Van Dender Chocolates: 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.
Van Dender Chocolates
Largest movements
- Cash +€147,831
up €147,831 (+49.1%), from €301,170 to €449,001
mainly Other debts (+€587,268) and Depreciation (+€159,212)
- Tangible fixed assets -€123,648
down €123,648 (-11.3%), from €1.1m to €972,808
of which Other tangible fixed assets: -€102,383
- Receivables within one year -€36,314
down €36,314 (-34.5%), from €105,153 to €68,839
of which Trade receivables: -€36,059
- Other debts +€587,268
up €587,268 (+48605.2%), from €1,208 to €588,476
- Profit (loss) carried forward -€477,862
down €477,862 (-77.9%), from €613,804 to €135,943
- Trade debts -€42,018
down €42,018 (-61.3%), from €68,572 to €26,554
- Debts after one year -€31,491
down €31,491 (-8.4%), from €376,200 to €344,709
- Short-term financial debts -€30,306
down €30,306 (-78.7%), from €38,519 to €8,213
- Financial charges -€30,502
down €30,502 (-88.8%), from €34,349 to €3,848
- Gross operating margin -€14,527
down €14,527 (-2.5%), from €582,857 to €568,329
- Staff costs +€12,551
up €12,551 (+5.3%), from €234,632 to €247,183
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 | €1,649,612 | €1,662,383 | +€12,771 | +0.8% |
| Fixed assets | 21/28 | €1,096,455 | €972,808 | -€123,648 | -11.3% |
| Tangible fixed assets | 22/27 | €1,096,455 | €972,808 | -€123,648 | -11.3% |
| Land and buildings | 22 | €683,055 | €665,821 | -€17,234 | -2.5% |
| Plant, machinery and equipment | 23 | - | €24,331 | +€24,331 | |
| Furniture and vehicles | 24 | €104,240 | €75,878 | -€28,362 | -27.2% |
| Other tangible fixed assets | 26 | €309,160 | €206,777 | -€102,383 | -33.1% |
| Current assets | 29/58 | €553,157 | €689,576 | +€136,418 | +24.7% |
| Stocks and contracts in progress | 3 | €130,000 | €140,000 | +€10,000 | +7.7% |
| Stocks | 30/36 | €130,000 | €140,000 | +€10,000 | +7.7% |
| Amounts receivable within one year | 40/41 | €105,153 | €68,839 | -€36,314 | -34.5% |
| Trade receivables | 40 | €103,104 | €67,046 | -€36,059 | -35.0% |
| Other amounts receivable | 41 | €2,049 | €1,793 | -€256 | -12.5% |
| Cash at bank and in hand | 54/58 | €301,170 | €449,001 | +€147,831 | +49.1% |
| Deferred charges and accrued income | 490/1 | €16,834 | €31,736 | +€14,902 | +88.5% |
| Total equity and liabilities | 10/49 | €1,649,612 | €1,662,383 | +€12,771 | +0.8% |
| Equity | 10/15 | €1,121,754 | €643,892 | -€477,862 | -42.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €7,949 | €7,949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,949 | €1,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €613,804 | €135,943 | -€477,862 | -77.9% |
| Amounts payable | 17/49 | €527,859 | €1,018,491 | +€490,633 | +92.9% |
| Amounts payable after more than one year | 17 | €376,200 | €344,709 | -€31,491 | -8.4% |
| Financial debts | 170/4 | €376,200 | €344,709 | -€31,491 | -8.4% |
| Amounts payable within one year | 42/48 | €151,610 | €673,782 | +€522,173 | +344.4% |
| Financial debts | 43 | €38,519 | €8,213 | -€30,306 | -78.7% |
| Credit institutions | 430/8 | €38,519 | €8,213 | -€30,306 | -78.7% |
| Trade debts | 44 | €68,572 | €26,554 | -€42,018 | -61.3% |
| Suppliers | 440/4 | €68,572 | €26,554 | -€42,018 | -61.3% |
| Taxes, remuneration and social security | 45 | €43,310 | €50,539 | +€7,229 | +16.7% |
| Taxes | 450/3 | €20,120 | €21,363 | +€1,243 | +6.2% |
| Remuneration and social security | 454/9 | €23,191 | €29,176 | +€5,985 | +25.8% |
| Other amounts payable | 47/48 | €1,208 | €588,476 | +€587,268 | +48605.2% |
| Accrued charges and deferred income | 492/3 | €49 | - | -€49 | |
| Non-recurring operating income | 76A | €12,991 | - | -€12,991 | |
| Remuneration, social security and pensions | 62 | €234,632 | €247,183 | +€12,551 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,387 | €159,212 | -€2,176 | -1.3% |
| Other operating charges | 640/8 | €8,030 | €8,280 | +€250 | +3.1% |
| Non-recurring operating charges | 66A | €3,060 | - | -€3,060 | |
| Gross operating margin | 9900 | €582,857 | €568,329 | -€14,527 | -2.5% |
| Operating profit (loss) | 9901 | €175,747 | €153,655 | -€22,092 | -12.6% |
| Financial income | 75/76B | €408 | €235 | -€173 | -42.3% |
| Recurring financial income | 75 | €408 | €235 | -€173 | -42.3% |
| Financial charges | 65/66B | €34,349 | €3,848 | -€30,502 | -88.8% |
| Recurring financial charges | 65 | €34,349 | €3,848 | -€30,502 | -88.8% |
| Profit (loss) for the period before taxes | 9903 | €141,805 | €150,042 | +€8,237 | +5.8% |
| Income taxes | 67/77 | €38,053 | €39,669 | +€1,616 | +4.2% |
| Profit (loss) for the period | 9904 | €103,752 | €110,373 | +€6,621 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €103,752 | €110,373 | +€6,621 | +6.4% |
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 6 October 2026 via checked.be.