Bakkerij Steurs: 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 Steurs
Largest movements
- Current investments -€44,995
down €44,995 (-24.9%), from €181,030 to €136,035
- Tangible fixed assets -€14,780
down €14,780 (-36.5%), from €40,479 to €25,699
of which Land and buildings: -€13,129
- Receivables within one year +€7,077
up €7,077 (+2.7%), from €261,115 to €268,192
- Other debts -€62,145
no longer reported in 2025 (was €62,145)
- Reserves +€22,014
up €22,014 (+5.8%), from €380,655 to €402,669
- Debts after one year -€12,496
down €12,496 (-34.7%), from €35,980 to €23,484
- Profit (loss) carried forward +€6,789
no longer reported in 2025 (was -€6,789)
- Gross operating margin +€41,435
up €41,435 (+6,029%), from €687 to €42,122
- Taxes +€11,969
up €11,969 (+1,751%), from €684 to €12,653
- Other operating charges -€4,490
down €4,490 (-68.8%), from €6,526 to €2,036
- Financial charges -€1,500
down €1,500 (-39.0%), from €3,848 to €2,348
- Depreciation -€757
down €757 (-4.9%), from €15,537 to €14,780
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 | €491,409 | €440,955 | -€50,454 | -10.3% |
| Fixed assets | 21/28 | €40,479 | €25,699 | -€14,780 | -36.5% |
| Tangible fixed assets | 22/27 | €40,479 | €25,699 | -€14,780 | -36.5% |
| Land and buildings | 22 | €36,771 | €23,643 | -€13,129 | -35.7% |
| Furniture and vehicles | 24 | €3,708 | €2,057 | -€1,651 | -44.5% |
| Current assets | 29/58 | €450,930 | €415,256 | -€35,674 | -7.9% |
| Amounts receivable within one year | 40/41 | €261,115 | €268,192 | +€7,077 | +2.7% |
| Other amounts receivable | 41 | €261,115 | €268,192 | +€7,077 | +2.7% |
| Current investments | 50/53 | €181,030 | €136,035 | -€44,995 | -24.9% |
| Cash at bank and in hand | 54/58 | €8,120 | €10,858 | +€2,738 | +33.7% |
| Deferred charges and accrued income | 490/1 | €664 | €170 | -€494 | -74.5% |
| Total equity and liabilities | 10/49 | €491,409 | €440,955 | -€50,454 | -10.3% |
| Equity | 10/15 | €374,867 | €403,669 | +€28,803 | +7.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €380,655 | €402,669 | +€22,014 | +5.8% |
| Distributable reserves | 133 | €380,655 | €402,669 | +€22,014 | +5.8% |
| Profit (loss) carried forward | 14 | -€6,789 | - | +€6,789 | |
| Amounts payable | 17/49 | €116,542 | €37,285 | -€79,257 | -68.0% |
| Amounts payable after more than one year | 17 | €35,980 | €23,484 | -€12,496 | -34.7% |
| Financial debts | 170/4 | €35,980 | €23,484 | -€12,496 | -34.7% |
| Amounts payable within one year | 42/48 | €80,563 | €13,802 | -€66,761 | -82.9% |
| Current portion of amounts payable after more than one year | 42 | €11,867 | €12,496 | +€629 | +5.3% |
| Trade debts | 44 | €2,424 | €1,305 | -€1,119 | -46.2% |
| Suppliers | 440/4 | €2,424 | €1,305 | -€1,119 | -46.2% |
| Taxes, remuneration and social security | 45 | €4,127 | - | -€4,127 | |
| Taxes | 450/3 | €4,127 | - | -€4,127 | |
| Other amounts payable | 47/48 | €62,145 | - | -€62,145 | |
| Remuneration, social security and pensions | 62 | -€755 | - | +€755 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,537 | €14,780 | -€757 | -4.9% |
| Other operating charges | 640/8 | €6,526 | €2,036 | -€4,490 | -68.8% |
| Gross operating margin | 9900 | €687 | €42,122 | +€41,435 | +6,029% |
| Operating profit (loss) | 9901 | -€20,621 | €25,306 | +€45,927 | |
| Financial income | 75/76B | €18,364 | €18,597 | +€234 | +1.3% |
| Recurring financial income | 75 | €18,364 | €18,597 | +€234 | +1.3% |
| Financial charges | 65/66B | €3,848 | €2,348 | -€1,500 | -39.0% |
| Recurring financial charges | 65 | €3,848 | €2,348 | -€1,500 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,105 | €41,556 | +€47,661 | |
| Income taxes | 67/77 | €684 | €12,653 | +€11,969 | +1,751% |
| Profit (loss) for the period | 9904 | -€6,789 | €28,903 | +€35,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,789 | €28,903 | +€35,692 |
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 29 October 2026 via checked.be.