BERTS BAKKERIJ: 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.
BERTS BAKKERIJ
Largest movements
- Tangible fixed assets -€39,684
down €39,684 (-21.4%), from €185,025 to €145,341
of which Plant, machinery and equipment: -€32,811
- Deferred charges and accrued income +€10,025
up €10,025 (+681%), from €1,473 to €11,498
- Receivables within one year +€6,110
up €6,110 (+15.4%), from €39,742 to €45,852
of which Trade receivables: +€18,028
- Cash +€4,361
up €4,361 (+5.5%), from €78,973 to €83,334
mainly Net result for the year (+€187,839) and Depreciation (+€44,330)
- Intangible fixed assets -€4,028
down €4,028 (-21.8%), from €18,454 to €14,427
- Reserves +€72,839
up €72,839 (+119%), from €61,135 to €133,974
- Other debts -€54,532
down €54,532 (-32.0%), from €170,669 to €116,137
- Trade debts -€23,855
down €23,855 (-45.0%), from €52,997 to €29,142
- Accrued charges and deferred income -€23,269
down €23,269 (-96.9%), from €24,021 to €752
- Tax, wage and social debts +€5,601
up €5,601 (+31.4%), from €17,845 to €23,446
- Depreciation +€26,670
up €26,670 (+151%), from €17,661 to €44,330
- Gross operating margin +€5,290
up €5,290 (+1.2%), from €448,353 to €453,643
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 | €328,667 | €305,452 | -€23,215 | -7.1% |
| Fixed assets | 21/28 | €203,479 | €159,768 | -€43,712 | -21.5% |
| Intangible fixed assets | 21 | €18,454 | €14,427 | -€4,028 | -21.8% |
| Tangible fixed assets | 22/27 | €185,025 | €145,341 | -€39,684 | -21.4% |
| Land and buildings | 22 | €27,480 | €21,663 | -€5,817 | -21.2% |
| Plant, machinery and equipment | 23 | €150,339 | €117,528 | -€32,811 | -21.8% |
| Furniture and vehicles | 24 | €7,205 | €6,149 | -€1,056 | -14.7% |
| Current assets | 29/58 | €125,188 | €145,684 | +€20,497 | +16.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,742 | €45,852 | +€6,110 | +15.4% |
| Trade receivables | 40 | €19,694 | €37,722 | +€18,028 | +91.5% |
| Other amounts receivable | 41 | €20,048 | €8,131 | -€11,917 | -59.4% |
| Cash at bank and in hand | 54/58 | €78,973 | €83,334 | +€4,361 | +5.5% |
| Deferred charges and accrued income | 490/1 | €1,473 | €11,498 | +€10,025 | +681% |
| Total equity and liabilities | 10/49 | €328,667 | €305,452 | -€23,215 | -7.1% |
| Equity | 10/15 | €63,135 | €135,974 | +€72,839 | +115% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €61,135 | €133,974 | +€72,839 | +119% |
| Distributable reserves | 133 | €61,135 | €133,974 | +€72,839 | +119% |
| Amounts payable | 17/49 | €265,532 | €169,478 | -€96,054 | -36.2% |
| Amounts payable within one year | 42/48 | €241,510 | €168,725 | -€72,785 | -30.1% |
| Trade debts | 44 | €52,997 | €29,142 | -€23,855 | -45.0% |
| Suppliers | 440/4 | €52,997 | €29,142 | -€23,855 | -45.0% |
| Taxes, remuneration and social security | 45 | €17,845 | €23,446 | +€5,601 | +31.4% |
| Remuneration and social security | 454/9 | €17,845 | €23,446 | +€5,601 | +31.4% |
| Other amounts payable | 47/48 | €170,669 | €116,137 | -€54,532 | -32.0% |
| Accrued charges and deferred income | 492/3 | €24,021 | €752 | -€23,269 | -96.9% |
| Remuneration, social security and pensions | 62 | €202,380 | €201,044 | -€1,336 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,661 | €44,330 | +€26,670 | +151% |
| Other operating charges | 640/8 | €25 | €296 | +€271 | +1,084% |
| Gross operating margin | 9900 | €448,353 | €453,643 | +€5,290 | +1.2% |
| Operating profit (loss) | 9901 | €228,287 | €207,972 | -€20,315 | -8.9% |
| Financial income | 75/76B | €1,018 | €1,224 | +€207 | +20.3% |
| Recurring financial income | 75 | €1,018 | €1,224 | +€207 | +20.3% |
| Financial charges | 65/66B | €2,312 | €2,253 | -€59 | -2.5% |
| Recurring financial charges | 65 | €1,838 | €1,727 | -€111 | -6.0% |
| Non-recurring financial charges | 66B | €474 | €526 | +€52 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €226,993 | €206,943 | -€20,049 | -8.8% |
| Income taxes | 67/77 | €15,857 | €19,104 | +€3,247 | +20.5% |
| Profit (loss) for the period | 9904 | €211,135 | €187,839 | -€23,296 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €211,135 | €187,839 | -€23,296 | -11.0% |
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 20 October 2026 via checked.be.