KITCHEN 13: 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.
KITCHEN 13
Largest movements
- Tangible fixed assets -€62,758
down €62,758 (-96.4%), from €65,110 to €2,352
of which Leasing and similar rights: -€36,395
- Receivables within one year -€2,203
down €2,203 (-26.0%), from €8,487 to €6,284
of which Other amounts receivable: -€2,202
- Cash -€842
down €842 (-98.1%), from €858 to €16
mainly Net result for the year (-€62,007) and Debts after one year (-€16,567)
- Deferred charges and accrued income -€818
down €818 (-46.8%), from €1,747 to €929
- Profit (loss) carried forward -€62,007
down €62,007 (-27.9%), from -€222,315 to -€284,322
- Debts after one year -€16,567
down €16,567 (-53.5%), from €30,944 to €14,377
- Trade debts +€10,031
up €10,031 (+322.1%), from €3,114 to €13,145
- Other debts -€4,972
down €4,972 (-2.6%), from €190,649 to €185,677
- Current portion of long-term debt +€4,695
up €4,695 (+46.8%), from €10,039 to €14,734
- Gross operating margin -€23,437
down €23,437, from €13,191 to -€10,246
- Depreciation -€12,001
down €12,001 (-88.4%), from €13,569 to €1,568
- Other operating charges +€5,008
up €5,008 (+695.6%), from €720 to €5,728
- Staff costs +€2,251
up €2,251 (+88.6%), from -€2,540 to -€289
- Financial charges -€603
down €603 (-8.8%), from €6,880 to €6,277
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 | €76,202 | €9,581 | -€66,621 | -87.4% |
| Fixed assets | 21/28 | €65,110 | €2,352 | -€62,758 | -96.4% |
| Tangible fixed assets | 22/27 | €65,110 | €2,352 | -€62,758 | -96.4% |
| Plant, machinery and equipment | 23 | €4,301 | - | -€4,301 | |
| Furniture and vehicles | 24 | €24,414 | €2,352 | -€22,062 | -90.4% |
| Leasing and similar rights | 25 | €36,395 | - | -€36,395 | |
| Current assets | 29/58 | €11,092 | €7,229 | -€3,863 | -34.8% |
| Amounts receivable within one year | 40/41 | €8,487 | €6,284 | -€2,203 | -26.0% |
| Trade receivables | 40 | €6,285 | €6,284 | -€1 | 0.0% |
| Other amounts receivable | 41 | €2,202 | - | -€2,202 | |
| Cash at bank and in hand | 54/58 | €858 | €16 | -€842 | -98.1% |
| Deferred charges and accrued income | 490/1 | €1,747 | €929 | -€818 | -46.8% |
| Total equity and liabilities | 10/49 | €76,202 | €9,581 | -€66,621 | -87.4% |
| Equity | 10/15 | -€160,315 | -€222,322 | -€62,007 | -38.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,315 | -€284,322 | -€62,007 | -27.9% |
| Amounts payable | 17/49 | €236,517 | €231,903 | -€4,614 | -2.0% |
| Amounts payable after more than one year | 17 | €30,944 | €14,377 | -€16,567 | -53.5% |
| Financial debts | 170/4 | €30,944 | €14,377 | -€16,567 | -53.5% |
| Amounts payable within one year | 42/48 | €205,573 | €217,526 | +€11,953 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €10,039 | €14,734 | +€4,695 | +46.8% |
| Trade debts | 44 | €3,114 | €13,145 | +€10,031 | +322.1% |
| Suppliers | 440/4 | €3,114 | €13,145 | +€10,031 | +322.1% |
| Taxes, remuneration and social security | 45 | €1,771 | €3,970 | +€2,199 | +124.2% |
| Taxes | 450/3 | €1,006 | €3,970 | +€2,964 | +294.6% |
| Remuneration and social security | 454/9 | €765 | - | -€765 | |
| Other amounts payable | 47/48 | €190,649 | €185,677 | -€4,972 | -2.6% |
| Non-recurring operating income | 76A | - | €2,486 | +€2,486 | |
| Remuneration, social security and pensions | 62 | -€2,540 | -€289 | +€2,251 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,569 | €1,568 | -€12,001 | -88.4% |
| Other operating charges | 640/8 | €720 | €5,728 | +€5,008 | +695.6% |
| Non-recurring operating charges | 66A | - | €38,387 | +€38,387 | |
| Gross operating margin | 9900 | €13,191 | -€10,246 | -€23,437 | |
| Operating profit (loss) | 9901 | €1,442 | -€55,640 | -€57,082 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €6,880 | €6,277 | -€603 | -8.8% |
| Recurring financial charges | 65 | €6,880 | €6,277 | -€603 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,436 | -€61,917 | -€56,481 | -1039.0% |
| Income taxes | 67/77 | €133 | €90 | -€43 | -32.3% |
| Profit (loss) for the period | 9904 | -€5,569 | -€62,007 | -€56,438 | -1013.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,569 | -€62,007 | -€56,438 | -1013.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.