,328,833 | -€1,963,259 | -€634,426 | -47.7% |
| Amounts payable | 17/49 | €2,894,103 | €3,319,674 | +€425,571 | +14.7% |
| Amounts payable after more than one year | 17 | €1,944,668 | €2,207,151 | +€262,483 | +13.5% |
| Financial debts | 170/4 | €1,944,668 | €2,207,151 | +€262,483 | +13.5% |
| Amounts payable within one year | 42/48 | €908,993 | €1,112,523 | +€203,530 | +22.4% |
| Trade debts | 44 | €250,700 | €192,781 | -€57,919 | -23.1% |
| Suppliers | 440/4 | €250,700 | €192,781 | -€57,919 | -23.1% |
| Taxes, remuneration and social security | 45 | €653,553 | €910,600 | +€257,047 | +39.3% |
| Taxes | 450/3 | €178,645 | €300,021 | +€121,377 | +67.9% |
| Remuneration and social security | 454/9 | €474,908 | €610,579 | +€135,671 | +28.6% |
| Other amounts payable | 47/48 | €4,740 | €9,142 | +€4,402 | +92.9% |
| Accrued charges and deferred income | 492/3 | €40,442 | - | -€40,442 | |
| Remuneration, social security and pensions | 62 | €907,667 | €745,859 | -€161,807 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,391 | €205,195 | -€196 | -0.1% |
| Other operating charges | 640/8 | €2,263 | €8,970 | +€6,707 | +296% |
| Gross operating margin | 9900 | €567,302 | €350,412 | -€216,890 | -38.2% |
| Operating profit (loss) | 9901 | -€548,019 | -€609,612 | -€61,594 | -11.2% |
| Financial charges | 65/66B | €26,620 | €24,814 | -€1,807 | -6.8% |
| Recurring financial charges | 65 | €26,620 | €24,814 | -€1,807 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€574,639 | -€634,426 | -€59,787 | -10.4% |
| Profit (loss) for the period | 9904 | -€574,639 | -€634,426 | -€59,787 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€574,639 | -€634,426 | -€59,787 | -10.4% |
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.