't Broodjesateljee: 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.
't Broodjesateljee
Largest movements
- Tangible fixed assets -€52,970
down €52,970 (-78.2%), from €67,700 to €14,729
of which Furniture and vehicles: -€46,213
- Cash -€22,644
down €22,644 (-47.6%), from €47,522 to €24,878
mainly Contributions, distributions and other (-€48,194) and Other debts (-€32,816)
- Receivables within one year +€19,268
up €19,268 (+74.5%), from €25,861 to €45,129
of which Trade receivables: +€27,431
- Stocks and contracts +€1,653
up €1,653 (+24.4%), from €6,763 to €8,416
- Reserves -€45,628
down €45,628 (-82.6%), from €55,221 to €9,592
- Other debts -€32,816
down €32,816 (-93.8%), from €35,000 to €2,184
- Trade debts +€25,546
up €25,546 (+453%), from €5,645 to €31,190
- Advances received +€22,664
new in 2025: €22,664
- Current portion of long-term debt -€13,780
down €13,780 (-100%), from €13,780 to €0
- Gross operating margin -€17,253
down €17,253 (-15.3%), from €112,522 to €95,270
- Depreciation -€15,799
down €15,799 (-63.3%), from €24,958 to €9,159
- Staff costs +€12,784
up €12,784 (+22.4%), from €57,067 to €69,851
- Financial income -€4,744
down €4,744 (-99.8%), from €4,754 to €9
- Taxes -€4,003
down €4,003 (-64.5%), from €6,206 to €2,203
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 | €149,219 | €93,220 | -€55,999 | -37.5% |
| Fixed assets | 21/28 | €67,700 | €14,729 | -€52,970 | -78.2% |
| Tangible fixed assets | 22/27 | €67,700 | €14,729 | -€52,970 | -78.2% |
| Land and buildings | 22 | €10,060 | €8,345 | -€1,715 | -17.0% |
| Plant, machinery and equipment | 23 | €9,760 | €4,718 | -€5,043 | -51.7% |
| Furniture and vehicles | 24 | €47,880 | €1,667 | -€46,213 | -96.5% |
| Current assets | 29/58 | €81,519 | €78,490 | -€3,029 | -3.7% |
| Stocks and contracts in progress | 3 | €6,763 | €8,416 | +€1,653 | +24.4% |
| Stocks | 30/36 | €6,763 | €8,416 | +€1,653 | +24.4% |
| Amounts receivable within one year | 40/41 | €25,861 | €45,129 | +€19,268 | +74.5% |
| Trade receivables | 40 | €4,069 | €31,500 | +€27,431 | +674% |
| Other amounts receivable | 41 | €21,792 | €13,629 | -€8,163 | -37.5% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €47,522 | €24,878 | -€22,644 | -47.6% |
| Deferred charges and accrued income | 490/1 | €1,373 | €68 | -€1,306 | -95.1% |
| Total equity and liabilities | 10/49 | €149,219 | €93,220 | -€55,999 | -37.5% |
| Equity | 10/15 | €75,221 | €29,592 | -€45,628 | -60.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €55,221 | €9,592 | -€45,628 | -82.6% |
| Distributable reserves | 133 | €55,221 | €9,592 | -€45,628 | -82.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,998 | €63,627 | -€10,371 | -14.0% |
| Amounts payable after more than one year | 17 | €7,022 | €0 | -€7,022 | -100% |
| Financial debts | 170/4 | €7,022 | €0 | -€7,022 | -100% |
| Amounts payable within one year | 42/48 | €66,976 | €63,627 | -€3,349 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €13,780 | €0 | -€13,780 | -100% |
| Trade debts | 44 | €5,645 | €31,190 | +€25,546 | +453% |
| Suppliers | 440/4 | €5,645 | €31,190 | +€25,546 | +453% |
| Advances received on contracts in progress | 46 | - | €22,664 | +€22,664 | |
| Taxes, remuneration and social security | 45 | €12,552 | €7,589 | -€4,963 | -39.5% |
| Taxes | 450/3 | €4,710 | €15 | -€4,695 | -99.7% |
| Remuneration and social security | 454/9 | €7,842 | €7,574 | -€268 | -3.4% |
| Other amounts payable | 47/48 | €35,000 | €2,184 | -€32,816 | -93.8% |
| Remuneration, social security and pensions | 62 | €57,067 | €69,851 | +€12,784 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,958 | €9,159 | -€15,799 | -63.3% |
| Other operating charges | 640/8 | €4,835 | €1,343 | -€3,492 | -72.2% |
| Non-recurring operating charges | 66A | - | €6,255 | +€6,255 | |
| Gross operating margin | 9900 | €112,522 | €95,270 | -€17,253 | -15.3% |
| Operating profit (loss) | 9901 | €25,662 | €8,662 | -€17,001 | -66.2% |
| Financial income | 75/76B | €4,754 | €9 | -€4,744 | -99.8% |
| Recurring financial income | 75 | €4,754 | €9 | -€4,744 | -99.8% |
| Financial charges | 65/66B | €3,506 | €3,902 | +€397 | +11.3% |
| Recurring financial charges | 65 | €3,506 | €3,902 | +€397 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €26,910 | €4,769 | -€22,141 | -82.3% |
| Income taxes | 67/77 | €6,206 | €2,203 | -€4,003 | -64.5% |
| Profit (loss) for the period | 9904 | €20,704 | €2,566 | -€18,138 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,704 | €2,566 | -€18,138 | -87.6% |
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 20 October 2026 via checked.be.