MERTENS - CHOCAT: 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.
MERTENS - CHOCAT
Largest movements
- Receivables within one year -€13,809
down €13,809 (-52.9%), from €26,089 to €12,280
of which Trade receivables: -€16,118
- Cash +€9,819
up €9,819 (+128%), from €7,669 to €17,487
mainly Receivables within one year (+€13,809) and Net result for the year (+€7,360)
- Tangible fixed assets -€7,305
down €7,305 (-11.2%), from €65,244 to €57,940
of which Plant, machinery and equipment: -€3,838
- Current portion of long-term debt -€10,773
down €10,773 (-81.7%), from €13,183 to €2,410
- Tax, wage and social debts -€9,901
down €9,901 (-68.8%), from €14,384 to €4,483
of which Remuneration and social security: -€8,000
- Profit (loss) carried forward +€7,360
up €7,360 (+8.8%), from -€83,784 to -€76,423
- Debts after one year +€1,762
up €1,762 (+70.8%), from €2,489 to €4,251
- Purchases and services -€46,513
down €46,513 (-44.4%), from €104,698 to €58,185
- Turnover -€42,075
down €42,075 (-34.9%), from €120,472 to €78,396
- Gross operating margin +€4,438
up €4,438 (+28.1%), from €15,774 to €20,212
- Depreciation -€3,557
down €3,557 (-32.7%), from €10,862 to €7,305
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 | €103,658 | €92,197 | -€11,461 | -11.1% |
| Fixed assets | 21/28 | €67,939 | €60,634 | -€7,305 | -10.8% |
| Tangible fixed assets | 22/27 | €65,244 | €57,940 | -€7,305 | -11.2% |
| Land and buildings | 22 | €47,534 | €45,303 | -€2,231 | -4.7% |
| Plant, machinery and equipment | 23 | €14,215 | €10,378 | -€3,838 | -27.0% |
| Furniture and vehicles | 24 | €3,495 | €2,259 | -€1,236 | -35.4% |
| Financial fixed assets | 28 | €2,695 | €2,695 | = | 0.0% |
| Current assets | 29/58 | €35,719 | €31,563 | -€4,156 | -11.6% |
| Stocks and contracts in progress | 3 | €406 | €406 | = | 0.0% |
| Stocks | 30/36 | €406 | €406 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,089 | €12,280 | -€13,809 | -52.9% |
| Trade receivables | 40 | €19,087 | €2,969 | -€16,118 | -84.4% |
| Other amounts receivable | 41 | €7,002 | €9,310 | +€2,308 | +33.0% |
| Cash at bank and in hand | 54/58 | €7,669 | €17,487 | +€9,819 | +128% |
| Deferred charges and accrued income | 490/1 | €1,555 | €1,389 | -€166 | -10.7% |
| Total equity and liabilities | 10/49 | €103,658 | €92,197 | -€11,461 | -11.1% |
| Equity | 10/15 | €72,389 | €79,750 | +€7,360 | +10.2% |
| Contributions | 10/11 | €152,500 | €152,500 | = | 0.0% |
| Capital | 10 | €152,500 | €152,500 | = | 0.0% |
| Issued capital | 100 | €152,500 | €152,500 | = | 0.0% |
| Reserves | 13 | €3,673 | €3,673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,673 | €3,673 | = | 0.0% |
| Legal reserve | 130 | €3,673 | €3,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,784 | -€76,423 | +€7,360 | +8.8% |
| Amounts payable | 17/49 | €31,269 | €12,447 | -€18,821 | -60.2% |
| Amounts payable after more than one year | 17 | €2,489 | €4,251 | +€1,762 | +70.8% |
| Financial debts | 170/4 | €2,489 | €4,251 | +€1,762 | +70.8% |
| Amounts payable within one year | 42/48 | €28,779 | €8,196 | -€20,584 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €13,183 | €2,410 | -€10,773 | -81.7% |
| Trade debts | 44 | €1,212 | €1,303 | +€91 | +7.5% |
| Suppliers | 440/4 | €1,212 | €1,303 | +€91 | +7.5% |
| Taxes, remuneration and social security | 45 | €14,384 | €4,483 | -€9,901 | -68.8% |
| Taxes | 450/3 | €6,384 | €4,483 | -€1,901 | -29.8% |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Turnover | 70 | €120,472 | €78,396 | -€42,075 | -34.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €104,698 | €58,185 | -€46,513 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,862 | €7,305 | -€3,557 | -32.7% |
| Other operating charges | 640/8 | €3,862 | €4,093 | +€231 | +6.0% |
| Gross operating margin | 9900 | €15,774 | €20,212 | +€4,438 | +28.1% |
| Operating profit (loss) | 9901 | €1,050 | €8,814 | +€7,764 | +740% |
| Financial income | 75/76B | - | €576 | +€576 | |
| Recurring financial income | 75 | - | €576 | +€576 | |
| Financial charges | 65/66B | €868 | €2,030 | +€1,162 | +134% |
| Recurring financial charges | 65 | €868 | €2,030 | +€1,162 | +134% |
| Profit (loss) for the period before taxes | 9903 | €181 | €7,360 | +€7,179 | +3,956% |
| Profit (loss) for the period | 9904 | €181 | €7,360 | +€7,179 | +3,956% |
| Profit (loss) for the period to be appropriated | 9905 | €181 | €7,360 | +€7,179 | +3,956% |
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 30 October 2026 via checked.be.