Andes Chocolatier: what changed
Andes Chocolatier
Largest movements
- Tangible fixed assets -€210,262
down €210,262 (-35.1%), from €599,746 to €389,484
of which Plant, machinery and equipment: -€113,538
- Receivables within one year +€180,277
up €180,277 (+101%), from €179,038 to €359,315
of which Trade receivables: +€162,978
- Cash -€153,767
down €153,767 (-82.0%), from €187,607 to €33,840
mainly Receivables within one year (-€180,277) and Debts after one year (-€129,949)
- Intangible fixed assets +€89,085
up €89,085 (+3,641%), from €2,446 to €91,532
- Stocks and contracts +€52,678
up €52,678 (+48.9%), from €107,665 to €160,342
- Trade debts +€142,672
up €142,672 (+189%), from €75,664 to €218,336
- Debts after one year -€129,949
down €129,949 (-39.9%), from €325,573 to €195,624
- Other debts +€95,821
up €95,821 (+2,293%), from €4,179 to €100,000
- Short-term financial debts -€81,885
down €81,885 (-100.0%), from €81,888 to €3
- Reserves -€33,027
down €33,027 (-16.5%), from €199,644 to €166,617
of which Distributable reserves: -€33,027
- Gross operating margin -€186,695
down €186,695 (-35.4%), from €527,832 to €341,137
- Staff costs -€32,459
down €32,459 (-12.7%), from €255,296 to €222,837
- Taxes -€29,946
down €29,946 (-87.9%), from €34,082 to €4,136
- Depreciation -€20,618
down €20,618 (-19.4%), from €106,055 to €85,437
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,081,943 | €1,041,991 | -€39,952 | -3.7% |
| Fixed assets | 21/28 | €602,692 | €481,515 | -€121,177 | -20.1% |
| Intangible fixed assets | 21 | €2,446 | €91,532 | +€89,085 | +3,641% |
| Tangible fixed assets | 22/27 | €599,746 | €389,484 | -€210,262 | -35.1% |
| Land and buildings | 22 | €364,830 | €266,588 | -€98,242 | -26.9% |
| Plant, machinery and equipment | 23 | €230,815 | €117,277 | -€113,538 | -49.2% |
| Furniture and vehicles | 24 | €4,102 | €5,619 | +€1,518 | +37.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €479,250 | €560,475 | +€81,225 | +16.9% |
| Stocks and contracts in progress | 3 | €107,665 | €160,342 | +€52,678 | +48.9% |
| Stocks | 30/36 | €107,665 | €160,342 | +€52,678 | +48.9% |
| Amounts receivable within one year | 40/41 | €179,038 | €359,315 | +€180,277 | +101% |
| Trade receivables | 40 | €179,038 | €342,016 | +€162,978 | +91.0% |
| Other amounts receivable | 41 | - | €17,299 | +€17,299 | |
| Cash at bank and in hand | 54/58 | €187,607 | €33,840 | -€153,767 | -82.0% |
| Deferred charges and accrued income | 490/1 | €4,941 | €6,979 | +€2,038 | +41.2% |
| Total equity and liabilities | 10/49 | €1,081,943 | €1,041,991 | -€39,952 | -3.7% |
| Equity | 10/15 | €469,146 | €447,651 | -€21,495 | -4.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €199,644 | €166,617 | -€33,027 | -16.5% |
| Tax-exempt reserves | 132 | €14,670 | €14,670 | = | 0.0% |
| Distributable reserves | 133 | €184,974 | €151,947 | -€33,027 | -17.9% |
| Profit (loss) carried forward | 14 | €249,502 | €261,034 | +€11,532 | +4.6% |
| Amounts payable | 17/49 | €612,797 | €594,339 | -€18,458 | -3.0% |
| Amounts payable after more than one year | 17 | €325,573 | €195,624 | -€129,949 | -39.9% |
| Financial debts | 170/4 | €325,573 | €195,624 | -€129,949 | -39.9% |
| Amounts payable within one year | 42/48 | €287,224 | €398,716 | +€111,492 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €62,398 | €35,625 | -€26,772 | -42.9% |
| Financial debts | 43 | €81,888 | €3 | -€81,885 | -100.0% |
| Credit institutions | 430/8 | €81,888 | €3 | -€81,885 | -100.0% |
| Trade debts | 44 | €75,664 | €218,336 | +€142,672 | +189% |
| Suppliers | 440/4 | €75,664 | €218,336 | +€142,672 | +189% |
| Taxes, remuneration and social security | 45 | €63,096 | €44,752 | -€18,344 | -29.1% |
| Taxes | 450/3 | €33,399 | €18,217 | -€15,183 | -45.5% |
| Remuneration and social security | 454/9 | €29,697 | €26,535 | -€3,162 | -10.6% |
| Other amounts payable | 47/48 | €4,179 | €100,000 | +€95,821 | +2,293% |
| Non-recurring operating income | 76A | €16,860 | €20,971 | +€4,111 | +24.4% |
| Remuneration, social security and pensions | 62 | €255,296 | €222,837 | -€32,459 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,055 | €85,437 | -€20,618 | -19.4% |
| Other operating charges | 640/8 | €5,569 | €5,427 | -€141 | -2.5% |
| Gross operating margin | 9900 | €527,832 | €341,137 | -€186,695 | -35.4% |
| Operating profit (loss) | 9901 | €160,912 | €27,435 | -€133,477 | -83.0% |
| Financial income | 75/76B | €4,580 | €5,404 | +€824 | +18.0% |
| Recurring financial income | 75 | €4,580 | €5,404 | +€824 | +18.0% |
| Financial charges | 65/66B | €18,867 | €17,170 | -€1,697 | -9.0% |
| Recurring financial charges | 65 | €18,867 | €17,170 | -€1,697 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €146,625 | €15,668 | -€130,956 | -89.3% |
| Income taxes | 67/77 | €34,082 | €4,136 | -€29,946 | -87.9% |
| Profit (loss) for the period | 9904 | €112,542 | €11,532 | -€101,010 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €112,542 | €11,532 | -€101,010 | -89.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.