RJ DRINK: 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.
RJ DRINK
Largest movements
- Stocks and contracts +€177,228
up €177,228 (+18.0%), from €983,813 to €1.2m
- Cash -€167,119
down €167,119 (-67.7%), from €246,790 to €79,672
mainly Other debts (-€269,053) and Investment in fixed assets (net) (-€228,094)
- Tangible fixed assets +€94,233
up €94,233 (+15.8%), from €597,868 to €692,100
of which Plant, machinery and equipment: +€50,448
- Receivables within one year +€66,199
up €66,199 (+10.8%), from €612,828 to €679,027
of which Trade receivables: +€160,084
- Other debts -€269,053
down €269,053 (-87.8%), from €306,553 to €37,500
- Trade debts +€248,098
up €248,098 (+31.7%), from €781,432 to €1.0m
- Short-term financial debts +€150,000
new in 2025: €150,000
- Profit (loss) carried forward +€115,076
up €115,076 (+22.0%), from €523,663 to €638,738
- Tax, wage and social debts -€65,659
down €65,659 (-38.5%), from €170,648 to €104,989
of which Taxes: -€70,687
- Gross operating margin +€69,273
up €69,273 (+5.8%), from €1.2m to €1.3m
- Write-downs -€57,665
down €57,665 (-73.8%), from €78,107 to €20,442
- Staff costs +€51,518
up €51,518 (+7.0%), from €733,135 to €784,653
- Other operating charges +€42,102
up €42,102 (+64.7%), from €65,037 to €107,138
- Depreciation +€19,294
up €19,294 (+18.6%), from €103,976 to €123,270
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 | €2,461,475 | €2,642,607 | +€181,132 | +7.4% |
| Fixed assets | 21/28 | €607,793 | €712,617 | +€104,824 | +17.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | 0.0% |
| Tangible fixed assets | 22/27 | €597,868 | €692,100 | +€94,233 | +15.8% |
| Land and buildings | 22 | €284,444 | €294,842 | +€10,398 | +3.7% |
| Plant, machinery and equipment | 23 | €91,313 | €141,761 | +€50,448 | +55.2% |
| Furniture and vehicles | 24 | €197,768 | €229,354 | +€31,586 | +16.0% |
| Other tangible fixed assets | 26 | €24,343 | €26,143 | +€1,800 | +7.4% |
| Financial fixed assets | 28 | €9,925 | €20,516 | +€10,591 | +107% |
| Current assets | 29/58 | €1,853,682 | €1,929,990 | +€76,308 | +4.1% |
| Stocks and contracts in progress | 3 | €983,813 | €1,161,041 | +€177,228 | +18.0% |
| Stocks | 30/36 | €983,813 | €1,161,041 | +€177,228 | +18.0% |
| Amounts receivable within one year | 40/41 | €612,828 | €679,027 | +€66,199 | +10.8% |
| Trade receivables | 40 | €370,027 | €530,111 | +€160,084 | +43.3% |
| Other amounts receivable | 41 | €242,801 | €148,916 | -€93,884 | -38.7% |
| Cash at bank and in hand | 54/58 | €246,790 | €79,672 | -€167,119 | -67.7% |
| Deferred charges and accrued income | 490/1 | €10,250 | €10,250 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,461,475 | €2,642,607 | +€181,132 | +7.4% |
| Equity | 10/15 | €677,358 | €792,434 | +€115,076 | +17.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €91,696 | €91,696 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €496 | €496 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €523,663 | €638,738 | +€115,076 | +22.0% |
| Amounts payable | 17/49 | €1,784,117 | €1,850,173 | +€66,056 | +3.7% |
| Amounts payable after more than one year | 17 | €364,975 | €359,731 | -€5,245 | -1.4% |
| Financial debts | 170/4 | €364,975 | €359,731 | -€5,245 | -1.4% |
| Amounts payable within one year | 42/48 | €1,419,141 | €1,490,442 | +€71,301 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €160,509 | €168,423 | +€7,914 | +4.9% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €781,432 | €1,029,530 | +€248,098 | +31.7% |
| Suppliers | 440/4 | €781,432 | €1,029,530 | +€248,098 | +31.7% |
| Taxes, remuneration and social security | 45 | €170,648 | €104,989 | -€65,659 | -38.5% |
| Taxes | 450/3 | €70,687 | - | -€70,687 | |
| Remuneration and social security | 454/9 | €99,961 | €104,989 | +€5,028 | +5.0% |
| Other amounts payable | 47/48 | €306,553 | €37,500 | -€269,053 | -87.8% |
| Non-recurring operating income | 76A | €34,269 | €48,719 | +€14,450 | +42.2% |
| Remuneration, social security and pensions | 62 | €733,135 | €784,653 | +€51,518 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,976 | €123,270 | +€19,294 | +18.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €78,107 | €20,442 | -€57,665 | -73.8% |
| Other operating charges | 640/8 | €65,037 | €107,138 | +€42,102 | +64.7% |
| Non-recurring operating charges | 66A | - | €3,927 | +€3,927 | |
| Gross operating margin | 9900 | €1,191,368 | €1,260,641 | +€69,273 | +5.8% |
| Operating profit (loss) | 9901 | €211,114 | €221,211 | +€10,097 | +4.8% |
| Financial income | 75/76B | €283 | €561 | +€278 | +98.2% |
| Recurring financial income | 75 | €283 | €561 | +€278 | +98.2% |
| Financial charges | 65/66B | €61,806 | €66,280 | +€4,474 | +7.2% |
| Recurring financial charges | 65 | €61,806 | €65,721 | +€3,915 | +6.3% |
| Non-recurring financial charges | 66B | - | €559 | +€559 | |
| Profit (loss) for the period before taxes | 9903 | €149,590 | €155,492 | +€5,901 | +3.9% |
| Income taxes | 67/77 | €47,810 | €40,416 | -€7,394 | -15.5% |
| Profit (loss) for the period | 9904 | €101,780 | €115,076 | +€13,295 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,780 | €115,076 | +€13,295 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.