DELI TURNHOUT: what changed
What changed
DELI TURNHOUT
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
filed annual accounts (NBB)
Net result for the year
€213,063
2024 · €213,150-€87
Equity
€168,365
2024 · €205,302-€36,937
Cash
€403,319
2024 · €337,044+€66,275
Balance sheet total
€578,630
2024 · €536,634+€41,997
Largest movements
Assets
- Cash +€66,275
up €66,275 (+19.7%), from €337,044 to €403,319
mainly Net result for the year (+€213,063) and Other debts (+€50,000)
- Tangible fixed assets -€24,943
down €24,943 (-13.6%), from €183,997 to €159,053
of which Other tangible fixed assets: -€31,635
Equity and liabilities
- Other debts +€50,000
up €50,000 (+25.0%), from €200,000 to €250,000
- Profit (loss) carried forward -€36,937
down €36,937 (-21.4%), from €172,632 to €135,695
- Trade debts +€29,794
up €29,794 (+36.1%), from €82,478 to €112,272
- Tax, wage and social debts +€13,218
up €13,218 (+52.6%), from €25,135 to €38,353
of which Remuneration and social security: +€12,341
- Debts after one year -€8,319
down €8,319 (-85.8%), from €9,691 to €1,371
Income statement
- Staff costs +€25,883
up €25,883 (+10.7%), from €242,385 to €268,268
- Gross operating margin +€20,075
up €20,075 (+3.9%), from €519,099 to €539,174
- Taxes -€5,465
no longer reported in 2025 (was €5,465)
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
€213,150
Gross operating margin
+€20,075
Staff costs
-€25,883
Depreciation
-€2,522
Other operating charges
-€995
Financial income
+€19
Financial charges
+€3,753
Taxes
+€5,465
Result 2025
€213,063
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
+€344,499
Investment
-€20,337
Financing
-€257,886
Cash 2024
€337,044
From operations (derived)
+€344,499
Net result for the year
+€213,063
Depreciation
+€45,281
Stocks and contracts
-€2,308
Receivables within one year
+€1,378
Deferred charges and accrued income
+€265
Trade debts
+€29,794
Tax, wage and social debts
+€13,218
Other debts
+€50,000
Accrued charges and deferred income
-€6,192
Investment (derived)
-€20,337
Investment in fixed assets (net)
-€20,337
Financing
-€257,886
Debts after one year
-€8,319
Current portion of long-term debt
+€433
Contributions, distributions and other
-€250,000
Cash 2025
€403,319
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,634 | €578,630 | +€41,997 | +7.8% |
| Fixed assets | 21/28 | €184,005 | €159,062 | -€24,943 | -13.6% |
| Tangible fixed assets | 22/27 | €183,997 | €159,053 | -€24,943 | -13.6% |
| Plant, machinery and equipment | 23 | €23,561 | €29,664 | +€6,103 | +25.9% |
| Furniture and vehicles | 24 | €5,790 | €6,379 | +€589 | +10.2% |
| Other tangible fixed assets | 26 | €154,645 | €123,010 | -€31,635 | -20.5% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €352,629 | €419,569 | +€66,940 | +19.0% |
| Stocks and contracts in progress | 3 | €4,472 | €6,779 | +€2,308 | +51.6% |
| Stocks | 30/36 | €4,472 | €6,779 | +€2,308 | +51.6% |
| Amounts receivable within one year | 40/41 | €10,849 | €9,471 | -€1,378 | -12.7% |
| Trade receivables | 40 | €2,050 | €1,632 | -€418 | -20.4% |
| Other amounts receivable | 41 | €8,799 | €7,838 | -€960 | -10.9% |
| Cash at bank and in hand | 54/58 | €337,044 | €403,319 | +€66,275 | +19.7% |
| Deferred charges and accrued income | 490/1 | €265 | - | -€265 | |
| Total equity and liabilities | 10/49 | €536,634 | €578,630 | +€41,997 | +7.8% |
| Equity | 10/15 | €205,302 | €168,365 | -€36,937 | -18.0% |
| Contributions | 10/11 | €29,700 | €29,700 | = | 0.0% |
| Capital | 10 | €29,700 | €29,700 | = | 0.0% |
| Issued capital | 100 | €29,700 | €29,700 | = | 0.0% |
| Reserves | 13 | €2,970 | €2,970 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,970 | €2,970 | = | 0.0% |
| Legal reserve | 130 | €2,970 | €2,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,632 | €135,695 | -€36,937 | -21.4% |
| Amounts payable | 17/49 | €331,332 | €410,265 | +€78,933 | +23.8% |
| Amounts payable after more than one year | 17 | €9,691 | €1,371 | -€8,319 | -85.8% |
| Financial debts | 170/4 | €9,691 | €1,371 | -€8,319 | -85.8% |
| Amounts payable within one year | 42/48 | €315,449 | €408,894 | +€93,445 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €7,836 | €8,269 | +€433 | +5.5% |
| Trade debts | 44 | €82,478 | €112,272 | +€29,794 | +36.1% |
| Suppliers | 440/4 | €82,478 | €112,272 | +€29,794 | +36.1% |
| Taxes, remuneration and social security | 45 | €25,135 | €38,353 | +€13,218 | +52.6% |
| Taxes | 450/3 | €75 | €953 | +€878 | +1,169% |
| Remuneration and social security | 454/9 | €25,060 | €37,400 | +€12,341 | +49.2% |
| Other amounts payable | 47/48 | €200,000 | €250,000 | +€50,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €6,192 | - | -€6,192 | |
| Remuneration, social security and pensions | 62 | €242,385 | €268,268 | +€25,883 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,758 | €45,281 | +€2,522 | +5.9% |
| Other operating charges | 640/8 | €2,436 | €3,431 | +€995 | +40.8% |
| Gross operating margin | 9900 | €519,099 | €539,174 | +€20,075 | +3.9% |
| Operating profit (loss) | 9901 | €231,519 | €222,195 | -€9,324 | -4.0% |
| Financial income | 75/76B | €663 | €681 | +€19 | +2.8% |
| Recurring financial income | 75 | €663 | €681 | +€19 | +2.8% |
| Financial charges | 65/66B | €13,567 | €9,814 | -€3,753 | -27.7% |
| Recurring financial charges | 65 | €13,567 | €9,814 | -€3,753 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €218,615 | €213,063 | -€5,552 | -2.5% |
| Income taxes | 67/77 | €5,465 | - | -€5,465 | |
| Profit (loss) for the period | 9904 | €213,150 | €213,063 | -€87 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €213,150 | €213,063 | -€87 | 0.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.