Ghost Kitchen Project: 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.
Ghost Kitchen Project
Largest movements
- Receivables within one year -€27,914
down €27,914 (-99.9%), from €27,950 to €36
of which Trade receivables: -€26,950
- Cash +€17,749
up €17,749 (+242%), from €7,329 to €25,078
mainly Receivables within one year (+€27,914) and Net result for the year (+€18,122)
- Other debts -€27,396
down €27,396 (-92.3%), from €29,689 to €2,294
- Profit (loss) carried forward +€18,122
up €18,122 (+47.3%), from -€38,332 to -€20,211
- Trade debts -€6,935
down €6,935 (-21.4%), from €32,435 to €25,500
- Tax, wage and social debts +€6,044
up €6,044 (+290%), from €2,087 to €8,130
- Taxes -€41,288
down €41,288 (-85.9%), from €48,038 to €6,750
- Gross operating margin +€14,179
up €14,179 (+131%), from €10,812 to €24,991
- Turnover +€7,320
up €7,320 (+7.1%), from €102,901 to €110,221
- Purchases and services -€6,858
down €6,858 (-7.4%), from €92,089 to €85,230
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 | €50,878 | €40,713 | -€10,165 | -20.0% |
| Fixed assets | 21/28 | €15,600 | €15,600 | = | 0.0% |
| Financial fixed assets | 28 | €15,600 | €15,600 | = | 0.0% |
| Current assets | 29/58 | €35,278 | €25,113 | -€10,165 | -28.8% |
| Amounts receivable within one year | 40/41 | €27,950 | €36 | -€27,914 | -99.9% |
| Trade receivables | 40 | €26,950 | - | -€26,950 | |
| Other amounts receivable | 41 | €1,000 | €36 | -€964 | -96.4% |
| Cash at bank and in hand | 54/58 | €7,329 | €25,078 | +€17,749 | +242% |
| Total equity and liabilities | 10/49 | €50,878 | €40,713 | -€10,165 | -20.0% |
| Equity | 10/15 | -€13,332 | €4,789 | +€18,122 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,332 | -€20,211 | +€18,122 | +47.3% |
| Amounts payable | 17/49 | €64,211 | €35,924 | -€28,287 | -44.1% |
| Amounts payable within one year | 42/48 | €64,211 | €35,924 | -€28,287 | -44.1% |
| Trade debts | 44 | €32,435 | €25,500 | -€6,935 | -21.4% |
| Suppliers | 440/4 | €32,435 | €25,500 | -€6,935 | -21.4% |
| Taxes, remuneration and social security | 45 | €2,087 | €8,130 | +€6,044 | +290% |
| Taxes | 450/3 | €2,087 | €8,130 | +€6,044 | +290% |
| Other amounts payable | 47/48 | €29,689 | €2,294 | -€27,396 | -92.3% |
| Turnover | 70 | €102,901 | €110,221 | +€7,320 | +7.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €92,089 | €85,230 | -€6,858 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,032 | - | -€1,032 | |
| Other operating charges | 640/8 | €50 | €58 | +€8 | +16.0% |
| Gross operating margin | 9900 | €10,812 | €24,991 | +€14,179 | +131% |
| Operating profit (loss) | 9901 | €9,730 | €24,933 | +€15,203 | +156% |
| Financial charges | 65/66B | €24 | €62 | +€37 | +154% |
| Recurring financial charges | 65 | €24 | €62 | +€37 | +154% |
| Profit (loss) for the period before taxes | 9903 | €9,706 | €24,872 | +€15,166 | +156% |
| Income taxes | 67/77 | €48,038 | €6,750 | -€41,288 | -85.9% |
| Profit (loss) for the period | 9904 | -€38,332 | €18,122 | +€56,454 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,332 | €18,122 | +€56,454 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.