EUROBREW: 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.
EUROBREW
Largest movements
- Receivables within one year +€39,677
up €39,677 (+90.4%), from €43,906 to €83,583
of which Trade receivables: +€37,477
- Tangible fixed assets -€15,133
no longer reported in 2025 (was €15,133)
- Other debts +€67,389
up €67,389 (+16.8%), from €401,451 to €468,840
- Current portion of long-term debt -€30,000
down €30,000 (-62.2%), from €48,207 to €18,207
- Trade debts -€17,104
down €17,104 (-13.1%), from €130,121 to €113,017
- Gross operating margin -€26,590
down €26,590 (-53.7%), from €49,555 to €22,966
- Depreciation -€22,612
no longer reported in 2025 (was €22,612)
- Write-downs -€12,000
no longer reported in 2025 (was €12,000)
- Taxes -€1,949
down €1,949 (-31.9%), from €6,110 to €4,160
- Other operating charges +€877
up €877 (+590%), from €149 to €1,026
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 | €840,120 | €864,952 | +€24,832 | +3.0% |
| Fixed assets | 21/28 | €793,434 | €778,301 | -€15,133 | -1.9% |
| Tangible fixed assets | 22/27 | €15,133 | - | -€15,133 | |
| Leasing and similar rights | 25 | €15,133 | - | -€15,133 | |
| Financial fixed assets | 28 | €778,301 | €778,301 | = | 0.0% |
| Current assets | 29/58 | €46,686 | €86,651 | +€39,965 | +85.6% |
| Amounts receivable within one year | 40/41 | €43,906 | €83,583 | +€39,677 | +90.4% |
| Trade receivables | 40 | €38,634 | €76,111 | +€37,477 | +97.0% |
| Other amounts receivable | 41 | €5,272 | €7,472 | +€2,200 | +41.7% |
| Cash at bank and in hand | 54/58 | €466 | €374 | -€92 | -19.7% |
| Deferred charges and accrued income | 490/1 | €2,315 | €2,695 | +€380 | +16.4% |
| Total equity and liabilities | 10/49 | €840,120 | €864,952 | +€24,832 | +3.0% |
| Equity | 10/15 | €168,247 | €172,436 | +€4,189 | +2.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,747 | €144,936 | +€4,189 | +3.0% |
| Amounts payable | 17/49 | €671,873 | €692,516 | +€20,643 | +3.1% |
| Amounts payable after more than one year | 17 | €54,369 | €54,369 | = | 0.0% |
| Financial debts | 170/4 | €54,369 | €54,369 | = | 0.0% |
| Amounts payable within one year | 42/48 | €617,504 | €638,147 | +€20,643 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €48,207 | €18,207 | -€30,000 | -62.2% |
| Trade debts | 44 | €130,121 | €113,017 | -€17,104 | -13.1% |
| Suppliers | 440/4 | €130,121 | €113,017 | -€17,104 | -13.1% |
| Taxes, remuneration and social security | 45 | €37,725 | €38,084 | +€359 | +1.0% |
| Taxes | 450/3 | €37,725 | €38,084 | +€359 | +1.0% |
| Other amounts payable | 47/48 | €401,451 | €468,840 | +€67,389 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,612 | - | -€22,612 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,000 | - | -€12,000 | |
| Other operating charges | 640/8 | €149 | €1,026 | +€877 | +590% |
| Non-recurring operating charges | 66A | €11,090 | €13,315 | +€2,225 | +20.1% |
| Gross operating margin | 9900 | €49,555 | €22,966 | -€26,590 | -53.7% |
| Operating profit (loss) | 9901 | €3,705 | €8,625 | +€4,920 | +133% |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €296 | €276 | -€20 | -6.9% |
| Recurring financial charges | 65 | €296 | €276 | -€20 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €3,450 | €8,349 | +€4,900 | +142% |
| Income taxes | 67/77 | €6,110 | €4,160 | -€1,949 | -31.9% |
| Profit (loss) for the period | 9904 | -€2,660 | €4,189 | +€6,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,660 | €4,189 | +€6,849 |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.