Chef Farini: 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.
Chef Farini
Largest movements
- Cash -€50,846
down €50,846 (-37.9%), from €134,166 to €83,320
mainly Other debts (-€60,000) and Net result for the year (-€9,731)
- Receivables within one year +€3,380
up €3,380 (+306.2%), from €1,104 to €4,484
of which Trade receivables: +€2,354
- Stocks and contracts +€1,990
up €1,990 (+9.4%), from €21,230 to €23,220
- Other debts -€60,000
down €60,000 (-90.5%), from €66,267 to €6,267
- Trade debts +€23,602
up €23,602 (+149.8%), from €15,757 to €39,359
- Profit (loss) carried forward -€9,731
down €9,731 (-16.6%), from €58,778 to €49,048
- Turnover -€470,952
no longer reported in 2025 (was €470,952)
- Purchases and services -€321,150
no longer reported in 2025 (was €321,150)
- Gross operating margin -€50,094
down €50,094 (-33.4%), from €149,803 to €99,709
- Taxes +€12,977
up €12,977 (+200.9%), from €6,458 to €19,435
- Staff costs +€12,271
up €12,271 (+16.3%), from €75,101 to €87,372
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 | €158,618 | €112,755 | -€45,864 | -28.9% |
| Fixed assets | 21/28 | €1,643 | €989 | -€654 | -39.8% |
| Tangible fixed assets | 22/27 | €1,643 | €989 | -€654 | -39.8% |
| Plant, machinery and equipment | 23 | €1,643 | €989 | -€654 | -39.8% |
| Current assets | 29/58 | €156,975 | €111,766 | -€45,210 | -28.8% |
| Stocks and contracts in progress | 3 | €21,230 | €23,220 | +€1,990 | +9.4% |
| Stocks | 30/36 | €21,230 | €23,220 | +€1,990 | +9.4% |
| Amounts receivable within one year | 40/41 | €1,104 | €4,484 | +€3,380 | +306.2% |
| Trade receivables | 40 | €500 | €2,854 | +€2,354 | +470.8% |
| Other amounts receivable | 41 | €604 | €1,629 | +€1,026 | +169.9% |
| Cash at bank and in hand | 54/58 | €134,166 | €83,320 | -€50,846 | -37.9% |
| Deferred charges and accrued income | 490/1 | €475 | €742 | +€266 | +56.0% |
| Total equity and liabilities | 10/49 | €158,618 | €112,755 | -€45,864 | -28.9% |
| Equity | 10/15 | €63,778 | €54,048 | -€9,731 | -15.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,778 | €49,048 | -€9,731 | -16.6% |
| Amounts payable | 17/49 | €94,840 | €58,707 | -€36,133 | -38.1% |
| Amounts payable within one year | 42/48 | €94,840 | €58,707 | -€36,133 | -38.1% |
| Trade debts | 44 | €15,757 | €39,359 | +€23,602 | +149.8% |
| Suppliers | 440/4 | €15,757 | €39,359 | +€23,602 | +149.8% |
| Taxes, remuneration and social security | 45 | €12,816 | €13,081 | +€265 | +2.1% |
| Taxes | 450/3 | €2,315 | - | -€2,315 | |
| Remuneration and social security | 454/9 | €10,501 | €13,081 | +€2,580 | +24.6% |
| Other amounts payable | 47/48 | €66,267 | €6,267 | -€60,000 | -90.5% |
| Turnover | 70 | €470,952 | - | -€470,952 | |
| Goods, raw materials, services and sundry goods | 60/61 | €321,150 | - | -€321,150 | |
| Remuneration, social security and pensions | 62 | €75,101 | €87,372 | +€12,271 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €980 | €654 | -€326 | -33.3% |
| Other operating charges | 640/8 | €4,540 | €1,224 | -€3,316 | -73.0% |
| Gross operating margin | 9900 | €149,803 | €99,709 | -€50,094 | -33.4% |
| Operating profit (loss) | 9901 | €69,181 | €10,459 | -€58,722 | -84.9% |
| Financial income | 75/76B | €63 | €320 | +€257 | +406.3% |
| Recurring financial income | 75 | €4 | €320 | +€317 | +8333.4% |
| Non-recurring financial income | 76B | €60 | - | -€60 | |
| Financial charges | 65/66B | €175 | €1,076 | +€901 | +515.6% |
| Recurring financial charges | 65 | €175 | €1,076 | +€901 | +515.6% |
| Profit (loss) for the period before taxes | 9903 | €69,070 | €9,704 | -€59,366 | -86.0% |
| Income taxes | 67/77 | €6,458 | €19,435 | +€12,977 | +200.9% |
| Profit (loss) for the period | 9904 | €62,612 | -€9,731 | -€72,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,612 | -€9,731 | -€72,343 |
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 3 October 2026 via checked.be.