KITCHEN RETAIL DESIGN: 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 RETAIL DESIGN
Largest movements
- Cash +€22,004
up €22,004 (+215%), from €10,216 to €32,220
mainly Advances received (+€53,183) and Net result for the year (+€39,123)
- Stocks and contracts +€16,904
up €16,904 (+10.0%), from €168,865 to €185,769
- Deferred charges and accrued income -€10,621
down €10,621 (-68.3%), from €15,548 to €4,927
- Tangible fixed assets -€6,125
down €6,125 (-41.7%), from €14,673 to €8,547
of which Plant, machinery and equipment: -€7,547
- Debts after one year -€60,000
no longer reported in 2025 (was €60,000)
- Advances received +€53,183
up €53,183 (+18.0%), from €296,242 to €349,426
- Profit (loss) carried forward +€39,123
up €39,123 (+11.5%), from -€341,128 to -€302,005
- Short-term financial debts +€15,884
up €15,884 (+6,499%), from €244 to €16,128
- Accrued charges and deferred income -€15,591
no longer reported in 2025 (was €15,591)
- Depreciation -€83,849
down €83,849 (-85.0%), from €98,689 to €14,840
- Gross operating margin +€39,517
up €39,517 (+15.6%), from €254,004 to €293,521
- Financial income +€21,834
up €21,834 (+50.9%), from €42,865 to €64,700
of which Non-recurring financial income: +€17,554
- Staff costs +€15,177
up €15,177 (+5.6%), from €273,054 to €288,231
- Financial charges -€3,208
down €3,208 (-32.3%), from €9,927 to €6,719
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 | €327,375 | €344,365 | +€16,990 | +5.2% |
| Formation expenses | 20 | €2,194 | - | -€2,194 | |
| Fixed assets | 21/28 | €47,420 | €41,233 | -€6,187 | -13.0% |
| Intangible fixed assets | 21 | €1,667 | €1,106 | -€561 | -33.7% |
| Tangible fixed assets | 22/27 | €14,673 | €8,547 | -€6,125 | -41.7% |
| Plant, machinery and equipment | 23 | €12,377 | €4,831 | -€7,547 | -61.0% |
| Furniture and vehicles | 24 | €2,295 | €3,717 | +€1,421 | +61.9% |
| Financial fixed assets | 28 | €31,080 | €31,580 | +€500 | +1.6% |
| Current assets | 29/58 | €277,761 | €303,132 | +€25,371 | +9.1% |
| Stocks and contracts in progress | 3 | €168,865 | €185,769 | +€16,904 | +10.0% |
| Stocks | 30/36 | €168,865 | €185,769 | +€16,904 | +10.0% |
| Amounts receivable within one year | 40/41 | €83,131 | €80,215 | -€2,916 | -3.5% |
| Trade receivables | 40 | €82,134 | €79,726 | -€2,408 | -2.9% |
| Other amounts receivable | 41 | €997 | €489 | -€508 | -51.0% |
| Cash at bank and in hand | 54/58 | €10,216 | €32,220 | +€22,004 | +215% |
| Deferred charges and accrued income | 490/1 | €15,548 | €4,927 | -€10,621 | -68.3% |
| Total equity and liabilities | 10/49 | €327,375 | €344,365 | +€16,990 | +5.2% |
| Equity | 10/15 | -€241,128 | -€202,005 | +€39,123 | +16.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341,128 | -€302,005 | +€39,123 | +11.5% |
| Amounts payable | 17/49 | €568,503 | €546,371 | -€22,132 | -3.9% |
| Amounts payable after more than one year | 17 | €60,000 | - | -€60,000 | |
| Financial debts | 170/4 | €60,000 | - | -€60,000 | |
| Amounts payable within one year | 42/48 | €492,913 | €546,371 | +€53,458 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €43,702 | €40,000 | -€3,702 | -8.5% |
| Financial debts | 43 | €244 | €16,128 | +€15,884 | +6,499% |
| Credit institutions | 430/8 | €244 | €16,128 | +€15,884 | +6,499% |
| Trade debts | 44 | €107,058 | €98,749 | -€8,309 | -7.8% |
| Suppliers | 440/4 | €107,058 | €98,749 | -€8,309 | -7.8% |
| Advances received on contracts in progress | 46 | €296,242 | €349,426 | +€53,183 | +18.0% |
| Taxes, remuneration and social security | 45 | €45,666 | €42,067 | -€3,598 | -7.9% |
| Taxes | 450/3 | €3,917 | €5,974 | +€2,057 | +52.5% |
| Remuneration and social security | 454/9 | €41,749 | €36,094 | -€5,655 | -13.5% |
| Accrued charges and deferred income | 492/3 | €15,591 | - | -€15,591 | |
| Remuneration, social security and pensions | 62 | €273,054 | €288,231 | +€15,177 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,689 | €14,840 | -€83,849 | -85.0% |
| Other operating charges | 640/8 | €507 | €517 | +€9 | +1.8% |
| Non-recurring operating charges | 66A | - | €8,073 | +€8,073 | |
| Gross operating margin | 9900 | €254,004 | €293,521 | +€39,517 | +15.6% |
| Operating profit (loss) | 9901 | -€118,246 | -€18,140 | +€100,106 | +84.7% |
| Financial income | 75/76B | €42,865 | €64,700 | +€21,834 | +50.9% |
| Recurring financial income | 75 | €42,865 | €47,146 | +€4,280 | +10.0% |
| Non-recurring financial income | 76B | - | €17,554 | +€17,554 | |
| Financial charges | 65/66B | €9,927 | €6,719 | -€3,208 | -32.3% |
| Recurring financial charges | 65 | €9,927 | €6,719 | -€3,208 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | -€85,307 | €39,842 | +€125,149 | |
| Income taxes | 67/77 | €792 | €719 | -€73 | -9.3% |
| Profit (loss) for the period | 9904 | -€86,100 | €39,123 | +€125,222 | |
| Profit (loss) for the period to be appropriated | 9905 | -€86,100 | €39,123 | +€125,222 |
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 16 October 2026 via checked.be.