BAKKERIJ HEIRMAN: what changed
What changed
BAKKERIJ HEIRMAN
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€17,741
2024 · €23,453-€5,712
Equity
€139,557
2024 · €121,816+€17,741
Cash
€51,115
2024 · €41,124+€9,991
Balance sheet total
€353,297
2024 · €198,411+€154,886
Largest movements
Assets
- Tangible fixed assets +€144,464
up €144,464 (+142%), from €101,830 to €246,294
of which Other tangible fixed assets: +€135,329
- Cash +€9,991
up €9,991 (+24.3%), from €41,124 to €51,115
mainly Debts after one year (+€133,413) and Depreciation (+€35,051)
- Deferred charges and accrued income -€6,787
down €6,787 (-62.8%), from €10,808 to €4,021
- Stocks and contracts +€5,340
up €5,340 (+38.0%), from €14,062 to €19,402
Equity and liabilities
- Debts after one year +€133,413
up €133,413 (+13,139%), from €1,015 to €134,429
- Reserves +€17,740
up €17,740 (+17.6%), from €101,070 to €118,810
of which Distributable reserves: +€17,740
- Trade debts +€11,176
up €11,176 (+63.0%), from €17,737 to €28,913
- Current portion of long-term debt -€5,056
down €5,056 (-83.3%), from €6,071 to €1,015
Income statement
- Depreciation +€7,756
up €7,756 (+28.4%), from €27,295 to €35,051
- Taxes -€6,875
down €6,875 (-76.8%), from €8,955 to €2,080
- Staff costs +€2,340
up €2,340 (+5.4%), from €43,570 to €45,910
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
€23,453
Gross operating margin
-€385
Staff costs
-€2,340
Depreciation
-€7,756
Other operating charges
-€1,072
Financial income
-€66
Financial charges
-€969
Taxes
+€6,875
Result 2025
€17,741
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
+€63,926
Investment
-€182,292
Financing
+€128,357
Cash 2024
€41,124
From operations (derived)
+€63,926
Net result for the year
+€17,741
Depreciation
+€35,051
Stocks and contracts
-€5,340
Receivables within one year
+€899
Deferred charges and accrued income
+€6,787
Trade debts
+€11,176
Tax, wage and social debts
-€3,103
Other debts
+€11
Accrued charges and deferred income
+€703
Investment (derived)
-€182,292
Investment in fixed assets (net)
-€182,292
Financing
+€128,357
Debts after one year
+€133,413
Current portion of long-term debt
-€5,056
Cash 2025
€51,115
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €198,411 | €353,297 | +€154,886 | +78.1% |
| Fixed assets | 21/28 | €114,250 | €261,491 | +€147,241 | +129% |
| Intangible fixed assets | 21 | - | €2,777 | +€2,777 | |
| Tangible fixed assets | 22/27 | €101,830 | €246,294 | +€144,464 | +142% |
| Plant, machinery and equipment | 23 | €35,313 | €59,536 | +€24,223 | +68.6% |
| Furniture and vehicles | 24 | €20,406 | €5,318 | -€15,088 | -73.9% |
| Other tangible fixed assets | 26 | €46,112 | €181,441 | +€135,329 | +293% |
| Financial fixed assets | 28 | €12,420 | €12,420 | = | 0.0% |
| Current assets | 29/58 | €84,160 | €91,805 | +€7,645 | +9.1% |
| Stocks and contracts in progress | 3 | €14,062 | €19,402 | +€5,340 | +38.0% |
| Stocks | 30/36 | €14,062 | €19,402 | +€5,340 | +38.0% |
| Amounts receivable within one year | 40/41 | €18,166 | €17,267 | -€899 | -4.9% |
| Trade receivables | 40 | €7,271 | €6,900 | -€370 | -5.1% |
| Other amounts receivable | 41 | €10,895 | €10,367 | -€528 | -4.8% |
| Cash at bank and in hand | 54/58 | €41,124 | €51,115 | +€9,991 | +24.3% |
| Deferred charges and accrued income | 490/1 | €10,808 | €4,021 | -€6,787 | -62.8% |
| Total equity and liabilities | 10/49 | €198,411 | €353,297 | +€154,886 | +78.1% |
| Equity | 10/15 | €121,816 | €139,557 | +€17,741 | +14.6% |
| Contributions | 10/11 | €20,025 | €20,025 | = | 0.0% |
| Reserves | 13 | €101,070 | €118,810 | +€17,740 | +17.6% |
| Tax-exempt reserves | 132 | €32,027 | €32,027 | = | 0.0% |
| Distributable reserves | 133 | €69,043 | €86,783 | +€17,740 | +25.7% |
| Profit (loss) carried forward | 14 | €721 | €722 | +€1 | +0.1% |
| Amounts payable | 17/49 | €76,594 | €213,740 | +€137,145 | +179% |
| Amounts payable after more than one year | 17 | €1,015 | €134,429 | +€133,413 | +13,139% |
| Financial debts | 170/4 | €1,015 | €134,429 | +€133,413 | +13,139% |
| Amounts payable within one year | 42/48 | €69,549 | €72,577 | +€3,028 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €6,071 | €1,015 | -€5,056 | -83.3% |
| Trade debts | 44 | €17,737 | €28,913 | +€11,176 | +63.0% |
| Suppliers | 440/4 | €17,737 | €28,913 | +€11,176 | +63.0% |
| Taxes, remuneration and social security | 45 | €17,375 | €14,272 | -€3,103 | -17.9% |
| Taxes | 450/3 | €3,798 | €12 | -€3,786 | -99.7% |
| Remuneration and social security | 454/9 | €13,576 | €14,260 | +€683 | +5.0% |
| Other amounts payable | 47/48 | €28,366 | €28,377 | +€11 | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,030 | €6,733 | +€703 | +11.7% |
| Non-recurring operating income | 76A | €1,375 | €0 | -€1,375 | -100% |
| Remuneration, social security and pensions | 62 | €43,570 | €45,910 | +€2,340 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,295 | €35,051 | +€7,756 | +28.4% |
| Other operating charges | 640/8 | €2,676 | €3,748 | +€1,072 | +40.0% |
| Gross operating margin | 9900 | €108,257 | €107,872 | -€385 | -0.4% |
| Operating profit (loss) | 9901 | €34,715 | €23,163 | -€11,552 | -33.3% |
| Financial income | 75/76B | €66 | €0 | -€66 | -99.4% |
| Recurring financial income | 75 | €66 | €0 | -€66 | -99.4% |
| Financial charges | 65/66B | €2,373 | €3,343 | +€969 | +40.8% |
| Recurring financial charges | 65 | €2,373 | €3,343 | +€969 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | €32,408 | €19,821 | -€12,588 | -38.8% |
| Income taxes | 67/77 | €8,955 | €2,080 | -€6,875 | -76.8% |
| Profit (loss) for the period | 9904 | €23,453 | €17,741 | -€5,712 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,453 | €17,741 | -€5,712 | -24.4% |
Next steps
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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 1 November 2026 via checked.be.