Brouwerij Vanhoutte: 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 Vanhoutte
Largest movements
- Tangible fixed assets +€256,924
up €256,924 (+256%), from €100,361 to €357,285
of which Land and buildings: +€174,706
- Receivables after one year -€170,000
down €170,000 (-100%), from €170,000 to €0
- Receivables within one year +€47,331
up €47,331 (+71.0%), from €66,664 to €113,996
of which Trade receivables: +€63,867
- Financial fixed assets -€9,462
down €9,462 (-90.4%), from €10,462 to €1,000
- Debts after one year +€244,435
up €244,435 (+277%), from €88,393 to €332,829
of which Other amounts payable: +€137,828
- Profit (loss) carried forward -€58,328
down €58,328 (-408%), from -€14,295 to -€72,623
- Trade debts -€43,011
down €43,011 (-62.8%), from €68,543 to €25,532
- Current portion of long-term debt -€29,145
down €29,145 (-100%), from €29,145 to €0
- Gross operating margin -€25,324
down €25,324 (-24.1%), from €104,886 to €79,562
- Depreciation -€15,066
down €15,066 (-69.0%), from €21,849 to €6,783
- Staff costs +€7,115
up €7,115 (+10.6%), from €67,273 to €74,388
- Financial income -€5,255
down €5,255 (-96.9%), from €5,421 to €167
- Financial charges +€1,083
up €1,083 (+6.7%), from €16,156 to €17,239
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 | €365,394 | €485,007 | +€119,613 | +32.7% |
| Fixed assets | 21/28 | €110,823 | €358,285 | +€247,462 | +223% |
| Tangible fixed assets | 22/27 | €100,361 | €357,285 | +€256,924 | +256% |
| Land and buildings | 22 | €99,959 | €274,664 | +€174,706 | +175% |
| Plant, machinery and equipment | 23 | €402 | €0 | -€402 | -100% |
| Furniture and vehicles | 24 | - | €23,140 | +€23,140 | |
| Assets under construction and advance payments | 27 | - | €59,480 | +€59,480 | |
| Financial fixed assets | 28 | €10,462 | €1,000 | -€9,462 | -90.4% |
| Current assets | 29/58 | €254,570 | €126,722 | -€127,848 | -50.2% |
| Amounts receivable after more than one year | 29 | €170,000 | €0 | -€170,000 | -100% |
| Other amounts receivable | 291 | €170,000 | €0 | -€170,000 | -100% |
| Stocks and contracts in progress | 3 | €4,967 | €3,842 | -€1,125 | -22.7% |
| Stocks | 30/36 | €4,967 | €3,842 | -€1,125 | -22.7% |
| Amounts receivable within one year | 40/41 | €66,664 | €113,996 | +€47,331 | +71.0% |
| Trade receivables | 40 | €42,272 | €106,139 | +€63,867 | +151% |
| Other amounts receivable | 41 | €24,392 | €7,856 | -€16,536 | -67.8% |
| Cash at bank and in hand | 54/58 | €12,478 | €8,885 | -€3,593 | -28.8% |
| Deferred charges and accrued income | 490/1 | €462 | €0 | -€462 | -100% |
| Total equity and liabilities | 10/49 | €365,394 | €485,007 | +€119,613 | +32.7% |
| Equity | 10/15 | €46,421 | -€11,907 | -€58,328 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €40,716 | €40,716 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,176 | €15,176 | = | 0.0% |
| Distributable reserves | 133 | €25,539 | €25,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,295 | -€72,623 | -€58,328 | -408% |
| Amounts payable | 17/49 | €318,973 | €496,914 | +€177,941 | +55.8% |
| Amounts payable after more than one year | 17 | €88,393 | €332,829 | +€244,435 | +277% |
| Financial debts | 170/4 | €71,556 | €178,163 | +€106,607 | +149% |
| Other amounts payable | 178/9 | €16,837 | €154,666 | +€137,828 | +819% |
| Amounts payable within one year | 42/48 | €229,348 | €161,854 | -€67,494 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €29,145 | €0 | -€29,145 | -100% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €68,543 | €25,532 | -€43,011 | -62.8% |
| Suppliers | 440/4 | €68,543 | €25,532 | -€43,011 | -62.8% |
| Taxes, remuneration and social security | 45 | €6,660 | €11,322 | +€4,661 | +70.0% |
| Taxes | 450/3 | €380 | €2,734 | +€2,354 | +620% |
| Remuneration and social security | 454/9 | €6,281 | €8,588 | +€2,307 | +36.7% |
| Accrued charges and deferred income | 492/3 | €1,231 | €2,232 | +€1,000 | +81.2% |
| Non-recurring operating income | 76A | €0 | €14,650 | +€14,650 | |
| Remuneration, social security and pensions | 62 | €67,273 | €74,388 | +€7,115 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,849 | €6,783 | -€15,066 | -69.0% |
| Other operating charges | 640/8 | €10,246 | €11,291 | +€1,045 | +10.2% |
| Non-recurring operating charges | 66A | €0 | €27,959 | +€27,959 | |
| Gross operating margin | 9900 | €104,886 | €79,562 | -€25,324 | -24.1% |
| Operating profit (loss) | 9901 | €5,518 | -€40,858 | -€46,376 | |
| Financial income | 75/76B | €5,421 | €167 | -€5,255 | -96.9% |
| Recurring financial income | 75 | €5,421 | €167 | -€5,255 | -96.9% |
| Financial charges | 65/66B | €16,156 | €17,239 | +€1,083 | +6.7% |
| Recurring financial charges | 65 | €16,156 | €17,239 | +€1,083 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,216 | -€57,931 | -€52,715 | -1,011% |
| Income taxes | 67/77 | €380 | €397 | +€17 | +4.5% |
| Profit (loss) for the period | 9904 | -€5,596 | -€58,328 | -€52,732 | -942% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,596 | -€58,328 | -€52,732 | -942% |
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.