BAKKERIJ MESSELY: 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 MESSELY
Largest movements
- Tangible fixed assets +€96,615
up €96,615 (+14.1%), from €685,593 to €782,208
of which Plant, machinery and equipment: +€89,089
- Receivables within one year -€53,159
down €53,159 (-18.7%), from €283,529 to €230,371
of which Other amounts receivable: -€88,194
- Cash -€24,229
down €24,229 (-28.1%), from €86,355 to €62,126
mainly Investment in fixed assets (net) (-€202,495) and Contributions, distributions and other (-€27,000)
- Deferred charges and accrued income -€17,783
down €17,783 (-24.0%), from €74,168 to €56,385
- Intangible fixed assets -€12,952
down €12,952 (-66.4%), from €19,499 to €6,546
- Current portion of long-term debt +€24,855
up €24,855 (+29.3%), from €84,702 to €109,557
- Other debts -€23,000
down €23,000 (-43.6%), from €52,711 to €29,711
- Debts after one year -€16,818
down €16,818 (-3.2%), from €527,790 to €510,972
of which Financial debts: -€41,457
- Staff costs +€75,774
up €75,774 (+47.8%), from €158,393 to €234,166
- Gross operating margin +€72,732
up €72,732 (+21.5%), from €338,417 to €411,149
- Depreciation +€32,764
up €32,764 (+38.1%), from €86,068 to €118,832
- Taxes -€10,442
down €10,442 (-59.1%), from €17,662 to €7,220
- Financial charges +€5,912
up €5,912 (+38.2%), from €15,481 to €21,393
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 | €1,166,717 | €1,151,509 | -€15,208 | -1.3% |
| Fixed assets | 21/28 | €705,129 | €788,792 | +€83,662 | +11.9% |
| Intangible fixed assets | 21 | €19,499 | €6,546 | -€12,952 | -66.4% |
| Tangible fixed assets | 22/27 | €685,593 | €782,208 | +€96,615 | +14.1% |
| Land and buildings | 22 | €433,042 | €427,940 | -€5,102 | -1.2% |
| Plant, machinery and equipment | 23 | €77,819 | €166,908 | +€89,089 | +114% |
| Furniture and vehicles | 24 | €174,733 | €120,488 | -€54,244 | -31.0% |
| Leasing and similar rights | 25 | - | €66,872 | +€66,872 | |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €461,588 | €362,717 | -€98,870 | -21.4% |
| Stocks and contracts in progress | 3 | €17,535 | €13,836 | -€3,699 | -21.1% |
| Stocks | 30/36 | €17,535 | €13,836 | -€3,699 | -21.1% |
| Amounts receivable within one year | 40/41 | €283,529 | €230,371 | -€53,159 | -18.7% |
| Trade receivables | 40 | €179,369 | €214,404 | +€35,035 | +19.5% |
| Other amounts receivable | 41 | €104,160 | €15,966 | -€88,194 | -84.7% |
| Cash at bank and in hand | 54/58 | €86,355 | €62,126 | -€24,229 | -28.1% |
| Deferred charges and accrued income | 490/1 | €74,168 | €56,385 | -€17,783 | -24.0% |
| Total equity and liabilities | 10/49 | €1,166,717 | €1,151,509 | -€15,208 | -1.3% |
| Equity | 10/15 | €350,228 | €342,961 | -€7,267 | -2.1% |
| Contributions | 10/11 | €236,270 | €236,270 | = | 0.0% |
| Reserves | 13 | €107,785 | €106,273 | -€1,512 | -1.4% |
| Tax-exempt reserves | 132 | €24,347 | €22,834 | -€1,512 | -6.2% |
| Distributable reserves | 133 | €83,438 | €83,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,173 | €418 | -€5,754 | -93.2% |
| Amounts payable | 17/49 | €816,489 | €808,548 | -€7,941 | -1.0% |
| Amounts payable after more than one year | 17 | €527,790 | €510,972 | -€16,818 | -3.2% |
| Financial debts | 170/4 | €454,141 | €412,683 | -€41,457 | -9.1% |
| Other amounts payable | 178/9 | €73,649 | €98,289 | +€24,640 | +33.5% |
| Amounts payable within one year | 42/48 | €283,849 | €290,975 | +€7,126 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €84,702 | €109,557 | +€24,855 | +29.3% |
| Financial debts | 43 | €2,544 | €2,573 | +€28 | +1.1% |
| Credit institutions | 430/8 | €2,544 | €2,573 | +€28 | +1.1% |
| Trade debts | 44 | €126,807 | €126,329 | -€478 | -0.4% |
| Suppliers | 440/4 | €126,807 | €126,329 | -€478 | -0.4% |
| Taxes, remuneration and social security | 45 | €17,084 | €22,805 | +€5,721 | +33.5% |
| Taxes | 450/3 | €813 | - | -€813 | |
| Remuneration and social security | 454/9 | €16,271 | €22,805 | +€6,534 | +40.2% |
| Other amounts payable | 47/48 | €52,711 | €29,711 | -€23,000 | -43.6% |
| Accrued charges and deferred income | 492/3 | €4,850 | €6,601 | +€1,751 | +36.1% |
| Remuneration, social security and pensions | 62 | €158,393 | €234,166 | +€75,774 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,068 | €118,832 | +€32,764 | +38.1% |
| Other operating charges | 640/8 | €8,225 | €8,305 | +€80 | +1.0% |
| Non-recurring operating charges | 66A | €579 | €1,883 | +€1,303 | +225% |
| Gross operating margin | 9900 | €338,417 | €411,149 | +€72,732 | +21.5% |
| Operating profit (loss) | 9901 | €85,151 | €47,962 | -€37,189 | -43.7% |
| Financial income | 75/76B | €350 | €383 | +€33 | +9.4% |
| Recurring financial income | 75 | €350 | €383 | +€33 | +9.4% |
| Financial charges | 65/66B | €15,481 | €21,393 | +€5,912 | +38.2% |
| Recurring financial charges | 65 | €15,481 | €21,393 | +€5,912 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €70,021 | €26,953 | -€43,068 | -61.5% |
| Income taxes | 67/77 | €17,662 | €7,220 | -€10,442 | -59.1% |
| Profit (loss) for the period | 9904 | €52,359 | €19,733 | -€32,626 | -62.3% |
| Transfer from tax-exempt reserves | 789 | €1,512 | €1,512 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,872 | €21,246 | -€32,626 | -60.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.