BOTTLING AND PACKAGING SYSTEMS: 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.
BOTTLING AND PACKAGING SYSTEMS
Largest movements
- Intangible fixed assets -€28,358
down €28,358 (-17.7%), from €159,800 to €131,441
- Cash -€7,732
down €7,732 (-34.3%), from €22,533 to €14,801
mainly Other debts (-€32,698) and Deferred charges and accrued income (-€6,166)
- Deferred charges and accrued income +€6,166
up €6,166 (+1,531%), from €403 to €6,568
- Tangible fixed assets -€4,501
down €4,501 (-7.5%), from €59,967 to €55,466
- Other debts -€32,698
down €32,698 (-27.6%), from €118,645 to €85,947
- Short-term financial debts -€3,530
down €3,530 (-26.1%), from €13,530 to €10,000
- Gross operating margin -€26,102
down €26,102 (-35.3%), from €73,986 to €47,884
- Taxes -€11,602
down €11,602 (-54.2%), from €21,387 to €9,785
- Financial charges -€7,180
down €7,180 (-93.1%), from €7,714 to €534
of which Non-recurring financial charges: -€6,803
- Depreciation +€1,525
up €1,525 (+4.9%), from €31,335 to €32,860
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 | €243,703 | €209,276 | -€34,426 | -14.1% |
| Fixed assets | 21/28 | €220,767 | €187,907 | -€32,860 | -14.9% |
| Intangible fixed assets | 21 | €159,800 | €131,441 | -€28,358 | -17.7% |
| Tangible fixed assets | 22/27 | €59,967 | €55,466 | -€4,501 | -7.5% |
| Land and buildings | 22 | €59,967 | €55,466 | -€4,501 | -7.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €22,936 | €21,369 | -€1,566 | -6.8% |
| Cash at bank and in hand | 54/58 | €22,533 | €14,801 | -€7,732 | -34.3% |
| Deferred charges and accrued income | 490/1 | €403 | €6,568 | +€6,166 | +1,531% |
| Total equity and liabilities | 10/49 | €243,703 | €209,276 | -€34,426 | -14.1% |
| Equity | 10/15 | €88,678 | €91,054 | +€2,376 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,078 | €72,454 | +€2,376 | +3.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,218 | €70,594 | +€2,376 | +3.5% |
| Amounts payable | 17/49 | €155,025 | €118,223 | -€36,802 | -23.7% |
| Amounts payable within one year | 42/48 | €155,025 | €118,223 | -€36,802 | -23.7% |
| Financial debts | 43 | €13,530 | €10,000 | -€3,530 | -26.1% |
| Other loans | 439 | €13,530 | €10,000 | -€3,530 | -26.1% |
| Trade debts | 44 | €15,619 | €17,296 | +€1,677 | +10.7% |
| Suppliers | 440/4 | €15,619 | €17,296 | +€1,677 | +10.7% |
| Taxes, remuneration and social security | 45 | €7,231 | €4,980 | -€2,252 | -31.1% |
| Taxes | 450/3 | €7,231 | €4,980 | -€2,252 | -31.1% |
| Other amounts payable | 47/48 | €118,645 | €85,947 | -€32,698 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,335 | €32,860 | +€1,525 | +4.9% |
| Other operating charges | 640/8 | €2,519 | €2,329 | -€189 | -7.5% |
| Gross operating margin | 9900 | €73,986 | €47,884 | -€26,102 | -35.3% |
| Operating profit (loss) | 9901 | €40,133 | €12,695 | -€27,438 | -68.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €7,714 | €534 | -€7,180 | -93.1% |
| Recurring financial charges | 65 | €911 | €534 | -€378 | -41.4% |
| Non-recurring financial charges | 66B | €6,803 | - | -€6,803 | |
| Profit (loss) for the period before taxes | 9903 | €32,420 | €12,161 | -€20,258 | -62.5% |
| Income taxes | 67/77 | €21,387 | €9,785 | -€11,602 | -54.2% |
| Profit (loss) for the period | 9904 | €11,033 | €2,376 | -€8,656 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,033 | €2,376 | -€8,656 | -78.5% |
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 19 October 2026 via checked.be.