In Choc: 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.
In Choc
Largest movements
- Cash +€13,364
up €13,364 (+74.9%), from €17,832 to €31,195
mainly Depreciation (+€13,666) and Net result for the year (+€6,664)
- Tangible fixed assets -€9,556
down €9,556 (-22.4%), from €42,604 to €33,048
of which Furniture and vehicles: -€6,437
- Current investments -€4,729
down €4,729 (-21.4%), from €22,140 to €17,410
- Stocks and contracts +€1,310
up €1,310 (+13.9%), from €9,411 to €10,721
- Profit (loss) carried forward +€6,664
up €6,664 (+14.2%), from €46,963 to €53,627
- Debts after one year -€4,024
down €4,024 (-35.5%), from €11,334 to €7,310
- Trade debts -€2,011
down €2,011 (-16.3%), from €12,355 to €10,343
- Tax, wage and social debts -€1,704
down €1,704 (-28.5%), from €5,984 to €4,279
of which Taxes: -€1,666
- Gross operating margin -€6,249
down €6,249 (-16.7%), from €37,350 to €31,101
- Taxes -€3,241
down €3,241 (-67.0%), from €4,840 to €1,598
- Financial charges -€2,770
down €2,770 (-65.7%), from €4,215 to €1,445
- Staff costs +€2,292
up €2,292 (+45.5%), from €5,036 to €7,327
- Depreciation +€820
up €820 (+6.4%), from €12,846 to €13,666
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.
Cash bridge derived
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 | €115,887 | €115,090 | -€797 | -0.7% |
| Fixed assets | 21/28 | €44,372 | €34,314 | -€10,058 | -22.7% |
| Intangible fixed assets | 21 | €1,468 | €966 | -€502 | -34.2% |
| Tangible fixed assets | 22/27 | €42,604 | €33,048 | -€9,556 | -22.4% |
| Land and buildings | 22 | €4,680 | €2,597 | -€2,083 | -44.5% |
| Plant, machinery and equipment | 23 | €20,895 | €16,403 | -€4,492 | -21.5% |
| Furniture and vehicles | 24 | €17,028 | €10,591 | -€6,437 | -37.8% |
| Other tangible fixed assets | 26 | - | €3,457 | +€3,457 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €71,516 | €80,777 | +€9,261 | +12.9% |
| Stocks and contracts in progress | 3 | €9,411 | €10,721 | +€1,310 | +13.9% |
| Stocks | 30/36 | €9,411 | €10,721 | +€1,310 | +13.9% |
| Amounts receivable within one year | 40/41 | €21,121 | €21,450 | +€329 | +1.6% |
| Trade receivables | 40 | €10,101 | €7,265 | -€2,836 | -28.1% |
| Other amounts receivable | 41 | €11,019 | €14,185 | +€3,165 | +28.7% |
| Current investments | 50/53 | €22,140 | €17,410 | -€4,729 | -21.4% |
| Cash at bank and in hand | 54/58 | €17,832 | €31,195 | +€13,364 | +74.9% |
| Deferred charges and accrued income | 490/1 | €1,012 | €0 | -€1,012 | -100.0% |
| Total equity and liabilities | 10/49 | €115,887 | €115,090 | -€797 | -0.7% |
| Equity | 10/15 | €56,963 | €63,627 | +€6,664 | +11.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,963 | €53,627 | +€6,664 | +14.2% |
| Amounts payable | 17/49 | €58,924 | €51,463 | -€7,461 | -12.7% |
| Amounts payable after more than one year | 17 | €11,334 | €7,310 | -€4,024 | -35.5% |
| Financial debts | 170/4 | €11,334 | €7,310 | -€4,024 | -35.5% |
| Amounts payable within one year | 42/48 | €47,590 | €44,153 | -€3,437 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €3,917 | €4,024 | +€107 | +2.7% |
| Trade debts | 44 | €12,355 | €10,343 | -€2,011 | -16.3% |
| Suppliers | 440/4 | €12,355 | €10,343 | -€2,011 | -16.3% |
| Taxes, remuneration and social security | 45 | €5,984 | €4,279 | -€1,704 | -28.5% |
| Taxes | 450/3 | €5,946 | €4,279 | -€1,666 | -28.0% |
| Remuneration and social security | 454/9 | €38 | €0 | -€38 | -100.0% |
| Other amounts payable | 47/48 | €25,334 | €25,506 | +€172 | +0.7% |
| Remuneration, social security and pensions | 62 | €5,036 | €7,327 | +€2,292 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,846 | €13,666 | +€820 | +6.4% |
| Other operating charges | 640/8 | €1,467 | €1,259 | -€208 | -14.2% |
| Gross operating margin | 9900 | €37,350 | €31,101 | -€6,249 | -16.7% |
| Operating profit (loss) | 9901 | €18,002 | €8,849 | -€9,153 | -50.8% |
| Financial income | 75/76B | €161 | €858 | +€697 | +433.7% |
| Recurring financial income | 75 | €161 | €858 | +€697 | +433.7% |
| Financial charges | 65/66B | €4,215 | €1,445 | -€2,770 | -65.7% |
| Recurring financial charges | 65 | €4,215 | €1,445 | -€2,770 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €13,948 | €8,262 | -€5,686 | -40.8% |
| Income taxes | 67/77 | €4,840 | €1,598 | -€3,241 | -67.0% |
| Profit (loss) for the period | 9904 | €9,108 | €6,664 | -€2,444 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,108 | €6,664 | -€2,444 | -26.8% |
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 12 October 2026 via checked.be.