BAKKERIJ MOEREMANS: what changed
What changed
BAKKERIJ MOEREMANS
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
filed annual accounts (NBB)
Net result for the year
€1,995
2024 · €12,017-€10,022
Equity
€90,321
2024 · €88,326+€1,995
Cash
€21,236
2024 · €19,912+€1,324
Balance sheet total
€143,161
2024 · €149,319-€6,158
Largest movements
Assets
- Receivables within one year -€9,581
down €9,581 (-10.9%), from €87,831 to €78,250
of which Trade receivables: -€5,274
- Tangible fixed assets +€4,283
up €4,283 (+12.3%), from €34,829 to €39,112
of which Plant, machinery and equipment: +€6,588
- Deferred charges and accrued income -€1,747
no longer reported in 2025 (was €1,747)
Equity and liabilities
- Debts after one year -€11,299
down €11,299 (-47.3%), from €23,871 to €12,572
- Tax, wage and social debts +€2,617
up €2,617 (+11.3%), from €23,091 to €25,708
of which Remuneration and social security: +€4,319
- Profit (loss) carried forward +€1,995
up €1,995 (+6.5%), from €30,719 to €32,714
Income statement
- Staff costs +€29,584
up €29,584 (+83.0%), from €35,653 to €65,237
- Gross operating margin +€18,299
up €18,299 (+28.9%), from €63,232 to €81,530
- Taxes -€4,662
down €4,662 (-82.6%), from €5,645 to €983
- Depreciation +€1,163
up €1,163 (+19.1%), from €6,095 to €7,259
- Financial charges +€1,137
up €1,137 (+37.0%), from €3,075 to €4,212
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
€12,017
Gross operating margin
+€18,299
Staff costs
-€29,584
Depreciation
-€1,163
Other operating charges
-€963
Financial income
-€136
Financial charges
-€1,137
Taxes
+€4,662
Result 2025
€1,995
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
+€23,878
Investment
-€11,542
Financing
-€11,013
Cash 2024
€19,912
From operations (derived)
+€23,878
Net result for the year
+€1,995
Depreciation
+€7,259
Stocks and contracts
+€436
Receivables within one year
+€9,581
Deferred charges and accrued income
+€1,747
Trade debts
+€242
Tax, wage and social debts
+€2,617
Investment (derived)
-€11,542
Investment in fixed assets (net)
-€11,542
Financing
-€11,013
Debts after one year
-€11,299
Current portion of long-term debt
+€286
Cash 2025
€21,236
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,319 | €143,161 | -€6,158 | -4.1% |
| Fixed assets | 21/28 | €35,029 | €39,312 | +€4,283 | +12.2% |
| Tangible fixed assets | 22/27 | €34,829 | €39,112 | +€4,283 | +12.3% |
| Plant, machinery and equipment | 23 | €8,838 | €15,426 | +€6,588 | +74.5% |
| Furniture and vehicles | 24 | €3,416 | €2,255 | -€1,161 | -34.0% |
| Other tangible fixed assets | 26 | €22,575 | €21,431 | -€1,144 | -5.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €114,290 | €103,849 | -€10,441 | -9.1% |
| Stocks and contracts in progress | 3 | €4,799 | €4,362 | -€436 | -9.1% |
| Stocks | 30/36 | €4,799 | €4,362 | -€436 | -9.1% |
| Amounts receivable within one year | 40/41 | €87,831 | €78,250 | -€9,581 | -10.9% |
| Trade receivables | 40 | €7,438 | €2,164 | -€5,274 | -70.9% |
| Other amounts receivable | 41 | €80,393 | €76,086 | -€4,307 | -5.4% |
| Cash at bank and in hand | 54/58 | €19,912 | €21,236 | +€1,324 | +6.6% |
| Deferred charges and accrued income | 490/1 | €1,747 | - | -€1,747 | |
| Total equity and liabilities | 10/49 | €149,319 | €143,161 | -€6,158 | -4.1% |
| Equity | 10/15 | €88,326 | €90,321 | +€1,995 | +2.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €26,621 | €26,621 | = | 0.0% |
| Distributable reserves | 133 | €26,621 | €26,621 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,719 | €32,714 | +€1,995 | +6.5% |
| Amounts payable | 17/49 | €60,993 | €52,840 | -€8,153 | -13.4% |
| Amounts payable after more than one year | 17 | €23,871 | €12,572 | -€11,299 | -47.3% |
| Financial debts | 170/4 | €23,871 | €12,572 | -€11,299 | -47.3% |
| Amounts payable within one year | 42/48 | €37,122 | €40,268 | +€3,146 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €11,013 | €11,299 | +€286 | +2.6% |
| Financial debts | 43 | €6 | €6 | = | 0.0% |
| Credit institutions | 430/8 | €6 | €6 | = | 0.0% |
| Trade debts | 44 | €3,012 | €3,255 | +€242 | +8.0% |
| Suppliers | 440/4 | €3,012 | €3,255 | +€242 | +8.0% |
| Taxes, remuneration and social security | 45 | €23,091 | €25,708 | +€2,617 | +11.3% |
| Taxes | 450/3 | €16,520 | €14,819 | -€1,702 | -10.3% |
| Remuneration and social security | 454/9 | €6,570 | €10,889 | +€4,319 | +65.7% |
| Remuneration, social security and pensions | 62 | €35,653 | €65,237 | +€29,584 | +83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,095 | €7,259 | +€1,163 | +19.1% |
| Other operating charges | 640/8 | €886 | €1,848 | +€963 | +109% |
| Gross operating margin | 9900 | €63,232 | €81,530 | +€18,299 | +28.9% |
| Operating profit (loss) | 9901 | €20,598 | €7,187 | -€13,411 | -65.1% |
| Financial income | 75/76B | €139 | €3 | -€136 | -98.1% |
| Recurring financial income | 75 | €139 | €3 | -€136 | -98.1% |
| Financial charges | 65/66B | €3,075 | €4,212 | +€1,137 | +37.0% |
| Recurring financial charges | 65 | €3,075 | €4,212 | +€1,137 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €17,662 | €2,978 | -€14,684 | -83.1% |
| Income taxes | 67/77 | €5,645 | €983 | -€4,662 | -82.6% |
| Profit (loss) for the period | 9904 | €12,017 | €1,995 | -€10,022 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,017 | €1,995 | -€10,022 | -83.4% |
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 5 November 2026 via checked.be.