KITCHEN HOUSE: 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 HOUSE
Largest movements
- Receivables within one year -€183,016
down €183,016 (-93.8%), from €195,078 to €12,062
of which Trade receivables: -€182,700
- Cash +€108,339
up €108,339 (+10762.6%), from €1,007 to €109,346
mainly Receivables within one year (+€183,016) and Stocks and contracts (+€22,351)
- Stocks and contracts -€22,351
down €22,351 (-14.9%), from €149,896 to €127,545
- Tangible fixed assets -€13,815
down €13,815 (-61.5%), from €22,459 to €8,643
of which Furniture and vehicles: -€10,243
- Trade debts -€97,856
down €97,856 (-32.1%), from €304,644 to €206,788
- Other debts -€26,588
no longer reported in 2025 (was €26,588)
- Debts after one year -€17,449
no longer reported in 2025 (was €17,449)
- Tax, wage and social debts +€14,928
up €14,928 (+181.0%), from €8,246 to €23,174
of which Remuneration and social security: +€14,307
- Current portion of long-term debt +€8,142
new in 2025: €8,142
- Gross operating margin +€116,474
up €116,474 (+154.3%), from €75,486 to €191,959
- Staff costs +€69,992
up €69,992 (+85.1%), from €82,224 to €152,215
- Taxes -€8,618
down €8,618 (-80.4%), from €10,722 to €2,104
- Other operating charges -€7,036
down €7,036 (-79.8%), from €8,812 to €1,776
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 | €368,438 | €257,596 | -€110,842 | -30.1% |
| Fixed assets | 21/28 | €22,459 | €8,643 | -€13,815 | -61.5% |
| Tangible fixed assets | 22/27 | €22,459 | €8,643 | -€13,815 | -61.5% |
| Plant, machinery and equipment | 23 | €4,416 | €845 | -€3,572 | -80.9% |
| Furniture and vehicles | 24 | €18,042 | €7,799 | -€10,243 | -56.8% |
| Current assets | 29/58 | €345,980 | €248,953 | -€97,027 | -28.0% |
| Stocks and contracts in progress | 3 | €149,896 | €127,545 | -€22,351 | -14.9% |
| Stocks | 30/36 | €149,896 | €127,545 | -€22,351 | -14.9% |
| Amounts receivable within one year | 40/41 | €195,078 | €12,062 | -€183,016 | -93.8% |
| Trade receivables | 40 | €194,762 | €12,062 | -€182,700 | -93.8% |
| Other amounts receivable | 41 | €316 | - | -€316 | |
| Cash at bank and in hand | 54/58 | €1,007 | €109,346 | +€108,339 | +10762.6% |
| Total equity and liabilities | 10/49 | €368,438 | €257,596 | -€110,842 | -30.1% |
| Equity | 10/15 | €11,512 | €19,493 | +€7,981 | +69.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,512 | €9,493 | +€7,981 | +527.8% |
| Amounts payable | 17/49 | €356,926 | €238,104 | -€118,823 | -33.3% |
| Amounts payable after more than one year | 17 | €17,449 | - | -€17,449 | |
| Financial debts | 170/4 | €17,449 | - | -€17,449 | |
| Amounts payable within one year | 42/48 | €339,477 | €238,104 | -€101,374 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,142 | +€8,142 | |
| Trade debts | 44 | €304,644 | €206,788 | -€97,856 | -32.1% |
| Suppliers | 440/4 | €304,644 | €206,788 | -€97,856 | -32.1% |
| Taxes, remuneration and social security | 45 | €8,246 | €23,174 | +€14,928 | +181.0% |
| Taxes | 450/3 | - | €621 | +€621 | |
| Remuneration and social security | 454/9 | €8,246 | €22,552 | +€14,307 | +173.5% |
| Other amounts payable | 47/48 | €26,588 | - | -€26,588 | |
| Non-recurring operating income | 76A | €10,000 | €12,000 | +€2,000 | +20.0% |
| Remuneration, social security and pensions | 62 | €82,224 | €152,215 | +€69,992 | +85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,789 | €13,815 | -€974 | -6.6% |
| Other operating charges | 640/8 | €8,812 | €1,776 | -€7,036 | -79.8% |
| Non-recurring operating charges | 66A | €2,923 | €833 | -€2,090 | -71.5% |
| Gross operating margin | 9900 | €75,486 | €191,959 | +€116,474 | +154.3% |
| Operating profit (loss) | 9901 | -€33,262 | €23,320 | +€56,582 | |
| Financial charges | 65/66B | €12,076 | €13,235 | +€1,159 | +9.6% |
| Recurring financial charges | 65 | €12,076 | €13,235 | +€1,159 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€45,338 | €10,085 | +€55,423 | |
| Income taxes | 67/77 | €10,722 | €2,104 | -€8,618 | -80.4% |
| Profit (loss) for the period | 9904 | -€56,060 | €7,981 | +€64,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,060 | €7,981 | +€64,041 |
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 10 October 2026 via checked.be.