Hedonis Ambachtsbier: 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.
Hedonis Ambachtsbier
Largest movements
- Cash -€67,557
down €67,557 (-66.4%), from €101,673 to €34,116
mainly Debts after one year (-€68,546) and Stocks and contracts (-€51,922)
- Stocks and contracts +€51,922
up €51,922 (+35.3%), from €147,078 to €199,000
- Tangible fixed assets -€15,387
down €15,387 (-8.8%), from €175,411 to €160,024
of which Plant, machinery and equipment: -€31,041
- Receivables within one year -€14,927
down €14,927 (-10.0%), from €149,047 to €134,120
of which Trade receivables: -€30,391
- Debts after one year -€68,546
down €68,546 (-20.1%), from €341,520 to €272,974
- Profit (loss) carried forward +€6,716
up €6,716 (+4.7%), from -€143,444 to -€136,728
- Gross operating margin +€42,777
up €42,777 (+61.2%), from €69,906 to €112,683
- Staff costs +€13,303
up €13,303 (+31.4%), from €42,424 to €55,728
- Financial charges +€6,345
up €6,345 (+1,083%), from €586 to €6,931
- Depreciation +€2,949
up €2,949 (+7.4%), from €39,810 to €42,759
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 | €598,611 | €546,731 | -€51,879 | -8.7% |
| Fixed assets | 21/28 | €194,125 | €173,675 | -€20,450 | -10.5% |
| Intangible fixed assets | 21 | €17,714 | €12,151 | -€5,563 | -31.4% |
| Tangible fixed assets | 22/27 | €175,411 | €160,024 | -€15,387 | -8.8% |
| Plant, machinery and equipment | 23 | €153,878 | €122,836 | -€31,041 | -20.2% |
| Furniture and vehicles | 24 | - | €17,889 | +€17,889 | |
| Other tangible fixed assets | 26 | €21,533 | €19,299 | -€2,235 | -10.4% |
| Financial fixed assets | 28 | €1,000 | €1,500 | +€500 | +50.0% |
| Current assets | 29/58 | €404,485 | €373,056 | -€31,429 | -7.8% |
| Stocks and contracts in progress | 3 | €147,078 | €199,000 | +€51,922 | +35.3% |
| Stocks | 30/36 | €147,078 | €199,000 | +€51,922 | +35.3% |
| Amounts receivable within one year | 40/41 | €149,047 | €134,120 | -€14,927 | -10.0% |
| Trade receivables | 40 | €111,750 | €81,360 | -€30,391 | -27.2% |
| Other amounts receivable | 41 | €37,296 | €52,760 | +€15,464 | +41.5% |
| Cash at bank and in hand | 54/58 | €101,673 | €34,116 | -€67,557 | -66.4% |
| Deferred charges and accrued income | 490/1 | €6,687 | €5,820 | -€868 | -13.0% |
| Total equity and liabilities | 10/49 | €598,611 | €546,731 | -€51,879 | -8.7% |
| Equity | 10/15 | €89,856 | €96,572 | +€6,716 | +7.5% |
| Contributions | 10/11 | €233,300 | €233,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,444 | -€136,728 | +€6,716 | +4.7% |
| Amounts payable | 17/49 | €508,754 | €450,159 | -€58,596 | -11.5% |
| Amounts payable after more than one year | 17 | €341,520 | €272,974 | -€68,546 | -20.1% |
| Financial debts | 170/4 | €341,520 | €272,974 | -€68,546 | -20.1% |
| Amounts payable within one year | 42/48 | €166,419 | €177,185 | +€10,766 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €153,228 | €158,923 | +€5,695 | +3.7% |
| Suppliers | 440/4 | €153,228 | €158,923 | +€5,695 | +3.7% |
| Taxes, remuneration and social security | 45 | €9,587 | €14,499 | +€4,912 | +51.2% |
| Taxes | 450/3 | €2,611 | €7,270 | +€4,660 | +178% |
| Remuneration and social security | 454/9 | €6,976 | €7,228 | +€253 | +3.6% |
| Other amounts payable | 47/48 | €3,604 | €3,763 | +€159 | +4.4% |
| Accrued charges and deferred income | 492/3 | €815 | €0 | -€815 | -100% |
| Non-recurring operating income | 76A | €434 | €3,200 | +€2,766 | +637% |
| Remuneration, social security and pensions | 62 | €42,424 | €55,728 | +€13,303 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,810 | €42,759 | +€2,949 | +7.4% |
| Other operating charges | 640/8 | €562 | €927 | +€365 | +65.0% |
| Gross operating margin | 9900 | €69,906 | €112,683 | +€42,777 | +61.2% |
| Operating profit (loss) | 9901 | -€12,889 | €13,270 | +€26,159 | |
| Financial income | 75/76B | €113 | €377 | +€264 | +233% |
| Recurring financial income | 75 | €113 | €377 | +€264 | +233% |
| Financial charges | 65/66B | €586 | €6,931 | +€6,345 | +1,083% |
| Recurring financial charges | 65 | €586 | €6,931 | +€6,345 | +1,083% |
| Profit (loss) for the period before taxes | 9903 | -€13,362 | €6,716 | +€20,078 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,362 | €6,716 | +€20,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,362 | €6,716 | +€20,078 |
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 25 October 2026 via checked.be.