Natrajacali: 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.
What changed
Natrajacali
NACE 10.820, Manufacture of cocoa, chocolate and sugar confectionery
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€791,020
2024 · €754,883+€36,137
Equity
€5.2m
2024 · €4.4m+€791,020
Cash
€11,557
2024 · €14,370-€2,813
Balance sheet total
€25.9m
2024 · €23.9m+€1.9m
Largest movements
Assets
- Stocks and contracts +€968,943
up €968,943 (+38.1%), from €2.5m to €3.5m
- Receivables within one year +€428,235
up €428,235 (+3.6%), from €11.8m to €12.3m
of which Other amounts receivable: +€541,267
- Tangible fixed assets +€409,494
up €409,494 (+4.5%), from €9.1m to €9.5m
of which Plant, machinery and equipment: +€1.2m
Equity and liabilities
- Other debts +€1.0m
up €1.0m (+670%), from €149,566 to €1.2m
- Profit (loss) carried forward +€791,020
up €791,020 (+22.4%), from €3.5m to €4.3m
Income statement
- Turnover -€6.5m
down €6.5m (-7.9%), from €83.2m to €76.6m
- Services and other goods -€2.5m
down €2.5m (-26.7%), from €9.3m to €6.8m
- Write-downs -€1.3m
down €1.3m, from €724,968 to -€564,976
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.
Result 2024
€754,883
Turnover
-€6.5m
Other operating income
+€26,308
Goods and materials
+€690,575
Services and other goods
+€2.5m
Staff costs
+€416,580
Depreciation
+€26,303
Write-downs
+€1.3m
Other operating charges
+€23,448
Other operating items
+€1.4m
Financial income
-€28,805
Financial charges
+€248,095
Taxes
-€34,315
Result 2025
€791,020
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.8m
Investment
-€1.6m
Financing
-€156,047
Cash 2024
€14,370
From operations (derived)
+€1.8m
Net result for the year
+€791,020
Depreciation
+€1.1m
Stocks and contracts
-€968,943
Receivables within one year
-€428,235
Deferred charges and accrued income
-€26,396
Trade debts
+€121,441
Tax, wage and social debts
+€175,413
Other debts
+€1.0m
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
-€156,047
Debts after one year
-€133,836
Current portion of long-term debt
-€22,211
Cash 2025
€11,557
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,924,639 | €25,859,218 | +€1.9m | +8.1% |
| Fixed assets | 21/28 | €9,511,379 | €10,025,196 | +€513,817 | +5.4% |
| Intangible fixed assets | 21 | €360,988 | €465,311 | +€104,323 | +28.9% |
| Tangible fixed assets | 22/27 | €9,050,439 | €9,459,933 | +€409,494 | +4.5% |
| Land and buildings | 22 | €727,356 | €719,647 | -€7,709 | -1.1% |
| Plant, machinery and equipment | 23 | €6,854,328 | €8,034,654 | +€1.2m | +17.2% |
| Furniture and vehicles | 24 | €51,230 | €44,309 | -€6,921 | -13.5% |
| Leasing and similar rights | 25 | €1,323,726 | €661,322 | -€662,403 | -50.0% |
| Assets under construction and advance payments | 27 | €93,800 | - | -€93,800 | |
| Financial fixed assets | 28 | €99,952 | €99,952 | = | 0.0% |
| Other financial fixed assets | 284/8 | €99,952 | €99,952 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €99,952 | €99,952 | = | 0.0% |
| Current assets | 29/58 | €14,413,260 | €15,834,021 | +€1.4m | +9.9% |
| Stocks and contracts in progress | 3 | €2,542,487 | €3,511,430 | +€968,943 | +38.1% |
| Stocks | 30/36 | €2,542,487 | €3,511,430 | +€968,943 | +38.1% |
| Raw materials and consumables | 30/31 | €2,218,778 | €2,864,025 | +€645,247 | +29.1% |
| Work in progress | 32 | €257,469 | €395,475 | +€138,006 | +53.6% |
| Finished goods | 33 | €16,367 | €251,929 | +€235,562 | +1,439% |
| Goods purchased for resale | 34 | €49,873 | - | -€49,873 | |
| Amounts receivable within one year | 40/41 | €11,847,177 | €12,275,412 | +€428,235 | +3.6% |
| Trade receivables | 40 | €11,417,689 | €11,304,658 | -€113,032 | -1.0% |
| Other amounts receivable | 41 | €429,488 | €970,755 | +€541,267 | +126% |
| Cash at bank and in hand | 54/58 | €14,370 | €11,557 | -€2,813 | -19.6% |
| Deferred charges and accrued income | 490/1 | €9,226 | €35,622 | +€26,396 | +286% |
