KETCHUP GENT: 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.
KETCHUP GENT
Largest movements
- Intangible fixed assets -€17,504
down €17,504 (-26.7%), from €65,490 to €47,986
- Receivables within one year -€7,391
down €7,391 (-82.3%), from €8,982 to €1,590
of which Trade receivables: -€7,791
- Cash -€3,668
down €3,668 (-24.0%), from €15,253 to €11,586
mainly Debts after one year (-€13,608) and Trade debts (-€10,175)
- Stocks and contracts +€1,300
up €1,300 (+43.3%), from €3,000 to €4,300
- Tangible fixed assets -€993
down €993 (-34.7%), from €2,863 to €1,870
- Debts after one year -€13,608
down €13,608 (-31.8%), from €42,837 to €29,228
- Trade debts -€10,175
down €10,175 (-69.2%), from €14,701 to €4,526
- Profit (loss) carried forward -€7,448
down €7,448 (-665%), from -€1,119 to -€8,567
- Other debts +€2,738
up €2,738 (+343%), from €799 to €3,537
- Turnover -€40,423
down €40,423 (-16.8%), from €240,112 to €199,689
- Purchases and services -€26,380
down €26,380 (-12.4%), from €213,220 to €186,840
- Gross operating margin -€13,604
down €13,604 (-46.1%), from €29,493 to €15,889
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 | €96,096 | €67,332 | -€28,764 | -29.9% |
| Fixed assets | 21/28 | €68,353 | €49,857 | -€18,496 | -27.1% |
| Intangible fixed assets | 21 | €65,490 | €47,986 | -€17,504 | -26.7% |
| Tangible fixed assets | 22/27 | €2,863 | €1,870 | -€993 | -34.7% |
| Plant, machinery and equipment | 23 | €2,863 | €1,870 | -€993 | -34.7% |
| Current assets | 29/58 | €27,743 | €17,476 | -€10,267 | -37.0% |
| Stocks and contracts in progress | 3 | €3,000 | €4,300 | +€1,300 | +43.3% |
| Stocks | 30/36 | €3,000 | €4,300 | +€1,300 | +43.3% |
| Amounts receivable within one year | 40/41 | €8,982 | €1,590 | -€7,391 | -82.3% |
| Trade receivables | 40 | €8,246 | €455 | -€7,791 | -94.5% |
| Other amounts receivable | 41 | €736 | €1,136 | +€400 | +54.3% |
| Cash at bank and in hand | 54/58 | €15,253 | €11,586 | -€3,668 | -24.0% |
| Deferred charges and accrued income | 490/1 | €508 | - | -€508 | |
| Total equity and liabilities | 10/49 | €96,096 | €67,332 | -€28,764 | -29.9% |
| Equity | 10/15 | €23,881 | €16,433 | -€7,448 | -31.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,119 | -€8,567 | -€7,448 | -665% |
| Amounts payable | 17/49 | €72,215 | €50,900 | -€21,316 | -29.5% |
| Amounts payable after more than one year | 17 | €42,837 | €29,228 | -€13,608 | -31.8% |
| Financial debts | 170/4 | €42,837 | €29,228 | -€13,608 | -31.8% |
| Amounts payable within one year | 42/48 | €29,379 | €21,671 | -€7,707 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €12,979 | €13,608 | +€629 | +4.8% |
| Trade debts | 44 | €14,701 | €4,526 | -€10,175 | -69.2% |
| Suppliers | 440/4 | €14,701 | €4,526 | -€10,175 | -69.2% |
| Taxes, remuneration and social security | 45 | €900 | - | -€900 | |
| Taxes | 450/3 | €900 | - | -€900 | |
| Other amounts payable | 47/48 | €799 | €3,537 | +€2,738 | +343% |
| Turnover | 70 | €240,112 | €199,689 | -€40,423 | -16.8% |
| Non-recurring operating income | 76A | €1,018 | €640 | -€377 | -37.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €213,220 | €186,840 | -€26,380 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,514 | €18,496 | -€18 | -0.1% |
| Other operating charges | 640/8 | - | €932 | +€932 | |
| Non-recurring operating charges | 66A | €1,055 | €508 | -€547 | -51.8% |
| Gross operating margin | 9900 | €29,493 | €15,889 | -€13,604 | -46.1% |
| Operating profit (loss) | 9901 | €9,924 | -€4,047 | -€13,971 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,425 | €3,401 | -€24 | -0.7% |
| Recurring financial charges | 65 | €3,425 | €3,401 | -€24 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €6,499 | -€7,448 | -€13,947 | |
| Profit (loss) for the period | 9904 | €6,499 | -€7,448 | -€13,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,499 | -€7,448 | -€13,947 |
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 26 October 2026 via checked.be.