BREAD & TEA: 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.
BREAD & TEA
Largest movements
- Cash -€3,987
down €3,987 (-91.8%), from €4,342 to €355
mainly Net result for the year (-€13,131) and Debts after one year (-€7,835)
- Receivables within one year -€2,734
no longer reported in 2025 (was €2,734)
- Stocks and contracts -€1,962
no longer reported in 2025 (was €1,962)
- Profit (loss) carried forward -€13,131
down €13,131 (-16.4%), from -€79,867 to -€92,998
- Other debts +€11,227
new in 2025: €11,227
- Debts after one year -€7,835
down €7,835 (-13.2%), from €59,497 to €51,663
- Trade debts +€1,462
up €1,462 (+20.9%), from €6,999 to €8,460
- Tax, wage and social debts -€311
down €311 (-6.7%), from €4,671 to €4,360
of which Taxes: -€1,720
- Gross operating margin -€39,278
down €39,278 (-93.0%), from €42,226 to €2,949
- Staff costs -€1,670
down €1,670 (-10.1%), from €16,475 to €14,804
- Depreciation -€600
no longer reported in 2025 (was €600)
- Financial charges +€471
up €471 (+312%), from €151 to €623
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 | €11,712 | €3,029 | -€8,683 | -74.1% |
| Fixed assets | 21/28 | €2,674 | €2,674 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,174 | €2,174 | = | 0.0% |
| Furniture and vehicles | 24 | €201 | €201 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,973 | €1,973 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €9,039 | €355 | -€8,683 | -96.1% |
| Stocks and contracts in progress | 3 | €1,962 | - | -€1,962 | |
| Stocks | 30/36 | €1,962 | - | -€1,962 | |
| Amounts receivable within one year | 40/41 | €2,734 | - | -€2,734 | |
| Other amounts receivable | 41 | €2,734 | - | -€2,734 | |
| Cash at bank and in hand | 54/58 | €4,342 | €355 | -€3,987 | -91.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €11,712 | €3,029 | -€8,683 | -74.1% |
| Equity | 10/15 | -€61,267 | -€74,398 | -€13,131 | -21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,867 | -€92,998 | -€13,131 | -16.4% |
| Amounts payable | 17/49 | €72,979 | €77,427 | +€4,448 | +6.1% |
| Amounts payable after more than one year | 17 | €59,497 | €51,663 | -€7,835 | -13.2% |
| Other amounts payable | 178/9 | €59,497 | €51,663 | -€7,835 | -13.2% |
| Amounts payable within one year | 42/48 | €11,765 | €24,048 | +€12,282 | +104% |
| Financial debts | 43 | €96 | - | -€96 | |
| Credit institutions | 430/8 | €96 | - | -€96 | |
| Trade debts | 44 | €6,999 | €8,460 | +€1,462 | +20.9% |
| Suppliers | 440/4 | €6,999 | €8,460 | +€1,462 | +20.9% |
| Taxes, remuneration and social security | 45 | €4,671 | €4,360 | -€311 | -6.7% |
| Taxes | 450/3 | €2,180 | €460 | -€1,720 | -78.9% |
| Remuneration and social security | 454/9 | €2,491 | €3,900 | +€1,409 | +56.5% |
| Other amounts payable | 47/48 | - | €11,227 | +€11,227 | |
| Accrued charges and deferred income | 492/3 | €1,717 | €1,717 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,475 | €14,804 | -€1,670 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | - | -€600 | |
| Other operating charges | 640/8 | €702 | €653 | -€48 | -6.9% |
| Gross operating margin | 9900 | €42,226 | €2,949 | -€39,278 | -93.0% |
| Operating profit (loss) | 9901 | €24,451 | -€12,509 | -€36,959 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €151 | €623 | +€471 | +312% |
| Recurring financial charges | 65 | €151 | €623 | +€471 | +312% |
| Profit (loss) for the period before taxes | 9903 | €24,300 | -€13,131 | -€37,431 | |
| Profit (loss) for the period | 9904 | €24,300 | -€13,131 | -€37,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,300 | -€13,131 | -€37,431 |
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 14 October 2026 via checked.be.