Chopard Belgique: 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.
Chopard Belgique
Largest movements
- Receivables within one year +€372,232
up €372,232 (+72.8%), from €511,646 to €883,877
- Cash +€234,272
up €234,272 (+141%), from €166,699 to €400,970
mainly Trade debts (+€496,861) and Tax, wage and social debts (+€53,125)
- Financial fixed assets -€20,000
down €20,000 (-9.5%), from €210,463 to €190,463
- Tangible fixed assets -€15,826
down €15,826 (-100%), from €15,826 to €0
- Trade debts +€496,861
up €496,861 (+163%), from €304,018 to €800,879
- Tax, wage and social debts +€53,125
up €53,125 (+42.9%), from €123,876 to €177,001
of which Remuneration and social security: +€88,495
- Profit (loss) carried forward +€22,910
up €22,910 (+22.7%), from €100,724 to €123,633
- Turnover -€492,314
down €492,314 (-21.8%), from €2.3m to €1.8m
- Purchases and services -€177,864
down €177,864 (-10.6%), from €1.7m to €1.5m
- Depreciation -€92,166
down €92,166 (-85.3%), from €107,991 to €15,826
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 | €934,123 | €1,507,018 | +€572,895 | +61.3% |
| Fixed assets | 21/28 | €226,289 | €190,463 | -€35,826 | -15.8% |
| Tangible fixed assets | 22/27 | €15,826 | €0 | -€15,826 | -100% |
| Plant, machinery and equipment | 23 | €15,826 | €0 | -€15,826 | -100% |
| Financial fixed assets | 28 | €210,463 | €190,463 | -€20,000 | -9.5% |
| Current assets | 29/58 | €707,834 | €1,316,555 | +€608,721 | +86.0% |
| Amounts receivable within one year | 40/41 | €511,646 | €883,877 | +€372,232 | +72.8% |
| Trade receivables | 40 | €511,646 | €883,877 | +€372,232 | +72.8% |
| Cash at bank and in hand | 54/58 | €166,699 | €400,970 | +€234,272 | +141% |
| Deferred charges and accrued income | 490/1 | €29,490 | €31,707 | +€2,217 | +7.5% |
| Total equity and liabilities | 10/49 | €934,123 | €1,507,018 | +€572,895 | +61.3% |
| Equity | 10/15 | €506,228 | €529,138 | +€22,910 | +4.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €5,505 | €5,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,505 | €5,505 | = | 0.0% |
| Legal reserve | 130 | €5,505 | €5,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,724 | €123,633 | +€22,910 | +22.7% |
| Amounts payable | 17/49 | €427,894 | €977,880 | +€549,985 | +129% |
| Amounts payable within one year | 42/48 | €427,894 | €977,880 | +€549,985 | +129% |
| Trade debts | 44 | €304,018 | €800,879 | +€496,861 | +163% |
| Suppliers | 440/4 | €304,018 | €800,879 | +€496,861 | +163% |
| Taxes, remuneration and social security | 45 | €123,876 | €177,001 | +€53,125 | +42.9% |
| Taxes | 450/3 | €68,224 | €32,854 | -€35,370 | -51.8% |
| Remuneration and social security | 454/9 | €55,652 | €144,147 | +€88,495 | +159% |
| Turnover | 70 | €2,254,981 | €1,762,667 | -€492,314 | -21.8% |
| Non-recurring operating income | 76A | - | €300,000 | +€300,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,672,272 | €1,494,407 | -€177,864 | -10.6% |
| Remuneration, social security and pensions | 62 | €413,964 | €400,295 | -€13,669 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,991 | €15,826 | -€92,166 | -85.3% |
| Other operating charges | 640/8 | €5,353 | €4,690 | -€662 | -12.4% |
| Non-recurring operating charges | 66A | - | €101,340 | +€101,340 | |
| Gross operating margin | 9900 | €583,474 | €568,628 | -€14,846 | -2.5% |
| Operating profit (loss) | 9901 | €56,166 | €46,478 | -€9,688 | -17.2% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €27,026 | €23,684 | -€3,343 | -12.4% |
| Recurring financial charges | 65 | €27,026 | €23,684 | -€3,343 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €29,140 | €22,910 | -€6,230 | -21.4% |
| Profit (loss) for the period | 9904 | €29,140 | €22,910 | -€6,230 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,140 | €22,910 | -€6,230 | -21.4% |
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 15 October 2026 via checked.be.