Bierhandel De Picker: 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.
Bierhandel De Picker
Largest movements
- Cash -€17,560
down €17,560 (-36.2%), from €48,511 to €30,951
mainly Other debts (-€15,108) and Debts after one year (-€13,538)
- Receivables within one year +€9,237
up €9,237 (+16.8%), from €55,139 to €64,376
of which Other amounts receivable: +€5,089
- Tangible fixed assets -€4,141
down €4,141 (-12.4%), from €33,482 to €29,341
of which Land and buildings: -€3,193
- Profit (loss) carried forward +€23,600
up €23,600 (+19.8%), from €119,067 to €142,667
- Other debts -€15,108
down €15,108 (-68.2%), from €22,157 to €7,049
- Debts after one year -€13,538
down €13,538 (-61.4%), from €22,053 to €8,515
- Current portion of long-term debt -€3,427
down €3,427 (-20.2%), from €16,965 to €13,538
- Staff costs -€11,937
down €11,937 (-98.3%), from €12,148 to €211
- Depreciation -€9,002
down €9,002 (-52.5%), from €17,160 to €8,158
- Taxes +€5,414
up €5,414 (+125%), from €4,337 to €9,751
- Gross operating margin -€3,929
down €3,929 (-7.4%), from €53,104 to €49,176
- Financial charges +€1,232
up €1,232 (+25.4%), from €4,857 to €6,089
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 | €339,850 | €332,031 | -€7,819 | -2.3% |
| Fixed assets | 21/28 | €43,717 | €42,798 | -€919 | -2.1% |
| Intangible fixed assets | 21 | - | €3,222 | +€3,222 | |
| Tangible fixed assets | 22/27 | €33,482 | €29,341 | -€4,141 | -12.4% |
| Land and buildings | 22 | €21,851 | €18,658 | -€3,193 | -14.6% |
| Plant, machinery and equipment | 23 | €846 | €580 | -€266 | -31.4% |
| Furniture and vehicles | 24 | €8,637 | €10,103 | +€1,466 | +17.0% |
| Assets under construction and advance payments | 27 | €2,148 | - | -€2,148 | |
| Financial fixed assets | 28 | €10,235 | €10,235 | = | 0.0% |
| Current assets | 29/58 | €296,133 | €289,233 | -€6,900 | -2.3% |
| Stocks and contracts in progress | 3 | €151,122 | €152,851 | +€1,729 | +1.1% |
| Stocks | 30/36 | €151,122 | €152,851 | +€1,729 | +1.1% |
| Amounts receivable within one year | 40/41 | €55,139 | €64,376 | +€9,237 | +16.8% |
| Trade receivables | 40 | €19,911 | €24,059 | +€4,148 | +20.8% |
| Other amounts receivable | 41 | €35,228 | €40,317 | +€5,089 | +14.4% |
| Current investments | 50/53 | €39,891 | €38,549 | -€1,342 | -3.4% |
| Cash at bank and in hand | 54/58 | €48,511 | €30,951 | -€17,560 | -36.2% |
| Deferred charges and accrued income | 490/1 | €1,471 | €2,506 | +€1,035 | +70.4% |
| Total equity and liabilities | 10/49 | €339,850 | €332,031 | -€7,819 | -2.3% |
| Equity | 10/15 | €187,267 | €210,867 | +€23,600 | +12.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,067 | €142,667 | +€23,600 | +19.8% |
| Amounts payable | 17/49 | €152,583 | €121,163 | -€31,420 | -20.6% |
| Amounts payable after more than one year | 17 | €22,053 | €8,515 | -€13,538 | -61.4% |
| Financial debts | 170/4 | €22,053 | €8,515 | -€13,538 | -61.4% |
| Amounts payable within one year | 42/48 | €127,692 | €112,648 | -€15,045 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €16,965 | €13,538 | -€3,427 | -20.2% |
| Trade debts | 44 | €83,777 | €86,715 | +€2,938 | +3.5% |
| Suppliers | 440/4 | €83,777 | €86,715 | +€2,938 | +3.5% |
| Taxes, remuneration and social security | 45 | €4,794 | €5,347 | +€553 | +11.5% |
| Taxes | 450/3 | €4,121 | €5,347 | +€1,226 | +29.8% |
| Remuneration and social security | 454/9 | €673 | - | -€673 | |
| Other amounts payable | 47/48 | €22,157 | €7,049 | -€15,108 | -68.2% |
| Accrued charges and deferred income | 492/3 | €2,838 | - | -€2,838 | |
| Non-recurring operating income | 76A | €12,218 | - | -€12,218 | |
| Remuneration, social security and pensions | 62 | €12,148 | €211 | -€11,937 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,160 | €8,158 | -€9,002 | -52.5% |
| Other operating charges | 640/8 | €2,538 | €2,022 | -€516 | -20.3% |
| Gross operating margin | 9900 | €53,104 | €49,176 | -€3,929 | -7.4% |
| Operating profit (loss) | 9901 | €21,259 | €38,784 | +€17,525 | +82.4% |
| Financial income | 75/76B | €533 | €656 | +€122 | +22.9% |
| Recurring financial income | 75 | €533 | €656 | +€122 | +22.9% |
| Financial charges | 65/66B | €4,857 | €6,089 | +€1,232 | +25.4% |
| Recurring financial charges | 65 | €4,857 | €6,089 | +€1,232 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €16,935 | €33,351 | +€16,416 | +96.9% |
| Income taxes | 67/77 | €4,337 | €9,751 | +€5,414 | +125% |
| Profit (loss) for the period | 9904 | €12,598 | €23,600 | +€11,002 | +87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,598 | €23,600 | +€11,002 | +87.3% |
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 1 November 2026 via checked.be.