HOT CHOCOLATE: 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.
HOT CHOCOLATE
Largest movements
- Cash +€35,184
up €35,184 (+41.6%), from €84,620 to €119,804
mainly Net result for the year (+€46,143) and Depreciation (+€33,925)
- Tangible fixed assets -€24,645
down €24,645 (-33.3%), from €73,963 to €49,318
of which Other tangible fixed assets: -€15,534
- Receivables within one year +€4,962
up €4,962 (+279%), from €1,780 to €6,742
of which Other amounts receivable: +€4,700
- Intangible fixed assets -€4,000
down €4,000 (-14.6%), from €27,386 to €23,386
- Stocks and contracts -€2,769
down €2,769 (-4.8%), from €57,452 to €54,683
- Reserves +€40,100
up €40,100 (+81.0%), from €49,500 to €89,600
- Debts after one year -€25,568
down €25,568 (-22.5%), from €113,849 to €88,281
- Current portion of long-term debt -€12,709
down €12,709 (-33.2%), from €38,277 to €25,568
- Tax, wage and social debts +€4,696
up €4,696 (+21.9%), from €21,421 to €26,117
of which Taxes: +€3,034
- Gross operating margin +€57,552
up €57,552 (+31.5%), from €182,537 to €240,089
- Taxes +€14,267
up €14,267 (+188%), from €7,594 to €21,861
- Staff costs +€9,783
up €9,783 (+7.8%), from €125,226 to €135,009
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 | €245,579 | €254,226 | +€8,647 | +3.5% |
| Fixed assets | 21/28 | €101,349 | €72,704 | -€28,645 | -28.3% |
| Intangible fixed assets | 21 | €27,386 | €23,386 | -€4,000 | -14.6% |
| Tangible fixed assets | 22/27 | €73,963 | €49,318 | -€24,645 | -33.3% |
| Furniture and vehicles | 24 | €12,883 | €8,360 | -€4,523 | -35.1% |
| Leasing and similar rights | 25 | €10,560 | €5,972 | -€4,588 | -43.4% |
| Other tangible fixed assets | 26 | €50,520 | €34,986 | -€15,534 | -30.7% |
| Current assets | 29/58 | €144,230 | €181,522 | +€37,292 | +25.9% |
| Stocks and contracts in progress | 3 | €57,452 | €54,683 | -€2,769 | -4.8% |
| Stocks | 30/36 | €57,452 | €54,683 | -€2,769 | -4.8% |
| Amounts receivable within one year | 40/41 | €1,780 | €6,742 | +€4,962 | +279% |
| Trade receivables | 40 | €865 | €1,127 | +€262 | +30.3% |
| Other amounts receivable | 41 | €915 | €5,615 | +€4,700 | +514% |
| Cash at bank and in hand | 54/58 | €84,620 | €119,804 | +€35,184 | +41.6% |
| Deferred charges and accrued income | 490/1 | €378 | €293 | -€85 | -22.5% |
| Total equity and liabilities | 10/49 | €245,579 | €254,226 | +€8,647 | +3.5% |
| Equity | 10/15 | €62,259 | €102,401 | +€40,142 | +64.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €49,500 | €89,600 | +€40,100 | +81.0% |
| Distributable reserves | 133 | €49,500 | €89,600 | +€40,100 | +81.0% |
| Profit (loss) carried forward | 14 | €359 | €401 | +€42 | +11.7% |
| Amounts payable | 17/49 | €183,320 | €151,825 | -€31,495 | -17.2% |
| Amounts payable after more than one year | 17 | €113,849 | €88,281 | -€25,568 | -22.5% |
| Financial debts | 170/4 | €113,849 | €88,281 | -€25,568 | -22.5% |
| Amounts payable within one year | 42/48 | €67,718 | €61,791 | -€5,927 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €38,277 | €25,568 | -€12,709 | -33.2% |
| Trade debts | 44 | €2,610 | €4,106 | +€1,496 | +57.3% |
| Suppliers | 440/4 | €2,610 | €4,106 | +€1,496 | +57.3% |
| Taxes, remuneration and social security | 45 | €21,421 | €26,117 | +€4,696 | +21.9% |
| Taxes | 450/3 | €1,820 | €4,854 | +€3,034 | +167% |
| Remuneration and social security | 454/9 | €19,601 | €21,263 | +€1,662 | +8.5% |
| Other amounts payable | 47/48 | €5,410 | €6,000 | +€590 | +10.9% |
| Accrued charges and deferred income | 492/3 | €1,753 | €1,753 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €125,226 | €135,009 | +€9,783 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,869 | €33,925 | +€1,056 | +3.2% |
| Other operating charges | 640/8 | €679 | €939 | +€260 | +38.3% |
| Gross operating margin | 9900 | €182,537 | €240,089 | +€57,552 | +31.5% |
| Operating profit (loss) | 9901 | €23,763 | €70,216 | +€46,453 | +195% |
| Financial income | 75/76B | €63 | €114 | +€51 | +81.0% |
| Recurring financial income | 75 | €63 | €114 | +€51 | +81.0% |
| Financial charges | 65/66B | €3,205 | €2,326 | -€879 | -27.4% |
| Recurring financial charges | 65 | €3,205 | €2,326 | -€879 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €20,621 | €68,004 | +€47,383 | +230% |
| Income taxes | 67/77 | €7,594 | €21,861 | +€14,267 | +188% |
| Profit (loss) for the period | 9904 | €13,027 | €46,143 | +€33,116 | +254% |
| Profit (loss) for the period to be appropriated | 9905 | €13,027 | €46,143 | +€33,116 | +254% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.