Belgian Beer Promotion: 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.
Belgian Beer Promotion
Largest movements
- Cash +€35,170
up €35,170 (+153.5%), from €22,918 to €58,088
mainly Receivables within one year (+€21,739) and Tax, wage and social debts (+€11,296)
- Receivables within one year -€21,739
down €21,739 (-92.0%), from €23,623 to €1,884
- Stocks and contracts -€10,129
down €10,129 (-21.4%), from €47,304 to €37,175
- Tangible fixed assets -€2,798
down €2,798 (-58.0%), from €4,823 to €2,026
of which Furniture and vehicles: -€1,913
- Trade debts -€17,870
down €17,870 (-50.7%), from €35,225 to €17,355
- Tax, wage and social debts +€11,296
up €11,296 (+99.6%), from €11,342 to €22,638
of which Taxes: +€8,949
- Profit (loss) carried forward +€6,141
up €6,141 (+24.0%), from -€25,593 to -€19,453
- Purchases and services +€11,152
up €11,152 (+6.1%), from €183,886 to €195,038
- Staff costs +€9,981
up €9,981 (+36.8%), from €27,157 to €37,139
- Gross operating margin +€8,180
up €8,180 (+20.2%), from €40,518 to €48,697
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,255 | €106,578 | +€323 | +0.3% |
| Fixed assets | 21/28 | €11,998 | €9,201 | -€2,798 | -23.3% |
| Tangible fixed assets | 22/27 | €4,823 | €2,026 | -€2,798 | -58.0% |
| Land and buildings | 22 | €2,460 | €1,640 | -€820 | -33.3% |
| Plant, machinery and equipment | 23 | €65 | - | -€65 | |
| Furniture and vehicles | 24 | €2,299 | €386 | -€1,913 | -83.2% |
| Financial fixed assets | 28 | €7,175 | €7,175 | = | 0.0% |
| Current assets | 29/58 | €94,256 | €97,377 | +€3,120 | +3.3% |
| Stocks and contracts in progress | 3 | €47,304 | €37,175 | -€10,129 | -21.4% |
| Stocks | 30/36 | €47,304 | €37,175 | -€10,129 | -21.4% |
| Amounts receivable within one year | 40/41 | €23,623 | €1,884 | -€21,739 | -92.0% |
| Trade receivables | 40 | €23,623 | €1,884 | -€21,739 | -92.0% |
| Current investments | 50/53 | €51 | - | -€51 | |
| Cash at bank and in hand | 54/58 | €22,918 | €58,088 | +€35,170 | +153.5% |
| Deferred charges and accrued income | 490/1 | €360 | €230 | -€130 | -36.1% |
| Total equity and liabilities | 10/49 | €106,255 | €106,578 | +€323 | +0.3% |
| Equity | 10/15 | -€17,538 | -€11,398 | +€6,141 | +35.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,593 | -€19,453 | +€6,141 | +24.0% |
| Amounts payable | 17/49 | €123,793 | €117,975 | -€5,818 | -4.7% |
| Amounts payable within one year | 42/48 | €123,793 | €117,905 | -€5,888 | -4.8% |
| Trade debts | 44 | €35,225 | €17,355 | -€17,870 | -50.7% |
| Suppliers | 440/4 | €35,225 | €17,355 | -€17,870 | -50.7% |
| Taxes, remuneration and social security | 45 | €11,342 | €22,638 | +€11,296 | +99.6% |
| Taxes | 450/3 | - | €8,949 | +€8,949 | |
| Remuneration and social security | 454/9 | €11,342 | €13,689 | +€2,347 | +20.7% |
| Other amounts payable | 47/48 | €77,226 | €77,912 | +€686 | +0.9% |
| Accrued charges and deferred income | 492/3 | - | €70 | +€70 | |
| Goods, raw materials, services and sundry goods | 60/61 | €183,886 | €195,038 | +€11,152 | +6.1% |
| Remuneration, social security and pensions | 62 | €27,157 | €37,139 | +€9,981 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,780 | €2,798 | +€17 | +0.6% |
| Other operating charges | 640/8 | €532 | €717 | +€185 | +34.7% |
| Gross operating margin | 9900 | €40,518 | €48,697 | +€8,180 | +20.2% |
| Operating profit (loss) | 9901 | €10,048 | €8,045 | -€2,003 | -19.9% |
| Financial income | 75/76B | €5 | €40 | +€35 | +703.4% |
| Recurring financial income | 75 | €5 | €40 | +€35 | +703.4% |
| Financial charges | 65/66B | €2,517 | €2,053 | -€465 | -18.5% |
| Recurring financial charges | 65 | €2,517 | €2,053 | -€465 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €7,536 | €6,032 | -€1,504 | -20.0% |
| Income taxes | 67/77 | - | -€109 | -€109 | |
| Profit (loss) for the period | 9904 | €7,536 | €6,141 | -€1,395 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,536 | €6,141 | -€1,395 | -18.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.