The Chocolate Maker: what changed
Two fiscal 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.
The Chocolate Maker
Largest movements
- Tangible fixed assets -€62,440
down €62,440 (-12.7%), from €490,935 to €428,495
of which Other tangible fixed assets: -€44,827
- Receivables within one year -€54,670
down €54,670 (-83.8%), from €65,244 to €10,575
of which Trade receivables: -€34,074
- Cash +€8,760
up €8,760 (+401.1%), from €2,184 to €10,944
mainly Other debts (+€155,785) and Depreciation (+€67,855)
- Other debts +€155,785
up €155,785 (+182.4%), from €85,418 to €241,203
- Profit (loss) carried forward -€146,223
down €146,223 (-171.5%), from -€85,252 to -€231,476
- Trade debts -€119,478
down €119,478 (-68.1%), from €175,340 to €55,862
- Debts after one year -€38,289
down €38,289 (-10.5%), from €364,259 to €325,970
- Accrued charges and deferred income +€27,300
up €27,300 (+1137.5%), from €2,400 to €29,700
- Staff costs +€104,111
up €104,111 (+417.9%), from €24,913 to €129,024
- Gross operating margin +€81,779
up €81,779, from -€8,392 to €73,386
- Depreciation +€37,729
up €37,729 (+125.2%), from €30,126 to €67,855
- Financial charges +€996
up €996 (+4.8%), from €20,786 to €21,782
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.
Cash bridge derived
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 | €597,916 | €489,214 | -€108,702 | -18.2% |
| Fixed assets | 21/28 | €499,323 | €435,139 | -€64,184 | -12.9% |
| Intangible fixed assets | 21 | €8,388 | €6,645 | -€1,744 | -20.8% |
| Tangible fixed assets | 22/27 | €490,935 | €428,495 | -€62,440 | -12.7% |
| Plant, machinery and equipment | 23 | €98,170 | €80,557 | -€17,613 | -17.9% |
| Other tangible fixed assets | 26 | €392,765 | €347,938 | -€44,827 | -11.4% |
| Current assets | 29/58 | €98,593 | €54,075 | -€44,518 | -45.2% |
| Stocks and contracts in progress | 3 | €29,301 | €30,690 | +€1,389 | +4.7% |
| Stocks | 30/36 | €29,301 | €30,690 | +€1,389 | +4.7% |
| Amounts receivable within one year | 40/41 | €65,244 | €10,575 | -€54,670 | -83.8% |
| Trade receivables | 40 | €36,948 | €2,873 | -€34,074 | -92.2% |
| Other amounts receivable | 41 | €28,296 | €7,701 | -€20,595 | -72.8% |
| Cash at bank and in hand | 54/58 | €2,184 | €10,944 | +€8,760 | +401.1% |
| Deferred charges and accrued income | 490/1 | €1,863 | €1,867 | +€3 | +0.2% |
| Total equity and liabilities | 10/49 | €597,916 | €489,214 | -€108,702 | -18.2% |
| Equity | 10/15 | -€75,252 | -€221,476 | -€146,223 | -194.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,252 | -€231,476 | -€146,223 | -171.5% |
| Amounts payable | 17/49 | €673,168 | €710,690 | +€37,522 | +5.6% |
| Amounts payable after more than one year | 17 | €364,259 | €325,970 | -€38,289 | -10.5% |
| Financial debts | 170/4 | €364,259 | €325,970 | -€38,289 | -10.5% |
| Amounts payable within one year | 42/48 | €306,510 | €355,020 | +€48,511 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €36,830 | €38,289 | +€1,459 | +4.0% |
| Trade debts | 44 | €175,340 | €55,862 | -€119,478 | -68.1% |
| Suppliers | 440/4 | €175,340 | €55,862 | -€119,478 | -68.1% |
| Taxes, remuneration and social security | 45 | €8,923 | €19,667 | +€10,744 | +120.4% |
| Taxes | 450/3 | €305 | €937 | +€632 | +206.8% |
| Remuneration and social security | 454/9 | €8,617 | €18,730 | +€10,113 | +117.4% |
| Other amounts payable | 47/48 | €85,418 | €241,203 | +€155,785 | +182.4% |
| Accrued charges and deferred income | 492/3 | €2,400 | €29,700 | +€27,300 | +1137.5% |
| Remuneration, social security and pensions | 62 | €24,913 | €129,024 | +€104,111 | +417.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,126 | €67,855 | +€37,729 | +125.2% |
| Other operating charges | 640/8 | €1,036 | €1,061 | +€25 | +2.4% |
| Gross operating margin | 9900 | -€8,392 | €73,386 | +€81,779 | |
| Operating profit (loss) | 9901 | -€64,467 | -€124,554 | -€60,087 | -93.2% |
| Financial income | 75/76B | €0 | €112 | +€112 | +1123300.0% |
| Recurring financial income | 75 | €0 | €112 | +€112 | +1123300.0% |
| Financial charges | 65/66B | €20,786 | €21,782 | +€996 | +4.8% |
| Recurring financial charges | 65 | €20,786 | €21,782 | +€996 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€85,252 | -€146,223 | -€60,971 | -71.5% |
| Profit (loss) for the period | 9904 | -€85,252 | -€146,223 | -€60,971 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,252 | -€146,223 | -€60,971 | -71.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.