DE KOCK - VERSTEVEN: what changed
What changed
DE KOCK - VERSTEVEN
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
filed annual accounts (NBB)
Net result for the year
€26,143
2024 · €40,371-€14,228
Equity
€72,363
2024 · €46,220+€26,143
Cash
€29,151
2024 · €26,123+€3,028
Balance sheet total
€527,922
2024 · €563,021-€35,099
Largest movements
Assets
- Tangible fixed assets -€38,185
down €38,185 (-9.1%), from €421,741 to €383,556
of which Land and buildings: -€26,598
Equity and liabilities
- Debts after one year -€64,512
down €64,512 (-15.8%), from €409,084 to €344,572
- Profit (loss) carried forward +€26,143
up €26,143 (+96.7%), from €27,045 to €53,188
- Trade debts +€10,031
up €10,031 (+70.0%), from €14,329 to €24,360
- Tax, wage and social debts -€7,920
down €7,920 (-26.5%), from €29,922 to €22,002
of which Remuneration and social security: -€10,753
Income statement
- Staff costs +€14,675
up €14,675 (+9.8%), from €149,150 to €163,825
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.
Result 2024
€40,371
Gross operating margin
+€217
Staff costs
-€14,675
Depreciation
+€2,031
Other operating charges
-€615
Financial income
+€1,698
Financial charges
-€890
Taxes
-€1,994
Result 2025
€26,143
raises the resultlowers the result
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.
From operations
+€74,468
Investment
-€7,974
Financing
-€63,466
Cash 2024
€26,123
From operations (derived)
+€74,468
Net result for the year
+€26,143
Depreciation
+€46,159
Stocks and contracts
-€2,523
Receivables within one year
+€2,465
Trade debts
+€10,031
Tax, wage and social debts
-€7,920
Accrued charges and deferred income
+€113
Investment (derived)
-€7,974
Investment in fixed assets (net)
-€7,974
Financing
-€63,466
Debts after one year
-€64,512
Current portion of long-term debt
+€1,046
Cash 2025
€29,151
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €563,021 | €527,922 | -€35,099 | -6.2% |
| Fixed assets | 21/28 | €424,848 | €386,663 | -€38,185 | -9.0% |
| Tangible fixed assets | 22/27 | €421,741 | €383,556 | -€38,185 | -9.1% |
| Land and buildings | 22 | €298,296 | €271,698 | -€26,598 | -8.9% |
| Plant, machinery and equipment | 23 | €97,691 | €88,523 | -€9,168 | -9.4% |
| Furniture and vehicles | 24 | €25,754 | €23,335 | -€2,419 | -9.4% |
| Financial fixed assets | 28 | €3,107 | €3,107 | = | 0.0% |
| Current assets | 29/58 | €138,173 | €141,259 | +€3,086 | +2.2% |
| Stocks and contracts in progress | 3 | €31,110 | €33,633 | +€2,523 | +8.1% |
| Stocks | 30/36 | €31,110 | €33,633 | +€2,523 | +8.1% |
| Amounts receivable within one year | 40/41 | €80,940 | €78,475 | -€2,465 | -3.0% |
| Trade receivables | 40 | €38,363 | €51,266 | +€12,903 | +33.6% |
| Other amounts receivable | 41 | €42,577 | €27,209 | -€15,368 | -36.1% |
| Cash at bank and in hand | 54/58 | €26,123 | €29,151 | +€3,028 | +11.6% |
| Total equity and liabilities | 10/49 | €563,021 | €527,922 | -€35,099 | -6.2% |
| Equity | 10/15 | €46,220 | €72,363 | +€26,143 | +56.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575 | €575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €575 | €575 | = | 0.0% |
| Reserves not available under the articles | 1311 | €575 | €575 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,045 | €53,188 | +€26,143 | +96.7% |
| Amounts payable | 17/49 | €516,801 | €455,559 | -€61,242 | -11.9% |
| Amounts payable after more than one year | 17 | €409,084 | €344,572 | -€64,512 | -15.8% |
| Financial debts | 170/4 | €409,084 | €344,572 | -€64,512 | -15.8% |
| Amounts payable within one year | 42/48 | €107,717 | €110,874 | +€3,157 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €63,466 | €64,512 | +€1,046 | +1.6% |
| Trade debts | 44 | €14,329 | €24,360 | +€10,031 | +70.0% |
| Suppliers | 440/4 | €14,329 | €24,360 | +€10,031 | +70.0% |
| Taxes, remuneration and social security | 45 | €29,922 | €22,002 | -€7,920 | -26.5% |
| Taxes | 450/3 | €230 | €3,063 | +€2,833 | +1,232% |
| Remuneration and social security | 454/9 | €29,692 | €18,939 | -€10,753 | -36.2% |
| Accrued charges and deferred income | 492/3 | - | €113 | +€113 | |
| Remuneration, social security and pensions | 62 | €149,150 | €163,825 | +€14,675 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,190 | €46,159 | -€2,031 | -4.2% |
| Other operating charges | 640/8 | €3,649 | €4,264 | +€615 | +16.9% |
| Gross operating margin | 9900 | €269,891 | €270,108 | +€217 | +0.1% |
| Operating profit (loss) | 9901 | €68,902 | €55,860 | -€13,042 | -18.9% |
| Financial income | 75/76B | €1,377 | €3,075 | +€1,698 | +123% |
| Recurring financial income | 75 | €1,377 | €3,075 | +€1,698 | +123% |
| Financial charges | 65/66B | €19,184 | €20,074 | +€890 | +4.6% |
| Recurring financial charges | 65 | €19,184 | €20,074 | +€890 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €51,095 | €38,861 | -€12,234 | -23.9% |
| Income taxes | 67/77 | €10,724 | €12,718 | +€1,994 | +18.6% |
| Profit (loss) for the period | 9904 | €40,371 | €26,143 | -€14,228 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,371 | €26,143 | -€14,228 | -35.2% |
Next steps
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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 4 November 2026 via checked.be.