BIERHANDEL VAN ROY: 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 VAN ROY
Largest movements
- Receivables within one year +€153,580
up €153,580 (+30.0%), from €512,360 to €665,940
of which Trade receivables: +€195,978
- Cash +€70,638
up €70,638 (+65.0%), from €108,737 to €179,375
mainly Trade debts (+€204,921) and Short-term financial debts (+€124,545)
- Tangible fixed assets -€47,192
down €47,192 (-32.4%), from €145,647 to €98,455
of which Leasing and similar rights: -€29,413
- Trade debts +€204,921
up €204,921 (+53.5%), from €383,268 to €588,189
- Reserves -€126,039
down €126,039 (-23.1%), from €546,506 to €420,466
of which Distributable reserves: -€112,000
- Short-term financial debts +€124,545
up €124,545 (+1,021%), from €12,198 to €136,743
- Current portion of long-term debt -€16,311
no longer reported in 2025 (was €16,311)
- Staff costs +€22,212
up €22,212 (+31.7%), from €70,001 to €92,213
- Depreciation -€16,315
down €16,315 (-39.3%), from €41,503 to €25,188
- Gross operating margin +€13,110
up €13,110 (+7.0%), from €188,618 to €201,728
- Financial charges +€9,150
up €9,150 (+213%), from €4,295 to €13,445
- Taxes -€6,349
down €6,349 (-24.6%), from €25,759 to €19,410
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 | €1,074,926 | €1,244,706 | +€169,780 | +15.8% |
| Fixed assets | 21/28 | €151,192 | €103,965 | -€47,227 | -31.2% |
| Intangible fixed assets | 21 | €35 | - | -€35 | |
| Tangible fixed assets | 22/27 | €145,647 | €98,455 | -€47,192 | -32.4% |
| Land and buildings | 22 | €103,637 | €84,578 | -€19,058 | -18.4% |
| Plant, machinery and equipment | 23 | €5,354 | €4,353 | -€1,001 | -18.7% |
| Furniture and vehicles | 24 | €7,243 | €9,524 | +€2,280 | +31.5% |
| Leasing and similar rights | 25 | €29,413 | - | -€29,413 | |
| Financial fixed assets | 28 | €5,510 | €5,510 | = | 0.0% |
| Current assets | 29/58 | €923,734 | €1,140,741 | +€217,007 | +23.5% |
| Stocks and contracts in progress | 3 | €287,210 | €282,532 | -€4,677 | -1.6% |
| Stocks | 30/36 | €287,210 | €282,532 | -€4,677 | -1.6% |
| Amounts receivable within one year | 40/41 | €512,360 | €665,940 | +€153,580 | +30.0% |
| Trade receivables | 40 | €469,335 | €665,313 | +€195,978 | +41.8% |
| Other amounts receivable | 41 | €43,025 | €626 | -€42,399 | -98.5% |
| Cash at bank and in hand | 54/58 | €108,737 | €179,375 | +€70,638 | +65.0% |
| Deferred charges and accrued income | 490/1 | €15,428 | €12,894 | -€2,534 | -16.4% |
| Total equity and liabilities | 10/49 | €1,074,926 | €1,244,706 | +€169,780 | +15.8% |
| Equity | 10/15 | €608,591 | €482,887 | -€125,704 | -20.7% |
| 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 | €546,506 | €420,466 | -€126,039 | -23.1% |
| Non-distributable reserves | 130/1 | €27,707 | €27,707 | = | 0.0% |
| Legal reserve | 130 | €27,707 | €27,707 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,049 | €64,010 | -€14,039 | -18.0% |
| Distributable reserves | 133 | €440,750 | €328,750 | -€112,000 | -25.4% |
| Profit (loss) carried forward | 14 | €85 | €421 | +€335 | +393% |
| Provisions and deferred taxes | 16 | €9,350 | €4,670 | -€4,680 | -50.1% |
| Deferred taxes | 168 | €9,350 | €4,670 | -€4,680 | -50.1% |
| Amounts payable | 17/49 | €456,986 | €757,149 | +€300,163 | +65.7% |
| Amounts payable after more than one year | 17 | €12,320 | - | -€12,320 | |
| Financial debts | 170/4 | €12,320 | - | -€12,320 | |
| Amounts payable within one year | 42/48 | €441,439 | €753,101 | +€311,663 | +70.6% |
| Current portion of amounts payable after more than one year | 42 | €16,311 | - | -€16,311 | |
| Financial debts | 43 | €12,198 | €136,743 | +€124,545 | +1,021% |
| Credit institutions | 430/8 | €12,198 | €136,743 | +€124,545 | +1,021% |
| Trade debts | 44 | €383,268 | €588,189 | +€204,921 | +53.5% |
| Suppliers | 440/4 | €383,268 | €588,189 | +€204,921 | +53.5% |
| Taxes, remuneration and social security | 45 | €26,659 | €25,681 | -€978 | -3.7% |
| Taxes | 450/3 | €20,073 | €14,214 | -€5,858 | -29.2% |
| Remuneration and social security | 454/9 | €6,586 | €11,467 | +€4,880 | +74.1% |
| Other amounts payable | 47/48 | €3,002 | €2,488 | -€513 | -17.1% |
| Accrued charges and deferred income | 492/3 | €3,227 | €4,048 | +€820 | +25.4% |
| Remuneration, social security and pensions | 62 | €70,001 | €92,213 | +€22,212 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,503 | €25,188 | -€16,315 | -39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,752 | €7,893 | +€6,142 | +351% |
| Other operating charges | 640/8 | €22,772 | €24,084 | +€1,312 | +5.8% |
| Gross operating margin | 9900 | €188,618 | €201,728 | +€13,110 | +7.0% |
| Operating profit (loss) | 9901 | €52,591 | €52,351 | -€241 | -0.5% |
| Financial income | 75/76B | €2,185 | €120 | -€2,064 | -94.5% |
| Recurring financial income | 75 | €2,185 | €120 | -€2,064 | -94.5% |
| Financial charges | 65/66B | €4,295 | €13,445 | +€9,150 | +213% |
| Recurring financial charges | 65 | €4,295 | €13,445 | +€9,150 | +213% |
| Profit (loss) for the period before taxes | 9903 | €50,481 | €39,026 | -€11,455 | -22.7% |
| Transfer from deferred taxes | 780 | €4,680 | €4,680 | = | 0.0% |
| Income taxes | 67/77 | €25,759 | €19,410 | -€6,349 | -24.6% |
| Profit (loss) for the period | 9904 | €29,402 | €24,296 | -€5,106 | -17.4% |
| Transfer from tax-exempt reserves | 789 | €14,039 | €14,039 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,442 | €38,335 | -€5,106 | -11.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.