BELGIBIER: 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.
BELGIBIER
Largest movements
- Receivables within one year -€36,523
down €36,523 (-11.7%), from €312,874 to €276,352
of which Trade receivables: -€33,694
- Tangible fixed assets -€24,772
down €24,772 (-31.3%), from €79,131 to €54,359
of which Furniture and vehicles: -€19,918
- Stocks and contracts -€8,084
down €8,084 (-63.5%), from €12,736 to €4,653
- Reserves -€70,000
down €70,000 (-100%), from €70,000 to €0
- Trade debts -€27,622
down €27,622 (-15.0%), from €184,259 to €156,638
- Profit (loss) carried forward +€26,567
up €26,567, from -€16,850 to €9,717
- Staff costs +€35,898
up €35,898 (+316%), from €11,350 to €47,248
- Other operating charges +€16,014
up €16,014 (+1,731%), from €925 to €16,939
- Financial charges -€15,233
down €15,233 (-97.1%), from €15,681 to €448
of which Non-recurring financial charges: -€15,067
- Gross operating margin +€847
up €847 (+1.9%), from €45,127 to €45,975
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.
Derived cash bridge
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 | €413,280 | €344,936 | -€68,344 | -16.5% |
| Fixed assets | 21/28 | €79,131 | €54,359 | -€24,772 | -31.3% |
| Tangible fixed assets | 22/27 | €79,131 | €54,359 | -€24,772 | -31.3% |
| Land and buildings | 22 | €24,626 | €21,386 | -€3,239 | -13.2% |
| Plant, machinery and equipment | 23 | €3,209 | €1,595 | -€1,614 | -50.3% |
| Furniture and vehicles | 24 | €51,297 | €31,379 | -€19,918 | -38.8% |
| Current assets | 29/58 | €334,148 | €290,577 | -€43,572 | -13.0% |
| Stocks and contracts in progress | 3 | €12,736 | €4,653 | -€8,084 | -63.5% |
| Stocks | 30/36 | €12,736 | €4,653 | -€8,084 | -63.5% |
| Amounts receivable within one year | 40/41 | €312,874 | €276,352 | -€36,523 | -11.7% |
| Trade receivables | 40 | €294,068 | €260,375 | -€33,694 | -11.5% |
| Other amounts receivable | 41 | €18,806 | €15,977 | -€2,829 | -15.0% |
| Cash at bank and in hand | 54/58 | €8,538 | €9,573 | +€1,035 | +12.1% |
| Total equity and liabilities | 10/49 | €413,280 | €344,936 | -€68,344 | -16.5% |
| Equity | 10/15 | €153,150 | €109,717 | -€43,433 | -28.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €0 | -€70,000 | -100% |
| Distributable reserves | 133 | €70,000 | €0 | -€70,000 | -100% |
| Profit (loss) carried forward | 14 | -€16,850 | €9,717 | +€26,567 | |
| Amounts payable | 17/49 | €260,130 | €235,219 | -€24,911 | -9.6% |
| Amounts payable within one year | 42/48 | €260,130 | €235,219 | -€24,911 | -9.6% |
| Trade debts | 44 | €184,259 | €156,638 | -€27,622 | -15.0% |
| Suppliers | 440/4 | €184,259 | €156,638 | -€27,622 | -15.0% |
| Taxes, remuneration and social security | 45 | €4,508 | €7,218 | +€2,711 | +60.1% |
| Taxes | 450/3 | €1,413 | €1,268 | -€145 | -10.2% |
| Remuneration and social security | 454/9 | €3,095 | €5,950 | +€2,856 | +92.3% |
| Other amounts payable | 47/48 | €71,363 | €71,363 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,350 | €47,248 | +€35,898 | +316% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,819 | €24,772 | -€47 | -0.2% |
| Other operating charges | 640/8 | €925 | €16,939 | +€16,014 | +1,731% |
| Gross operating margin | 9900 | €45,127 | €45,975 | +€847 | +1.9% |
| Operating profit (loss) | 9901 | €8,032 | -€42,985 | -€51,017 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,681 | €448 | -€15,233 | -97.1% |
| Recurring financial charges | 65 | €614 | €448 | -€166 | -27.0% |
| Non-recurring financial charges | 66B | €15,067 | €0 | -€15,067 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€7,648 | -€43,433 | -€35,784 | -468% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,648 | -€43,433 | -€35,784 | -468% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,648 | -€43,433 | -€35,784 | -468% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.