SWEET FACTORY: 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.
SWEET FACTORY
Largest movements
- Financial fixed assets +€177,500
new in 2025: €177,500
- Cash -€86,560
down €86,560 (-50.0%), from €173,280 to €86,720
mainly Contributions, distributions and other (-€405,071) and Investment in fixed assets (net) (-€184,485)
- Tangible fixed assets -€50,950
down €50,950 (-12.3%), from €414,965 to €364,015
of which Plant, machinery and equipment: -€37,743
- Receivables within one year -€47,438
down €47,438 (-64.8%), from €73,261 to €25,823
of which Other amounts receivable: -€31,428
- Other debts +€346,775
up €346,775 (+5,615%), from €6,176 to €352,952
- Profit (loss) carried forward -€301,196
down €301,196 (-74.4%), from €405,071 to €103,875
- Current portion of long-term debt -€31,230
down €31,230 (-65.2%), from €47,922 to €16,692
- Debts after one year -€16,692
down €16,692 (-9.0%), from €186,295 to €169,602
- Tax, wage and social debts +€9,197
up €9,197 (+938%), from €980 to €10,177
- Gross operating margin -€50,176
down €50,176 (-18.5%), from €271,599 to €221,423
- Taxes -€8,792
down €8,792 (-23.9%), from €36,802 to €28,010
- Depreciation -€6,864
down €6,864 (-10.6%), from €64,800 to €57,935
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 | €690,157 | €685,665 | -€4,492 | -0.7% |
| Fixed assets | 21/28 | €414,965 | €541,515 | +€126,550 | +30.5% |
| Tangible fixed assets | 22/27 | €414,965 | €364,015 | -€50,950 | -12.3% |
| Land and buildings | 22 | €267,304 | €254,809 | -€12,495 | -4.7% |
| Plant, machinery and equipment | 23 | €145,581 | €107,838 | -€37,743 | -25.9% |
| Furniture and vehicles | 24 | €2,080 | €1,368 | -€712 | -34.2% |
| Financial fixed assets | 28 | - | €177,500 | +€177,500 | |
| Current assets | 29/58 | €275,192 | €144,149 | -€131,042 | -47.6% |
| Stocks and contracts in progress | 3 | €24,211 | €25,916 | +€1,704 | +7.0% |
| Stocks | 30/36 | €24,211 | €25,916 | +€1,704 | +7.0% |
| Amounts receivable within one year | 40/41 | €73,261 | €25,823 | -€47,438 | -64.8% |
| Trade receivables | 40 | €26,635 | €10,625 | -€16,010 | -60.1% |
| Other amounts receivable | 41 | €46,626 | €15,198 | -€31,428 | -67.4% |
| Cash at bank and in hand | 54/58 | €173,280 | €86,720 | -€86,560 | -50.0% |
| Deferred charges and accrued income | 490/1 | €4,439 | €5,691 | +€1,252 | +28.2% |
| Total equity and liabilities | 10/49 | €690,157 | €685,665 | -€4,492 | -0.7% |
| Equity | 10/15 | €424,957 | €123,762 | -€301,196 | -70.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,286 | €1,286 | = | 0.0% |
| Distributable reserves | 133 | €1,286 | €1,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | €405,071 | €103,875 | -€301,196 | -74.4% |
| Amounts payable | 17/49 | €265,200 | €561,903 | +€296,703 | +112% |
| Amounts payable after more than one year | 17 | €186,295 | €169,602 | -€16,692 | -9.0% |
| Financial debts | 170/4 | €186,295 | €169,602 | -€16,692 | -9.0% |
| Amounts payable within one year | 42/48 | €78,905 | €391,302 | +€312,397 | +396% |
| Current portion of amounts payable after more than one year | 42 | €47,922 | €16,692 | -€31,230 | -65.2% |
| Trade debts | 44 | €18,176 | €11,481 | -€6,695 | -36.8% |
| Suppliers | 440/4 | €18,176 | €11,481 | -€6,695 | -36.8% |
| Advances received on contracts in progress | 46 | €5,650 | €0 | -€5,650 | -100% |
| Taxes, remuneration and social security | 45 | €980 | €10,177 | +€9,197 | +938% |
| Taxes | 450/3 | €980 | €10,177 | +€9,197 | +938% |
| Other amounts payable | 47/48 | €6,176 | €352,952 | +€346,775 | +5,615% |
| Accrued charges and deferred income | 492/3 | €0 | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,800 | €57,935 | -€6,864 | -10.6% |
| Other operating charges | 640/8 | €13,663 | €15,315 | +€1,651 | +12.1% |
| Gross operating margin | 9900 | €271,599 | €221,423 | -€50,176 | -18.5% |
| Operating profit (loss) | 9901 | €193,137 | €148,174 | -€44,963 | -23.3% |
| Financial income | 75/76B | €605 | €26 | -€579 | -95.7% |
| Recurring financial income | 75 | €605 | €26 | -€579 | -95.7% |
| Financial charges | 65/66B | €18,641 | €16,314 | -€2,327 | -12.5% |
| Recurring financial charges | 65 | €18,641 | €16,314 | -€2,327 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €175,101 | €131,885 | -€43,215 | -24.7% |
| Income taxes | 67/77 | €36,802 | €28,010 | -€8,792 | -23.9% |
| Profit (loss) for the period | 9904 | €138,299 | €103,875 | -€34,424 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,299 | €103,875 | -€34,424 | -24.9% |
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 30 October 2026 via checked.be.