Brouwerij De Sleutels: 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 Sleutels
Largest movements
- Receivables within one year +€27,390
up €27,390 (+843%), from €3,248 to €30,638
of which Other amounts receivable: +€17,875
- Tangible fixed assets -€9,040
down €9,040 (-1.5%), from €622,229 to €613,189
of which Plant, machinery and equipment: -€6,788
- Debts after one year +€64,714
up €64,714 (+12.3%), from €526,085 to €590,799
- Trade debts -€60,708
down €60,708 (-75.0%), from €80,931 to €20,223
- Other debts +€29,058
up €29,058 (+46.6%), from €62,359 to €91,417
- Profit (loss) carried forward -€14,980
down €14,980 (-19.5%), from -€77,015 to -€91,996
- Gross operating margin +€33,580
up €33,580, from -€22,212 to €11,369
- Depreciation +€3,510
up €3,510 (+36.4%), from €9,646 to €13,156
- Staff costs +€738
up €738 (+83.8%), from €881 to €1,619
- Other operating charges -€500
down €500 (-16.9%), from €2,957 to €2,457
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 | €639,340 | €655,990 | +€16,651 | +2.6% |
| Fixed assets | 21/28 | €622,229 | €613,189 | -€9,040 | -1.5% |
| Tangible fixed assets | 22/27 | €622,229 | €613,189 | -€9,040 | -1.5% |
| Land and buildings | 22 | €530,997 | €532,067 | +€1,070 | +0.2% |
| Plant, machinery and equipment | 23 | €65,084 | €58,296 | -€6,788 | -10.4% |
| Furniture and vehicles | 24 | €26,148 | €22,826 | -€3,323 | -12.7% |
| Current assets | 29/58 | €17,110 | €42,801 | +€25,691 | +150% |
| Stocks and contracts in progress | 3 | €1,050 | €1,200 | +€150 | +14.3% |
| Stocks | 30/36 | €1,050 | €1,200 | +€150 | +14.3% |
| Amounts receivable within one year | 40/41 | €3,248 | €30,638 | +€27,390 | +843% |
| Trade receivables | 40 | €2,460 | €11,976 | +€9,516 | +387% |
| Other amounts receivable | 41 | €788 | €18,662 | +€17,875 | +2,269% |
| Cash at bank and in hand | 54/58 | €7,240 | €10,963 | +€3,723 | +51.4% |
| Deferred charges and accrued income | 490/1 | €5,572 | - | -€5,572 | |
| Total equity and liabilities | 10/49 | €639,340 | €655,990 | +€16,651 | +2.6% |
| Equity | 10/15 | -€67,015 | -€81,996 | -€14,980 | -22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,015 | -€91,996 | -€14,980 | -19.5% |
| Amounts payable | 17/49 | €706,355 | €737,986 | +€31,631 | +4.5% |
| Amounts payable after more than one year | 17 | €526,085 | €590,799 | +€64,714 | +12.3% |
| Financial debts | 170/4 | €526,085 | €590,799 | +€64,714 | +12.3% |
| Amounts payable within one year | 42/48 | €176,430 | €147,187 | -€29,243 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €32,730 | €33,479 | +€750 | +2.3% |
| Trade debts | 44 | €80,931 | €20,223 | -€60,708 | -75.0% |
| Suppliers | 440/4 | €80,931 | €20,223 | -€60,708 | -75.0% |
| Taxes, remuneration and social security | 45 | €410 | €2,067 | +€1,657 | +404% |
| Taxes | 450/3 | €335 | €2,067 | +€1,732 | +517% |
| Remuneration and social security | 454/9 | €75 | - | -€75 | |
| Other amounts payable | 47/48 | €62,359 | €91,417 | +€29,058 | +46.6% |
| Accrued charges and deferred income | 492/3 | €3,840 | - | -€3,840 | |
| Remuneration, social security and pensions | 62 | €881 | €1,619 | +€738 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,646 | €13,156 | +€3,510 | +36.4% |
| Other operating charges | 640/8 | €2,957 | €2,457 | -€500 | -16.9% |
| Gross operating margin | 9900 | -€22,212 | €11,369 | +€33,580 | |
| Operating profit (loss) | 9901 | -€35,695 | -€5,863 | +€29,832 | +83.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €9,200 | €9,117 | -€82 | -0.9% |
| Recurring financial charges | 65 | €9,200 | €9,117 | -€82 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€44,893 | -€14,980 | +€29,912 | +66.6% |
| Profit (loss) for the period | 9904 | -€44,893 | -€14,980 | +€29,912 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,893 | -€14,980 | +€29,912 | +66.6% |
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 28 October 2026 via checked.be.