BAKKERIJ MEEUS: what changed
BAKKERIJ MEEUS
Largest movements
- Tangible fixed assets -€22,451
down €22,451 (-29.6%), from €75,778 to €53,327
of which Plant, machinery and equipment: -€19,769
- Receivables within one year +€14,003
up €14,003 (+83.6%), from €16,742 to €30,745
- Stocks and contracts -€11,480
down €11,480 (-23.2%), from €49,400 to €37,920
- Cash -€11,402
down €11,402 (-19.1%), from €59,628 to €48,226
mainly Net result for the year (-€18,536) and Accrued charges and deferred income (-€15,250)
- Deferred charges and accrued income +€2,501
new in 2025: €2,501
- Profit (loss) carried forward -€18,536
down €18,536 (-41.0%), from €45,247 to €26,711
- Accrued charges and deferred income -€15,250
no longer reported in 2025 (was €15,250)
- Tax, wage and social debts +€14,013
up €14,013 (+147%), from €9,563 to €23,577
of which Remuneration and social security: +€11,842
- Trade debts -€7,890
down €7,890 (-39.4%), from €20,024 to €12,134
- Gross operating margin -€35,439
down €35,439 (-12.2%), from €291,161 to €255,722
- Staff costs +€27,817
up €27,817 (+12.9%), from €215,145 to €242,963
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,547 | €172,720 | -€28,828 | -14.3% |
| Fixed assets | 21/28 | €75,778 | €53,327 | -€22,451 | -29.6% |
| Tangible fixed assets | 22/27 | €75,778 | €53,327 | -€22,451 | -29.6% |
| Land and buildings | 22 | €6,181 | €3,626 | -€2,555 | -41.3% |
| Plant, machinery and equipment | 23 | €69,427 | €49,659 | -€19,769 | -28.5% |
| Furniture and vehicles | 24 | €170 | €43 | -€127 | -74.8% |
| Current assets | 29/58 | €125,769 | €119,392 | -€6,377 | -5.1% |
| Stocks and contracts in progress | 3 | €49,400 | €37,920 | -€11,480 | -23.2% |
| Stocks | 30/36 | €49,400 | €37,920 | -€11,480 | -23.2% |
| Amounts receivable within one year | 40/41 | €16,742 | €30,745 | +€14,003 | +83.6% |
| Other amounts receivable | 41 | €16,742 | €30,745 | +€14,003 | +83.6% |
| Cash at bank and in hand | 54/58 | €59,628 | €48,226 | -€11,402 | -19.1% |
| Deferred charges and accrued income | 490/1 | - | €2,501 | +€2,501 | |
| Total equity and liabilities | 10/49 | €201,547 | €172,720 | -€28,828 | -14.3% |
| Equity | 10/15 | €152,747 | €134,211 | -€18,536 | -12.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €82,500 | €82,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,247 | €26,711 | -€18,536 | -41.0% |
| Amounts payable | 17/49 | €48,800 | €38,508 | -€10,292 | -21.1% |
| Amounts payable within one year | 42/48 | €33,550 | €38,508 | +€4,958 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €3,963 | €2,798 | -€1,165 | -29.4% |
| Trade debts | 44 | €20,024 | €12,134 | -€7,890 | -39.4% |
| Suppliers | 440/4 | €20,024 | €12,134 | -€7,890 | -39.4% |
| Taxes, remuneration and social security | 45 | €9,563 | €23,577 | +€14,013 | +147% |
| Taxes | 450/3 | €1,878 | €4,049 | +€2,171 | +116% |
| Remuneration and social security | 454/9 | €7,685 | €19,528 | +€11,842 | +154% |
| Accrued charges and deferred income | 492/3 | €15,250 | - | -€15,250 | |
| Remuneration, social security and pensions | 62 | €215,145 | €242,963 | +€27,817 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,240 | €29,006 | -€234 | -0.8% |
| Other operating charges | 640/8 | €551 | €559 | +€8 | +1.5% |
| Gross operating margin | 9900 | €291,161 | €255,722 | -€35,439 | -12.2% |
| Operating profit (loss) | 9901 | €46,225 | -€16,806 | -€63,030 | |
| Financial income | 75/76B | €1,859 | €1,084 | -€776 | -41.7% |
| Recurring financial income | 75 | €1,859 | €1,084 | -€776 | -41.7% |
| Financial charges | 65/66B | €3,758 | €2,649 | -€1,109 | -29.5% |
| Recurring financial charges | 65 | €3,758 | €2,649 | -€1,109 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €44,326 | -€18,371 | -€62,697 | |
| Income taxes | 67/77 | €165 | €165 | = | 0.0% |
| Profit (loss) for the period | 9904 | €44,161 | -€18,536 | -€62,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,161 | -€18,536 | -€62,697 |
Next steps
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 3 November 2026 via checked.be.