LES BRASSERIES: 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.
LES BRASSERIES
Largest movements
- Tangible fixed assets -€31,782
down €31,782 (-16.2%), from €196,001 to €164,220
of which Other tangible fixed assets: -€28,626
- Cash +€27,629
up €27,629 (+21.8%), from €126,994 to €154,623
mainly Depreciation (+€71,694) and Net result for the year (+€27,980)
- Receivables within one year +€6,853
up €6,853 (+11.5%), from €59,385 to €66,238
of which Trade receivables: +€6,406
- Financial fixed assets +€6,650
up €6,650 (+71.9%), from €9,246 to €15,896
- Reserves +€27,980
up €27,980 (+1,608%), from €1,740 to €29,720
of which Distributable reserves: +€27,980
- Tax, wage and social debts -€22,959
down €22,959 (-33.7%), from €68,104 to €45,146
of which Taxes: -€12,338
- Current portion of long-term debt +€12,515
up €12,515 (+25.3%), from €49,408 to €61,923
- Accrued charges and deferred income -€8,826
down €8,826 (-100%), from €8,826 to €0
- Staff costs -€32,830
down €32,830 (-3.8%), from €863,142 to €830,313
- Gross operating margin -€17,601
down €17,601 (-1.8%), from €980,775 to €963,174
- Depreciation +€10,650
up €10,650 (+17.4%), from €61,045 to €71,694
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 | €415,653 | €421,858 | +€6,205 | +1.5% |
| Fixed assets | 21/28 | €205,247 | €180,116 | -€25,132 | -12.2% |
| Tangible fixed assets | 22/27 | €196,001 | €164,220 | -€31,782 | -16.2% |
| Plant, machinery and equipment | 23 | €73,727 | €56,702 | -€17,025 | -23.1% |
| Furniture and vehicles | 24 | €16,877 | €30,746 | +€13,869 | +82.2% |
| Other tangible fixed assets | 26 | €105,397 | €76,772 | -€28,626 | -27.2% |
| Financial fixed assets | 28 | €9,246 | €15,896 | +€6,650 | +71.9% |
| Current assets | 29/58 | €210,406 | €241,742 | +€31,336 | +14.9% |
| Stocks and contracts in progress | 3 | €24,027 | €20,881 | -€3,145 | -13.1% |
| Stocks | 30/36 | €24,027 | €20,881 | -€3,145 | -13.1% |
| Amounts receivable within one year | 40/41 | €59,385 | €66,238 | +€6,853 | +11.5% |
| Trade receivables | 40 | €3,464 | €9,870 | +€6,406 | +185% |
| Other amounts receivable | 41 | €55,921 | €56,368 | +€447 | +0.8% |
| Cash at bank and in hand | 54/58 | €126,994 | €154,623 | +€27,629 | +21.8% |
| Total equity and liabilities | 10/49 | €415,653 | €421,858 | +€6,205 | +1.5% |
| Equity | 10/15 | €101,740 | €129,720 | +€27,980 | +27.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,740 | €29,720 | +€27,980 | +1,608% |
| Non-distributable reserves | 130/1 | €1,740 | €1,740 | = | 0.0% |
| Legal reserve | 130 | €1,740 | €1,740 | = | 0.0% |
| Distributable reserves | 133 | - | €27,980 | +€27,980 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €313,913 | €292,137 | -€21,776 | -6.9% |
| Amounts payable after more than one year | 17 | €73,511 | €72,163 | -€1,348 | -1.8% |
| Financial debts | 170/4 | €73,511 | €72,163 | -€1,348 | -1.8% |
| Amounts payable within one year | 42/48 | €231,575 | €219,974 | -€11,601 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €49,408 | €61,923 | +€12,515 | +25.3% |
| Trade debts | 44 | €114,063 | €112,905 | -€1,158 | -1.0% |
| Suppliers | 440/4 | €114,063 | €112,905 | -€1,158 | -1.0% |
| Taxes, remuneration and social security | 45 | €68,104 | €45,146 | -€22,959 | -33.7% |
| Taxes | 450/3 | €26,009 | €13,672 | -€12,338 | -47.4% |
| Remuneration and social security | 454/9 | €42,095 | €31,474 | -€10,621 | -25.2% |
| Accrued charges and deferred income | 492/3 | €8,826 | €0 | -€8,826 | -100% |
| Non-recurring operating income | 76A | - | €83 | +€83 | |
| Remuneration, social security and pensions | 62 | €863,142 | €830,313 | -€32,830 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,045 | €71,694 | +€10,650 | +17.4% |
| Other operating charges | 640/8 | €12,986 | €13,703 | +€717 | +5.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €980,775 | €963,174 | -€17,601 | -1.8% |
| Operating profit (loss) | 9901 | €43,601 | €47,464 | +€3,863 | +8.9% |
| Financial income | 75/76B | €10,334 | €794 | -€9,540 | -92.3% |
| Recurring financial income | 75 | €10,334 | €794 | -€9,540 | -92.3% |
| Financial charges | 65/66B | €11,294 | €11,925 | +€631 | +5.6% |
| Recurring financial charges | 65 | €11,294 | €11,925 | +€631 | +5.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €42,641 | €36,334 | -€6,307 | -14.8% |
| Income taxes | 67/77 | €4,712 | €8,354 | +€3,641 | +77.3% |
| Profit (loss) for the period | 9904 | €37,929 | €27,980 | -€9,949 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,929 | €27,980 | -€9,949 | -26.2% |
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 15 October 2026 via checked.be.