Antwerps Brouwinitiatief: what changed
Antwerps Brouwinitiatief
Largest movements
- Stocks and contracts -€6,961
down €6,961 (-47.8%), from €14,576 to €7,614
- Cash +€3,291
up €3,291 (+309%), from €1,066 to €4,357
mainly Stocks and contracts (+€6,961) and Receivables within one year (+€1,337)
- Receivables within one year -€1,337
down €1,337 (-33.6%), from €3,981 to €2,643
of which Other amounts receivable: -€2,899
- Profit (loss) carried forward -€3,809
down €3,809 (-184%), from -€2,075 to -€5,884
- Other debts -€1,000
down €1,000 (-24.8%), from €4,035 to €3,035
- Trade debts -€928
down €928 (-69.9%), from €1,328 to €400
- Tax, wage and social debts +€653
new in 2025: €653
- Gross operating margin -€1,941
down €1,941, from €173 to -€1,768
- Write-downs +€989
new in 2025: €989
- Depreciation +€129
new in 2025: €129
- Other operating charges +€23
up €23 (+2.9%), from €788 to €811
- Financial income -€21
down €21 (-87.4%), from €24 to €3
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 | €19,623 | €14,615 | -€5,008 | -25.5% |
| Current assets | 29/58 | €19,623 | €14,615 | -€5,008 | -25.5% |
| Stocks and contracts in progress | 3 | €14,576 | €7,614 | -€6,961 | -47.8% |
| Stocks | 30/36 | €14,576 | €7,614 | -€6,961 | -47.8% |
| Amounts receivable within one year | 40/41 | €3,981 | €2,643 | -€1,337 | -33.6% |
| Trade receivables | 40 | €1,071 | €2,632 | +€1,562 | +146% |
| Other amounts receivable | 41 | €2,910 | €11 | -€2,899 | -99.6% |
| Cash at bank and in hand | 54/58 | €1,066 | €4,357 | +€3,291 | +309% |
| Total equity and liabilities | 10/49 | €19,623 | €14,615 | -€5,008 | -25.5% |
| Equity | 10/15 | €3,925 | €116 | -€3,809 | -97.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,075 | -€5,884 | -€3,809 | -184% |
| Amounts payable | 17/49 | €15,698 | €14,499 | -€1,199 | -7.6% |
| Amounts payable after more than one year | 17 | €10,335 | €10,335 | = | 0.0% |
| Financial debts | 170/4 | - | €10,335 | +€10,335 | |
| Other amounts payable | 178/9 | €10,335 | - | -€10,335 | |
| Amounts payable within one year | 42/48 | €5,363 | €4,164 | -€1,199 | -22.4% |
| Trade debts | 44 | €1,328 | €400 | -€928 | -69.9% |
| Suppliers | 440/4 | €1,328 | €400 | -€928 | -69.9% |
| Advances received on contracts in progress | 46 | - | €76 | +€76 | |
| Taxes, remuneration and social security | 45 | - | €653 | +€653 | |
| Taxes | 450/3 | - | €653 | +€653 | |
| Other amounts payable | 47/48 | €4,035 | €3,035 | -€1,000 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €129 | +€129 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €989 | +€989 | |
| Other operating charges | 640/8 | €788 | €811 | +€23 | +2.9% |
| Gross operating margin | 9900 | €173 | -€1,768 | -€1,941 | |
| Operating profit (loss) | 9901 | -€615 | -€3,698 | -€3,083 | -501% |
| Financial income | 75/76B | €24 | €3 | -€21 | -87.4% |
| Recurring financial income | 75 | €24 | €3 | -€21 | -87.4% |
| Financial charges | 65/66B | €115 | €114 | -€1 | -1.0% |
| Recurring financial charges | 65 | €115 | €114 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€706 | -€3,809 | -€3,103 | -440% |
| Profit (loss) for the period | 9904 | -€706 | -€3,809 | -€3,103 | -440% |
| Profit (loss) for the period to be appropriated | 9905 | -€706 | -€3,809 | -€3,103 | -440% |
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 4 November 2026 via checked.be.