COCKTAIL CARTEL: 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.
COCKTAIL CARTEL
Largest movements
- Tangible fixed assets +€37,141
up €37,141 (+36.9%), from €100,697 to €137,838
of which Plant, machinery and equipment: +€46,733
- Receivables within one year -€12,917
down €12,917 (-86.0%), from €15,016 to €2,099
of which Trade receivables: -€11,672
- Cash +€3,071
up €3,071 (+247%), from €1,241 to €4,313
mainly Current portion of long-term debt (+€49,422) and Other debts (+€35,712)
- Current portion of long-term debt +€49,422
up €49,422 (+988%), from €5,000 to €54,422
- Other debts +€35,712
up €35,712 (+57.3%), from €62,283 to €97,995
- Profit (loss) carried forward -€30,179
down €30,179 (-134%), from -€22,536 to -€52,715
- Debts after one year -€18,103
down €18,103 (-29.9%), from €60,643 to €42,539
- Trade debts -€9,183
no longer reported in 2025 (was €9,183)
- Depreciation +€8,418
up €8,418 (+79.7%), from €10,560 to €18,978
- Financial charges -€2,398
down €2,398 (-46.8%), from €5,120 to €2,722
- Gross operating margin -€1,673
down €1,673 (-23.9%), from -€7,001 to -€8,674
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 | €116,954 | €144,591 | +€27,637 | +23.6% |
| Fixed assets | 21/28 | €100,697 | €137,838 | +€37,141 | +36.9% |
| Tangible fixed assets | 22/27 | €100,697 | €137,838 | +€37,141 | +36.9% |
| Land and buildings | 22 | €79,024 | €63,648 | -€15,376 | -19.5% |
| Plant, machinery and equipment | 23 | - | €46,733 | +€46,733 | |
| Furniture and vehicles | 24 | €21,674 | €27,457 | +€5,784 | +26.7% |
| Current assets | 29/58 | €16,257 | €6,753 | -€9,504 | -58.5% |
| Amounts receivable within one year | 40/41 | €15,016 | €2,099 | -€12,917 | -86.0% |
| Trade receivables | 40 | €12,188 | €516 | -€11,672 | -95.8% |
| Other amounts receivable | 41 | €2,828 | €1,582 | -€1,246 | -44.0% |
| Cash at bank and in hand | 54/58 | €1,241 | €4,313 | +€3,071 | +247% |
| Deferred charges and accrued income | 490/1 | - | €342 | +€342 | |
| Total equity and liabilities | 10/49 | €116,954 | €144,591 | +€27,637 | +23.6% |
| Equity | 10/15 | -€21,536 | -€51,715 | -€30,179 | -140% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,536 | -€52,715 | -€30,179 | -134% |
| Amounts payable | 17/49 | €138,490 | €196,306 | +€57,816 | +41.7% |
| Amounts payable after more than one year | 17 | €60,643 | €42,539 | -€18,103 | -29.9% |
| Financial debts | 170/4 | €60,643 | €42,539 | -€18,103 | -29.9% |
| Amounts payable within one year | 42/48 | €76,466 | €152,417 | +€75,951 | +99.3% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €54,422 | +€49,422 | +988% |
| Trade debts | 44 | €9,183 | - | -€9,183 | |
| Suppliers | 440/4 | €9,183 | - | -€9,183 | |
| Other amounts payable | 47/48 | €62,283 | €97,995 | +€35,712 | +57.3% |
| Accrued charges and deferred income | 492/3 | €1,381 | €1,349 | -€32 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,560 | €18,978 | +€8,418 | +79.7% |
| Gross operating margin | 9900 | -€7,001 | -€8,674 | -€1,673 | -23.9% |
| Operating profit (loss) | 9901 | -€17,561 | -€27,652 | -€10,091 | -57.5% |
| Financial income | 75/76B | €146 | €195 | +€49 | +33.6% |
| Recurring financial income | 75 | €146 | €195 | +€49 | +33.6% |
| Financial charges | 65/66B | €5,120 | €2,722 | -€2,398 | -46.8% |
| Recurring financial charges | 65 | €5,120 | €2,722 | -€2,398 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,536 | -€30,179 | -€7,644 | -33.9% |
| Profit (loss) for the period | 9904 | -€22,536 | -€30,179 | -€7,644 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,536 | -€30,179 | -€7,644 | -33.9% |
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 25 October 2026 via checked.be.