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GREENBREW: 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.

What changed

GREENBREW

BE 0840.488.964
NACE 11.050, Manufacture of beer
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,184
2024 · -€6,232+€5,048
Equity
-€37,344
2024 · -€36,160-€1,184
Cash
€3,702
2024 · €1,425+€2,277
Balance sheet total
€253,579
2024 · €258,763-€5,184

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€4,781

    down €4,781 (-2.2%), from €221,207 to €216,426

    of which Plant, machinery and equipment: -€4,568

Equity and liabilities
  • Other debts -€4,000

    down €4,000 (-23.8%), from €16,834 to €12,834

Income statement
  • Depreciation -€2,832

    down €2,832 (-32.8%), from €8,637 to €5,805

  • Gross operating margin +€2,194

    up €2,194 (+75.3%), from €2,915 to €5,109

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€6,232
Gross operating margin +€2,194
Depreciation +€2,832
Other operating charges +€14
Financial charges +€8
Result 2025 -€1,184

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,277
Investment €0
Financing €0
Cash 2024 €1,425
Net result for the year -€1,184
Depreciation +€5,805
Receivables within one year +€1,657
Other debts -€4,000
Cash 2025 €3,702
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €258,763 €253,579 -€5,184 -2.0%
Fixed assets 21/28 €242,855 €237,051 -€5,805 -2.4%
Intangible fixed assets 21 €1,023 - -€1,023
Tangible fixed assets 22/27 €221,207 €216,426 -€4,781 -2.2%
Land and buildings 22 €198,638 €198,426 -€213 -0.1%
Plant, machinery and equipment 23 €4,568 €0 -€4,568 -100.0%
Assets under construction and advance payments 27 €18,000 €18,000 = 0.0%
Financial fixed assets 28 €20,625 €20,625 = 0.0%
Current assets 29/58 €15,907 €16,528 +€620 +3.9%
Stocks and contracts in progress 3 €3,678 €3,678 = 0.0%
Stocks 30/36 €3,678 €3,678 = 0.0%
Amounts receivable within one year 40/41 €10,804 €9,147 -€1,657 -15.3%
Trade receivables 40 €5,573 €4,970 -€603 -10.8%
Other amounts receivable 41 €5,231 €4,177 -€1,054 -20.1%
Cash at bank and in hand 54/58 €1,425 €3,702 +€2,277 +159.8%
Total equity and liabilities 10/49 €258,763 €253,579 -€5,184 -2.0%
Equity 10/15 -€36,160 -€37,344 -€1,184 -3.3%
Contributions 10/11 €200,000 €200,000 = 0.0%
Profit (loss) carried forward 14 -€236,160 -€237,344 -€1,184 -0.5%
Amounts payable 17/49 €294,923 €290,923 -€4,000 -1.4%
Amounts payable after more than one year 17 €278,080 €278,080 = 0.0%
Financial debts 170/4 €239,080 €239,080 = 0.0%
Other amounts payable 178/9 €39,000 €39,000 = 0.0%
Amounts payable within one year 42/48 €16,843 €12,843 -€4,000 -23.7%
Taxes, remuneration and social security 45 €8 €8 = 0.0%
Taxes 450/3 €8 €8 = 0.0%
Other amounts payable 47/48 €16,834 €12,834 -€4,000 -23.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,637 €5,805 -€2,832 -32.8%
Other operating charges 640/8 €457 €443 -€14 -3.1%
Gross operating margin 9900 €2,915 €5,109 +€2,194 +75.3%
Operating profit (loss) 9901 -€6,178 -€1,138 +€5,040 +81.6%
Financial charges 65/66B €54 €46 -€8 -15.0%
Recurring financial charges 65 €54 €46 -€8 -15.0%
Profit (loss) for the period before taxes 9903 -€6,232 -€1,184 +€5,048 +81.0%
Profit (loss) for the period 9904 -€6,232 -€1,184 +€5,048 +81.0%
Profit (loss) for the period to be appropriated 9905 -€6,232 -€1,184 +€5,048 +81.0%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.