CULINARIO: 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.
CULINARIO
Largest movements
- Cash +€107,200
up €107,200 (+181.1%), from €59,182 to €166,381
mainly Current investments (+€76,000) and Net result for the year (+€48,172)
- Current investments -€76,000
down €76,000 (-70.4%), from €108,000 to €32,000
- Receivables within one year +€22,000
up €22,000 (+71.4%), from €30,811 to €52,811
of which Trade receivables: +€22,000
- Deferred charges and accrued income -€4,581
down €4,581 (-53.9%), from €8,502 to €3,921
- Tangible fixed assets +€4,280
up €4,280 (+30.1%), from €14,220 to €18,501
of which Plant, machinery and equipment: +€2,318
- Reserves +€48,000
up €48,000 (+30.8%), from €155,860 to €203,860
- Tax, wage and social debts +€12,319
up €12,319 (+260.4%), from €4,730 to €17,049
of which Taxes: +€11,472
- Other debts -€7,091
down €7,091 (-45.1%), from €15,727 to €8,635
- Gross operating margin +€29,537
up €29,537 (+56.1%), from €52,645 to €82,183
- Staff costs +€8,426
up €8,426 (+824.7%), from €1,022 to €9,448
- Taxes +€6,025
up €6,025 (+46.3%), from €13,022 to €19,047
- Depreciation +€2,683
up €2,683 (+133.3%), from €2,012 to €4,695
- Financial income +€967
up €967 (+42.0%), from €2,302 to €3,269
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.
Cash bridge derived
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 | €220,716 | €273,615 | +€52,899 | +24.0% |
| Fixed assets | 21/28 | €14,220 | €18,501 | +€4,280 | +30.1% |
| Tangible fixed assets | 22/27 | €14,220 | €18,501 | +€4,280 | +30.1% |
| Plant, machinery and equipment | 23 | €14,026 | €16,344 | +€2,318 | +16.5% |
| Furniture and vehicles | 24 | €194 | €2,157 | +€1,963 | +1010.5% |
| Current assets | 29/58 | €206,495 | €255,114 | +€48,619 | +23.5% |
| Amounts receivable within one year | 40/41 | €30,811 | €52,811 | +€22,000 | +71.4% |
| Trade receivables | 40 | €26,911 | €48,911 | +€22,000 | +81.7% |
| Other amounts receivable | 41 | €3,900 | €3,900 | = | 0.0% |
| Current investments | 50/53 | €108,000 | €32,000 | -€76,000 | -70.4% |
| Cash at bank and in hand | 54/58 | €59,182 | €166,381 | +€107,200 | +181.1% |
| Deferred charges and accrued income | 490/1 | €8,502 | €3,921 | -€4,581 | -53.9% |
| Total equity and liabilities | 10/49 | €220,716 | €273,615 | +€52,899 | +24.0% |
| Equity | 10/15 | €187,904 | €236,076 | +€48,172 | +25.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €155,860 | €203,860 | +€48,000 | +30.8% |
| Distributable reserves | 133 | €155,860 | €203,860 | +€48,000 | +30.8% |
| Profit (loss) carried forward | 14 | €19,644 | €19,816 | +€172 | +0.9% |
| Amounts payable | 17/49 | €32,812 | €37,539 | +€4,727 | +14.4% |
| Amounts payable within one year | 42/48 | €32,812 | €36,450 | +€3,638 | +11.1% |
| Trade debts | 44 | €12,355 | €10,765 | -€1,590 | -12.9% |
| Suppliers | 440/4 | €12,355 | €10,765 | -€1,590 | -12.9% |
| Taxes, remuneration and social security | 45 | €4,730 | €17,049 | +€12,319 | +260.4% |
| Taxes | 450/3 | €3,981 | €15,453 | +€11,472 | +288.2% |
| Remuneration and social security | 454/9 | €749 | €1,597 | +€847 | +113.1% |
| Other amounts payable | 47/48 | €15,727 | €8,635 | -€7,091 | -45.1% |
| Accrued charges and deferred income | 492/3 | - | €1,089 | +€1,089 | |
| Remuneration, social security and pensions | 62 | €1,022 | €9,448 | +€8,426 | +824.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,012 | €4,695 | +€2,683 | +133.3% |
| Other operating charges | 640/8 | €1,073 | €1,843 | +€770 | +71.8% |
| Gross operating margin | 9900 | €52,645 | €82,183 | +€29,537 | +56.1% |
| Operating profit (loss) | 9901 | €48,539 | €66,198 | +€17,659 | +36.4% |
| Financial income | 75/76B | €2,302 | €3,269 | +€967 | +42.0% |
| Recurring financial income | 75 | €2,302 | €3,269 | +€967 | +42.0% |
| Financial charges | 65/66B | €2,865 | €2,247 | -€617 | -21.5% |
| Recurring financial charges | 65 | €2,865 | €2,247 | -€617 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €47,976 | €67,219 | +€19,243 | +40.1% |
| Income taxes | 67/77 | €13,022 | €19,047 | +€6,025 | +46.3% |
| Profit (loss) for the period | 9904 | €34,954 | €48,172 | +€13,218 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,954 | €48,172 | +€13,218 | +37.8% |
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 12 October 2026 via checked.be.