BEER MANAGEMENT: what changed
Two fiscal 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
BEER MANAGEMENT
NACE 73.200, Market research and public opinion polling
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€340,138
2024 · €1.2m-€818,570
Equity
€13.1m
2024 · €12.9m+€197,138
Cash
€293,093
2024 · €28,766+€264,327
Balance sheet total
€13.9m
2024 · €13.6m+€235,744
Largest movements
Assets
- Cash +€264,327
up €264,327 (+918.9%), from €28,766 to €293,093
mainly Net result for the year (+€340,138) and Other debts (+€56,581)
Equity and liabilities
- Profit (loss) carried forward +€180,131
up €180,131 (+5.4%), from €3.4m to €3.5m
Income statement
- Financial income -€793,790
down €793,790 (-72.6%), from €1.1m to €300,272
- Turnover -€62,400
down €62,400 (-9.0%), from €694,720 to €632,320
- Staff costs -€43,613
down €43,613, from €43,560 to -€53
- Services and other goods +€27,699
up €27,699 (+3.6%), from €760,299 to €787,998
- Other operating income +€12,042
up €12,042 (+6.2%), from €195,765 to €207,806
From the 2024 result to the 2025 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 2024
€1.2m
Turnover
-€62,400
Other operating income
+€12,042
Services and other goods
-€27,699
Staff costs
+€43,613
Depreciation
-€244
Other operating charges
+€324
Financial income
-€793,790
Financial charges
+€68
Taxes
+€9,516
Result 2025
€340,138
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€407,300
Investment
+€56
Financing
-€143,028
Cash 2024
€28,766
From operations (derived)
+€407,300
Net result for the year
+€340,138
Depreciation
+€3,479
Receivables within one year
+€25,579
Deferred charges and accrued income
-€531
Provisions
-€13,769
Trade debts
+€869
Tax, wage and social debts
-€5,937
Other debts
+€56,581
Accrued charges and deferred income
+€890
Investment (derived)
+€56
Investment in fixed assets (net)
+€56
Financing
-€143,028
Short-term financial debts
-€28
Contributions, distributions and other
-€143,000
Cash 2025
€293,093
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,619,237 | €13,854,981 | +€235,744 | +1.7% |
| Fixed assets | 21/28 | €13,408,496 | €13,404,961 | -€3,535 | 0.0% |
| Tangible fixed assets | 22/27 | €16,152 | €12,673 | -€3,479 | -21.5% |
| Plant, machinery and equipment | 23 | €8,353 | €7,333 | -€1,020 | -12.2% |
| Furniture and vehicles | 24 | €7,799 | €5,340 | -€2,459 | -31.5% |
| Financial fixed assets | 28 | €13,392,343 | €13,392,288 | -€56 | 0.0% |
| Affiliated companies | 280/1 | €13,392,089 | €13,392,089 | = | 0.0% |
| Participating interests | 280 | €13,392,089 | €13,392,089 | = | 0.0% |
| Other financial fixed assets | 284/8 | €254 | €198 | -€56 | -22.0% |
| Shares | 284 | €0 | €0 | = | |
| Amounts receivable and cash guarantees | 285/8 | €254 | €198 | -€56 | -22.0% |
| Current assets | 29/58 | €210,742 | €450,020 | +€239,278 | +113.5% |
| Amounts receivable within one year | 40/41 | €170,444 | €144,865 | -€25,579 | -15.0% |
| Trade receivables | 40 | €117,551 | €91,024 | -€26,528 | -22.6% |
| Other amounts receivable | 41 | €52,892 | €53,841 | +€949 | +1.8% |
| Cash at bank and in hand | 54/58 | €28,766 | €293,093 | +€264,327 | +918.9% |
| Deferred charges and accrued income | 490/1 | €11,532 | €12,062 | +€531 | +4.6% |
| Total equity and liabilities | 10/49 | €13,619,237 | €13,854,981 | +€235,744 | +1.7% |
