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Kitchen Zone: 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.

What changed

Kitchen Zone

BE 0798.635.444
NACE 56.210, Event catering
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€13,362
2023 · -€55,095+€68,457
Equity
-€11,733
2023 · -€50,095+€38,362
Cash
€53
2023 · €5,743-€5,691
Balance sheet total
€79,666
2023 · €81,372-€1,706

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€10,041

    up €10,041 (+378.0%), from €2,656 to €12,697

    of which Other amounts receivable: +€7,179

  • Tangible fixed assets -€8,622

    down €8,622 (-12.7%), from €68,153 to €59,531

    of which Plant, machinery and equipment: -€5,296

  • Cash -€5,691

    down €5,691 (-99.1%), from €5,743 to €53

    mainly Other debts (-€24,090) and Debts after one year (-€15,288)

  • Stocks and contracts +€2,985

    new in 2024: €2,985

Equity and liabilities
  • Contributions +€25,000

    up €25,000 (+500.0%), from €5,000 to €30,000

  • Other debts -€24,090

    down €24,090 (-50.3%), from €47,939 to €23,849

  • Debts after one year -€15,288

    down €15,288 (-68.2%), from €22,415 to €7,127

  • Profit (loss) carried forward +€13,362

    up €13,362 (+24.3%), from -€55,095 to -€41,733

  • Tax, wage and social debts -€7,057

    down €7,057 (-53.3%), from €13,240 to €6,184

    of which Remuneration and social security: -€7,057

Income statement
  • Gross operating margin +€126,451

    up €126,451, from -€8,155 to €118,296

  • Staff costs +€52,108

    up €52,108 (+133.2%), from €39,119 to €91,227

  • Depreciation +€3,463

    up €3,463 (+67.1%), from €5,159 to €8,622

  • Financial charges +€2,429

    up €2,429 (+190.9%), from €1,272 to €3,701

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€55,095
Gross operating margin +€126,451
Staff costs -€52,108
Depreciation -€3,463
Other operating charges -€35
Financial income +€42
Financial charges -€2,429
Result 2024 €13,362

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€15,771
Investment €0
Financing +€10,080
Cash 2023 €5,743
Net result for the year +€13,362
Depreciation +€8,622
Stocks and contracts -€2,985
Receivables within one year -€10,041
Deferred charges and accrued income +€419
Trade debts +€4,725
Tax, wage and social debts -€7,057
Other debts -€24,090
Accrued charges and deferred income +€1,274
Debts after one year -€15,288
Short-term financial debts +€368
Contributions, distributions and other +€25,000
Cash 2024 €53
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €81,372 €79,666 -€1,706 -2.1%
Fixed assets 21/28 €72,553 €63,931 -€8,622 -11.9%
Tangible fixed assets 22/27 €68,153 €59,531 -€8,622 -12.7%
Plant, machinery and equipment 23 €47,572 €42,276 -€5,296 -11.1%
Other tangible fixed assets 26 €20,581 €17,255 -€3,326 -16.2%
Financial fixed assets 28 €4,400 €4,400 = 0.0%
Current assets 29/58 €8,819 €15,735 +€6,916 +78.4%
Stocks and contracts in progress 3 - €2,985 +€2,985
Stocks 30/36 - €2,985 +€2,985
Amounts receivable within one year 40/41 €2,656 €12,697 +€10,041 +378.0%
Trade receivables 40 - €2,862 +€2,862
Other amounts receivable 41 €2,656 €9,835 +€7,179 +270.3%
Cash at bank and in hand 54/58 €5,743 €53 -€5,691 -99.1%
Deferred charges and accrued income 490/1 €419 €0 -€419 -100.0%
Total equity and liabilities 10/49 €81,372 €79,666 -€1,706 -2.1%
Equity 10/15 -€50,095 -€11,733 +€38,362 +76.6%
Contributions 10/11 €5,000 €30,000 +€25,000 +500.0%
Profit (loss) carried forward 14 -€55,095 -€41,733 +€13,362 +24.3%
Amounts payable 17/49 €131,467 €91,399 -€40,068 -30.5%
Amounts payable after more than one year 17 €22,415 €7,127 -€15,288 -68.2%
Financial debts 170/4 €22,415 €7,127 -€15,288 -68.2%
Amounts payable within one year 42/48 €109,052 €82,997 -€26,054 -23.9%
Current portion of amounts payable after more than one year 42 €15,288 €15,288 = 0.0%
Financial debts 43 - €368 +€368
Credit institutions 430/8 - €368 +€368
Trade debts 44 €32,584 €37,309 +€4,725 +14.5%
Suppliers 440/4 €32,584 €37,309 +€4,725 +14.5%
Taxes, remuneration and social security 45 €13,240 €6,184 -€7,057 -53.3%
Taxes 450/3 €1,278 €1,278 = 0.0%
Remuneration and social security 454/9 €11,962 €4,905 -€7,057 -59.0%
Other amounts payable 47/48 €47,939 €23,849 -€24,090 -50.3%
Accrued charges and deferred income 492/3 - €1,274 +€1,274
Remuneration, social security and pensions 62 €39,119 €91,227 +€52,108 +133.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,159 €8,622 +€3,463 +67.1%
Other operating charges 640/8 €1,390 €1,425 +€35 +2.5%
Gross operating margin 9900 -€8,155 €118,296 +€126,451
Operating profit (loss) 9901 -€53,823 €17,021 +€70,844
Financial income 75/76B €0 €42 +€42 +42110.0%
Recurring financial income 75 €0 €42 +€42 +42110.0%
Financial charges 65/66B €1,272 €3,701 +€2,429 +190.9%
Recurring financial charges 65 €1,272 €3,701 +€2,429 +190.9%
Profit (loss) for the period before taxes 9903 -€55,095 €13,362 +€68,457
Profit (loss) for the period 9904 -€55,095 €13,362 +€68,457
Profit (loss) for the period to be appropriated 9905 -€55,095 €13,362 +€68,457

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.