BREADERS: 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.
BREADERS
Largest movements
- Receivables within one year -€12,274
down €12,274 (-88.8%), from €13,815 to €1,542
of which Trade receivables: -€12,892
- Trade debts -€5,728
no longer reported in 2023 (was €5,728)
- Tax, wage and social debts -€5,327
no longer reported in 2023 (was €5,327)
of which Remuneration and social security: -€5,089
- Profit (loss) carried forward -€2,593
down €2,593 (-20.7%), from -€12,542 to -€15,135
- Other debts +€1,174
up €1,174 (+3.9%), from €29,804 to €30,978
- Staff costs -€25,597
no longer reported in 2023 (was €25,597)
- Gross operating margin -€19,290
down €19,290, from €17,477 to -€1,813
- Depreciation -€3,750
no longer reported in 2023 (was €3,750)
- Other operating charges +€578
up €578 (+816%), from €71 to €649
- Financial charges -€470
down €470 (-78.1%), from €602 to €132
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,318 | €35,909 | -€12,409 | -25.7% |
| Fixed assets | 21/28 | €33,750 | €33,854 | +€104 | +0.3% |
| Intangible fixed assets | 21 | €33,750 | €33,750 | = | 0.0% |
| Financial fixed assets | 28 | - | €104 | +€104 | |
| Current assets | 29/58 | €14,568 | €2,055 | -€12,513 | -85.9% |
| Amounts receivable within one year | 40/41 | €13,815 | €1,542 | -€12,274 | -88.8% |
| Trade receivables | 40 | €12,892 | - | -€12,892 | |
| Other amounts receivable | 41 | €923 | €1,542 | +€618 | +67.0% |
| Cash at bank and in hand | 54/58 | €314 | €513 | +€200 | +63.6% |
| Deferred charges and accrued income | 490/1 | €439 | - | -€439 | |
| Total equity and liabilities | 10/49 | €48,318 | €35,909 | -€12,409 | -25.7% |
| Equity | 10/15 | €7,458 | €4,865 | -€2,593 | -34.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,542 | -€15,135 | -€2,593 | -20.7% |
| Amounts payable | 17/49 | €40,860 | €31,044 | -€9,816 | -24.0% |
| Amounts payable within one year | 42/48 | €40,860 | €31,044 | -€9,816 | -24.0% |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €5,728 | - | -€5,728 | |
| Suppliers | 440/4 | €5,728 | - | -€5,728 | |
| Taxes, remuneration and social security | 45 | €5,327 | - | -€5,327 | |
| Taxes | 450/3 | €238 | - | -€238 | |
| Remuneration and social security | 454/9 | €5,089 | - | -€5,089 | |
| Other amounts payable | 47/48 | €29,804 | €30,978 | +€1,174 | +3.9% |
| Remuneration, social security and pensions | 62 | €25,597 | - | -€25,597 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | - | -€3,750 | |
| Other operating charges | 640/8 | €71 | €649 | +€578 | +816% |
| Gross operating margin | 9900 | €17,477 | -€1,813 | -€19,290 | |
| Operating profit (loss) | 9901 | -€11,940 | -€2,461 | +€9,479 | +79.4% |
| Financial charges | 65/66B | €602 | €132 | -€470 | -78.1% |
| Recurring financial charges | 65 | €602 | €132 | -€470 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
| Profit (loss) for the period | 9904 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.