BROUWERIJ DE AREND: 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.
BROUWERIJ DE AREND
Largest movements
- Receivables within one year -€169,193
down €169,193 (-47.9%), from €353,409 to €184,216
of which Trade receivables: -€142,972
- Cash +€109,494
up €109,494 (+207%), from €52,968 to €162,461
mainly Receivables within one year (+€169,193) and Stocks and contracts (+€39,749)
- Stocks and contracts -€39,749
down €39,749 (-32.0%), from €124,111 to €84,362
- Tangible fixed assets -€11,340
down €11,340 (-3.3%), from €346,642 to €335,301
of which Plant, machinery and equipment: -€6,709
- Trade debts -€104,942
no longer reported in 2025 (was €104,942)
- Current portion of long-term debt +€35,944
up €35,944 (+117%), from €30,642 to €66,585
- Debts after one year -€29,956
down €29,956 (-17.5%), from €171,153 to €141,196
- Tax, wage and social debts -€15,189
no longer reported in 2025 (was €15,189)
of which Taxes: -€8,843
- Reserves +€13,480
up €13,480 (+1.9%), from €700,005 to €713,485
of which Distributable reserves: +€13,480
- Staff costs +€16,994
up €16,994 (+13.2%), from €128,906 to €145,899
- Taxes +€10,620
up €10,620 (+408%), from €2,600 to €13,220
- Other operating charges -€8,549
down €8,549 (-70.4%), from €12,145 to €3,596
- Financial charges -€4,997
down €4,997 (-54.9%), from €9,104 to €4,107
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 | €1,047,481 | €946,816 | -€100,665 | -9.6% |
| Fixed assets | 21/28 | €346,642 | €335,301 | -€11,340 | -3.3% |
| Tangible fixed assets | 22/27 | €346,642 | €335,301 | -€11,340 | -3.3% |
| Land and buildings | 22 | €277,642 | €273,373 | -€4,268 | -1.5% |
| Plant, machinery and equipment | 23 | €67,548 | €60,840 | -€6,709 | -9.9% |
| Furniture and vehicles | 24 | €1,452 | €1,089 | -€363 | -25.0% |
| Current assets | 29/58 | €700,840 | €611,515 | -€89,325 | -12.7% |
| Amounts receivable after more than one year | 29 | €167,395 | €167,395 | = | 0.0% |
| Other amounts receivable | 291 | €167,395 | €167,395 | = | 0.0% |
| Stocks and contracts in progress | 3 | €124,111 | €84,362 | -€39,749 | -32.0% |
| Stocks | 30/36 | €124,111 | €84,362 | -€39,749 | -32.0% |
| Amounts receivable within one year | 40/41 | €353,409 | €184,216 | -€169,193 | -47.9% |
| Trade receivables | 40 | €313,796 | €170,824 | -€142,972 | -45.6% |
| Other amounts receivable | 41 | €39,613 | €13,392 | -€26,221 | -66.2% |
| Cash at bank and in hand | 54/58 | €52,968 | €162,461 | +€109,494 | +207% |
| Deferred charges and accrued income | 490/1 | €2,957 | €13,081 | +€10,124 | +342% |
| Total equity and liabilities | 10/49 | €1,047,481 | €946,816 | -€100,665 | -9.6% |
| Equity | 10/15 | €725,556 | €739,035 | +€13,480 | +1.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €700,005 | €713,485 | +€13,480 | +1.9% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €697,505 | €710,985 | +€13,480 | +1.9% |
| Profit (loss) carried forward | 14 | €550 | €550 | = | 0.0% |
| Amounts payable | 17/49 | €321,926 | €207,781 | -€114,144 | -35.5% |
| Amounts payable after more than one year | 17 | €171,153 | €141,196 | -€29,956 | -17.5% |
| Financial debts | 170/4 | €171,153 | €141,196 | -€29,956 | -17.5% |
| Amounts payable within one year | 42/48 | €150,773 | €66,585 | -€84,188 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €30,642 | €66,585 | +€35,944 | +117% |
| Trade debts | 44 | €104,942 | - | -€104,942 | |
| Suppliers | 440/4 | €104,942 | - | -€104,942 | |
| Taxes, remuneration and social security | 45 | €15,189 | - | -€15,189 | |
| Taxes | 450/3 | €8,843 | - | -€8,843 | |
| Remuneration and social security | 454/9 | €6,346 | - | -€6,346 | |
| Remuneration, social security and pensions | 62 | €128,906 | €145,899 | +€16,994 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,223 | €20,311 | +€1,088 | +5.7% |
| Other operating charges | 640/8 | €12,145 | €3,596 | -€8,549 | -70.4% |
| Gross operating margin | 9900 | €194,779 | €196,411 | +€1,632 | +0.8% |
| Operating profit (loss) | 9901 | €34,506 | €26,604 | -€7,901 | -22.9% |
| Financial income | 75/76B | €2,722 | €4,202 | +€1,480 | +54.4% |
| Recurring financial income | 75 | €2,722 | €4,202 | +€1,480 | +54.4% |
| Financial charges | 65/66B | €9,104 | €4,107 | -€4,997 | -54.9% |
| Recurring financial charges | 65 | €9,104 | €4,107 | -€4,997 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €28,124 | €26,699 | -€1,425 | -5.1% |
| Income taxes | 67/77 | €2,600 | €13,220 | +€10,620 | +408% |
| Profit (loss) for the period | 9904 | €25,524 | €13,480 | -€12,045 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,524 | €13,480 | -€12,045 | -47.2% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.