XOCOLATH: 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.
XOCOLATH
Largest movements
- Tangible fixed assets -€26,263
down €26,263 (-27.5%), from €95,619 to €69,356
of which Furniture and vehicles: -€15,268
- Cash +€15,739
up €15,739 (+11.3%), from €139,497 to €155,237
mainly Depreciation (+€30,903) and Receivables within one year (+€12,551)
- Receivables within one year -€12,551
down €12,551 (-53.5%), from €23,440 to €10,889
of which Other amounts receivable: -€7,172
- Stocks and contracts +€5,348
up €5,348 (+15.3%), from €34,907 to €40,255
- Debts after one year -€23,497
down €23,497 (-46.5%), from €50,574 to €27,077
- Reserves +€7,223
up €7,223 (+5.4%), from €134,578 to €141,801
- Trade debts -€7,156
down €7,156 (-15.7%), from €45,448 to €38,293
- Tax, wage and social debts +€6,969
up €6,969 (+37.3%), from €18,687 to €25,656
of which Taxes: +€9,429
- Gross operating margin +€5,405
up €5,405 (+3.1%), from €172,927 to €178,332
- Staff costs +€2,923
up €2,923 (+2.3%), from €126,480 to €129,403
- Other operating charges -€1,789
down €1,789 (-61.7%), from €2,901 to €1,112
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 | €295,637 | €279,312 | -€16,324 | -5.5% |
| Fixed assets | 21/28 | €95,829 | €69,566 | -€26,263 | -27.4% |
| Tangible fixed assets | 22/27 | €95,619 | €69,356 | -€26,263 | -27.5% |
| Furniture and vehicles | 24 | €53,058 | €37,790 | -€15,268 | -28.8% |
| Other tangible fixed assets | 26 | €42,561 | €31,566 | -€10,995 | -25.8% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €199,808 | €209,746 | +€9,939 | +5.0% |
| Stocks and contracts in progress | 3 | €34,907 | €40,255 | +€5,348 | +15.3% |
| Stocks | 30/36 | €34,907 | €40,255 | +€5,348 | +15.3% |
| Amounts receivable within one year | 40/41 | €23,440 | €10,889 | -€12,551 | -53.5% |
| Trade receivables | 40 | €7,569 | €2,189 | -€5,379 | -71.1% |
| Other amounts receivable | 41 | €15,871 | €8,699 | -€7,172 | -45.2% |
| Cash at bank and in hand | 54/58 | €139,497 | €155,237 | +€15,739 | +11.3% |
| Deferred charges and accrued income | 490/1 | €1,964 | €3,366 | +€1,402 | +71.4% |
| Total equity and liabilities | 10/49 | €295,637 | €279,312 | -€16,324 | -5.5% |
| Equity | 10/15 | €153,724 | €160,948 | +€7,223 | +4.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €134,578 | €141,801 | +€7,223 | +5.4% |
| Distributable reserves | 133 | €134,578 | €141,801 | +€7,223 | +5.4% |
| Profit (loss) carried forward | 14 | €396 | €396 | = | 0.0% |
| Amounts payable | 17/49 | €141,912 | €118,364 | -€23,548 | -16.6% |
| Amounts payable after more than one year | 17 | €50,574 | €27,077 | -€23,497 | -46.5% |
| Financial debts | 170/4 | €50,574 | €27,077 | -€23,497 | -46.5% |
| Amounts payable within one year | 42/48 | €90,922 | €91,287 | +€365 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €22,645 | €23,497 | +€851 | +3.8% |
| Trade debts | 44 | €45,448 | €38,293 | -€7,156 | -15.7% |
| Suppliers | 440/4 | €45,448 | €38,293 | -€7,156 | -15.7% |
| Taxes, remuneration and social security | 45 | €18,687 | €25,656 | +€6,969 | +37.3% |
| Taxes | 450/3 | €3,162 | €12,591 | +€9,429 | +298% |
| Remuneration and social security | 454/9 | €15,525 | €13,065 | -€2,460 | -15.8% |
| Other amounts payable | 47/48 | €4,141 | €3,841 | -€300 | -7.2% |
| Accrued charges and deferred income | 492/3 | €416 | - | -€416 | |
| Remuneration, social security and pensions | 62 | €126,480 | €129,403 | +€2,923 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,249 | €30,903 | -€346 | -1.1% |
| Other operating charges | 640/8 | €2,901 | €1,112 | -€1,789 | -61.7% |
| Gross operating margin | 9900 | €172,927 | €178,332 | +€5,405 | +3.1% |
| Operating profit (loss) | 9901 | €12,296 | €16,914 | +€4,618 | +37.6% |
| Financial income | 75/76B | €358 | €546 | +€188 | +52.5% |
| Recurring financial income | 75 | €358 | €546 | +€188 | +52.5% |
| Financial charges | 65/66B | €5,804 | €5,245 | -€560 | -9.6% |
| Recurring financial charges | 65 | €5,804 | €5,245 | -€560 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €6,850 | €12,216 | +€5,365 | +78.3% |
| Income taxes | 67/77 | €3,520 | €4,992 | +€1,472 | +41.8% |
| Profit (loss) for the period | 9904 | €3,330 | €7,223 | +€3,893 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €3,330 | €7,223 | +€3,893 | +117% |
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 15 October 2026 via checked.be.