C CHEESE: 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.
C CHEESE
Largest movements
- Cash +€6,706
up €6,706 (+2024.5%), from €331 to €7,037
mainly Net result for the year (+€3,647) and Trade debts (+€2,796)
- Tangible fixed assets -€536
down €536 (-100.0%), from €536 to €0
- Profit (loss) carried forward +€3,647
up €3,647 (+26.8%), from -€13,592 to -€9,945
- Trade debts +€2,796
up €2,796 (+38.4%), from €7,286 to €10,082
- Gross operating margin +€6,964
up €6,964, from -€2,396 to €4,568
- Purchases and services -€2,396
no longer reported in 2025 (was €2,396)
- Other operating charges +€787
new in 2025: €787
- Depreciation -€631
no longer reported in 2025 (was €631)
- Taxes -€345
down €345 (-85.3%), from €404 to €59
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 | €33,009 | €39,179 | +€6,170 | +18.7% |
| Fixed assets | 21/28 | €536 | €0 | -€536 | -100.0% |
| Tangible fixed assets | 22/27 | €536 | €0 | -€536 | -100.0% |
| Furniture and vehicles | 24 | €536 | €0 | -€536 | -100.0% |
| Current assets | 29/58 | €32,473 | €39,179 | +€6,706 | +20.7% |
| Amounts receivable within one year | 40/41 | €31,363 | €31,363 | = | 0.0% |
| Trade receivables | 40 | €31,363 | €31,363 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €331 | €7,037 | +€6,706 | +2024.5% |
| Deferred charges and accrued income | 490/1 | €779 | €779 | = | 0.0% |
| Total equity and liabilities | 10/49 | €33,009 | €39,179 | +€6,170 | +18.7% |
| Equity | 10/15 | €1,408 | €5,055 | +€3,647 | +259.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,592 | -€9,945 | +€3,647 | +26.8% |
| Amounts payable | 17/49 | €31,601 | €34,124 | +€2,523 | +8.0% |
| Amounts payable within one year | 42/48 | €31,601 | €34,124 | +€2,523 | +8.0% |
| Trade debts | 44 | €7,286 | €10,082 | +€2,796 | +38.4% |
| Suppliers | 440/4 | €7,286 | €10,082 | +€2,796 | +38.4% |
| Taxes, remuneration and social security | 45 | €4,573 | €4,300 | -€273 | -6.0% |
| Taxes | 450/3 | €4,573 | €4,300 | -€273 | -6.0% |
| Other amounts payable | 47/48 | €19,742 | €19,742 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,396 | - | -€2,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | - | -€631 | |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€2,396 | €4,568 | +€6,964 | |
| Operating profit (loss) | 9901 | -€3,026 | €3,781 | +€6,808 | |
| Financial charges | 65/66B | €73 | €75 | +€2 | +2.6% |
| Recurring financial charges | 65 | €73 | €75 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,100 | €3,706 | +€6,806 | |
| Income taxes | 67/77 | €404 | €59 | -€345 | -85.3% |
| Profit (loss) for the period | 9904 | -€3,504 | €3,647 | +€7,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,504 | €3,647 | +€7,151 |
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 12 October 2026 via checked.be.