CUISINES EXEL: 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.
CUISINES EXEL
Largest movements
- Cash +€28,380
up €28,380 (+7,951%), from €357 to €28,736
mainly Advances received (+€277,675) and Accrued charges and deferred income (+€15,167)
- Tangible fixed assets -€14,536
down €14,536 (-4.5%), from €325,993 to €311,457
of which Other tangible fixed assets: -€13,284
- Current investments -€10,131
down €10,131 (-99.9%), from €10,145 to €14
- Advances received +€277,675
up €277,675 (+358%), from €77,606 to €355,281
- Trade debts -€245,682
down €245,682 (-52.9%), from €464,255 to €218,573
- Other debts -€53,481
down €53,481 (-87.0%), from €61,442 to €7,961
- Accrued charges and deferred income +€15,167
new in 2025: €15,167
- Profit (loss) carried forward +€12,599
up €12,599, from -€3,677 to €8,921
- Gross operating margin +€43,643
up €43,643 (+642%), from €6,799 to €50,442
- Staff costs +€21,207
new in 2025: €21,207
- Depreciation +€4,423
up €4,423 (+43.7%), from €10,113 to €14,536
- Taxes +€3,766
up €3,766 (+1,305%), from €289 to €4,055
- Financial charges +€2,023
up €2,023 (+41.1%), from €4,925 to €6,948
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 | €809,901 | €820,466 | +€10,566 | +1.3% |
| Fixed assets | 21/28 | €537,043 | €522,507 | -€14,536 | -2.7% |
| Tangible fixed assets | 22/27 | €325,993 | €311,457 | -€14,536 | -4.5% |
| Plant, machinery and equipment | 23 | €752 | €0 | -€752 | -100% |
| Furniture and vehicles | 24 | €2,204 | €1,704 | -€500 | -22.7% |
| Other tangible fixed assets | 26 | €323,038 | €309,753 | -€13,284 | -4.1% |
| Financial fixed assets | 28 | €211,050 | €211,050 | = | 0.0% |
| Current assets | 29/58 | €272,858 | €297,959 | +€25,102 | +9.2% |
| Stocks and contracts in progress | 3 | €61,265 | €68,452 | +€7,187 | +11.7% |
| Stocks | 30/36 | €61,265 | €68,452 | +€7,187 | +11.7% |
| Amounts receivable within one year | 40/41 | €201,090 | €200,757 | -€333 | -0.2% |
| Trade receivables | 40 | €201,090 | €200,757 | -€333 | -0.2% |
| Current investments | 50/53 | €10,145 | €14 | -€10,131 | -99.9% |
| Cash at bank and in hand | 54/58 | €357 | €28,736 | +€28,380 | +7,951% |
| Total equity and liabilities | 10/49 | €809,901 | €820,466 | +€10,566 | +1.3% |
| Equity | 10/15 | €36,323 | €48,921 | +€12,599 | +34.7% |
| Contributions | 10/11 | €38,000 | €38,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,677 | €8,921 | +€12,599 | |
| Amounts payable | 17/49 | €773,578 | €771,545 | -€2,033 | -0.3% |
| Amounts payable after more than one year | 17 | €153,360 | €145,123 | -€8,237 | -5.4% |
| Financial debts | 170/4 | €153,360 | €145,123 | -€8,237 | -5.4% |
| Amounts payable within one year | 42/48 | €620,218 | €611,255 | -€8,963 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €6,640 | €8,237 | +€1,597 | +24.1% |
| Trade debts | 44 | €464,255 | €218,573 | -€245,682 | -52.9% |
| Suppliers | 440/4 | €464,255 | €218,573 | -€245,682 | -52.9% |
| Advances received on contracts in progress | 46 | €77,606 | €355,281 | +€277,675 | +358% |
| Taxes, remuneration and social security | 45 | €10,275 | €21,203 | +€10,928 | +106% |
| Taxes | 450/3 | €6,305 | €12,296 | +€5,990 | +95.0% |
| Remuneration and social security | 454/9 | €3,970 | €8,908 | +€4,938 | +124% |
| Other amounts payable | 47/48 | €61,442 | €7,961 | -€53,481 | -87.0% |
| Accrued charges and deferred income | 492/3 | - | €15,167 | +€15,167 | |
| Remuneration, social security and pensions | 62 | - | €21,207 | +€21,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,113 | €14,536 | +€4,423 | +43.7% |
| Other operating charges | 640/8 | €1,877 | €283 | -€1,593 | -84.9% |
| Gross operating margin | 9900 | €6,799 | €50,442 | +€43,643 | +642% |
| Operating profit (loss) | 9901 | -€5,191 | €14,415 | +€19,606 | |
| Financial income | 75/76B | €9,229 | €9,186 | -€43 | -0.5% |
| Recurring financial income | 75 | €9,229 | €9,186 | -€43 | -0.5% |
| Financial charges | 65/66B | €4,925 | €6,948 | +€2,023 | +41.1% |
| Recurring financial charges | 65 | €4,925 | €6,948 | +€2,023 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | -€887 | €16,654 | +€17,540 | |
| Income taxes | 67/77 | €289 | €4,055 | +€3,766 | +1,305% |
| Profit (loss) for the period | 9904 | -€1,175 | €12,599 | +€13,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,175 | €12,599 | +€13,774 |
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 14 October 2026 via checked.be.