Bakkersdochter: 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.
Bakkersdochter
Largest movements
- Cash +€120,227
up €120,227 (+54.8%), from €219,321 to €339,548
mainly Net result for the year (+€118,989) and Tax, wage and social debts (+€17,953)
- Tangible fixed assets -€11,257
down €11,257 (-20.1%), from €55,912 to €44,655
- Receivables within one year +€4,411
up €4,411 (+150%), from €2,949 to €7,360
of which Trade receivables: +€5,933
- Reserves +€118,989
up €118,989 (+52.8%), from €225,211 to €344,201
- Tax, wage and social debts +€17,953
up €17,953 (+114%), from €15,689 to €33,643
of which Taxes: +€12,785
- Other debts -€12,696
down €12,696 (-49.9%), from €25,453 to €12,757
- Trade debts -€12,103
down €12,103 (-55.4%), from €21,864 to €9,760
- Gross operating margin +€69,090
up €69,090 (+39.4%), from €175,190 to €244,281
- Staff costs +€24,591
up €24,591 (+84.8%), from €29,009 to €53,600
- Taxes +€14,647
up €14,647 (+41.9%), from €34,945 to €49,592
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 | €291,217 | €403,361 | +€112,144 | +38.5% |
| Fixed assets | 21/28 | €63,983 | €52,011 | -€11,972 | -18.7% |
| Intangible fixed assets | 21 | €2,971 | €2,256 | -€714 | -24.0% |
| Tangible fixed assets | 22/27 | €55,912 | €44,655 | -€11,257 | -20.1% |
| Land and buildings | 22 | €648 | €348 | -€300 | -46.3% |
| Plant, machinery and equipment | 23 | €21,534 | €16,487 | -€5,047 | -23.4% |
| Furniture and vehicles | 24 | €9,532 | €6,851 | -€2,681 | -28.1% |
| Other tangible fixed assets | 26 | €24,199 | €20,969 | -€3,230 | -13.3% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €227,235 | €351,350 | +€124,115 | +54.6% |
| Stocks and contracts in progress | 3 | €2,960 | €2,960 | = | 0.0% |
| Stocks | 30/36 | €2,960 | €2,960 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,949 | €7,360 | +€4,411 | +150% |
| Trade receivables | 40 | €1,174 | €7,107 | +€5,933 | +505% |
| Other amounts receivable | 41 | €1,775 | €253 | -€1,522 | -85.7% |
| Cash at bank and in hand | 54/58 | €219,321 | €339,548 | +€120,227 | +54.8% |
| Deferred charges and accrued income | 490/1 | €2,005 | €1,482 | -€523 | -26.1% |
| Total equity and liabilities | 10/49 | €291,217 | €403,361 | +€112,144 | +38.5% |
| Equity | 10/15 | €228,211 | €347,201 | +€118,989 | +52.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €225,211 | €344,201 | +€118,989 | +52.8% |
| Distributable reserves | 133 | €225,211 | €344,201 | +€118,989 | +52.8% |
| Amounts payable | 17/49 | €63,006 | €56,160 | -€6,846 | -10.9% |
| Amounts payable within one year | 42/48 | €63,006 | €56,160 | -€6,846 | -10.9% |
| Trade debts | 44 | €21,864 | €9,760 | -€12,103 | -55.4% |
| Suppliers | 440/4 | €21,864 | €9,760 | -€12,103 | -55.4% |
| Taxes, remuneration and social security | 45 | €15,689 | €33,643 | +€17,953 | +114% |
| Taxes | 450/3 | €8,281 | €21,067 | +€12,785 | +154% |
| Remuneration and social security | 454/9 | €7,408 | €12,576 | +€5,168 | +69.8% |
| Other amounts payable | 47/48 | €25,453 | €12,757 | -€12,696 | -49.9% |
| Remuneration, social security and pensions | 62 | €29,009 | €53,600 | +€24,591 | +84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,502 | €14,462 | -€40 | -0.3% |
| Other operating charges | 640/8 | €3,313 | €3,994 | +€681 | +20.5% |
| Gross operating margin | 9900 | €175,190 | €244,281 | +€69,090 | +39.4% |
| Operating profit (loss) | 9901 | €128,367 | €172,225 | +€43,858 | +34.2% |
| Financial income | 75/76B | €3 | €1 | -€2 | -65.4% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -65.4% |
| Financial charges | 65/66B | €2,744 | €3,645 | +€900 | +32.8% |
| Recurring financial charges | 65 | €2,744 | €3,645 | +€900 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €125,625 | €168,581 | +€42,956 | +34.2% |
| Income taxes | 67/77 | €34,945 | €49,592 | +€14,647 | +41.9% |
| Profit (loss) for the period | 9904 | €90,680 | €118,989 | +€28,310 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,680 | €118,989 | +€28,310 | +31.2% |
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 1 November 2026 via checked.be.