Simply Bread CO. Europe: what changed
Simply Bread CO. Europe
Largest movements
- Receivables within one year +€200,064
up €200,064 (+2,972%), from €6,731 to €206,795
of which Trade receivables: +€127,481
- Cash +€19,760
up €19,760 (+1,562%), from €1,265 to €21,025
mainly Trade debts (+€168,527) and Advances received (+€77,365)
- Intangible fixed assets +€12,752
up €12,752 (+64.0%), from €19,924 to €32,676
- Tangible fixed assets -€11,696
down €11,696 (-31.4%), from €37,266 to €25,569
- Deferred charges and accrued income +€5,868
up €5,868 (+1,566%), from €375 to €6,243
- Trade debts +€168,527
up €168,527 (+1,062%), from €15,874 to €184,401
- Profit (loss) carried forward -€102,162
down €102,162 (-411%), from -€24,876 to -€127,038
- Advances received +€77,365
new in 2025: €77,365
- Other debts +€47,813
up €47,813 (+636%), from €7,515 to €55,327
- Debts after one year +€32,242
up €32,242 (+64.5%), from €50,000 to €82,242
- Gross operating margin +€72,905
up €72,905 (+852%), from €8,560 to €81,466
- Other operating charges +€71,193
up €71,193 (+376,681%), from €19 to €71,212
- Staff costs +€61,575
up €61,575 (+249%), from €24,713 to €86,287
- Depreciation +€10,592
up €10,592 (+344%), from €3,077 to €13,668
- Financial charges +€7,158
up €7,158 (+127%), from €5,648 to €12,807
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,123 | €366,226 | +€224,103 | +158% |
| Formation expenses | 20 | €710 | €0 | -€710 | -100% |
| Fixed assets | 21/28 | €57,190 | €58,246 | +€1,056 | +1.8% |
| Intangible fixed assets | 21 | €19,924 | €32,676 | +€12,752 | +64.0% |
| Tangible fixed assets | 22/27 | €37,266 | €25,569 | -€11,696 | -31.4% |
| Plant, machinery and equipment | 23 | €37,266 | €25,569 | -€11,696 | -31.4% |
| Current assets | 29/58 | €84,223 | €307,980 | +€223,757 | +266% |
| Stocks and contracts in progress | 3 | €75,852 | €73,918 | -€1,935 | -2.6% |
| Stocks | 30/36 | €75,852 | €73,918 | -€1,935 | -2.6% |
| Amounts receivable within one year | 40/41 | €6,731 | €206,795 | +€200,064 | +2,972% |
| Trade receivables | 40 | - | €127,481 | +€127,481 | |
| Other amounts receivable | 41 | €6,731 | €79,314 | +€72,584 | +1,078% |
| Cash at bank and in hand | 54/58 | €1,265 | €21,025 | +€19,760 | +1,562% |
| Deferred charges and accrued income | 490/1 | €375 | €6,243 | +€5,868 | +1,566% |
| Total equity and liabilities | 10/49 | €142,123 | €366,226 | +€224,103 | +158% |
| Equity | 10/15 | €45,124 | -€57,038 | -€102,162 | |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,876 | -€127,038 | -€102,162 | -411% |
| Amounts payable | 17/49 | €96,999 | €423,264 | +€326,265 | +336% |
| Amounts payable after more than one year | 17 | €50,000 | €82,242 | +€32,242 | +64.5% |
| Financial debts | 170/4 | €50,000 | €82,242 | +€32,242 | +64.5% |
| Amounts payable within one year | 42/48 | €44,949 | €338,780 | +€293,830 | +654% |
| Current portion of amounts payable after more than one year | 42 | - | €10,754 | +€10,754 | |
| Financial debts | 43 | €16,973 | €0 | -€16,973 | -100% |
| Credit institutions | 430/8 | €16,973 | €0 | -€16,973 | -100% |
| Trade debts | 44 | €15,874 | €184,401 | +€168,527 | +1,062% |
| Suppliers | 440/4 | €15,874 | €184,401 | +€168,527 | +1,062% |
| Advances received on contracts in progress | 46 | - | €77,365 | +€77,365 | |
| Taxes, remuneration and social security | 45 | €4,588 | €10,932 | +€6,344 | +138% |
| Taxes | 450/3 | €4,588 | €9,512 | +€4,924 | +107% |
| Remuneration and social security | 454/9 | - | €1,420 | +€1,420 | |
| Other amounts payable | 47/48 | €7,515 | €55,327 | +€47,813 | +636% |
| Accrued charges and deferred income | 492/3 | €2,050 | €2,242 | +€192 | +9.4% |
| Remuneration, social security and pensions | 62 | €24,713 | €86,287 | +€61,575 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,077 | €13,668 | +€10,592 | +344% |
| Other operating charges | 640/8 | €19 | €71,212 | +€71,193 | +376,681% |
| Gross operating margin | 9900 | €8,560 | €81,466 | +€72,905 | +852% |
| Operating profit (loss) | 9901 | -€19,248 | -€89,701 | -€70,454 | -366% |
| Financial income | 75/76B | €20 | €346 | +€327 | +1,649% |
| Recurring financial income | 75 | €20 | €346 | +€327 | +1,649% |
| Financial charges | 65/66B | €5,648 | €12,807 | +€7,158 | +127% |
| Recurring financial charges | 65 | €5,648 | €12,807 | +€7,158 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€24,876 | -€102,162 | -€77,285 | -311% |
| Profit (loss) for the period | 9904 | -€24,876 | -€102,162 | -€77,285 | -311% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,876 | -€102,162 | -€77,285 | -311% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.