Charles Dossche Pannenkoeken: what changed
Charles Dossche Pannenkoeken
Largest movements
- Tangible fixed assets -€90,355
down €90,355 (-30.4%), from €297,248 to €206,893
of which Furniture and vehicles: -€66,437
- Receivables within one year -€20,187
down €20,187 (-19.4%), from €104,211 to €84,024
of which Other amounts receivable: -€12,995
- Cash +€19,580
up €19,580 (+25.7%), from €76,116 to €95,696
mainly Depreciation (+€60,482) and Net result for the year (+€42,048)
- Debts after one year -€81,638
down €81,638 (-55.4%), from €147,344 to €65,706
- Reserves +€42,100
up €42,100 (+21.8%), from €193,150 to €235,250
of which Tax-exempt reserves: +€42,100
- Trade debts -€34,737
down €34,737 (-48.7%), from €71,295 to €36,557
- Current portion of long-term debt -€12,813
down €12,813 (-19.7%), from €65,044 to €52,231
- Tax, wage and social debts +€5,839
up €5,839 (+297%), from €1,968 to €7,806
of which Remuneration and social security: +€6,458
- Staff costs +€29,066
up €29,066 (+39.4%), from €73,810 to €102,876
- Gross operating margin +€19,783
up €19,783 (+8.8%), from €224,151 to €243,934
- Depreciation -€4,613
down €4,613 (-7.1%), from €65,095 to €60,482
- Taxes -€3,307
down €3,307 (-18.5%), from €17,846 to €14,539
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €494,681 | €409,499 | -€85,182 | -17.2% |
| Fixed assets | 21/28 | €300,856 | €209,448 | -€91,409 | -30.4% |
| Intangible fixed assets | 21 | €3,608 | €2,555 | -€1,054 | -29.2% |
| Tangible fixed assets | 22/27 | €297,248 | €206,893 | -€90,355 | -30.4% |
| Land and buildings | 22 | €55,869 | €57,210 | +€1,341 | +2.4% |
| Plant, machinery and equipment | 23 | €121,412 | €96,153 | -€25,259 | -20.8% |
| Furniture and vehicles | 24 | €119,967 | €53,530 | -€66,437 | -55.4% |
| Current assets | 29/58 | €193,824 | €200,051 | +€6,227 | +3.2% |
| Stocks and contracts in progress | 3 | €12,200 | €14,800 | +€2,600 | +21.3% |
| Stocks | 30/36 | €12,200 | €14,800 | +€2,600 | +21.3% |
| Amounts receivable within one year | 40/41 | €104,211 | €84,024 | -€20,187 | -19.4% |
| Trade receivables | 40 | €61,198 | €54,006 | -€7,192 | -11.8% |
| Other amounts receivable | 41 | €43,013 | €30,019 | -€12,995 | -30.2% |
| Cash at bank and in hand | 54/58 | €76,116 | €95,696 | +€19,580 | +25.7% |
| Deferred charges and accrued income | 490/1 | €1,297 | €5,531 | +€4,234 | +326% |
| Total equity and liabilities | 10/49 | €494,681 | €409,499 | -€85,182 | -17.2% |
| Equity | 10/15 | €195,150 | €237,198 | +€42,048 | +21.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €193,150 | €235,250 | +€42,100 | +21.8% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €42,100 | +€42,100 | |
| Distributable reserves | 133 | €192,950 | €192,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€52 | -€52 | |
| Amounts payable | 17/49 | €299,531 | €172,300 | -€127,230 | -42.5% |
| Amounts payable after more than one year | 17 | €147,344 | €65,706 | -€81,638 | -55.4% |
| Financial debts | 170/4 | €147,344 | €65,706 | -€81,638 | -55.4% |
| Amounts payable within one year | 42/48 | €152,187 | €106,595 | -€45,592 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €65,044 | €52,231 | -€12,813 | -19.7% |
| Trade debts | 44 | €71,295 | €36,557 | -€34,737 | -48.7% |
| Suppliers | 440/4 | €71,295 | €36,557 | -€34,737 | -48.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,968 | €7,806 | +€5,839 | +297% |
| Taxes | 450/3 | €1,885 | €1,266 | -€619 | -32.9% |
| Remuneration and social security | 454/9 | €83 | €6,541 | +€6,458 | +7,806% |
| Other amounts payable | 47/48 | €13,881 | €10,000 | -€3,881 | -28.0% |
| Non-recurring operating income | 76A | €0 | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €73,810 | €102,876 | +€29,066 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,095 | €60,482 | -€4,613 | -7.1% |
| Other operating charges | 640/8 | €14,069 | €15,805 | +€1,736 | +12.3% |
| Gross operating margin | 9900 | €224,151 | €243,934 | +€19,783 | +8.8% |
| Operating profit (loss) | 9901 | €71,177 | €64,771 | -€6,406 | -9.0% |
| Financial income | 75/76B | €1,423 | €1,921 | +€498 | +35.0% |
| Recurring financial income | 75 | €1,423 | €1,921 | +€498 | +35.0% |
| Financial charges | 65/66B | €9,408 | €10,104 | +€696 | +7.4% |
| Recurring financial charges | 65 | €9,408 | €10,082 | +€674 | +7.2% |
| Non-recurring financial charges | 66B | - | €23 | +€23 | |
| Profit (loss) for the period before taxes | 9903 | €63,191 | €56,587 | -€6,604 | -10.5% |
| Income taxes | 67/77 | €17,846 | €14,539 | -€3,307 | -18.5% |
| Profit (loss) for the period | 9904 | €45,345 | €42,048 | -€3,297 | -7.3% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,345 | -€52 | -€45,397 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.