BREAD & TEA: what changed
BREAD & TEA
Largest movements
- Cash -€3,987
down €3,987 (-91.8%), from €4,342 to €355
mainly Net result for the year (-€13,131) and Debts after one year (-€7,835)
- Receivables within one year -€2,734
no longer reported in 2025 (was €2,734)
- Stocks and contracts -€1,962
no longer reported in 2025 (was €1,962)
- Profit (loss) carried forward -€13,131
down €13,131 (-16.4%), from -€79,867 to -€92,998
- Other debts +€11,227
new in 2025: €11,227
- Debts after one year -€7,835
down €7,835 (-13.2%), from €59,497 to €51,663
- Trade debts +€1,462
up €1,462 (+20.9%), from €6,999 to €8,460
- Tax, wage and social debts -€311
down €311 (-6.7%), from €4,671 to €4,360
of which Taxes: -€1,720
- Gross operating margin -€39,278
down €39,278 (-93.0%), from €42,226 to €2,949
- Staff costs -€1,670
down €1,670 (-10.1%), from €16,475 to €14,804
- Depreciation -€600
no longer reported in 2025 (was €600)
- Financial charges +€471
up €471 (+312%), from €151 to €623
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,712 | €3,029 | -€8,683 | -74.1% |
| Fixed assets | 21/28 | €2,674 | €2,674 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,174 | €2,174 | = | 0.0% |
| Furniture and vehicles | 24 | €201 | €201 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,973 | €1,973 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €9,039 | €355 | -€8,683 | -96.1% |
| Stocks and contracts in progress | 3 | €1,962 | - | -€1,962 | |
| Stocks | 30/36 | €1,962 | - | -€1,962 | |
| Amounts receivable within one year | 40/41 | €2,734 | - | -€2,734 | |
| Other amounts receivable | 41 | €2,734 | - | -€2,734 | |
| Cash at bank and in hand | 54/58 | €4,342 | €355 | -€3,987 | -91.8% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €11,712 | €3,029 | -€8,683 | -74.1% |
| Equity | 10/15 | -€61,267 | -€74,398 | -€13,131 | -21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,867 | -€92,998 | -€13,131 | -16.4% |
| Amounts payable | 17/49 | €72,979 | €77,427 | +€4,448 | +6.1% |
| Amounts payable after more than one year | 17 | €59,497 | €51,663 | -€7,835 | -13.2% |
| Other amounts payable | 178/9 | €59,497 | €51,663 | -€7,835 | -13.2% |
| Amounts payable within one year | 42/48 | €11,765 | €24,048 | +€12,282 | +104% |
| Financial debts | 43 | €96 | - | -€96 | |
| Credit institutions | 430/8 | €96 | - | -€96 | |
| Trade debts | 44 | €6,999 | €8,460 | +€1,462 | +20.9% |
| Suppliers | 440/4 | €6,999 | €8,460 | +€1,462 | +20.9% |
| Taxes, remuneration and social security | 45 | €4,671 | €4,360 | -€311 | -6.7% |
| Taxes | 450/3 | €2,180 | €460 | -€1,720 | -78.9% |
| Remuneration and social security | 454/9 | €2,491 | €3,900 | +€1,409 | +56.5% |
| Other amounts payable | 47/48 | - | €11,227 | +€11,227 | |
| Accrued charges and deferred income | 492/3 | €1,717 | €1,717 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,475 | €14,804 | -€1,670 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €600 | - | -€600 | |
| Other operating charges | 640/8 | €702 | €653 | -€48 | -6.9% |
| Gross operating margin | 9900 | €42,226 | €2,949 | -€39,278 | -93.0% |
| Operating profit (loss) | 9901 | €24,451 | -€12,509 | -€36,959 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €151 | €623 | +€471 | +312% |
| Recurring financial charges | 65 | €151 | €623 | +€471 | +312% |
| Profit (loss) for the period before taxes | 9903 | €24,300 | -€13,131 | -€37,431 | |
| Profit (loss) for the period | 9904 | €24,300 | -€13,131 | -€37,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,300 | -€13,131 | -€37,431 |
Next steps
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.