PUCK DRINKS: 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.
PUCK DRINKS
Largest movements
- Stocks and contracts +€15,725
up €15,725 (+64.7%), from €24,307 to €40,032
- Tangible fixed assets -€13,100
down €13,100 (-31.8%), from €41,146 to €28,047
of which Plant, machinery and equipment: -€16,083
- Receivables within one year +€2,667
up €2,667 (+18.5%), from €14,387 to €17,054
of which Trade receivables: +€2,623
- Intangible fixed assets -€1,008
down €1,008 (-81.6%), from €1,234 to €227
- Trade debts +€7,705
up €7,705 (+350.3%), from €2,199 to €9,904
- Profit (loss) carried forward +€7,618
up €7,618 (+19.8%), from -€38,552 to -€30,933
- Current portion of long-term debt -€6,400
down €6,400 (-33.3%), from €19,200 to €12,800
- Debts after one year -€3,650
down €3,650 (-5.3%), from €68,953 to €65,303
- Gross operating margin -€24,812
down €24,812 (-45.9%), from €54,057 to €29,245
- Other operating charges +€1,628
up €1,628 (+481.0%), from €339 to €1,967
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.
Cash bridge derived
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 | €88,373 | €92,761 | +€4,388 | +5.0% |
| Formation expenses | 20 | €789 | €48 | -€741 | -93.9% |
| Fixed assets | 21/28 | €42,380 | €28,273 | -€14,107 | -33.3% |
| Intangible fixed assets | 21 | €1,234 | €227 | -€1,008 | -81.6% |
| Tangible fixed assets | 22/27 | €41,146 | €28,047 | -€13,100 | -31.8% |
| Plant, machinery and equipment | 23 | €39,739 | €23,656 | -€16,083 | -40.5% |
| Furniture and vehicles | 24 | €1,407 | €4,391 | +€2,983 | +212.0% |
| Current assets | 29/58 | €45,203 | €64,440 | +€19,236 | +42.6% |
| Stocks and contracts in progress | 3 | €24,307 | €40,032 | +€15,725 | +64.7% |
| Stocks | 30/36 | €24,307 | €40,032 | +€15,725 | +64.7% |
| Amounts receivable within one year | 40/41 | €14,387 | €17,054 | +€2,667 | +18.5% |
| Trade receivables | 40 | €11,855 | €14,477 | +€2,623 | +22.1% |
| Other amounts receivable | 41 | €2,532 | €2,576 | +€44 | +1.7% |
| Cash at bank and in hand | 54/58 | €3,587 | €3,648 | +€61 | +1.7% |
| Deferred charges and accrued income | 490/1 | €2,923 | €3,706 | +€784 | +26.8% |
| Total equity and liabilities | 10/49 | €88,373 | €92,761 | +€4,388 | +5.0% |
| Equity | 10/15 | -€23,552 | -€15,933 | +€7,618 | +32.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,552 | -€30,933 | +€7,618 | +19.8% |
| Amounts payable | 17/49 | €111,924 | €108,694 | -€3,230 | -2.9% |
| Amounts payable after more than one year | 17 | €68,953 | €65,303 | -€3,650 | -5.3% |
| Financial debts | 170/4 | €68,953 | €65,303 | -€3,650 | -5.3% |
| Amounts payable within one year | 42/48 | €42,867 | €42,779 | -€88 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €19,200 | €12,800 | -€6,400 | -33.3% |
| Trade debts | 44 | €2,199 | €9,904 | +€7,705 | +350.3% |
| Suppliers | 440/4 | €2,199 | €9,904 | +€7,705 | +350.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,716 | €3,163 | -€553 | -14.9% |
| Taxes | 450/3 | €3,716 | €1,413 | -€2,303 | -62.0% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €17,752 | €16,912 | -€840 | -4.7% |
| Accrued charges and deferred income | 492/3 | €105 | €613 | +€508 | +483.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,510 | €18,831 | +€321 | +1.7% |
| Other operating charges | 640/8 | €339 | €1,967 | +€1,628 | +481.0% |
| Gross operating margin | 9900 | €54,057 | €29,245 | -€24,812 | -45.9% |
| Operating profit (loss) | 9901 | €35,208 | €8,446 | -€26,762 | -76.0% |
| Financial income | 75/76B | €8 | €0 | -€8 | -94.3% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -94.3% |
| Financial charges | 65/66B | €1,274 | €828 | -€445 | -35.0% |
| Recurring financial charges | 65 | €1,274 | €828 | -€445 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €33,943 | €7,618 | -€26,324 | -77.6% |
| Profit (loss) for the period | 9904 | €33,943 | €7,618 | -€26,324 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,943 | €7,618 | -€26,324 | -77.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.