United Beers: 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.
United Beers
Largest movements
- Stocks and contracts +€15,413
up €15,413 (+32.7%), from €47,111 to €62,524
- Deferred charges and accrued income -€11,277
down €11,277 (-52.0%), from €21,687 to €10,410
- Receivables within one year -€7,055
down €7,055 (-69.6%), from €10,138 to €3,083
of which Other amounts receivable: -€4,299
- Tangible fixed assets -€4,756
down €4,756 (-31.8%), from €14,970 to €10,214
of which Furniture and vehicles: -€3,213
- Intangible fixed assets -€4,000
down €4,000 (-28.2%), from €14,208 to €10,208
- Other debts -€13,911
down €13,911 (-16.3%), from €85,140 to €71,229
- Debts after one year +€12,049
up €12,049 (+44.0%), from €27,383 to €39,432
- Profit (loss) carried forward -€10,609
down €10,609 (-23.1%), from -€45,926 to -€56,535
- Current portion of long-term debt -€1,789
down €1,789 (-17.3%), from €10,333 to €8,544
- Gross operating margin +€28,836
up €28,836, from -€25,525 to €3,311
- Depreciation -€3,246
down €3,246 (-27.0%), from €12,002 to €8,756
- Financial charges -€2,204
down €2,204 (-38.6%), from €5,709 to €3,505
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 | €110,566 | €97,439 | -€13,127 | -11.9% |
| Fixed assets | 21/28 | €30,178 | €21,422 | -€8,756 | -29.0% |
| Intangible fixed assets | 21 | €14,208 | €10,208 | -€4,000 | -28.2% |
| Tangible fixed assets | 22/27 | €14,970 | €10,214 | -€4,756 | -31.8% |
| Plant, machinery and equipment | 23 | €2,881 | €1,338 | -€1,543 | -53.6% |
| Furniture and vehicles | 24 | €12,089 | €8,876 | -€3,213 | -26.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €80,389 | €76,017 | -€4,371 | -5.4% |
| Stocks and contracts in progress | 3 | €47,111 | €62,524 | +€15,413 | +32.7% |
| Stocks | 30/36 | €47,111 | €62,524 | +€15,413 | +32.7% |
| Amounts receivable within one year | 40/41 | €10,138 | €3,083 | -€7,055 | -69.6% |
| Trade receivables | 40 | €5,839 | €3,083 | -€2,756 | -47.2% |
| Other amounts receivable | 41 | €4,299 | - | -€4,299 | |
| Cash at bank and in hand | 54/58 | €1,452 | - | -€1,452 | |
| Deferred charges and accrued income | 490/1 | €21,687 | €10,410 | -€11,277 | -52.0% |
| Total equity and liabilities | 10/49 | €110,566 | €97,439 | -€13,127 | -11.9% |
| Equity | 10/15 | -€15,926 | -€26,535 | -€10,609 | -66.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,926 | -€56,535 | -€10,609 | -23.1% |
| Amounts payable | 17/49 | €126,492 | €123,974 | -€2,518 | -2.0% |
| Amounts payable after more than one year | 17 | €27,383 | €39,432 | +€12,049 | +44.0% |
| Financial debts | 170/4 | €27,383 | €39,432 | +€12,049 | +44.0% |
| Amounts payable within one year | 42/48 | €99,109 | €84,542 | -€14,567 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €10,333 | €8,544 | -€1,789 | -17.3% |
| Financial debts | 43 | - | €677 | +€677 | |
| Credit institutions | 430/8 | - | €677 | +€677 | |
| Trade debts | 44 | €2,614 | €3,644 | +€1,030 | +39.4% |
| Suppliers | 440/4 | €2,614 | €3,644 | +€1,030 | +39.4% |
| Advances received on contracts in progress | 46 | €1,022 | - | -€1,022 | |
| Taxes, remuneration and social security | 45 | - | €448 | +€448 | |
| Taxes | 450/3 | - | €448 | +€448 | |
| Other amounts payable | 47/48 | €85,140 | €71,229 | -€13,911 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,002 | €8,756 | -€3,246 | -27.0% |
| Other operating charges | 640/8 | €742 | €659 | -€83 | -11.1% |
| Non-recurring operating charges | 66A | €2,000 | €1,000 | -€1,000 | -50.0% |
| Gross operating margin | 9900 | -€25,525 | €3,311 | +€28,836 | |
| Operating profit (loss) | 9901 | -€40,269 | -€7,104 | +€33,165 | +82.4% |
| Financial income | 75/76B | €52 | - | -€52 | |
| Recurring financial income | 75 | €52 | - | -€52 | |
| Financial charges | 65/66B | €5,709 | €3,505 | -€2,204 | -38.6% |
| Recurring financial charges | 65 | €5,709 | €3,505 | -€2,204 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | -€45,926 | -€10,609 | +€35,317 | +76.9% |
| Profit (loss) for the period | 9904 | -€45,926 | -€10,609 | +€35,317 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,926 | -€10,609 | +€35,317 | +76.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.