Bakkerij Mortier: 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 Mortier
Largest movements
- Tangible fixed assets -€33,271
down €33,271 (-31.1%), from €106,827 to €73,556
of which Furniture and vehicles: -€18,298
- Receivables within one year +€14,964
up €14,964 (+95.5%), from €15,670 to €30,634
of which Trade receivables: +€19,741
- Profit (loss) carried forward -€157,829
down €157,829 (-85.3%), from €184,939 to €27,110
- Other debts +€135,160
up €135,160 (+325%), from €41,580 to €176,740
- Trade debts +€15,441
up €15,441 (+246%), from €6,286 to €21,727
- Debts after one year -€14,803
down €14,803 (-18.4%), from €80,451 to €65,648
of which Financial debts: -€14,803
- Gross operating margin +€10,953
up €10,953 (+13.1%), from €83,811 to €94,764
- Depreciation -€6,665
down €6,665 (-12.1%), from €54,885 to €48,220
- Staff costs -€5,215
down €5,215 (-72.8%), from €7,161 to €1,946
- Taxes +€4,351
up €4,351 (+137%), from €3,176 to €7,527
- Financial charges +€1,841
up €1,841 (+52.4%), from €3,517 to €5,358
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 | €342,430 | €321,370 | -€21,061 | -6.2% |
| Fixed assets | 21/28 | €121,609 | €85,838 | -€35,771 | -29.4% |
| Intangible fixed assets | 21 | €14,582 | €12,082 | -€2,500 | -17.1% |
| Tangible fixed assets | 22/27 | €106,827 | €73,556 | -€33,271 | -31.1% |
| Plant, machinery and equipment | 23 | €59,209 | €44,236 | -€14,973 | -25.3% |
| Furniture and vehicles | 24 | €47,618 | €29,320 | -€18,298 | -38.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €220,821 | €235,531 | +€14,710 | +6.7% |
| Stocks and contracts in progress | 3 | €10,978 | €12,503 | +€1,526 | +13.9% |
| Stocks | 30/36 | €10,978 | €12,503 | +€1,526 | +13.9% |
| Amounts receivable within one year | 40/41 | €15,670 | €30,634 | +€14,964 | +95.5% |
| Trade receivables | 40 | €1,287 | €21,029 | +€19,741 | +1,534% |
| Other amounts receivable | 41 | €14,383 | €9,606 | -€4,778 | -33.2% |
| Current investments | 50/53 | €65,000 | €65,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,727 | €121,191 | -€2,536 | -2.0% |
| Deferred charges and accrued income | 490/1 | €5,446 | €6,203 | +€757 | +13.9% |
| Total equity and liabilities | 10/49 | €342,430 | €321,370 | -€21,061 | -6.2% |
| Equity | 10/15 | €189,939 | €32,110 | -€157,829 | -83.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,939 | €27,110 | -€157,829 | -85.3% |
| Amounts payable | 17/49 | €152,491 | €289,260 | +€136,769 | +89.7% |
| Amounts payable after more than one year | 17 | €80,451 | €65,648 | -€14,803 | -18.4% |
| Financial debts | 170/4 | €30,451 | €15,648 | -€14,803 | -48.6% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,040 | €223,611 | +€151,571 | +210% |
| Current portion of amounts payable after more than one year | 42 | €14,385 | €14,803 | +€418 | +2.9% |
| Trade debts | 44 | €6,286 | €21,727 | +€15,441 | +246% |
| Suppliers | 440/4 | €6,286 | €21,727 | +€15,441 | +246% |
| Taxes, remuneration and social security | 45 | €9,789 | €10,342 | +€552 | +5.6% |
| Taxes | 450/3 | €8,140 | €7,942 | -€198 | -2.4% |
| Remuneration and social security | 454/9 | €1,649 | €2,400 | +€751 | +45.5% |
| Other amounts payable | 47/48 | €41,580 | €176,740 | +€135,160 | +325% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €7,161 | €1,946 | -€5,215 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,885 | €48,220 | -€6,665 | -12.1% |
| Other operating charges | 640/8 | €5,087 | €4,781 | -€306 | -6.0% |
| Gross operating margin | 9900 | €83,811 | €94,764 | +€10,953 | +13.1% |
| Operating profit (loss) | 9901 | €16,678 | €39,818 | +€23,140 | +139% |
| Financial income | 75/76B | €122 | €176 | +€54 | +44.1% |
| Recurring financial income | 75 | €122 | €176 | +€54 | +44.1% |
| Financial charges | 65/66B | €3,517 | €5,358 | +€1,841 | +52.4% |
| Recurring financial charges | 65 | €3,517 | €5,358 | +€1,841 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €13,284 | €34,637 | +€21,353 | +161% |
| Income taxes | 67/77 | €3,176 | €7,527 | +€4,351 | +137% |
| Profit (loss) for the period | 9904 | €10,108 | €27,110 | +€17,002 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €10,108 | €27,110 | +€17,002 | +168% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.