PASSION CHOCOLAT: 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.
PASSION CHOCOLAT
Largest movements
- Tangible fixed assets -€60,461
down €60,461 (-11.1%), from €546,459 to €485,998
of which Plant, machinery and equipment: -€46,887
- Receivables within one year -€58,359
down €58,359 (-40.8%), from €143,067 to €84,708
of which Other amounts receivable: -€55,123
- Cash +€23,591
up €23,591 (+11.0%), from €213,689 to €237,280
mainly Depreciation (+€108,532) and Receivables within one year (+€58,359)
- Profit (loss) carried forward -€90,298
down €90,298 (-29.5%), from €305,747 to €215,449
- Debts after one year -€24,104
down €24,104 (-5.9%), from €409,691 to €385,587
- Tax, wage and social debts +€16,570
up €16,570 (+27.8%), from €59,630 to €76,200
of which Remuneration and social security: +€11,389
- Gross operating margin -€254,890
down €254,890 (-34.7%), from €734,425 to €479,535
- Taxes +€23,623
up €23,623 (+96.5%), from -€24,484 to -€861
- Depreciation -€8,847
down €8,847 (-7.5%), from €117,379 to €108,532
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 | €1,129,220 | €1,022,249 | -€106,971 | -9.5% |
| Fixed assets | 21/28 | €552,459 | €491,448 | -€61,011 | -11.0% |
| Intangible fixed assets | 21 | €5,500 | - | -€5,500 | |
| Tangible fixed assets | 22/27 | €546,459 | €485,998 | -€60,461 | -11.1% |
| Land and buildings | 22 | €236,531 | €225,656 | -€10,875 | -4.6% |
| Plant, machinery and equipment | 23 | €302,716 | €255,829 | -€46,887 | -15.5% |
| Furniture and vehicles | 24 | €3,400 | €2,200 | -€1,200 | -35.3% |
| Other tangible fixed assets | 26 | €3,812 | €2,313 | -€1,499 | -39.3% |
| Financial fixed assets | 28 | €500 | €5,450 | +€4,950 | +990% |
| Current assets | 29/58 | €576,761 | €530,801 | -€45,960 | -8.0% |
| Stocks and contracts in progress | 3 | €211,106 | €205,503 | -€5,603 | -2.7% |
| Stocks | 30/36 | €211,106 | €205,503 | -€5,603 | -2.7% |
| Amounts receivable within one year | 40/41 | €143,067 | €84,708 | -€58,359 | -40.8% |
| Trade receivables | 40 | €80,509 | €77,273 | -€3,236 | -4.0% |
| Other amounts receivable | 41 | €62,558 | €7,435 | -€55,123 | -88.1% |
| Cash at bank and in hand | 54/58 | €213,689 | €237,280 | +€23,591 | +11.0% |
| Deferred charges and accrued income | 490/1 | €8,899 | €3,310 | -€5,589 | -62.8% |
| Total equity and liabilities | 10/49 | €1,129,220 | €1,022,249 | -€106,971 | -9.5% |
| Equity | 10/15 | €382,747 | €292,449 | -€90,298 | -23.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €305,747 | €215,449 | -€90,298 | -29.5% |
| Amounts payable | 17/49 | €746,473 | €729,800 | -€16,673 | -2.2% |
| Amounts payable after more than one year | 17 | €409,691 | €385,587 | -€24,104 | -5.9% |
| Financial debts | 170/4 | €409,691 | €385,587 | -€24,104 | -5.9% |
| Amounts payable within one year | 42/48 | €336,782 | €344,213 | +€7,431 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €28,044 | €26,063 | -€1,981 | -7.1% |
| Trade debts | 44 | €134,108 | €126,950 | -€7,158 | -5.3% |
| Suppliers | 440/4 | €134,108 | €126,950 | -€7,158 | -5.3% |
| Taxes, remuneration and social security | 45 | €59,630 | €76,200 | +€16,570 | +27.8% |
| Taxes | 450/3 | €16,487 | €21,668 | +€5,181 | +31.4% |
| Remuneration and social security | 454/9 | €43,143 | €54,532 | +€11,389 | +26.4% |
| Other amounts payable | 47/48 | €115,000 | €115,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €433,741 | €430,432 | -€3,309 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,379 | €108,532 | -€8,847 | -7.5% |
| Other operating charges | 640/8 | €7,305 | €5,564 | -€1,741 | -23.8% |
| Non-recurring operating charges | 66A | €15,606 | - | -€15,606 | |
| Gross operating margin | 9900 | €734,425 | €479,535 | -€254,890 | -34.7% |
| Operating profit (loss) | 9901 | €160,394 | -€64,993 | -€225,387 | |
| Financial income | 75/76B | €51 | €4,880 | +€4,829 | +9,469% |
| Recurring financial income | 75 | €51 | €4,880 | +€4,829 | +9,469% |
| Financial charges | 65/66B | €32,281 | €31,046 | -€1,235 | -3.8% |
| Recurring financial charges | 65 | €32,281 | €31,046 | -€1,235 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €128,164 | -€91,159 | -€219,323 | |
| Income taxes | 67/77 | -€24,484 | -€861 | +€23,623 | +96.5% |
| Profit (loss) for the period | 9904 | €152,648 | -€90,298 | -€242,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €152,648 | -€90,298 | -€242,946 |
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 27 October 2026 via checked.be.