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RESSOU: what changed

Two fiscal 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.

What changed

RESSOU

BE 0700.749.477
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€106,516
2024 · €113,249-€6,733
Equity
€93,848
2024 · €27,332+€66,516
Cash
€8,600
2024 · €10,819-€2,219
Balance sheet total
€316,908
2024 · €429,550-€112,641

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€65,441

    down €65,441 (-23.0%), from €284,677 to €219,235

  • Receivables within one year -€45,495

    down €45,495 (-40.1%), from €113,408 to €67,913

    of which Other amounts receivable: -€51,770

Equity and liabilities
  • Debts after one year -€79,812

    down €79,812 (-87.3%), from €91,409 to €11,598

  • Profit (loss) carried forward +€66,516

    up €66,516, from -€40,318 to €26,198

  • Trade debts -€43,476

    down €43,476 (-33.1%), from €131,219 to €87,743

  • Other debts -€37,980

    down €37,980 (-95.9%), from €39,597 to €1,617

  • Current portion of long-term debt -€21,359

    down €21,359 (-21.2%), from €100,871 to €79,512

Income statement
  • Taxes +€40,893

    up €40,893 (+6738.0%), from €607 to €41,500

  • Gross operating margin +€29,402

    up €29,402 (+4.8%), from €617,574 to €646,976

  • Depreciation +€12,414

    up €12,414 (+20.8%), from €59,812 to €72,226

  • Staff costs +€7,065

    up €7,065 (+1.7%), from €415,276 to €422,341

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €113,249
Gross operating margin +€29,402
Staff costs -€7,065
Depreciation -€12,414
Other operating charges +€312
Other operating items +€21,117
Financial income +€1,306
Financial charges +€1,502
Taxes -€40,893
Result 2025 €106,516

Cash bridge derived

cash 2024 to 2025

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.

From operations +€145,736
Investment -€6,784
Financing -€141,171
Cash 2024 €10,819
Net result for the year +€106,516
Depreciation +€72,226
Stocks and contracts -€3,524
Receivables within one year +€45,495
Deferred charges and accrued income +€3,010
Trade debts -€43,476
Tax, wage and social debts +€3,470
Other debts -€37,980
Investment in fixed assets (net) -€6,784
Debts after one year -€79,812
Current portion of long-term debt -€21,359
Contributions, distributions and other -€40,000
Cash 2025 €8,600
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €429,550 €316,908 -€112,641 -26.2%
Fixed assets 21/28 €284,677 €219,235 -€65,441 -23.0%
Tangible fixed assets 22/27 €284,677 €219,235 -€65,441 -23.0%
Plant, machinery and equipment 23 €53,587 €29,014 -€24,573 -45.9%
Furniture and vehicles 24 €11,320 €597 -€10,723 -94.7%
Other tangible fixed assets 26 €219,770 €187,440 -€32,330 -14.7%
Assets under construction and advance payments 27 - €2,185 +€2,185
Current assets 29/58 €144,873 €97,673 -€47,200 -32.6%
Stocks and contracts in progress 3 €13,101 €16,625 +€3,524 +26.9%
Stocks 30/36 €13,101 €16,625 +€3,524 +26.9%
Amounts receivable within one year 40/41 €113,408 €67,913 -€45,495 -40.1%
Trade receivables 40 €41,535 €47,810 +€6,275 +15.1%
Other amounts receivable 41 €71,873 €20,103 -€51,770 -72.0%
Cash at bank and in hand 54/58 €10,819 €8,600 -€2,219 -20.5%
Deferred charges and accrued income 490/1 €7,545 €4,535 -€3,010 -39.9%
Total equity and liabilities 10/49 €429,550 €316,908 -€112,641 -26.2%
Equity 10/15 €27,332 €93,848 +€66,516 +243.4%
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 €6,150 €6,150 = 0.0%
Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
Legal reserve 130 €6,150 €6,150 = 0.0%
Profit (loss) carried forward 14 -€40,318 €26,198 +€66,516
Amounts payable 17/49 €402,218 €223,061 -€179,157 -44.5%
Amounts payable after more than one year 17 €91,409 €11,598 -€79,812 -87.3%
Financial debts 170/4 €91,409 €11,598 -€79,812 -87.3%
Amounts payable within one year 42/48 €310,808 €211,463 -€99,345 -32.0%
Current portion of amounts payable after more than one year 42 €100,871 €79,512 -€21,359 -21.2%
Trade debts 44 €131,219 €87,743 -€43,476 -33.1%
Suppliers 440/4 €131,219 €87,743 -€43,476 -33.1%
Taxes, remuneration and social security 45 €39,121 €42,591 +€3,470 +8.9%
Taxes 450/3 €589 €2,137 +€1,548 +262.9%
Remuneration and social security 454/9 €38,532 €40,453 +€1,921 +5.0%
Other amounts payable 47/48 €39,597 €1,617 -€37,980 -95.9%
Non-recurring operating income 76A €3,514 €4,966 +€1,452 +41.3%
Remuneration, social security and pensions 62 €415,276 €422,341 +€7,065 +1.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €59,812 €72,226 +€12,414 +20.8%
Other operating charges 640/8 €1,110 €798 -€312 -28.1%
Non-recurring operating charges 66A €24,007 €2,890 -€21,117 -88.0%
Gross operating margin 9900 €617,574 €646,976 +€29,402 +4.8%
Operating profit (loss) 9901 €117,369 €148,721 +€31,352 +26.7%
Financial income 75/76B €273 €1,580 +€1,306 +478.4%
Recurring financial income 75 €273 €1,580 +€1,306 +478.4%
Financial charges 65/66B €3,787 €2,285 -€1,502 -39.7%
Recurring financial charges 65 €3,787 €2,285 -€1,502 -39.7%
Profit (loss) for the period before taxes 9903 €113,856 €148,016 +€34,160 +30.0%
Income taxes 67/77 €607 €41,500 +€40,893 +6738.0%
Profit (loss) for the period 9904 €113,249 €106,516 -€6,733 -5.9%
Profit (loss) for the period to be appropriated 9905 €113,249 €106,516 -€6,733 -5.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.