KLINGELE CHOCOLADE: 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.
KLINGELE CHOCOLADE
Largest movements
- Stocks and contracts +€951,880
up €951,880 (+67.4%), from €1.4m to €2.4m
- Tangible fixed assets -€575,256
down €575,256 (-6.0%), from €9.5m to €8.9m
of which Plant, machinery and equipment: -€334,568
- Receivables within one year +€252,729
up €252,729 (+20.3%), from €1.2m to €1.5m
of which Trade receivables: +€230,052
- Cash +€201,818
up €201,818 (+2171.4%), from €9,295 to €211,112
mainly Trade debts (+€1.2m) and Depreciation (+€932,234)
- Trade debts +€1.2m
up €1.2m (+133.5%), from €887,442 to €2.1m
- Debts after one year -€688,430
down €688,430 (-18.4%), from €3.8m to €3.1m
- Profit (loss) carried forward +€271,390
up €271,390 (+7.1%), from €3.8m to €4.1m
- Current portion of long-term debt -€255,954
down €255,954 (-21.8%), from €1.2m to €917,484
- Short-term financial debts +€250,000
up €250,000 (+19.2%), from €1.3m to €1.6m
- Gross operating margin -€436,400
down €436,400 (-12.2%), from €3.6m to €3.1m
- Staff costs +€80,651
up €80,651 (+5.0%), from €1.6m to €1.7m
- Taxes -€59,020
down €59,020 (-61.1%), from €96,561 to €37,541
- Depreciation +€47,844
up €47,844 (+5.4%), from €884,390 to €932,234
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 | €12,191,370 | €13,019,075 | +€827,705 | +6.8% |
| Fixed assets | 21/28 | €9,521,474 | €8,942,753 | -€578,722 | -6.1% |
| Intangible fixed assets | 21 | €4,391 | €925 | -€3,466 | -78.9% |
| Tangible fixed assets | 22/27 | €9,517,083 | €8,941,827 | -€575,256 | -6.0% |
| Land and buildings | 22 | €8,128,822 | €7,867,577 | -€261,245 | -3.2% |
| Plant, machinery and equipment | 23 | €1,381,742 | €1,047,174 | -€334,568 | -24.2% |
| Furniture and vehicles | 24 | €6,519 | €27,076 | +€20,557 | +315.4% |
| Current assets | 29/58 | €2,669,896 | €4,076,323 | +€1.4m | +52.7% |
| Stocks and contracts in progress | 3 | €1,413,120 | €2,365,000 | +€951,880 | +67.4% |
| Stocks | 30/36 | €1,413,120 | €2,365,000 | +€951,880 | +67.4% |
| Amounts receivable within one year | 40/41 | €1,247,482 | €1,500,210 | +€252,729 | +20.3% |
| Trade receivables | 40 | €1,203,219 | €1,433,270 | +€230,052 | +19.1% |
| Other amounts receivable | 41 | €44,263 | €66,940 | +€22,677 | +51.2% |
| Cash at bank and in hand | 54/58 | €9,295 | €211,112 | +€201,818 | +2171.4% |
| Total equity and liabilities | 10/49 | €12,191,370 | €13,019,075 | +€827,705 | +6.8% |
| Equity | 10/15 | €4,611,635 | €4,880,984 | +€269,349 | +5.8% |
| Contributions | 10/11 | €201,000 | €201,000 | = | 0.0% |
| Capital | 10 | €201,000 | €201,000 | = | 0.0% |
| Issued capital | 100 | €201,000 | €201,000 | = | 0.0% |
| Revaluation surpluses | 12 | €233,350 | €216,100 | -€17,250 | -7.4% |
| Reserves | 13 | €332,100 | €349,350 | +€17,250 | +5.2% |
| Non-distributable reserves | 130/1 | €313,350 | €330,600 | +€17,250 | +5.5% |
| Legal reserve | 130 | €20,100 | €20,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €293,250 | €310,500 | +€17,250 | +5.9% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,813,217 | €4,084,607 | +€271,390 | +7.1% |
| Investment grants | 15 | €31,968 | €29,927 | -€2,041 | -6.4% |
| Provisions and deferred taxes | 16 | €16,468 | €15,417 | -€1,051 | -6.4% |
| Deferred taxes | 168 | €16,468 | €15,417 | -€1,051 | -6.4% |
| Amounts payable | 17/49 | €7,563,267 | €8,122,675 | +€559,408 | +7.4% |
| Amounts payable after more than one year | 17 | €3,751,307 | €3,062,878 | -€688,430 | -18.4% |
| Financial debts | 170/4 | €3,751,307 | €3,062,878 | -€688,430 | -18.4% |
| Amounts payable within one year | 42/48 | €3,809,710 | €5,057,547 | +€1.2m | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €1,173,438 | €917,484 | -€255,954 | -21.8% |
| Financial debts | 43 | €1,300,000 | €1,550,000 | +€250,000 | +19.2% |
| Credit institutions | 430/8 | €1,300,000 | €1,550,000 | +€250,000 | +19.2% |
| Trade debts | 44 | €887,442 | €2,072,241 | +€1.2m | +133.5% |
| Suppliers | 440/4 | €887,442 | €2,072,241 | +€1.2m | +133.5% |
| Taxes, remuneration and social security | 45 | €225,929 | €286,417 | +€60,488 | +26.8% |
| Taxes | 450/3 | €45,324 | €45,651 | +€327 | +0.7% |
| Remuneration and social security | 454/9 | €180,604 | €240,765 | +€60,161 | +33.3% |
| Other amounts payable | 47/48 | €222,900 | €231,405 | +€8,505 | +3.8% |
| Accrued charges and deferred income | 492/3 | €2,250 | €2,250 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,615,060 | €1,695,711 | +€80,651 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €884,390 | €932,234 | +€47,844 | +5.4% |
| Other operating charges | 640/8 | €32,898 | €51,725 | +€18,827 | +57.2% |
| Gross operating margin | 9900 | €3,568,803 | €3,132,402 | -€436,400 | -12.2% |
| Operating profit (loss) | 9901 | €1,036,454 | €452,731 | -€583,722 | -56.3% |
| Financial income | 75/76B | €716 | €1,906 | +€1,190 | +166.3% |
| Recurring financial income | 75 | €716 | €1,906 | +€1,190 | +166.3% |
| Financial charges | 65/66B | €175,877 | €146,758 | -€29,119 | -16.6% |
| Recurring financial charges | 65 | €175,877 | €146,758 | -€29,119 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €861,293 | €307,879 | -€553,413 | -64.3% |
| Transfer from deferred taxes | 780 | €1,051 | €1,051 | = | 0.0% |
| Income taxes | 67/77 | €96,561 | €37,541 | -€59,020 | -61.1% |
| Profit (loss) for the period | 9904 | €765,783 | €271,390 | -€494,393 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €765,783 | €271,390 | -€494,393 | -64.6% |
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 10 October 2026 via checked.be.