De Broodstokerij: what changed
De Broodstokerij
Largest movements
- Tangible fixed assets +€114,334
up €114,334 (+149%), from €76,902 to €191,236
of which Other tangible fixed assets: +€120,719
- Cash -€17,839
down €17,839 (-85.1%), from €20,961 to €3,122
mainly Investment in fixed assets (net) (-€149,763) and Net result for the year (-€22,854)
- Receivables within one year +€8,812
up €8,812 (+26.5%), from €33,198 to €42,011
of which Other amounts receivable: +€11,370
- Financial fixed assets +€2,832
up €2,832 (+190%), from €1,490 to €4,322
- Trade debts +€60,292
up €60,292 (+327%), from €18,411 to €78,704
- Debts after one year +€51,755
up €51,755 (+93.8%), from €55,149 to €106,904
- Reserves -€26,356
down €26,356 (-71.2%), from €37,024 to €10,668
- Current portion of long-term debt +€14,673
up €14,673 (+88.3%), from €16,626 to €31,299
- Tax, wage and social debts +€6,120
up €6,120 (+26.0%), from €23,509 to €29,629
of which Remuneration and social security: +€3,754
- Gross operating margin -€20,027
down €20,027 (-13.9%), from €144,090 to €124,064
- Staff costs +€19,128
up €19,128 (+23.0%), from €83,022 to €102,150
- Taxes -€7,232
down €7,232 (-100%), from €7,232 to €0
- Depreciation +€4,309
up €4,309 (+14.2%), from €30,288 to €34,597
- Financial charges +€3,226
up €3,226 (+71.6%), from €4,504 to €7,730
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 | €163,992 | €269,682 | +€105,690 | +64.4% |
| Fixed assets | 21/28 | €89,228 | €204,394 | +€115,166 | +129% |
| Intangible fixed assets | 21 | €10,836 | €8,836 | -€2,000 | -18.5% |
| Tangible fixed assets | 22/27 | €76,902 | €191,236 | +€114,334 | +149% |
| Plant, machinery and equipment | 23 | €35,412 | €33,343 | -€2,069 | -5.8% |
| Furniture and vehicles | 24 | €2,126 | €737 | -€1,389 | -65.3% |
| Leasing and similar rights | 25 | €20,051 | €17,125 | -€2,926 | -14.6% |
| Other tangible fixed assets | 26 | €19,313 | €140,031 | +€120,719 | +625% |
| Financial fixed assets | 28 | €1,490 | €4,322 | +€2,832 | +190% |
| Current assets | 29/58 | €74,764 | €65,288 | -€9,476 | -12.7% |
| Stocks and contracts in progress | 3 | €15,973 | €16,547 | +€575 | +3.6% |
| Stocks | 30/36 | €15,973 | €16,547 | +€575 | +3.6% |
| Amounts receivable within one year | 40/41 | €33,198 | €42,011 | +€8,812 | +26.5% |
| Trade receivables | 40 | €4,322 | €1,764 | -€2,558 | -59.2% |
| Other amounts receivable | 41 | €28,876 | €40,246 | +€11,370 | +39.4% |
| Cash at bank and in hand | 54/58 | €20,961 | €3,122 | -€17,839 | -85.1% |
| Deferred charges and accrued income | 490/1 | €4,633 | €3,609 | -€1,024 | -22.1% |
| Total equity and liabilities | 10/49 | €163,992 | €269,682 | +€105,690 | +64.4% |
| Equity | 10/15 | €46,024 | €19,270 | -€26,753 | -58.1% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €37,024 | €10,668 | -€26,356 | -71.2% |
| Distributable reserves | 133 | €37,024 | €10,668 | -€26,356 | -71.2% |
| Profit (loss) carried forward | 14 | €0 | -€397 | -€397 | |
| Amounts payable | 17/49 | €117,969 | €250,412 | +€132,443 | +112% |
| Amounts payable after more than one year | 17 | €55,149 | €106,904 | +€51,755 | +93.8% |
| Financial debts | 170/4 | €55,149 | €106,904 | +€51,755 | +93.8% |
| Amounts payable within one year | 42/48 | €59,981 | €142,482 | +€82,501 | +138% |
| Current portion of amounts payable after more than one year | 42 | €16,626 | €31,299 | +€14,673 | +88.3% |
| Trade debts | 44 | €18,411 | €78,704 | +€60,292 | +327% |
| Suppliers | 440/4 | €18,411 | €78,704 | +€60,292 | +327% |
| Taxes, remuneration and social security | 45 | €23,509 | €29,629 | +€6,120 | +26.0% |
| Taxes | 450/3 | €9,498 | €11,863 | +€2,366 | +24.9% |
| Remuneration and social security | 454/9 | €14,011 | €17,766 | +€3,754 | +26.8% |
| Other amounts payable | 47/48 | €1,435 | €2,850 | +€1,415 | +98.6% |
| Accrued charges and deferred income | 492/3 | €2,839 | €1,027 | -€1,812 | -63.8% |
| Non-recurring operating income | 76A | €255 | €1,570 | +€1,315 | +515% |
| Remuneration, social security and pensions | 62 | €83,022 | €102,150 | +€19,128 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,288 | €34,597 | +€4,309 | +14.2% |
| Other operating charges | 640/8 | €5,206 | €4,831 | -€375 | -7.2% |
| Gross operating margin | 9900 | €144,090 | €124,064 | -€20,027 | -13.9% |
| Operating profit (loss) | 9901 | €25,574 | -€17,514 | -€43,088 | |
| Financial income | 75/76B | €1,769 | €2,389 | +€620 | +35.0% |
| Recurring financial income | 75 | €1,769 | €2,389 | +€620 | +35.0% |
| Financial charges | 65/66B | €4,504 | €7,730 | +€3,226 | +71.6% |
| Recurring financial charges | 65 | €4,504 | €7,730 | +€3,226 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | €22,840 | -€22,854 | -€45,694 | |
| Income taxes | 67/77 | €7,232 | €0 | -€7,232 | -100% |
| Profit (loss) for the period | 9904 | €15,608 | -€22,854 | -€38,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,608 | -€22,854 | -€38,462 |
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 8 November 2026 via checked.be.