TOON DE KLERCK: what changed
What changed
TOON DE KLERCK
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€21,219
2024 · €68,853-€47,634
Equity
€190,871
2024 · €169,652+€21,219
Cash
€53,955
2024 · €55,504-€1,549
Balance sheet total
€961,496
2024 · €964,991-€3,495
Largest movements
Assets
- Tangible fixed assets -€14,993
down €14,993 (-2.2%), from €692,199 to €677,205
of which Plant, machinery and equipment: -€17,284
- Receivables within one year +€14,629
up €14,629 (+7.5%), from €195,707 to €210,335
of which Other amounts receivable: +€33,061
Equity and liabilities
- Debts after one year -€77,944
down €77,944 (-16.4%), from €474,663 to €396,719
- Current portion of long-term debt +€30,026
up €30,026 (+35.3%), from €84,992 to €115,018
- Trade debts +€24,795
up €24,795 (+15.8%), from €156,819 to €181,614
- Reserves +€21,219
up €21,219 (+14.0%), from €151,052 to €172,271
Income statement
- Staff costs +€55,713
up €55,713 (+17.0%), from €327,287 to €383,000
- Other operating charges -€17,669
down €17,669 (-69.1%), from €25,585 to €7,916
- Financial charges +€11,303
up €11,303 (+53.7%), from €21,063 to €32,366
- Financial income +€8,871
up €8,871 (+346%), from €2,562 to €11,433
- Depreciation +€7,625
up €7,625 (+12.1%), from €63,068 to €70,694
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.
Result 2024
€68,853
Gross operating margin
-€14
Staff costs
-€55,713
Depreciation
-€7,625
Other operating charges
+€17,669
Financial income
+€8,871
Financial charges
-€11,303
Taxes
+€482
Result 2025
€21,219
raises the resultlowers the result
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.
From operations
+€102,192
Investment
-€55,701
Financing
-€48,041
Cash 2024
€55,504
From operations (derived)
+€102,192
Net result for the year
+€21,219
Depreciation
+€70,694
Receivables within one year
-€14,629
Deferred charges and accrued income
+€1,581
Trade debts
+€24,795
Tax, wage and social debts
-€268
Other debts
-€900
Accrued charges and deferred income
-€300
Investment (derived)
-€55,701
Investment in fixed assets (net)
-€55,701
Financing
-€48,041
Debts after one year
-€77,944
Current portion of long-term debt
+€30,026
Short-term financial debts
-€123
Cash 2025
€53,955
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €964,991 | €961,496 | -€3,495 | -0.4% |
| Fixed assets | 21/28 | €692,199 | €677,205 | -€14,993 | -2.2% |
| Tangible fixed assets | 22/27 | €692,199 | €677,205 | -€14,993 | -2.2% |
| Land and buildings | 22 | €408,974 | €395,322 | -€13,652 | -3.3% |
| Plant, machinery and equipment | 23 | €149,367 | €132,084 | -€17,284 | -11.6% |
| Furniture and vehicles | 24 | €20,426 | €22,482 | +€2,055 | +10.1% |
| Other tangible fixed assets | 26 | €113,431 | €127,318 | +€13,887 | +12.2% |
| Current assets | 29/58 | €272,792 | €284,290 | +€11,498 | +4.2% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €195,707 | €210,335 | +€14,629 | +7.5% |
| Trade receivables | 40 | €39,528 | €21,096 | -€18,432 | -46.6% |
| Other amounts receivable | 41 | €156,179 | €189,240 | +€33,061 | +21.2% |
| Cash at bank and in hand | 54/58 | €55,504 | €53,955 | -€1,549 | -2.8% |
| Deferred charges and accrued income | 490/1 | €1,581 | - | -€1,581 | |
| Total equity and liabilities | 10/49 | €964,991 | €961,496 | -€3,495 | -0.4% |
| Equity | 10/15 | €169,652 | €190,871 | +€21,219 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,052 | €172,271 | +€21,219 | +14.0% |
| Distributable reserves | 133 | €151,052 | €172,271 | +€21,219 | +14.0% |
| Amounts payable | 17/49 | €795,339 | €770,625 | -€24,714 | -3.1% |
| Amounts payable after more than one year | 17 | €474,663 | €396,719 | -€77,944 | -16.4% |
| Financial debts | 170/4 | €474,663 | €396,719 | -€77,944 | -16.4% |
| Amounts payable within one year | 42/48 | €320,376 | €373,906 | +€53,530 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €84,992 | €115,018 | +€30,026 | +35.3% |
| Financial debts | 43 | €7,476 | €7,353 | -€123 | -1.6% |
| Credit institutions | 430/8 | €7,476 | €7,353 | -€123 | -1.6% |
| Trade debts | 44 | €156,819 | €181,614 | +€24,795 | +15.8% |
| Suppliers | 440/4 | €156,819 | €181,614 | +€24,795 | +15.8% |
| Taxes, remuneration and social security | 45 | €68,290 | €68,021 | -€268 | -0.4% |
| Taxes | 450/3 | €12,402 | €7,856 | -€4,546 | -36.7% |
| Remuneration and social security | 454/9 | €55,887 | €60,165 | +€4,278 | +7.7% |
| Other amounts payable | 47/48 | €2,800 | €1,900 | -€900 | -32.1% |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Remuneration, social security and pensions | 62 | €327,287 | €383,000 | +€55,713 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,068 | €70,694 | +€7,625 | +12.1% |
| Other operating charges | 640/8 | €25,585 | €7,916 | -€17,669 | -69.1% |
| Gross operating margin | 9900 | €510,360 | €510,346 | -€14 | 0.0% |
| Operating profit (loss) | 9901 | €94,419 | €48,736 | -€45,683 | -48.4% |
| Financial income | 75/76B | €2,562 | €11,433 | +€8,871 | +346% |
| Recurring financial income | 75 | €2,562 | €11,433 | +€8,871 | +346% |
| Financial charges | 65/66B | €21,063 | €32,366 | +€11,303 | +53.7% |
| Recurring financial charges | 65 | €21,063 | €32,366 | +€11,303 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €75,918 | €27,802 | -€48,115 | -63.4% |
| Income taxes | 67/77 | €7,065 | €6,584 | -€482 | -6.8% |
| Profit (loss) for the period | 9904 | €68,853 | €21,219 | -€47,634 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,853 | €21,219 | -€47,634 | -69.2% |
Next steps
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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 6 November 2026 via checked.be.