Finesse Kitchen: 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.
Finesse Kitchen
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€68,419
up €68,419 (+275%), from €24,883 to €93,302
mainly Current investments (+€100,000) and Net result for the year (+€12,030)
- Tangible fixed assets -€7,296
down €7,296 (-34.7%), from €21,017 to €13,721
of which Furniture and vehicles: -€4,153
- Receivables within one year -€2,706
down €2,706 (-13.6%), from €19,863 to €17,157
of which Other amounts receivable: -€4,518
- Deferred charges and accrued income -€1,956
down €1,956 (-75.5%), from €2,590 to €634
- Reserves -€45,683
down €45,683 (-32.5%), from €140,590 to €94,908
- Profit (loss) carried forward +€12,030
new in 2025: €12,030
- Tax, wage and social debts -€8,727
down €8,727 (-72.1%), from €12,104 to €3,377
of which Taxes: -€8,836
- Financial income -€2,799
down €2,799 (-98.3%), from €2,846 to €48
- Depreciation -€2,771
down €2,771 (-27.5%), from €10,067 to €7,296
- Staff costs -€1,533
down €1,533 (-17.4%), from €8,787 to €7,254
- Other operating charges +€794
up €794 (+226%), from €351 to €1,145
- Taxes -€589
down €589 (-12.8%), from €4,617 to €4,028
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 | €168,353 | €124,815 | -€43,539 | -25.9% |
| Fixed assets | 21/28 | €21,017 | €13,721 | -€7,296 | -34.7% |
| Tangible fixed assets | 22/27 | €21,017 | €13,721 | -€7,296 | -34.7% |
| Plant, machinery and equipment | 23 | €8,040 | €4,897 | -€3,142 | -39.1% |
| Furniture and vehicles | 24 | €12,977 | €8,824 | -€4,153 | -32.0% |
| Current assets | 29/58 | €147,336 | €111,094 | -€36,243 | -24.6% |
| Amounts receivable within one year | 40/41 | €19,863 | €17,157 | -€2,706 | -13.6% |
| Trade receivables | 40 | €12,669 | €14,481 | +€1,812 | +14.3% |
| Other amounts receivable | 41 | €7,194 | €2,676 | -€4,518 | -62.8% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €24,883 | €93,302 | +€68,419 | +275% |
| Deferred charges and accrued income | 490/1 | €2,590 | €634 | -€1,956 | -75.5% |
| Total equity and liabilities | 10/49 | €168,353 | €124,815 | -€43,539 | -25.9% |
| Equity | 10/15 | €140,790 | €107,137 | -€33,653 | -23.9% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €140,590 | €94,908 | -€45,683 | -32.5% |
| Distributable reserves | 133 | €140,590 | €94,908 | -€45,683 | -32.5% |
| Profit (loss) carried forward | 14 | - | €12,030 | +€12,030 | |
| Amounts payable | 17/49 | €27,563 | €17,677 | -€9,885 | -35.9% |
| Amounts payable within one year | 42/48 | €27,563 | €17,677 | -€9,885 | -35.9% |
| Trade debts | 44 | €13,124 | €13,067 | -€56 | -0.4% |
| Suppliers | 440/4 | €13,124 | €13,067 | -€56 | -0.4% |
| Taxes, remuneration and social security | 45 | €12,104 | €3,377 | -€8,727 | -72.1% |
| Taxes | 450/3 | €8,837 | €1 | -€8,836 | -100.0% |
| Remuneration and social security | 454/9 | €3,267 | €3,376 | +€109 | +3.3% |
| Other amounts payable | 47/48 | €2,335 | €1,233 | -€1,102 | -47.2% |
| Non-recurring operating income | 76A | €22 | - | -€22 | |
| Remuneration, social security and pensions | 62 | €8,787 | €7,254 | -€1,533 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,067 | €7,296 | -€2,771 | -27.5% |
| Other operating charges | 640/8 | €351 | €1,145 | +€794 | +226% |
| Gross operating margin | 9900 | €31,443 | €31,781 | +€338 | +1.1% |
| Operating profit (loss) | 9901 | €12,238 | €16,086 | +€3,848 | +31.4% |
| Financial income | 75/76B | €2,846 | €48 | -€2,799 | -98.3% |
| Recurring financial income | 75 | €2,846 | €48 | -€2,799 | -98.3% |
| Financial charges | 65/66B | €133 | €76 | -€57 | -42.7% |
| Recurring financial charges | 65 | €133 | €76 | -€57 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €14,952 | €16,058 | +€1,105 | +7.4% |
| Income taxes | 67/77 | €4,617 | €4,028 | -€589 | -12.8% |
| Profit (loss) for the period | 9904 | €10,335 | €12,030 | +€1,695 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,335 | €12,030 | +€1,695 | +16.4% |
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 15 October 2026 via checked.be.