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BAKKERIJ VANHESTE: what changed

What changed

BAKKERIJ VANHESTE

BE 1007.534.446
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€38,042
2024 · €40,390-€2,348
Equity
€93,432
2024 · €55,390+€38,042
Cash
€143,744
2024 · €89,479+€54,265
Balance sheet total
€272,073
2024 · €243,805+€28,268

Largest movements

2024 to 2025
Assets
  • Cash +€54,265

    up €54,265 (+60.6%), from €89,479 to €143,744

    mainly Net result for the year (+€38,042) and Depreciation (+€35,526)

  • Tangible fixed assets -€21,051

    down €21,051 (-23.6%), from €89,378 to €68,327

  • Intangible fixed assets -€12,000

    down €12,000 (-22.2%), from €53,984 to €41,984

  • Deferred charges and accrued income +€7,441

    up €7,441 (+389%), from €1,913 to €9,354

Equity and liabilities
  • Reserves +€38,042

    up €38,042 (+94.2%), from €40,390 to €78,432

  • Other debts -€14,987

    down €14,987 (-9.3%), from €161,792 to €146,805

  • Tax, wage and social debts +€3,167

    up €3,167 (+15.8%), from €20,000 to €23,167

    of which Remuneration and social security: +€4,337

Income statement
  • Gross operating margin +€40,329

    up €40,329 (+47.2%), from €85,480 to €125,809

  • Staff costs +€22,130

    up €22,130 (+153%), from €14,490 to €36,620

  • Depreciation +€19,252

    up €19,252 (+118%), from €16,274 to €35,526

  • Financial charges +€2,034

    up €2,034 (+72.0%), from €2,827 to €4,860

Change in the result, 2024 to 2025

effect on the result

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 €40,390
Gross operating margin +€40,329
Staff costs -€22,130
Depreciation -€19,252
Other operating charges +€291
Financial income +€284
Financial charges -€2,034
Taxes +€163
Result 2025 €38,042
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€56,740
Investment -€2,475
Financing €0
Cash 2024 €89,479
Net result for the year +€38,042
Depreciation +€35,526
Stocks and contracts -€710
Receivables within one year +€1,097
Deferred charges and accrued income -€7,441
Trade debts +€2,046
Tax, wage and social debts +€3,167
Other debts -€14,987
Investment in fixed assets (net) -€2,475
Cash 2025 €143,744
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €243,805 €272,073 +€28,268 +11.6%
Fixed assets 21/28 €143,655 €110,604 -€33,051 -23.0%
Intangible fixed assets 21 €53,984 €41,984 -€12,000 -22.2%
Tangible fixed assets 22/27 €89,378 €68,327 -€21,051 -23.6%
Land and buildings 22 €24,665 €17,615 -€7,050 -28.6%
Plant, machinery and equipment 23 €27,307 €21,727 -€5,580 -20.4%
Furniture and vehicles 24 €37,406 €28,985 -€8,421 -22.5%
Financial fixed assets 28 €294 €294 = 0.0%
Current assets 29/58 €100,150 €161,469 +€61,319 +61.2%
Stocks and contracts in progress 3 €3,849 €4,559 +€710 +18.4%
Stocks 30/36 €3,849 €4,559 +€710 +18.4%
Amounts receivable within one year 40/41 €4,908 €3,811 -€1,097 -22.3%
Trade receivables 40 €4,505 €3,297 -€1,208 -26.8%
Other amounts receivable 41 €403 €514 +€111 +27.6%
Cash at bank and in hand 54/58 €89,479 €143,744 +€54,265 +60.6%
Deferred charges and accrued income 490/1 €1,913 €9,354 +€7,441 +389%
Total equity and liabilities 10/49 €243,805 €272,073 +€28,268 +11.6%
Equity 10/15 €55,390 €93,432 +€38,042 +68.7%
Contributions 10/11 €15,000 €15,000 = 0.0%
Reserves 13 €40,390 €78,432 +€38,042 +94.2%
Distributable reserves 133 €40,390 €78,432 +€38,042 +94.2%
Amounts payable 17/49 €188,415 €178,641 -€9,774 -5.2%
Amounts payable within one year 42/48 €188,415 €178,641 -€9,774 -5.2%
Trade debts 44 €6,623 €8,669 +€2,046 +30.9%
Suppliers 440/4 €6,623 €8,669 +€2,046 +30.9%
Taxes, remuneration and social security 45 €20,000 €23,167 +€3,167 +15.8%
Taxes 450/3 €14,127 €12,957 -€1,170 -8.3%
Remuneration and social security 454/9 €5,873 €10,210 +€4,337 +73.9%
Other amounts payable 47/48 €161,792 €146,805 -€14,987 -9.3%
Remuneration, social security and pensions 62 €14,490 €36,620 +€22,130 +153%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,274 €35,526 +€19,252 +118%
Other operating charges 640/8 €1,342 €1,050 -€291 -21.7%
Gross operating margin 9900 €85,480 €125,809 +€40,329 +47.2%
Operating profit (loss) 9901 €53,374 €52,612 -€761 -1.4%
Financial income 75/76B - €284 +€284
Recurring financial income 75 - €284 +€284
Financial charges 65/66B €2,827 €4,860 +€2,034 +72.0%
Recurring financial charges 65 €2,827 €4,860 +€2,034 +72.0%
Profit (loss) for the period before taxes 9903 €50,547 €48,036 -€2,511 -5.0%
Income taxes 67/77 €10,157 €9,994 -€163 -1.6%
Profit (loss) for the period 9904 €40,390 €38,042 -€2,348 -5.8%
Profit (loss) for the period to be appropriated 9905 €40,390 €38,042 -€2,348 -5.8%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.