KITCHEN CONCEPT: 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 CONCEPT
Largest movements
- Cash +€621,518
up €621,518 (+272.8%), from €227,869 to €849,387
mainly Other debts (+€412,999) and Accrued charges and deferred income (+€300,652)
- Stocks and contracts -€186,516
down €186,516 (-18.8%), from €990,499 to €803,983
- Receivables within one year +€184,912
up €184,912 (+31.1%), from €593,785 to €778,697
of which Other amounts receivable: +€254,155
- Tangible fixed assets -€131,420
down €131,420 (-19.3%), from €682,641 to €551,220
of which Leasing and similar rights: -€68,247
- Current investments -€68,497
down €68,497 (-17.9%), from €382,936 to €314,439
- Other debts +€412,999
up €412,999 (+46.2%), from €894,034 to €1.3m
- Reserves -€333,999
down €333,999 (-98.2%), from €340,199 to €6,200
of which Distributable reserves: -€333,999
- Accrued charges and deferred income +€300,652
up €300,652 (+149.5%), from €201,047 to €501,699
- Profit (loss) carried forward +€179,118
up €179,118 (+76.5%), from €234,153 to €413,271
- Debts after one year -€154,835
down €154,835 (-34.7%), from €445,738 to €290,902
- Staff costs +€225,357
up €225,357 (+29.4%), from €767,389 to €992,746
- Gross operating margin +€67,250
up €67,250 (+5.1%), from €1.3m to €1.4m
- Taxes -€39,125
down €39,125 (-36.6%), from €106,948 to €67,823
- Financial income +€27,491
up €27,491 (+292.1%), from €9,411 to €36,901
- Depreciation +€24,559
up €24,559 (+20.4%), from €120,102 to €144,661
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 | €2,958,506 | €3,413,314 | +€454,809 | +15.4% |
| Fixed assets | 21/28 | €718,368 | €591,808 | -€126,559 | -17.6% |
| Tangible fixed assets | 22/27 | €682,641 | €551,220 | -€131,420 | -19.3% |
| Furniture and vehicles | 24 | €104,539 | €86,074 | -€18,465 | -17.7% |
| Leasing and similar rights | 25 | €217,930 | €149,683 | -€68,247 | -31.3% |
| Other tangible fixed assets | 26 | €360,171 | €315,463 | -€44,708 | -12.4% |
| Financial fixed assets | 28 | €35,727 | €40,588 | +€4,861 | +13.6% |
| Current assets | 29/58 | €2,240,138 | €2,821,506 | +€581,368 | +26.0% |
| Stocks and contracts in progress | 3 | €990,499 | €803,983 | -€186,516 | -18.8% |
| Stocks | 30/36 | €990,499 | €803,983 | -€186,516 | -18.8% |
| Amounts receivable within one year | 40/41 | €593,785 | €778,697 | +€184,912 | +31.1% |
| Trade receivables | 40 | €555,017 | €485,774 | -€69,243 | -12.5% |
| Other amounts receivable | 41 | €38,768 | €292,923 | +€254,155 | +655.6% |
| Current investments | 50/53 | €382,936 | €314,439 | -€68,497 | -17.9% |
| Cash at bank and in hand | 54/58 | €227,869 | €849,387 | +€621,518 | +272.8% |
| Deferred charges and accrued income | 490/1 | €45,049 | €75,000 | +€29,951 | +66.5% |
| Total equity and liabilities | 10/49 | €2,958,506 | €3,413,314 | +€454,809 | +15.4% |
| Equity | 10/15 | €635,852 | €480,971 | -€154,881 | -24.4% |
| 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% |
| Reserves | 13 | €340,199 | €6,200 | -€333,999 | -98.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €333,999 | - | -€333,999 | |
| Profit (loss) carried forward | 14 | €234,153 | €413,271 | +€179,118 | +76.5% |
| Amounts payable | 17/49 | €2,322,654 | €2,932,343 | +€609,689 | +26.2% |
| Amounts payable after more than one year | 17 | €445,738 | €290,902 | -€154,835 | -34.7% |
| Financial debts | 170/4 | €445,738 | €290,902 | -€154,835 | -34.7% |
| Amounts payable within one year | 42/48 | €1,675,869 | €2,139,742 | +€463,873 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €166,886 | €154,835 | -€12,051 | -7.2% |
| Trade debts | 44 | €515,770 | €481,108 | -€34,662 | -6.7% |
| Suppliers | 440/4 | €515,770 | €481,108 | -€34,662 | -6.7% |
| Taxes, remuneration and social security | 45 | €99,178 | €196,765 | +€97,587 | +98.4% |
| Taxes | 450/3 | €29,003 | €101,758 | +€72,755 | +250.9% |
| Remuneration and social security | 454/9 | €70,176 | €95,007 | +€24,831 | +35.4% |
| Other amounts payable | 47/48 | €894,034 | €1,307,033 | +€412,999 | +46.2% |
| Accrued charges and deferred income | 492/3 | €201,047 | €501,699 | +€300,652 | +149.5% |
| Remuneration, social security and pensions | 62 | €767,389 | €992,746 | +€225,357 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,102 | €144,661 | +€24,559 | +20.4% |
| Other operating charges | 640/8 | €15,499 | €10,266 | -€5,234 | -33.8% |
| Gross operating margin | 9900 | €1,307,123 | €1,374,374 | +€67,250 | +5.1% |
| Operating profit (loss) | 9901 | €404,133 | €226,701 | -€177,432 | -43.9% |
| Financial income | 75/76B | €9,411 | €36,901 | +€27,491 | +292.1% |
| Recurring financial income | 75 | €9,411 | €36,901 | +€27,491 | +292.1% |
| Financial charges | 65/66B | €22,515 | €16,661 | -€5,854 | -26.0% |
| Recurring financial charges | 65 | €22,515 | €16,661 | -€5,854 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €391,029 | €246,941 | -€144,088 | -36.8% |
| Income taxes | 67/77 | €106,948 | €67,823 | -€39,125 | -36.6% |
| Profit (loss) for the period | 9904 | €284,081 | €179,118 | -€104,963 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €284,081 | €179,118 | -€104,963 | -36.9% |
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 1 October 2026 via checked.be.