CHEF KHEM: 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.
CHEF KHEM
Largest movements
- Receivables within one year -€4,054
no longer reported in 2025 (was €4,054)
- Cash -€2,199
down €2,199 (-34.5%), from €6,366 to €4,167
- Profit (loss) carried forward -€6,264
down €6,264 (-12.7%), from -€49,176 to -€55,440
- Accrued charges and deferred income +€1,495
new in 2025: €1,495
- Trade debts -€914
down €914 (-3.2%), from €28,354 to €27,440
- Tax, wage and social debts -€850
down €850 (-17.6%), from €4,832 to €3,982
- Other debts +€224
new in 2025: €224
- Gross operating margin +€6,575
up €6,575, from -€6,262 to €313
- Financial charges +€980
up €980 (+127%), from €774 to €1,754
- Other operating charges -€484
down €484 (-25.2%), from €1,924 to €1,440
- Depreciation -€289
down €289 (-66.4%), from €435 to €146
- Financial income -€215
no longer reported in 2025 (was €215)
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,165 | €8,856 | -€6,309 | -41.6% |
| Fixed assets | 21/28 | €4,745 | €4,689 | -€56 | -1.2% |
| Tangible fixed assets | 22/27 | €260 | €204 | -€56 | -21.5% |
| Plant, machinery and equipment | 23 | €260 | €204 | -€56 | -21.5% |
| Financial fixed assets | 28 | €4,485 | €4,485 | = | 0.0% |
| Current assets | 29/58 | €10,420 | €4,167 | -€6,253 | -60.0% |
| Amounts receivable within one year | 40/41 | €4,054 | - | -€4,054 | |
| Other amounts receivable | 41 | €4,054 | - | -€4,054 | |
| Cash at bank and in hand | 54/58 | €6,366 | €4,167 | -€2,199 | -34.5% |
| Total equity and liabilities | 10/49 | €15,165 | €8,856 | -€6,309 | -41.6% |
| Equity | 10/15 | -€18,021 | -€24,285 | -€6,264 | -34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,555 | €12,555 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,695 | €10,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,176 | -€55,440 | -€6,264 | -12.7% |
| Amounts payable | 17/49 | €33,186 | €33,141 | -€45 | -0.1% |
| Amounts payable within one year | 42/48 | €33,186 | €31,646 | -€1,540 | -4.6% |
| Trade debts | 44 | €28,354 | €27,440 | -€914 | -3.2% |
| Suppliers | 440/4 | €28,354 | €27,440 | -€914 | -3.2% |
| Taxes, remuneration and social security | 45 | €4,832 | €3,982 | -€850 | -17.6% |
| Taxes | 450/3 | €4,832 | €3,982 | -€850 | -17.6% |
| Other amounts payable | 47/48 | - | €224 | +€224 | |
| Accrued charges and deferred income | 492/3 | - | €1,495 | +€1,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €146 | -€289 | -66.4% |
| Other operating charges | 640/8 | €1,924 | €1,440 | -€484 | -25.2% |
| Gross operating margin | 9900 | -€6,262 | €313 | +€6,575 | |
| Operating profit (loss) | 9901 | -€8,621 | -€1,273 | +€7,348 | +85.2% |
| Financial income | 75/76B | €215 | - | -€215 | |
| Recurring financial income | 75 | €215 | - | -€215 | |
| Financial charges | 65/66B | €774 | €1,754 | +€980 | +127% |
| Recurring financial charges | 65 | €774 | €1,754 | +€980 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€9,180 | -€3,027 | +€6,153 | +67.0% |
| Profit (loss) for the period | 9904 | -€9,180 | -€3,027 | +€6,153 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,180 | -€3,027 | +€6,153 | +67.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.