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STATION BAKKERIJ: 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.

What changed

STATION BAKKERIJ

BE 0800.319.581
NACE 10.720, Manufacture of rusks, biscuits and preserved pastry goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€72,057
2024 · €15,275+€56,782
Equity
€95,245
2024 · €23,189+€72,056
Cash
€46,581
2024 · €31,478+€15,103
Balance sheet total
€133,476
2024 · €63,599+€69,877

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€32,825

    up €32,825 (+457%), from €7,175 to €40,000

  • Tangible fixed assets +€19,215

    new in 2025: €19,215

    of which Furniture and vehicles: +€18,175

  • Cash +€15,103

    up €15,103 (+48.0%), from €31,478 to €46,581

    mainly Net result for the year (+€72,057) and Tax, wage and social debts (+€22,686)

  • Receivables within one year +€5,734

    up €5,734 (+606%), from €946 to €6,680

    of which Trade receivables: +€4,054

  • Intangible fixed assets -€3,000

    down €3,000 (-12.5%), from €24,000 to €21,000

Equity and liabilities
  • Profit (loss) carried forward +€72,056

    up €72,056 (+311%), from €23,189 to €95,245

  • Trade debts -€24,865

    down €24,865 (-66.0%), from €37,648 to €12,783

  • Tax, wage and social debts +€22,686

    up €22,686 (+821%), from €2,762 to €25,448

Income statement
  • Turnover +€190,411

    up €190,411 (+50.8%), from €374,849 to €565,260

  • Gross operating margin +€138,240

    up €138,240 (+745%), from €18,550 to €156,790

  • Purchases and services +€52,121

    up €52,121 (+14.6%), from €356,349 to €408,470

  • Staff costs +€42,422

    new in 2025: €42,422

  • Taxes +€29,611

    new in 2025: €29,611

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 €15,275
Gross operating margin +€138,240
Staff costs -€42,422
Depreciation -€9,347
Other operating charges -€78
Taxes -€29,611
Result 2025 €72,057
raises the resultlowers the result

Derived cash bridge

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 +€43,666
Investment -€28,562
Financing -€1
Cash 2024 €31,478
Net result for the year +€72,057
Depreciation +€12,347
Stocks and contracts -€32,825
Receivables within one year -€5,734
Trade debts -€24,865
Tax, wage and social debts +€22,686
Investment in fixed assets (net) -€28,562
Contributions, distributions and other -€1
Cash 2025 €46,581
brings cash intakes cash out
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €63,599 €133,476 +€69,877 +110%
Fixed assets 21/28 €24,000 €40,215 +€16,215 +67.6%
Intangible fixed assets 21 €24,000 €21,000 -€3,000 -12.5%
Tangible fixed assets 22/27 - €19,215 +€19,215
Plant, machinery and equipment 23 - €1,040 +€1,040
Furniture and vehicles 24 - €18,175 +€18,175
Current assets 29/58 €39,599 €93,261 +€53,662 +136%
Stocks and contracts in progress 3 €7,175 €40,000 +€32,825 +457%
Stocks 30/36 €7,175 €40,000 +€32,825 +457%
Amounts receivable within one year 40/41 €946 €6,680 +€5,734 +606%
Trade receivables 40 €946 €5,000 +€4,054 +429%
Other amounts receivable 41 - €1,680 +€1,680
Cash at bank and in hand 54/58 €31,478 €46,581 +€15,103 +48.0%
Total equity and liabilities 10/49 €63,599 €133,476 +€69,877 +110%
Equity 10/15 €23,189 €95,245 +€72,056 +311%
Profit (loss) carried forward 14 €23,189 €95,245 +€72,056 +311%
Amounts payable 17/49 €40,410 €38,231 -€2,179 -5.4%
Amounts payable within one year 42/48 €40,410 €38,231 -€2,179 -5.4%
Trade debts 44 €37,648 €12,783 -€24,865 -66.0%
Suppliers 440/4 €37,648 €12,783 -€24,865 -66.0%
Taxes, remuneration and social security 45 €2,762 €25,448 +€22,686 +821%
Taxes 450/3 €2,762 €25,448 +€22,686 +821%
Turnover 70 €374,849 €565,260 +€190,411 +50.8%
Goods, raw materials, services and sundry goods 60/61 €356,349 €408,470 +€52,121 +14.6%
Remuneration, social security and pensions 62 - €42,422 +€42,422
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,000 €12,347 +€9,347 +312%
Other operating charges 640/8 €275 €353 +€78 +28.4%
Gross operating margin 9900 €18,550 €156,790 +€138,240 +745%
Operating profit (loss) 9901 €15,275 €101,668 +€86,393 +566%
Profit (loss) for the period before taxes 9903 €15,275 €101,668 +€86,393 +566%
Income taxes 67/77 - €29,611 +€29,611
Profit (loss) for the period 9904 €15,275 €72,057 +€56,782 +372%
Profit (loss) for the period to be appropriated 9905 €15,275 €72,057 +€56,782 +372%

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 28 October 2026 via checked.be.