BEVEREKOUTER: 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.
BEVEREKOUTER
Largest movements
- Financial fixed assets +€7.3m
new in 2025: €7.3m
- Receivables within one year +€818,822
up €818,822 (+15712.4%), from €5,211 to €824,033
of which Trade receivables: +€708,974
- Cash -€166,493
down €166,493 (-91.3%), from €182,454 to €15,961
- Tangible fixed assets -€102,704
down €102,704 (-16.2%), from €632,736 to €530,032
- Other debts +€3.9m
new in 2025: €3.9m
- Debts after one year +€3.2m
new in 2025: €3.2m
- Short-term financial debts +€300,000
new in 2025: €300,000
- Current portion of long-term debt +€179,310
new in 2025: €179,310
- Profit (loss) carried forward +€108,548
up €108,548 (+4.6%), from -€2.4m to -€2.3m
- Gross operating margin +€422,715
up €422,715 (+1521.9%), from €27,776 to €450,490
- Financial charges +€174,593
up €174,593 (+32027.2%), from €545 to €175,138
- Depreciation +€35,869
up €35,869 (+53.7%), from €66,835 to €102,704
- Other operating charges +€34,483
up €34,483 (+106.8%), from €32,300 to €66,783
- Financial income -€5,584
down €5,584 (-67.5%), from €8,267 to €2,683
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €914,016 | €8,707,597 | +€7.8m | +852.7% |
| Fixed assets | 21/28 | €632,736 | €7,823,036 | +€7.2m | +1136.4% |
| Tangible fixed assets | 22/27 | €632,736 | €530,032 | -€102,704 | -16.2% |
| Land and buildings | 22 | €632,736 | €530,032 | -€102,704 | -16.2% |
| Financial fixed assets | 28 | - | €7,293,004 | +€7.3m | |
| Current assets | 29/58 | €281,280 | €884,561 | +€603,281 | +214.5% |
| Stocks and contracts in progress | 3 | €44,567 | €44,567 | = | 0.0% |
| Stocks | 30/36 | €44,567 | €44,567 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,211 | €824,033 | +€818,822 | +15712.4% |
| Trade receivables | 40 | €5,211 | €714,185 | +€708,974 | +13604.5% |
| Other amounts receivable | 41 | €0 | €109,848 | +€109,848 | |
| Cash at bank and in hand | 54/58 | €182,454 | €15,961 | -€166,493 | -91.3% |
| Deferred charges and accrued income | 490/1 | €49,048 | €0 | -€49,048 | -100.0% |
| Total equity and liabilities | 10/49 | €914,016 | €8,707,597 | +€7.8m | +852.7% |
| Equity | 10/15 | €909,076 | €1,017,624 | +€108,548 | +11.9% |
| Contributions | 10/11 | €3,173,760 | €3,173,760 | = | 0.0% |
| Capital | 10 | €3,173,760 | €3,173,760 | = | 0.0% |
| Issued capital | 100 | €3,173,760 | €3,173,760 | = | 0.0% |
| Reserves | 13 | €98,133 | €98,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,747 | €29,747 | = | 0.0% |
| Legal reserve | 130 | €29,747 | €29,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,386 | €68,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,362,816 | -€2,254,269 | +€108,548 | +4.6% |
| Amounts payable | 17/49 | €4,940 | €7,689,973 | +€7.7m | +155567.5% |
| Amounts payable after more than one year | 17 | - | €3,226,952 | +€3.2m | |
| Financial debts | 170/4 | - | €3,226,952 | +€3.2m | |
| Amounts payable within one year | 42/48 | €3,972 | €4,425,291 | +€4.4m | +111298.7% |
| Current portion of amounts payable after more than one year | 42 | - | €179,310 | +€179,310 | |
| Financial debts | 43 | - | €300,000 | +€300,000 | |
| Credit institutions | 430/8 | - | €300,000 | +€300,000 | |
| Trade debts | 44 | €2,264 | €1,648 | -€616 | -27.2% |
| Suppliers | 440/4 | €2,264 | €1,648 | -€616 | -27.2% |
| Taxes, remuneration and social security | 45 | €1,708 | €25,588 | +€23,880 | +1398.0% |
| Taxes | 450/3 | €1,708 | €25,588 | +€23,880 | +1398.0% |
| Other amounts payable | 47/48 | - | €3,918,744 | +€3.9m | |
| Accrued charges and deferred income | 492/3 | €968 | €37,731 | +€36,763 | +3799.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,835 | €102,704 | +€35,869 | +53.7% |
| Other operating charges | 640/8 | €32,300 | €66,783 | +€34,483 | +106.8% |
| Non-recurring operating charges | 66A | €35,824 | €0 | -€35,824 | -100.0% |
| Gross operating margin | 9900 | €27,776 | €450,490 | +€422,715 | +1521.9% |
| Operating profit (loss) | 9901 | -€107,184 | €281,004 | +€388,187 | |
| Financial income | 75/76B | €8,267 | €2,683 | -€5,584 | -67.5% |
| Recurring financial income | 75 | €8,267 | €2,683 | -€5,584 | -67.5% |
| Financial charges | 65/66B | €545 | €175,138 | +€174,593 | +32027.2% |
| Recurring financial charges | 65 | €545 | €175,138 | +€174,593 | +32027.2% |
| Profit (loss) for the period before taxes | 9903 | -€99,462 | €108,548 | +€208,010 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€99,462 | €108,548 | +€208,010 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,462 | €108,548 | +€208,010 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.