HOME KITCHENS: what changed
HOME KITCHENS
Largest movements
- Receivables within one year +€173,054
up €173,054 (+110%), from €157,889 to €330,944
of which Trade receivables: +€193,054
- Tangible fixed assets -€52,263
down €52,263 (-43.9%), from €118,952 to €66,688
of which Other tangible fixed assets: -€51,693
- Stocks and contracts -€49,249
down €49,249 (-24.3%), from €202,352 to €153,103
- Cash +€26,346
up €26,346 (+135%), from €19,459 to €45,805
mainly Advances received (+€180,861) and Depreciation (+€59,935)
- Advances received +€180,861
up €180,861 (+54.4%), from €332,260 to €513,121
- Trade debts -€93,233
down €93,233 (-84.5%), from €110,399 to €17,165
- Profit (loss) carried forward +€54,907
up €54,907 (+90.4%), from -€60,768 to -€5,861
- Current portion of long-term debt -€51,440
no longer reported in 2025 (was €51,440)
- Tax, wage and social debts +€9,975
up €9,975 (+280%), from €3,565 to €13,540
of which Taxes: +€10,103
- Gross operating margin -€50,031
down €50,031 (-24.7%), from €202,944 to €152,913
- Taxes +€14,899
new in 2025: €14,899
- Staff costs -€7,028
down €7,028 (-10.8%), from €64,776 to €57,748
- Financial income +€3,491
up €3,491 (+10.2%), from €34,088 to €37,579
of which Non-recurring financial income: +€6,161
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,896 | €637,966 | +€101,070 | +18.8% |
| Fixed assets | 21/28 | €143,952 | €91,688 | -€52,263 | -36.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €118,952 | €66,688 | -€52,263 | -43.9% |
| Furniture and vehicles | 24 | €6,213 | €5,642 | -€571 | -9.2% |
| Other tangible fixed assets | 26 | €112,739 | €61,046 | -€51,693 | -45.9% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €392,944 | €546,277 | +€153,333 | +39.0% |
| Stocks and contracts in progress | 3 | €202,352 | €153,103 | -€49,249 | -24.3% |
| Stocks | 30/36 | €202,352 | €153,103 | -€49,249 | -24.3% |
| Amounts receivable within one year | 40/41 | €157,889 | €330,944 | +€173,054 | +110% |
| Trade receivables | 40 | €137,889 | €330,944 | +€193,054 | +140% |
| Other amounts receivable | 41 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €19,459 | €45,805 | +€26,346 | +135% |
| Deferred charges and accrued income | 490/1 | €13,244 | €16,426 | +€3,182 | +24.0% |
| Total equity and liabilities | 10/49 | €536,896 | €637,966 | +€101,070 | +18.8% |
| Equity | 10/15 | €39,232 | €94,139 | +€54,907 | +140% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,768 | -€5,861 | +€54,907 | +90.4% |
| Amounts payable | 17/49 | €497,664 | €543,827 | +€46,162 | +9.3% |
| Amounts payable within one year | 42/48 | €497,664 | €543,827 | +€46,162 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €51,440 | - | -€51,440 | |
| Trade debts | 44 | €110,399 | €17,165 | -€93,233 | -84.5% |
| Suppliers | 440/4 | €110,399 | €17,165 | -€93,233 | -84.5% |
| Advances received on contracts in progress | 46 | €332,260 | €513,121 | +€180,861 | +54.4% |
| Taxes, remuneration and social security | 45 | €3,565 | €13,540 | +€9,975 | +280% |
| Taxes | 450/3 | €3,437 | €13,540 | +€10,103 | +294% |
| Remuneration and social security | 454/9 | €128 | - | -€128 | |
| Remuneration, social security and pensions | 62 | €64,776 | €57,748 | -€7,028 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,628 | €59,935 | +€307 | +0.5% |
| Other operating charges | 640/8 | €1,416 | €1,624 | +€208 | +14.7% |
| Non-recurring operating charges | 66A | €13,688 | - | -€13,688 | |
| Gross operating margin | 9900 | €202,944 | €152,913 | -€50,031 | -24.7% |
| Operating profit (loss) | 9901 | €63,436 | €33,606 | -€29,831 | -47.0% |
| Financial income | 75/76B | €34,088 | €37,579 | +€3,491 | +10.2% |
| Recurring financial income | 75 | €34,088 | €31,418 | -€2,670 | -7.8% |
| Non-recurring financial income | 76B | - | €6,161 | +€6,161 | |
| Financial charges | 65/66B | €2,276 | €1,379 | -€897 | -39.4% |
| Recurring financial charges | 65 | €2,276 | €1,379 | -€897 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €95,249 | €69,806 | -€25,442 | -26.7% |
| Income taxes | 67/77 | - | €14,899 | +€14,899 | |
| Profit (loss) for the period | 9904 | €95,249 | €54,907 | -€40,342 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,249 | €54,907 | -€40,342 | -42.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.