SAM 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.
SAM BAKERY
Largest movements
- Cash +€100,144
up €100,144 (+48.3%), from €207,448 to €307,592
mainly Net result for the year (+€91,951) and Depreciation (+€56,878)
- Receivables within one year +€27,745
up €27,745 (+92.0%), from €30,142 to €57,887
of which Other amounts receivable: +€14,641
- Tangible fixed assets -€25,667
down €25,667 (-10.2%), from €252,486 to €226,819
of which Plant, machinery and equipment: -€13,559
- Profit (loss) carried forward +€91,951
up €91,951 (+183.2%), from €50,179 to €142,129
- Debts after one year -€26,660
down €26,660 (-7.4%), from €361,082 to €334,422
- Trade debts +€21,166
up €21,166 (+199.1%), from €10,633 to €31,799
of which Bills of exchange payable: +€12,555
- Tax, wage and social debts +€15,283
up €15,283 (+112.6%), from €13,578 to €28,861
of which Remuneration and social security: +€15,326
- Gross operating margin +€63,609
up €63,609 (+21.2%), from €300,219 to €363,828
- Staff costs +€62,203
up €62,203 (+46.8%), from €133,027 to €195,229
- Taxes +€15,133
new in 2025: €15,133
- Depreciation +€3,700
up €3,700 (+7.0%), from €53,178 to €56,878
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.
Cash bridge derived
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 | €494,619 | €598,662 | +€104,042 | +21.0% |
| Fixed assets | 21/28 | €252,486 | €226,819 | -€25,667 | -10.2% |
| Tangible fixed assets | 22/27 | €252,486 | €226,819 | -€25,667 | -10.2% |
| Plant, machinery and equipment | 23 | €82,639 | €69,080 | -€13,559 | -16.4% |
| Furniture and vehicles | 24 | €620 | €327 | -€293 | -47.2% |
| Other tangible fixed assets | 26 | €169,227 | €157,411 | -€11,816 | -7.0% |
| Current assets | 29/58 | €242,133 | €371,843 | +€129,709 | +53.6% |
| Stocks and contracts in progress | 3 | €4,448 | €6,363 | +€1,915 | +43.1% |
| Stocks | 30/36 | €4,448 | €6,363 | +€1,915 | +43.1% |
| Amounts receivable within one year | 40/41 | €30,142 | €57,887 | +€27,745 | +92.0% |
| Trade receivables | 40 | €29,137 | €42,241 | +€13,104 | +45.0% |
| Other amounts receivable | 41 | €1,005 | €15,646 | +€14,641 | +1456.5% |
| Cash at bank and in hand | 54/58 | €207,448 | €307,592 | +€100,144 | +48.3% |
| Deferred charges and accrued income | 490/1 | €95 | €0 | -€95 | -100.0% |
| Total equity and liabilities | 10/49 | €494,619 | €598,662 | +€104,042 | +21.0% |
| Equity | 10/15 | €80,179 | €172,129 | +€91,951 | +114.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,179 | €142,129 | +€91,951 | +183.2% |
| Amounts payable | 17/49 | €414,441 | €426,533 | +€12,092 | +2.9% |
| Amounts payable after more than one year | 17 | €361,082 | €334,422 | -€26,660 | -7.4% |
| Financial debts | 170/4 | €361,082 | €334,422 | -€26,660 | -7.4% |
| Amounts payable within one year | 42/48 | €53,359 | €92,111 | +€38,752 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €26,123 | €26,660 | +€537 | +2.1% |
| Trade debts | 44 | €10,633 | €31,799 | +€21,166 | +199.1% |
| Suppliers | 440/4 | €10,633 | €19,244 | +€8,611 | +81.0% |
| Bills of exchange payable | 441 | €0 | €12,555 | +€12,555 | |
| Taxes, remuneration and social security | 45 | €13,578 | €28,861 | +€15,283 | +112.6% |
| Taxes | 450/3 | €548 | €505 | -€43 | -7.8% |
| Remuneration and social security | 454/9 | €13,030 | €28,356 | +€15,326 | +117.6% |
| Other amounts payable | 47/48 | €3,025 | €4,791 | +€1,765 | +58.4% |
| Remuneration, social security and pensions | 62 | €133,027 | €195,229 | +€62,203 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,178 | €56,878 | +€3,700 | +7.0% |
| Other operating charges | 640/8 | €1,930 | €932 | -€998 | -51.7% |
| Gross operating margin | 9900 | €300,219 | €363,828 | +€63,609 | +21.2% |
| Operating profit (loss) | 9901 | €112,085 | €110,789 | -€1,296 | -1.2% |
| Financial income | 75/76B | €90 | €1,146 | +€1,056 | +1175.5% |
| Recurring financial income | 75 | €90 | €1,146 | +€1,056 | +1175.5% |
| Financial charges | 65/66B | €5,850 | €4,851 | -€999 | -17.1% |
| Recurring financial charges | 65 | €5,850 | €4,851 | -€999 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €106,324 | €107,084 | +€760 | +0.7% |
| Income taxes | 67/77 | - | €15,133 | +€15,133 | |
| Profit (loss) for the period | 9904 | €106,324 | €91,951 | -€14,373 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €106,324 | €91,951 | -€14,373 | -13.5% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.