K FOOD: 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.
K FOOD
Largest movements
- Cash -€18,317
down €18,317 (-84.9%), from €21,571 to €3,254
mainly Other debts (-€19,779) and Debts after one year (-€19,488)
- Receivables within one year +€11,561
up €11,561 (+138%), from €8,398 to €19,959
of which Trade receivables: +€9,661
- Tangible fixed assets -€10,276
down €10,276 (-27.8%), from €36,966 to €26,690
- Other debts -€19,779
down €19,779 (-99.0%), from €19,988 to €209
- Trade debts +€19,600
up €19,600 (+536%), from €3,655 to €23,255
- Debts after one year -€19,488
down €19,488 (-36.9%), from €52,809 to €33,321
- Reserves +€2,569
up €2,569 (+14.2%), from €18,037 to €20,606
- Gross operating margin -€27,647
down €27,647 (-55.6%), from €49,712 to €22,065
- Financial charges -€5,560
down €5,560 (-59.5%), from €9,344 to €3,784
- Depreciation -€4,138
down €4,138 (-28.7%), from €14,414 to €10,276
- Other operating charges -€1,274
down €1,274 (-39.6%), from €3,217 to €1,943
- Taxes -€1,207
down €1,207 (-25.7%), from €4,700 to €3,493
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 | €129,435 | €112,403 | -€17,032 | -13.2% |
| Fixed assets | 21/28 | €99,466 | €89,190 | -€10,276 | -10.3% |
| Tangible fixed assets | 22/27 | €36,966 | €26,690 | -€10,276 | -27.8% |
| Leasing and similar rights | 25 | €36,966 | €26,690 | -€10,276 | -27.8% |
| Financial fixed assets | 28 | €62,500 | €62,500 | = | 0.0% |
| Current assets | 29/58 | €29,969 | €23,213 | -€6,756 | -22.5% |
| Amounts receivable within one year | 40/41 | €8,398 | €19,959 | +€11,561 | +138% |
| Trade receivables | 40 | €8,398 | €18,059 | +€9,661 | +115% |
| Other amounts receivable | 41 | - | €1,900 | +€1,900 | |
| Cash at bank and in hand | 54/58 | €21,571 | €3,254 | -€18,317 | -84.9% |
| Total equity and liabilities | 10/49 | €129,435 | €112,403 | -€17,032 | -13.2% |
| Equity | 10/15 | €23,037 | €25,606 | +€2,569 | +11.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,037 | €20,606 | +€2,569 | +14.2% |
| Distributable reserves | 133 | €18,037 | €20,606 | +€2,569 | +14.2% |
| Amounts payable | 17/49 | €106,398 | €86,797 | -€19,601 | -18.4% |
| Amounts payable after more than one year | 17 | €52,809 | €33,321 | -€19,488 | -36.9% |
| Financial debts | 170/4 | €52,809 | €33,321 | -€19,488 | -36.9% |
| Amounts payable within one year | 42/48 | €51,675 | €52,768 | +€1,093 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €19,459 | €20,306 | +€847 | +4.4% |
| Trade debts | 44 | €3,655 | €23,255 | +€19,600 | +536% |
| Suppliers | 440/4 | €3,655 | €23,255 | +€19,600 | +536% |
| Taxes, remuneration and social security | 45 | €8,573 | €8,998 | +€425 | +5.0% |
| Taxes | 450/3 | €8,573 | €8,998 | +€425 | +5.0% |
| Other amounts payable | 47/48 | €19,988 | €209 | -€19,779 | -99.0% |
| Accrued charges and deferred income | 492/3 | €1,914 | €708 | -€1,206 | -63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,414 | €10,276 | -€4,138 | -28.7% |
| Other operating charges | 640/8 | €3,217 | €1,943 | -€1,274 | -39.6% |
| Gross operating margin | 9900 | €49,712 | €22,065 | -€27,647 | -55.6% |
| Operating profit (loss) | 9901 | €32,081 | €9,846 | -€22,235 | -69.3% |
| Financial charges | 65/66B | €9,344 | €3,784 | -€5,560 | -59.5% |
| Recurring financial charges | 65 | €9,344 | €3,784 | -€5,560 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €22,737 | €6,062 | -€16,675 | -73.3% |
| Income taxes | 67/77 | €4,700 | €3,493 | -€1,207 | -25.7% |
| Profit (loss) for the period | 9904 | €18,037 | €2,569 | -€15,468 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,037 | €2,569 | -€15,468 | -85.8% |
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 27 October 2026 via checked.be.