Europa Drinks: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Europa Drinks
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+96.0%), from €1.2m to €2.4m
of which Trade receivables: +€1.1m
- Stocks and contracts +€1.1m
up €1.1m (+67.2%), from €1.7m to €2.8m
- Cash -€388,518
down €388,518 (-89.0%), from €436,543 to €48,025
mainly Receivables within one year (-€1.2m) and Stocks and contracts (-€1.1m)
- Trade debts +€1.2m
up €1.2m (+101%), from €1.2m to €2.4m
- Short-term financial debts +€500,000
new in 2025: €500,000
- Other debts -€499,500
down €499,500 (-99.9%), from €500,000 to €500
- Debts after one year +€467,393
new in 2025: €467,393
- Current portion of long-term debt +€130,611
up €130,611 (+963%), from €13,562 to €144,173
- Gross operating margin +€70,050
up €70,050 (+7.3%), from €956,793 to €1.0m
- Staff costs -€61,957
down €61,957 (-13.2%), from €467,679 to €405,722
- Write-downs +€47,090
new in 2025: €47,090
- Taxes +€23,399
up €23,399 (+23.8%), from €98,164 to €121,562
- Depreciation -€16,855
down €16,855 (-28.0%), from €60,280 to €43,425
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 | €3,425,802 | €5,334,323 | +€1.9m | +55.7% |
| Fixed assets | 21/28 | €96,731 | €142,990 | +€46,259 | +47.8% |
| Tangible fixed assets | 22/27 | €85,001 | €131,260 | +€46,259 | +54.4% |
| Plant, machinery and equipment | 23 | €31,698 | €86,355 | +€54,657 | +172% |
| Furniture and vehicles | 24 | €22,333 | €13,802 | -€8,531 | -38.2% |
| Other tangible fixed assets | 26 | €30,970 | €31,103 | +€133 | +0.4% |
| Financial fixed assets | 28 | €11,730 | €11,730 | = | 0.0% |
| Current assets | 29/58 | €3,329,071 | €5,191,332 | +€1.9m | +55.9% |
| Stocks and contracts in progress | 3 | €1,667,233 | €2,787,582 | +€1.1m | +67.2% |
| Stocks | 30/36 | €1,667,233 | €2,787,582 | +€1.1m | +67.2% |
| Amounts receivable within one year | 40/41 | €1,198,835 | €2,350,058 | +€1.2m | +96.0% |
| Trade receivables | 40 | €1,179,320 | €2,278,416 | +€1.1m | +93.2% |
| Other amounts receivable | 41 | €19,515 | €71,642 | +€52,127 | +267% |
| Cash at bank and in hand | 54/58 | €436,543 | €48,025 | -€388,518 | -89.0% |
| Deferred charges and accrued income | 490/1 | €26,460 | €5,667 | -€20,793 | -78.6% |
| Total equity and liabilities | 10/49 | €3,425,802 | €5,334,323 | +€1.9m | +55.7% |
| Equity | 10/15 | €1,613,277 | €1,672,565 | +€59,288 | +3.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,588,100 | €1,588,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €1,550,600 | €1,550,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177 | €59,465 | +€59,288 | +33,437% |
| Amounts payable | 17/49 | €1,812,525 | €3,661,757 | +€1.8m | +102% |
| Amounts payable after more than one year | 17 | - | €467,393 | +€467,393 | |
| Financial debts | 170/4 | - | €467,393 | +€467,393 | |
| Amounts payable within one year | 42/48 | €1,810,536 | €3,194,364 | +€1.4m | +76.4% |
| Current portion of amounts payable after more than one year | 42 | €13,562 | €144,173 | +€130,611 | +963% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €1,198,526 | €2,412,484 | +€1.2m | +101% |
| Suppliers | 440/4 | €1,198,526 | €2,412,484 | +€1.2m | +101% |
| Taxes, remuneration and social security | 45 | €98,449 | €137,207 | +€38,758 | +39.4% |
| Taxes | 450/3 | €33,491 | €94,842 | +€61,351 | +183% |
| Remuneration and social security | 454/9 | €64,958 | €42,365 | -€22,592 | -34.8% |
| Other amounts payable | 47/48 | €500,000 | €500 | -€499,500 | -99.9% |
| Accrued charges and deferred income | 492/3 | €1,989 | - | -€1,989 | |
| Remuneration, social security and pensions | 62 | €467,679 | €405,722 | -€61,957 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,280 | €43,425 | -€16,855 | -28.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €47,090 | +€47,090 | |
| Other operating charges | 640/8 | €33,813 | €26,522 | -€7,291 | -21.6% |
| Gross operating margin | 9900 | €956,793 | €1,026,843 | +€70,050 | +7.3% |
| Operating profit (loss) | 9901 | €395,020 | €504,084 | +€109,064 | +27.6% |
| Financial income | 75/76B | €999 | €625 | -€374 | -37.5% |
| Recurring financial income | 75 | €999 | €625 | -€374 | -37.5% |
| Financial charges | 65/66B | €7,784 | €23,859 | +€16,075 | +207% |
| Recurring financial charges | 65 | €7,784 | €23,859 | +€16,075 | +207% |
| Profit (loss) for the period before taxes | 9903 | €388,235 | €480,850 | +€92,615 | +23.9% |
| Income taxes | 67/77 | €98,164 | €121,562 | +€23,399 | +23.8% |
| Profit (loss) for the period | 9904 | €290,072 | €359,288 | +€69,216 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €290,072 | €359,288 | +€69,216 | +23.9% |
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 1 November 2026 via checked.be.