MAOLINE CHOCOLAT: what changed
MAOLINE CHOCOLAT
Largest movements
- Tangible fixed assets +€40,841
up €40,841 (+58.8%), from €69,435 to €110,276
of which Furniture and vehicles: +€48,486
- Receivables within one year +€16,600
up €16,600 (+185%), from €8,982 to €25,583
of which Other amounts receivable: +€17,169
- Cash -€9,245
down €9,245 (-53.3%), from €17,331 to €8,086
mainly Investment in fixed assets (net) (-€67,532) and Receivables within one year (-€16,600)
- Stocks and contracts -€3,405
down €3,405 (-11.2%), from €30,468 to €27,062
- Deferred charges and accrued income +€1,812
up €1,812 (+39.1%), from €4,638 to €6,451
- Profit (loss) carried forward +€30,798
up €30,798 (+66.2%), from €46,491 to €77,289
- Other debts +€18,438
new in 2025: €18,438
- Debts after one year +€7,330
up €7,330 (+33.1%), from €22,166 to €29,496
- Tax, wage and social debts -€7,231
down €7,231 (-36.1%), from €20,006 to €12,774
of which Taxes: -€11,437
- Trade debts -€3,015
down €3,015 (-48.5%), from €6,214 to €3,199
- Gross operating margin -€11,309
down €11,309 (-5.7%), from €199,591 to €188,282
- Taxes -€9,000
down €9,000 (-53.5%), from €16,831 to €7,831
- Staff costs +€8,049
up €8,049 (+7.3%), from €109,856 to €117,905
- Depreciation +€3,384
up €3,384 (+14.5%), from €23,307 to €26,691
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,062 | €177,665 | +€46,603 | +35.6% |
| Fixed assets | 21/28 | €69,642 | €110,483 | +€40,841 | +58.6% |
| Tangible fixed assets | 22/27 | €69,435 | €110,276 | +€40,841 | +58.8% |
| Plant, machinery and equipment | 23 | - | €232 | +€232 | |
| Furniture and vehicles | 24 | €29,468 | €77,953 | +€48,486 | +165% |
| Other tangible fixed assets | 26 | €39,967 | €32,091 | -€7,876 | -19.7% |
| Financial fixed assets | 28 | €207 | €207 | = | 0.0% |
| Current assets | 29/58 | €61,420 | €67,182 | +€5,762 | +9.4% |
| Stocks and contracts in progress | 3 | €30,468 | €27,062 | -€3,405 | -11.2% |
| Stocks | 30/36 | €30,468 | €27,062 | -€3,405 | -11.2% |
| Amounts receivable within one year | 40/41 | €8,982 | €25,583 | +€16,600 | +185% |
| Trade receivables | 40 | €4,820 | €4,252 | -€569 | -11.8% |
| Other amounts receivable | 41 | €4,162 | €21,331 | +€17,169 | +412% |
| Cash at bank and in hand | 54/58 | €17,331 | €8,086 | -€9,245 | -53.3% |
| Deferred charges and accrued income | 490/1 | €4,638 | €6,451 | +€1,812 | +39.1% |
| Total equity and liabilities | 10/49 | €131,062 | €177,665 | +€46,603 | +35.6% |
| Equity | 10/15 | €64,912 | €95,710 | +€30,798 | +47.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,421 | €13,421 | = | 0.0% |
| Distributable reserves | 133 | €13,421 | €13,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,491 | €77,289 | +€30,798 | +66.2% |
| Amounts payable | 17/49 | €66,150 | €81,955 | +€15,805 | +23.9% |
| Amounts payable after more than one year | 17 | €22,166 | €29,496 | +€7,330 | +33.1% |
| Financial debts | 170/4 | €22,166 | €29,496 | +€7,330 | +33.1% |
| Amounts payable within one year | 42/48 | €43,985 | €52,460 | +€8,475 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €17,765 | €18,048 | +€283 | +1.6% |
| Trade debts | 44 | €6,214 | €3,199 | -€3,015 | -48.5% |
| Suppliers | 440/4 | €6,214 | €3,199 | -€3,015 | -48.5% |
| Taxes, remuneration and social security | 45 | €20,006 | €12,774 | -€7,231 | -36.1% |
| Taxes | 450/3 | €11,437 | €0 | -€11,437 | -100% |
| Remuneration and social security | 454/9 | €8,569 | €12,774 | +€4,205 | +49.1% |
| Other amounts payable | 47/48 | - | €18,438 | +€18,438 | |
| Remuneration, social security and pensions | 62 | €109,856 | €117,905 | +€8,049 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,307 | €26,691 | +€3,384 | +14.5% |
| Other operating charges | 640/8 | €757 | €1,405 | +€648 | +85.6% |
| Gross operating margin | 9900 | €199,591 | €188,282 | -€11,309 | -5.7% |
| Operating profit (loss) | 9901 | €65,670 | €42,281 | -€23,389 | -35.6% |
| Financial income | 75/76B | €7 | €39 | +€32 | +428% |
| Recurring financial income | 75 | €7 | €39 | +€32 | +428% |
| Financial charges | 65/66B | €2,356 | €3,691 | +€1,335 | +56.6% |
| Recurring financial charges | 65 | €2,356 | €3,691 | +€1,335 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €63,322 | €38,629 | -€24,692 | -39.0% |
| Income taxes | 67/77 | €16,831 | €7,831 | -€9,000 | -53.5% |
| Profit (loss) for the period | 9904 | €46,491 | €30,798 | -€15,693 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,491 | €30,798 | -€15,693 | -33.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.