VANHERCK BAKKERIJ: what changed
VANHERCK BAKKERIJ
Largest movements
- Tangible fixed assets +€244,220
up €244,220 (+266%), from €91,773 to €335,993
of which Land and buildings: +€255,728
- Receivables within one year +€72,863
up €72,863 (+406%), from €17,940 to €90,803
of which Other amounts receivable: +€87,483
- Cash -€65,316
down €65,316 (-77.9%), from €83,834 to €18,518
mainly Investment in fixed assets (net) (-€318,435) and Receivables within one year (-€72,863)
- Debts after one year +€220,272
up €220,272 (+305%), from €72,218 to €292,490
- Trade debts +€20,522
up €20,522 (+229%), from €8,954 to €29,476
- Current portion of long-term debt -€14,936
down €14,936 (-94.8%), from €15,760 to €824
- Reserves +€11,575
up €11,575 (+14.6%), from €79,490 to €91,065
- Other debts +€9,257
new in 2024: €9,257
- Other operating charges +€31,210
up €31,210 (+1,794%), from €1,739 to €32,950
- Depreciation +€23,308
up €23,308 (+45.8%), from €50,908 to €74,216
- Staff costs -€11,404
down €11,404 (-16.2%), from €70,205 to €58,801
- Gross operating margin -€5,678
down €5,678 (-3.0%), from €189,888 to €184,210
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,674 | €449,427 | +€252,753 | +129% |
| Fixed assets | 21/28 | €91,773 | €335,993 | +€244,220 | +266% |
| Tangible fixed assets | 22/27 | €91,773 | €335,993 | +€244,220 | +266% |
| Land and buildings | 22 | - | €255,728 | +€255,728 | |
| Plant, machinery and equipment | 23 | €87,207 | €43,242 | -€43,965 | -50.4% |
| Furniture and vehicles | 24 | €4,566 | €37,023 | +€32,457 | +711% |
| Current assets | 29/58 | €104,901 | €113,435 | +€8,533 | +8.1% |
| Stocks and contracts in progress | 3 | €3,127 | €4,114 | +€987 | +31.6% |
| Stocks | 30/36 | €3,127 | €4,114 | +€987 | +31.6% |
| Amounts receivable within one year | 40/41 | €17,940 | €90,803 | +€72,863 | +406% |
| Trade receivables | 40 | €15,736 | €1,116 | -€14,620 | -92.9% |
| Other amounts receivable | 41 | €2,204 | €89,687 | +€87,483 | +3,969% |
| Cash at bank and in hand | 54/58 | €83,834 | €18,518 | -€65,316 | -77.9% |
| Total equity and liabilities | 10/49 | €196,674 | €449,427 | +€252,753 | +129% |
| Equity | 10/15 | €94,490 | €106,065 | +€11,575 | +12.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €79,490 | €91,065 | +€11,575 | +14.6% |
| Distributable reserves | 133 | €79,490 | €91,065 | +€11,575 | +14.6% |
| Amounts payable | 17/49 | €102,184 | €343,362 | +€241,178 | +236% |
| Amounts payable after more than one year | 17 | €72,218 | €292,490 | +€220,272 | +305% |
| Financial debts | 170/4 | €72,218 | €292,490 | +€220,272 | +305% |
| Amounts payable within one year | 42/48 | €29,272 | €50,872 | +€21,600 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | €15,760 | €824 | -€14,936 | -94.8% |
| Trade debts | 44 | €8,954 | €29,476 | +€20,522 | +229% |
| Suppliers | 440/4 | €8,954 | €29,476 | +€20,522 | +229% |
| Taxes, remuneration and social security | 45 | €4,558 | €11,315 | +€6,757 | +148% |
| Taxes | 450/3 | €654 | - | -€654 | |
| Remuneration and social security | 454/9 | €3,903 | €11,315 | +€7,412 | +190% |
| Other amounts payable | 47/48 | - | €9,257 | +€9,257 | |
| Accrued charges and deferred income | 492/3 | €694 | - | -€694 | |
| Non-recurring operating income | 76A | €6,500 | €34,537 | +€28,037 | +431% |
| Remuneration, social security and pensions | 62 | €70,205 | €58,801 | -€11,404 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,908 | €74,216 | +€23,308 | +45.8% |
| Other operating charges | 640/8 | €1,739 | €32,950 | +€31,210 | +1,794% |
| Gross operating margin | 9900 | €189,888 | €184,210 | -€5,678 | -3.0% |
| Operating profit (loss) | 9901 | €67,035 | €18,244 | -€48,792 | -72.8% |
| Financial income | 75/76B | €100 | €56 | -€44 | -43.8% |
| Recurring financial income | 75 | €100 | €56 | -€44 | -43.8% |
| Financial charges | 65/66B | €4,958 | €6,725 | +€1,767 | +35.6% |
| Recurring financial charges | 65 | €4,958 | €6,725 | +€1,767 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €62,178 | €11,575 | -€50,603 | -81.4% |
| Income taxes | 67/77 | €1,246 | - | -€1,246 | |
| Profit (loss) for the period | 9904 | €60,932 | €11,575 | -€49,357 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,932 | €11,575 | -€49,357 | -81.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.