Culinarte: what changed
What changed
Culinarte
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€31,222
2024 · €45,217-€13,995
Equity
€244,584
2024 · €213,361+€31,222
Cash
€10,780
2024 · €11,329-€550
Balance sheet total
€596,536
2024 · €609,546-€13,011
Largest movements
Assets
- Tangible fixed assets -€24,354
down €24,354 (-4.1%), from €588,694 to €564,340
of which Land and buildings: -€21,017
- Receivables within one year +€11,796
up €11,796 (+124%), from €9,523 to €21,319
of which Trade receivables: +€11,804
Equity and liabilities
- Debts after one year -€55,743
down €55,743 (-20.5%), from €271,950 to €216,206
of which Financial debts: -€30,743
- Profit (loss) carried forward +€31,222
up €31,222 (+59.4%), from €52,555 to €83,777
- Trade debts +€12,977
up €12,977 (+165%), from €7,854 to €20,831
Income statement
- Gross operating margin +€4,539
up €4,539 (+4.9%), from €92,617 to €97,155
- Financial charges -€1,292
down €1,292 (-34.2%), from €3,774 to €2,482
- Taxes -€1,126
down €1,126 (-7.9%), from €14,212 to €13,086
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€45,217
Gross operating margin
+€4,539
Depreciation
-€676
Other operating charges
-€10
Other operating items
-€20,158
Financial income
-€107
Financial charges
+€1,292
Taxes
+€1,126
Result 2025
€31,222
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€55,110
Investment
-€1,404
Financing
-€54,255
Cash 2024
€11,329
From operations (derived)
+€55,110
Net result for the year
+€31,222
Depreciation
+€25,758
Receivables within one year
-€11,796
Deferred charges and accrued income
-€97
Trade debts
+€12,977
Tax, wage and social debts
-€1,615
Other debts
-€1,339
Investment (derived)
-€1,404
Investment in fixed assets (net)
-€1,404
Financing
-€54,255
Debts after one year
-€55,743
Current portion of long-term debt
+€1,488
Cash 2025
€10,780
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €609,546 | €596,536 | -€13,011 | -2.1% |
| Fixed assets | 21/28 | €588,694 | €564,340 | -€24,354 | -4.1% |
| Tangible fixed assets | 22/27 | €588,694 | €564,340 | -€24,354 | -4.1% |
| Land and buildings | 22 | €584,082 | €563,065 | -€21,017 | -3.6% |
| Furniture and vehicles | 24 | €4,611 | €1,275 | -€3,337 | -72.4% |
| Current assets | 29/58 | €20,853 | €32,196 | +€11,343 | +54.4% |
| Amounts receivable within one year | 40/41 | €9,523 | €21,319 | +€11,796 | +124% |
| Trade receivables | 40 | €9,515 | €21,319 | +€11,804 | +124% |
| Other amounts receivable | 41 | €8 | - | -€8 | |
| Cash at bank and in hand | 54/58 | €11,329 | €10,780 | -€550 | -4.9% |
| Deferred charges and accrued income | 490/1 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €609,546 | €596,536 | -€13,011 | -2.1% |
| Equity | 10/15 | €213,361 | €244,584 | +€31,222 | +14.6% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €806 | €806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €806 | €806 | = | 0.0% |
| Reserves not available under the articles | 1311 | €806 | €806 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,555 | €83,777 | +€31,222 | +59.4% |
| Provisions and deferred taxes | 16 | €59,348 | €59,348 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €59,348 | €59,348 | = | 0.0% |
| Pensions and similar obligations | 160 | €59,348 | €59,348 | = | 0.0% |
| Amounts payable | 17/49 | €336,837 | €292,604 | -€44,233 | -13.1% |
| Amounts payable after more than one year | 17 | €271,950 | €216,206 | -€55,743 | -20.5% |
| Financial debts | 170/4 | €176,950 | €146,206 | -€30,743 | -17.4% |
| Other amounts payable | 178/9 | €95,000 | €70,000 | -€25,000 | -26.3% |
| Amounts payable within one year | 42/48 | €64,887 | €76,398 | +€11,510 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €29,794 | €31,282 | +€1,488 | +5.0% |
| Trade debts | 44 | €7,854 | €20,831 | +€12,977 | +165% |
| Suppliers | 440/4 | €7,854 | €20,831 | +€12,977 | +165% |
| Taxes, remuneration and social security | 45 | €21,464 | €19,849 | -€1,615 | -7.5% |
| Taxes | 450/3 | €21,464 | €19,849 | -€1,615 | -7.5% |
| Other amounts payable | 47/48 | €5,775 | €4,436 | -€1,339 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,082 | €25,758 | +€676 | +2.7% |
| Other operating charges | 640/8 | €4,440 | €4,450 | +€10 | +0.2% |
| Non-recurring operating charges | 66A | - | €20,158 | +€20,158 | |
| Gross operating margin | 9900 | €92,617 | €97,155 | +€4,539 | +4.9% |
| Operating profit (loss) | 9901 | €63,095 | €46,790 | -€16,305 | -25.8% |
| Financial income | 75/76B | €107 | - | -€107 | |
| Recurring financial income | 75 | €107 | - | -€107 | |
| Financial charges | 65/66B | €3,774 | €2,482 | -€1,292 | -34.2% |
| Recurring financial charges | 65 | €3,774 | €2,482 | -€1,292 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €59,429 | €44,308 | -€15,120 | -25.4% |
| Income taxes | 67/77 | €14,212 | €13,086 | -€1,126 | -7.9% |
| Profit (loss) for the period | 9904 | €45,217 | €31,222 | -€13,995 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,217 | €31,222 | -€13,995 | -31.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.