BE KITCHEN: 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.
BE KITCHEN
Largest movements
- Receivables within one year +€427,565
up €427,565 (+77.2%), from €554,175 to €981,740
of which Trade receivables: +€263,529
- Tangible fixed assets -€127,437
down €127,437 (-7.2%), from €1.8m to €1.6m
of which Land and buildings: -€110,274
- Cash -€113,849
down €113,849 (-51.0%), from €223,041 to €109,192
mainly Receivables within one year (-€427,565) and Debts after one year (-€141,465)
- Stocks and contracts +€37,720
up €37,720 (+34.1%), from €110,553 to €148,273
- Profit (loss) carried forward +€175,587
up €175,587 (+33.3%), from -€527,173 to -€351,585
- Debts after one year -€141,465
down €141,465 (-10.0%), from €1.4m to €1.3m
- Advances received +€93,719
up €93,719 (+34.8%), from €269,368 to €363,087
- Accrued charges and deferred income +€56,946
up €56,946 (+75.6%), from €75,296 to €132,241
- Gross operating margin +€469,195
up €469,195 (+242.8%), from €193,281 to €662,476
- Depreciation +€97,919
up €97,919 (+122.9%), from €79,690 to €177,609
- Staff costs +€54,704
up €54,704 (+29.3%), from €186,928 to €241,633
- Financial charges +€54,022
up €54,022 (+161.7%), from €33,408 to €87,430
- Other operating charges -€18,663
down €18,663 (-71.1%), from €26,232 to €7,569
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,747,340 | €2,926,828 | +€179,488 | +6.5% |
| Fixed assets | 21/28 | €1,818,594 | €1,667,596 | -€150,998 | -8.3% |
| Intangible fixed assets | 21 | €43,195 | €19,634 | -€23,561 | -54.5% |
| Tangible fixed assets | 22/27 | €1,773,729 | €1,646,292 | -€127,437 | -7.2% |
| Land and buildings | 22 | €1,719,528 | €1,609,254 | -€110,274 | -6.4% |
| Furniture and vehicles | 24 | €26,063 | €23,273 | -€2,790 | -10.7% |
| Other tangible fixed assets | 26 | €28,137 | €13,765 | -€14,372 | -51.1% |
| Financial fixed assets | 28 | €1,670 | €1,670 | = | 0.0% |
| Current assets | 29/58 | €928,746 | €1,259,231 | +€330,485 | +35.6% |
| Stocks and contracts in progress | 3 | €110,553 | €148,273 | +€37,720 | +34.1% |
| Stocks | 30/36 | €110,553 | €148,273 | +€37,720 | +34.1% |
| Amounts receivable within one year | 40/41 | €554,175 | €981,740 | +€427,565 | +77.2% |
| Trade receivables | 40 | €250,893 | €514,421 | +€263,529 | +105.0% |
| Other amounts receivable | 41 | €303,282 | €467,319 | +€164,037 | +54.1% |
| Cash at bank and in hand | 54/58 | €223,041 | €109,192 | -€113,849 | -51.0% |
| Deferred charges and accrued income | 490/1 | €40,976 | €20,026 | -€20,951 | -51.1% |
| Total equity and liabilities | 10/49 | €2,747,340 | €2,926,828 | +€179,488 | +6.5% |
| Equity | 10/15 | €682,827 | €858,415 | +€175,587 | +25.7% |
| Contributions | 10/11 | €1,210,000 | €1,210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€527,173 | -€351,585 | +€175,587 | +33.3% |
| Amounts payable | 17/49 | €2,064,512 | €2,068,413 | +€3,900 | +0.2% |
| Amounts payable after more than one year | 17 | €1,413,569 | €1,272,103 | -€141,465 | -10.0% |
| Financial debts | 170/4 | €1,413,569 | €1,272,103 | -€141,465 | -10.0% |
| Amounts payable within one year | 42/48 | €575,648 | €664,068 | +€88,420 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €123,525 | €141,465 | +€17,940 | +14.5% |
| Trade debts | 44 | €130,040 | €119,288 | -€10,752 | -8.3% |
| Suppliers | 440/4 | €130,040 | €119,288 | -€10,752 | -8.3% |
| Advances received on contracts in progress | 46 | €269,368 | €363,087 | +€93,719 | +34.8% |
| Taxes, remuneration and social security | 45 | €46,824 | €34,337 | -€12,487 | -26.7% |
| Taxes | 450/3 | €26,496 | €13,369 | -€13,127 | -49.5% |
| Remuneration and social security | 454/9 | €20,328 | €20,968 | +€640 | +3.1% |
| Other amounts payable | 47/48 | €5,891 | €5,891 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €75,296 | €132,241 | +€56,946 | +75.6% |
| Remuneration, social security and pensions | 62 | €186,928 | €241,633 | +€54,704 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,690 | €177,609 | +€97,919 | +122.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,429 | €490 | +€2,920 | |
| Other operating charges | 640/8 | €26,232 | €7,569 | -€18,663 | -71.1% |
| Gross operating margin | 9900 | €193,281 | €662,476 | +€469,195 | +242.8% |
| Operating profit (loss) | 9901 | -€97,140 | €235,176 | +€332,316 | |
| Financial income | 75/76B | €20,320 | €28,536 | +€8,216 | +40.4% |
| Recurring financial income | 75 | €20,320 | €28,536 | +€8,216 | +40.4% |
| Financial charges | 65/66B | €33,408 | €87,430 | +€54,022 | +161.7% |
| Recurring financial charges | 65 | €33,408 | €87,430 | +€54,022 | +161.7% |
| Profit (loss) for the period before taxes | 9903 | -€110,227 | €176,282 | +€286,509 | |
| Income taxes | 67/77 | €800 | €694 | -€106 | -13.2% |
| Profit (loss) for the period | 9904 | -€111,027 | €175,587 | +€286,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€111,027 | €175,587 | +€286,615 |
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 28 September 2026 via checked.be.