CUISINE PALACE: 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 PALACE
Largest movements
- Receivables within one year +€45,679
up €45,679 (+83.1%), from €54,949 to €100,628
of which Trade receivables: +€31,582
- Tangible fixed assets -€38,895
down €38,895 (-48.2%), from €80,621 to €41,726
of which Furniture and vehicles: -€38,895
- Cash -€10,157
down €10,157 (-54.0%), from €18,810 to €8,653
mainly Trade debts (-€52,179) and Receivables within one year (-€45,679)
- Deferred charges and accrued income -€5,051
down €5,051 (-87.6%), from €5,767 to €716
- Trade debts -€52,179
down €52,179 (-75.2%), from €69,341 to €17,162
- Other debts +€38,877
up €38,877 (+321%), from €12,099 to €50,976
- Debts after one year -€22,615
down €22,615 (-32.8%), from €68,877 to €46,262
- Profit (loss) carried forward +€16,945
up €16,945 (+84.2%), from -€20,119 to -€3,175
- Tax, wage and social debts +€11,045
up €11,045 (+42.9%), from €25,756 to €36,802
of which Remuneration and social security: +€10,638
- Gross operating margin +€96,010
up €96,010, from -€1,392 to €94,618
- Depreciation +€9,125
up €9,125 (+30.7%), from €29,770 to €38,895
- Staff costs -€5,555
down €5,555 (-12.0%), from €46,180 to €40,626
- Financial income -€3,112
down €3,112 (-15.6%), from €19,914 to €16,801
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 | €207,213 | €199,879 | -€7,334 | -3.5% |
| Fixed assets | 21/28 | €80,721 | €41,826 | -€38,895 | -48.2% |
| Tangible fixed assets | 22/27 | €80,621 | €41,726 | -€38,895 | -48.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €80,621 | €41,726 | -€38,895 | -48.2% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €126,492 | €158,053 | +€31,561 | +25.0% |
| Stocks and contracts in progress | 3 | €46,965 | €48,056 | +€1,091 | +2.3% |
| Stocks | 30/36 | €46,965 | €48,056 | +€1,091 | +2.3% |
| Amounts receivable within one year | 40/41 | €54,949 | €100,628 | +€45,679 | +83.1% |
| Trade receivables | 40 | €45,713 | €77,295 | +€31,582 | +69.1% |
| Other amounts receivable | 41 | €9,236 | €23,333 | +€14,097 | +153% |
| Cash at bank and in hand | 54/58 | €18,810 | €8,653 | -€10,157 | -54.0% |
| Deferred charges and accrued income | 490/1 | €5,767 | €716 | -€5,051 | -87.6% |
| Total equity and liabilities | 10/49 | €207,213 | €199,879 | -€7,334 | -3.5% |
| Equity | 10/15 | €7,615 | €24,559 | +€16,945 | +223% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,734 | €7,734 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,734 | €7,734 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,119 | -€3,175 | +€16,945 | +84.2% |
| Amounts payable | 17/49 | €199,598 | €175,320 | -€24,278 | -12.2% |
| Amounts payable after more than one year | 17 | €68,877 | €46,262 | -€22,615 | -32.8% |
| Financial debts | 170/4 | €68,877 | €46,262 | -€22,615 | -32.8% |
| Amounts payable within one year | 42/48 | €128,862 | €129,057 | +€196 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €21,665 | €24,118 | +€2,453 | +11.3% |
| Trade debts | 44 | €69,341 | €17,162 | -€52,179 | -75.2% |
| Suppliers | 440/4 | €69,341 | €17,162 | -€52,179 | -75.2% |
| Taxes, remuneration and social security | 45 | €25,756 | €36,802 | +€11,045 | +42.9% |
| Taxes | 450/3 | €4,195 | €4,602 | +€407 | +9.7% |
| Remuneration and social security | 454/9 | €21,562 | €32,200 | +€10,638 | +49.3% |
| Other amounts payable | 47/48 | €12,099 | €50,976 | +€38,877 | +321% |
| Accrued charges and deferred income | 492/3 | €1,859 | €0 | -€1,859 | -100% |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €46,180 | €40,626 | -€5,555 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,770 | €38,895 | +€9,125 | +30.7% |
| Other operating charges | 640/8 | €9,880 | €10,009 | +€129 | +1.3% |
| Gross operating margin | 9900 | -€1,392 | €94,618 | +€96,010 | |
| Operating profit (loss) | 9901 | -€87,223 | €5,088 | +€92,311 | |
| Financial income | 75/76B | €19,914 | €16,801 | -€3,112 | -15.6% |
| Recurring financial income | 75 | €19,914 | €16,801 | -€3,112 | -15.6% |
| Financial charges | 65/66B | €4,192 | €4,605 | +€413 | +9.8% |
| Recurring financial charges | 65 | €4,192 | €4,605 | +€413 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€71,501 | €17,285 | +€88,786 | |
| Income taxes | 67/77 | €381 | €340 | -€41 | -10.7% |
| Profit (loss) for the period | 9904 | -€71,882 | €16,945 | +€88,826 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,882 | €16,945 | +€88,826 |
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 20 October 2026 via checked.be.