CHERONGO: 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.
CHERONGO
Largest movements
- Tangible fixed assets -€28,315
down €28,315 (-7.7%), from €368,661 to €340,347
of which Land and buildings: -€25,755
- Cash -€11,638
down €11,638 (-61.1%), from €19,053 to €7,414
mainly Net result for the year (-€34,760) and Debts after one year (-€15,943)
- Profit (loss) carried forward -€34,760
down €34,760 (-41.2%), from -€84,394 to -€119,153
- Debts after one year -€15,943
down €15,943 (-8.6%), from €184,909 to €168,966
- Trade debts -€10,911
down €10,911 (-95.8%), from €11,395 to €484
- Other debts +€10,482
up €10,482 (+8.8%), from €119,484 to €129,966
- Gross operating margin -€76,357
down €76,357, from €68,277 to -€8,080
- Staff costs -€13,055
down €13,055 (-94.5%), from €13,808 to €753
- Financial income +€6,967
up €6,967 (+106360.3%), from €7 to €6,973
of which Non-recurring financial income: +€6,973
- Other operating charges -€3,852
down €3,852 (-82.4%), from €4,677 to €825
- Financial charges -€863
down €863 (-20.4%), from €4,233 to €3,370
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,675 | €349,830 | -€47,845 | -12.0% |
| Formation expenses | 20 | €46 | €0 | -€46 | -100.0% |
| Fixed assets | 21/28 | €368,661 | €340,347 | -€28,315 | -7.7% |
| Tangible fixed assets | 22/27 | €368,661 | €340,347 | -€28,315 | -7.7% |
| Land and buildings | 22 | €364,698 | €338,944 | -€25,755 | -7.1% |
| Plant, machinery and equipment | 23 | €1,088 | €219 | -€870 | -79.9% |
| Furniture and vehicles | 24 | €2,875 | €1,184 | -€1,690 | -58.8% |
| Current assets | 29/58 | €28,968 | €9,483 | -€19,485 | -67.3% |
| Stocks and contracts in progress | 3 | €3,902 | €0 | -€3,902 | -100.0% |
| Stocks | 30/36 | €3,902 | €0 | -€3,902 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,014 | €2,069 | -€3,945 | -65.6% |
| Trade receivables | 40 | €5,027 | €0 | -€5,027 | -100.0% |
| Other amounts receivable | 41 | €986 | €2,069 | +€1,083 | +109.8% |
| Cash at bank and in hand | 54/58 | €19,053 | €7,414 | -€11,638 | -61.1% |
| Total equity and liabilities | 10/49 | €397,675 | €349,830 | -€47,845 | -12.0% |
| Equity | 10/15 | €65,606 | €30,847 | -€34,760 | -53.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,394 | -€119,153 | -€34,760 | -41.2% |
| Amounts payable | 17/49 | €332,069 | €318,983 | -€13,085 | -3.9% |
| Amounts payable after more than one year | 17 | €184,909 | €168,966 | -€15,943 | -8.6% |
| Financial debts | 170/4 | €184,909 | €168,966 | -€15,943 | -8.6% |
| Amounts payable within one year | 42/48 | €147,160 | €150,017 | +€2,857 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,700 | €18,943 | +€3,243 | +20.7% |
| Trade debts | 44 | €11,395 | €484 | -€10,911 | -95.8% |
| Suppliers | 440/4 | €11,395 | €484 | -€10,911 | -95.8% |
| Taxes, remuneration and social security | 45 | €582 | €625 | +€43 | +7.4% |
| Taxes | 450/3 | €582 | €625 | +€43 | +7.4% |
| Other amounts payable | 47/48 | €119,484 | €129,966 | +€10,482 | +8.8% |
| Remuneration, social security and pensions | 62 | €13,808 | €753 | -€13,055 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,603 | €28,361 | -€242 | -0.8% |
| Other operating charges | 640/8 | €4,677 | €825 | -€3,852 | -82.4% |
| Non-recurring operating charges | 66A | - | €232 | +€232 | |
| Gross operating margin | 9900 | €68,277 | -€8,080 | -€76,357 | |
| Operating profit (loss) | 9901 | €21,189 | -€38,251 | -€59,440 | |
| Financial income | 75/76B | €7 | €6,973 | +€6,967 | +106360.3% |
| Recurring financial income | 75 | €7 | €6,973 | +€6,967 | +106360.3% |
| Non-recurring financial income | 76B | - | €6,973 | +€6,973 | |
| Financial charges | 65/66B | €4,233 | €3,370 | -€863 | -20.4% |
| Recurring financial charges | 65 | €4,233 | €3,370 | -€863 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €16,962 | -€34,648 | -€51,610 | |
| Income taxes | 67/77 | €116 | €112 | -€4 | -3.6% |
| Profit (loss) for the period | 9904 | €16,846 | -€34,760 | -€51,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,846 | -€34,760 | -€51,606 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.