BELGISCH BAKSKE: what changed
BELGISCH BAKSKE
Largest movements
- Cash -€21,901
down €21,901 (-56.0%), from €39,092 to €17,191
mainly Net result for the year (-€14,896) and Investment in fixed assets (net) (-€10,553)
- Receivables within one year -€9,287
down €9,287 (-86.4%), from €10,754 to €1,467
of which Trade receivables: -€9,754
- Stocks and contracts -€2,400
down €2,400 (-18.4%), from €13,017 to €10,617
- Tangible fixed assets -€1,865
down €1,865 (-7.4%), from €25,249 to €23,384
of which Furniture and vehicles: -€1,587
- Profit (loss) carried forward -€14,896
new in 2024: -€14,896
- Other debts -€10,253
down €10,253 (-51.0%), from €20,089 to €9,835
- Trade debts -€8,100
down €8,100 (-39.7%), from €20,398 to €12,299
- Tax, wage and social debts -€1,539
down €1,539 (-18.0%), from €8,543 to €7,004
- Gross operating margin -€57,971
down €57,971 (-75.0%), from €77,330 to €19,359
- Financial income +€7,702
up €7,702 (+3,976%), from €194 to €7,896
of which Financial income: +€7,702
- Taxes -€6,748
down €6,748 (-98.1%), from €6,876 to €128
- Depreciation +€3,446
up €3,446 (+38.4%), from €8,972 to €12,418
- Staff costs +€2,926
up €2,926 (+11.5%), from €25,383 to €28,308
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,381 | €54,928 | -€35,453 | -39.2% |
| Fixed assets | 21/28 | €25,249 | €23,384 | -€1,865 | -7.4% |
| Tangible fixed assets | 22/27 | €25,249 | €23,384 | -€1,865 | -7.4% |
| Plant, machinery and equipment | 23 | €20,779 | €20,502 | -€277 | -1.3% |
| Furniture and vehicles | 24 | €4,470 | €2,883 | -€1,587 | -35.5% |
| Current assets | 29/58 | €65,132 | €31,544 | -€33,588 | -51.6% |
| Stocks and contracts in progress | 3 | €13,017 | €10,617 | -€2,400 | -18.4% |
| Stocks | 30/36 | €13,017 | €10,617 | -€2,400 | -18.4% |
| Amounts receivable within one year | 40/41 | €10,754 | €1,467 | -€9,287 | -86.4% |
| Trade receivables | 40 | €9,754 | - | -€9,754 | |
| Other amounts receivable | 41 | €1,000 | €1,467 | +€467 | +46.7% |
| Cash at bank and in hand | 54/58 | €39,092 | €17,191 | -€21,901 | -56.0% |
| Deferred charges and accrued income | 490/1 | €2,270 | €2,270 | = | 0.0% |
| Total equity and liabilities | 10/49 | €90,381 | €54,928 | -€35,453 | -39.2% |
| Equity | 10/15 | €40,687 | €25,791 | -€14,896 | -36.6% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €34,387 | €34,387 | = | 0.0% |
| Distributable reserves | 133 | €34,387 | €34,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,896 | -€14,896 | |
| Amounts payable | 17/49 | €49,694 | €29,138 | -€20,557 | -41.4% |
| Amounts payable within one year | 42/48 | €49,694 | €29,138 | -€20,557 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €665 | - | -€665 | |
| Trade debts | 44 | €20,398 | €12,299 | -€8,100 | -39.7% |
| Suppliers | 440/4 | €20,398 | €12,299 | -€8,100 | -39.7% |
| Taxes, remuneration and social security | 45 | €8,543 | €7,004 | -€1,539 | -18.0% |
| Taxes | 450/3 | €8,543 | €7,004 | -€1,539 | -18.0% |
| Other amounts payable | 47/48 | €20,089 | €9,835 | -€10,253 | -51.0% |
| Remuneration, social security and pensions | 62 | €25,383 | €28,308 | +€2,926 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,972 | €12,418 | +€3,446 | +38.4% |
| Other operating charges | 640/8 | €2,089 | €1,536 | -€552 | -26.4% |
| Gross operating margin | 9900 | €77,330 | €19,359 | -€57,971 | -75.0% |
| Operating profit (loss) | 9901 | €40,886 | -€22,904 | -€63,790 | |
| Financial income | 75/76B | €194 | €7,896 | +€7,702 | +3,976% |
| Recurring financial income | 75 | €194 | €7,896 | +€7,702 | +3,976% |
| Non-recurring financial income | 76B | €194 | €7,896 | +€7,702 | +3,976% |
| Financial charges | 65/66B | €972 | -€240 | -€1,212 | |
| Recurring financial charges | 65 | €972 | -€240 | -€1,212 | |
| Profit (loss) for the period before taxes | 9903 | €40,108 | -€14,768 | -€54,876 | |
| Income taxes | 67/77 | €6,876 | €128 | -€6,748 | -98.1% |
| Profit (loss) for the period | 9904 | €33,232 | -€14,896 | -€48,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,232 | -€14,896 | -€48,128 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.