DE BROUWBENDE: 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.
What changed
DE BROUWBENDE
NACE 11.050, Manufacture of beer
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,967
2024 · -€5,217+€7,184
Equity
€27,560
2024 · €25,593+€1,967
Cash
€29,637
2024 · €21,828+€7,809
Balance sheet total
€60,967
2024 · €56,690+€4,277
Largest movements
Assets
- Cash +€7,809
up €7,809 (+35.8%), from €21,828 to €29,637
mainly Stocks and contracts (+€2,224) and Tax, wage and social debts (+€2,089)
- Stocks and contracts -€2,224
down €2,224 (-9.2%), from €24,267 to €22,043
of which Stocks: -€2,224
- Receivables within one year -€1,111
down €1,111 (-11.3%), from €9,825 to €8,714
of which Trade receivables: -€637
Equity and liabilities
- Tax, wage and social debts +€2,089
up €2,089 (+344%), from €607 to €2,697
of which Taxes: +€2,089
- Other debts +€2,047
up €2,047 (+7.5%), from €27,253 to €29,300
- Profit (loss) carried forward +€1,967
up €1,967 (+37.7%), from -€5,217 to -€3,250
- Trade debts -€1,802
down €1,802 (-56.1%), from €3,212 to €1,411
of which Suppliers: -€1,802
Income statement
- Gross operating margin +€8,250
up €8,250, from -€2,579 to €5,671
- Taxes +€814
new in 2025: €814
- Other operating charges +€365
up €365 (+179%), from €204 to €569
- Financial charges -€113
down €113 (-5.1%), from €2,228 to €2,115
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.
Result 2024
-€5,217
Gross operating margin
+€8,250
Other operating charges
-€365
Financial income
+€0
Financial charges
+€113
Taxes
-€814
Result 2025
€1,967
raises the resultlowers the result
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.
From operations
+€7,809
Investment
€0
Financing
€0
Cash 2024
€21,828
From operations (derived)
+€7,809
Net result for the year
+€1,967
Depreciation
+€206
Stocks and contracts
+€2,224
Receivables within one year
+€1,111
Deferred charges and accrued income
-€9
Trade debts
-€1,802
Tax, wage and social debts
+€2,089
Other debts
+€2,047
Accrued charges and deferred income
-€25
Cash 2025
€29,637
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,690 | €60,967 | +€4,277 | +7.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €558 | €353 | -€206 | -36.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €558 | €353 | -€206 | -36.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €558 | €353 | -€206 | -36.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €56,132 | €60,615 | +€4,483 | +8.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €24,267 | €22,043 | -€2,224 | -9.2% |
| Stocks | 30/36 | €24,267 | €22,043 | -€2,224 | -9.2% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,825 | €8,714 | -€1,111 | -11.3% |
| Trade receivables | 40 | €1,954 | €1,318 | -€637 | -32.6% |
| Other amounts receivable | 41 | €7,870 | €7,396 | -€475 | -6.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,828 | €29,637 | +€7,809 | +35.8% |
| Deferred charges and accrued income | 490/1 | €212 | €221 | +€9 | +4.2% |
| Total equity and liabilities | 10/49 | €56,690 | €60,967 | +€4,277 | +7.5% |
| Equity | 10/15 | €25,593 | €27,560 | +€1,967 | +7.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €22,810 | €22,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €22,810 | €22,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,217 | -€3,250 | +€1,967 | +37.7% |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €31,098 | €33,407 | +€2,310 | +7.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €31,073 | €33,407 | +€2,335 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €3,212 | €1,411 | -€1,802 | -56.1% |
| Suppliers | 440/4 | €3,212 | €1,411 | -€1,802 | -56.1% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €607 | €2,697 | +€2,089 | +344% |
| Taxes | 450/3 | €607 | €2,697 | +€2,089 | +344% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €27,253 | €29,300 | +€2,047 | +7.5% |
| Accrued charges and deferred income | 492/3 | €25 | - | -€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €206 | = | 0.0% |
| Other operating charges | 640/8 | €204 | €569 | +€365 | +179% |
| Gross operating margin | 9900 | -€2,579 | €5,671 | +€8,250 | |
| Operating profit (loss) | 9901 | -€2,989 | €4,896 | +€7,885 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +25.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +25.0% |
| Financial charges | 65/66B | €2,228 | €2,115 | -€113 | -5.1% |
| Recurring financial charges | 65 | €2,228 | €2,115 | -€113 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,217 | €2,781 | +€7,998 | |
| Income taxes | 67/77 | - | €814 | +€814 | |
| Profit (loss) for the period | 9904 | -€5,217 | €1,967 | +€7,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,217 | €1,967 | +€7,184 |
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 23 October 2026 via checked.be.