LE PAIN CHANTANT: 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.
LE PAIN CHANTANT
Largest movements
- Cash -€35,632
down €35,632 (-34.9%), from €102,069 to €66,438
mainly Net result for the year (-€26,073) and Receivables within one year (-€24,035)
- Receivables within one year +€24,035
up €24,035 (+139%), from €17,244 to €41,279
of which Other amounts receivable: +€25,985
- Tangible fixed assets -€14,704
down €14,704 (-2.5%), from €599,370 to €584,666
of which Land and buildings: -€13,356
- Reserves -€89,551
down €89,551 (-100%), from €89,551 to €0
- Profit (loss) carried forward +€63,478
up €63,478 (+84.3%), from €75,284 to €138,761
- Tax, wage and social debts +€23,087
up €23,087 (+3,541%), from €652 to €23,739
- Provisions -€22,388
no longer reported in 2024 (was €22,388)
- Other debts +€21,957
up €21,957 (+7.4%), from €298,349 to €320,306
- Gross operating margin -€29,077
down €29,077 (-83.8%), from €34,716 to €5,639
- Taxes +€22,470
up €22,470 (+3,642%), from €617 to €23,087
- Other operating charges -€1,918
down €1,918 (-23.3%), from €8,228 to €6,310
- Depreciation +€1,304
up €1,304 (+6.4%), from €20,415 to €21,718
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,368 | €693,597 | -€26,771 | -3.7% |
| Fixed assets | 21/28 | €599,595 | €584,891 | -€14,704 | -2.5% |
| Tangible fixed assets | 22/27 | €599,370 | €584,666 | -€14,704 | -2.5% |
| Land and buildings | 22 | €596,054 | €582,697 | -€13,356 | -2.2% |
| Plant, machinery and equipment | 23 | €3,316 | €1,968 | -€1,348 | -40.6% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €120,773 | €108,706 | -€12,067 | -10.0% |
| Amounts receivable within one year | 40/41 | €17,244 | €41,279 | +€24,035 | +139% |
| Trade receivables | 40 | €9,717 | €7,767 | -€1,950 | -20.1% |
| Other amounts receivable | 41 | €7,527 | €33,512 | +€25,985 | +345% |
| Cash at bank and in hand | 54/58 | €102,069 | €66,438 | -€35,632 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,460 | €990 | -€470 | -32.2% |
| Total equity and liabilities | 10/49 | €720,368 | €693,597 | -€26,771 | -3.7% |
| Equity | 10/15 | €226,334 | €200,261 | -€26,073 | -11.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €89,551 | €0 | -€89,551 | -100% |
| Tax-exempt reserves | 132 | €89,551 | €0 | -€89,551 | -100% |
| Profit (loss) carried forward | 14 | €75,284 | €138,761 | +€63,478 | +84.3% |
| Provisions and deferred taxes | 16 | €22,388 | - | -€22,388 | |
| Deferred taxes | 168 | €22,388 | - | -€22,388 | |
| Amounts payable | 17/49 | €471,646 | €493,336 | +€21,690 | +4.6% |
| Amounts payable after more than one year | 17 | €146,838 | €126,550 | -€20,288 | -13.8% |
| Financial debts | 170/4 | €146,838 | €126,550 | -€20,288 | -13.8% |
| Amounts payable within one year | 42/48 | €324,808 | €366,786 | +€41,978 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €19,982 | €20,288 | +€306 | +1.5% |
| Trade debts | 44 | €5,824 | €2,452 | -€3,372 | -57.9% |
| Suppliers | 440/4 | €5,824 | €2,452 | -€3,372 | -57.9% |
| Taxes, remuneration and social security | 45 | €652 | €23,739 | +€23,087 | +3,541% |
| Taxes | 450/3 | €652 | €23,739 | +€23,087 | +3,541% |
| Other amounts payable | 47/48 | €298,349 | €320,306 | +€21,957 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,415 | €21,718 | +€1,304 | +6.4% |
| Other operating charges | 640/8 | €8,228 | €6,310 | -€1,918 | -23.3% |
| Non-recurring operating charges | 66A | - | €75 | +€75 | |
| Gross operating margin | 9900 | €34,716 | €5,639 | -€29,077 | -83.8% |
| Operating profit (loss) | 9901 | €6,073 | -€22,464 | -€28,537 | |
| Financial charges | 65/66B | €3,183 | €2,910 | -€273 | -8.6% |
| Recurring financial charges | 65 | €3,183 | €2,910 | -€273 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €2,890 | -€25,374 | -€28,264 | |
| Transfer from deferred taxes | 780 | - | €22,388 | +€22,388 | |
| Income taxes | 67/77 | €617 | €23,087 | +€22,470 | +3,642% |
| Profit (loss) for the period | 9904 | €2,273 | -€26,073 | -€28,346 | |
| Transfer from tax-exempt reserves | 789 | - | €89,551 | +€89,551 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,273 | €63,478 | +€61,204 | +2,692% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.