Bacon & Co: 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.
Bacon & Co
Largest movements
- Tangible fixed assets +€93,878
up €93,878 (+122%), from €77,263 to €171,141
of which Land and buildings: +€56,804
- Receivables within one year -€5,058
down €5,058 (-39.4%), from €12,843 to €7,785
of which Other amounts receivable: -€8,418
- Stocks and contracts +€5,000
new in 2025: €5,000
- Debts after one year +€76,432
up €76,432 (+704%), from €10,850 to €87,282
- Current portion of long-term debt +€17,350
new in 2025: €17,350
- Tax, wage and social debts +€4,228
up €4,228 (+307%), from €1,378 to €5,606
of which Taxes: +€5,028
- Other debts -€3,033
down €3,033 (-14.7%), from €20,606 to €17,573
- Trade debts -€2,796
down €2,796 (-53.9%), from €5,189 to €2,393
- Gross operating margin +€57,430
up €57,430, from -€22,298 to €35,132
- Depreciation +€20,628
up €20,628 (+196%), from €10,514 to €31,142
- Financial charges +€796
up €796 (+475%), from €167 to €963
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 | €108,793 | €203,671 | +€94,879 | +87.2% |
| Formation expenses | 20 | €974 | €0 | -€974 | -100% |
| Fixed assets | 21/28 | €77,263 | €171,141 | +€93,878 | +122% |
| Tangible fixed assets | 22/27 | €77,263 | €171,141 | +€93,878 | +122% |
| Land and buildings | 22 | - | €56,804 | +€56,804 | |
| Plant, machinery and equipment | 23 | €45,147 | €40,219 | -€4,928 | -10.9% |
| Furniture and vehicles | 24 | €11,754 | €56,983 | +€45,229 | +385% |
| Other tangible fixed assets | 26 | €20,362 | €17,135 | -€3,227 | -15.8% |
| Current assets | 29/58 | €30,555 | €32,530 | +€1,975 | +6.5% |
| Stocks and contracts in progress | 3 | - | €5,000 | +€5,000 | |
| Stocks | 30/36 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €12,843 | €7,785 | -€5,058 | -39.4% |
| Trade receivables | 40 | €667 | €4,027 | +€3,361 | +504% |
| Other amounts receivable | 41 | €12,176 | €3,757 | -€8,418 | -69.1% |
| Cash at bank and in hand | 54/58 | €17,713 | €19,745 | +€2,033 | +11.5% |
| Total equity and liabilities | 10/49 | €108,793 | €203,671 | +€94,879 | +87.2% |
| Equity | 10/15 | €66,199 | €68,634 | +€2,435 | +3.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,801 | -€31,366 | +€2,435 | +7.2% |
| Amounts payable | 17/49 | €42,593 | €135,037 | +€92,444 | +217% |
| Amounts payable after more than one year | 17 | €10,850 | €87,282 | +€76,432 | +704% |
| Financial debts | 170/4 | €10,850 | €87,282 | +€76,432 | +704% |
| Amounts payable within one year | 42/48 | €27,173 | €42,923 | +€15,750 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | - | €17,350 | +€17,350 | |
| Trade debts | 44 | €5,189 | €2,393 | -€2,796 | -53.9% |
| Suppliers | 440/4 | €5,189 | €2,393 | -€2,796 | -53.9% |
| Taxes, remuneration and social security | 45 | €1,378 | €5,606 | +€4,228 | +307% |
| Taxes | 450/3 | €578 | €5,606 | +€5,028 | +870% |
| Remuneration and social security | 454/9 | €800 | €0 | -€800 | -100% |
| Other amounts payable | 47/48 | €20,606 | €17,573 | -€3,033 | -14.7% |
| Accrued charges and deferred income | 492/3 | €4,570 | €4,832 | +€262 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,514 | €31,142 | +€20,628 | +196% |
| Other operating charges | 640/8 | €822 | €594 | -€228 | -27.7% |
| Gross operating margin | 9900 | -€22,298 | €35,132 | +€57,430 | |
| Operating profit (loss) | 9901 | -€33,633 | €3,397 | +€37,030 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €167 | €963 | +€796 | +475% |
| Recurring financial charges | 65 | €167 | €963 | +€796 | +475% |
| Profit (loss) for the period before taxes | 9903 | -€33,801 | €2,435 | +€36,236 | |
| Profit (loss) for the period | 9904 | -€33,801 | €2,435 | +€36,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,801 | €2,435 | +€36,236 |
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.