EIFEL CRAFT BEER: what changed
EIFEL CRAFT BEER
Largest movements
- Tangible fixed assets +€344,810
up €344,810 (+185%), from €186,570 to €531,380
of which Land and buildings: +€351,010
- Receivables within one year +€23,132
up €23,132 (+2,075%), from €1,115 to €24,247
of which Trade receivables: +€24,247
- Revaluation surpluses +€378,333
new in 2025: €378,333
- Debts after one year +€59,210
up €59,210 (+18.7%), from €315,964 to €375,174
of which Other amounts payable: +€69,800
- Profit (loss) carried forward -€56,906
down €56,906 (-9.6%), from -€590,604 to -€647,510
- Current portion of long-term debt -€15,120
down €15,120 (-58.8%), from €25,710 to €10,590
- Depreciation +€17,663
up €17,663 (+111%), from €15,933 to €33,595
- Financial charges -€4,564
down €4,564 (-42.3%), from €10,786 to €6,223
- Gross operating margin +€4,471
up €4,471 (+28.8%), from -€15,503 to -€11,033
- Financial income -€356
down €356 (-100%), from €356 to €0
- Other operating charges -€207
down €207 (-3.3%), from €6,263 to €6,056
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,611 | €559,869 | +€367,258 | +191% |
| Fixed assets | 21/28 | €186,750 | €531,488 | +€344,738 | +185% |
| Intangible fixed assets | 21 | €180 | €108 | -€72 | -40.0% |
| Tangible fixed assets | 22/27 | €186,570 | €531,380 | +€344,810 | +185% |
| Land and buildings | 22 | €180,370 | €531,380 | +€351,010 | +195% |
| Leasing and similar rights | 25 | €6,200 | €0 | -€6,200 | -100% |
| Current assets | 29/58 | €5,861 | €28,381 | +€22,521 | +384% |
| Amounts receivable within one year | 40/41 | €1,115 | €24,247 | +€23,132 | +2,075% |
| Trade receivables | 40 | - | €24,247 | +€24,247 | |
| Other amounts receivable | 41 | €1,115 | €0 | -€1,115 | -100% |
| Cash at bank and in hand | 54/58 | €890 | €478 | -€412 | -46.3% |
| Deferred charges and accrued income | 490/1 | €3,856 | €3,657 | -€199 | -5.2% |
| Total equity and liabilities | 10/49 | €192,611 | €559,869 | +€367,258 | +191% |
| Equity | 10/15 | -€215,604 | €105,823 | +€321,427 | |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €378,333 | +€378,333 | |
| Profit (loss) carried forward | 14 | -€590,604 | -€647,510 | -€56,906 | -9.6% |
| Amounts payable | 17/49 | €408,215 | €454,046 | +€45,832 | +11.2% |
| Amounts payable after more than one year | 17 | €315,964 | €375,174 | +€59,210 | +18.7% |
| Financial debts | 170/4 | €113,383 | €102,794 | -€10,590 | -9.3% |
| Other amounts payable | 178/9 | €202,581 | €272,381 | +€69,800 | +34.5% |
| Amounts payable within one year | 42/48 | €92,251 | €78,872 | -€13,378 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €25,710 | €10,590 | -€15,120 | -58.8% |
| Financial debts | 43 | €55,000 | €55,000 | = | 0.0% |
| Credit institutions | 430/8 | €55,000 | €55,000 | = | 0.0% |
| Trade debts | 44 | €4,041 | €5,481 | +€1,441 | +35.7% |
| Suppliers | 440/4 | €4,041 | €5,481 | +€1,441 | +35.7% |
| Taxes, remuneration and social security | 45 | - | €301 | +€301 | |
| Taxes | 450/3 | - | €301 | +€301 | |
| Other amounts payable | 47/48 | €7,500 | €7,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,933 | €33,595 | +€17,663 | +111% |
| Other operating charges | 640/8 | €6,263 | €6,056 | -€207 | -3.3% |
| Gross operating margin | 9900 | -€15,503 | -€11,033 | +€4,471 | +28.8% |
| Operating profit (loss) | 9901 | -€37,700 | -€50,684 | -€12,984 | -34.4% |
| Financial income | 75/76B | €356 | €0 | -€356 | -100% |
| Recurring financial income | 75 | €356 | €0 | -€356 | -100% |
| Financial charges | 65/66B | €10,786 | €6,223 | -€4,564 | -42.3% |
| Recurring financial charges | 65 | €10,786 | €6,223 | -€4,564 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | -€48,130 | -€56,906 | -€8,776 | -18.2% |
| Profit (loss) for the period | 9904 | -€48,130 | -€56,906 | -€8,776 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,130 | -€56,906 | -€8,776 | -18.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.