GOOD VIBES 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.
GOOD VIBES KITCHEN
Largest movements
- Receivables within one year +€232,221
up €232,221 (+110%), from €211,233 to €443,454
of which Trade receivables: +€230,432
- Cash +€167,715
up €167,715 (+83.3%), from €201,391 to €369,106
mainly Advances received (+€276,300) and Net result for the year (+€124,012)
- Stocks and contracts +€68,862
up €68,862 (+75.5%), from €91,233 to €160,094
- Advances received +€276,300
up €276,300 (+78.2%), from €353,331 to €629,631
- Profit (loss) carried forward +€124,012
up €124,012, from -€93,216 to €30,796
- Trade debts +€85,552
up €85,552 (+178%), from €47,962 to €133,514
- Debts after one year -€66,330
down €66,330 (-22.7%), from €292,077 to €225,747
- Tax, wage and social debts +€38,272
up €38,272 (+122%), from €31,261 to €69,533
of which Remuneration and social security: +€20,152
- Gross operating margin +€65,559
up €65,559 (+26.4%), from €247,872 to €313,431
- Staff costs +€51,091
up €51,091 (+39.6%), from €129,180 to €180,272
- Financial income +€29,089
up €29,089 (+104%), from €27,909 to €56,998
of which Financial income: +€27,020
- Taxes +€6,000
new in 2025: €6,000
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 | €846,399 | €1,293,145 | +€446,745 | +52.8% |
| Fixed assets | 21/28 | €318,182 | €296,735 | -€21,447 | -6.7% |
| Intangible fixed assets | 21 | €17,528 | €4,861 | -€12,667 | -72.3% |
| Tangible fixed assets | 22/27 | €300,372 | €291,592 | -€8,780 | -2.9% |
| Plant, machinery and equipment | 23 | €812 | €325 | -€487 | -60.0% |
| Furniture and vehicles | 24 | €17,820 | €26,596 | +€8,776 | +49.3% |
| Other tangible fixed assets | 26 | €281,740 | €264,671 | -€17,069 | -6.1% |
| Financial fixed assets | 28 | €282 | €282 | = | 0.0% |
| Current assets | 29/58 | €528,218 | €996,410 | +€468,192 | +88.6% |
| Stocks and contracts in progress | 3 | €91,233 | €160,094 | +€68,862 | +75.5% |
| Stocks | 30/36 | €91,233 | €160,094 | +€68,862 | +75.5% |
| Amounts receivable within one year | 40/41 | €211,233 | €443,454 | +€232,221 | +110% |
| Trade receivables | 40 | €208,029 | €438,461 | +€230,432 | +111% |
| Other amounts receivable | 41 | €3,205 | €4,993 | +€1,789 | +55.8% |
| Cash at bank and in hand | 54/58 | €201,391 | €369,106 | +€167,715 | +83.3% |
| Deferred charges and accrued income | 490/1 | €24,361 | €23,756 | -€605 | -2.5% |
| Total equity and liabilities | 10/49 | €846,399 | €1,293,145 | +€446,745 | +52.8% |
| Equity | 10/15 | €6,784 | €130,796 | +€124,012 | +1,828% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,216 | €30,796 | +€124,012 | |
| Amounts payable | 17/49 | €839,615 | €1,162,348 | +€322,733 | +38.4% |
| Amounts payable after more than one year | 17 | €292,077 | €225,747 | -€66,330 | -22.7% |
| Financial debts | 170/4 | €292,077 | €225,747 | -€66,330 | -22.7% |
| Amounts payable within one year | 42/48 | €504,975 | €922,128 | +€417,153 | +82.6% |
| Current portion of amounts payable after more than one year | 42 | €64,086 | €66,330 | +€2,244 | +3.5% |
| Trade debts | 44 | €47,962 | €133,514 | +€85,552 | +178% |
| Suppliers | 440/4 | €47,962 | €133,514 | +€85,552 | +178% |
| Advances received on contracts in progress | 46 | €353,331 | €629,631 | +€276,300 | +78.2% |
| Taxes, remuneration and social security | 45 | €31,261 | €69,533 | +€38,272 | +122% |
| Taxes | 450/3 | €6,399 | €24,519 | +€18,120 | +283% |
| Remuneration and social security | 454/9 | €24,862 | €45,014 | +€20,152 | +81.1% |
| Other amounts payable | 47/48 | €8,336 | €23,120 | +€14,784 | +177% |
| Accrued charges and deferred income | 492/3 | €42,563 | €14,473 | -€28,090 | -66.0% |
| Remuneration, social security and pensions | 62 | €129,180 | €180,272 | +€51,091 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,593 | €40,524 | +€931 | +2.4% |
| Other operating charges | 640/8 | €2,337 | €2,655 | +€318 | +13.6% |
| Non-recurring operating charges | 66A | €817 | €500 | -€317 | -38.8% |
| Gross operating margin | 9900 | €247,872 | €313,431 | +€65,559 | +26.4% |
| Operating profit (loss) | 9901 | €75,945 | €89,479 | +€13,534 | +17.8% |
| Financial income | 75/76B | €27,909 | €56,998 | +€29,089 | +104% |
| Recurring financial income | 75 | €27,909 | €54,928 | +€27,020 | +96.8% |
| Non-recurring financial income | 76B | - | €2,069 | +€2,069 | |
| Financial charges | 65/66B | €18,592 | €16,465 | -€2,127 | -11.4% |
| Recurring financial charges | 65 | €18,592 | €16,465 | -€2,127 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €85,262 | €130,012 | +€44,751 | +52.5% |
| Income taxes | 67/77 | - | €6,000 | +€6,000 | |
| Profit (loss) for the period | 9904 | €85,262 | €124,012 | +€38,751 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,262 | €124,012 | +€38,751 | +45.4% |
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 22 October 2026 via checked.be.