Bakker Bas: 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.
Bakker Bas
Largest movements
- Current investments +€79,880
new in 2025: €79,880
- Cash -€67,422
down €67,422 (-51.1%), from €131,877 to €64,456
mainly Current investments (-€79,880) and Investment in fixed assets (net) (-€44,921)
- Receivables within one year -€23,289
down €23,289 (-19.8%), from €117,533 to €94,245
of which Other amounts receivable: -€21,713
- Tangible fixed assets +€5,299
up €5,299 (+3.0%), from €177,460 to €182,760
of which Plant, machinery and equipment: +€11,233
- Trade debts -€14,051
down €14,051 (-36.7%), from €38,280 to €24,230
- Current portion of long-term debt +€9,014
up €9,014 (+116.0%), from €7,768 to €16,782
- Gross operating margin -€70,873
down €70,873 (-23.6%), from €300,774 to €229,901
- Staff costs -€26,662
down €26,662 (-12.9%), from €206,372 to €179,710
- Taxes -€5,286
down €5,286 (-79.3%), from €6,669 to €1,383
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.
Cash bridge derived
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 | €457,772 | €447,275 | -€10,497 | -2.3% |
| Fixed assets | 21/28 | €180,035 | €184,260 | +€4,224 | +2.3% |
| Intangible fixed assets | 21 | €1,075 | - | -€1,075 | |
| Tangible fixed assets | 22/27 | €177,460 | €182,760 | +€5,299 | +3.0% |
| Plant, machinery and equipment | 23 | €38,184 | €49,417 | +€11,233 | +29.4% |
| Furniture and vehicles | 24 | €1,751 | €2,013 | +€262 | +14.9% |
| Other tangible fixed assets | 26 | €137,525 | €131,330 | -€6,196 | -4.5% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €277,737 | €263,015 | -€14,721 | -5.3% |
| Stocks and contracts in progress | 3 | €26,084 | €23,034 | -€3,050 | -11.7% |
| Stocks | 30/36 | €26,084 | €23,034 | -€3,050 | -11.7% |
| Amounts receivable within one year | 40/41 | €117,533 | €94,245 | -€23,289 | -19.8% |
| Trade receivables | 40 | €6,021 | €4,445 | -€1,576 | -26.2% |
| Other amounts receivable | 41 | €111,513 | €89,799 | -€21,713 | -19.5% |
| Current investments | 50/53 | - | €79,880 | +€79,880 | |
| Cash at bank and in hand | 54/58 | €131,877 | €64,456 | -€67,422 | -51.1% |
| Deferred charges and accrued income | 490/1 | €2,242 | €1,401 | -€841 | -37.5% |
| Total equity and liabilities | 10/49 | €457,772 | €447,275 | -€10,497 | -2.3% |
| Equity | 10/15 | €353,532 | €357,453 | +€3,921 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €199,683 | €199,683 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,035 | €4,035 | = | 0.0% |
| Distributable reserves | 133 | €193,647 | €193,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,849 | €137,770 | +€3,921 | +2.9% |
| Amounts payable | 17/49 | €104,240 | €89,822 | -€14,418 | -13.8% |
| Amounts payable after more than one year | 17 | €26,598 | €25,271 | -€1,326 | -5.0% |
| Financial debts | 170/4 | €26,598 | €25,271 | -€1,326 | -5.0% |
| Amounts payable within one year | 42/48 | €77,642 | €64,551 | -€13,092 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €7,768 | €16,782 | +€9,014 | +116.0% |
| Financial debts | 43 | €12,051 | €8,516 | -€3,535 | -29.3% |
| Credit institutions | 430/8 | €12,051 | €8,516 | -€3,535 | -29.3% |
| Trade debts | 44 | €38,280 | €24,230 | -€14,051 | -36.7% |
| Suppliers | 440/4 | €38,280 | €24,230 | -€14,051 | -36.7% |
| Taxes, remuneration and social security | 45 | €16,610 | €12,674 | -€3,936 | -23.7% |
| Taxes | 450/3 | €30 | €28 | -€2 | -5.1% |
| Remuneration and social security | 454/9 | €16,580 | €12,646 | -€3,935 | -23.7% |
| Other amounts payable | 47/48 | €2,932 | €2,349 | -€584 | -19.9% |
| Non-recurring operating income | 76A | €19,550 | - | -€19,550 | |
| Remuneration, social security and pensions | 62 | €206,372 | €179,710 | -€26,662 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,217 | €40,697 | -€2,520 | -5.8% |
| Other operating charges | 640/8 | €598 | €780 | +€182 | +30.4% |
| Non-recurring operating charges | 66A | €83 | - | -€83 | |
| Gross operating margin | 9900 | €300,774 | €229,901 | -€70,873 | -23.6% |
| Operating profit (loss) | 9901 | €50,503 | €8,715 | -€41,788 | -82.7% |
| Financial income | 75/76B | €1,320 | €2,859 | +€1,539 | +116.7% |
| Recurring financial income | 75 | €1,320 | €2,859 | +€1,539 | +116.7% |
| Financial charges | 65/66B | €7,116 | €6,270 | -€846 | -11.9% |
| Recurring financial charges | 65 | €7,116 | €6,270 | -€846 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €44,707 | €5,304 | -€39,403 | -88.1% |
| Income taxes | 67/77 | €6,669 | €1,383 | -€5,286 | -79.3% |
| Profit (loss) for the period | 9904 | €38,038 | €3,921 | -€34,117 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,038 | €3,921 | -€34,117 | -89.7% |
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 10 October 2026 via checked.be.