BAKKERIJ DEMEDTS: what changed
What changed
BAKKERIJ DEMEDTS
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€129,043
2024 · €118,316+€10,727
Equity
€1.1m
2024 · €999,905+€129,043
Cash
€760,954
2024 · €480,967+€279,986
Balance sheet total
€1.2m
2024 · €1.1m+€114,820
Largest movements
Assets
- Cash +€279,986
up €279,986 (+58.2%), from €480,967 to €760,954
mainly Net result for the year (+€129,043) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Tangible fixed assets -€66,490
down €66,490 (-27.0%), from €246,064 to €179,574
Equity and liabilities
- Reserves +€129,043
up €129,043 (+13.0%), from €993,655 to €1.1m
- Other debts -€13,182
down €13,182 (-48.9%), from €26,940 to €13,758
Income statement
- Staff costs -€82,365
no longer reported in 2025 (was €82,365)
- Gross operating margin -€68,314
down €68,314 (-21.1%), from €324,447 to €256,133
- Taxes +€6,141
up €6,141 (+12.1%), from €50,899 to €57,040
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€118,316
Gross operating margin
-€68,314
Staff costs
+€82,365
Depreciation
+€1,808
Other operating charges
+€167
Financial income
+€631
Financial charges
+€210
Taxes
-€6,141
Result 2025
€129,043
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€179,986
Investment
+€100,000
Financing
€0
Cash 2024
€480,967
From operations (derived)
+€179,986
Net result for the year
+€129,043
Depreciation
+€67,326
Stocks and contracts
-€878
Receivables within one year
+€4,814
Deferred charges and accrued income
-€6,095
Trade debts
+€3,334
Tax, wage and social debts
-€4,373
Other debts
-€13,182
Accrued charges and deferred income
-€2
Investment (derived)
+€100,000
Current investments
+€100,000
Cash 2025
€760,954
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,073,024 | €1,187,844 | +€114,820 | +10.7% |
| Fixed assets | 21/28 | €247,035 | €179,709 | -€67,326 | -27.3% |
| Intangible fixed assets | 21 | €971 | €135 | -€836 | -86.1% |
| Tangible fixed assets | 22/27 | €246,064 | €179,574 | -€66,490 | -27.0% |
| Land and buildings | 22 | €92,307 | €75,297 | -€17,010 | -18.4% |
| Plant, machinery and equipment | 23 | €35,210 | €18,691 | -€16,518 | -46.9% |
| Furniture and vehicles | 24 | €118,547 | €85,586 | -€32,961 | -27.8% |
| Current assets | 29/58 | €825,989 | €1,008,135 | +€182,146 | +22.1% |
| Stocks and contracts in progress | 3 | €12,196 | €13,074 | +€878 | +7.2% |
| Stocks | 30/36 | €12,196 | €13,074 | +€878 | +7.2% |
| Amounts receivable within one year | 40/41 | €24,213 | €19,400 | -€4,814 | -19.9% |
| Trade receivables | 40 | €8,097 | €13,426 | +€5,329 | +65.8% |
| Other amounts receivable | 41 | €16,116 | €5,974 | -€10,143 | -62.9% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €480,967 | €760,954 | +€279,986 | +58.2% |
| Deferred charges and accrued income | 490/1 | €8,613 | €14,708 | +€6,095 | +70.8% |
| Total equity and liabilities | 10/49 | €1,073,024 | €1,187,844 | +€114,820 | +10.7% |
| Equity | 10/15 | €999,905 | €1,128,948 | +€129,043 | +12.9% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €993,655 | €1,122,698 | +€129,043 | +13.0% |
| Distributable reserves | 133 | €993,655 | €1,122,698 | +€129,043 | +13.0% |
| Amounts payable | 17/49 | €73,119 | €58,897 | -€14,223 | -19.5% |
| Amounts payable within one year | 42/48 | €73,117 | €58,896 | -€14,221 | -19.4% |
| Trade debts | 44 | €20,186 | €23,521 | +€3,334 | +16.5% |
| Suppliers | 440/4 | €20,186 | €23,521 | +€3,334 | +16.5% |
| Taxes, remuneration and social security | 45 | €25,991 | €21,618 | -€4,373 | -16.8% |
| Taxes | 450/3 | €19,937 | €21,618 | +€1,681 | +8.4% |
| Remuneration and social security | 454/9 | €6,054 | - | -€6,054 | |
| Other amounts payable | 47/48 | €26,940 | €13,758 | -€13,182 | -48.9% |
| Accrued charges and deferred income | 492/3 | €2 | €0 | -€2 | -92.2% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €82,365 | - | -€82,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,134 | €67,326 | -€1,808 | -2.6% |
| Other operating charges | 640/8 | €4,563 | €4,395 | -€167 | -3.7% |
| Gross operating margin | 9900 | €324,447 | €256,133 | -€68,314 | -21.1% |
| Operating profit (loss) | 9901 | €168,385 | €184,412 | +€16,027 | +9.5% |
| Financial income | 75/76B | €6,694 | €7,326 | +€631 | +9.4% |
| Recurring financial income | 75 | €6,694 | €7,326 | +€631 | +9.4% |
| Financial charges | 65/66B | €5,865 | €5,655 | -€210 | -3.6% |
| Recurring financial charges | 65 | €5,865 | €5,655 | -€210 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €169,215 | €186,083 | +€16,868 | +10.0% |
| Income taxes | 67/77 | €50,899 | €57,040 | +€6,141 | +12.1% |
| Profit (loss) for the period | 9904 | €118,316 | €129,043 | +€10,727 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,316 | €129,043 | +€10,727 | +9.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.