IN THE 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.
IN THE KITCHEN
Largest movements
- Receivables within one year +€161,713
up €161,713 (+496%), from €32,575 to €194,288
of which Trade receivables: +€192,288
- Cash +€12,012
up €12,012 (+146%), from €8,247 to €20,259
mainly Net result for the year (+€107,748) and Trade debts (+€41,570)
- Tangible fixed assets +€11,234
up €11,234 (+189%), from €5,936 to €17,170
- Profit (loss) carried forward +€107,748
up €107,748, from -€79,909 to €27,839
- Trade debts +€41,570
up €41,570 (+30.0%), from €138,676 to €180,246
- Tax, wage and social debts +€37,766
new in 2025: €37,766
- Gross operating margin +€191,237
up €191,237 (+125%), from €153,448 to €344,685
- Staff costs +€90,486
up €90,486 (+66.5%), from €136,019 to €226,505
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 | €60,768 | €247,852 | +€187,084 | +308% |
| Fixed assets | 21/28 | €5,936 | €17,170 | +€11,234 | +189% |
| Tangible fixed assets | 22/27 | €5,936 | €17,170 | +€11,234 | +189% |
| Plant, machinery and equipment | 23 | €5,936 | €17,170 | +€11,234 | +189% |
| Current assets | 29/58 | €54,832 | €230,682 | +€175,850 | +321% |
| Stocks and contracts in progress | 3 | €14,010 | €16,135 | +€2,125 | +15.2% |
| Stocks | 30/36 | €14,010 | €16,135 | +€2,125 | +15.2% |
| Amounts receivable within one year | 40/41 | €32,575 | €194,288 | +€161,713 | +496% |
| Trade receivables | 40 | - | €192,288 | +€192,288 | |
| Other amounts receivable | 41 | €32,575 | €2,000 | -€30,575 | -93.9% |
| Cash at bank and in hand | 54/58 | €8,247 | €20,259 | +€12,012 | +146% |
| Total equity and liabilities | 10/49 | €60,768 | €247,852 | +€187,084 | +308% |
| Equity | 10/15 | -€77,909 | €29,839 | +€107,748 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,909 | €27,839 | +€107,748 | |
| Amounts payable | 17/49 | €138,676 | €218,013 | +€79,336 | +57.2% |
| Amounts payable within one year | 42/48 | €138,676 | €218,013 | +€79,336 | +57.2% |
| Trade debts | 44 | €138,676 | €180,246 | +€41,570 | +30.0% |
| Suppliers | 440/4 | €138,676 | €180,246 | +€41,570 | +30.0% |
| Taxes, remuneration and social security | 45 | - | €37,766 | +€37,766 | |
| Taxes | 450/3 | - | €37,766 | +€37,766 | |
| Remuneration, social security and pensions | 62 | €136,019 | €226,505 | +€90,486 | +66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €540 | €1,281 | +€741 | +137% |
| Other operating charges | 640/8 | €1,302 | €997 | -€305 | -23.5% |
| Gross operating margin | 9900 | €153,448 | €344,685 | +€191,237 | +125% |
| Operating profit (loss) | 9901 | €15,586 | €115,901 | +€100,315 | +644% |
| Financial charges | 65/66B | €5,733 | €8,153 | +€2,421 | +42.2% |
| Recurring financial charges | 65 | €5,733 | €8,153 | +€2,421 | +42.2% |
| Profit (loss) for the period before taxes | 9903 | €9,854 | €107,748 | +€97,895 | +993% |
| Profit (loss) for the period | 9904 | €9,854 | €107,748 | +€97,895 | +993% |
| Profit (loss) for the period to be appropriated | 9905 | €9,854 | €107,748 | +€97,895 | +993% |
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 18 October 2026 via checked.be.