Chefs Kortrijk: 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.
Chefs Kortrijk
Largest movements
- Financial fixed assets +€128,924
up €128,924 (+516%), from €25,000 to €153,924
- Tangible fixed assets +€29,138
up €29,138 (+2,755%), from €1,058 to €30,196
of which Leasing and similar rights: +€29,573
- Cash +€11,354
up €11,354 (+111%), from €10,259 to €21,612
mainly Net result for the year (+€157,125) and Debts after one year (+€19,849)
- Receivables within one year -€4,087
down €4,087 (-61.7%), from €6,628 to €2,541
of which Trade receivables: -€6,050
- Reserves +€157,125
up €157,125 (+721%), from €21,797 to €178,922
- Debts after one year +€19,849
new in 2025: €19,849
- Other debts -€19,094
down €19,094 (-76.4%), from €25,000 to €5,906
- Current portion of long-term debt +€5,552
new in 2025: €5,552
- Financial income +€136,592
new in 2025: €136,592
- Depreciation +€4,367
up €4,367 (+1,759%), from €248 to €4,615
- Gross operating margin +€3,377
up €3,377 (+11.7%), from €28,812 to €32,189
- Financial charges +€1,772
up €1,772 (+2,245%), from €79 to €1,851
- Taxes -€1,372
down €1,372 (-23.2%), from €5,922 to €4,550
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.
Derived cash bridge
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 | €55,945 | €220,353 | +€164,409 | +294% |
| Fixed assets | 21/28 | €26,058 | €184,120 | +€158,062 | +607% |
| Tangible fixed assets | 22/27 | €1,058 | €30,196 | +€29,138 | +2,755% |
| Furniture and vehicles | 24 | €1,058 | €622 | -€435 | -41.2% |
| Leasing and similar rights | 25 | - | €29,573 | +€29,573 | |
| Financial fixed assets | 28 | €25,000 | €153,924 | +€128,924 | +516% |
| Current assets | 29/58 | €29,887 | €36,233 | +€6,346 | +21.2% |
| Amounts receivable within one year | 40/41 | €6,628 | €2,541 | -€4,087 | -61.7% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100% |
| Other amounts receivable | 41 | €578 | €2,541 | +€1,963 | +340% |
| Current investments | 50/53 | €13,000 | €12,000 | -€1,000 | -7.7% |
| Cash at bank and in hand | 54/58 | €10,259 | €21,612 | +€11,354 | +111% |
| Deferred charges and accrued income | 490/1 | - | €79 | +€79 | |
| Total equity and liabilities | 10/49 | €55,945 | €220,353 | +€164,409 | +294% |
| Equity | 10/15 | €26,797 | €183,922 | +€157,125 | +586% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,797 | €178,922 | +€157,125 | +721% |
| Distributable reserves | 133 | €21,797 | €178,922 | +€157,125 | +721% |
| Amounts payable | 17/49 | €29,148 | €36,432 | +€7,284 | +25.0% |
| Amounts payable after more than one year | 17 | - | €19,849 | +€19,849 | |
| Financial debts | 170/4 | - | €19,849 | +€19,849 | |
| Amounts payable within one year | 42/48 | €29,148 | €16,583 | -€12,565 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,552 | +€5,552 | |
| Trade debts | 44 | €79 | €738 | +€659 | +837% |
| Suppliers | 440/4 | €79 | €738 | +€659 | +837% |
| Taxes, remuneration and social security | 45 | €4,069 | €4,387 | +€318 | +7.8% |
| Taxes | 450/3 | €2,769 | €3,387 | +€618 | +22.3% |
| Remuneration and social security | 454/9 | €1,300 | €1,000 | -€300 | -23.1% |
| Other amounts payable | 47/48 | €25,000 | €5,906 | -€19,094 | -76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €4,615 | +€4,367 | +1,759% |
| Other operating charges | 640/8 | €766 | €640 | -€126 | -16.4% |
| Gross operating margin | 9900 | €28,812 | €32,189 | +€3,377 | +11.7% |
| Operating profit (loss) | 9901 | €27,798 | €26,934 | -€864 | -3.1% |
| Financial income | 75/76B | - | €136,592 | +€136,592 | |
| Recurring financial income | 75 | - | €136,592 | +€136,592 | |
| Financial charges | 65/66B | €79 | €1,851 | +€1,772 | +2,245% |
| Recurring financial charges | 65 | €79 | €1,851 | +€1,772 | +2,245% |
| Profit (loss) for the period before taxes | 9903 | €27,719 | €161,675 | +€133,956 | +483% |
| Income taxes | 67/77 | €5,922 | €4,550 | -€1,372 | -23.2% |
| Profit (loss) for the period | 9904 | €21,797 | €157,125 | +€135,328 | +621% |
| Profit (loss) for the period to be appropriated | 9905 | €21,797 | €157,125 | +€135,328 | +621% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.