BLUE CHERRY: 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.
BLUE CHERRY
Largest movements
- Cash -€64,875
down €64,875 (-64.8%), from €100,173 to €35,298
mainly Net result for the year (-€54,840) and Debts after one year (-€12,306)
- Tangible fixed assets -€14,029
down €14,029 (-29.4%), from €47,793 to €33,764
of which Furniture and vehicles: -€14,020
- Current investments -€4,100
down €4,100 (-10.0%), from €41,080 to €36,980
- Profit (loss) carried forward -€51,652
down €51,652, from €0 to -€51,652
- Debts after one year -€12,306
down €12,306 (-53.4%), from €23,033 to €10,727
- Tax, wage and social debts -€8,176
down €8,176 (-100.0%), from €8,176 to €0
- Other debts -€7,776
down €7,776 (-62.7%), from €12,400 to €4,624
- Reserves -€3,189
down €3,189 (-2.6%), from €123,038 to €119,850
- Gross operating margin -€42,265
down €42,265, from €6,333 to -€35,933
- Financial income -€5,160
down €5,160 (-77.0%), from €6,705 to €1,546
- Financial charges +€2,441
up €2,441 (+66.4%), from €3,675 to €6,117
- Other operating charges -€531
down €531 (-76.7%), from €693 to €162
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 | €193,587 | €109,634 | -€83,953 | -43.4% |
| Fixed assets | 21/28 | €47,793 | €33,764 | -€14,029 | -29.4% |
| Tangible fixed assets | 22/27 | €47,793 | €33,764 | -€14,029 | -29.4% |
| Furniture and vehicles | 24 | €47,785 | €33,764 | -€14,020 | -29.3% |
| Other tangible fixed assets | 26 | €8 | €0 | -€8 | -100.0% |
| Current assets | 29/58 | €145,794 | €75,870 | -€69,924 | -48.0% |
| Amounts receivable within one year | 40/41 | €2,531 | €1,441 | -€1,090 | -43.1% |
| Trade receivables | 40 | €2,327 | €236 | -€2,091 | -89.9% |
| Other amounts receivable | 41 | €204 | €1,205 | +€1,001 | +490.9% |
| Current investments | 50/53 | €41,080 | €36,980 | -€4,100 | -10.0% |
| Cash at bank and in hand | 54/58 | €100,173 | €35,298 | -€64,875 | -64.8% |
| Deferred charges and accrued income | 490/1 | €2,010 | €2,151 | +€141 | +7.0% |
| Total equity and liabilities | 10/49 | €193,587 | €109,634 | -€83,953 | -43.4% |
| Equity | 10/15 | €136,638 | €81,798 | -€54,840 | -40.1% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €123,038 | €119,850 | -€3,189 | -2.6% |
| Distributable reserves | 133 | €123,038 | €119,850 | -€3,189 | -2.6% |
| Profit (loss) carried forward | 14 | €0 | -€51,652 | -€51,652 | |
| Amounts payable | 17/49 | €56,948 | €27,836 | -€29,112 | -51.1% |
| Amounts payable after more than one year | 17 | €23,033 | €10,727 | -€12,306 | -53.4% |
| Financial debts | 170/4 | €23,033 | €10,727 | -€12,306 | -53.4% |
| Amounts payable within one year | 42/48 | €33,916 | €17,109 | -€16,806 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €11,716 | €12,306 | +€590 | +5.0% |
| Trade debts | 44 | €1,623 | €180 | -€1,444 | -88.9% |
| Suppliers | 440/4 | €1,623 | €180 | -€1,444 | -88.9% |
| Taxes, remuneration and social security | 45 | €8,176 | €0 | -€8,176 | -100.0% |
| Taxes | 450/3 | €8,176 | €0 | -€8,176 | -100.0% |
| Other amounts payable | 47/48 | €12,400 | €4,624 | -€7,776 | -62.7% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,738 | €14,029 | +€291 | +2.1% |
| Other operating charges | 640/8 | €693 | €162 | -€531 | -76.7% |
| Gross operating margin | 9900 | €6,333 | -€35,933 | -€42,265 | |
| Operating profit (loss) | 9901 | -€8,098 | -€50,123 | -€42,025 | -518.9% |
| Financial income | 75/76B | €6,705 | €1,546 | -€5,160 | -77.0% |
| Recurring financial income | 75 | €6,705 | €1,546 | -€5,160 | -77.0% |
| Financial charges | 65/66B | €3,675 | €6,117 | +€2,441 | +66.4% |
| Recurring financial charges | 65 | €3,675 | €6,117 | +€2,441 | +66.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,068 | -€54,694 | -€49,626 | -979.1% |
| Income taxes | 67/77 | €156 | €146 | -€10 | -6.1% |
| Profit (loss) for the period | 9904 | -€5,224 | -€54,840 | -€49,616 | -949.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,224 | -€54,840 | -€49,616 | -949.7% |
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 1 October 2026 via checked.be.