A&E Culinair: 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.
A&E Culinair
Largest movements
- Cash +€33,955
up €33,955 (+119%), from €28,543 to €62,498
mainly Receivables within one year (+€24,069) and Net result for the year (+€16,819)
- Receivables within one year -€24,069
down €24,069 (-54.7%), from €44,006 to €19,937
of which Trade receivables: -€20,603
- Tangible fixed assets +€3,026
up €3,026 (+12.3%), from €24,685 to €27,711
of which Furniture and vehicles: +€11,366
- Reserves +€16,388
up €16,388 (+24.2%), from €67,782 to €84,170
- Tax, wage and social debts -€9,666
down €9,666 (-58.7%), from €16,473 to €6,806
of which Remuneration and social security: -€9,357
- Trade debts +€3,034
up €3,034 (+76.9%), from €3,946 to €6,980
- Advances received +€2,665
up €2,665, from €0 to €2,665
- Gross operating margin -€16,912
down €16,912 (-29.6%), from €57,211 to €40,299
- Taxes +€5,090
up €5,090 (+270%), from €1,885 to €6,975
- Depreciation -€1,370
down €1,370 (-12.1%), from €11,341 to €9,971
- Other operating charges -€800
down €800 (-11.3%), from €7,107 to €6,306
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,769 | €115,957 | +€13,188 | +12.8% |
| Fixed assets | 21/28 | €25,285 | €27,711 | +€2,426 | +9.6% |
| Intangible fixed assets | 21 | €600 | €0 | -€600 | -100% |
| Tangible fixed assets | 22/27 | €24,685 | €27,711 | +€3,026 | +12.3% |
| Land and buildings | 22 | €16,934 | €9,934 | -€7,000 | -41.3% |
| Plant, machinery and equipment | 23 | €7,751 | €6,410 | -€1,341 | -17.3% |
| Furniture and vehicles | 24 | - | €11,366 | +€11,366 | |
| Current assets | 29/58 | €77,484 | €88,247 | +€10,762 | +13.9% |
| Stocks and contracts in progress | 3 | €3,982 | €4,135 | +€153 | +3.8% |
| Stocks | 30/36 | €3,982 | €4,135 | +€153 | +3.8% |
| Amounts receivable within one year | 40/41 | €44,006 | €19,937 | -€24,069 | -54.7% |
| Trade receivables | 40 | €40,403 | €19,800 | -€20,603 | -51.0% |
| Other amounts receivable | 41 | €3,603 | €137 | -€3,466 | -96.2% |
| Cash at bank and in hand | 54/58 | €28,543 | €62,498 | +€33,955 | +119% |
| Deferred charges and accrued income | 490/1 | €954 | €1,677 | +€723 | +75.8% |
| Total equity and liabilities | 10/49 | €102,769 | €115,957 | +€13,188 | +12.8% |
| Equity | 10/15 | €82,351 | €99,170 | +€16,819 | +20.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €67,782 | €84,170 | +€16,388 | +24.2% |
| Distributable reserves | 133 | €67,782 | €84,170 | +€16,388 | +24.2% |
| Profit (loss) carried forward | 14 | -€432 | €0 | +€432 | |
| Amounts payable | 17/49 | €20,418 | €16,787 | -€3,631 | -17.8% |
| Amounts payable within one year | 42/48 | €20,418 | €16,451 | -€3,967 | -19.4% |
| Trade debts | 44 | €3,946 | €6,980 | +€3,034 | +76.9% |
| Suppliers | 440/4 | €3,946 | €6,980 | +€3,034 | +76.9% |
| Advances received on contracts in progress | 46 | €0 | €2,665 | +€2,665 | |
| Taxes, remuneration and social security | 45 | €16,473 | €6,806 | -€9,666 | -58.7% |
| Taxes | 450/3 | €5,013 | €4,704 | -€309 | -6.2% |
| Remuneration and social security | 454/9 | €11,459 | €2,102 | -€9,357 | -81.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €336 | +€336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,341 | €9,971 | -€1,370 | -12.1% |
| Other operating charges | 640/8 | €7,107 | €6,306 | -€800 | -11.3% |
| Gross operating margin | 9900 | €57,211 | €40,299 | -€16,912 | -29.6% |
| Operating profit (loss) | 9901 | €38,764 | €24,022 | -€14,742 | -38.0% |
| Financial income | 75/76B | €28 | €67 | +€39 | +140% |
| Recurring financial income | 75 | €28 | €67 | +€39 | +140% |
| Financial charges | 65/66B | €387 | €294 | -€92 | -23.9% |
| Recurring financial charges | 65 | €387 | €294 | -€92 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €38,405 | €23,794 | -€14,611 | -38.0% |
| Income taxes | 67/77 | €1,885 | €6,975 | +€5,090 | +270% |
| Profit (loss) for the period | 9904 | €36,519 | €16,819 | -€19,700 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,519 | €16,819 | -€19,700 | -53.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.