Kitchen 4 Life: 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.
Kitchen 4 Life
Largest movements
- Receivables within one year -€113,406
down €113,406 (-99.2%), from €114,285 to €879
of which Trade receivables: -€113,451
- Stocks and contracts -€93,038
no longer reported in 2025 (was €93,038)
- Cash -€43,250
down €43,250 (-96.3%), from €44,890 to €1,640
mainly Net result for the year (-€240,867) and Trade debts (-€88,981)
- Tangible fixed assets -€30,908
down €30,908 (-86.7%), from €35,636 to €4,728
of which Other tangible fixed assets: -€24,420
- Deferred charges and accrued income -€20,558
down €20,558 (-98.4%), from €20,882 to €324
- Profit (loss) carried forward -€240,867
down €240,867 (-390%), from -€61,708 to -€302,575
- Trade debts -€88,981
down €88,981 (-86.2%), from €103,258 to €14,277
- Other debts +€72,505
up €72,505 (+192%), from €37,697 to €110,202
- Tax, wage and social debts -€41,531
down €41,531 (-74.5%), from €55,750 to €14,219
of which Remuneration and social security: -€35,011
- Advances received -€26,365
no longer reported in 2025 (was €26,365)
- Gross operating margin -€557,649
down €557,649, from €498,224 to -€59,425
- Staff costs -€216,218
down €216,218 (-62.0%), from €348,846 to €132,628
- Depreciation -€20,803
down €20,803 (-68.7%), from €30,266 to €9,463
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 | €333,378 | €29,218 | -€304,160 | -91.2% |
| Fixed assets | 21/28 | €60,283 | €26,375 | -€33,908 | -56.2% |
| Intangible fixed assets | 21 | €24,000 | €21,000 | -€3,000 | -12.5% |
| Tangible fixed assets | 22/27 | €35,636 | €4,728 | -€30,908 | -86.7% |
| Plant, machinery and equipment | 23 | €3,232 | €1,254 | -€1,978 | -61.2% |
| Furniture and vehicles | 24 | €26 | - | -€26 | |
| Leasing and similar rights | 25 | €7,958 | €3,474 | -€4,484 | -56.3% |
| Other tangible fixed assets | 26 | €24,420 | - | -€24,420 | |
| Financial fixed assets | 28 | €647 | €647 | +€0 | 0.0% |
| Current assets | 29/58 | €273,095 | €2,843 | -€270,252 | -99.0% |
| Stocks and contracts in progress | 3 | €93,038 | - | -€93,038 | |
| Stocks | 30/36 | €93,038 | - | -€93,038 | |
| Amounts receivable within one year | 40/41 | €114,285 | €879 | -€113,406 | -99.2% |
| Trade receivables | 40 | €114,255 | €804 | -€113,451 | -99.3% |
| Other amounts receivable | 41 | €30 | €76 | +€46 | +152% |
| Cash at bank and in hand | 54/58 | €44,890 | €1,640 | -€43,250 | -96.3% |
| Deferred charges and accrued income | 490/1 | €20,882 | €324 | -€20,558 | -98.4% |
| Total equity and liabilities | 10/49 | €333,378 | €29,218 | -€304,160 | -91.2% |
| Equity | 10/15 | -€208 | -€241,075 | -€240,867 | -115,801% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,708 | -€302,575 | -€240,867 | -390% |
| Amounts payable | 17/49 | €333,586 | €270,293 | -€63,293 | -19.0% |
| Amounts payable after more than one year | 17 | €6,596 | - | -€6,596 | |
| Financial debts | 170/4 | €6,596 | - | -€6,596 | |
| Amounts payable within one year | 42/48 | €326,977 | €270,293 | -€56,684 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €3,907 | €6,596 | +€2,689 | +68.8% |
| Financial debts | 43 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Credit institutions | 430/8 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Trade debts | 44 | €103,258 | €14,277 | -€88,981 | -86.2% |
| Suppliers | 440/4 | €103,258 | €14,277 | -€88,981 | -86.2% |
| Advances received on contracts in progress | 46 | €26,365 | - | -€26,365 | |
| Taxes, remuneration and social security | 45 | €55,750 | €14,219 | -€41,531 | -74.5% |
| Taxes | 450/3 | €11,243 | €4,724 | -€6,519 | -58.0% |
| Remuneration and social security | 454/9 | €44,507 | €9,496 | -€35,011 | -78.7% |
| Other amounts payable | 47/48 | €37,697 | €110,202 | +€72,505 | +192% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Remuneration, social security and pensions | 62 | €348,846 | €132,628 | -€216,218 | -62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,266 | €9,463 | -€20,803 | -68.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €2,865 | €4,425 | +€1,560 | +54.4% |
| Non-recurring operating charges | 66A | - | €24,446 | +€24,446 | |
| Gross operating margin | 9900 | €498,224 | -€59,425 | -€557,649 | |
| Operating profit (loss) | 9901 | €116,247 | -€232,886 | -€349,133 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €9,531 | €8,074 | -€1,457 | -15.3% |
| Recurring financial charges | 65 | €9,531 | €8,074 | -€1,457 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €106,718 | -€240,960 | -€347,678 | |
| Income taxes | 67/77 | €863 | -€94 | -€957 | |
| Profit (loss) for the period | 9904 | €105,855 | -€240,867 | -€346,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,855 | -€240,867 | -€346,722 |
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 19 October 2026 via checked.be.