ALL-BAKE: 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.
ALL-BAKE
Largest movements
- Receivables within one year +€48,104
up €48,104 (+99.7%), from €48,250 to €96,354
of which Trade receivables: +€43,996
- Cash -€21,485
down €21,485 (-34.1%), from €62,987 to €41,502
mainly Debts after one year (-€102,415) and Investment in fixed assets (net) (-€61,769)
- Debts after one year -€102,415
down €102,415 (-14.8%), from €690,779 to €588,364
of which Other amounts payable: -€62,000
- Reserves +€83,557
up €83,557 (+56.2%), from €148,624 to €232,181
- Trade debts +€40,539
up €40,539 (+306.5%), from €13,225 to €53,764
- Gross operating margin +€10,851
up €10,851 (+5.4%), from €202,674 to €213,525
- Taxes +€5,446
up €5,446 (+17.1%), from €31,900 to €37,346
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,867 | €1,017,664 | +€34,797 | +3.5% |
| Fixed assets | 21/28 | €871,630 | €877,238 | +€5,608 | +0.6% |
| Intangible fixed assets | 21 | €2,683 | €1,433 | -€1,250 | -46.6% |
| Tangible fixed assets | 22/27 | €868,947 | €875,804 | +€6,858 | +0.8% |
| Land and buildings | 22 | €868,947 | €875,804 | +€6,858 | +0.8% |
| Current assets | 29/58 | €111,237 | €140,427 | +€29,189 | +26.2% |
| Amounts receivable within one year | 40/41 | €48,250 | €96,354 | +€48,104 | +99.7% |
| Trade receivables | 40 | €46,358 | €90,355 | +€43,996 | +94.9% |
| Other amounts receivable | 41 | €1,892 | €6,000 | +€4,108 | +217.1% |
| Cash at bank and in hand | 54/58 | €62,987 | €41,502 | -€21,485 | -34.1% |
| Deferred charges and accrued income | 490/1 | €0 | €2,570 | +€2,570 | |
| Total equity and liabilities | 10/49 | €982,867 | €1,017,664 | +€34,797 | +3.5% |
| Equity | 10/15 | €173,624 | €257,181 | +€83,557 | +48.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €148,624 | €232,181 | +€83,557 | +56.2% |
| Distributable reserves | 133 | €148,624 | €232,181 | +€83,557 | +56.2% |
| Amounts payable | 17/49 | €809,243 | €760,483 | -€48,760 | -6.0% |
| Amounts payable after more than one year | 17 | €690,779 | €588,364 | -€102,415 | -14.8% |
| Financial debts | 170/4 | €606,369 | €565,955 | -€40,415 | -6.7% |
| Other amounts payable | 178/9 | €84,410 | €22,410 | -€62,000 | -73.5% |
| Amounts payable within one year | 42/48 | €117,976 | €172,119 | +€54,143 | +45.9% |
| Current portion of amounts payable after more than one year | 42 | €69,268 | €77,112 | +€7,844 | +11.3% |
| Trade debts | 44 | €13,225 | €53,764 | +€40,539 | +306.5% |
| Suppliers | 440/4 | €13,225 | €53,764 | +€40,539 | +306.5% |
| Taxes, remuneration and social security | 45 | €32,492 | €38,093 | +€5,601 | +17.2% |
| Taxes | 450/3 | €32,492 | €38,093 | +€5,601 | +17.2% |
| Other amounts payable | 47/48 | €2,991 | €3,150 | +€159 | +5.3% |
| Accrued charges and deferred income | 492/3 | €488 | €0 | -€488 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,579 | €56,162 | +€1,583 | +2.9% |
| Other operating charges | 640/8 | €8,977 | €10,294 | +€1,317 | +14.7% |
| Gross operating margin | 9900 | €202,674 | €213,525 | +€10,851 | +5.4% |
| Operating profit (loss) | 9901 | €139,119 | €147,070 | +€7,951 | +5.7% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €27,584 | €26,186 | -€1,398 | -5.1% |
| Recurring financial charges | 65 | €27,584 | €26,186 | -€1,398 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €111,535 | €120,903 | +€9,368 | +8.4% |
| Income taxes | 67/77 | €31,900 | €37,346 | +€5,446 | +17.1% |
| Profit (loss) for the period | 9904 | €79,635 | €83,557 | +€3,922 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,635 | €83,557 | +€3,922 | +4.9% |
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 1 October 2026 via checked.be.