Brouwerij D'Oude Caert: what changed
Brouwerij D'Oude Caert
Largest movements
- Tangible fixed assets -€46,851
down €46,851 (-89.9%), from €52,121 to €5,270
of which Plant, machinery and equipment: -€46,037
- Cash -€32,113
down €32,113 (-58.0%), from €55,387 to €23,274
mainly Other debts (-€55,611) and Net result for the year (-€12,304)
- Receivables within one year -€7,885
down €7,885 (-36.3%), from €21,705 to €13,820
of which Trade receivables: -€7,668
- Stocks and contracts +€3,311
up €3,311 (+12.4%), from €26,707 to €30,018
- Other debts -€55,611
down €55,611 (-56.1%), from €99,148 to €43,537
- Profit (loss) carried forward -€10,444
down €10,444, from €76 to -€10,368
- Debts after one year -€8,100
down €8,100 (-56.4%), from €14,374 to €6,274
- Trade debts -€6,088
down €6,088 (-56.3%), from €10,810 to €4,722
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin -€9,924
down €9,924, from €8,241 to -€1,683
- Depreciation -€7,486
down €7,486 (-69.9%), from €10,714 to €3,228
- Financial charges -€990
down €990 (-26.8%), from €3,700 to €2,710
- Financial income -€298
down €298 (-100.0%), from €299 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,198 | €74,868 | -€83,331 | -52.7% |
| Fixed assets | 21/28 | €52,121 | €5,270 | -€46,851 | -89.9% |
| Tangible fixed assets | 22/27 | €52,121 | €5,270 | -€46,851 | -89.9% |
| Plant, machinery and equipment | 23 | €49,762 | €3,725 | -€46,037 | -92.5% |
| Furniture and vehicles | 24 | €2,360 | €1,545 | -€815 | -34.5% |
| Current assets | 29/58 | €106,077 | €69,598 | -€36,479 | -34.4% |
| Stocks and contracts in progress | 3 | €26,707 | €30,018 | +€3,311 | +12.4% |
| Stocks | 30/36 | €26,707 | €30,018 | +€3,311 | +12.4% |
| Amounts receivable within one year | 40/41 | €21,705 | €13,820 | -€7,885 | -36.3% |
| Trade receivables | 40 | €19,267 | €11,599 | -€7,668 | -39.8% |
| Other amounts receivable | 41 | €2,438 | €2,221 | -€217 | -8.9% |
| Cash at bank and in hand | 54/58 | €55,387 | €23,274 | -€32,113 | -58.0% |
| Deferred charges and accrued income | 490/1 | €2,278 | €2,486 | +€208 | +9.1% |
| Total equity and liabilities | 10/49 | €158,198 | €74,868 | -€83,331 | -52.7% |
| Equity | 10/15 | €20,536 | €8,232 | -€12,304 | -59.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €76 | -€10,368 | -€10,444 | |
| Amounts payable | 17/49 | €137,662 | €66,635 | -€71,027 | -51.6% |
| Amounts payable after more than one year | 17 | €14,374 | €6,274 | -€8,100 | -56.4% |
| Financial debts | 170/4 | €14,374 | €6,274 | -€8,100 | -56.4% |
| Amounts payable within one year | 42/48 | €123,288 | €60,361 | -€62,927 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €7,996 | €8,068 | +€72 | +0.9% |
| Trade debts | 44 | €10,810 | €4,722 | -€6,088 | -56.3% |
| Suppliers | 440/4 | €10,810 | €4,722 | -€6,088 | -56.3% |
| Taxes, remuneration and social security | 45 | €5,334 | €4,034 | -€1,300 | -24.4% |
| Taxes | 450/3 | €5,334 | €4,034 | -€1,300 | -24.4% |
| Other amounts payable | 47/48 | €99,148 | €43,537 | -€55,611 | -56.1% |
| Non-recurring operating income | 76A | €9,583 | - | -€9,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,714 | €3,228 | -€7,486 | -69.9% |
| Other operating charges | 640/8 | €933 | €886 | -€47 | -5.1% |
| Non-recurring operating charges | 66A | - | €3,623 | +€3,623 | |
| Gross operating margin | 9900 | €8,241 | -€1,683 | -€9,924 | |
| Operating profit (loss) | 9901 | -€3,406 | -€9,420 | -€6,014 | -177% |
| Financial income | 75/76B | €299 | €0 | -€298 | -100.0% |
| Recurring financial income | 75 | €299 | €0 | -€298 | -100.0% |
| Financial charges | 65/66B | €3,700 | €2,710 | -€990 | -26.8% |
| Recurring financial charges | 65 | €3,700 | €2,710 | -€990 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,807 | -€12,130 | -€5,323 | -78.2% |
| Income taxes | 67/77 | €149 | €174 | +€25 | +17.1% |
| Profit (loss) for the period | 9904 | -€6,956 | -€12,304 | -€5,348 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,956 | -€12,304 | -€5,348 | -76.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.