Brouwerij De Kazematten: what changed
Brouwerij De Kazematten
Largest movements
- Cash +€60,405
up €60,405 (+81.9%), from €73,710 to €134,116
mainly Net result for the year (+€67,261) and Other debts (+€37,046)
- Stocks and contracts +€27,485
up €27,485 (+24.8%), from €110,808 to €138,293
- Tangible fixed assets -€16,398
down €16,398 (-28.4%), from €57,806 to €41,407
of which Plant, machinery and equipment: -€10,001
- Receivables within one year +€14,092
up €14,092 (+38.6%), from €36,472 to €50,565
of which Other amounts receivable: +€19,783
- Reserves +€67,261
up €67,261 (+124%), from €54,435 to €121,695
- Trade debts -€37,137
down €37,137 (-69.5%), from €53,473 to €16,335
- Other debts +€37,046
up €37,046 (+52.7%), from €70,362 to €107,409
- Tax, wage and social debts +€18,566
up €18,566 (+1,796%), from €1,034 to €19,600
- Gross operating margin +€95,605
up €95,605 (+766%), from €12,487 to €108,092
- Other operating charges +€2,478
up €2,478 (+18.7%), from €13,232 to €15,710
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 | €282,427 | €367,338 | +€84,911 | +30.1% |
| Fixed assets | 21/28 | €60,243 | €43,678 | -€16,565 | -27.5% |
| Intangible fixed assets | 21 | €1,162 | €995 | -€167 | -14.4% |
| Tangible fixed assets | 22/27 | €57,806 | €41,407 | -€16,398 | -28.4% |
| Land and buildings | 22 | €25,172 | €20,974 | -€4,198 | -16.7% |
| Plant, machinery and equipment | 23 | €28,817 | €18,816 | -€10,001 | -34.7% |
| Furniture and vehicles | 24 | €3,817 | €1,617 | -€2,200 | -57.6% |
| Financial fixed assets | 28 | €1,275 | €1,275 | = | 0.0% |
| Current assets | 29/58 | €222,184 | €323,661 | +€101,477 | +45.7% |
| Stocks and contracts in progress | 3 | €110,808 | €138,293 | +€27,485 | +24.8% |
| Stocks | 30/36 | €110,808 | €138,293 | +€27,485 | +24.8% |
| Amounts receivable within one year | 40/41 | €36,472 | €50,565 | +€14,092 | +38.6% |
| Trade receivables | 40 | €34,524 | €28,833 | -€5,691 | -16.5% |
| Other amounts receivable | 41 | €1,949 | €21,732 | +€19,783 | +1,015% |
| Cash at bank and in hand | 54/58 | €73,710 | €134,116 | +€60,405 | +81.9% |
| Deferred charges and accrued income | 490/1 | €1,193 | €687 | -€505 | -42.4% |
| Total equity and liabilities | 10/49 | €282,427 | €367,338 | +€84,911 | +30.1% |
| Equity | 10/15 | €156,735 | €223,995 | +€67,261 | +42.9% |
| Contributions | 10/11 | €102,300 | €102,300 | = | 0.0% |
| Reserves | 13 | €54,435 | €121,695 | +€67,261 | +124% |
| Distributable reserves | 133 | €54,435 | €121,695 | +€67,261 | +124% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €125,693 | €143,343 | +€17,651 | +14.0% |
| Amounts payable within one year | 42/48 | €125,693 | €143,343 | +€17,651 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €53,473 | €16,335 | -€37,137 | -69.5% |
| Suppliers | 440/4 | €53,473 | €16,335 | -€37,137 | -69.5% |
| Advances received on contracts in progress | 46 | €824 | €0 | -€824 | -100% |
| Taxes, remuneration and social security | 45 | €1,034 | €19,600 | +€18,566 | +1,796% |
| Taxes | 450/3 | €1,034 | €19,600 | +€18,566 | +1,796% |
| Other amounts payable | 47/48 | €70,362 | €107,409 | +€37,046 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,570 | €16,565 | +€996 | +6.4% |
| Other operating charges | 640/8 | €13,232 | €15,710 | +€2,478 | +18.7% |
| Gross operating margin | 9900 | €12,487 | €108,092 | +€95,605 | +766% |
| Operating profit (loss) | 9901 | -€16,314 | €75,817 | +€92,131 | |
| Financial income | 75/76B | €157 | €110 | -€47 | -30.0% |
| Recurring financial income | 75 | €157 | €110 | -€47 | -30.0% |
| Financial charges | 65/66B | €1,288 | €1,391 | +€103 | +8.0% |
| Recurring financial charges | 65 | €1,288 | €1,391 | +€103 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,445 | €74,536 | +€91,981 | |
| Income taxes | 67/77 | €8,000 | €7,276 | -€724 | -9.1% |
| Profit (loss) for the period | 9904 | -€25,445 | €67,261 | +€92,706 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,445 | €67,261 | +€92,706 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.