Kitchen Partners: 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 Partners
Largest movements
- Cash +€736,109
up €736,109 (+235.2%), from €313,010 to €1.0m
mainly Other debts (+€1.4m) and Net result for the year (+€181,170)
- Receivables within one year +€313,336
up €313,336 (+27.8%), from €1.1m to €1.4m
of which Trade receivables: +€303,907
- Other debts +€1.4m
up €1.4m (+66.1%), from €2.2m to €3.6m
- Reserves -€300,000
down €300,000 (-99.4%), from €301,860 to €1,860
- Trade debts -€91,280
down €91,280 (-16.6%), from €551,325 to €460,046
- Staff costs +€101,251
up €101,251 (+60.0%), from €168,635 to €269,887
- Gross operating margin +€100,119
up €100,119 (+19.5%), from €514,101 to €614,221
- Financial charges -€25,044
down €25,044 (-20.5%), from €122,438 to €97,395
- Taxes +€8,824
up €8,824 (+15.3%), from €57,801 to €66,625
- Financial income +€8,212
up €8,212 (+718.2%), from €1,144 to €9,356
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 | €3,451,662 | €4,506,425 | +€1.1m | +30.6% |
| Fixed assets | 21/28 | €2,008,969 | €2,006,966 | -€2,003 | -0.1% |
| Tangible fixed assets | 22/27 | €30,969 | €28,966 | -€2,003 | -6.5% |
| Land and buildings | 22 | €28,040 | €25,171 | -€2,869 | -10.2% |
| Plant, machinery and equipment | 23 | €2,929 | €1,329 | -€1,600 | -54.6% |
| Furniture and vehicles | 24 | - | €2,466 | +€2,466 | |
| Financial fixed assets | 28 | €1,978,000 | €1,978,000 | = | 0.0% |
| Current assets | 29/58 | €1,442,693 | €2,499,459 | +€1.1m | +73.2% |
| Amounts receivable within one year | 40/41 | €1,125,136 | €1,438,473 | +€313,336 | +27.8% |
| Trade receivables | 40 | €916,118 | €1,220,025 | +€303,907 | +33.2% |
| Other amounts receivable | 41 | €209,018 | €218,448 | +€9,429 | +4.5% |
| Cash at bank and in hand | 54/58 | €313,010 | €1,049,118 | +€736,109 | +235.2% |
| Deferred charges and accrued income | 490/1 | €4,547 | €11,868 | +€7,321 | +161.0% |
| Total equity and liabilities | 10/49 | €3,451,662 | €4,506,425 | +€1.1m | +30.6% |
| Equity | 10/15 | €652,606 | €353,776 | -€298,830 | -45.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €301,860 | €1,860 | -€300,000 | -99.4% |
| Distributable reserves | 133 | €301,860 | €1,860 | -€300,000 | -99.4% |
| Profit (loss) carried forward | 14 | €332,146 | €333,316 | +€1,170 | +0.4% |
| Amounts payable | 17/49 | €2,799,056 | €4,152,649 | +€1.4m | +48.4% |
| Amounts payable within one year | 42/48 | €2,799,056 | €4,152,649 | +€1.4m | +48.4% |
| Trade debts | 44 | €551,325 | €460,046 | -€91,280 | -16.6% |
| Suppliers | 440/4 | €551,325 | €460,046 | -€91,280 | -16.6% |
| Taxes, remuneration and social security | 45 | €73,529 | €80,474 | +€6,945 | +9.4% |
| Taxes | 450/3 | €48,181 | €49,119 | +€938 | +1.9% |
| Remuneration and social security | 454/9 | €25,349 | €31,356 | +€6,007 | +23.7% |
| Other amounts payable | 47/48 | €2,174,201 | €3,612,129 | +€1.4m | +66.1% |
| Remuneration, social security and pensions | 62 | €168,635 | €269,887 | +€101,251 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,883 | €6,253 | -€1,630 | -20.7% |
| Other operating charges | 640/8 | €2,146 | €2,246 | +€101 | +4.7% |
| Non-recurring operating charges | 66A | €3,714 | - | -€3,714 | |
| Gross operating margin | 9900 | €514,101 | €614,221 | +€100,119 | +19.5% |
| Operating profit (loss) | 9901 | €331,723 | €335,834 | +€4,111 | +1.2% |
| Financial income | 75/76B | €1,144 | €9,356 | +€8,212 | +718.2% |
| Recurring financial income | 75 | €1,144 | €9,356 | +€8,212 | +718.2% |
| Financial charges | 65/66B | €122,438 | €97,395 | -€25,044 | -20.5% |
| Recurring financial charges | 65 | €122,438 | €97,395 | -€25,044 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €210,428 | €247,795 | +€37,367 | +17.8% |
| Income taxes | 67/77 | €57,801 | €66,625 | +€8,824 | +15.3% |
| Profit (loss) for the period | 9904 | €152,627 | €181,170 | +€28,543 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €152,627 | €181,170 | +€28,543 | +18.7% |
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 9 October 2026 via checked.be.