SWEET 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.
SWEET BAKERY
Largest movements
- Cash -€94,121
down €94,121 (-54.8%), from €171,666 to €77,545
mainly Investment in fixed assets (net) (-€74,388) and Net result for the year (-€49,472)
- Tangible fixed assets +€54,310
up €54,310 (+130%), from €41,846 to €96,156
of which Leasing and similar rights: +€56,965
- Stocks and contracts +€32,653
up €32,653 (+15.9%), from €205,480 to €238,133
- Debts after one year +€52,492
new in 2025: €52,492
- Profit (loss) carried forward -€49,472
down €49,472 (-8.7%), from €571,439 to €521,967
- Tax, wage and social debts -€31,848
down €31,848 (-27.8%), from €114,484 to €82,637
of which Taxes: -€22,190
- Other debts +€19,586
up €19,586 (+952%), from €2,057 to €21,643
- Current portion of long-term debt +€19,405
up €19,405 (+40.9%), from €47,413 to €66,818
- Staff costs +€18,915
up €18,915 (+2.1%), from €906,893 to €925,808
- Gross operating margin -€10,480
down €10,480 (-1.1%), from €928,718 to €918,238
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 | €853,230 | €855,309 | +€2,079 | +0.2% |
| Fixed assets | 21/28 | €341,846 | €396,156 | +€54,310 | +15.9% |
| Tangible fixed assets | 22/27 | €41,846 | €96,156 | +€54,310 | +130% |
| Plant, machinery and equipment | 23 | €30,444 | €27,167 | -€3,277 | -10.8% |
| Furniture and vehicles | 24 | €11,402 | €12,023 | +€621 | +5.4% |
| Leasing and similar rights | 25 | - | €56,965 | +€56,965 | |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €511,383 | €459,153 | -€52,230 | -10.2% |
| Stocks and contracts in progress | 3 | €205,480 | €238,133 | +€32,653 | +15.9% |
| Stocks | 30/36 | €205,480 | €238,133 | +€32,653 | +15.9% |
| Amounts receivable within one year | 40/41 | €128,142 | €132,278 | +€4,136 | +3.2% |
| Trade receivables | 40 | €34,300 | €35,015 | +€715 | +2.1% |
| Other amounts receivable | 41 | €93,843 | €97,264 | +€3,421 | +3.6% |
| Cash at bank and in hand | 54/58 | €171,666 | €77,545 | -€94,121 | -54.8% |
| Deferred charges and accrued income | 490/1 | €6,096 | €11,197 | +€5,102 | +83.7% |
| Total equity and liabilities | 10/49 | €853,230 | €855,309 | +€2,079 | +0.2% |
| Equity | 10/15 | €611,152 | €561,680 | -€49,472 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,113 | €21,113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,253 | €19,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | €571,439 | €521,967 | -€49,472 | -8.7% |
| Amounts payable | 17/49 | €242,078 | €293,629 | +€51,552 | +21.3% |
| Amounts payable after more than one year | 17 | - | €52,492 | +€52,492 | |
| Financial debts | 170/4 | - | €52,492 | +€52,492 | |
| Amounts payable within one year | 42/48 | €242,078 | €240,855 | -€1,223 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €47,413 | €66,818 | +€19,405 | +40.9% |
| Trade debts | 44 | €78,123 | €69,757 | -€8,366 | -10.7% |
| Suppliers | 440/4 | €78,123 | €69,757 | -€8,366 | -10.7% |
| Taxes, remuneration and social security | 45 | €114,484 | €82,637 | -€31,848 | -27.8% |
| Taxes | 450/3 | €27,917 | €5,727 | -€22,190 | -79.5% |
| Remuneration and social security | 454/9 | €86,567 | €76,909 | -€9,658 | -11.2% |
| Other amounts payable | 47/48 | €2,057 | €21,643 | +€19,586 | +952% |
| Accrued charges and deferred income | 492/3 | - | €282 | +€282 | |
| Non-recurring operating income | 76A | €3,529 | €1,386 | -€2,143 | -60.7% |
| Remuneration, social security and pensions | 62 | €906,893 | €925,808 | +€18,915 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,654 | €20,078 | -€1,576 | -7.3% |
| Other operating charges | 640/8 | €1,793 | €1,241 | -€552 | -30.8% |
| Gross operating margin | 9900 | €928,718 | €918,238 | -€10,480 | -1.1% |
| Operating profit (loss) | 9901 | -€1,621 | -€28,890 | -€27,268 | -1,682% |
| Financial income | 75/76B | €1,675 | €784 | -€890 | -53.2% |
| Recurring financial income | 75 | €1,675 | €784 | -€890 | -53.2% |
| Financial charges | 65/66B | €15,963 | €20,088 | +€4,126 | +25.8% |
| Recurring financial charges | 65 | €15,963 | €20,088 | +€4,126 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,909 | -€48,193 | -€32,284 | -203% |
| Income taxes | 67/77 | €1,068 | €1,279 | +€210 | +19.7% |
| Profit (loss) for the period | 9904 | -€16,978 | -€49,472 | -€32,494 | -191% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,978 | -€49,472 | -€32,494 | -191% |
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 22 October 2026 via checked.be.