BROUWERIJ WALRAVE: 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 WALRAVE
Largest movements
- Tangible fixed assets -€8,252
down €8,252 (-2.9%), from €281,377 to €273,125
of which Land and buildings: -€5,643
- Stocks and contracts -€6,674
down €6,674 (-7.8%), from €85,708 to €79,034
- Profit (loss) carried forward -€13,776
down €13,776 (-15.5%), from -€88,821 to -€102,597
- Gross operating margin -€15,125
down €15,125, from €14,903 to -€222
- Depreciation +€415
up €415 (+5.0%), from €8,252 to €8,667
- Other operating charges +€302
up €302 (+6.6%), from €4,548 to €4,850
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 | €378,929 | €362,622 | -€16,307 | -4.3% |
| Fixed assets | 21/28 | €288,586 | €278,514 | -€10,072 | -3.5% |
| Tangible fixed assets | 22/27 | €281,377 | €273,125 | -€8,252 | -2.9% |
| Land and buildings | 22 | €270,372 | €264,729 | -€5,643 | -2.1% |
| Plant, machinery and equipment | 23 | €11,005 | €8,396 | -€2,609 | -23.7% |
| Financial fixed assets | 28 | €7,209 | €5,389 | -€1,820 | -25.2% |
| Current assets | 29/58 | €90,343 | €84,108 | -€6,235 | -6.9% |
| Stocks and contracts in progress | 3 | €85,708 | €79,034 | -€6,674 | -7.8% |
| Stocks | 30/36 | €85,708 | €79,034 | -€6,674 | -7.8% |
| Amounts receivable within one year | 40/41 | €1,091 | €550 | -€541 | -49.6% |
| Trade receivables | 40 | €1,032 | €470 | -€562 | -54.5% |
| Other amounts receivable | 41 | €59 | €80 | +€21 | +35.6% |
| Cash at bank and in hand | 54/58 | €3,544 | €4,524 | +€980 | +27.7% |
| Total equity and liabilities | 10/49 | €378,929 | €362,622 | -€16,307 | -4.3% |
| Equity | 10/15 | €300,198 | €286,422 | -€13,776 | -4.6% |
| Contributions | 10/11 | €240,457 | €240,457 | = | 0.0% |
| Capital | 10 | €240,457 | €240,457 | = | 0.0% |
| Issued capital | 100 | €240,457 | €240,457 | = | 0.0% |
| Revaluation surpluses | 12 | €142,207 | €142,207 | = | 0.0% |
| Reserves | 13 | €6,355 | €6,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,355 | €6,355 | = | 0.0% |
| Legal reserve | 130 | €6,355 | €6,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,821 | -€102,597 | -€13,776 | -15.5% |
| Amounts payable | 17/49 | €78,731 | €76,200 | -€2,531 | -3.2% |
| Amounts payable after more than one year | 17 | €14,874 | €14,874 | = | 0.0% |
| Other amounts payable | 178/9 | €14,874 | €14,874 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,857 | €61,326 | -€2,531 | -4.0% |
| Trade debts | 44 | €9,788 | €7,413 | -€2,375 | -24.3% |
| Suppliers | 440/4 | €9,788 | €7,413 | -€2,375 | -24.3% |
| Taxes, remuneration and social security | 45 | €54 | €165 | +€111 | +206% |
| Taxes | 450/3 | €54 | €165 | +€111 | +206% |
| Other amounts payable | 47/48 | €54,015 | €53,748 | -€267 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,252 | €8,667 | +€415 | +5.0% |
| Other operating charges | 640/8 | €4,548 | €4,850 | +€302 | +6.6% |
| Gross operating margin | 9900 | €14,903 | -€222 | -€15,125 | |
| Operating profit (loss) | 9901 | €2,103 | -€13,739 | -€15,842 | |
| Financial charges | 65/66B | €35 | €37 | +€2 | +5.7% |
| Recurring financial charges | 65 | €35 | €37 | +€2 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,068 | -€13,776 | -€15,844 | |
| Profit (loss) for the period | 9904 | €2,068 | -€13,776 | -€15,844 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,068 | -€13,776 | -€15,844 |
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 20 October 2026 via checked.be.