CHERBOUS: 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.
What changed
CHERBOUS
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,909
2024 · €20,340-€8,431
Equity
€337,215
2024 · €325,306+€11,909
Cash
€4,449
2024 · €5,633-€1,183
Balance sheet total
€779,451
2024 · €794,442-€14,991
Largest movements
Assets
- Tangible fixed assets -€23,355
down €23,355 (-3.0%), from €779,770 to €756,415
of which Land and buildings: -€29,424
Equity and liabilities
- Debts after one year -€43,868
down €43,868 (-14.0%), from €314,337 to €270,469
- Reserves +€11,909
up €11,909 (+8.4%), from €141,306 to €153,215
of which Distributable reserves: +€11,909
- Tax, wage and social debts +€11,677
up €11,677 (+38.2%), from €30,546 to €42,224
of which Taxes: +€9,025
- Current portion of long-term debt -€8,098
down €8,098 (-14.9%), from €54,237 to €46,139
Income statement
- Staff costs +€19,458
up €19,458 (+18.2%), from €106,764 to €126,222
- Taxes -€7,360
down €7,360 (-61.2%), from €12,017 to €4,657
- Gross operating margin +€6,096
up €6,096 (+2.8%), from €214,352 to €220,448
- Depreciation +€3,332
up €3,332 (+7.1%), from €47,195 to €50,527
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.
Result 2024
€20,340
Gross operating margin
+€6,096
Staff costs
-€19,458
Depreciation
-€3,332
Other operating charges
-€12
Other operating items
+€2,709
Financial income
-€28
Financial charges
-€1,765
Taxes
+€7,360
Result 2025
€11,909
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€74,509
Investment
-€26,929
Financing
-€48,763
Cash 2024
€5,633
From operations (derived)
+€74,509
Net result for the year
+€11,909
Depreciation
+€50,527
Stocks and contracts
-€4,304
Receivables within one year
-€3,668
Deferred charges and accrued income
-€1,818
Trade debts
+€7,912
Tax, wage and social debts
+€11,677
Other debts
+€4,738
Accrued charges and deferred income
-€2,464
Investment (derived)
-€26,929
Investment in fixed assets (net)
-€26,929
Financing
-€48,763
Debts after one year
-€43,868
Current portion of long-term debt
-€8,098
Short-term financial debts
+€3,203
Cash 2025
€4,449
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,442 | €779,451 | -€14,991 | -1.9% |
| Fixed assets | 21/28 | €780,013 | €756,415 | -€23,598 | -3.0% |
| Intangible fixed assets | 21 | €243 | - | -€243 | |
| Tangible fixed assets | 22/27 | €779,770 | €756,415 | -€23,355 | -3.0% |
| Land and buildings | 22 | €757,928 | €728,504 | -€29,424 | -3.9% |
| Plant, machinery and equipment | 23 | €8,109 | €14,677 | +€6,569 | +81.0% |
| Furniture and vehicles | 24 | €13,734 | €13,234 | -€500 | -3.6% |
| Current assets | 29/58 | €14,429 | €23,036 | +€8,607 | +59.7% |
| Stocks and contracts in progress | 3 | €2,010 | €6,314 | +€4,304 | +214% |
| Stocks | 30/36 | €2,010 | €6,314 | +€4,304 | +214% |
| Amounts receivable within one year | 40/41 | €6,169 | €9,837 | +€3,668 | +59.5% |
| Trade receivables | 40 | €3,981 | €3,356 | -€625 | -15.7% |
| Other amounts receivable | 41 | €2,188 | €6,481 | +€4,293 | +196% |
| Cash at bank and in hand | 54/58 | €5,633 | €4,449 | -€1,183 | -21.0% |
| Deferred charges and accrued income | 490/1 | €618 | €2,436 | +€1,818 | +294% |
| Total equity and liabilities | 10/49 | €794,442 | €779,451 | -€14,991 | -1.9% |
| Equity | 10/15 | €325,306 | €337,215 | +€11,909 | +3.7% |
| Contributions | 10/11 | €184,000 | €184,000 | = | 0.0% |
| Reserves | 13 | €141,306 | €153,215 | +€11,909 | +8.4% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €140,306 | €152,215 | +€11,909 | +8.5% |
| Amounts payable | 17/49 | €469,136 | €442,237 | -€26,899 | -5.7% |
| Amounts payable after more than one year | 17 | €314,337 | €270,469 | -€43,868 | -14.0% |
| Financial debts | 170/4 | €314,337 | €270,469 | -€43,868 | -14.0% |
| Amounts payable within one year | 42/48 | €149,336 | €168,768 | +€19,432 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €54,237 | €46,139 | -€8,098 | -14.9% |
| Financial debts | 43 | - | €3,203 | +€3,203 | |
| Credit institutions | 430/8 | - | €3,203 | +€3,203 | |
| Trade debts | 44 | €35,783 | €43,696 | +€7,912 | +22.1% |
| Suppliers | 440/4 | €35,783 | €43,696 | +€7,912 | +22.1% |
| Taxes, remuneration and social security | 45 | €30,546 | €42,224 | +€11,677 | +38.2% |
| Taxes | 450/3 | €14,054 | €23,079 | +€9,025 | +64.2% |
| Remuneration and social security | 454/9 | €16,492 | €19,145 | +€2,653 | +16.1% |
| Other amounts payable | 47/48 | €28,769 | €33,506 | +€4,738 | +16.5% |
| Accrued charges and deferred income | 492/3 | €5,464 | €3,000 | -€2,464 | -45.1% |
| Remuneration, social security and pensions | 62 | €106,764 | €126,222 | +€19,458 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,195 | €50,527 | +€3,332 | +7.1% |
| Other operating charges | 640/8 | €6,468 | €6,481 | +€12 | +0.2% |
| Non-recurring operating charges | 66A | €2,709 | - | -€2,709 | |
| Gross operating margin | 9900 | €214,352 | €220,448 | +€6,096 | +2.8% |
| Operating profit (loss) | 9901 | €51,216 | €37,218 | -€13,998 | -27.3% |
| Financial income | 75/76B | €31 | €3 | -€28 | -91.1% |
| Recurring financial income | 75 | €31 | €3 | -€28 | -91.1% |
| Financial charges | 65/66B | €18,890 | €20,655 | +€1,765 | +9.3% |
| Recurring financial charges | 65 | €18,890 | €20,655 | +€1,765 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €32,357 | €16,566 | -€15,791 | -48.8% |
| Income taxes | 67/77 | €12,017 | €4,657 | -€7,360 | -61.2% |
| Profit (loss) for the period | 9904 | €20,340 | €11,909 | -€8,431 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,340 | €11,909 | -€8,431 | -41.5% |
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 20 October 2026 via checked.be.