ALL DRINKS: 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.
What changed
ALL DRINKS
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€15,424
2025 · -€13,725+€29,149
Equity
€92,513
2025 · €77,088+€15,424
Cash
€16,343
2025 · €7,099+€9,244
Balance sheet total
€2.7m
2025 · €2.7m+€36,549
Largest movements
Assets
- Tangible fixed assets +€44,556
up €44,556 (+10.9%), from €407,281 to €451,837
of which Assets under construction and advance payments: +€69,511
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€15,590
up €15,590 (+37.2%), from €41,962 to €57,552
- Depreciation -€3,385
down €3,385 (-11.9%), from €28,340 to €24,955
- Financial charges -€1,335
down €1,335 (-9.9%), from €13,497 to €12,162
- Other operating charges +€632
up €632 (+15.3%), from €4,129 to €4,761
From the 2025 result to the 2026 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.
Result 2025
-€13,725
Gross operating margin
+€15,590
Depreciation
+€3,385
Other operating charges
-€632
Other operating items
+€9,588
Financial charges
+€1,335
Taxes
-€118
Result 2026
€15,424
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€84,904
Investment
-€69,511
Financing
-€6,149
Cash 2025
€7,099
From operations (derived)
+€84,904
Net result for the year
+€15,424
Depreciation
+€24,955
Receivables within one year
+€17,439
Deferred charges and accrued income
-€188
Trade debts
+€26,261
Tax, wage and social debts
+€272
Accrued charges and deferred income
+€740
Investment (derived)
-€69,511
Investment in fixed assets (net)
-€69,511
Financing
-€6,149
Debts after one year
-€20,869
Current portion of long-term debt
+€14,720
Cash 2026
€16,343
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,660,839 | €2,697,388 | +€36,549 | +1.4% |
| Fixed assets | 21/28 | €2,507,281 | €2,551,837 | +€44,556 | +1.8% |
| Tangible fixed assets | 22/27 | €407,281 | €451,837 | +€44,556 | +10.9% |
| Land and buildings | 22 | €305,939 | €290,228 | -€15,711 | -5.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,942 | €19,698 | -€9,244 | -31.9% |
| Assets under construction and advance payments | 27 | €72,401 | €141,911 | +€69,511 | +96.0% |
| Financial fixed assets | 28 | €2,100,000 | €2,100,000 | = | 0.0% |
| Current assets | 29/58 | €153,558 | €145,551 | -€8,007 | -5.2% |
| Amounts receivable within one year | 40/41 | €142,324 | €124,885 | -€17,439 | -12.3% |
| Trade receivables | 40 | €2,989 | €24,132 | +€21,143 | +707% |
| Other amounts receivable | 41 | €139,335 | €100,753 | -€38,582 | -27.7% |
| Cash at bank and in hand | 54/58 | €7,099 | €16,343 | +€9,244 | +130% |
| Deferred charges and accrued income | 490/1 | €4,135 | €4,323 | +€188 | +4.5% |
| Total equity and liabilities | 10/49 | €2,660,839 | €2,697,388 | +€36,549 | +1.4% |
| Equity | 10/15 | €77,088 | €92,513 | +€15,424 | +20.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €90,707 | €90,707 | = | 0.0% |
| Distributable reserves | 133 | €90,707 | €90,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,618 | -€17,194 | +€15,424 | +47.3% |
| Amounts payable | 17/49 | €2,583,751 | €2,604,875 | +€21,125 | +0.8% |
| Amounts payable after more than one year | 17 | €2,366,928 | €2,346,059 | -€20,869 | -0.9% |
| Financial debts | 170/4 | €491,311 | €496,458 | +€5,147 | +1.0% |
| Other amounts payable | 178/9 | €1,875,616 | €1,849,601 | -€26,016 | -1.4% |
| Amounts payable within one year | 42/48 | €215,511 | €256,765 | +€41,253 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €33,494 | €48,214 | +€14,720 | +43.9% |
| Financial debts | 43 | €175,000 | €175,000 | = | 0.0% |
| Credit institutions | 430/8 | €175,000 | €175,000 | = | 0.0% |
| Trade debts | 44 | €3,353 | €29,614 | +€26,261 | +783% |
| Suppliers | 440/4 | €3,353 | €29,614 | +€26,261 | +783% |
| Taxes, remuneration and social security | 45 | €3,664 | €3,936 | +€272 | +7.4% |
| Taxes | 450/3 | €3,664 | €3,936 | +€272 | +7.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,312 | €2,052 | +€740 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,340 | €24,955 | -€3,385 | -11.9% |
| Other operating charges | 640/8 | €4,129 | €4,761 | +€632 | +15.3% |
| Non-recurring operating charges | 66A | €9,588 | €0 | -€9,588 | -100% |
| Gross operating margin | 9900 | €41,962 | €57,552 | +€15,590 | +37.2% |
| Operating profit (loss) | 9901 | -€96 | €27,836 | +€27,932 | |
| Financial charges | 65/66B | €13,497 | €12,162 | -€1,335 | -9.9% |
| Recurring financial charges | 65 | €13,497 | €12,162 | -€1,335 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,594 | €15,674 | +€29,268 | |
| Income taxes | 67/77 | €132 | €250 | +€118 | +89.9% |
| Profit (loss) for the period | 9904 | -€13,725 | €15,424 | +€29,149 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,725 | €15,424 | +€29,149 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.