Cacao Latitudes: 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.
Cacao Latitudes
Largest movements
- Stocks and contracts +€1.7m
up €1.7m (+63.9%), from €2.7m to €4.4m
- Receivables within one year +€241,291
up €241,291 (+50.7%), from €475,642 to €716,933
of which Trade receivables: +€205,467
- Other debts +€3.1m
up €3.1m (+119%), from €2.6m to €5.6m
- Trade debts -€701,668
down €701,668 (-67.5%), from €1.0m to €337,741
- Profit (loss) carried forward -€375,880
down €375,880 (-75.5%), from -€497,943 to -€873,823
- Gross operating margin +€149,107
up €149,107 (+87.5%), from -€170,351 to -€21,244
- Financial charges +€53,388
up €53,388 (+23.2%), from €230,032 to €283,420
- Financial income -€46,512
down €46,512 (-100%), from €46,512 to €0
- Staff costs +€24,356
up €24,356 (+52.0%), from €46,860 to €71,216
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,189,048 | €5,165,540 | +€2.0m | +62.0% |
| Current assets | 29/58 | €3,189,048 | €5,165,540 | +€2.0m | +62.0% |
| Stocks and contracts in progress | 3 | €2,713,406 | €4,448,607 | +€1.7m | +63.9% |
| Stocks | 30/36 | €2,713,406 | €4,448,607 | +€1.7m | +63.9% |
| Amounts receivable within one year | 40/41 | €475,642 | €716,933 | +€241,291 | +50.7% |
| Trade receivables | 40 | €475,642 | €681,109 | +€205,467 | +43.2% |
| Other amounts receivable | 41 | €0 | €35,824 | +€35,824 | |
| Total equity and liabilities | 10/49 | €3,189,048 | €5,165,540 | +€2.0m | +62.0% |
| Equity | 10/15 | -€429,060 | -€804,940 | -€375,880 | -87.6% |
| Contributions | 10/11 | €68,883 | €68,883 | = | 0.0% |
| Capital | 10 | €68,883 | €68,883 | = | 0.0% |
| Issued capital | 100 | €68,883 | €68,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€497,943 | -€873,823 | -€375,880 | -75.5% |
| Amounts payable | 17/49 | €3,618,108 | €5,970,480 | +€2.4m | +65.0% |
| Amounts payable within one year | 42/48 | €3,618,108 | €5,970,480 | +€2.4m | +65.0% |
| Trade debts | 44 | €1,039,409 | €337,741 | -€701,668 | -67.5% |
| Suppliers | 440/4 | €1,039,409 | €337,741 | -€701,668 | -67.5% |
| Taxes, remuneration and social security | 45 | €5,311 | - | -€5,311 | |
| Taxes | 450/3 | €5,311 | - | -€5,311 | |
| Other amounts payable | 47/48 | €2,573,388 | €5,632,739 | +€3.1m | +119% |
| Remuneration, social security and pensions | 62 | €46,860 | €71,216 | +€24,356 | +52.0% |
| Gross operating margin | 9900 | -€170,351 | -€21,244 | +€149,107 | +87.5% |
| Operating profit (loss) | 9901 | -€217,211 | -€92,460 | +€124,751 | +57.4% |
| Financial income | 75/76B | €46,512 | €0 | -€46,512 | -100% |
| Recurring financial income | 75 | €46,512 | €0 | -€46,512 | -100% |
| Financial charges | 65/66B | €230,032 | €283,420 | +€53,388 | +23.2% |
| Recurring financial charges | 65 | €230,032 | €283,420 | +€53,388 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€400,731 | -€375,880 | +€24,851 | +6.2% |
| Profit (loss) for the period | 9904 | -€400,731 | -€375,880 | +€24,851 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€400,731 | -€375,880 | +€24,851 | +6.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.