SMART BEER COLLECTIVE: 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.
SMART BEER COLLECTIVE
Largest movements
- Receivables within one year -€7,032
down €7,032 (-80.7%), from €8,715 to €1,682
of which Other amounts receivable: -€6,581
- Stocks and contracts +€4,564
up €4,564 (+48.5%), from €9,416 to €13,980
- Formation expenses -€564
down €564 (-92.2%), from €612 to €48
- Deferred charges and accrued income -€366
down €366 (-84.8%), from €432 to €66
- Short-term financial debts -€31,536
down €31,536 (-60.8%), from €51,864 to €20,327
- Debts after one year +€30,750
new in 2025: €30,750
- Profit (loss) carried forward -€14,293
down €14,293 (-16.9%), from -€84,379 to -€98,672
- Other debts +€11,662
up €11,662 (+65.7%), from €17,751 to €29,413
- Tax, wage and social debts -€1,584
down €1,584 (-59.2%), from €2,675 to €1,091
- Gross operating margin -€11,052
down €11,052, from €1,905 to -€9,147
- Financial income +€4,800
up €4,800 (+47,995,200%), from €0 to €4,800
of which Non-recurring financial income: +€4,606
- Other operating charges +€1,161
up €1,161 (+110%), from €1,052 to €2,214
- Financial charges -€319
down €319 (-4.3%), from €7,487 to €7,167
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 | €19,640 | €16,048 | -€3,593 | -18.3% |
| Formation expenses | 20 | €612 | €48 | -€564 | -92.2% |
| Current assets | 29/58 | €19,029 | €16,000 | -€3,028 | -15.9% |
| Stocks and contracts in progress | 3 | €9,416 | €13,980 | +€4,564 | +48.5% |
| Stocks | 30/36 | €9,416 | €13,980 | +€4,564 | +48.5% |
| Amounts receivable within one year | 40/41 | €8,715 | €1,682 | -€7,032 | -80.7% |
| Trade receivables | 40 | €2,133 | €1,682 | -€451 | -21.1% |
| Other amounts receivable | 41 | €6,581 | - | -€6,581 | |
| Cash at bank and in hand | 54/58 | €466 | €272 | -€194 | -41.6% |
| Deferred charges and accrued income | 490/1 | €432 | €66 | -€366 | -84.8% |
| Total equity and liabilities | 10/49 | €19,640 | €16,048 | -€3,593 | -18.3% |
| Equity | 10/15 | -€54,379 | -€68,672 | -€14,293 | -26.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,379 | -€98,672 | -€14,293 | -16.9% |
| Amounts payable | 17/49 | €74,019 | €84,720 | +€10,700 | +14.5% |
| Amounts payable after more than one year | 17 | - | €30,750 | +€30,750 | |
| Financial debts | 170/4 | - | €30,750 | +€30,750 | |
| Amounts payable within one year | 42/48 | €74,019 | €53,762 | -€20,257 | -27.4% |
| Financial debts | 43 | €51,864 | €20,327 | -€31,536 | -60.8% |
| Credit institutions | 430/8 | €51,864 | €20,327 | -€31,536 | -60.8% |
| Trade debts | 44 | €1,730 | €2,931 | +€1,201 | +69.4% |
| Suppliers | 440/4 | €1,730 | €2,931 | +€1,201 | +69.4% |
| Taxes, remuneration and social security | 45 | €2,675 | €1,091 | -€1,584 | -59.2% |
| Taxes | 450/3 | €2,675 | €1,091 | -€1,584 | -59.2% |
| Other amounts payable | 47/48 | €17,751 | €29,413 | +€11,662 | +65.7% |
| Accrued charges and deferred income | 492/3 | - | €208 | +€208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €564 | €564 | = | 0.0% |
| Other operating charges | 640/8 | €1,052 | €2,214 | +€1,161 | +110% |
| Gross operating margin | 9900 | €1,905 | -€9,147 | -€11,052 | |
| Operating profit (loss) | 9901 | €288 | -€11,925 | -€12,213 | |
| Financial income | 75/76B | €0 | €4,800 | +€4,800 | +47,995,200% |
| Recurring financial income | 75 | €0 | €193 | +€193 | +1,931,300% |
| Non-recurring financial income | 76B | - | €4,606 | +€4,606 | |
| Financial charges | 65/66B | €7,487 | €7,167 | -€319 | -4.3% |
| Recurring financial charges | 65 | €7,487 | €7,167 | -€319 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,199 | -€14,293 | -€7,094 | -98.6% |
| Profit (loss) for the period | 9904 | -€7,199 | -€14,293 | -€7,094 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,199 | -€14,293 | -€7,094 | -98.6% |
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 23 October 2026 via checked.be.