HAVANA BREWERIES: 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.
HAVANA BREWERIES
Largest movements
- Receivables within one year +€41,113
up €41,113 (+420%), from €9,800 to €50,913
of which Trade receivables: +€44,513
- Deferred charges and accrued income -€16,000
no longer reported in 2025 (was €16,000)
- Tangible fixed assets -€13,848
down €13,848 (-60.6%), from €22,843 to €8,995
- Cash -€3,598
down €3,598 (-43.1%), from €8,344 to €4,746
mainly Receivables within one year (-€41,113) and Net result for the year (-€5,302)
- Other debts +€7,996
up €7,996 (+3,507%), from €228 to €8,224
- Profit (loss) carried forward -€5,302
down €5,302 (-53.9%), from €9,840 to €4,539
- Trade debts +€4,973
up €4,973 (+10.0%), from €49,482 to €54,455
- Depreciation +€3,615
up €3,615 (+35.3%), from €10,233 to €13,848
- Gross operating margin +€3,548
up €3,548 (+22.3%), from €15,921 to €19,469
- Purchases and services -€3,352
down €3,352 (-2.1%), from €157,459 to €154,108
- Taxes +€3,139
up €3,139 (+83.3%), from €3,770 to €6,910
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 | €59,550 | €67,217 | +€7,667 | +12.9% |
| Fixed assets | 21/28 | €22,843 | €8,995 | -€13,848 | -60.6% |
| Tangible fixed assets | 22/27 | €22,843 | €8,995 | -€13,848 | -60.6% |
| Furniture and vehicles | 24 | €22,843 | €8,995 | -€13,848 | -60.6% |
| Current assets | 29/58 | €36,707 | €58,222 | +€21,515 | +58.6% |
| Stocks and contracts in progress | 3 | €2,564 | €2,564 | = | 0.0% |
| Stocks | 30/36 | €2,564 | €2,564 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,800 | €50,913 | +€41,113 | +420% |
| Trade receivables | 40 | - | €44,513 | +€44,513 | |
| Other amounts receivable | 41 | €9,800 | €6,400 | -€3,401 | -34.7% |
| Cash at bank and in hand | 54/58 | €8,344 | €4,746 | -€3,598 | -43.1% |
| Deferred charges and accrued income | 490/1 | €16,000 | - | -€16,000 | |
| Total equity and liabilities | 10/49 | €59,550 | €67,217 | +€7,667 | +12.9% |
| Equity | 10/15 | €9,840 | €4,539 | -€5,302 | -53.9% |
| Profit (loss) carried forward | 14 | €9,840 | €4,539 | -€5,302 | -53.9% |
| Amounts payable | 17/49 | €49,710 | €62,679 | +€12,968 | +26.1% |
| Amounts payable within one year | 42/48 | €49,710 | €62,679 | +€12,968 | +26.1% |
| Trade debts | 44 | €49,482 | €54,455 | +€4,973 | +10.0% |
| Suppliers | 440/4 | €49,482 | €54,455 | +€4,973 | +10.0% |
| Other amounts payable | 47/48 | €228 | €8,224 | +€7,996 | +3,507% |
| Turnover | 70 | €173,380 | €173,576 | +€196 | +0.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €157,459 | €154,108 | -€3,352 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,233 | €13,848 | +€3,615 | +35.3% |
| Other operating charges | 640/8 | €2,233 | €2,223 | -€10 | -0.4% |
| Gross operating margin | 9900 | €15,921 | €19,469 | +€3,548 | +22.3% |
| Operating profit (loss) | 9901 | €3,455 | €3,398 | -€57 | -1.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,012 | €1,791 | -€221 | -11.0% |
| Recurring financial charges | 65 | €2,012 | €1,791 | -€221 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €1,443 | €1,608 | +€165 | +11.4% |
| Income taxes | 67/77 | €3,770 | €6,910 | +€3,139 | +83.3% |
| Profit (loss) for the period | 9904 | -€2,327 | -€5,302 | -€2,975 | -128% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,327 | -€5,302 | -€2,975 | -128% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.