BROUWERIJ HENDRIX: 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 HENDRIX
Largest movements
- Receivables within one year +€63,216
up €63,216 (+54.7%), from €115,540 to €178,756
of which Trade receivables: +€53,635
- Cash +€17,894
up €17,894 (+84.1%), from €21,278 to €39,172
mainly Net result for the year (+€46,614) and Depreciation (+€40,382)
- Tangible fixed assets +€9,034
up €9,034 (+4.5%), from €198,933 to €207,967
of which Plant, machinery and equipment: +€12,961
- Stocks and contracts +€5,420
up €5,420 (+7.8%), from €69,107 to €74,527
- Profit (loss) carried forward +€46,614
up €46,614 (+96.2%), from -€48,474 to -€1,861
- Other debts -€24,717
down €24,717 (-10.6%), from €232,356 to €207,639
- Advances received +€24,524
new in 2025: €24,524
- Trade debts +€24,324
up €24,324 (+40.1%), from €60,617 to €84,941
- Debts after one year +€20,128
up €20,128 (+19.0%), from €105,688 to €125,816
- Staff costs -€19,881
down €19,881 (-33.2%), from €59,831 to €39,950
- Gross operating margin +€15,632
up €15,632 (+11.1%), from €140,524 to €156,156
- Depreciation +€3,728
up €3,728 (+10.2%), from €36,653 to €40,382
- Financial charges -€1,668
down €1,668 (-25.0%), from €6,663 to €4,995
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 | €407,868 | €504,763 | +€96,895 | +23.8% |
| Fixed assets | 21/28 | €201,943 | €210,977 | +€9,034 | +4.5% |
| Tangible fixed assets | 22/27 | €198,933 | €207,967 | +€9,034 | +4.5% |
| Plant, machinery and equipment | 23 | €186,413 | €199,374 | +€12,961 | +7.0% |
| Furniture and vehicles | 24 | €5,451 | €4,835 | -€617 | -11.3% |
| Other tangible fixed assets | 26 | €7,069 | €3,758 | -€3,311 | -46.8% |
| Financial fixed assets | 28 | €3,010 | €3,010 | = | 0.0% |
| Current assets | 29/58 | €205,925 | €293,786 | +€87,861 | +42.7% |
| Stocks and contracts in progress | 3 | €69,107 | €74,527 | +€5,420 | +7.8% |
| Stocks | 30/36 | €69,107 | €74,527 | +€5,420 | +7.8% |
| Amounts receivable within one year | 40/41 | €115,540 | €178,756 | +€63,216 | +54.7% |
| Trade receivables | 40 | €110,933 | €164,568 | +€53,635 | +48.3% |
| Other amounts receivable | 41 | €4,607 | €14,188 | +€9,580 | +208% |
| Cash at bank and in hand | 54/58 | €21,278 | €39,172 | +€17,894 | +84.1% |
| Deferred charges and accrued income | 490/1 | - | €1,331 | +€1,331 | |
| Total equity and liabilities | 10/49 | €407,868 | €504,763 | +€96,895 | +23.8% |
| Equity | 10/15 | -€29,874 | €16,739 | +€46,614 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,474 | -€1,861 | +€46,614 | +96.2% |
| Amounts payable | 17/49 | €437,743 | €488,024 | +€50,281 | +11.5% |
| Amounts payable after more than one year | 17 | €105,688 | €125,816 | +€20,128 | +19.0% |
| Financial debts | 170/4 | €105,688 | €125,816 | +€20,128 | +19.0% |
| Amounts payable within one year | 42/48 | €331,451 | €360,753 | +€29,302 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €19,931 | €30,093 | +€10,162 | +51.0% |
| Trade debts | 44 | €60,617 | €84,941 | +€24,324 | +40.1% |
| Suppliers | 440/4 | €60,617 | €84,941 | +€24,324 | +40.1% |
| Advances received on contracts in progress | 46 | - | €24,524 | +€24,524 | |
| Taxes, remuneration and social security | 45 | €18,548 | €13,556 | -€4,991 | -26.9% |
| Taxes | 450/3 | €3,314 | €3,233 | -€82 | -2.5% |
| Remuneration and social security | 454/9 | €15,233 | €10,324 | -€4,910 | -32.2% |
| Other amounts payable | 47/48 | €232,356 | €207,639 | -€24,717 | -10.6% |
| Accrued charges and deferred income | 492/3 | €604 | €1,455 | +€851 | +141% |
| Remuneration, social security and pensions | 62 | €59,831 | €39,950 | -€19,881 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,653 | €40,382 | +€3,728 | +10.2% |
| Other operating charges | 640/8 | €24,928 | €24,215 | -€713 | -2.9% |
| Gross operating margin | 9900 | €140,524 | €156,156 | +€15,632 | +11.1% |
| Operating profit (loss) | 9901 | €19,112 | €51,609 | +€32,497 | +170% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €6,663 | €4,995 | -€1,668 | -25.0% |
| Recurring financial charges | 65 | €6,663 | €4,995 | -€1,668 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €12,466 | €46,614 | +€34,148 | +274% |
| Profit (loss) for the period | 9904 | €12,466 | €46,614 | +€34,148 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €12,466 | €46,614 | +€34,148 | +274% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.