Breadbox Belgium: 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.
Breadbox Belgium
Largest movements
- Receivables within one year +€96,270
up €96,270 (+18.0%), from €536,058 to €632,328
of which Trade receivables: +€54,511
- Cash -€47,198
down €47,198 (-73.7%), from €64,006 to €16,808
mainly Receivables within one year (-€96,270) and Accrued charges and deferred income (-€1,037)
- Trade debts +€46,068
up €46,068 (+8.8%), from €522,911 to €568,979
- Gross operating margin -€11,511
down €11,511 (-54.9%), from €20,981 to €9,470
- Taxes -€2,690
down €2,690 (-66.6%), from €4,037 to €1,347
- Financial charges -€751
down €751 (-15.5%), from €4,834 to €4,083
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.
Cash bridge derived
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 | €600,065 | €649,136 | +€49,072 | +8.2% |
| Current assets | 29/58 | €600,065 | €649,136 | +€49,072 | +8.2% |
| Amounts receivable within one year | 40/41 | €536,058 | €632,328 | +€96,270 | +18.0% |
| Trade receivables | 40 | €519,758 | €574,269 | +€54,511 | +10.5% |
| Other amounts receivable | 41 | €16,300 | €58,059 | +€41,759 | +256.2% |
| Cash at bank and in hand | 54/58 | €64,006 | €16,808 | -€47,198 | -73.7% |
| Total equity and liabilities | 10/49 | €600,065 | €649,136 | +€49,072 | +8.2% |
| Equity | 10/15 | €65,710 | €69,751 | +€4,041 | +6.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,710 | €54,751 | +€4,041 | +8.0% |
| Amounts payable | 17/49 | €534,355 | €579,386 | +€45,031 | +8.4% |
| Amounts payable within one year | 42/48 | €531,947 | €578,016 | +€46,068 | +8.7% |
| Trade debts | 44 | €522,911 | €568,979 | +€46,068 | +8.8% |
| Suppliers | 440/4 | €522,911 | €568,979 | +€46,068 | +8.8% |
| Taxes, remuneration and social security | 45 | €9,037 | €9,037 | = | 0.0% |
| Taxes | 450/3 | €9,037 | €9,037 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,407 | €1,370 | -€1,037 | -43.1% |
| Gross operating margin | 9900 | €20,981 | €9,470 | -€11,511 | -54.9% |
| Operating profit (loss) | 9901 | €20,981 | €9,470 | -€11,511 | -54.9% |
| Financial charges | 65/66B | €4,834 | €4,083 | -€751 | -15.5% |
| Recurring financial charges | 65 | €4,834 | €4,083 | -€751 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €16,147 | €5,388 | -€10,759 | -66.6% |
| Income taxes | 67/77 | €4,037 | €1,347 | -€2,690 | -66.6% |
| Profit (loss) for the period | 9904 | €12,110 | €4,041 | -€8,070 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,110 | €4,041 | -€8,070 | -66.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.