CHOCDECOR: what changed
Two fiscal 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.
CHOCDECOR
Largest movements
- Cash -€2.1m
down €2.1m (-59.9%), from €3.5m to €1.4m
mainly Investment in fixed assets (net) (-€1.8m) and Stocks and contracts (-€1.2m)
- Stocks and contracts +€1.2m
up €1.2m (+87.2%), from €1.4m to €2.7m
- Receivables within one year +€907,269
up €907,269 (+116.6%), from €777,852 to €1.7m
of which Trade receivables: +€765,949
- Tangible fixed assets +€238,095
up €238,095 (+5.4%), from €4.4m to €4.6m
of which Furniture and vehicles: +€229,862
- Intangible fixed assets +€158,185
up €158,185 (+640.7%), from €24,688 to €182,873
- Trade debts +€329,300
up €329,300 (+24.4%), from €1.3m to €1.7m
- Reserves +€258,510
up €258,510 (+3.5%), from €7.3m to €7.6m
of which Distributable reserves: +€275,010
- Other debts -€161,624
down €161,624 (-54.0%), from €299,124 to €137,500
- Debts after one year -€122,841
down €122,841 (-52.0%), from €236,049 to €113,208
- Tax, wage and social debts +€119,088
up €119,088 (+24.0%), from €495,737 to €614,825
of which Remuneration and social security: +€85,899
- Gross operating margin +€444,377
up €444,377 (+8.1%), from €5.5m to €5.9m
- Staff costs +€362,338
up €362,338 (+10.4%), from €3.5m to €3.8m
- Depreciation +€264,976
up €264,976 (+23.6%), from €1.1m to €1.4m
- Other operating charges +€74,390
up €74,390 (+226.5%), from €32,840 to €107,230
- Write-downs -€60,690
new in 2025: -€60,690
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.
Cash bridge derived
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 | €10,127,806 | €10,589,108 | +€461,302 | +4.6% |
| Fixed assets | 21/28 | €4,426,566 | €4,822,846 | +€396,280 | +9.0% |
| Intangible fixed assets | 21 | €24,688 | €182,873 | +€158,185 | +640.7% |
| Tangible fixed assets | 22/27 | €4,401,794 | €4,639,889 | +€238,095 | +5.4% |
| Land and buildings | 22 | €1,179,137 | €1,123,692 | -€55,446 | -4.7% |
| Plant, machinery and equipment | 23 | €3,127,189 | €3,190,868 | +€63,679 | +2.0% |
| Furniture and vehicles | 24 | €95,468 | €325,329 | +€229,862 | +240.8% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €5,701,240 | €5,766,261 | +€65,021 | +1.1% |
| Stocks and contracts in progress | 3 | €1,423,706 | €2,664,512 | +€1.2m | +87.2% |
| Stocks | 30/36 | €1,423,706 | €2,664,512 | +€1.2m | +87.2% |
| Amounts receivable within one year | 40/41 | €777,852 | €1,685,121 | +€907,269 | +116.6% |
| Trade receivables | 40 | €492,529 | €1,258,477 | +€765,949 | +155.5% |
| Other amounts receivable | 41 | €285,323 | €426,643 | +€141,320 | +49.5% |
| Cash at bank and in hand | 54/58 | €3,499,682 | €1,402,013 | -€2.1m | -59.9% |
| Deferred charges and accrued income | 490/1 | - | €14,616 | +€14,616 | |
| Total equity and liabilities | 10/49 | €10,127,806 | €10,589,108 | +€461,302 | +4.6% |
| Equity | 10/15 | €7,458,205 | €7,716,714 | +€258,510 | +3.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €7,338,205 | €7,596,714 | +€258,510 | +3.5% |
| Tax-exempt reserves | 132 | €66,000 | €49,500 | -€16,500 | -25.0% |
| Distributable reserves | 133 | €7,272,205 | €7,547,214 | +€275,010 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €22,000 | €16,500 | -€5,500 | -25.0% |
| Deferred taxes | 168 | €22,000 | €16,500 | -€5,500 | -25.0% |
| Amounts payable | 17/49 | €2,647,601 | €2,855,893 | +€208,292 | +7.9% |
| Amounts payable after more than one year | 17 | €236,049 | €113,208 | -€122,841 | -52.0% |
| Financial debts | 170/4 | €236,049 | €113,208 | -€122,841 | -52.0% |
| Amounts payable within one year | 42/48 | €2,302,195 | €2,658,877 | +€356,683 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €157,873 | €122,841 | -€35,032 | -22.2% |
| Financial debts | 43 | - | €104,952 | +€104,952 | |
| Credit institutions | 430/8 | - | €104,952 | +€104,952 | |
| Trade debts | 44 | €1,349,460 | €1,678,759 | +€329,300 | +24.4% |
| Suppliers | 440/4 | €1,349,460 | €1,678,759 | +€329,300 | +24.4% |
| Taxes, remuneration and social security | 45 | €495,737 | €614,825 | +€119,088 | +24.0% |
| Taxes | 450/3 | €26,378 | €59,566 | +€33,189 | +125.8% |
| Remuneration and social security | 454/9 | €469,360 | €555,259 | +€85,899 | +18.3% |
| Other amounts payable | 47/48 | €299,124 | €137,500 | -€161,624 | -54.0% |
| Accrued charges and deferred income | 492/3 | €109,358 | €83,808 | -€25,550 | -23.4% |
| Non-recurring operating income | 76A | €26,754 | €3,719 | -€23,035 | -86.1% |
| Remuneration, social security and pensions | 62 | €3,470,689 | €3,833,027 | +€362,338 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,124,806 | €1,389,783 | +€264,976 | +23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€60,690 | -€60,690 | |
| Other operating charges | 640/8 | €32,840 | €107,230 | +€74,390 | +226.5% |
| Non-recurring operating charges | 66A | €0 | €62,002 | +€62,002 | |
| Gross operating margin | 9900 | €5,462,929 | €5,907,306 | +€444,377 | +8.1% |
| Operating profit (loss) | 9901 | €834,593 | €575,955 | -€258,638 | -31.0% |
| Financial income | 75/76B | €31,333 | €17,332 | -€14,001 | -44.7% |
| Recurring financial income | 75 | €31,333 | €17,332 | -€14,001 | -44.7% |
| Financial charges | 65/66B | €60,340 | €67,697 | +€7,357 | +12.2% |
| Recurring financial charges | 65 | €60,340 | €67,697 | +€7,357 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €805,586 | €525,590 | -€279,996 | -34.8% |
| Transfer from deferred taxes | 780 | €5,500 | €5,500 | = | 0.0% |
| Income taxes | 67/77 | €137,589 | €135,080 | -€2,508 | -1.8% |
| Profit (loss) for the period | 9904 | €673,498 | €396,010 | -€277,488 | -41.2% |
| Transfer from tax-exempt reserves | 789 | €16,500 | €16,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €689,998 | €412,510 | -€277,488 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.