Cherain Morris Consulting: 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.
Cherain Morris Consulting
Largest movements
- Cash +€34,950
up €34,950 (+4,798%), from €728 to €35,678
mainly Net result for the year (+€70,136) and Depreciation (+€19,922)
- Tangible fixed assets +€16,955
up €16,955 (+3.4%), from €498,591 to €515,545
of which Land and buildings: +€22,279
- Receivables within one year +€7,203
new in 2025: €7,203
- Profit (loss) carried forward +€70,136
up €70,136, from -€69,208 to €928
- Tax, wage and social debts -€9,594
down €9,594 (-34.6%), from €27,759 to €18,165
of which Taxes: -€11,629
- Debts after one year +€8,708
up €8,708 (+2.6%), from €331,710 to €340,418
- Current portion of long-term debt -€8,669
down €8,669 (-43.0%), from €20,161 to €11,492
- Other debts -€7,803
down €7,803 (-20.0%), from €39,023 to €31,220
- Gross operating margin +€132,665
up €132,665, from -€27,565 to €105,100
- Financial charges +€5,067
up €5,067 (+56.8%), from €8,920 to €13,987
- Depreciation +€4,710
up €4,710 (+31.0%), from €15,212 to €19,922
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 | €501,868 | €559,083 | +€57,214 | +11.4% |
| Formation expenses | 20 | €204 | - | -€204 | |
| Fixed assets | 21/28 | €498,591 | €515,545 | +€16,955 | +3.4% |
| Tangible fixed assets | 22/27 | €498,591 | €515,545 | +€16,955 | +3.4% |
| Land and buildings | 22 | €492,829 | €515,108 | +€22,279 | +4.5% |
| Leasing and similar rights | 25 | €4,922 | - | -€4,922 | |
| Other tangible fixed assets | 26 | €840 | €437 | -€403 | -48.0% |
| Current assets | 29/58 | €3,073 | €43,537 | +€40,464 | +1,317% |
| Amounts receivable within one year | 40/41 | - | €7,203 | +€7,203 | |
| Trade receivables | 40 | - | €7,203 | +€7,203 | |
| Cash at bank and in hand | 54/58 | €728 | €35,678 | +€34,950 | +4,798% |
| Deferred charges and accrued income | 490/1 | €2,345 | €656 | -€1,689 | -72.0% |
| Total equity and liabilities | 10/49 | €501,868 | €559,083 | +€57,214 | +11.4% |
| Equity | 10/15 | €80,392 | €150,528 | +€70,136 | +87.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €139,600 | €139,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €97,500 | €97,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,208 | €928 | +€70,136 | |
| Amounts payable | 17/49 | €421,476 | €408,554 | -€12,922 | -3.1% |
| Amounts payable after more than one year | 17 | €331,710 | €340,418 | +€8,708 | +2.6% |
| Financial debts | 170/4 | €331,710 | €340,418 | +€8,708 | +2.6% |
| Amounts payable within one year | 42/48 | €89,766 | €67,513 | -€22,253 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €20,161 | €11,492 | -€8,669 | -43.0% |
| Financial debts | 43 | - | €4,377 | +€4,377 | |
| Credit institutions | 430/8 | - | €4,377 | +€4,377 | |
| Trade debts | 44 | €2,823 | €2,259 | -€564 | -20.0% |
| Suppliers | 440/4 | €2,823 | €2,259 | -€564 | -20.0% |
| Taxes, remuneration and social security | 45 | €27,759 | €18,165 | -€9,594 | -34.6% |
| Taxes | 450/3 | €24,835 | €13,207 | -€11,629 | -46.8% |
| Remuneration and social security | 454/9 | €2,924 | €4,959 | +€2,034 | +69.6% |
| Other amounts payable | 47/48 | €39,023 | €31,220 | -€7,803 | -20.0% |
| Accrued charges and deferred income | 492/3 | - | €623 | +€623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,212 | €19,922 | +€4,710 | +31.0% |
| Other operating charges | 640/8 | €289 | €512 | +€223 | +77.4% |
| Non-recurring operating charges | 66A | €20,723 | - | -€20,723 | |
| Gross operating margin | 9900 | -€27,565 | €105,100 | +€132,665 | |
| Operating profit (loss) | 9901 | -€63,788 | €84,666 | +€148,455 | |
| Financial income | 75/76B | €5 | €10 | +€5 | +90.6% |
| Recurring financial income | 75 | €5 | €10 | +€5 | +90.6% |
| Financial charges | 65/66B | €8,920 | €13,987 | +€5,067 | +56.8% |
| Recurring financial charges | 65 | €8,920 | €13,987 | +€5,067 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | -€72,703 | €70,689 | +€143,392 | |
| Income taxes | 67/77 | - | €553 | +€553 | |
| Profit (loss) for the period | 9904 | -€72,703 | €70,136 | +€142,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,703 | €70,136 | +€142,839 |
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 22 October 2026 via checked.be.