De Bakploate: 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 Bakploate
Largest movements
- Tangible fixed assets +€175,391
up €175,391 (+36.4%), from €481,541 to €656,932
of which Leasing and similar rights: +€106,694
- Receivables within one year -€123,927
down €123,927 (-52.5%), from €236,221 to €112,293
of which Trade receivables: -€144,080
- Deferred charges and accrued income -€11,138
down €11,138 (-90.7%), from €12,276 to €1,137
- Debts after one year +€187,632
up €187,632 (+81.9%), from €228,975 to €416,607
- Trade debts -€137,498
down €137,498 (-44.5%), from €309,203 to €171,705
- Tax, wage and social debts -€36,433
down €36,433 (-30.6%), from €119,041 to €82,608
of which Taxes: -€36,553
- Short-term financial debts +€36,333
up €36,333 (+2,180%), from €1,667 to €38,000
- Current portion of long-term debt +€35,151
up €35,151 (+59.3%), from €59,269 to €94,420
- Gross operating margin +€52,183
up €52,183 (+16.9%), from €308,299 to €360,482
- Depreciation +€38,797
up €38,797 (+51.2%), from €75,770 to €114,567
- Staff costs +€28,750
up €28,750 (+13.8%), from €208,300 to €237,050
- Financial charges +€10,562
up €10,562 (+56.2%), from €18,787 to €29,349
- Other operating charges +€4,704
up €4,704 (+75.3%), from €6,243 to €10,947
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 | €835,019 | €881,215 | +€46,196 | +5.5% |
| Formation expenses | 20 | €579 | €464 | -€115 | -19.9% |
| Fixed assets | 21/28 | €486,769 | €660,965 | +€174,196 | +35.8% |
| Intangible fixed assets | 21 | €3,745 | €2,551 | -€1,195 | -31.9% |
| Tangible fixed assets | 22/27 | €481,541 | €656,932 | +€175,391 | +36.4% |
| Plant, machinery and equipment | 23 | €164,987 | €172,816 | +€7,829 | +4.7% |
| Furniture and vehicles | 24 | €30,001 | €22,454 | -€7,547 | -25.2% |
| Leasing and similar rights | 25 | - | €106,694 | +€106,694 | |
| Other tangible fixed assets | 26 | €286,554 | €354,968 | +€68,414 | +23.9% |
| Financial fixed assets | 28 | €1,482 | €1,482 | = | 0.0% |
| Current assets | 29/58 | €347,671 | €219,787 | -€127,885 | -36.8% |
| Stocks and contracts in progress | 3 | €16,500 | €25,000 | +€8,500 | +51.5% |
| Stocks | 30/36 | €16,500 | €25,000 | +€8,500 | +51.5% |
| Amounts receivable within one year | 40/41 | €236,221 | €112,293 | -€123,927 | -52.5% |
| Trade receivables | 40 | €181,880 | €37,800 | -€144,080 | -79.2% |
| Other amounts receivable | 41 | €54,341 | €74,493 | +€20,153 | +37.1% |
| Cash at bank and in hand | 54/58 | €82,675 | €81,356 | -€1,319 | -1.6% |
| Deferred charges and accrued income | 490/1 | €12,276 | €1,137 | -€11,138 | -90.7% |
| Total equity and liabilities | 10/49 | €835,019 | €881,215 | +€46,196 | +5.5% |
| Equity | 10/15 | €99,608 | €70,912 | -€28,695 | -28.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,608 | €60,912 | -€28,695 | -32.0% |
| Amounts payable | 17/49 | €735,412 | €810,303 | +€74,891 | +10.2% |
| Amounts payable after more than one year | 17 | €228,975 | €416,607 | +€187,632 | +81.9% |
| Financial debts | 170/4 | €228,975 | €416,607 | +€187,632 | +81.9% |
| Amounts payable within one year | 42/48 | €494,229 | €388,042 | -€106,187 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €59,269 | €94,420 | +€35,151 | +59.3% |
| Financial debts | 43 | €1,667 | €38,000 | +€36,333 | +2,180% |
| Credit institutions | 430/8 | €1,667 | €38,000 | +€36,333 | +2,180% |
| Trade debts | 44 | €309,203 | €171,705 | -€137,498 | -44.5% |
| Suppliers | 440/4 | €309,203 | €171,705 | -€137,498 | -44.5% |
| Advances received on contracts in progress | 46 | €3,493 | - | -€3,493 | |
| Taxes, remuneration and social security | 45 | €119,041 | €82,608 | -€36,433 | -30.6% |
| Taxes | 450/3 | €88,611 | €52,057 | -€36,553 | -41.3% |
| Remuneration and social security | 454/9 | €30,430 | €30,551 | +€120 | +0.4% |
| Other amounts payable | 47/48 | €1,556 | €1,310 | -€247 | -15.9% |
| Accrued charges and deferred income | 492/3 | €12,207 | €5,654 | -€6,553 | -53.7% |
| Remuneration, social security and pensions | 62 | €208,300 | €237,050 | +€28,750 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,770 | €114,567 | +€38,797 | +51.2% |
| Other operating charges | 640/8 | €6,243 | €10,947 | +€4,704 | +75.3% |
| Gross operating margin | 9900 | €308,299 | €360,482 | +€52,183 | +16.9% |
| Operating profit (loss) | 9901 | €17,986 | -€2,082 | -€20,068 | |
| Financial income | 75/76B | €2,529 | €3,024 | +€494 | +19.5% |
| Recurring financial income | 75 | €2,529 | €3,024 | +€494 | +19.5% |
| Financial charges | 65/66B | €18,787 | €29,349 | +€10,562 | +56.2% |
| Recurring financial charges | 65 | €18,787 | €29,349 | +€10,562 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €1,729 | -€28,407 | -€30,135 | |
| Income taxes | 67/77 | €596 | €289 | -€308 | -51.6% |
| Profit (loss) for the period | 9904 | €1,132 | -€28,695 | -€29,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,132 | -€28,695 | -€29,828 |
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 24 October 2026 via checked.be.