DRINK - O - MAT: 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 - O - MAT
Largest movements
- Tangible fixed assets +€178,296
up €178,296 (+12.1%), from €1.5m to €1.6m
of which Plant, machinery and equipment: +€290,330
- Cash -€136,337
down €136,337 (-38.9%), from €350,793 to €214,455
mainly Investment in fixed assets (net) (-€698,765) and Debts after one year (-€173,835)
- Receivables within one year -€103,366
down €103,366 (-10.1%), from €1.0m to €916,600
of which Other amounts receivable: -€66,437
- Stocks and contracts +€102,940
up €102,940 (+13.7%), from €751,380 to €854,321
- Debts after one year -€173,835
down €173,835 (-31.1%), from €559,227 to €385,392
- Trade debts +€162,964
up €162,964 (+13.8%), from €1.2m to €1.3m
- Tax, wage and social debts +€37,894
up €37,894 (+13.6%), from €279,434 to €317,328
of which Taxes: +€21,796
- Gross operating margin +€445,763
up €445,763 (+17.3%), from €2.6m to €3.0m
- Staff costs +€218,229
up €218,229 (+12.6%), from €1.7m to €2.0m
- Financial charges +€135,983
up €135,983 (+36.5%), from €372,459 to €508,442
- Depreciation +€132,519
up €132,519 (+34.0%), from €389,868 to €522,387
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 | €3,647,927 | €3,704,447 | +€56,520 | +1.5% |
| Fixed assets | 21/28 | €1,478,055 | €1,654,433 | +€176,378 | +11.9% |
| Intangible fixed assets | 21 | €2,355 | €437 | -€1,918 | -81.4% |
| Tangible fixed assets | 22/27 | €1,471,450 | €1,649,746 | +€178,296 | +12.1% |
| Land and buildings | 22 | €9,511 | €7,108 | -€2,403 | -25.3% |
| Plant, machinery and equipment | 23 | €624,094 | €914,424 | +€290,330 | +46.5% |
| Furniture and vehicles | 24 | €166,360 | €186,082 | +€19,722 | +11.9% |
| Leasing and similar rights | 25 | €661,381 | €532,028 | -€129,353 | -19.6% |
| Other tangible fixed assets | 26 | €10,104 | €10,104 | = | 0.0% |
| Financial fixed assets | 28 | €4,250 | €4,250 | = | 0.0% |
| Current assets | 29/58 | €2,169,872 | €2,050,013 | -€119,858 | -5.5% |
| Stocks and contracts in progress | 3 | €751,380 | €854,321 | +€102,940 | +13.7% |
| Stocks | 30/36 | €751,380 | €854,321 | +€102,940 | +13.7% |
| Amounts receivable within one year | 40/41 | €1,019,966 | €916,600 | -€103,366 | -10.1% |
| Trade receivables | 40 | €946,905 | €909,976 | -€36,929 | -3.9% |
| Other amounts receivable | 41 | €73,061 | €6,625 | -€66,437 | -90.9% |
| Cash at bank and in hand | 54/58 | €350,793 | €214,455 | -€136,337 | -38.9% |
| Deferred charges and accrued income | 490/1 | €47,732 | €64,637 | +€16,905 | +35.4% |
| Total equity and liabilities | 10/49 | €3,647,927 | €3,704,447 | +€56,520 | +1.5% |
| Equity | 10/15 | €1,065,969 | €1,078,925 | +€12,956 | +1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,047,377 | €1,060,333 | +€12,956 | +1.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €991,127 | €1,004,083 | +€12,956 | +1.3% |
| Amounts payable | 17/49 | €2,581,957 | €2,625,521 | +€43,564 | +1.7% |
| Amounts payable after more than one year | 17 | €559,227 | €385,392 | -€173,835 | -31.1% |
| Financial debts | 170/4 | €559,227 | €385,392 | -€173,835 | -31.1% |
| Amounts payable within one year | 42/48 | €2,021,230 | €2,238,629 | +€217,398 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €331,428 | €342,988 | +€11,560 | +3.5% |
| Financial debts | 43 | €230,774 | €235,755 | +€4,981 | +2.2% |
| Credit institutions | 430/8 | €201,590 | €235,755 | +€34,164 | +16.9% |
| Other loans | 439 | €29,183 | €0 | -€29,183 | -100% |
| Trade debts | 44 | €1,179,595 | €1,342,558 | +€162,964 | +13.8% |
| Suppliers | 440/4 | €1,179,595 | €1,342,558 | +€162,964 | +13.8% |
| Taxes, remuneration and social security | 45 | €279,434 | €317,328 | +€37,894 | +13.6% |
| Taxes | 450/3 | €43,721 | €65,517 | +€21,796 | +49.9% |
| Remuneration and social security | 454/9 | €235,714 | €251,811 | +€16,098 | +6.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Non-recurring operating income | 76A | €1,029 | €20,411 | +€19,383 | +1,884% |
| Remuneration, social security and pensions | 62 | €1,732,694 | €1,950,923 | +€218,229 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389,868 | €522,387 | +€132,519 | +34.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €893 | €411 | -€482 | -54.0% |
| Other operating charges | 640/8 | €52,629 | €24,160 | -€28,469 | -54.1% |
| Gross operating margin | 9900 | €2,575,625 | €3,021,388 | +€445,763 | +17.3% |
| Operating profit (loss) | 9901 | €399,541 | €523,506 | +€123,966 | +31.0% |
| Financial income | 75/76B | €6,453 | €2,771 | -€3,682 | -57.1% |
| Recurring financial income | 75 | €6,453 | €2,771 | -€3,682 | -57.1% |
| Financial charges | 65/66B | €372,459 | €508,442 | +€135,983 | +36.5% |
| Recurring financial charges | 65 | €372,459 | €508,442 | +€135,983 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €33,535 | €17,835 | -€15,699 | -46.8% |
| Income taxes | 67/77 | €4,646 | €4,879 | +€234 | +5.0% |
| Profit (loss) for the period | 9904 | €28,889 | €12,956 | -€15,933 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,889 | €12,956 | -€15,933 | -55.2% |
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 14 October 2026 via checked.be.