Cherry Cake: 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.
Cherry Cake
Largest movements
- Tangible fixed assets +€86,525
up €86,525 (+132%), from €65,513 to €152,037
of which Furniture and vehicles: +€64,005
- Receivables within one year +€22,849
up €22,849 (+53.6%), from €42,648 to €65,497
of which Trade receivables: +€14,207
- Cash -€9,296
down €9,296 (-57.6%), from €16,137 to €6,841
mainly Investment in fixed assets (net) (-€95,410) and Receivables within one year (-€22,849)
- Profit (loss) carried forward +€81,894
up €81,894 (+142%), from €57,496 to €139,390
- Tax, wage and social debts +€10,576
up €10,576 (+29.2%), from €36,175 to €46,751
- Trade debts +€5,051
up €5,051, from €0 to €5,051
- Accrued charges and deferred income +€3,758
new in 2025: €3,758
- Gross operating margin +€69,622
up €69,622 (+137%), from €50,977 to €120,599
- Taxes +€9,527
up €9,527 (+49.8%), from €19,130 to €28,657
- Depreciation +€7,750
up €7,750 (+683%), from €1,135 to €8,885
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 | €125,105 | €226,385 | +€101,280 | +81.0% |
| Fixed assets | 21/28 | €65,513 | €152,037 | +€86,525 | +132% |
| Tangible fixed assets | 22/27 | €65,513 | €152,037 | +€86,525 | +132% |
| Plant, machinery and equipment | 23 | - | €1,340 | +€1,340 | |
| Furniture and vehicles | 24 | €1,388 | €65,393 | +€64,005 | +4,612% |
| Assets under construction and advance payments | 27 | €64,125 | €85,305 | +€21,180 | +33.0% |
| Current assets | 29/58 | €59,592 | €74,348 | +€14,755 | +24.8% |
| Amounts receivable within one year | 40/41 | €42,648 | €65,497 | +€22,849 | +53.6% |
| Trade receivables | 40 | €17,384 | €31,590 | +€14,207 | +81.7% |
| Other amounts receivable | 41 | €25,265 | €33,907 | +€8,642 | +34.2% |
| Cash at bank and in hand | 54/58 | €16,137 | €6,841 | -€9,296 | -57.6% |
| Deferred charges and accrued income | 490/1 | €807 | €2,010 | +€1,202 | +149% |
| Total equity and liabilities | 10/49 | €125,105 | €226,385 | +€101,280 | +81.0% |
| Equity | 10/15 | €88,930 | €170,824 | +€81,894 | +92.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,934 | €28,934 | = | 0.0% |
| Distributable reserves | 133 | €28,934 | €28,934 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,496 | €139,390 | +€81,894 | +142% |
| Amounts payable | 17/49 | €36,175 | €55,561 | +€19,386 | +53.6% |
| Amounts payable within one year | 42/48 | €36,175 | €51,802 | +€15,627 | +43.2% |
| Trade debts | 44 | €0 | €5,051 | +€5,051 | |
| Suppliers | 440/4 | €0 | €5,051 | +€5,051 | |
| Taxes, remuneration and social security | 45 | €36,175 | €46,751 | +€10,576 | +29.2% |
| Taxes | 450/3 | €36,175 | €46,751 | +€10,576 | +29.2% |
| Accrued charges and deferred income | 492/3 | - | €3,758 | +€3,758 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,135 | €8,885 | +€7,750 | +683% |
| Other operating charges | 640/8 | €1,222 | €1,783 | +€561 | +45.9% |
| Gross operating margin | 9900 | €50,977 | €120,599 | +€69,622 | +137% |
| Operating profit (loss) | 9901 | €48,620 | €109,931 | +€61,311 | +126% |
| Financial income | 75/76B | €807 | €982 | +€175 | +21.6% |
| Recurring financial income | 75 | €807 | €982 | +€175 | +21.6% |
| Financial charges | 65/66B | €747 | €362 | -€385 | -51.5% |
| Recurring financial charges | 65 | €747 | €362 | -€385 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €48,681 | €110,551 | +€61,870 | +127% |
| Income taxes | 67/77 | €19,130 | €28,657 | +€9,527 | +49.8% |
| Profit (loss) for the period | 9904 | €29,551 | €81,894 | +€52,343 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €29,551 | €81,894 | +€52,343 | +177% |
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 14 October 2026 via checked.be.