Brewsette: 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.
Brewsette
Largest movements
- Tangible fixed assets -€31,129
down €31,129 (-23.1%), from €134,921 to €103,792
of which Furniture and vehicles: -€27,828
- Cash -€25,159
down €25,159 (-20.2%), from €124,292 to €99,134
mainly Contributions, distributions and other (-€173,933) and Tax, wage and social debts (-€9,499)
- Receivables within one year -€16,574
down €16,574 (-27.6%), from €60,144 to €43,570
of which Trade receivables: -€14,489
- Reserves -€125,266
down €125,266 (-28.0%), from €448,170 to €322,904
- Other debts +€62,209
up €62,209 (+26.4%), from €235,380 to €297,589
- Tax, wage and social debts -€9,499
down €9,499 (-38.2%), from €24,868 to €15,370
of which Taxes: -€10,018
- Gross operating margin +€9,241
up €9,241 (+10.2%), from €90,796 to €100,037
- Taxes +€4,716
up €4,716 (+30.0%), from €15,715 to €20,431
- Depreciation -€4,576
down €4,576 (-12.8%), from €35,705 to €31,129
- Financial income +€3,272
up €3,272 (+125.7%), from €2,604 to €5,876
- Other operating charges -€1,731
down €1,731 (-62.5%), from €2,769 to €1,039
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
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 | €718,654 | €649,630 | -€69,024 | -9.6% |
| Fixed assets | 21/28 | €134,921 | €103,792 | -€31,129 | -23.1% |
| Tangible fixed assets | 22/27 | €134,921 | €103,792 | -€31,129 | -23.1% |
| Land and buildings | 22 | €65,787 | €62,892 | -€2,895 | -4.4% |
| Plant, machinery and equipment | 23 | €646 | €240 | -€406 | -62.8% |
| Furniture and vehicles | 24 | €68,488 | €40,660 | -€27,828 | -40.6% |
| Current assets | 29/58 | €583,733 | €545,838 | -€37,895 | -6.5% |
| Amounts receivable within one year | 40/41 | €60,144 | €43,570 | -€16,574 | -27.6% |
| Trade receivables | 40 | €57,855 | €43,366 | -€14,489 | -25.0% |
| Other amounts receivable | 41 | €2,289 | €204 | -€2,085 | -91.1% |
| Current investments | 50/53 | €396,876 | €400,570 | +€3,693 | +0.9% |
| Cash at bank and in hand | 54/58 | €124,292 | €99,134 | -€25,159 | -20.2% |
| Deferred charges and accrued income | 490/1 | €2,420 | €2,565 | +€145 | +6.0% |
| Total equity and liabilities | 10/49 | €718,654 | €649,630 | -€69,024 | -9.6% |
| Equity | 10/15 | €454,670 | €329,404 | -€125,266 | -27.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €448,170 | €322,904 | -€125,266 | -28.0% |
| Distributable reserves | 133 | €448,170 | €322,904 | -€125,266 | -28.0% |
| Amounts payable | 17/49 | €263,984 | €320,226 | +€56,242 | +21.3% |
| Amounts payable within one year | 42/48 | €263,984 | €320,226 | +€56,242 | +21.3% |
| Financial debts | 43 | €164 | €111 | -€53 | -32.6% |
| Credit institutions | 430/8 | €164 | €111 | -€53 | -32.6% |
| Trade debts | 44 | €3,571 | €7,157 | +€3,585 | +100.4% |
| Suppliers | 440/4 | €3,571 | €7,157 | +€3,585 | +100.4% |
| Taxes, remuneration and social security | 45 | €24,868 | €15,370 | -€9,499 | -38.2% |
| Taxes | 450/3 | €24,868 | €14,850 | -€10,018 | -40.3% |
| Remuneration and social security | 454/9 | - | €520 | +€520 | |
| Other amounts payable | 47/48 | €235,380 | €297,589 | +€62,209 | +26.4% |
| Non-recurring operating income | 76A | - | €4,977 | +€4,977 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,705 | €31,129 | -€4,576 | -12.8% |
| Other operating charges | 640/8 | €2,769 | €1,039 | -€1,731 | -62.5% |
| Gross operating margin | 9900 | €90,796 | €100,037 | +€9,241 | +10.2% |
| Operating profit (loss) | 9901 | €52,322 | €67,869 | +€15,547 | +29.7% |
| Financial income | 75/76B | €2,604 | €5,876 | +€3,272 | +125.7% |
| Recurring financial income | 75 | €2,604 | €5,876 | +€3,272 | +125.7% |
| Financial charges | 65/66B | €5,632 | €4,647 | -€985 | -17.5% |
| Recurring financial charges | 65 | €5,632 | €4,647 | -€985 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €49,294 | €69,098 | +€19,804 | +40.2% |
| Income taxes | 67/77 | €15,715 | €20,431 | +€4,716 | +30.0% |
| Profit (loss) for the period | 9904 | €33,579 | €48,667 | +€15,088 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,579 | €48,667 | +€15,088 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 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.