Titanic Chocolate: 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.
Titanic Chocolate
Largest movements
- Receivables within one year +€11,200
up €11,200 (+143%), from €7,826 to €19,025
of which Trade receivables: +€8,527
- Tangible fixed assets +€1,232
new in 2025: €1,232
- Financial fixed assets -€257
down €257 (-100%), from €257 to €0
- Profit (loss) carried forward -€26,544
down €26,544 (-25.9%), from -€102,461 to -€129,005
- Other debts +€21,592
up €21,592 (+222%), from €9,744 to €31,337
- Trade debts +€17,106
up €17,106 (+198%), from €8,630 to €25,736
- Gross operating margin -€15,881
down €15,881 (-168%), from -€9,442 to -€25,323
- Financial charges -€281
down €281 (-62.7%), from €447 to €167
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 | €8,279 | €20,418 | +€12,139 | +147% |
| Fixed assets | 21/28 | €257 | €1,232 | +€975 | +380% |
| Tangible fixed assets | 22/27 | - | €1,232 | +€1,232 | |
| Furniture and vehicles | 24 | - | €1,232 | +€1,232 | |
| Financial fixed assets | 28 | €257 | €0 | -€257 | -100% |
| Current assets | 29/58 | €8,022 | €19,186 | +€11,164 | +139% |
| Amounts receivable within one year | 40/41 | €7,826 | €19,025 | +€11,200 | +143% |
| Trade receivables | 40 | €7,604 | €16,131 | +€8,527 | +112% |
| Other amounts receivable | 41 | €222 | €2,895 | +€2,673 | +1,204% |
| Cash at bank and in hand | 54/58 | €196 | €161 | -€36 | -18.2% |
| Total equity and liabilities | 10/49 | €8,279 | €20,418 | +€12,139 | +147% |
| Equity | 10/15 | -€11,253 | -€37,798 | -€26,544 | -236% |
| Contributions | 10/11 | €32,300 | €32,300 | = | 0.0% |
| Reserves | 13 | €58,908 | €58,908 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,801 | €8,801 | = | 0.0% |
| Distributable reserves | 133 | €50,106 | €50,106 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,461 | -€129,005 | -€26,544 | -25.9% |
| Amounts payable | 17/49 | €19,532 | €58,216 | +€38,683 | +198% |
| Amounts payable within one year | 42/48 | €19,532 | €58,216 | +€38,683 | +198% |
| Trade debts | 44 | €8,630 | €25,736 | +€17,106 | +198% |
| Suppliers | 440/4 | €8,630 | €25,736 | +€17,106 | +198% |
| Taxes, remuneration and social security | 45 | €1,158 | €1,142 | -€15 | -1.3% |
| Taxes | 450/3 | €1,158 | €1,142 | -€15 | -1.3% |
| Other amounts payable | 47/48 | €9,744 | €31,337 | +€21,592 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €225 | +€225 | |
| Other operating charges | 640/8 | €657 | €829 | +€173 | +26.3% |
| Gross operating margin | 9900 | -€9,442 | -€25,323 | -€15,881 | -168% |
| Operating profit (loss) | 9901 | -€10,099 | -€26,378 | -€16,279 | -161% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €447 | €167 | -€281 | -62.7% |
| Recurring financial charges | 65 | €447 | €167 | -€281 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,538 | -€26,544 | -€16,006 | -152% |
| Profit (loss) for the period | 9904 | -€10,538 | -€26,544 | -€16,006 | -152% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,538 | -€26,544 | -€16,006 | -152% |
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 26 October 2026 via checked.be.