FRESHDRINKS: what changed
Two fiscal 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.
FRESHDRINKS
Largest movements
- Cash +€66,052
up €66,052 (+93.9%), from €70,322 to €136,373
mainly Net result for the year (+€57,709) and Depreciation (+€21,612)
- Tangible fixed assets -€16,219
down €16,219 (-22.0%), from €73,817 to €57,597
of which Furniture and vehicles: -€12,080
- Receivables within one year -€13,716
down €13,716 (-15.6%), from €87,866 to €74,150
of which Other amounts receivable: -€7,535
- Reserves +€57,709
up €57,709 (+32.5%), from €177,803 to €235,512
- Debts after one year -€23,063
down €23,063 (-65.2%), from €35,373 to €12,309
- Short-term financial debts +€15,109
new in 2025: €15,109
- Trade debts -€7,073
down €7,073 (-90.4%), from €7,821 to €747
- Current portion of long-term debt -€4,760
down €4,760 (-17.1%), from €27,823 to €23,063
- Gross operating margin -€22,799
down €22,799 (-18.1%), from €125,723 to €102,924
- Depreciation +€1,971
up €1,971 (+10.0%), from €19,640 to €21,612
- Taxes +€1,579
up €1,579 (+7.8%), from €20,354 to €21,934
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.
Cash bridge derived
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 | €278,333 | €312,143 | +€33,810 | +12.1% |
| Fixed assets | 21/28 | €73,817 | €57,597 | -€16,219 | -22.0% |
| Tangible fixed assets | 22/27 | €73,817 | €57,597 | -€16,219 | -22.0% |
| Land and buildings | 22 | €3,743 | €3,364 | -€379 | -10.1% |
| Plant, machinery and equipment | 23 | - | €3,369 | +€3,369 | |
| Furniture and vehicles | 24 | €40,471 | €28,391 | -€12,080 | -29.8% |
| Leasing and similar rights | 25 | €29,603 | €22,475 | -€7,128 | -24.1% |
| Current assets | 29/58 | €204,517 | €254,546 | +€50,029 | +24.5% |
| Amounts receivable within one year | 40/41 | €87,866 | €74,150 | -€13,716 | -15.6% |
| Trade receivables | 40 | €42,244 | €36,063 | -€6,181 | -14.6% |
| Other amounts receivable | 41 | €45,622 | €38,086 | -€7,535 | -16.5% |
| Cash at bank and in hand | 54/58 | €70,322 | €136,373 | +€66,052 | +93.9% |
| Deferred charges and accrued income | 490/1 | €46,329 | €44,023 | -€2,307 | -5.0% |
| Total equity and liabilities | 10/49 | €278,333 | €312,143 | +€33,810 | +12.1% |
| Equity | 10/15 | €190,203 | €247,912 | +€57,709 | +30.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €177,803 | €235,512 | +€57,709 | +32.5% |
| Distributable reserves | 133 | €177,803 | €235,512 | +€57,709 | +32.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €88,131 | €64,231 | -€23,899 | -27.1% |
| Amounts payable after more than one year | 17 | €35,373 | €12,309 | -€23,063 | -65.2% |
| Financial debts | 170/4 | €35,373 | €12,309 | -€23,063 | -65.2% |
| Amounts payable within one year | 42/48 | €52,758 | €51,922 | -€836 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €27,823 | €23,063 | -€4,760 | -17.1% |
| Financial debts | 43 | - | €15,109 | +€15,109 | |
| Credit institutions | 430/8 | - | €15,109 | +€15,109 | |
| Trade debts | 44 | €7,821 | €747 | -€7,073 | -90.4% |
| Suppliers | 440/4 | €7,821 | €747 | -€7,073 | -90.4% |
| Taxes, remuneration and social security | 45 | €14,614 | €13,002 | -€1,612 | -11.0% |
| Taxes | 450/3 | €11,328 | €9,691 | -€1,636 | -14.4% |
| Remuneration and social security | 454/9 | €3,286 | €3,311 | +€25 | +0.8% |
| Other amounts payable | 47/48 | €2,500 | €0 | -€2,500 | -100.0% |
| Non-recurring operating income | 76A | €4,256 | €0 | -€4,256 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,640 | €21,612 | +€1,971 | +10.0% |
| Other operating charges | 640/8 | €1,228 | €804 | -€424 | -34.5% |
| Non-recurring operating charges | 66A | €5,425 | €0 | -€5,425 | -100.0% |
| Gross operating margin | 9900 | €125,723 | €102,924 | -€22,799 | -18.1% |
| Operating profit (loss) | 9901 | €99,430 | €80,508 | -€18,922 | -19.0% |
| Financial income | 75/76B | €971 | €1,881 | +€911 | +93.8% |
| Recurring financial income | 75 | €971 | €1,881 | +€911 | +93.8% |
| Financial charges | 65/66B | €3,644 | €2,747 | -€897 | -24.6% |
| Recurring financial charges | 65 | €3,644 | €2,747 | -€897 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €96,756 | €79,643 | -€17,114 | -17.7% |
| Income taxes | 67/77 | €20,354 | €21,934 | +€1,579 | +7.8% |
| Profit (loss) for the period | 9904 | €76,402 | €57,709 | -€18,693 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,402 | €57,709 | -€18,693 | -24.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.