@CHOCOLAT: 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.
@CHOCOLAT
Largest movements
- Tangible fixed assets -€18,674
down €18,674 (-29.3%), from €63,699 to €45,026
of which Furniture and vehicles: -€14,497
- Receivables within one year +€4,951
up €4,951 (+26.4%), from €18,769 to €23,720
- Receivables after one year -€4,584
down €4,584 (-100%), from €4,584 to €0
- Debts after one year -€15,511
down €15,511 (-47.2%), from €32,883 to €17,372
- Short-term financial debts +€10,760
up €10,760 (+43.0%), from €25,000 to €35,760
of which Other loans: +€9,000
- Reserves -€7,170
down €7,170 (-17.4%), from €41,125 to €33,955
- Trade debts -€5,296
down €5,296 (-89.3%), from €5,931 to €635
- Current portion of long-term debt -€3,033
down €3,033 (-16.4%), from €18,544 to €15,511
- Gross operating margin -€6,266
down €6,266 (-19.7%), from €31,826 to €25,560
- Depreciation +€1,483
up €1,483 (+8.6%), from €17,190 to €18,674
- Taxes -€1,305
down €1,305 (-29.4%), from €4,444 to €3,138
- Other operating charges -€337
down €337 (-26.7%), from €1,261 to €924
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 | €151,098 | €130,901 | -€20,197 | -13.4% |
| Fixed assets | 21/28 | €63,699 | €45,026 | -€18,674 | -29.3% |
| Tangible fixed assets | 22/27 | €63,699 | €45,026 | -€18,674 | -29.3% |
| Plant, machinery and equipment | 23 | €10,677 | €6,501 | -€4,176 | -39.1% |
| Furniture and vehicles | 24 | €53,022 | €38,525 | -€14,497 | -27.3% |
| Current assets | 29/58 | €87,399 | €85,876 | -€1,523 | -1.7% |
| Amounts receivable after more than one year | 29 | €4,584 | €0 | -€4,584 | -100% |
| Other amounts receivable | 291 | €4,584 | €0 | -€4,584 | -100% |
| Stocks and contracts in progress | 3 | €12,851 | €11,455 | -€1,395 | -10.9% |
| Stocks | 30/36 | €12,851 | €11,455 | -€1,395 | -10.9% |
| Amounts receivable within one year | 40/41 | €18,769 | €23,720 | +€4,951 | +26.4% |
| Trade receivables | 40 | €18,769 | €23,720 | +€4,951 | +26.4% |
| Cash at bank and in hand | 54/58 | €51,195 | €50,277 | -€918 | -1.8% |
| Deferred charges and accrued income | 490/1 | - | €423 | +€423 | |
| Total equity and liabilities | 10/49 | €151,098 | €130,901 | -€20,197 | -13.4% |
| Equity | 10/15 | €59,725 | €52,555 | -€7,170 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,125 | €33,955 | -€7,170 | -17.4% |
| Distributable reserves | 133 | €41,125 | €33,955 | -€7,170 | -17.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €91,373 | €78,346 | -€13,027 | -14.3% |
| Amounts payable after more than one year | 17 | €32,883 | €17,372 | -€15,511 | -47.2% |
| Financial debts | 170/4 | €32,883 | €17,372 | -€15,511 | -47.2% |
| Amounts payable within one year | 42/48 | €58,490 | €60,974 | +€2,484 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €18,544 | €15,511 | -€3,033 | -16.4% |
| Financial debts | 43 | €25,000 | €35,760 | +€10,760 | +43.0% |
| Credit institutions | 430/8 | - | €1,760 | +€1,760 | |
| Other loans | 439 | €25,000 | €34,000 | +€9,000 | +36.0% |
| Trade debts | 44 | €5,931 | €635 | -€5,296 | -89.3% |
| Suppliers | 440/4 | €5,931 | €635 | -€5,296 | -89.3% |
| Taxes, remuneration and social security | 45 | €9,015 | €6,328 | -€2,688 | -29.8% |
| Taxes | 450/3 | €9,015 | €6,328 | -€2,688 | -29.8% |
| Other amounts payable | 47/48 | - | €2,741 | +€2,741 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,190 | €18,674 | +€1,483 | +8.6% |
| Other operating charges | 640/8 | €1,261 | €924 | -€337 | -26.7% |
| Gross operating margin | 9900 | €31,826 | €25,560 | -€6,266 | -19.7% |
| Operating profit (loss) | 9901 | €13,374 | €5,962 | -€7,412 | -55.4% |
| Financial income | 75/76B | €94 | €70 | -€24 | -25.7% |
| Recurring financial income | 75 | €94 | €70 | -€24 | -25.7% |
| Financial charges | 65/66B | €3,029 | €2,796 | -€234 | -7.7% |
| Recurring financial charges | 65 | €3,029 | €2,796 | -€234 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €10,438 | €3,236 | -€7,202 | -69.0% |
| Income taxes | 67/77 | €4,444 | €3,138 | -€1,305 | -29.4% |
| Profit (loss) for the period | 9904 | €5,995 | €98 | -€5,897 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,995 | €98 | -€5,897 | -98.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.