CERACHOU: 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.
CERACHOU
Largest movements
- Tangible fixed assets +€245,884
new in 2025: €245,884
of which Other tangible fixed assets: +€197,326
- Cash +€23,102
up €23,102 (+48.8%), from €47,351 to €70,452
mainly Debts after one year (+€415,000) and Trade debts (+€50,516)
- Receivables within one year +€19,088
up €19,088 (+638.8%), from €2,988 to €22,075
of which Trade receivables: +€14,771
- Financial fixed assets +€18,100
new in 2025: €18,100
- Stocks and contracts +€14,601
new in 2025: €14,601
- Debts after one year +€415,000
new in 2025: €415,000
- Profit (loss) carried forward -€108,717
down €108,717 (-1091.4%), from -€9,961 to -€118,678
- Other debts -€53,016
down €53,016 (-96.2%), from €55,091 to €2,074
- Trade debts +€50,516
up €50,516 (+10740.3%), from €470 to €50,986
- Tax, wage and social debts +€20,154
up €20,154 (+51971.2%), from €39 to €20,193
of which Remuneration and social security: +€19,049
- Staff costs +€47,569
new in 2025: €47,569
- Gross operating margin -€33,699
down €33,699 (-357.0%), from -€9,438 to -€43,137
- Depreciation +€13,755
new in 2025: €13,755
- Financial charges +€3,458
up €3,458 (+2558.9%), from €135 to €3,593
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 | €55,639 | €380,109 | +€324,471 | +583.2% |
| Fixed assets | 21/28 | - | €268,536 | +€268,536 | |
| Intangible fixed assets | 21 | - | €4,552 | +€4,552 | |
| Tangible fixed assets | 22/27 | - | €245,884 | +€245,884 | |
| Plant, machinery and equipment | 23 | - | €26,098 | +€26,098 | |
| Furniture and vehicles | 24 | - | €22,460 | +€22,460 | |
| Other tangible fixed assets | 26 | - | €197,326 | +€197,326 | |
| Financial fixed assets | 28 | - | €18,100 | +€18,100 | |
| Current assets | 29/58 | €55,639 | €111,573 | +€55,935 | +100.5% |
| Stocks and contracts in progress | 3 | - | €14,601 | +€14,601 | |
| Stocks | 30/36 | - | €14,601 | +€14,601 | |
| Amounts receivable within one year | 40/41 | €2,988 | €22,075 | +€19,088 | +638.8% |
| Trade receivables | 40 | - | €14,771 | +€14,771 | |
| Other amounts receivable | 41 | €2,988 | €7,304 | +€4,316 | +144.5% |
| Cash at bank and in hand | 54/58 | €47,351 | €70,452 | +€23,102 | +48.8% |
| Deferred charges and accrued income | 490/1 | €5,300 | €4,444 | -€856 | -16.1% |
| Total equity and liabilities | 10/49 | €55,639 | €380,109 | +€324,471 | +583.2% |
| Equity | 10/15 | €39 | -€108,678 | -€108,717 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,961 | -€118,678 | -€108,717 | -1091.4% |
| Amounts payable | 17/49 | €55,600 | €488,787 | +€433,187 | +779.1% |
| Amounts payable after more than one year | 17 | - | €415,000 | +€415,000 | |
| Other amounts payable | 178/9 | - | €415,000 | +€415,000 | |
| Amounts payable within one year | 42/48 | €55,600 | €73,787 | +€18,187 | +32.7% |
| Financial debts | 43 | - | €533 | +€533 | |
| Credit institutions | 430/8 | - | €533 | +€533 | |
| Trade debts | 44 | €470 | €50,986 | +€50,516 | +10740.3% |
| Suppliers | 440/4 | €470 | €50,986 | +€50,516 | +10740.3% |
| Taxes, remuneration and social security | 45 | €39 | €20,193 | +€20,154 | +51971.2% |
| Taxes | 450/3 | €39 | €1,145 | +€1,106 | +2851.4% |
| Remuneration and social security | 454/9 | - | €19,049 | +€19,049 | |
| Other amounts payable | 47/48 | €55,091 | €2,074 | -€53,016 | -96.2% |
| Remuneration, social security and pensions | 62 | - | €47,569 | +€47,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13,755 | +€13,755 | |
| Other operating charges | 640/8 | €387 | €663 | +€276 | +71.3% |
| Gross operating margin | 9900 | -€9,438 | -€43,137 | -€33,699 | -357.0% |
| Operating profit (loss) | 9901 | -€9,826 | -€105,125 | -€95,299 | -969.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €135 | €3,593 | +€3,458 | +2558.9% |
| Recurring financial charges | 65 | €135 | €3,593 | +€3,458 | +2558.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,961 | -€108,717 | -€98,756 | -991.4% |
| Profit (loss) for the period | 9904 | -€9,961 | -€108,717 | -€98,756 | -991.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,961 | -€108,717 | -€98,756 | -991.4% |
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 3 October 2026 via checked.be.