OD BAKERY: 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.
OD BAKERY
Largest movements
- Receivables within one year +€125,743
up €125,743 (+91.1%), from €138,034 to €263,777
of which Trade receivables: +€100,805
- Tangible fixed assets -€20,342
down €20,342 (-9.9%), from €204,578 to €184,236
of which Leasing and similar rights: -€13,187
- Trade debts +€161,776
up €161,776 (+86.9%), from €186,083 to €347,859
- Debts after one year -€28,022
down €28,022 (-30.3%), from €92,535 to €64,513
- Profit (loss) carried forward -€24,773
down €24,773, from €13,742 to -€11,030
- Other debts -€12,868
down €12,868 (-40.1%), from €32,084 to €19,216
- Depreciation +€28,486
up €28,486 (+383%), from €7,432 to €35,917
- Gross operating margin -€21,848
down €21,848 (-14.6%), from €149,816 to €127,968
- Staff costs -€16,487
down €16,487 (-13.2%), from €124,625 to €108,138
- Taxes -€3,500
no longer reported in 2025 (was €3,500)
- Other operating charges +€2,420
up €2,420 (+757%), from €320 to €2,740
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 | €407,151 | €506,104 | +€98,953 | +24.3% |
| Fixed assets | 21/28 | €210,158 | €189,816 | -€20,342 | -9.7% |
| Tangible fixed assets | 22/27 | €204,578 | €184,236 | -€20,342 | -9.9% |
| Plant, machinery and equipment | 23 | €122,098 | €113,731 | -€8,367 | -6.9% |
| Furniture and vehicles | 24 | €937 | €468 | -€468 | -50.0% |
| Leasing and similar rights | 25 | €65,460 | €52,273 | -€13,187 | -20.1% |
| Other tangible fixed assets | 26 | €16,083 | €17,763 | +€1,680 | +10.4% |
| Financial fixed assets | 28 | €5,580 | €5,580 | = | 0.0% |
| Current assets | 29/58 | €196,993 | €316,288 | +€119,296 | +60.6% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,000 | €1,316 | -€3,685 | -73.7% |
| Stocks | 30/36 | €5,000 | €1,316 | -€3,685 | -73.7% |
| Amounts receivable within one year | 40/41 | €138,034 | €263,777 | +€125,743 | +91.1% |
| Trade receivables | 40 | €27,808 | €128,614 | +€100,805 | +362% |
| Other amounts receivable | 41 | €110,225 | €135,163 | +€24,938 | +22.6% |
| Cash at bank and in hand | 54/58 | €22,704 | €21,196 | -€1,508 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,256 | €0 | -€1,256 | -100% |
| Total equity and liabilities | 10/49 | €407,151 | €506,104 | +€98,953 | +24.3% |
| Equity | 10/15 | €43,742 | €18,970 | -€24,773 | -56.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,742 | -€11,030 | -€24,773 | |
| Amounts payable | 17/49 | €363,409 | €487,135 | +€123,726 | +34.0% |
| Amounts payable after more than one year | 17 | €92,535 | €64,513 | -€28,022 | -30.3% |
| Financial debts | 170/4 | €92,535 | €64,513 | -€28,022 | -30.3% |
| Amounts payable within one year | 42/48 | €270,874 | €422,622 | +€151,748 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | €29,402 | €29,192 | -€210 | -0.7% |
| Trade debts | 44 | €186,083 | €347,859 | +€161,776 | +86.9% |
| Suppliers | 440/4 | €186,083 | €347,859 | +€161,776 | +86.9% |
| Taxes, remuneration and social security | 45 | €23,305 | €26,355 | +€3,050 | +13.1% |
| Taxes | 450/3 | €5,368 | €4,492 | -€875 | -16.3% |
| Remuneration and social security | 454/9 | €17,937 | €21,863 | +€3,925 | +21.9% |
| Other amounts payable | 47/48 | €32,084 | €19,216 | -€12,868 | -40.1% |
| Remuneration, social security and pensions | 62 | €124,625 | €108,138 | -€16,487 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,432 | €35,917 | +€28,486 | +383% |
| Other operating charges | 640/8 | €320 | €2,740 | +€2,420 | +757% |
| Gross operating margin | 9900 | €149,816 | €127,968 | -€21,848 | -14.6% |
| Operating profit (loss) | 9901 | €17,439 | -€18,828 | -€36,267 | |
| Financial income | 75/76B | €127 | - | -€127 | |
| Recurring financial income | 75 | €127 | - | -€127 | |
| Financial charges | 65/66B | €6,656 | €5,945 | -€711 | -10.7% |
| Recurring financial charges | 65 | €6,656 | €5,945 | -€711 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €10,910 | -€24,773 | -€35,683 | |
| Income taxes | 67/77 | €3,500 | - | -€3,500 | |
| Profit (loss) for the period | 9904 | €7,410 | -€24,773 | -€32,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,410 | -€24,773 | -€32,183 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.