| Equity | 10/15 | €12,864,019 | €13,061,157 | +€197,138 | +1.5% |
| Contributions | 10/11 | €9,072,700 | €9,072,700 | = | 0.0% |
| Capital | 10 | €9,072,700 | €9,072,700 | = | 0.0% |
| Issued capital | 100 | €9,072,700 | €9,072,700 | = | 0.0% |
| Reserves | 13 | €430,242 | €447,249 | +€17,007 | +4.0% |
| Non-distributable reserves | 130/1 | €430,242 | €447,249 | +€17,007 | +4.0% |
| Legal reserve | 130 | €430,242 | €447,249 | +€17,007 | +4.0% |
| Profit (loss) carried forward | 14 | €3,361,077 | €3,541,208 | +€180,131 | +5.4% |
| Provisions and deferred taxes | 16 | €396,467 | €382,698 | -€13,769 | -3.5% |
| Provisions for liabilities and charges | 160/5 | €396,467 | €382,698 | -€13,769 | -3.5% |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €396,467 | €382,698 | -€13,769 | -3.5% |
| Amounts payable | 17/49 | €358,751 | €411,126 | +€52,375 | +14.6% |
| Amounts payable within one year | 42/48 | €358,408 | €409,893 | +€51,484 | +14.4% |
| Financial debts | 43 | €8,525 | €8,497 | -€28 | -0.3% |
| Credit institutions | 430/8 | €8,525 | €8,497 | -€28 | -0.3% |
| Trade debts | 44 | €16,875 | €17,744 | +€869 | +5.2% |
| Suppliers | 440/4 | €16,875 | €17,744 | +€869 | +5.2% |
| Taxes, remuneration and social security | 45 | €49,028 | €43,090 | -€5,937 | -12.1% |
| Taxes | 450/3 | €46,386 | €43,090 | -€3,295 | -7.1% |
| Remuneration and social security | 454/9 | €2,642 | - | -€2,642 | |
| Other amounts payable | 47/48 | €283,980 | €340,561 | +€56,581 | +19.9% |
| Accrued charges and deferred income | 492/3 | €343 | €1,233 | +€890 | +259.7% |
| Operating income | 70/76A | €890,485 | €840,126 | -€50,358 | -5.7% |
| Turnover | 70 | €694,720 | €632,320 | -€62,400 | -9.0% |
| Other operating income | 74 | €195,765 | €207,806 | +€12,042 | +6.2% |
| Operating charges | 60/66A | €795,318 | €779,324 | -€15,994 | -2.0% |
| Services and other goods | 61 | €760,299 | €787,998 | +€27,699 | +3.6% |
| Remuneration, social security and pensions | 62 | €43,560 | -€53 | -€43,613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,235 | €3,479 | +€244 | +7.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,769 | -€13,769 | = | 0.0% |
| Other operating charges | 640/8 | €1,993 | €1,670 | -€324 | -16.2% |
| Operating profit (loss) | 9901 | €95,167 | €60,802 | -€34,365 | -36.1% |
| Financial income | 75/76B | €1,094,061 | €300,272 | -€793,790 | -72.6% |
| Recurring financial income | 75 | €1,094,061 | €300,272 | -€793,790 | -72.6% |
| Income from financial fixed assets | 750 | €1,091,149 | €297,586 | -€793,563 | -72.7% |
| Income from current assets | 751 | €2,912 | €2,683 | -€229 | -7.9% |
| Other financial income | 752/9 | €0 | €2 | +€2 | +1900.0% |
| Financial charges | 65/66B | €1,338 | €1,270 | -€68 | -5.1% |
| Recurring financial charges | 65 | €1,338 | €1,270 | -€68 | -5.1% |
| Debt charges | 650 | €942 | €822 | -€120 | -12.8% |
| Other financial charges | 652/9 | €396 | €448 | +€52 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €1,187,890 | €359,804 | -€828,086 | -69.7% |
| Income taxes | 67/77 | €29,182 | €19,666 | -€9,516 | -32.6% |
| Taxes | 670/3 | €29,182 | €19,666 | -€9,516 | -32.6% |
| Profit (loss) for the period | 9904 | €1,158,708 | €340,138 | -€818,570 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,158,708 | €340,138 | -€818,570 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.