Pastry Concept: 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.
Pastry Concept
Largest movements
- Tangible fixed assets -€16,509
down €16,509 (-36.2%), from €45,568 to €29,059
- Receivables within one year -€14,383
down €14,383 (-31.6%), from €45,543 to €31,160
of which Other amounts receivable: -€10,498
- Stocks and contracts -€11,117
down €11,117 (-28.4%), from €39,193 to €28,076
- Cash +€3,749
up €3,749 (+9,665%), from €39 to €3,788
mainly Depreciation (+€16,509) and Receivables within one year (+€14,383)
- Trade debts -€16,025
down €16,025 (-25.0%), from €64,061 to €48,036
- Profit (loss) carried forward -€13,866
down €13,866 (-10.8%), from -€127,839 to -€141,705
- Short-term financial debts -€12,237
down €12,237 (-7.3%), from €167,261 to €155,024
of which Other loans: -€12,398
- Tax, wage and social debts +€3,869
up €3,869 (+19.6%), from €19,718 to €23,587
of which Remuneration and social security: +€7,386
- Gross operating margin +€16,982
up €16,982, from -€12,949 to €4,033
- Financial charges -€7,196
down €7,196 (-94.4%), from €7,621 to €425
- Depreciation -€1,977
down €1,977 (-10.7%), from €18,486 to €16,509
- Other operating charges +€397
up €397 (+69.9%), from €568 to €966
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 | €130,342 | €92,083 | -€38,259 | -29.4% |
| Fixed assets | 21/28 | €45,568 | €29,059 | -€16,509 | -36.2% |
| Tangible fixed assets | 22/27 | €45,568 | €29,059 | -€16,509 | -36.2% |
| Plant, machinery and equipment | 23 | €45,568 | €29,059 | -€16,509 | -36.2% |
| Current assets | 29/58 | €84,774 | €63,024 | -€21,750 | -25.7% |
| Stocks and contracts in progress | 3 | €39,193 | €28,076 | -€11,117 | -28.4% |
| Stocks | 30/36 | €39,193 | €28,076 | -€11,117 | -28.4% |
| Amounts receivable within one year | 40/41 | €45,543 | €31,160 | -€14,383 | -31.6% |
| Trade receivables | 40 | €33,626 | €29,741 | -€3,885 | -11.6% |
| Other amounts receivable | 41 | €11,917 | €1,419 | -€10,498 | -88.1% |
| Cash at bank and in hand | 54/58 | €39 | €3,788 | +€3,749 | +9,665% |
| Total equity and liabilities | 10/49 | €130,342 | €92,083 | -€38,259 | -29.4% |
| Equity | 10/15 | -€120,698 | -€134,564 | -€13,866 | -11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,141 | €2,141 | = | 0.0% |
| Distributable reserves | 133 | €2,141 | €2,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,839 | -€141,705 | -€13,866 | -10.8% |
| Amounts payable | 17/49 | €251,040 | €226,647 | -€24,393 | -9.7% |
| Amounts payable within one year | 42/48 | €251,040 | €226,647 | -€24,393 | -9.7% |
| Financial debts | 43 | €167,261 | €155,024 | -€12,237 | -7.3% |
| Credit institutions | 430/8 | - | €161 | +€161 | |
| Other loans | 439 | €167,261 | €154,863 | -€12,398 | -7.4% |
| Trade debts | 44 | €64,061 | €48,036 | -€16,025 | -25.0% |
| Suppliers | 440/4 | €64,061 | €48,036 | -€16,025 | -25.0% |
| Taxes, remuneration and social security | 45 | €19,718 | €23,587 | +€3,869 | +19.6% |
| Taxes | 450/3 | €5,572 | €2,054 | -€3,517 | -63.1% |
| Remuneration and social security | 454/9 | €14,146 | €21,533 | +€7,386 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,486 | €16,509 | -€1,977 | -10.7% |
| Other operating charges | 640/8 | €568 | €966 | +€397 | +69.9% |
| Gross operating margin | 9900 | -€12,949 | €4,033 | +€16,982 | |
| Operating profit (loss) | 9901 | -€32,003 | -€13,442 | +€18,562 | +58.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,500% |
| Financial charges | 65/66B | €7,621 | €425 | -€7,196 | -94.4% |
| Recurring financial charges | 65 | €7,621 | €425 | -€7,196 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | -€39,624 | -€13,866 | +€25,758 | +65.0% |
| Profit (loss) for the period | 9904 | -€39,624 | -€13,866 | +€25,758 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,624 | -€13,866 | +€25,758 | +65.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.