VTAU BREWERY: 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.
VTAU BREWERY
Largest movements
- Receivables within one year -€1,829
down €1,829 (-39.6%), from €4,616 to €2,787
of which Other amounts receivable: -€1,829
- Cash -€783
down €783 (-81.0%), from €967 to €184
mainly Net result for the year (-€2,716) and Tax, wage and social debts (-€927)
- Reserves -€2,716
down €2,716 (-62.2%), from €4,366 to €1,650
of which Distributable reserves: -€2,716
- Other debts +€1,324
new in 2023: €1,324
- Tax, wage and social debts -€927
no longer reported in 2023 (was €927)
- Trade debts -€348
no longer reported in 2023 (was €348)
- Gross operating margin -€4,588
down €4,588, from €4,286 to -€302
- Write-downs -€3,554
no longer reported in 2023 (was €3,554)
- Other operating charges +€1,961
up €1,961 (+564%), from €348 to €2,309
- Taxes -€77
no longer reported in 2023 (was €77)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,642 | €2,975 | -€2,667 | -47.3% |
| Fixed assets | 21/28 | €59 | €4 | -€55 | -93.2% |
| Tangible fixed assets | 22/27 | €59 | €4 | -€55 | -93.2% |
| Furniture and vehicles | 24 | €59 | €4 | -€55 | -93.2% |
| Current assets | 29/58 | €5,583 | €2,971 | -€2,612 | -46.8% |
| Amounts receivable within one year | 40/41 | €4,616 | €2,787 | -€1,829 | -39.6% |
| Trade receivables | 40 | €2,691 | €2,691 | = | 0.0% |
| Other amounts receivable | 41 | €1,925 | €96 | -€1,829 | -95.0% |
| Cash at bank and in hand | 54/58 | €967 | €184 | -€783 | -81.0% |
| Total equity and liabilities | 10/49 | €5,642 | €2,975 | -€2,667 | -47.3% |
| Equity | 10/15 | €4,367 | €1,651 | -€2,716 | -62.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €4,366 | €1,650 | -€2,716 | -62.2% |
| Non-distributable reserves | 130/1 | €47 | €47 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47 | €47 | = | 0.0% |
| Distributable reserves | 133 | €4,319 | €1,603 | -€2,716 | -62.9% |
| Amounts payable | 17/49 | €1,275 | €1,324 | +€49 | +3.8% |
| Amounts payable within one year | 42/48 | €1,275 | €1,324 | +€49 | +3.8% |
| Trade debts | 44 | €348 | - | -€348 | |
| Suppliers | 440/4 | €348 | - | -€348 | |
| Taxes, remuneration and social security | 45 | €927 | - | -€927 | |
| Taxes | 450/3 | €927 | - | -€927 | |
| Other amounts payable | 47/48 | - | €1,324 | +€1,324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54 | €55 | +€1 | +1.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,554 | - | -€3,554 | |
| Other operating charges | 640/8 | €348 | €2,309 | +€1,961 | +564% |
| Gross operating margin | 9900 | €4,286 | -€302 | -€4,588 | |
| Operating profit (loss) | 9901 | €330 | -€2,666 | -€2,996 | |
| Financial charges | 65/66B | €42 | €50 | +€8 | +19.0% |
| Recurring financial charges | 65 | €42 | €50 | +€8 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €288 | -€2,716 | -€3,004 | |
| Income taxes | 67/77 | €77 | - | -€77 | |
| Profit (loss) for the period | 9904 | €211 | -€2,716 | -€2,927 | |
| Profit (loss) for the period to be appropriated | 9905 | €211 | -€2,716 | -€2,927 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.