SAN ANTONIO 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.
SAN ANTONIO BAKERY
Largest movements
- Tangible fixed assets -€6,918
down €6,918 (-8.6%), from €80,405 to €73,487
of which Other tangible fixed assets: -€4,395
- Cash -€3,066
down €3,066 (-76.2%), from €4,022 to €956
mainly Trade debts (-€25,180) and Debts after one year (-€17,818)
- Receivables within one year -€1,678
down €1,678 (-7.9%), from €21,151 to €19,473
of which Trade receivables: -€7,271
- Profit (loss) carried forward +€35,332
up €35,332 (+13.6%), from -€260,265 to -€224,932
- Trade debts -€25,180
down €25,180 (-15.1%), from €166,230 to €141,049
- Debts after one year -€17,818
down €17,818 (-73.4%), from €24,272 to €6,455
- Current portion of long-term debt -€6,594
down €6,594 (-27.2%), from €24,279 to €17,685
- Tax, wage and social debts +€2,376
up €2,376 (+229%), from €1,040 to €3,416
of which Remuneration and social security: +€1,972
- Staff costs +€14,623
up €14,623 (+625%), from €2,341 to €16,965
- Financial charges -€5,100
down €5,100 (-29.8%), from €17,142 to €12,042
- Depreciation -€4,093
down €4,093 (-21.9%), from €18,682 to €14,589
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 | €113,246 | €101,363 | -€11,884 | -10.5% |
| Fixed assets | 21/28 | €84,761 | €77,621 | -€7,140 | -8.4% |
| Intangible fixed assets | 21 | €407 | €185 | -€222 | -54.5% |
| Tangible fixed assets | 22/27 | €80,405 | €73,487 | -€6,918 | -8.6% |
| Plant, machinery and equipment | 23 | €10,271 | €10,509 | +€238 | +2.3% |
| Furniture and vehicles | 24 | €24,022 | €21,262 | -€2,760 | -11.5% |
| Other tangible fixed assets | 26 | €46,112 | €41,717 | -€4,395 | -9.5% |
| Financial fixed assets | 28 | €3,949 | €3,949 | = | 0.0% |
| Current assets | 29/58 | €28,485 | €23,741 | -€4,744 | -16.7% |
| Stocks and contracts in progress | 3 | €3,312 | €3,312 | = | 0.0% |
| Stocks | 30/36 | €3,312 | €3,312 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,151 | €19,473 | -€1,678 | -7.9% |
| Trade receivables | 40 | €9,259 | €1,988 | -€7,271 | -78.5% |
| Other amounts receivable | 41 | €11,892 | €17,485 | +€5,593 | +47.0% |
| Cash at bank and in hand | 54/58 | €4,022 | €956 | -€3,066 | -76.2% |
| Total equity and liabilities | 10/49 | €113,246 | €101,363 | -€11,884 | -10.5% |
| Equity | 10/15 | -€102,574 | -€67,242 | +€35,332 | +34.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,000 | €7,000 | = | 0.0% |
| Other | 1109/19 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €150,691 | €150,691 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,691 | €150,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€260,265 | -€224,932 | +€35,332 | +13.6% |
| Amounts payable | 17/49 | €215,820 | €168,604 | -€47,216 | -21.9% |
| Amounts payable after more than one year | 17 | €24,272 | €6,455 | -€17,818 | -73.4% |
| Financial debts | 170/4 | €24,272 | €6,455 | -€17,818 | -73.4% |
| Amounts payable within one year | 42/48 | €191,548 | €162,150 | -€29,398 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €24,279 | €17,685 | -€6,594 | -27.2% |
| Trade debts | 44 | €166,230 | €141,049 | -€25,180 | -15.1% |
| Suppliers | 440/4 | €166,230 | €141,049 | -€25,180 | -15.1% |
| Taxes, remuneration and social security | 45 | €1,040 | €3,416 | +€2,376 | +229% |
| Taxes | 450/3 | €34 | €438 | +€404 | +1,187% |
| Remuneration and social security | 454/9 | €1,006 | €2,978 | +€1,972 | +196% |
| Non-recurring operating income | 76A | €4,000 | €3,594 | -€406 | -10.1% |
| Remuneration, social security and pensions | 62 | €2,341 | €16,965 | +€14,623 | +625% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,682 | €14,589 | -€4,093 | -21.9% |
| Other operating charges | 640/8 | €1,150 | €463 | -€687 | -59.8% |
| Non-recurring operating charges | 66A | €3,004 | €7,577 | +€4,573 | +152% |
| Gross operating margin | 9900 | €86,206 | €86,355 | +€150 | +0.2% |
| Operating profit (loss) | 9901 | €61,028 | €46,762 | -€14,266 | -23.4% |
| Financial income | 75/76B | €184 | €612 | +€428 | +233% |
| Recurring financial income | 75 | €184 | €612 | +€428 | +233% |
| Financial charges | 65/66B | €17,142 | €12,042 | -€5,100 | -29.8% |
| Recurring financial charges | 65 | €17,142 | €12,042 | -€5,100 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €44,070 | €35,332 | -€8,738 | -19.8% |
| Profit (loss) for the period | 9904 | €44,070 | €35,332 | -€8,738 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,070 | €35,332 | -€8,738 | -19.8% |
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 24 October 2026 via checked.be.