Cherry Meadow: 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 Meadow
Largest movements
- Cash -€189,119
down €189,119 (-94.0%), from €201,241 to €12,122
mainly Contributions, distributions and other (-€200,000) and Other debts (-€192,577)
- Tangible fixed assets +€44,456
up €44,456 (+64.8%), from €68,655 to €113,111
of which Furniture and vehicles: +€33,815
- Other debts -€192,577
down €192,577 (-80.1%), from €240,321 to €47,744
- Debts after one year +€21,604
new in 2025: €21,604
- Reserves +€10,664
up €10,664 (+109%), from €9,749 to €20,413
- Current portion of long-term debt +€9,768
up €9,768, from €0 to €9,768
- Trade debts +€4,391
up €4,391 (+277%), from €1,585 to €5,975
- Depreciation +€15,282
up €15,282 (+139%), from €11,026 to €26,308
- Financial income +€9,624
up €9,624 (+662%), from €1,454 to €11,079
of which Non-recurring financial income: +€10,487
- Taxes +€3,922
up €3,922 (+5.7%), from €68,781 to €72,704
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 | €295,600 | €148,578 | -€147,022 | -49.7% |
| Fixed assets | 21/28 | €73,655 | €117,111 | +€43,456 | +59.0% |
| Tangible fixed assets | 22/27 | €68,655 | €113,111 | +€44,456 | +64.8% |
| Furniture and vehicles | 24 | €37,576 | €71,391 | +€33,815 | +90.0% |
| Other tangible fixed assets | 26 | €31,079 | €41,720 | +€10,641 | +34.2% |
| Financial fixed assets | 28 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Current assets | 29/58 | €221,945 | €31,467 | -€190,478 | -85.8% |
| Amounts receivable within one year | 40/41 | €530 | €145 | -€385 | -72.6% |
| Other amounts receivable | 41 | €530 | €145 | -€385 | -72.6% |
| Current investments | 50/53 | €18,799 | €18,799 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €201,241 | €12,122 | -€189,119 | -94.0% |
| Deferred charges and accrued income | 490/1 | €1,374 | €400 | -€974 | -70.9% |
| Total equity and liabilities | 10/49 | €295,600 | €148,578 | -€147,022 | -49.7% |
| Equity | 10/15 | €28,349 | €39,013 | +€10,664 | +37.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,749 | €20,413 | +€10,664 | +109% |
| Distributable reserves | 133 | €9,749 | €20,413 | +€10,664 | +109% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €267,251 | €109,564 | -€157,686 | -59.0% |
| Amounts payable after more than one year | 17 | - | €21,604 | +€21,604 | |
| Financial debts | 170/4 | - | €21,604 | +€21,604 | |
| Amounts payable within one year | 42/48 | €267,251 | €87,960 | -€179,291 | -67.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,768 | +€9,768 | |
| Financial debts | 43 | €17,000 | €16,945 | -€55 | -0.3% |
| Credit institutions | 430/8 | €17,000 | €16,945 | -€55 | -0.3% |
| Trade debts | 44 | €1,585 | €5,975 | +€4,391 | +277% |
| Suppliers | 440/4 | €1,585 | €5,975 | +€4,391 | +277% |
| Taxes, remuneration and social security | 45 | €8,345 | €7,528 | -€817 | -9.8% |
| Taxes | 450/3 | €8,345 | €7,528 | -€817 | -9.8% |
| Other amounts payable | 47/48 | €240,321 | €47,744 | -€192,577 | -80.1% |
| Non-recurring operating income | 76A | €19,162 | €0 | -€19,162 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,026 | €26,308 | +€15,282 | +139% |
| Other operating charges | 640/8 | €1,316 | €832 | -€484 | -36.8% |
| Non-recurring operating charges | 66A | €5 | €440 | +€435 | +8,953% |
| Gross operating margin | 9900 | €305,060 | €302,636 | -€2,424 | -0.8% |
| Operating profit (loss) | 9901 | €292,714 | €275,057 | -€17,657 | -6.0% |
| Financial income | 75/76B | €1,454 | €11,079 | +€9,624 | +662% |
| Recurring financial income | 75 | €1,454 | €592 | -€863 | -59.3% |
| Non-recurring financial income | 76B | €0 | €10,487 | +€10,487 | |
| Financial charges | 65/66B | €1,832 | €2,768 | +€937 | +51.1% |
| Recurring financial charges | 65 | €1,832 | €2,768 | +€937 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | €292,336 | €283,368 | -€8,969 | -3.1% |
| Income taxes | 67/77 | €68,781 | €72,704 | +€3,922 | +5.7% |
| Profit (loss) for the period | 9904 | €223,555 | €210,664 | -€12,891 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €223,555 | €210,664 | -€12,891 | -5.8% |
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 18 October 2026 via checked.be.