DRINK CHARLIER: 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.
DRINK CHARLIER
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+57.8%), from €1.8m to €2.8m
of which Plant, machinery and equipment: +€1.3m
- Cash -€708,458
down €708,458 (-90.5%), from €783,192 to €74,734
mainly Investment in fixed assets (net) (-€1.3m) and Contributions, distributions and other (-€865,847)
- Stocks and contracts +€235,893
up €235,893 (+88.3%), from €267,144 to €503,037
- Intangible fixed assets +€68,297
up €68,297 (+2,047%), from €3,336 to €71,633
- Reserves -€672,929
down €672,929 (-34.6%), from €1.9m to €1.3m
- Trade debts +€659,990
up €659,990 (+867%), from €76,084 to €736,074
- Debts after one year +€445,942
up €445,942 (+33.4%), from €1.3m to €1.8m
- Other debts +€129,917
up €129,917 (+1,148%), from €11,315 to €141,232
- Current portion of long-term debt +€93,812
up €93,812 (+700%), from €13,411 to €107,223
- Depreciation -€156,331
down €156,331 (-50.6%), from €308,766 to €152,434
- Staff costs +€75,190
up €75,190 (+46.4%), from €162,118 to €237,308
- Financial charges +€55,300
up €55,300 (+2,132%), from €2,593 to €57,893
- Gross operating margin +€45,354
up €45,354 (+6.9%), from €658,582 to €703,936
- Other operating charges +€19,850
up €19,850 (+121%), from €16,422 to €36,272
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,441,611 | €4,096,348 | +€654,737 | +19.0% |
| Fixed assets | 21/28 | €1,809,552 | €2,917,730 | +€1.1m | +61.2% |
| Intangible fixed assets | 21 | €3,336 | €71,633 | +€68,297 | +2,047% |
| Tangible fixed assets | 22/27 | €1,802,466 | €2,843,848 | +€1.0m | +57.8% |
| Land and buildings | 22 | €1,628,946 | €1,340,613 | -€288,333 | -17.7% |
| Plant, machinery and equipment | 23 | €72,748 | €1,403,655 | +€1.3m | +1,829% |
| Furniture and vehicles | 24 | €100,772 | €99,580 | -€1,193 | -1.2% |
| Financial fixed assets | 28 | €3,750 | €2,250 | -€1,500 | -40.0% |
| Current assets | 29/58 | €1,632,059 | €1,178,617 | -€453,441 | -27.8% |
| Stocks and contracts in progress | 3 | €267,144 | €503,037 | +€235,893 | +88.3% |
| Stocks | 30/36 | €267,144 | €503,037 | +€235,893 | +88.3% |
| Amounts receivable within one year | 40/41 | €547,415 | €581,163 | +€33,747 | +6.2% |
| Trade receivables | 40 | €538,960 | €527,217 | -€11,743 | -2.2% |
| Other amounts receivable | 41 | €8,455 | €53,945 | +€45,491 | +538% |
| Cash at bank and in hand | 54/58 | €783,192 | €74,734 | -€708,458 | -90.5% |
| Deferred charges and accrued income | 490/1 | €34,308 | €19,684 | -€14,624 | -42.6% |
| Total equity and liabilities | 10/49 | €3,441,611 | €4,096,348 | +€654,737 | +19.0% |
| Equity | 10/15 | €1,974,844 | €1,288,414 | -€686,430 | -34.8% |
| Contributions | 10/11 | €20,000 | €11,231 | -€8,769 | -43.8% |
| Reserves | 13 | €1,943,100 | €1,270,171 | -€672,929 | -34.6% |
| Distributable reserves | 133 | €1,943,100 | €1,270,171 | -€672,929 | -34.6% |
| Profit (loss) carried forward | 14 | €11,744 | €7,012 | -€4,732 | -40.3% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €1,466,767 | €2,807,934 | +€1.3m | +91.4% |
| Amounts payable after more than one year | 17 | €1,334,490 | €1,780,432 | +€445,942 | +33.4% |
| Financial debts | 170/4 | €1,334,490 | €1,780,432 | +€445,942 | +33.4% |
| Amounts payable within one year | 42/48 | €132,276 | €1,027,502 | +€895,225 | +677% |
| Current portion of amounts payable after more than one year | 42 | €13,411 | €107,223 | +€93,812 | +700% |
| Trade debts | 44 | €76,084 | €736,074 | +€659,990 | +867% |
| Suppliers | 440/4 | €76,084 | €736,074 | +€659,990 | +867% |
| Taxes, remuneration and social security | 45 | €31,466 | €42,973 | +€11,507 | +36.6% |
| Taxes | 450/3 | €9,484 | €3,477 | -€6,007 | -63.3% |
| Remuneration and social security | 454/9 | €21,982 | €39,496 | +€17,514 | +79.7% |
| Other amounts payable | 47/48 | €11,315 | €141,232 | +€129,917 | +1,148% |
| Remuneration, social security and pensions | 62 | €162,118 | €237,308 | +€75,190 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308,766 | €152,434 | -€156,331 | -50.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €11,260 | +€11,260 | |
| Other operating charges | 640/8 | €16,422 | €36,272 | +€19,850 | +121% |
| Gross operating margin | 9900 | €658,582 | €703,936 | +€45,354 | +6.9% |
| Operating profit (loss) | 9901 | €171,277 | €266,662 | +€95,385 | +55.7% |
| Financial income | 75/76B | €6,672 | €3,680 | -€2,992 | -44.8% |
| Recurring financial income | 75 | €6,672 | €3,680 | -€2,992 | -44.8% |
| Financial charges | 65/66B | €2,593 | €57,893 | +€55,300 | +2,132% |
| Recurring financial charges | 65 | €2,593 | €57,893 | +€55,300 | +2,132% |
| Profit (loss) for the period before taxes | 9903 | €175,355 | €212,448 | +€37,093 | +21.2% |
| Income taxes | 67/77 | €52,289 | €33,032 | -€19,257 | -36.8% |
| Profit (loss) for the period | 9904 | €123,066 | €179,417 | +€56,351 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,066 | €179,417 | +€56,351 | +45.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.