MyCuisine: what changed
What changed
MyCuisine
NACE 47.551, Retail sale of household furniture
filed annual accounts (NBB)
Net result for the year
-€35,681
2024 · -€84,929+€49,248
Equity
€1,539
2024 · €37,220-€35,681
Cash
€17,633
2024 · €47,748-€30,115
Balance sheet total
€719,964
2024 · €965,180-€245,216
Largest movements
Assets
- Receivables within one year -€216,682
down €216,682 (-35.4%), from €611,610 to €394,929
of which Trade receivables: -€217,623
- Cash -€30,115
down €30,115 (-63.1%), from €47,748 to €17,633
mainly Trade debts (-€118,155) and Advances received (-€66,971)
Equity and liabilities
- Trade debts -€118,155
down €118,155 (-41.6%), from €283,907 to €165,751
- Advances received -€66,971
down €66,971 (-21.5%), from €311,184 to €244,213
- Debts after one year -€41,869
down €41,869 (-52.3%), from €80,106 to €38,238
- Profit (loss) carried forward -€35,681
down €35,681 (-78.8%), from -€45,280 to -€80,961
- Short-term financial debts +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
Income statement
- Gross operating margin -€39,522
down €39,522 (-58.6%), from €67,463 to €27,941
- Staff costs -€25,985
down €25,985 (-37.1%), from €70,034 to €44,049
- Financial charges -€20,971
down €20,971 (-71.3%), from €29,396 to €8,424
- Financial income -€1,801
down €1,801 (-90.1%), from €2,000 to €199
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€84,929
Gross operating margin
-€39,522
Staff costs
+€25,985
Depreciation
+€23
Other operating charges
+€398
Other operating items
+€43,195
Financial income
-€1,801
Financial charges
+€20,971
Result 2025
-€35,681
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,968
Investment
-€6,130
Financing
-€16,017
Cash 2024
€47,748
From operations (derived)
-€7,968
Net result for the year
-€35,681
Depreciation
+€8,391
Stocks and contracts
-€2,292
Receivables within one year
+€216,682
Deferred charges and accrued income
-€1,550
Trade debts
-€118,155
Tax, wage and social debts
+€1,859
Advances received
-€66,971
Other debts
-€16,750
Accrued charges and deferred income
+€6,500
Investment (derived)
-€6,130
Investment in fixed assets (net)
-€6,130
Financing
-€16,017
Debts after one year
-€41,869
Current portion of long-term debt
+€852
Short-term financial debts
+€25,000
Cash 2025
€17,633
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €965,180 | €719,964 | -€245,216 | -25.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €15,541 | €13,280 | -€2,261 | -14.6% |
| Intangible fixed assets | 21 | €798 | €398 | -€400 | -50.1% |
| Tangible fixed assets | 22/27 | €14,743 | €12,882 | -€1,861 | -12.6% |
| Furniture and vehicles | 24 | €14,743 | €12,882 | -€1,861 | -12.6% |
| Current assets | 29/58 | €949,639 | €706,685 | -€242,954 | -25.6% |
| Stocks and contracts in progress | 3 | €290,280 | €292,572 | +€2,292 | +0.8% |
| Stocks | 30/36 | €290,280 | €292,572 | +€2,292 | +0.8% |
| Amounts receivable within one year | 40/41 | €611,610 | €394,929 | -€216,682 | -35.4% |
| Trade receivables | 40 | €611,610 | €393,988 | -€217,623 | -35.6% |
| Other amounts receivable | 41 | - | €941 | +€941 | |
| Cash at bank and in hand | 54/58 | €47,748 | €17,633 | -€30,115 | -63.1% |
| Deferred charges and accrued income | 490/1 | - | €1,550 | +€1,550 | |
| Total equity and liabilities | 10/49 | €965,180 | €719,964 | -€245,216 | -25.4% |
| Equity | 10/15 | €37,220 | €1,539 | -€35,681 | -95.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,280 | -€80,961 | -€35,681 | -78.8% |
| Amounts payable | 17/49 | €927,960 | €718,425 | -€209,535 | -22.6% |
| Amounts payable after more than one year | 17 | €80,106 | €38,238 | -€41,869 | -52.3% |
| Financial debts | 170/4 | €80,106 | €38,238 | -€41,869 | -52.3% |
| Amounts payable within one year | 42/48 | €847,854 | €673,688 | -€174,166 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €41,017 | €41,869 | +€852 | +2.1% |
| Financial debts | 43 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Credit institutions | 430/8 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Trade debts | 44 | €283,907 | €165,751 | -€118,155 | -41.6% |
| Suppliers | 440/4 | €283,907 | €165,751 | -€118,155 | -41.6% |
| Advances received on contracts in progress | 46 | €311,184 | €244,213 | -€66,971 | -21.5% |
| Taxes, remuneration and social security | 45 | €11,598 | €13,457 | +€1,859 | +16.0% |
| Taxes | 450/3 | €8,601 | €3,242 | -€5,359 | -62.3% |
| Remuneration and social security | 454/9 | €2,997 | €10,215 | +€7,218 | +241% |
| Other amounts payable | 47/48 | €100,148 | €83,398 | -€16,750 | -16.7% |
| Accrued charges and deferred income | 492/3 | - | €6,500 | +€6,500 | |
| Remuneration, social security and pensions | 62 | €70,034 | €44,049 | -€25,985 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,415 | €8,391 | -€23 | -0.3% |
| Other operating charges | 640/8 | €3,354 | €2,956 | -€398 | -11.9% |
| Non-recurring operating charges | 66A | €43,195 | - | -€43,195 | |
| Gross operating margin | 9900 | €67,463 | €27,941 | -€39,522 | -58.6% |
| Operating profit (loss) | 9901 | -€57,534 | -€27,455 | +€30,078 | +52.3% |
| Financial income | 75/76B | €2,000 | €199 | -€1,801 | -90.1% |
| Recurring financial income | 75 | €2,000 | €199 | -€1,801 | -90.1% |
| Financial charges | 65/66B | €29,396 | €8,424 | -€20,971 | -71.3% |
| Recurring financial charges | 65 | €29,396 | €8,424 | -€20,971 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | -€84,929 | -€35,681 | +€49,248 | +58.0% |
| Profit (loss) for the period | 9904 | -€84,929 | -€35,681 | +€49,248 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,929 | -€35,681 | +€49,248 | +58.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.