HET BIERHUIS: 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.
What changed
HET BIERHUIS
NACE 66.300, Activities auxiliary to financial services and insurance activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,379
2024 · €426,515-€429,893
Equity
€1.5m
2024 · €1.5m-€3,379
Cash
€64,083
2024 · €499,528-€435,444
Balance sheet total
€4.8m
2024 · €5.1m-€305,380
Largest movements
Assets
- Cash -€435,444
down €435,444 (-87.2%), from €499,528 to €64,083
mainly Receivables within one year (-€317,252) and Debts after one year (-€315,725)
- Receivables within one year +€317,252
up €317,252 (+38.4%), from €826,142 to €1.1m
of which Other amounts receivable: +€320,891
- Tangible fixed assets -€168,870
down €168,870 (-4.8%), from €3.5m to €3.3m
of which Land and buildings: -€161,147
Equity and liabilities
- Debts after one year -€315,725
down €315,725 (-12.7%), from €2.5m to €2.2m
Income statement
- Gross operating margin -€533,932
down €533,932 (-62.0%), from €861,270 to €327,339
- Write-downs +€80,055
up €80,055, from -€358 to €79,697
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.
Result 2024
€426,515
Gross operating margin
-€533,932
Depreciation
+€2,549
Write-downs
-€80,055
Other operating charges
+€7,848
Other operating items
+€20,655
Financial income
+€4,330
Financial charges
+€6,124
Taxes
-€703
Deferred taxes and other
+€143,290
Result 2025
-€3,379
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€140,817
Investment
+€18,120
Financing
-€312,747
Cash 2024
€499,528
From operations (derived)
-€140,817
Net result for the year
-€3,379
Depreciation
+€168,698
Receivables within one year
-€317,252
Deferred charges and accrued income
+€370
Provisions
-€23,579
Trade debts
-€15,701
Tax, wage and social debts
+€4,710
Other debts
+€45,317
Investment (derived)
+€18,120
Investment in fixed assets (net)
+€18,120
Financing
-€312,747
Debts after one year
-€315,725
Current portion of long-term debt
+€2,978
Cash 2025
€64,083
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,127,310 | €4,821,930 | -€305,380 | -6.0% |
| Fixed assets | 21/28 | €3,764,980 | €3,578,162 | -€186,818 | -5.0% |
| Tangible fixed assets | 22/27 | €3,506,047 | €3,337,177 | -€168,870 | -4.8% |
| Land and buildings | 22 | €3,477,565 | €3,316,417 | -€161,147 | -4.6% |
| Plant, machinery and equipment | 23 | €2,402 | €1,840 | -€562 | -23.4% |
| Furniture and vehicles | 24 | €26,081 | €18,920 | -€7,161 | -27.5% |
| Financial fixed assets | 28 | €258,932 | €240,985 | -€17,947 | -6.9% |
| Current assets | 29/58 | €1,362,330 | €1,243,768 | -€118,562 | -8.7% |
| Amounts receivable within one year | 40/41 | €826,142 | €1,143,394 | +€317,252 | +38.4% |
| Trade receivables | 40 | €59,020 | €55,381 | -€3,639 | -6.2% |
| Other amounts receivable | 41 | €767,122 | €1,088,013 | +€320,891 | +41.8% |
| Cash at bank and in hand | 54/58 | €499,528 | €64,083 | -€435,444 | -87.2% |
| Deferred charges and accrued income | 490/1 | €36,661 | €36,291 | -€370 | -1.0% |
| Total equity and liabilities | 10/49 | €5,127,310 | €4,821,930 | -€305,380 | -6.0% |
| Equity | 10/15 | €1,467,854 | €1,464,475 | -€3,379 | -0.2% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €1,347,854 | €1,344,475 | -€3,379 | -0.3% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €898,853 | €828,115 | -€70,738 | -7.9% |
| Distributable reserves | 133 | €437,001 | €504,360 | +€67,360 | +15.4% |
| Provisions and deferred taxes | 16 | €294,311 | €270,732 | -€23,579 | -8.0% |
| Deferred taxes | 168 | €294,311 | €270,732 | -€23,579 | -8.0% |
| Amounts payable | 17/49 | €3,365,145 | €3,086,723 | -€278,422 | -8.3% |
| Amounts payable after more than one year | 17 | €2,477,014 | €2,161,288 | -€315,725 | -12.7% |
| Financial debts | 170/4 | €2,477,014 | €2,161,288 | -€315,725 | -12.7% |
| Amounts payable within one year | 42/48 | €888,132 | €925,435 | +€37,303 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €313,407 | €316,384 | +€2,978 | +1.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €47,888 | €32,187 | -€15,701 | -32.8% |
| Suppliers | 440/4 | €47,888 | €32,187 | -€15,701 | -32.8% |
| Taxes, remuneration and social security | 45 | €40,913 | €45,623 | +€4,710 | +11.5% |
| Taxes | 450/3 | €40,913 | €45,623 | +€4,710 | +11.5% |
| Other amounts payable | 47/48 | €485,924 | €531,241 | +€45,317 | +9.3% |
| Non-recurring operating income | 76A | €573,159 | €0 | -€573,159 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,247 | €168,698 | -€2,549 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€358 | €79,697 | +€80,055 | |
| Other operating charges | 640/8 | €29,537 | €21,689 | -€7,848 | -26.6% |
| Non-recurring operating charges | 66A | €20,827 | €173 | -€20,655 | -99.2% |
| Gross operating margin | 9900 | €861,270 | €327,339 | -€533,932 | -62.0% |
| Operating profit (loss) | 9901 | €640,017 | €57,083 | -€582,934 | -91.1% |
| Financial income | 75/76B | €20,806 | €25,136 | +€4,330 | +20.8% |
| Recurring financial income | 75 | €20,806 | €25,136 | +€4,330 | +20.8% |
| Financial charges | 65/66B | €94,101 | €87,976 | -€6,124 | -6.5% |
| Recurring financial charges | 65 | €94,101 | €87,976 | -€6,124 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €566,722 | -€5,758 | -€572,480 | |
| Transfer from deferred taxes | 780 | €23,579 | €23,579 | = | 0.0% |
| Transfer to deferred taxes | 680 | €143,290 | €0 | -€143,290 | -100% |
| Income taxes | 67/77 | €20,497 | €21,200 | +€703 | +3.4% |
| Profit (loss) for the period | 9904 | €426,515 | -€3,379 | -€429,893 | |
| Transfer from tax-exempt reserves | 789 | €70,738 | €70,738 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €429,869 | €0 | -€429,869 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €67,383 | €67,360 | -€24 | 0.0% |
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 29 October 2026 via checked.be.