BAKKERIJ VANHESTE: what changed
BAKKERIJ VANHESTE
Largest movements
- 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
- 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
- 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
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 | €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% |
Next steps
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.