HORECA KITCHEN TECHNICS: what changed
Two fiscal 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.
HORECA KITCHEN TECHNICS
Largest movements
- Receivables within one year +€123,172
up €123,172 (+132.9%), from €92,710 to €215,882
of which Trade receivables: +€74,949
- Cash -€34,836
down €34,836 (-80.7%), from €43,169 to €8,332
mainly Receivables within one year (-€123,172) and Investment in fixed assets (net) (-€3,235)
- Tangible fixed assets -€5,784
down €5,784 (-35.9%), from €16,116 to €10,332
of which Plant, machinery and equipment: -€3,806
- Deferred charges and accrued income +€3,139
new in 2025: €3,139
- Reserves +€147,905
up €147,905 (+208.2%), from €71,056 to €218,961
- Profit (loss) carried forward -€65,031
no longer reported in 2025 (was €65,031)
- Trade debts +€3,977
up €3,977 (+14.5%), from €27,522 to €31,500
- Gross operating margin +€16,422
up €16,422 (+16.4%), from €100,039 to €116,461
- Taxes +€5,192
up €5,192 (+28.4%), from €18,307 to €23,499
- Financial income +€3,105
up €3,105 (+214.3%), from €1,449 to €4,555
- Other operating charges +€1,699
up €1,699 (+60.6%), from €2,803 to €4,502
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.
Cash bridge derived
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 | €203,334 | €290,341 | +€87,008 | +42.8% |
| Formation expenses | 20 | €736 | €525 | -€211 | -28.7% |
| Fixed assets | 21/28 | €16,116 | €11,723 | -€4,393 | -27.3% |
| Intangible fixed assets | 21 | - | €1,391 | +€1,391 | |
| Tangible fixed assets | 22/27 | €16,116 | €10,332 | -€5,784 | -35.9% |
| Plant, machinery and equipment | 23 | €11,073 | €7,267 | -€3,806 | -34.4% |
| Furniture and vehicles | 24 | €5,043 | €3,065 | -€1,978 | -39.2% |
| Current assets | 29/58 | €186,482 | €278,094 | +€91,612 | +49.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €603 | €741 | +€137 | +22.8% |
| Stocks | 30/36 | €603 | €741 | +€137 | +22.8% |
| Amounts receivable within one year | 40/41 | €92,710 | €215,882 | +€123,172 | +132.9% |
| Trade receivables | 40 | €59,046 | €133,995 | +€74,949 | +126.9% |
| Other amounts receivable | 41 | €33,664 | €81,887 | +€48,223 | +143.2% |
| Cash at bank and in hand | 54/58 | €43,169 | €8,332 | -€34,836 | -80.7% |
| Deferred charges and accrued income | 490/1 | - | €3,139 | +€3,139 | |
| Total equity and liabilities | 10/49 | €203,334 | €290,341 | +€87,008 | +42.8% |
| Equity | 10/15 | €141,086 | €223,961 | +€82,875 | +58.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,056 | €218,961 | +€147,905 | +208.2% |
| Distributable reserves | 133 | €71,056 | €218,961 | +€147,905 | +208.2% |
| Profit (loss) carried forward | 14 | €65,031 | - | -€65,031 | |
| Amounts payable | 17/49 | €62,247 | €66,380 | +€4,133 | +6.6% |
| Amounts payable within one year | 42/48 | €62,247 | €66,380 | +€4,133 | +6.6% |
| Trade debts | 44 | €27,522 | €31,500 | +€3,977 | +14.5% |
| Suppliers | 440/4 | €27,522 | €31,500 | +€3,977 | +14.5% |
| Taxes, remuneration and social security | 45 | €34,725 | €34,881 | +€156 | +0.4% |
| Taxes | 450/3 | €34,725 | €34,881 | +€156 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,707 | €7,839 | +€1,132 | +16.9% |
| Other operating charges | 640/8 | €2,803 | €4,502 | +€1,699 | +60.6% |
| Gross operating margin | 9900 | €100,039 | €116,461 | +€16,422 | +16.4% |
| Operating profit (loss) | 9901 | €90,529 | €104,120 | +€13,591 | +15.0% |
| Financial income | 75/76B | €1,449 | €4,555 | +€3,105 | +214.3% |
| Recurring financial income | 75 | €1,449 | €4,555 | +€3,105 | +214.3% |
| Financial charges | 65/66B | €2,616 | €2,300 | -€315 | -12.0% |
| Recurring financial charges | 65 | €2,616 | €2,300 | -€315 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €89,363 | €106,374 | +€17,011 | +19.0% |
| Income taxes | 67/77 | €18,307 | €23,499 | +€5,192 | +28.4% |
| Profit (loss) for the period | 9904 | €71,056 | €82,875 | +€11,819 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,056 | €82,875 | +€11,819 | +16.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.