CHERRY PICKER: 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 PICKER
Largest movements
- Cash +€39,849
up €39,849 (+240.9%), from €16,539 to €56,388
mainly Debts after one year (+€27,963) and Net result for the year (+€9,474)
- Stocks and contracts +€11,778
up €11,778 (+15.2%), from €77,329 to €89,107
- Debts after one year +€27,963
up €27,963 (+2055.2%), from €1,361 to €29,324
- Reserves +€9,474
up €9,474 (+62.0%), from €15,271 to €24,745
- Current portion of long-term debt +€6,399
up €6,399 (+1003.0%), from €638 to €7,037
- Tax, wage and social debts +€6,064
up €6,064 (+95.3%), from €6,363 to €12,427
- Accrued charges and deferred income +€2,517
up €2,517 (+667.7%), from €377 to €2,894
- Gross operating margin +€12,971
up €12,971 (+173.1%), from €7,491 to €20,462
- Taxes +€2,920
up €2,920 (+272.6%), from €1,071 to €3,991
- Financial charges +€2,549
up €2,549 (+103.9%), from €2,455 to €5,004
- Depreciation -€1,668
down €1,668 (-93.3%), from €1,788 to €120
- Other operating charges +€541
up €541 (+35.2%), from €1,539 to €2,080
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.
Cash bridge derived
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 | €96,101 | €148,607 | +€52,506 | +54.6% |
| Fixed assets | 21/28 | €120 | €50 | -€70 | -58.3% |
| Tangible fixed assets | 22/27 | €120 | €0 | -€120 | -100.0% |
| Land and buildings | 22 | €26 | €0 | -€26 | -100.0% |
| Plant, machinery and equipment | 23 | €91 | €0 | -€91 | -100.0% |
| Furniture and vehicles | 24 | €3 | €0 | -€3 | -100.0% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €95,981 | €148,557 | +€52,576 | +54.8% |
| Stocks and contracts in progress | 3 | €77,329 | €89,107 | +€11,778 | +15.2% |
| Stocks | 30/36 | €77,329 | €89,107 | +€11,778 | +15.2% |
| Amounts receivable within one year | 40/41 | €560 | €1,448 | +€889 | +158.8% |
| Trade receivables | 40 | €49 | €0 | -€49 | -100.0% |
| Other amounts receivable | 41 | €511 | €1,448 | +€938 | +183.7% |
| Cash at bank and in hand | 54/58 | €16,539 | €56,388 | +€39,849 | +240.9% |
| Deferred charges and accrued income | 490/1 | €1,553 | €1,613 | +€60 | +3.9% |
| Total equity and liabilities | 10/49 | €96,101 | €148,607 | +€52,506 | +54.6% |
| Equity | 10/15 | €33,871 | €45,595 | +€11,724 | +34.6% |
| Contributions | 10/11 | €18,600 | €20,850 | +€2,250 | +12.1% |
| Reserves | 13 | €15,271 | €24,745 | +€9,474 | +62.0% |
| Distributable reserves | 133 | €15,271 | €24,745 | +€9,474 | +62.0% |
| Amounts payable | 17/49 | €62,230 | €103,012 | +€40,782 | +65.5% |
| Amounts payable after more than one year | 17 | €1,361 | €29,324 | +€27,963 | +2055.2% |
| Financial debts | 170/4 | €1,361 | €29,324 | +€27,963 | +2055.2% |
| Amounts payable within one year | 42/48 | €60,493 | €70,794 | +€10,302 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €638 | €7,037 | +€6,399 | +1003.0% |
| Trade debts | 44 | €17,445 | €16,067 | -€1,378 | -7.9% |
| Suppliers | 440/4 | €17,445 | €16,067 | -€1,378 | -7.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,363 | €12,427 | +€6,064 | +95.3% |
| Taxes | 450/3 | €6,363 | €12,427 | +€6,064 | +95.3% |
| Other amounts payable | 47/48 | €36,046 | €35,263 | -€783 | -2.2% |
| Accrued charges and deferred income | 492/3 | €377 | €2,894 | +€2,517 | +667.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,788 | €120 | -€1,668 | -93.3% |
| Other operating charges | 640/8 | €1,539 | €2,080 | +€541 | +35.2% |
| Gross operating margin | 9900 | €7,491 | €20,462 | +€12,971 | +173.1% |
| Operating profit (loss) | 9901 | €4,165 | €18,262 | +€14,097 | +338.5% |
| Financial income | 75/76B | €0 | €207 | +€207 | +147692.9% |
| Recurring financial income | 75 | €0 | €207 | +€207 | +147692.9% |
| Financial charges | 65/66B | €2,455 | €5,004 | +€2,549 | +103.9% |
| Recurring financial charges | 65 | €2,455 | €5,004 | +€2,549 | +103.9% |
| Profit (loss) for the period before taxes | 9903 | €1,710 | €13,465 | +€11,755 | +687.3% |
| Income taxes | 67/77 | €1,071 | €3,991 | +€2,920 | +272.6% |
| Profit (loss) for the period | 9904 | €639 | €9,474 | +€8,835 | +1382.6% |
| Profit (loss) for the period to be appropriated | 9905 | €639 | €9,474 | +€8,835 | +1382.6% |
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 9 October 2026 via checked.be.