IP KITCHEN: 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.
IP KITCHEN
Largest movements
- Cash -€13,001
down €13,001 (-76.0%), from €17,104 to €4,103
mainly Investment in fixed assets (net) (-€21,687) and Deferred charges and accrued income (-€11,278)
- Tangible fixed assets +€11,870
up €11,870 (+568.8%), from €2,087 to €13,957
of which Plant, machinery and equipment: +€11,944
- Deferred charges and accrued income +€11,278
new in 2025: €11,278
- Financial fixed assets +€5,700
new in 2025: €5,700
- Receivables within one year +€553
up €553 (+11.9%), from €4,631 to €5,184
of which Other amounts receivable: +€3,682
- Tax, wage and social debts +€12,447
up €12,447 (+157.9%), from €7,881 to €20,328
of which Remuneration and social security: +€9,847
- Other debts +€7,869
up €7,869 (+107.4%), from €7,328 to €15,197
- Trade debts -€5,539
down €5,539 (-35.0%), from €15,824 to €10,285
- Accrued charges and deferred income +€1,175
new in 2025: €1,175
- Profit (loss) carried forward +€663
up €663 (+7.4%), from -€8,994 to -€8,331
- Gross operating margin +€7,006
up €7,006 (+10.3%), from €67,717 to €74,723
- Staff costs -€4,393
down €4,393 (-6.1%), from €71,473 to €67,080
- Depreciation +€3,691
up €3,691 (+866.4%), from €426 to €4,117
- Other operating charges -€1,697
down €1,697 (-61.2%), from €2,773 to €1,076
- Taxes +€1,271
up €1,271 (+63550.0%), from €2 to €1,273
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 | €26,039 | €42,654 | +€16,615 | +63.8% |
| Fixed assets | 21/28 | €2,087 | €19,657 | +€17,570 | +841.9% |
| Tangible fixed assets | 22/27 | €2,087 | €13,957 | +€11,870 | +568.8% |
| Plant, machinery and equipment | 23 | €1,117 | €13,061 | +€11,944 | +1069.3% |
| Furniture and vehicles | 24 | €970 | €896 | -€74 | -7.6% |
| Financial fixed assets | 28 | - | €5,700 | +€5,700 | |
| Current assets | 29/58 | €23,952 | €22,997 | -€955 | -4.0% |
| Stocks and contracts in progress | 3 | €2,217 | €2,432 | +€215 | +9.7% |
| Stocks | 30/36 | €2,217 | €2,432 | +€215 | +9.7% |
| Amounts receivable within one year | 40/41 | €4,631 | €5,184 | +€553 | +11.9% |
| Trade receivables | 40 | €3,129 | - | -€3,129 | |
| Other amounts receivable | 41 | €1,502 | €5,184 | +€3,682 | +245.1% |
| Cash at bank and in hand | 54/58 | €17,104 | €4,103 | -€13,001 | -76.0% |
| Deferred charges and accrued income | 490/1 | - | €11,278 | +€11,278 | |
| Total equity and liabilities | 10/49 | €26,039 | €42,654 | +€16,615 | +63.8% |
| Equity | 10/15 | -€4,994 | -€4,331 | +€663 | +13.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,994 | -€8,331 | +€663 | +7.4% |
| Amounts payable | 17/49 | €31,033 | €46,985 | +€15,952 | +51.4% |
| Amounts payable within one year | 42/48 | €31,033 | €45,810 | +€14,777 | +47.6% |
| Trade debts | 44 | €15,824 | €10,285 | -€5,539 | -35.0% |
| Suppliers | 440/4 | €15,824 | €10,285 | -€5,539 | -35.0% |
| Taxes, remuneration and social security | 45 | €7,881 | €20,328 | +€12,447 | +157.9% |
| Taxes | 450/3 | - | €2,600 | +€2,600 | |
| Remuneration and social security | 454/9 | €7,881 | €17,728 | +€9,847 | +124.9% |
| Other amounts payable | 47/48 | €7,328 | €15,197 | +€7,869 | +107.4% |
| Accrued charges and deferred income | 492/3 | - | €1,175 | +€1,175 | |
| Remuneration, social security and pensions | 62 | €71,473 | €67,080 | -€4,393 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426 | €4,117 | +€3,691 | +866.4% |
| Other operating charges | 640/8 | €2,773 | €1,076 | -€1,697 | -61.2% |
| Gross operating margin | 9900 | €67,717 | €74,723 | +€7,006 | +10.3% |
| Operating profit (loss) | 9901 | -€6,955 | €2,450 | +€9,405 | |
| Financial income | 75/76B | €6 | €349 | +€343 | +5716.7% |
| Recurring financial income | 75 | €6 | €349 | +€343 | +5716.7% |
| Financial charges | 65/66B | €2,043 | €863 | -€1,180 | -57.8% |
| Recurring financial charges | 65 | €2,043 | €863 | -€1,180 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,992 | €1,936 | +€10,928 | |
| Income taxes | 67/77 | €2 | €1,273 | +€1,271 | +63550.0% |
| Profit (loss) for the period | 9904 | -€8,994 | €663 | +€9,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,994 | €663 | +€9,657 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.