BAKE SOMEONE HAPPY: 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.
BAKE SOMEONE HAPPY
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets +€67,713
up €67,713 (+339%), from €19,995 to €87,708
of which Furniture and vehicles: +€65,589
- Cash +€53,499
up €53,499 (+36.9%), from €144,835 to €198,335
mainly Other debts (+€134,592) and Net result for the year (+€131,301)
- Receivables within one year +€6,009
up €6,009 (+16.2%), from €37,047 to €43,056
of which Other amounts receivable: +€6,567
- Other debts +€134,592
up €134,592 (+134%), from €100,408 to €235,000
- Reserves -€118,699
down €118,699 (-88.1%), from €134,735 to €16,036
- Trade debts +€13,808
up €13,808 (+73.8%), from €18,704 to €32,512
- Tax, wage and social debts -€5,423
down €5,423 (-10.1%), from €53,521 to €48,099
of which Taxes: -€20,217
- Gross operating margin +€117,639
up €117,639 (+37.1%), from €317,472 to €435,111
- Staff costs +€100,087
up €100,087 (+71.9%), from €139,184 to €239,271
- Depreciation +€10,361
up €10,361 (+114%), from €9,090 to €19,450
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 | €342,676 | €366,702 | +€24,026 | +7.0% |
| Fixed assets | 21/28 | €43,718 | €108,231 | +€64,513 | +148% |
| Intangible fixed assets | 21 | €18,623 | €15,423 | -€3,200 | -17.2% |
| Tangible fixed assets | 22/27 | €19,995 | €87,708 | +€67,713 | +339% |
| Plant, machinery and equipment | 23 | €16,890 | €19,014 | +€2,124 | +12.6% |
| Furniture and vehicles | 24 | €3,105 | €68,694 | +€65,589 | +2,112% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €298,958 | €258,472 | -€40,487 | -13.5% |
| Stocks and contracts in progress | 3 | €16,368 | €17,081 | +€713 | +4.4% |
| Stocks | 30/36 | €16,368 | €17,081 | +€713 | +4.4% |
| Amounts receivable within one year | 40/41 | €37,047 | €43,056 | +€6,009 | +16.2% |
| Trade receivables | 40 | €36,448 | €35,889 | -€559 | -1.5% |
| Other amounts receivable | 41 | €600 | €7,167 | +€6,567 | +1,095% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €144,835 | €198,335 | +€53,499 | +36.9% |
| Deferred charges and accrued income | 490/1 | €708 | €0 | -€708 | -100% |
| Total equity and liabilities | 10/49 | €342,676 | €366,702 | +€24,026 | +7.0% |
| Equity | 10/15 | €169,735 | €51,036 | -€118,699 | -69.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €134,735 | €16,036 | -€118,699 | -88.1% |
| Distributable reserves | 133 | €134,735 | €16,036 | -€118,699 | -88.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €172,941 | €315,666 | +€142,725 | +82.5% |
| Amounts payable within one year | 42/48 | €172,941 | €315,666 | +€142,725 | +82.5% |
| Financial debts | 43 | €308 | €56 | -€252 | -81.9% |
| Credit institutions | 430/8 | €308 | €56 | -€252 | -81.9% |
| Trade debts | 44 | €18,704 | €32,512 | +€13,808 | +73.8% |
| Suppliers | 440/4 | €18,704 | €32,512 | +€13,808 | +73.8% |
| Taxes, remuneration and social security | 45 | €53,521 | €48,099 | -€5,423 | -10.1% |
| Taxes | 450/3 | €31,099 | €10,882 | -€20,217 | -65.0% |
| Remuneration and social security | 454/9 | €22,422 | €37,217 | +€14,795 | +66.0% |
| Other amounts payable | 47/48 | €100,408 | €235,000 | +€134,592 | +134% |
| Remuneration, social security and pensions | 62 | €139,184 | €239,271 | +€100,087 | +71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,090 | €19,450 | +€10,361 | +114% |
| Other operating charges | 640/8 | €1,285 | €1,821 | +€535 | +41.7% |
| Gross operating margin | 9900 | €317,472 | €435,111 | +€117,639 | +37.1% |
| Operating profit (loss) | 9901 | €167,913 | €174,569 | +€6,656 | +4.0% |
| Financial income | 75/76B | €50 | €1,359 | +€1,309 | +2,618% |
| Recurring financial income | 75 | €50 | €1,359 | +€1,309 | +2,618% |
| Financial charges | 65/66B | €1,383 | €410 | -€973 | -70.3% |
| Recurring financial charges | 65 | €1,383 | €410 | -€973 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €166,580 | €175,518 | +€8,938 | +5.4% |
| Income taxes | 67/77 | €42,732 | €44,217 | +€1,485 | +3.5% |
| Profit (loss) for the period | 9904 | €123,848 | €131,301 | +€7,453 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,848 | €131,301 | +€7,453 | +6.0% |
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 26 October 2026 via checked.be.