DRINKSYSTEM FLANDERS: 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.
DRINKSYSTEM FLANDERS
Largest movements
- Cash -€403,447
down €403,447 (-89.9%), from €448,949 to €45,502
mainly Debts after one year (-€625,168) and Investment in fixed assets (net) (-€323,846)
- Tangible fixed assets -€281,770
down €281,770 (-21.5%), from €1.3m to €1.0m
of which Land and buildings: -€298,252
- Debts after one year -€625,168
down €625,168 (-62.3%), from €1.0m to €378,856
- Provisions -€150,498
no longer reported in 2024 (was €150,498)
- Other debts +€128,571
up €128,571 (+74.6%), from €172,371 to €300,942
- Profit (loss) carried forward -€33,744
down €33,744 (-43.8%), from €77,011 to €43,268
- Accrued charges and deferred income +€19,217
up €19,217 (+321.5%), from €5,977 to €25,193
- Depreciation +€520,710
up €520,710 (+613.3%), from €84,906 to €605,617
- Gross operating margin +€262,793
up €262,793 (+148.6%), from €176,828 to €439,621
- Financial income +€149,459
up €149,459 (+12957.2%), from €1,153 to €150,612
of which Non-recurring financial income: +€150,498
- Staff costs -€29,540
down €29,540 (-87.1%), from €33,920 to €4,379
- Other operating charges -€11,905
down €11,905 (-81.5%), from €14,614 to €2,709
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,772,507 | €1,091,030 | -€681,477 | -38.4% |
| Fixed assets | 21/28 | €1,317,058 | €1,035,288 | -€281,770 | -21.4% |
| Tangible fixed assets | 22/27 | €1,313,058 | €1,031,288 | -€281,770 | -21.5% |
| Land and buildings | 22 | €1,158,726 | €860,474 | -€298,252 | -25.7% |
| Plant, machinery and equipment | 23 | €77,583 | €80,299 | +€2,716 | +3.5% |
| Furniture and vehicles | 24 | €76,749 | €90,516 | +€13,766 | +17.9% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €455,449 | €55,742 | -€399,707 | -87.8% |
| Stocks and contracts in progress | 3 | €6,500 | €9,000 | +€2,500 | +38.5% |
| Stocks | 30/36 | €6,500 | €9,000 | +€2,500 | +38.5% |
| Amounts receivable within one year | 40/41 | - | €1,240 | +€1,240 | |
| Trade receivables | 40 | - | €1,240 | +€1,240 | |
| Cash at bank and in hand | 54/58 | €448,949 | €45,502 | -€403,447 | -89.9% |
| Total equity and liabilities | 10/49 | €1,772,507 | €1,091,030 | -€681,477 | -38.4% |
| Equity | 10/15 | €281,411 | €247,668 | -€33,744 | -12.0% |
| Contributions | 10/11 | €204,000 | €204,000 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,011 | €43,268 | -€33,744 | -43.8% |
| Provisions and deferred taxes | 16 | €150,498 | - | -€150,498 | |
| Provisions for liabilities and charges | 160/5 | €150,498 | - | -€150,498 | |
| Major repairs and maintenance | 162 | €150,000 | - | -€150,000 | |
| Other liabilities and charges | 164/5 | €498 | - | -€498 | |
| Amounts payable | 17/49 | €1,340,598 | €843,362 | -€497,236 | -37.1% |
| Amounts payable after more than one year | 17 | €1,004,024 | €378,856 | -€625,168 | -62.3% |
| Financial debts | 170/4 | €1,004,024 | €378,856 | -€625,168 | -62.3% |
| Amounts payable within one year | 42/48 | €330,598 | €439,313 | +€108,715 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €50,757 | €40,970 | -€9,786 | -19.3% |
| Trade debts | 44 | €87,005 | €77,383 | -€9,622 | -11.1% |
| Suppliers | 440/4 | €87,005 | €77,383 | -€9,622 | -11.1% |
| Taxes, remuneration and social security | 45 | €20,465 | €20,017 | -€448 | -2.2% |
| Taxes | 450/3 | €20,465 | €20,017 | -€448 | -2.2% |
| Other amounts payable | 47/48 | €172,371 | €300,942 | +€128,571 | +74.6% |
| Accrued charges and deferred income | 492/3 | €5,977 | €25,193 | +€19,217 | +321.5% |
| Remuneration, social security and pensions | 62 | €33,920 | €4,379 | -€29,540 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,906 | €605,617 | +€520,710 | +613.3% |
| Other operating charges | 640/8 | €14,614 | €2,709 | -€11,905 | -81.5% |
| Gross operating margin | 9900 | €176,828 | €439,621 | +€262,793 | +148.6% |
| Operating profit (loss) | 9901 | €43,388 | -€173,084 | -€216,472 | |
| Financial income | 75/76B | €1,153 | €150,612 | +€149,459 | +12957.2% |
| Recurring financial income | 75 | €1,153 | €115 | -€1,039 | -90.1% |
| Non-recurring financial income | 76B | - | €150,498 | +€150,498 | |
| Financial charges | 65/66B | €17,969 | €10,064 | -€7,905 | -44.0% |
| Recurring financial charges | 65 | €17,969 | €9,181 | -€8,788 | -48.9% |
| Non-recurring financial charges | 66B | - | €883 | +€883 | |
| Profit (loss) for the period before taxes | 9903 | €26,573 | -€32,535 | -€59,108 | |
| Income taxes | 67/77 | €6,241 | €1,208 | -€5,033 | -80.6% |
| Profit (loss) for the period | 9904 | €20,332 | -€33,744 | -€54,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,332 | -€33,744 | -€54,075 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.