DRINKS52: 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.
DRINKS52
Largest movements
- Cash -€53,954
down €53,954 (-92.3%), from €58,458 to €4,505
mainly Tax, wage and social debts (-€45,318) and Current portion of long-term debt (-€41,456)
- Receivables within one year -€52,011
down €52,011 (-20.3%), from €256,194 to €204,183
of which Trade receivables: -€80,325
- Tangible fixed assets -€5,547
down €5,547 (-36.1%), from €15,370 to €9,824
of which Furniture and vehicles: -€4,630
- Tax, wage and social debts -€45,318
down €45,318 (-48.8%), from €92,774 to €47,456
of which Remuneration and social security: -€29,202
- Current portion of long-term debt -€41,456
down €41,456 (-55.5%), from €74,747 to €33,290
- Debts after one year -€33,290
down €33,290 (-61.7%), from €53,936 to €20,645
- Trade debts -€22,395
down €22,395 (-60.4%), from €37,050 to €14,655
- Other debts +€20,309
new in 2025: €20,309
- Gross operating margin -€120,667
down €120,667 (-61.2%), from €197,072 to €76,405
- Staff costs -€13,158
down €13,158 (-22.3%), from €58,946 to €45,788
- Financial charges -€9,857
down €9,857 (-67.8%), from €14,542 to €4,684
of which Financial charges: -€10,761
- Other operating charges -€8,065
down €8,065 (-64.5%), from €12,513 to €4,448
- Write-downs -€3,599
down €3,599 (-100%), from €3,599 to €0
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 | €333,706 | €220,320 | -€113,386 | -34.0% |
| Fixed assets | 21/28 | €18,675 | €11,029 | -€7,647 | -40.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €15,370 | €9,824 | -€5,547 | -36.1% |
| Plant, machinery and equipment | 23 | €1,740 | €824 | -€917 | -52.7% |
| Furniture and vehicles | 24 | €13,630 | €9,000 | -€4,630 | -34.0% |
| Financial fixed assets | 28 | €3,305 | €1,205 | -€2,100 | -63.5% |
| Current assets | 29/58 | €315,031 | €209,292 | -€105,739 | -33.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €256,194 | €204,183 | -€52,011 | -20.3% |
| Trade receivables | 40 | €84,008 | €3,683 | -€80,325 | -95.6% |
| Other amounts receivable | 41 | €172,186 | €200,500 | +€28,314 | +16.4% |
| Cash at bank and in hand | 54/58 | €58,458 | €4,505 | -€53,954 | -92.3% |
| Deferred charges and accrued income | 490/1 | €379 | €604 | +€225 | +59.5% |
| Total equity and liabilities | 10/49 | €333,706 | €220,320 | -€113,386 | -34.0% |
| Equity | 10/15 | €73,668 | €80,927 | +€7,259 | +9.9% |
| Contributions | 10/11 | €95,100 | €95,100 | = | 0.0% |
| Reserves | 13 | €4,518 | €4,518 | = | 0.0% |
| Distributable reserves | 133 | €4,518 | €4,518 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,950 | -€18,691 | +€7,259 | +28.0% |
| Amounts payable | 17/49 | €260,038 | €139,393 | -€120,645 | -46.4% |
| Amounts payable after more than one year | 17 | €53,936 | €20,645 | -€33,290 | -61.7% |
| Financial debts | 170/4 | €53,936 | €20,645 | -€33,290 | -61.7% |
| Amounts payable within one year | 42/48 | €204,571 | €115,711 | -€88,860 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €74,747 | €33,290 | -€41,456 | -55.5% |
| Trade debts | 44 | €37,050 | €14,655 | -€22,395 | -60.4% |
| Suppliers | 440/4 | €37,050 | €14,655 | -€22,395 | -60.4% |
| Taxes, remuneration and social security | 45 | €92,774 | €47,456 | -€45,318 | -48.8% |
| Taxes | 450/3 | €51,140 | €35,024 | -€16,116 | -31.5% |
| Remuneration and social security | 454/9 | €41,633 | €12,431 | -€29,202 | -70.1% |
| Other amounts payable | 47/48 | - | €20,309 | +€20,309 | |
| Accrued charges and deferred income | 492/3 | €1,532 | €3,037 | +€1,506 | +98.3% |
| Non-recurring operating income | 76A | €144,087 | €0 | -€144,087 | -100% |
| Remuneration, social security and pensions | 62 | €58,946 | €45,788 | -€13,158 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,273 | €5,547 | +€274 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,599 | €0 | -€3,599 | -100% |
| Other operating charges | 640/8 | €12,513 | €4,448 | -€8,065 | -64.5% |
| Gross operating margin | 9900 | €197,072 | €76,405 | -€120,667 | -61.2% |
| Operating profit (loss) | 9901 | €116,740 | €20,623 | -€96,117 | -82.3% |
| Financial income | 75/76B | €379 | €604 | +€225 | +59.5% |
| Recurring financial income | 75 | €379 | €604 | +€225 | +59.5% |
| Financial charges | 65/66B | €14,542 | €4,684 | -€9,857 | -67.8% |
| Recurring financial charges | 65 | €14,542 | €3,781 | -€10,761 | -74.0% |
| Non-recurring financial charges | 66B | - | €904 | +€904 | |
| Profit (loss) for the period before taxes | 9903 | €102,578 | €16,543 | -€86,035 | -83.9% |
| Income taxes | 67/77 | €8,159 | €9,284 | +€1,125 | +13.8% |
| Profit (loss) for the period | 9904 | €94,419 | €7,259 | -€87,160 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €94,419 | €7,259 | -€87,160 | -92.3% |
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.