BAKKOR: what changed
Two fiscal 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.
BAKKOR
Largest movements
- Cash +€53,193
up €53,193 (+70.4%), from €75,532 to €128,725
mainly Net result for the year (+€71,466) and Trade debts (+€34,309)
- Tangible fixed assets +€33,275
up €33,275 (+495.3%), from €6,719 to €39,994
of which Land and buildings: +€37,336
- Receivables within one year -€11,263
down €11,263 (-12.3%), from €91,361 to €80,098
of which Trade receivables: -€54,011
- Profit (loss) carried forward +€41,466
up €41,466 (+48.4%), from €85,747 to €127,214
- Trade debts +€34,309
up €34,309 (+68.2%), from €50,298 to €84,607
of which Suppliers: +€34,309
- Purchases and services +€168,561
up €168,561 (+52.1%), from €323,370 to €491,930
- Gross operating margin +€16,366
up €16,366 (+16.2%), from €100,727 to €117,093
- Taxes +€11,143
up €11,143 (+614.2%), from €1,814 to €12,957
- Depreciation +€8,380
up €8,380 (+167.1%), from €5,015 to €13,395
- Staff costs +€8,108
up €8,108 (+169.8%), from €4,776 to €12,884
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,971 | €250,902 | +€76,931 | +44.2% |
| Fixed assets | 21/28 | €6,719 | €39,994 | +€33,275 | +495.3% |
| Tangible fixed assets | 22/27 | €6,719 | €39,994 | +€33,275 | +495.3% |
| Land and buildings | 22 | - | €37,336 | +€37,336 | |
| Plant, machinery and equipment | 23 | €1,379 | €185 | -€1,194 | -86.6% |
| Furniture and vehicles | 24 | €4,564 | €1,956 | -€2,608 | -57.1% |
| Other tangible fixed assets | 26 | €775 | €517 | -€258 | -33.3% |
| Current assets | 29/58 | €167,253 | €210,908 | +€43,656 | +26.1% |
| Stocks and contracts in progress | 3 | €360 | €2,085 | +€1,725 | +479.2% |
| Stocks | 30/36 | €360 | €2,085 | +€1,725 | +479.2% |
| Amounts receivable within one year | 40/41 | €91,361 | €80,098 | -€11,263 | -12.3% |
| Trade receivables | 40 | €60,575 | €6,564 | -€54,011 | -89.2% |
| Other amounts receivable | 41 | €30,786 | €73,534 | +€42,749 | +138.9% |
| Cash at bank and in hand | 54/58 | €75,532 | €128,725 | +€53,193 | +70.4% |
| Total equity and liabilities | 10/49 | €173,971 | €250,902 | +€76,931 | +44.2% |
| Equity | 10/15 | €92,353 | €133,819 | +€41,466 | +44.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €106 | €106 | = | 0.0% |
| Non-distributable reserves | 130/1 | €106 | €106 | = | 0.0% |
| Reserves not available under the articles | 1311 | €106 | €106 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,747 | €127,214 | +€41,466 | +48.4% |
| Amounts payable | 17/49 | €81,618 | €117,082 | +€35,464 | +43.5% |
| Amounts payable within one year | 42/48 | €81,618 | €117,082 | +€35,464 | +43.5% |
| Trade debts | 44 | €50,298 | €84,607 | +€34,309 | +68.2% |
| Suppliers | 440/4 | €49,484 | €83,793 | +€34,309 | +69.3% |
| Bills of exchange payable | 441 | €814 | €814 | = | 0.0% |
| Advances received on contracts in progress | 46 | - | €920 | +€920 | |
| Taxes, remuneration and social security | 45 | €1,320 | €1,555 | +€235 | +17.8% |
| Taxes | 450/3 | €785 | €953 | +€168 | +21.4% |
| Remuneration and social security | 454/9 | €535 | €602 | +€67 | +12.5% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €323,370 | €491,930 | +€168,561 | +52.1% |
| Remuneration, social security and pensions | 62 | €4,776 | €12,884 | +€8,108 | +169.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,015 | €13,395 | +€8,380 | +167.1% |
| Other operating charges | 640/8 | €488 | €6,215 | +€5,727 | +1173.0% |
| Gross operating margin | 9900 | €100,727 | €117,093 | +€16,366 | +16.2% |
| Operating profit (loss) | 9901 | €90,447 | €84,598 | -€5,849 | -6.5% |
| Financial charges | 65/66B | €103 | €175 | +€72 | +69.8% |
| Recurring financial charges | 65 | €103 | €175 | +€72 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €90,344 | €84,423 | -€5,921 | -6.6% |
| Income taxes | 67/77 | €1,814 | €12,957 | +€11,143 | +614.2% |
| Profit (loss) for the period | 9904 | €88,530 | €71,466 | -€17,064 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,530 | €71,466 | -€17,064 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.