BAKKERIJ PIOT: what changed
BAKKERIJ PIOT
Largest movements
- Tangible fixed assets +€64,288
up €64,288 (+79.8%), from €80,558 to €144,846
of which Land and buildings: +€45,295
- Cash +€25,215
up €25,215 (+905%), from €2,787 to €28,002
mainly Debts after one year (+€111,712) and Receivables within one year (+€20,309)
- Receivables within one year -€20,309
down €20,309 (-39.0%), from €52,061 to €31,752
of which Trade receivables: -€15,457
- Debts after one year +€111,712
new in 2025: €111,712
- Trade debts -€63,707
down €63,707 (-84.4%), from €75,521 to €11,814
- Current portion of long-term debt +€11,130
up €11,130 (+521%), from €2,134 to €13,265
- Profit (loss) carried forward +€9,864
up €9,864 (+33.3%), from €29,646 to €39,511
- Gross operating margin +€11,081
up €11,081 (+67.1%), from €16,527 to €27,608
- Financial charges +€5,219
up €5,219 (+6,531%), from €80 to €5,299
- Depreciation -€2,919
down €2,919 (-19.3%), from €15,130 to €12,212
- Taxes -€386
no longer reported in 2025 (was €386)
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 | €135,406 | €204,600 | +€69,194 | +51.1% |
| Fixed assets | 21/28 | €80,558 | €144,846 | +€64,288 | +79.8% |
| Tangible fixed assets | 22/27 | €80,558 | €144,846 | +€64,288 | +79.8% |
| Land and buildings | 22 | €62,796 | €108,091 | +€45,295 | +72.1% |
| Plant, machinery and equipment | 23 | €5,040 | €3,360 | -€1,680 | -33.3% |
| Furniture and vehicles | 24 | €0 | €24,126 | +€24,126 | |
| Leasing and similar rights | 25 | €9,782 | €9,269 | -€513 | -5.2% |
| Other tangible fixed assets | 26 | €2,940 | €0 | -€2,940 | -100% |
| Current assets | 29/58 | €54,848 | €59,754 | +€4,906 | +8.9% |
| Amounts receivable within one year | 40/41 | €52,061 | €31,752 | -€20,309 | -39.0% |
| Trade receivables | 40 | €16,080 | €623 | -€15,457 | -96.1% |
| Other amounts receivable | 41 | €35,981 | €31,129 | -€4,852 | -13.5% |
| Cash at bank and in hand | 54/58 | €2,787 | €28,002 | +€25,215 | +905% |
| Total equity and liabilities | 10/49 | €135,406 | €204,600 | +€69,194 | +51.1% |
| Equity | 10/15 | €57,146 | €67,011 | +€9,864 | +17.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | - | -€25,000 | |
| Other | 1109/19 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €2,500 | €2,500 | = | 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% |
| Profit (loss) carried forward | 14 | €29,646 | €39,511 | +€9,864 | +33.3% |
| Amounts payable | 17/49 | €78,260 | €137,589 | +€59,330 | +75.8% |
| Amounts payable after more than one year | 17 | - | €111,712 | +€111,712 | |
| Financial debts | 170/4 | - | €111,712 | +€111,712 | |
| Amounts payable within one year | 42/48 | €78,260 | €25,079 | -€53,181 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €2,134 | €13,265 | +€11,130 | +521% |
| Trade debts | 44 | €75,521 | €11,814 | -€63,707 | -84.4% |
| Suppliers | 440/4 | €75,521 | €11,814 | -€63,707 | -84.4% |
| Taxes, remuneration and social security | 45 | €604 | €0 | -€604 | -100% |
| Taxes | 450/3 | €604 | €0 | -€604 | -100% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €798 | +€798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,130 | €12,212 | -€2,919 | -19.3% |
| Other operating charges | 640/8 | €175 | €233 | +€58 | +33.1% |
| Gross operating margin | 9900 | €16,527 | €27,608 | +€11,081 | +67.1% |
| Operating profit (loss) | 9901 | €1,221 | €15,163 | +€13,942 | +1,142% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €80 | €5,299 | +€5,219 | +6,531% |
| Recurring financial charges | 65 | €80 | €5,299 | +€5,219 | +6,531% |
| Profit (loss) for the period before taxes | 9903 | €1,141 | €9,864 | +€8,723 | +764% |
| Income taxes | 67/77 | €386 | - | -€386 | |
| Profit (loss) for the period | 9904 | €755 | €9,864 | +€9,109 | +1,206% |
| Profit (loss) for the period to be appropriated | 9905 | €755 | €9,864 | +€9,109 | +1,206% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.