| Total equity and liabilities | 10/49 | €23,924,639 | €25,859,218 | +€1.9m | +8.1% |
| Equity | 10/15 | €4,438,863 | €5,229,883 | +€791,020 | +17.8% |
| Contributions | 10/11 | €825,000 | €825,000 | = | 0.0% |
| Capital | 10 | €825,000 | €825,000 | = | 0.0% |
| Issued capital | 100 | €825,000 | €825,000 | = | 0.0% |
| Reserves | 13 | €82,500 | €82,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €82,500 | €82,500 | = | 0.0% |
| Legal reserve | 130 | €82,500 | €82,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,531,363 | €4,322,383 | +€791,020 | +22.4% |
| Amounts payable | 17/49 | €19,485,776 | €20,629,334 | +€1.1m | +5.9% |
| Amounts payable after more than one year | 17 | €1,146,775 | €1,012,939 | -€133,836 | -11.7% |
| Financial debts | 170/4 | €1,146,775 | €1,012,939 | -€133,836 | -11.7% |
| Leasing and similar obligations | 172 | €1,146,775 | €1,012,939 | -€133,836 | -11.7% |
| Amounts payable within one year | 42/48 | €18,232,053 | €19,509,447 | +€1.3m | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €242,094 | €219,883 | -€22,211 | -9.2% |
| Trade debts | 44 | €15,975,147 | €16,096,588 | +€121,441 | +0.8% |
| Suppliers | 440/4 | €15,975,147 | €16,096,588 | +€121,441 | +0.8% |
| Taxes, remuneration and social security | 45 | €1,865,245 | €2,040,658 | +€175,413 | +9.4% |
| Taxes | 450/3 | €828,384 | €1,296,315 | +€467,931 | +56.5% |
| Remuneration and social security | 454/9 | €1,036,861 | €744,343 | -€292,518 | -28.2% |
| Other amounts payable | 47/48 | €149,566 | €1,152,318 | +€1.0m | +670% |
| Accrued charges and deferred income | 492/3 | €106,948 | €106,948 | = | 0.0% |
| Operating income | 70/76A | €82,923,051 | €77,851,705 | -€5.1m | -6.1% |
| Turnover | 70 | €83,189,957 | €76,649,076 | -€6.5m | -7.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,069,658 | €373,568 | +€1.4m | |
| Own construction capitalised | 72 | €309,108 | €309,108 | = | 0.0% |
| Other operating income | 74 | €493,644 | €519,952 | +€26,308 | +5.3% |
| Operating charges | 60/66A | €81,007,889 | €76,085,380 | -€4.9m | -6.1% |
| Goods for resale, raw materials and consumables | 60 | €62,002,373 | €61,311,798 | -€690,575 | -1.1% |
| Purchases | 600/8 | €61,682,480 | €61,342,196 | -€340,284 | -0.6% |
| Change in stocks: decrease (increase) | 609 | €319,893 | -€30,398 | -€350,291 | |
| Services and other goods | 61 | €9,272,165 | €6,796,507 | -€2.5m | -26.7% |
| Remuneration, social security and pensions | 62 | €7,804,587 | €7,388,007 | -€416,580 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109,307 | €1,083,004 | -€26,303 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €724,968 | -€564,976 | -€1.3m | |
| Other operating charges | 640/8 | €94,488 | €71,040 | -€23,448 | -24.8% |
| Operating profit (loss) | 9901 | €1,915,162 | €1,766,325 | -€148,837 | -7.8% |
| Financial income | 75/76B | €67,711 | €38,906 | -€28,805 | -42.5% |
| Recurring financial income | 75 | €67,711 | €38,906 | -€28,805 | -42.5% |
| Income from current assets | 751 | €63,920 | €38,321 | -€25,599 | -40.0% |
| Other financial income | 752/9 | €3,792 | €586 | -€3,206 | -84.6% |
| Financial charges | 65/66B | €891,847 | €643,752 | -€248,095 | -27.8% |
| Recurring financial charges | 65 | €891,847 | €643,752 | -€248,095 | -27.8% |
| Debt charges | 650 | €185,286 | €151,111 | -€34,175 | -18.4% |
| Other financial charges | 652/9 | €706,560 | €492,640 | -€213,920 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €1,091,027 | €1,161,479 | +€70,453 | +6.5% |
| Income taxes | 67/77 | €336,144 | €370,459 | +€34,315 | +10.2% |
| Taxes | 670/3 | €336,144 | €370,459 | +€34,315 | +10.2% |
| Profit (loss) for the period | 9904 | €754,883 | €791,020 | +€36,137 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €754,883 | €791,020 | +€36,137 | +4.8% |
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 15 October 2026 via checked.be.