BAKKERIJ PHILIPPE: 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 PHILIPPE
Largest movements
- Tangible fixed assets -€34,736
down €34,736 (-31.5%), from €110,427 to €75,691
- Cash +€30,857
up €30,857 (+41.4%), from €74,582 to €105,439
mainly Depreciation (+€40,617) and Net result for the year (+€22,191)
- Stocks and contracts +€6,012
up €6,012 (+12.2%), from €49,328 to €55,340
- Receivables after one year -€3,616
down €3,616 (-3.9%), from €92,824 to €89,207
- Profit (loss) carried forward +€22,191
up €22,191 (+9.6%), from €230,949 to €253,139
- Trade debts -€20,687
down €20,687 (-83.0%), from €24,915 to €4,229
- Debts after one year -€10,529
down €10,529 (-43.2%), from €24,391 to €13,862
- Accrued charges and deferred income +€6,862
up €6,862 (+108%), from €6,339 to €13,201
- Current portion of long-term debt -€4,613
down €4,613 (-30.5%), from €15,142 to €10,529
- Gross operating margin -€8,055
down €8,055 (-10.2%), from €79,075 to €71,020
- Taxes +€2,419
up €2,419 (+64.0%), from €3,779 to €6,198
- Staff costs +€2,305
up €2,305 (+1,751%), from €132 to €2,436
- Depreciation -€1,397
down €1,397 (-3.3%), from €42,014 to €40,617
- Financial income +€1,159
up €1,159 (+42.8%), from €2,705 to €3,864
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 | €331,263 | €330,237 | -€1,026 | -0.3% |
| Fixed assets | 21/28 | €110,427 | €75,691 | -€34,736 | -31.5% |
| Tangible fixed assets | 22/27 | €110,427 | €75,691 | -€34,736 | -31.5% |
| Land and buildings | 22 | €32,236 | €23,380 | -€8,855 | -27.5% |
| Plant, machinery and equipment | 23 | €33,797 | €20,618 | -€13,179 | -39.0% |
| Furniture and vehicles | 24 | €44,394 | €31,692 | -€12,702 | -28.6% |
| Current assets | 29/58 | €220,836 | €254,546 | +€33,711 | +15.3% |
| Amounts receivable after more than one year | 29 | €92,824 | €89,207 | -€3,616 | -3.9% |
| Other amounts receivable | 291 | €92,824 | €89,207 | -€3,616 | -3.9% |
| Stocks and contracts in progress | 3 | €49,328 | €55,340 | +€6,012 | +12.2% |
| Stocks | 30/36 | €49,328 | €55,340 | +€6,012 | +12.2% |
| Amounts receivable within one year | 40/41 | €502 | €3,018 | +€2,516 | +501% |
| Other amounts receivable | 41 | €502 | €3,018 | +€2,516 | +501% |
| Cash at bank and in hand | 54/58 | €74,582 | €105,439 | +€30,857 | +41.4% |
| Deferred charges and accrued income | 490/1 | €3,600 | €1,542 | -€2,058 | -57.2% |
| Total equity and liabilities | 10/49 | €331,263 | €330,237 | -€1,026 | -0.3% |
| Equity | 10/15 | €245,209 | €267,399 | +€22,191 | +9.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,949 | €253,139 | +€22,191 | +9.6% |
| Amounts payable | 17/49 | €86,054 | €62,838 | -€23,216 | -27.0% |
| Amounts payable after more than one year | 17 | €24,391 | €13,862 | -€10,529 | -43.2% |
| Financial debts | 170/4 | €24,391 | €13,862 | -€10,529 | -43.2% |
| Amounts payable within one year | 42/48 | €55,324 | €35,774 | -€19,549 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €15,142 | €10,529 | -€4,613 | -30.5% |
| Trade debts | 44 | €24,915 | €4,229 | -€20,687 | -83.0% |
| Suppliers | 440/4 | €24,915 | €4,229 | -€20,687 | -83.0% |
| Taxes, remuneration and social security | 45 | €11,600 | €13,266 | +€1,666 | +14.4% |
| Taxes | 450/3 | €7,947 | €9,536 | +€1,590 | +20.0% |
| Remuneration and social security | 454/9 | €3,653 | €3,730 | +€76 | +2.1% |
| Other amounts payable | 47/48 | €3,667 | €7,751 | +€4,084 | +111% |
| Accrued charges and deferred income | 492/3 | €6,339 | €13,201 | +€6,862 | +108% |
| Remuneration, social security and pensions | 62 | €132 | €2,436 | +€2,305 | +1,751% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,014 | €40,617 | -€1,397 | -3.3% |
| Other operating charges | 640/8 | €1,295 | €1,147 | -€147 | -11.4% |
| Gross operating margin | 9900 | €79,075 | €71,020 | -€8,055 | -10.2% |
| Operating profit (loss) | 9901 | €35,634 | €26,819 | -€8,816 | -24.7% |
| Financial income | 75/76B | €2,705 | €3,864 | +€1,159 | +42.8% |
| Recurring financial income | 75 | €2,705 | €3,864 | +€1,159 | +42.8% |
| Financial charges | 65/66B | €2,831 | €2,295 | -€536 | -18.9% |
| Recurring financial charges | 65 | €2,831 | €2,295 | -€536 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €35,509 | €28,388 | -€7,121 | -20.1% |
| Income taxes | 67/77 | €3,779 | €6,198 | +€2,419 | +64.0% |
| Profit (loss) for the period | 9904 | €31,730 | €22,191 | -€9,539 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,730 | €22,191 | -€9,539 | -30.1% |
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 25 October 2026 via checked.be.