CHORON (BELGIUM): what changed
What changed
CHORON (BELGIUM)
NACE 46.861, Wholesale of diamonds and other precious stones
filed annual accounts (NBB)
Net result for the year
€3.8m
2023 · €228,915+€3.6m
Equity
€621,010
2023 · -€3.2m+€3.8m
Cash
€14,856
2023 · €65,857-€51,001
Balance sheet total
€56.6m
2023 · €18.9m+€37.8m
Largest movements
Assets
- Receivables within one year +€42.5m
up €42.5m (+467%), from €9.1m to €51.5m
of which Trade receivables: +€42.5m
- Stocks and contracts -€4.6m
down €4.6m (-47.7%), from €9.7m to €5.1m
Equity and liabilities
- Debts after one year +€43.5m
up €43.5m (+435%), from €10.0m to €53.5m
- Current portion of long-term debt -€10.0m
no longer reported in 2024 (was €10.0m)
- Profit (loss) carried forward +€3.8m
up €3.8m, from -€3.2m to €596,010
- Accrued charges and deferred income +€832,505
up €832,505 (+806%), from €103,333 to €935,838
Income statement
- Goods and materials -€104.2m
down €104.2m (-69.1%), from €150.7m to €46.5m
- Turnover -€102.6m
down €102.6m (-64.8%), from €158.3m to €55.7m
- Financial charges -€1.9m
down €1.9m (-27.8%), from €6.8m to €4.9m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€228,915
Turnover
-€102.6m
Other operating income
-€4,760
Goods and materials
+€104.2m
Services and other goods
-€82,321
Staff costs
-€103,281
Write-downs
-€45,433
Other operating charges
+€56,731
Financial income
+€23,027
Financial charges
+€1.9m
Taxes
+€165,910
Result 2024
€3.8m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€33.5m
Investment
€0
Financing
+€33.5m
Cash 2023
€65,857
From operations (derived)
-€33.5m
Net result for the year
+€3.8m
Stocks and contracts
+€4.6m
Receivables within one year
-€42.5m
Trade debts
-€82,789
Tax, wage and social debts
-€260,685
Accrued charges and deferred income
+€832,505
Financing
+€33.5m
Debts after one year
+€43.5m
Current portion of long-term debt
-€10.0m
Short-term financial debts
-€1,538
Cash 2024
€14,856
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,865,951 | €56,639,864 | +€37.8m | +200% |
| Current assets | 29/58 | €18,865,951 | €56,639,864 | +€37.8m | +200% |
| Stocks and contracts in progress | 3 | €9,717,924 | €5,087,246 | -€4.6m | -47.7% |
| Stocks | 30/36 | €9,717,924 | €5,087,246 | -€4.6m | -47.7% |
| Goods purchased for resale | 34 | €9,717,924 | €5,087,246 | -€4.6m | -47.7% |
| Amounts receivable within one year | 40/41 | €9,082,170 | €51,537,762 | +€42.5m | +467% |
| Trade receivables | 40 | €9,070,451 | €51,531,930 | +€42.5m | +468% |
| Other amounts receivable | 41 | €11,719 | €5,832 | -€5,887 | -50.2% |
| Cash at bank and in hand | 54/58 | €65,857 | €14,856 | -€51,001 | -77.4% |
| Total equity and liabilities | 10/49 | €18,865,951 | €56,639,864 | +€37.8m | +200% |
| Equity | 10/15 | -€3,170,410 | €621,010 | +€3.8m | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,195,410 | €596,010 | +€3.8m | |
| Amounts payable | 17/49 | €22,036,361 | €56,018,854 | +€34.0m | +154% |
| Amounts payable after more than one year | 17 | €10,000,000 | €53,495,000 | +€43.5m | +435% |
| Financial debts | 170/4 | €10,000,000 | €53,495,000 | +€43.5m | +435% |
| Subordinated loans | 170 | €10,000,000 | €13,495,000 | +€3.5m | +35.0% |
| Other loans | 174 | - | €40,000,000 | +€40.0m | |
| Amounts payable within one year | 42/48 | €11,933,028 | €1,588,016 | -€10.3m | -86.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000,000 | - | -€10.0m | |
| Financial debts | 43 | €1,538 | - | -€1,538 | |
| Credit institutions | 430/8 | €1,538 | - | -€1,538 | |
| Trade debts | 44 | €1,269,498 | €1,186,709 | -€82,789 | -6.5% |
| Suppliers | 440/4 | €1,269,498 | €1,186,709 | -€82,789 | -6.5% |
| Taxes, remuneration and social security | 45 | €656,003 | €395,318 | -€260,685 | -39.7% |
| Taxes | 450/3 | €656,003 | €393,975 | -€262,028 | -39.9% |
| Remuneration and social security | 454/9 | - | €1,343 | +€1,343 | |
| Other amounts payable | 47/48 | €5,989 | €5,989 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €103,333 | €935,838 | +€832,505 | +806% |
| Operating income | 70/76A | €158,287,720 | €55,726,419 | -€102.6m | -64.8% |
| Turnover | 70 | €158,282,960 | €55,726,419 | -€102.6m | -64.8% |
| Other operating income | 74 | €4,760 | - | -€4,760 | |
| Operating charges | 60/66A | €150,993,933 | €46,943,062 | -€104.1m | -68.9% |
| Goods for resale, raw materials and consumables | 60 | €150,724,172 | €46,498,997 | -€104.2m | -69.1% |
| Change in stocks: decrease (increase) | 609 | €69,005,784 | €4,630,678 | -€64.4m | -93.3% |
| Services and other goods | 61 | €235,637 | €317,958 | +€82,321 | +34.9% |
| Remuneration, social security and pensions | 62 | €16,442 | €119,723 | +€103,281 | +628% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€45,433 | - | +€45,433 | |
| Other operating charges | 640/8 | €63,115 | €6,384 | -€56,731 | -89.9% |
| Operating profit (loss) | 9901 | €7,293,787 | €8,783,357 | +€1.5m | +20.4% |
| Recurring financial income | 75 | €7,572 | €30,599 | +€23,027 | +304% |
| Other financial income | 752/9 | €7,572 | €30,599 | +€23,027 | +304% |
| Financial charges | 65/66B | €6,784,114 | €4,900,116 | -€1.9m | -27.8% |
| Recurring financial charges | 65 | €6,784,114 | €4,900,116 | -€1.9m | -27.8% |
| Debt charges | 650 | €6,298,738 | €4,332,028 | -€2.0m | -31.2% |
| Other financial charges | 652/9 | €485,376 | €568,088 | +€82,712 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €517,245 | €3,913,840 | +€3.4m | +657% |
| Income taxes | 67/77 | €288,330 | €122,420 | -€165,910 | -57.5% |
| Taxes | 670/3 | €288,330 | €122,420 | -€165,910 | -57.5% |
| Profit (loss) for the period | 9904 | €228,915 | €3,791,420 | +€3.6m | +1,556% |
| Profit (loss) for the period to be appropriated | 9905 | €228,915 | €3,791,420 | +€3.6m | +1,556% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.