BREADERS: what changed
BREADERS
Largest movements
- Receivables within one year -€12,274
down €12,274 (-88.8%), from €13,815 to €1,542
of which Trade receivables: -€12,892
- Trade debts -€5,728
no longer reported in 2023 (was €5,728)
- Tax, wage and social debts -€5,327
no longer reported in 2023 (was €5,327)
of which Remuneration and social security: -€5,089
- Profit (loss) carried forward -€2,593
down €2,593 (-20.7%), from -€12,542 to -€15,135
- Other debts +€1,174
up €1,174 (+3.9%), from €29,804 to €30,978
- Staff costs -€25,597
no longer reported in 2023 (was €25,597)
- Gross operating margin -€19,290
down €19,290, from €17,477 to -€1,813
- Depreciation -€3,750
no longer reported in 2023 (was €3,750)
- Other operating charges +€578
up €578 (+816%), from €71 to €649
- Financial charges -€470
down €470 (-78.1%), from €602 to €132
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,318 | €35,909 | -€12,409 | -25.7% |
| Fixed assets | 21/28 | €33,750 | €33,854 | +€104 | +0.3% |
| Intangible fixed assets | 21 | €33,750 | €33,750 | = | 0.0% |
| Financial fixed assets | 28 | - | €104 | +€104 | |
| Current assets | 29/58 | €14,568 | €2,055 | -€12,513 | -85.9% |
| Amounts receivable within one year | 40/41 | €13,815 | €1,542 | -€12,274 | -88.8% |
| Trade receivables | 40 | €12,892 | - | -€12,892 | |
| Other amounts receivable | 41 | €923 | €1,542 | +€618 | +67.0% |
| Cash at bank and in hand | 54/58 | €314 | €513 | +€200 | +63.6% |
| Deferred charges and accrued income | 490/1 | €439 | - | -€439 | |
| Total equity and liabilities | 10/49 | €48,318 | €35,909 | -€12,409 | -25.7% |
| Equity | 10/15 | €7,458 | €4,865 | -€2,593 | -34.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,542 | -€15,135 | -€2,593 | -20.7% |
| Amounts payable | 17/49 | €40,860 | €31,044 | -€9,816 | -24.0% |
| Amounts payable within one year | 42/48 | €40,860 | €31,044 | -€9,816 | -24.0% |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €5,728 | - | -€5,728 | |
| Suppliers | 440/4 | €5,728 | - | -€5,728 | |
| Taxes, remuneration and social security | 45 | €5,327 | - | -€5,327 | |
| Taxes | 450/3 | €238 | - | -€238 | |
| Remuneration and social security | 454/9 | €5,089 | - | -€5,089 | |
| Other amounts payable | 47/48 | €29,804 | €30,978 | +€1,174 | +3.9% |
| Remuneration, social security and pensions | 62 | €25,597 | - | -€25,597 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | - | -€3,750 | |
| Other operating charges | 640/8 | €71 | €649 | +€578 | +816% |
| Gross operating margin | 9900 | €17,477 | -€1,813 | -€19,290 | |
| Operating profit (loss) | 9901 | -€11,940 | -€2,461 | +€9,479 | +79.4% |
| Financial charges | 65/66B | €602 | €132 | -€470 | -78.1% |
| Recurring financial charges | 65 | €602 | €132 | -€470 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
| Profit (loss) for the period | 9904 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,542 | -€2,593 | +€9,949 | +79.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.