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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

Restaurant COQUO

BE 1007.576.216
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€189,619
2024 · €17,976+€171,643
Equity
€237,594
2024 · €47,976+€189,619
Cash
€278,808
2024 · €82,005+€196,803
Balance sheet total
€459,676
2024 · €215,265+€244,411

Largest movements

2024 to 2025
Assets
  • Cash +€196,803

    up €196,803 (+240.0%), from €82,005 to €278,808

    mainly Net result for the year (+€189,619) and Depreciation (+€24,576)

  • Tangible fixed assets +€46,937

    up €46,937 (+41.0%), from €114,450 to €161,387

    of which Furniture and vehicles: +€39,711

  • Receivables within one year -€12,208

    down €12,208 (-88.6%), from €13,777 to €1,569

  • Stocks and contracts +€10,624

    up €10,624 (+220.0%), from €4,829 to €15,453

Equity and liabilities
  • Profit (loss) carried forward +€189,619

    up €189,619 (+1054.9%), from €17,976 to €207,594

  • Debts after one year +€21,965

    up €21,965 (+24.0%), from €91,559 to €113,524

  • Tax, wage and social debts +€20,457

    up €20,457 (+120.2%), from €17,019 to €37,475

    of which Taxes: +€11,146

  • Current portion of long-term debt +€17,878

    up €17,878 (+211.8%), from €8,441 to €26,319

  • Other debts -€15,981

    down €15,981 (-79.3%), from €20,157 to €4,176

Income statement
  • Gross operating margin +€323,565

    up €323,565 (+1108.6%), from €29,186 to €352,751

  • Staff costs +€68,033

    up €68,033 (+2183.0%), from €3,116 to €71,149

  • Taxes +€55,530

    up €55,530 (+2644.3%), from €2,100 to €57,630

  • Depreciation +€21,199

    up €21,199 (+627.6%), from €3,378 to €24,576

  • Financial charges +€5,463

    up €5,463 (+196.7%), from €2,777 to €8,240

From the 2024 result to the 2025 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 2024 €17,976
Gross operating margin +€323,565
Staff costs -€68,033
Depreciation -€21,199
Other operating charges -€1,542
Financial income -€156
Financial charges -€5,463
Taxes -€55,530
Result 2025 €189,619

Cash bridge derived

cash 2024 to 2025

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 +€228,473
Investment -€71,513
Financing +€39,843
Cash 2024 €82,005
Net result for the year +€189,619
Depreciation +€24,576
Stocks and contracts -€10,624
Receivables within one year +€12,208
Deferred charges and accrued income -€2,254
Trade debts +€10,473
Tax, wage and social debts +€20,457
Other debts -€15,981
Investment in fixed assets (net) -€71,513
Debts after one year +€21,965
Current portion of long-term debt +€17,878
Cash 2025 €278,808
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €215,265 €459,676 +€244,411 +113.5%
Fixed assets 21/28 €114,655 €161,592 +€46,937 +40.9%
Tangible fixed assets 22/27 €114,450 €161,387 +€46,937 +41.0%
Plant, machinery and equipment 23 €5,037 €9,032 +€3,994 +79.3%
Furniture and vehicles 24 €67,198 €106,909 +€39,711 +59.1%
Other tangible fixed assets 26 €42,215 €45,446 +€3,232 +7.7%
Financial fixed assets 28 €205 €205 = 0.0%
Current assets 29/58 €100,610 €298,084 +€197,474 +196.3%
Stocks and contracts in progress 3 €4,829 €15,453 +€10,624 +220.0%
Stocks 30/36 €4,829 €15,453 +€10,624 +220.0%
Amounts receivable within one year 40/41 €13,777 €1,569 -€12,208 -88.6%
Trade receivables 40 €13,777 €1,569 -€12,208 -88.6%
Cash at bank and in hand 54/58 €82,005 €278,808 +€196,803 +240.0%
Deferred charges and accrued income 490/1 - €2,254 +€2,254
Total equity and liabilities 10/49 €215,265 €459,676 +€244,411 +113.5%
Equity 10/15 €47,976 €237,594 +€189,619 +395.2%
Contributions 10/11 €30,000 €30,000 = 0.0%
Profit (loss) carried forward 14 €17,976 €207,594 +€189,619 +1054.9%
Amounts payable 17/49 €167,290 €222,082 +€54,792 +32.8%
Amounts payable after more than one year 17 €91,559 €113,524 +€21,965 +24.0%
Financial debts 170/4 €91,559 €113,524 +€21,965 +24.0%
Amounts payable within one year 42/48 €73,931 €106,758 +€32,827 +44.4%
Current portion of amounts payable after more than one year 42 €8,441 €26,319 +€17,878 +211.8%
Trade debts 44 €28,314 €38,787 +€10,473 +37.0%
Suppliers 440/4 €28,314 €38,787 +€10,473 +37.0%
Taxes, remuneration and social security 45 €17,019 €37,475 +€20,457 +120.2%
Taxes 450/3 €15,292 €26,438 +€11,146 +72.9%
Remuneration and social security 454/9 €1,727 €11,038 +€9,311 +539.1%
Other amounts payable 47/48 €20,157 €4,176 -€15,981 -79.3%
Accrued charges and deferred income 492/3 €1,800 €1,800 = 0.0%
Non-recurring operating income 76A - €801 +€801
Remuneration, social security and pensions 62 €3,116 €71,149 +€68,033 +2183.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,378 €24,576 +€21,199 +627.6%
Other operating charges 640/8 - €1,542 +€1,542
Gross operating margin 9900 €29,186 €352,751 +€323,565 +1108.6%
Operating profit (loss) 9901 €22,692 €255,484 +€232,792 +1025.9%
Financial income 75/76B €161 €5 -€156 -96.9%
Recurring financial income 75 €161 €5 -€156 -96.9%
Financial charges 65/66B €2,777 €8,240 +€5,463 +196.7%
Recurring financial charges 65 €2,777 €8,240 +€5,463 +196.7%
Profit (loss) for the period before taxes 9903 €20,076 €247,249 +€227,173 +1131.6%
Income taxes 67/77 €2,100 €57,630 +€55,530 +2644.3%
Profit (loss) for the period 9904 €17,976 €189,619 +€171,643 +954.9%
Profit (loss) for the period to be appropriated 9905 €17,976 €189,619 +€171,643 +954.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 September 2026 via checked.be.