BAKKERIJ EBERT: what changed
Two fiscal 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.
What changed
BAKKERIJ EBERT
NACE 10.712, Artisanal bread and fresh pastry making
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€133,008
2024 · €124,746+€8,262
Equity
€463,793
2024 · €445,785+€18,008
Cash
€95,094
2024 · €90,427+€4,666
Balance sheet total
€1.4m
2024 · €1.4m-€33,431
Largest movements
Assets
- Receivables after one year -€153,000
no longer reported in 2025 (was €153,000)
- Receivables within one year +€115,383
up €115,383 (+74.9%), from €153,974 to €269,356
of which Other amounts receivable: +€169,918
Equity and liabilities
- Other debts -€162,635
down €162,635 (-52.7%), from €308,349 to €145,715
- Debts after one year +€113,398
up €113,398 (+25.5%), from €444,584 to €557,982
- Current portion of long-term debt +€23,118
up €23,118 (+57.4%), from €40,288 to €63,406
- Trade debts -€21,906
down €21,906 (-13.4%), from €164,008 to €142,102
- Profit (loss) carried forward +€18,008
up €18,008 (+120.1%), from €14,993 to €33,001
Income statement
- Staff costs +€35,123
up €35,123 (+32.8%), from €107,087 to €142,210
- Gross operating margin +€24,342
up €24,342 (+6.2%), from €390,594 to €414,936
- Depreciation -€15,737
down €15,737 (-13.4%), from €117,147 to €101,410
- Financial charges -€6,133
down €6,133 (-17.0%), from €36,005 to €29,872
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.
Result 2024
€124,746
Gross operating margin
+€24,342
Staff costs
-€35,123
Depreciation
+€15,737
Other operating charges
-€580
Other operating items
-€489
Financial income
-€1,178
Financial charges
+€6,133
Taxes
-€582
Result 2025
€133,008
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.
From operations
+€82,340
Investment
-€99,190
Financing
+€21,516
Cash 2024
€90,427
From operations (derived)
+€82,340
Net result for the year
+€133,008
Depreciation
+€101,410
Receivables after one year
+€153,000
Smaller working-capital items
+€101
Receivables within one year
-€115,383
Deferred charges and accrued income
-€1,791
Trade debts
-€21,906
Tax, wage and social debts
-€3,464
Other debts
-€162,635
Investment (derived)
-€99,190
Investment in fixed assets (net)
-€99,190
Financing
+€21,516
Debts after one year
+€113,398
Current portion of long-term debt
+€23,118
Contributions, distributions and other
-€115,000
Cash 2025
€95,094
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,428,041 | €1,394,610 | -€33,431 | -2.3% |
| Fixed assets | 21/28 | €1,004,030 | €1,001,810 | -€2,220 | -0.2% |
| Tangible fixed assets | 22/27 | €1,003,730 | €1,001,510 | -€2,220 | -0.2% |
| Land and buildings | 22 | €841,349 | €791,463 | -€49,886 | -5.9% |
| Plant, machinery and equipment | 23 | €158,946 | €144,417 | -€14,529 | -9.1% |
| Furniture and vehicles | 24 | €3,435 | €65,630 | +€62,195 | +1810.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €424,011 | €392,800 | -€31,211 | -7.4% |
| Amounts receivable after more than one year | 29 | €153,000 | - | -€153,000 | |
| Trade receivables | 290 | €153,000 | - | -€153,000 | |
| Stocks and contracts in progress | 3 | €24,914 | €24,864 | -€51 | -0.2% |
| Stocks | 30/36 | €24,914 | €24,864 | -€51 | -0.2% |
| Amounts receivable within one year | 40/41 | €153,974 | €269,356 | +€115,383 | +74.9% |
| Trade receivables | 40 | €71,907 | €17,372 | -€54,535 | -75.8% |
| Other amounts receivable | 41 | €82,066 | €251,984 | +€169,918 | +207.0% |
| Cash at bank and in hand | 54/58 | €90,427 | €95,094 | +€4,666 | +5.2% |
| Deferred charges and accrued income | 490/1 | €1,696 | €3,487 | +€1,791 | +105.6% |
| Total equity and liabilities | 10/49 | €1,428,041 | €1,394,610 | -€33,431 | -2.3% |
| Equity | 10/15 | €445,785 | €463,793 | +€18,008 | +4.0% |
| Contributions | 10/11 | €210,799 | €210,799 | = | 0.0% |
| Reserves | 13 | €219,993 | €219,993 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,324 | €2,324 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,324 | €2,324 | = | 0.0% |
| Distributable reserves | 133 | €217,669 | €217,669 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,993 | €33,001 | +€18,008 | +120.1% |
| Amounts payable | 17/49 | €982,256 | €930,817 | -€51,439 | -5.2% |
| Amounts payable after more than one year | 17 | €444,584 | €557,982 | +€113,398 | +25.5% |
| Financial debts | 170/4 | €444,584 | €557,982 | +€113,398 | +25.5% |
| Amounts payable within one year | 42/48 | €537,672 | €372,785 | -€164,887 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €40,288 | €63,406 | +€23,118 | +57.4% |
| Trade debts | 44 | €164,008 | €142,102 | -€21,906 | -13.4% |
| Suppliers | 440/4 | €164,008 | €142,102 | -€21,906 | -13.4% |
| Taxes, remuneration and social security | 45 | €25,026 | €21,562 | -€3,464 | -13.8% |
| Taxes | 450/3 | €10,827 | €4,854 | -€5,973 | -55.2% |
| Remuneration and social security | 454/9 | €14,199 | €16,708 | +€2,509 | +17.7% |
| Other amounts payable | 47/48 | €308,349 | €145,715 | -€162,635 | -52.7% |
| Accrued charges and deferred income | 492/3 | - | €50 | +€50 | |
| Remuneration, social security and pensions | 62 | €107,087 | €142,210 | +€35,123 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,147 | €101,410 | -€15,737 | -13.4% |
| Other operating charges | 640/8 | €3,839 | €4,419 | +€580 | +15.1% |
| Non-recurring operating charges | 66A | - | €489 | +€489 | |
| Gross operating margin | 9900 | €390,594 | €414,936 | +€24,342 | +6.2% |
| Operating profit (loss) | 9901 | €162,520 | €166,408 | +€3,888 | +2.4% |
| Financial income | 75/76B | €3,088 | €1,910 | -€1,178 | -38.1% |
| Recurring financial income | 75 | €3,088 | €1,910 | -€1,178 | -38.1% |
| Financial charges | 65/66B | €36,005 | €29,872 | -€6,133 | -17.0% |
| Recurring financial charges | 65 | €36,005 | €29,872 | -€6,133 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €129,602 | €138,446 | +€8,844 | +6.8% |
| Income taxes | 67/77 | €4,856 | €5,438 | +€582 | +12.0% |
| Profit (loss) for the period | 9904 | €124,746 | €133,008 | +€8,262 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,746 | €133,008 | +€8,262 | +6.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.