BELGIUM 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.
BELGIUM DRINKS
Largest movements
- Current investments +€158,000
new in 2025: €158,000
- Stocks and contracts +€100,644
up €100,644 (+23.2%), from €433,938 to €534,582
- Receivables within one year -€41,792
down €41,792 (-78.6%), from €53,171 to €11,379
of which Other amounts receivable: -€53,171
- Cash +€39,680
up €39,680 (+9.9%), from €400,625 to €440,305
mainly Trade debts (+€187,920) and Other debts (+€53,181)
- Tangible fixed assets -€25,053
down €25,053 (-45.4%), from €55,184 to €30,131
of which Furniture and vehicles: -€20,419
- Trade debts +€187,920
up €187,920 (+45.5%), from €412,960 to €600,881
- Contributions -€158,000
down €158,000 (-21.9%), from €720,999 to €562,999
of which Contributions outside capital: -€720,999
- Reserves +€158,000
new in 2025: €158,000
- Other debts +€53,181
new in 2025: €53,181
- Profit (loss) carried forward -€21,179
down €21,179 (-8.6%), from -€245,673 to -€266,852
- Gross operating margin -€84,166
down €84,166 (-14.3%), from €586,593 to €502,426
- Staff costs +€13,813
up €13,813 (+2.9%), from €478,052 to €491,864
- Other operating charges -€9,861
down €9,861 (-60.2%), from €16,377 to €6,516
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 | €993,585 | €1,224,679 | +€231,095 | +23.3% |
| Formation expenses | 20 | €2,529 | €2,000 | -€529 | -20.9% |
| Fixed assets | 21/28 | €103,322 | €78,413 | -€24,909 | -24.1% |
| Tangible fixed assets | 22/27 | €55,184 | €30,131 | -€25,053 | -45.4% |
| Plant, machinery and equipment | 23 | €11,938 | €7,304 | -€4,633 | -38.8% |
| Furniture and vehicles | 24 | €43,246 | €22,827 | -€20,419 | -47.2% |
| Financial fixed assets | 28 | €48,139 | €48,282 | +€143 | +0.3% |
| Current assets | 29/58 | €887,733 | €1,144,266 | +€256,533 | +28.9% |
| Stocks and contracts in progress | 3 | €433,938 | €534,582 | +€100,644 | +23.2% |
| Stocks | 30/36 | €433,938 | €534,582 | +€100,644 | +23.2% |
| Amounts receivable within one year | 40/41 | €53,171 | €11,379 | -€41,792 | -78.6% |
| Trade receivables | 40 | - | €11,379 | +€11,379 | |
| Other amounts receivable | 41 | €53,171 | - | -€53,171 | |
| Current investments | 50/53 | - | €158,000 | +€158,000 | |
| Cash at bank and in hand | 54/58 | €400,625 | €440,305 | +€39,680 | +9.9% |
| Total equity and liabilities | 10/49 | €993,585 | €1,224,679 | +€231,095 | +23.3% |
| Equity | 10/15 | €475,326 | €454,147 | -€21,179 | -4.5% |
| Contributions | 10/11 | €720,999 | €562,999 | -€158,000 | -21.9% |
| Capital | 10 | - | €562,999 | +€562,999 | |
| Issued capital | 100 | - | €562,999 | +€562,999 | |
| Contributions outside capital | 11 | €720,999 | - | -€720,999 | |
| Share premium | 1100/10 | €720,999 | - | -€720,999 | |
| Reserves | 13 | - | €158,000 | +€158,000 | |
| Non-distributable reserves | 130/1 | - | €158,000 | +€158,000 | |
| Own shares acquired | 1312 | - | €158,000 | +€158,000 | |
| Profit (loss) carried forward | 14 | -€245,673 | -€266,852 | -€21,179 | -8.6% |
| Amounts payable | 17/49 | €518,258 | €770,532 | +€252,274 | +48.7% |
| Amounts payable within one year | 42/48 | €518,258 | €770,532 | +€252,274 | +48.7% |
| Trade debts | 44 | €412,960 | €600,881 | +€187,920 | +45.5% |
| Suppliers | 440/4 | €412,960 | €600,881 | +€187,920 | +45.5% |
| Taxes, remuneration and social security | 45 | €105,298 | €116,471 | +€11,173 | +10.6% |
| Taxes | 450/3 | €65,829 | €99,466 | +€33,637 | +51.1% |
| Remuneration and social security | 454/9 | €39,469 | €17,005 | -€22,464 | -56.9% |
| Other amounts payable | 47/48 | - | €53,181 | +€53,181 | |
| Remuneration, social security and pensions | 62 | €478,052 | €491,864 | +€13,813 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,818 | €25,582 | -€5,237 | -17.0% |
| Other operating charges | 640/8 | €16,377 | €6,516 | -€9,861 | -60.2% |
| Gross operating margin | 9900 | €586,593 | €502,426 | -€84,166 | -14.3% |
| Operating profit (loss) | 9901 | €61,345 | -€21,536 | -€82,881 | |
| Financial income | 75/76B | €2,348 | €356 | -€1,992 | -84.8% |
| Recurring financial income | 75 | €2,348 | €356 | -€1,992 | -84.8% |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €63,693 | -€21,179 | -€84,872 | |
| Profit (loss) for the period | 9904 | €63,693 | -€21,179 | -€84,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,693 | -€21,179 | -€84,872 |
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 14 October 2026 via checked.be.