DE BACKERY: 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.
DE BACKERY
Largest movements
- Receivables within one year -€120,895
down €120,895 (-68.9%), from €175,537 to €54,642
of which Other amounts receivable: -€119,426
- Cash +€32,472
up €32,472 (+100.3%), from €32,390 to €64,862
mainly Receivables within one year (+€120,895) and Net result for the year (+€30,708)
- Stocks and contracts +€11,155
up €11,155 (+110.0%), from €10,145 to €21,300
- Formation expenses -€7,250
down €7,250 (-47.0%), from €15,418 to €8,168
- Deferred charges and accrued income +€3,879
up €3,879 (+127.6%), from €3,041 to €6,920
- Trade debts -€115,111
down €115,111 (-72.9%), from €157,897 to €42,787
- Profit (loss) carried forward +€30,708
up €30,708 (+116.2%), from €26,437 to €57,145
- Tax, wage and social debts +€3,073
up €3,073 (+5.6%), from €55,287 to €58,359
of which Taxes: +€11,877
- Gross operating margin +€14,107
up €14,107 (+3.9%), from €361,190 to €375,297
- Taxes +€9,768
up €9,768 (+325.9%), from €2,997 to €12,765
- Staff costs -€7,423
down €7,423 (-2.3%), from €325,412 to €317,989
- Financial income +€6,904
up €6,904 (+2628.8%), from €263 to €7,166
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 | €245,821 | €164,491 | -€81,330 | -33.1% |
| Formation expenses | 20 | €15,418 | €8,168 | -€7,250 | -47.0% |
| Fixed assets | 21/28 | €9,290 | €8,598 | -€691 | -7.4% |
| Tangible fixed assets | 22/27 | €7,190 | €6,498 | -€691 | -9.6% |
| Plant, machinery and equipment | 23 | €6,443 | €5,922 | -€521 | -8.1% |
| Other tangible fixed assets | 26 | €747 | €577 | -€170 | -22.8% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €221,113 | €147,724 | -€73,389 | -33.2% |
| Stocks and contracts in progress | 3 | €10,145 | €21,300 | +€11,155 | +110.0% |
| Stocks | 30/36 | €10,145 | €21,300 | +€11,155 | +110.0% |
| Amounts receivable within one year | 40/41 | €175,537 | €54,642 | -€120,895 | -68.9% |
| Trade receivables | 40 | €1,469 | - | -€1,469 | |
| Other amounts receivable | 41 | €174,068 | €54,642 | -€119,426 | -68.6% |
| Cash at bank and in hand | 54/58 | €32,390 | €64,862 | +€32,472 | +100.3% |
| Deferred charges and accrued income | 490/1 | €3,041 | €6,920 | +€3,879 | +127.6% |
| Total equity and liabilities | 10/49 | €245,821 | €164,491 | -€81,330 | -33.1% |
| Equity | 10/15 | €32,637 | €63,345 | +€30,708 | +94.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,437 | €57,145 | +€30,708 | +116.2% |
| Amounts payable | 17/49 | €213,184 | €101,146 | -€112,038 | -52.6% |
| Amounts payable within one year | 42/48 | €213,184 | €101,146 | -€112,038 | -52.6% |
| Trade debts | 44 | €157,897 | €42,787 | -€115,111 | -72.9% |
| Suppliers | 440/4 | €157,897 | €42,787 | -€115,111 | -72.9% |
| Taxes, remuneration and social security | 45 | €55,287 | €58,359 | +€3,073 | +5.6% |
| Taxes | 450/3 | €3,886 | €15,763 | +€11,877 | +305.6% |
| Remuneration and social security | 454/9 | €51,401 | €42,596 | -€8,804 | -17.1% |
| Remuneration, social security and pensions | 62 | €325,412 | €317,989 | -€7,423 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,862 | €7,941 | -€1,920 | -19.5% |
| Other operating charges | 640/8 | €2,804 | €852 | -€1,952 | -69.6% |
| Gross operating margin | 9900 | €361,190 | €375,297 | +€14,107 | +3.9% |
| Operating profit (loss) | 9901 | €23,112 | €48,515 | +€25,402 | +109.9% |
| Financial income | 75/76B | €263 | €7,166 | +€6,904 | +2628.8% |
| Recurring financial income | 75 | €263 | €7,166 | +€6,904 | +2628.8% |
| Financial charges | 65/66B | €14,884 | €12,207 | -€2,677 | -18.0% |
| Recurring financial charges | 65 | €14,884 | €12,207 | -€2,677 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €8,491 | €43,474 | +€34,983 | +412.0% |
| Income taxes | 67/77 | €2,997 | €12,765 | +€9,768 | +325.9% |
| Profit (loss) for the period | 9904 | €5,493 | €30,708 | +€25,215 | +459.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,493 | €30,708 | +€25,215 | +459.0% |
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 12 October 2026 via checked.be.