FRANCOIS DRINKS: 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.
FRANCOIS DRINKS
Largest movements
- Cash +€66,953
up €66,953 (+36.7%), from €182,671 to €249,624
mainly Net result for the year (+€85,697) and Depreciation (+€66,192)
- Tangible fixed assets -€66,192
down €66,192 (-13.5%), from €489,188 to €422,996
of which Land and buildings: -€45,043
- Stocks and contracts -€13,350
down €13,350 (-6.1%), from €218,510 to €205,159
- Reserves +€85,697
up €85,697 (+21.5%), from €397,807 to €483,503
of which Distributable reserves: +€81,007
- Debts after one year -€64,378
down €64,378 (-45.2%), from €142,313 to €77,934
- Trade debts -€29,022
down €29,022 (-50.0%), from €58,021 to €28,999
of which Bills of exchange payable: -€49,672
- Current portion of long-term debt -€10,558
down €10,558 (-14.1%), from €74,936 to €64,378
- Gross operating margin +€6,355
up €6,355 (+1.9%), from €332,163 to €338,517
- Taxes +€5,190
up €5,190 (+15.0%), from €34,595 to €39,785
- Write-downs -€5,101
no longer reported in 2025 (was €5,101)
- Depreciation +€4,441
up €4,441 (+7.2%), from €61,751 to €66,192
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 | €1,023,071 | €1,007,959 | -€15,112 | -1.5% |
| Fixed assets | 21/28 | €490,428 | €424,237 | -€66,192 | -13.5% |
| Tangible fixed assets | 22/27 | €489,188 | €422,996 | -€66,192 | -13.5% |
| Land and buildings | 22 | €422,398 | €377,355 | -€45,043 | -10.7% |
| Plant, machinery and equipment | 23 | €24,316 | €16,424 | -€7,892 | -32.5% |
| Furniture and vehicles | 24 | €38,604 | €29,216 | -€9,388 | -24.3% |
| Leasing and similar rights | 25 | €3,869 | - | -€3,869 | |
| Financial fixed assets | 28 | €1,241 | €1,241 | = | 0.0% |
| Current assets | 29/58 | €532,642 | €583,723 | +€51,080 | +9.6% |
| Stocks and contracts in progress | 3 | €218,510 | €205,159 | -€13,350 | -6.1% |
| Stocks | 30/36 | €218,510 | €205,159 | -€13,350 | -6.1% |
| Amounts receivable within one year | 40/41 | €127,800 | €124,021 | -€3,778 | -3.0% |
| Trade receivables | 40 | €127,084 | €123,680 | -€3,405 | -2.7% |
| Other amounts receivable | 41 | €715 | €342 | -€373 | -52.2% |
| Cash at bank and in hand | 54/58 | €182,671 | €249,624 | +€66,953 | +36.7% |
| Deferred charges and accrued income | 490/1 | €3,662 | €4,918 | +€1,256 | +34.3% |
| Total equity and liabilities | 10/49 | €1,023,071 | €1,007,959 | -€15,112 | -1.5% |
| Equity | 10/15 | €703,475 | €789,171 | +€85,697 | +12.2% |
| Contributions | 10/11 | €305,668 | €305,668 | = | 0.0% |
| Capital | 10 | €305,668 | €305,668 | = | 0.0% |
| Issued capital | 100 | €305,668 | €305,668 | = | 0.0% |
| Reserves | 13 | €397,807 | €483,503 | +€85,697 | +21.5% |
| Non-distributable reserves | 130/1 | €15,652 | €20,342 | +€4,690 | +30.0% |
| Legal reserve | 130 | €15,652 | €20,342 | +€4,690 | +30.0% |
| Distributable reserves | 133 | €382,155 | €463,162 | +€81,007 | +21.2% |
| Amounts payable | 17/49 | €319,596 | €218,788 | -€100,808 | -31.5% |
| Amounts payable after more than one year | 17 | €142,313 | €77,934 | -€64,378 | -45.2% |
| Financial debts | 170/4 | €142,313 | €77,934 | -€64,378 | -45.2% |
| Amounts payable within one year | 42/48 | €177,283 | €140,720 | -€36,563 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €74,936 | €64,378 | -€10,558 | -14.1% |
| Trade debts | 44 | €58,021 | €28,999 | -€29,022 | -50.0% |
| Suppliers | 440/4 | €8,349 | €28,999 | +€20,650 | +247% |
| Bills of exchange payable | 441 | €49,672 | - | -€49,672 | |
| Taxes, remuneration and social security | 45 | €41,798 | €45,339 | +€3,541 | +8.5% |
| Taxes | 450/3 | €19,631 | €22,417 | +€2,786 | +14.2% |
| Remuneration and social security | 454/9 | €22,168 | €22,922 | +€755 | +3.4% |
| Other amounts payable | 47/48 | €2,528 | €2,004 | -€524 | -20.7% |
| Accrued charges and deferred income | 492/3 | - | €133 | +€133 | |
| Remuneration, social security and pensions | 62 | €129,284 | €130,534 | +€1,250 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,751 | €66,192 | +€4,441 | +7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,101 | - | -€5,101 | |
| Other operating charges | 640/8 | €11,390 | €8,910 | -€2,480 | -21.8% |
| Gross operating margin | 9900 | €332,163 | €338,517 | +€6,355 | +1.9% |
| Operating profit (loss) | 9901 | €124,636 | €132,881 | +€8,244 | +6.6% |
| Financial income | 75/76B | €209 | €408 | +€199 | +95.5% |
| Recurring financial income | 75 | €209 | €408 | +€199 | +95.5% |
| Financial charges | 65/66B | €9,913 | €7,807 | -€2,106 | -21.2% |
| Recurring financial charges | 65 | €9,913 | €7,807 | -€2,106 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €114,932 | €125,482 | +€10,550 | +9.2% |
| Income taxes | 67/77 | €34,595 | €39,785 | +€5,190 | +15.0% |
| Profit (loss) for the period | 9904 | €80,337 | €85,697 | +€5,359 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,337 | €85,697 | +€5,359 | +6.7% |
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 13 October 2026 via checked.be.