CHOCOLATES & HAPPINESS: 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.
CHOCOLATES & HAPPINESS
Largest movements
- Current investments +€155,000
up €155,000 (+77.5%), from €200,000 to €355,000
- Cash +€37,335
up €37,335 (+36.8%), from €101,347 to €138,681
mainly Net result for the year (+€127,478) and Tax, wage and social debts (+€50,613)
- Tangible fixed assets -€22,888
down €22,888 (-17.6%), from €129,756 to €106,868
- Stocks and contracts +€11,579
up €11,579 (+47.4%), from €24,440 to €36,020
- Reserves +€127,478
up €127,478 (+66.8%), from €190,814 to €318,293
- Tax, wage and social debts +€50,613
up €50,613 (+61.6%), from €82,098 to €132,712
of which Taxes: +€41,081
- Gross operating margin -€99,979
down €99,979 (-27.8%), from €359,670 to €259,691
- Taxes -€28,774
down €28,774 (-39.4%), from €73,052 to €44,278
- Staff costs +€9,379
up €9,379 (+24.7%), from €38,042 to €47,421
- Depreciation -€6,560
down €6,560 (-14.6%), from €45,069 to €38,509
- Financial income +€5,421
up €5,421 (+302%), from €1,794 to €7,215
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 | €470,912 | €652,252 | +€181,341 | +38.5% |
| Fixed assets | 21/28 | €129,756 | €106,868 | -€22,888 | -17.6% |
| Tangible fixed assets | 22/27 | €129,756 | €106,868 | -€22,888 | -17.6% |
| Plant, machinery and equipment | 23 | €129,756 | €106,868 | -€22,888 | -17.6% |
| Current assets | 29/58 | €341,155 | €545,384 | +€204,229 | +59.9% |
| Stocks and contracts in progress | 3 | €24,440 | €36,020 | +€11,579 | +47.4% |
| Stocks | 30/36 | €24,440 | €36,020 | +€11,579 | +47.4% |
| Amounts receivable within one year | 40/41 | €15,368 | €15,683 | +€315 | +2.0% |
| Trade receivables | 40 | €3,227 | €576 | -€2,651 | -82.2% |
| Other amounts receivable | 41 | €12,142 | €15,108 | +€2,966 | +24.4% |
| Current investments | 50/53 | €200,000 | €355,000 | +€155,000 | +77.5% |
| Cash at bank and in hand | 54/58 | €101,347 | €138,681 | +€37,335 | +36.8% |
| Total equity and liabilities | 10/49 | €470,912 | €652,252 | +€181,341 | +38.5% |
| Equity | 10/15 | €205,814 | €333,293 | +€127,478 | +61.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €190,814 | €318,293 | +€127,478 | +66.8% |
| Distributable reserves | 133 | €190,814 | €318,293 | +€127,478 | +66.8% |
| Amounts payable | 17/49 | €265,097 | €318,960 | +€53,863 | +20.3% |
| Amounts payable within one year | 42/48 | €265,097 | €318,960 | +€53,863 | +20.3% |
| Trade debts | 44 | €1,207 | €1,766 | +€559 | +46.3% |
| Suppliers | 440/4 | €1,207 | €1,766 | +€559 | +46.3% |
| Advances received on contracts in progress | 46 | €97 | - | -€97 | |
| Taxes, remuneration and social security | 45 | €82,098 | €132,712 | +€50,613 | +61.6% |
| Taxes | 450/3 | €77,573 | €118,654 | +€41,081 | +53.0% |
| Remuneration and social security | 454/9 | €4,525 | €14,058 | +€9,533 | +211% |
| Other amounts payable | 47/48 | €181,695 | €184,482 | +€2,787 | +1.5% |
| Remuneration, social security and pensions | 62 | €38,042 | €47,421 | +€9,379 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,069 | €38,509 | -€6,560 | -14.6% |
| Other operating charges | 640/8 | €4,703 | €2,612 | -€2,091 | -44.5% |
| Gross operating margin | 9900 | €359,670 | €259,691 | -€99,979 | -27.8% |
| Operating profit (loss) | 9901 | €271,855 | €171,149 | -€100,706 | -37.0% |
| Financial income | 75/76B | €1,794 | €7,215 | +€5,421 | +302% |
| Recurring financial income | 75 | €1,794 | €7,215 | +€5,421 | +302% |
| Financial charges | 65/66B | €9,783 | €6,608 | -€3,175 | -32.5% |
| Recurring financial charges | 65 | €9,783 | €6,608 | -€3,175 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €263,866 | €171,756 | -€92,110 | -34.9% |
| Income taxes | 67/77 | €73,052 | €44,278 | -€28,774 | -39.4% |
| Profit (loss) for the period | 9904 | €190,814 | €127,478 | -€63,336 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €190,814 | €127,478 | -€63,336 | -33.2% |
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 20 October 2026 via checked.be.