Chocolate and More: what changed
Chocolate and More
Largest movements
- Cash +€16,886
up €16,886 (+56.7%), from €29,755 to €46,640
mainly Debts after one year (+€76,936) and Tax, wage and social debts (+€15,123)
- Receivables within one year -€7,627
down €7,627 (-65.6%), from €11,625 to €3,998
of which Trade receivables: -€11,164
- Tangible fixed assets -€4,594
down €4,594 (-4.3%), from €106,687 to €102,094
of which Land and buildings: -€3,541
- Deferred charges and accrued income +€2,207
new in 2025: €2,207
- Stocks and contracts +€2,076
up €2,076 (+10.0%), from €20,738 to €22,814
- Debts after one year +€76,936
up €76,936 (+461%), from €16,697 to €93,633
- Short-term financial debts -€54,668
no longer reported in 2025 (was €54,668)
- Tax, wage and social debts +€15,123
up €15,123 (+61.6%), from €24,535 to €39,658
of which Taxes: +€18,588
- Profit (loss) carried forward -€13,378
down €13,378 (-67.2%), from -€19,912 to -€33,291
- Trade debts -€11,684
down €11,684 (-15.3%), from €76,432 to €64,747
- Gross operating margin +€124,288
up €124,288 (+462%), from €26,922 to €151,210
- Staff costs +€108,921
up €108,921 (+543%), from €20,076 to €128,997
- Financial charges +€9,567
up €9,567 (+158%), from €6,057 to €15,624
- Other operating charges -€7,837
down €7,837 (-43.5%), from €18,034 to €10,197
- Depreciation +€6,859
up €6,859 (+231%), from €2,971 to €9,831
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 | €172,554 | €181,503 | +€8,948 | +5.2% |
| Fixed assets | 21/28 | €110,437 | €105,844 | -€4,594 | -4.2% |
| Tangible fixed assets | 22/27 | €106,687 | €102,094 | -€4,594 | -4.3% |
| Land and buildings | 22 | €95,265 | €91,724 | -€3,541 | -3.7% |
| Plant, machinery and equipment | 23 | €3,502 | €2,571 | -€931 | -26.6% |
| Furniture and vehicles | 24 | €7,921 | €7,799 | -€122 | -1.5% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €62,117 | €75,659 | +€13,542 | +21.8% |
| Stocks and contracts in progress | 3 | €20,738 | €22,814 | +€2,076 | +10.0% |
| Stocks | 30/36 | €20,738 | €22,814 | +€2,076 | +10.0% |
| Amounts receivable within one year | 40/41 | €11,625 | €3,998 | -€7,627 | -65.6% |
| Trade receivables | 40 | €11,625 | €461 | -€11,164 | -96.0% |
| Other amounts receivable | 41 | - | €3,538 | +€3,538 | |
| Cash at bank and in hand | 54/58 | €29,755 | €46,640 | +€16,886 | +56.7% |
| Deferred charges and accrued income | 490/1 | - | €2,207 | +€2,207 | |
| Total equity and liabilities | 10/49 | €172,554 | €181,503 | +€8,948 | +5.2% |
| Equity | 10/15 | -€11,997 | -€25,376 | -€13,378 | -112% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,915 | €2,915 | = | 0.0% |
| Distributable reserves | 133 | €2,915 | €2,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,912 | -€33,291 | -€13,378 | -67.2% |
| Amounts payable | 17/49 | €184,552 | €206,878 | +€22,327 | +12.1% |
| Amounts payable after more than one year | 17 | €16,697 | €93,633 | +€76,936 | +461% |
| Financial debts | 170/4 | €16,697 | €93,633 | +€76,936 | +461% |
| Amounts payable within one year | 42/48 | €167,855 | €112,128 | -€55,727 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €10,375 | €7,723 | -€2,653 | -25.6% |
| Financial debts | 43 | €54,668 | - | -€54,668 | |
| Credit institutions | 430/8 | €54,668 | - | -€54,668 | |
| Trade debts | 44 | €76,432 | €64,747 | -€11,684 | -15.3% |
| Suppliers | 440/4 | €76,432 | €64,747 | -€11,684 | -15.3% |
| Taxes, remuneration and social security | 45 | €24,535 | €39,658 | +€15,123 | +61.6% |
| Taxes | 450/3 | €7,615 | €26,203 | +€18,588 | +244% |
| Remuneration and social security | 454/9 | €16,920 | €13,455 | -€3,465 | -20.5% |
| Other amounts payable | 47/48 | €1,846 | - | -€1,846 | |
| Accrued charges and deferred income | 492/3 | - | €1,118 | +€1,118 | |
| Remuneration, social security and pensions | 62 | €20,076 | €128,997 | +€108,921 | +543% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,971 | €9,831 | +€6,859 | +231% |
| Other operating charges | 640/8 | €18,034 | €10,197 | -€7,837 | -43.5% |
| Gross operating margin | 9900 | €26,922 | €151,210 | +€124,288 | +462% |
| Operating profit (loss) | 9901 | -€14,159 | €2,186 | +€16,345 | |
| Financial income | 75/76B | €303 | €59 | -€244 | -80.5% |
| Recurring financial income | 75 | €303 | €59 | -€244 | -80.5% |
| Financial charges | 65/66B | €6,057 | €15,624 | +€9,567 | +158% |
| Recurring financial charges | 65 | €6,057 | €15,624 | +€9,567 | +158% |
| Profit (loss) for the period before taxes | 9903 | -€19,912 | -€13,378 | +€6,534 | +32.8% |
| Profit (loss) for the period | 9904 | -€19,912 | -€13,378 | +€6,534 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,912 | -€13,378 | +€6,534 | +32.8% |
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 7 November 2026 via checked.be.