Cuisine & O: 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.
Cuisine & O
Largest movements
- Receivables within one year -€196,343
down €196,343 (-58.5%), from €335,460 to €139,117
of which Trade receivables: -€193,250
- Cash -€23,014
down €23,014 (-92.7%), from €24,815 to €1,801
mainly Trade debts (-€280,619) and Tax, wage and social debts (-€124,166)
- Tangible fixed assets +€13,563
up €13,563 (+26.5%), from €51,229 to €64,792
of which Plant, machinery and equipment: +€25,262
- Trade debts -€280,619
down €280,619 (-71.3%), from €393,427 to €112,808
- Tax, wage and social debts -€124,166
down €124,166 (-51.1%), from €243,048 to €118,882
of which Remuneration and social security: -€115,448
- Debts after one year +€119,828
up €119,828 (+447%), from €26,826 to €146,654
of which Other amounts payable: +€139,021
- Other debts +€82,974
up €82,974 (+90.7%), from €91,437 to €174,411
- Accrued charges and deferred income -€44,688
no longer reported in 2024 (was €44,688)
- Staff costs -€160,009
down €160,009 (-30.6%), from €522,345 to €362,336
- Gross operating margin +€43,934
up €43,934 (+10.9%), from €404,885 to €448,819
- Financial charges -€26,424
down €26,424 (-60.1%), from €43,994 to €17,570
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,143 | €230,456 | -€202,688 | -46.8% |
| Fixed assets | 21/28 | €67,807 | €82,370 | +€14,563 | +21.5% |
| Tangible fixed assets | 22/27 | €51,229 | €64,792 | +€13,563 | +26.5% |
| Plant, machinery and equipment | 23 | €3,241 | €28,504 | +€25,262 | +779% |
| Furniture and vehicles | 24 | €28,822 | €23,839 | -€4,982 | -17.3% |
| Leasing and similar rights | 25 | €19,166 | €12,449 | -€6,717 | -35.0% |
| Financial fixed assets | 28 | €16,578 | €17,578 | +€1,000 | +6.0% |
| Current assets | 29/58 | €365,337 | €148,086 | -€217,251 | -59.5% |
| Stocks and contracts in progress | 3 | €5,062 | €6,912 | +€1,850 | +36.6% |
| Stocks | 30/36 | €5,062 | €6,912 | +€1,850 | +36.6% |
| Amounts receivable within one year | 40/41 | €335,460 | €139,117 | -€196,343 | -58.5% |
| Trade receivables | 40 | €314,864 | €121,614 | -€193,250 | -61.4% |
| Other amounts receivable | 41 | €20,596 | €17,502 | -€3,093 | -15.0% |
| Cash at bank and in hand | 54/58 | €24,815 | €1,801 | -€23,014 | -92.7% |
| Deferred charges and accrued income | 490/1 | - | €256 | +€256 | |
| Total equity and liabilities | 10/49 | €433,143 | €230,456 | -€202,688 | -46.8% |
| Equity | 10/15 | -€399,306 | -€378,062 | +€21,244 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,505 | €1,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,505 | €1,505 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,505 | €1,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€407,011 | -€385,768 | +€21,244 | +5.2% |
| Amounts payable | 17/49 | €832,449 | €608,518 | -€223,931 | -26.9% |
| Amounts payable after more than one year | 17 | €26,826 | €146,654 | +€119,828 | +447% |
| Financial debts | 170/4 | €26,826 | €7,633 | -€19,193 | -71.5% |
| Other amounts payable | 178/9 | - | €139,021 | +€139,021 | |
| Amounts payable within one year | 42/48 | €760,936 | €461,864 | -€299,071 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €18,639 | €31,382 | +€12,743 | +68.4% |
| Trade debts | 44 | €393,427 | €112,808 | -€280,619 | -71.3% |
| Suppliers | 440/4 | €393,427 | €112,808 | -€280,619 | -71.3% |
| Advances received on contracts in progress | 46 | €14,385 | €24,381 | +€9,996 | +69.5% |
| Taxes, remuneration and social security | 45 | €243,048 | €118,882 | -€124,166 | -51.1% |
| Taxes | 450/3 | €43,784 | €35,066 | -€8,718 | -19.9% |
| Remuneration and social security | 454/9 | €199,264 | €83,816 | -€115,448 | -57.9% |
| Other amounts payable | 47/48 | €91,437 | €174,411 | +€82,974 | +90.7% |
| Accrued charges and deferred income | 492/3 | €44,688 | - | -€44,688 | |
| Remuneration, social security and pensions | 62 | €522,345 | €362,336 | -€160,009 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,132 | €20,724 | -€3,407 | -14.1% |
| Other operating charges | 640/8 | €28,294 | €26,904 | -€1,389 | -4.9% |
| Gross operating margin | 9900 | €404,885 | €448,819 | +€43,934 | +10.9% |
| Operating profit (loss) | 9901 | -€169,885 | €38,854 | +€208,739 | |
| Financial income | 75/76B | €84 | €175 | +€91 | +109% |
| Recurring financial income | 75 | €84 | €175 | +€91 | +109% |
| Financial charges | 65/66B | €43,994 | €17,570 | -€26,424 | -60.1% |
| Recurring financial charges | 65 | €43,994 | €17,570 | -€26,424 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | -€213,796 | €21,459 | +€235,254 | |
| Income taxes | 67/77 | €159 | €215 | +€55 | +34.8% |
| Profit (loss) for the period | 9904 | -€213,955 | €21,244 | +€235,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€213,955 | €21,244 | +€235,199 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.