Brouwerij Vaert: 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 Vaert
Largest movements
- Tangible fixed assets -€5,891
down €5,891 (-15.0%), from €39,142 to €33,251
of which Plant, machinery and equipment: -€5,487
- Cash -€5,252
down €5,252 (-21.3%), from €24,654 to €19,403
mainly Net result for the year (-€12,453) and Tax, wage and social debts (-€58)
- Receivables within one year -€1,030
down €1,030 (-46.4%), from €2,222 to €1,192
of which Trade receivables: -€2,027
- Profit (loss) carried forward -€12,453
down €12,453 (-21.7%), from -€57,378 to -€69,831
- Gross operating margin +€5,109
up €5,109 (+46.6%), from -€10,960 to -€5,851
- Other operating charges +€404
up €404 (+222%), from €182 to €585
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 | €66,960 | €54,796 | -€12,164 | -18.2% |
| Fixed assets | 21/28 | €39,642 | €33,751 | -€5,891 | -14.9% |
| Tangible fixed assets | 22/27 | €39,142 | €33,251 | -€5,891 | -15.0% |
| Land and buildings | 22 | €3,146 | €2,743 | -€403 | -12.8% |
| Plant, machinery and equipment | 23 | €35,995 | €30,508 | -€5,487 | -15.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €27,318 | €21,045 | -€6,273 | -23.0% |
| Amounts receivable within one year | 40/41 | €2,222 | €1,192 | -€1,030 | -46.4% |
| Trade receivables | 40 | €2,027 | €0 | -€2,027 | -100% |
| Other amounts receivable | 41 | €195 | €1,192 | +€997 | +511% |
| Cash at bank and in hand | 54/58 | €24,654 | €19,403 | -€5,252 | -21.3% |
| Deferred charges and accrued income | 490/1 | €441 | €450 | +€9 | +2.0% |
| Total equity and liabilities | 10/49 | €66,960 | €54,796 | -€12,164 | -18.2% |
| Equity | 10/15 | €52,622 | €40,169 | -€12,453 | -23.7% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,378 | -€69,831 | -€12,453 | -21.7% |
| Amounts payable | 17/49 | €14,338 | €14,627 | +€289 | +2.0% |
| Amounts payable within one year | 42/48 | €14,338 | €14,627 | +€289 | +2.0% |
| Trade debts | 44 | €1,248 | €1,573 | +€326 | +26.1% |
| Suppliers | 440/4 | €1,248 | €1,573 | +€326 | +26.1% |
| Taxes, remuneration and social security | 45 | €58 | €0 | -€58 | -100% |
| Taxes | 450/3 | €58 | €0 | -€58 | -100% |
| Other amounts payable | 47/48 | €13,032 | €13,053 | +€21 | +0.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,837 | €5,891 | +€54 | +0.9% |
| Other operating charges | 640/8 | €182 | €585 | +€404 | +222% |
| Gross operating margin | 9900 | -€10,960 | -€5,851 | +€5,109 | +46.6% |
| Operating profit (loss) | 9901 | -€16,978 | -€12,327 | +€4,651 | +27.4% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €126 | €126 | = | 0.0% |
| Recurring financial charges | 65 | €126 | €126 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,096 | -€12,453 | +€4,643 | +27.2% |
| Profit (loss) for the period | 9904 | -€17,096 | -€12,453 | +€4,643 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,096 | -€12,453 | +€4,643 | +27.2% |
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 13 October 2026 via checked.be.