CHERGUI CONSTRUCTION: 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.
CHERGUI CONSTRUCTION
Largest movements
- Cash -€5,769
down €5,769 (-85.2%), from €6,774 to €1,005
mainly Current portion of long-term debt (-€5,101) and Receivables within one year (-€2,493)
- Tangible fixed assets -€3,794
down €3,794 (-78.8%), from €4,814 to €1,020
- Receivables within one year +€2,493
up €2,493 (+7.3%), from €34,053 to €36,546
of which Other amounts receivable: +€2,403
- Current portion of long-term debt -€5,101
down €5,101 (-99.3%), from €5,136 to €35
- Profit (loss) carried forward -€1,114
down €1,114 (-3.1%), from €35,563 to €34,449
- Trade debts -€855
down €855 (-77.4%), from €1,105 to €250
- Turnover -€140,816
no longer reported in 2025 (was €140,816)
- Staff costs -€54,638
down €54,638 (-64.6%), from €84,589 to €29,951
- Gross operating margin -€51,959
down €51,959 (-54.7%), from €94,940 to €42,982
- Purchases and services -€45,876
no longer reported in 2025 (was €45,876)
- Taxes +€8,185
new in 2025: €8,185
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 | €45,641 | €38,571 | -€7,070 | -15.5% |
| Fixed assets | 21/28 | €4,814 | €1,020 | -€3,794 | -78.8% |
| Tangible fixed assets | 22/27 | €4,814 | €1,020 | -€3,794 | -78.8% |
| Furniture and vehicles | 24 | €4,814 | €1,020 | -€3,794 | -78.8% |
| Current assets | 29/58 | €40,827 | €37,551 | -€3,276 | -8.0% |
| Amounts receivable within one year | 40/41 | €34,053 | €36,546 | +€2,493 | +7.3% |
| Trade receivables | 40 | €7,833 | €7,923 | +€90 | +1.2% |
| Other amounts receivable | 41 | €26,220 | €28,623 | +€2,403 | +9.2% |
| Cash at bank and in hand | 54/58 | €6,774 | €1,005 | -€5,769 | -85.2% |
| Total equity and liabilities | 10/49 | €45,641 | €38,571 | -€7,070 | -15.5% |
| Equity | 10/15 | €37,063 | €35,949 | -€1,114 | -3.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,563 | €34,449 | -€1,114 | -3.1% |
| Amounts payable | 17/49 | €8,578 | €2,622 | -€5,956 | -69.4% |
| Amounts payable after more than one year | 17 | €2,336 | €2,336 | = | 0.0% |
| Financial debts | 170/4 | €2,336 | €2,336 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,242 | €285 | -€5,956 | -95.4% |
| Current portion of amounts payable after more than one year | 42 | €5,136 | €35 | -€5,101 | -99.3% |
| Trade debts | 44 | €1,105 | €250 | -€855 | -77.4% |
| Suppliers | 440/4 | €1,105 | €250 | -€855 | -77.4% |
| Turnover | 70 | €140,816 | - | -€140,816 | |
| Goods, raw materials, services and sundry goods | 60/61 | €45,876 | - | -€45,876 | |
| Remuneration, social security and pensions | 62 | €84,589 | €29,951 | -€54,638 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,056 | €3,794 | -€4,262 | -52.9% |
| Other operating charges | 640/8 | €270 | €1,849 | +€1,579 | +585% |
| Gross operating margin | 9900 | €94,940 | €42,982 | -€51,959 | -54.7% |
| Operating profit (loss) | 9901 | €2,025 | €7,387 | +€5,362 | +265% |
| Financial charges | 65/66B | €939 | €315 | -€623 | -66.4% |
| Recurring financial charges | 65 | €939 | €315 | -€623 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €1,086 | €7,072 | +€5,985 | +551% |
| Income taxes | 67/77 | - | €8,185 | +€8,185 | |
| Profit (loss) for the period | 9904 | €1,086 | -€1,114 | -€2,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,086 | -€1,114 | -€2,200 |
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 15 October 2026 via checked.be.