BAKKERIJ DAVID: 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.
BAKKERIJ DAVID
Largest movements
- Tangible fixed assets -€86,393
down €86,393 (-11.5%), from €750,236 to €663,842
of which Land and buildings: -€69,139
- Cash -€40,945
down €40,945 (-27.6%), from €148,249 to €107,305
mainly Other debts (-€79,954) and Accrued charges and deferred income (-€69,809)
- Deferred charges and accrued income -€30,386
down €30,386 (-90.2%), from €33,683 to €3,297
- Stocks and contracts -€10,967
down €10,967 (-35.2%), from €31,136 to €20,169
- Other debts -€79,954
down €79,954 (-62.2%), from €128,586 to €48,632
- Accrued charges and deferred income -€69,809
down €69,809 (-98.0%), from €71,265 to €1,456
- Debts after one year -€68,290
down €68,290 (-10.7%), from €636,895 to €568,604
of which Financial debts: -€68,290
- Profit (loss) carried forward +€42,681
up €42,681, from -€42,471 to €209
- Reserves +€37,000
new in 2025: €37,000
- Gross operating margin -€38,158
down €38,158 (-10.4%), from €366,590 to €328,432
- Staff costs -€29,033
down €29,033 (-22.4%), from €129,393 to €100,360
- Taxes +€10,699
up €10,699 (+301,380%), from €4 to €10,703
- Other operating charges +€5,885
up €5,885 (+84.1%), from €6,995 to €12,880
- Depreciation -€4,957
down €4,957 (-4.5%), from €110,739 to €105,782
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 | €980,995 | €811,604 | -€169,391 | -17.3% |
| Fixed assets | 21/28 | €750,236 | €663,842 | -€86,393 | -11.5% |
| Tangible fixed assets | 22/27 | €750,236 | €663,842 | -€86,393 | -11.5% |
| Land and buildings | 22 | €646,635 | €577,496 | -€69,139 | -10.7% |
| Plant, machinery and equipment | 23 | €67,991 | €61,099 | -€6,892 | -10.1% |
| Furniture and vehicles | 24 | €34,016 | €24,182 | -€9,834 | -28.9% |
| Other tangible fixed assets | 26 | €1,594 | €1,066 | -€528 | -33.1% |
| Current assets | 29/58 | €230,759 | €147,761 | -€82,998 | -36.0% |
| Stocks and contracts in progress | 3 | €31,136 | €20,169 | -€10,967 | -35.2% |
| Stocks | 30/36 | €31,136 | €20,169 | -€10,967 | -35.2% |
| Amounts receivable within one year | 40/41 | €17,691 | €16,990 | -€701 | -4.0% |
| Trade receivables | 40 | €17,485 | €8,454 | -€9,030 | -51.6% |
| Other amounts receivable | 41 | €206 | €8,536 | +€8,330 | +4,041% |
| Cash at bank and in hand | 54/58 | €148,249 | €107,305 | -€40,945 | -27.6% |
| Deferred charges and accrued income | 490/1 | €33,683 | €3,297 | -€30,386 | -90.2% |
| Total equity and liabilities | 10/49 | €980,995 | €811,604 | -€169,391 | -17.3% |
| Equity | 10/15 | -€2,471 | €77,209 | +€79,681 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | - | €37,000 | +€37,000 | |
| Distributable reserves | 133 | - | €37,000 | +€37,000 | |
| Profit (loss) carried forward | 14 | -€42,471 | €209 | +€42,681 | |
| Amounts payable | 17/49 | €983,466 | €734,394 | -€249,072 | -25.3% |
| Amounts payable after more than one year | 17 | €636,895 | €568,604 | -€68,290 | -10.7% |
| Financial debts | 170/4 | €596,895 | €528,604 | -€68,290 | -11.4% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €275,307 | €164,334 | -€110,973 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €72,661 | €68,290 | -€4,371 | -6.0% |
| Trade debts | 44 | €39,679 | €15,968 | -€23,710 | -59.8% |
| Suppliers | 440/4 | €39,679 | €15,968 | -€23,710 | -59.8% |
| Taxes, remuneration and social security | 45 | €34,381 | €31,444 | -€2,938 | -8.5% |
| Taxes | 450/3 | €7,746 | €8,993 | +€1,247 | +16.1% |
| Remuneration and social security | 454/9 | €26,635 | €22,450 | -€4,185 | -15.7% |
| Other amounts payable | 47/48 | €128,586 | €48,632 | -€79,954 | -62.2% |
| Accrued charges and deferred income | 492/3 | €71,265 | €1,456 | -€69,809 | -98.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €129,393 | €100,360 | -€29,033 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,739 | €105,782 | -€4,957 | -4.5% |
| Other operating charges | 640/8 | €6,995 | €12,880 | +€5,885 | +84.1% |
| Gross operating margin | 9900 | €366,590 | €328,432 | -€38,158 | -10.4% |
| Operating profit (loss) | 9901 | €119,463 | €109,411 | -€10,053 | -8.4% |
| Financial income | 75/76B | €3,645 | €3,371 | -€274 | -7.5% |
| Recurring financial income | 75 | €3,645 | €3,371 | -€274 | -7.5% |
| Financial charges | 65/66B | €23,967 | €20,738 | -€3,229 | -13.5% |
| Recurring financial charges | 65 | €23,967 | €20,738 | -€3,229 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €99,141 | €92,043 | -€7,097 | -7.2% |
| Income taxes | 67/77 | €4 | €10,703 | +€10,699 | +301,380% |
| Profit (loss) for the period | 9904 | €99,137 | €81,341 | -€17,796 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,137 | €81,341 | -€17,796 | -18.0% |
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 31 October 2026 via checked.be.