CHERRY PICKING: 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 PICKING
Largest movements
- Cash -€31,090
down €31,090 (-35.8%), from €86,790 to €55,700
mainly Receivables within one year (-€25,116) and Net result for the year (-€3,352)
- Receivables within one year +€25,116
up €25,116, from €0 to €25,116
of which Trade receivables: +€13,621
- Tangible fixed assets -€2,669
down €2,669 (-41.6%), from €6,422 to €3,754
- Profit (loss) carried forward -€3,352
down €3,352, from €0 to -€3,352
- Tax, wage and social debts -€3,330
down €3,330 (-43.5%), from €7,649 to €4,319
of which Taxes: -€5,880
- Other debts -€2,722
down €2,722 (-100%), from €2,722 to €0
- Gross operating margin -€42,416
down €42,416 (-97.1%), from €43,677 to €1,261
- Taxes -€11,182
down €11,182 (-97.2%), from €11,505 to €323
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 | €96,849 | €88,409 | -€8,439 | -8.7% |
| Fixed assets | 21/28 | €6,422 | €3,754 | -€2,669 | -41.6% |
| Tangible fixed assets | 22/27 | €6,422 | €3,754 | -€2,669 | -41.6% |
| Furniture and vehicles | 24 | €6,422 | €3,754 | -€2,669 | -41.6% |
| Current assets | 29/58 | €90,426 | €84,656 | -€5,771 | -6.4% |
| Amounts receivable within one year | 40/41 | €0 | €25,116 | +€25,116 | |
| Trade receivables | 40 | €0 | €13,621 | +€13,621 | |
| Other amounts receivable | 41 | €0 | €11,494 | +€11,494 | |
| Cash at bank and in hand | 54/58 | €86,790 | €55,700 | -€31,090 | -35.8% |
| Deferred charges and accrued income | 490/1 | €3,636 | €3,840 | +€204 | +5.6% |
| Total equity and liabilities | 10/49 | €96,849 | €88,409 | -€8,439 | -8.7% |
| Equity | 10/15 | €86,287 | €82,934 | -€3,352 | -3.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,087 | €80,087 | = | 0.0% |
| Distributable reserves | 133 | €80,087 | €80,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€3,352 | -€3,352 | |
| Amounts payable | 17/49 | €10,562 | €5,475 | -€5,087 | -48.2% |
| Amounts payable within one year | 42/48 | €10,562 | €5,431 | -€5,131 | -48.6% |
| Trade debts | 44 | €191 | €1,112 | +€920 | +481% |
| Suppliers | 440/4 | €191 | €1,112 | +€920 | +481% |
| Taxes, remuneration and social security | 45 | €7,649 | €4,319 | -€3,330 | -43.5% |
| Taxes | 450/3 | €7,649 | €1,769 | -€5,880 | -76.9% |
| Remuneration and social security | 454/9 | €0 | €2,550 | +€2,550 | |
| Other amounts payable | 47/48 | €2,722 | €0 | -€2,722 | -100% |
| Accrued charges and deferred income | 492/3 | - | €44 | +€44 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,452 | €3,290 | -€162 | -4.7% |
| Other operating charges | 640/8 | €781 | €953 | +€172 | +22.0% |
| Gross operating margin | 9900 | €43,677 | €1,261 | -€42,416 | -97.1% |
| Operating profit (loss) | 9901 | €39,444 | -€2,982 | -€42,426 | |
| Financial income | 75/76B | €0 | €88 | +€88 | +442,050% |
| Recurring financial income | 75 | €0 | €88 | +€88 | +442,050% |
| Financial charges | 65/66B | €217 | €136 | -€81 | -37.3% |
| Recurring financial charges | 65 | €217 | €136 | -€81 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €39,227 | -€3,029 | -€42,256 | |
| Income taxes | 67/77 | €11,505 | €323 | -€11,182 | -97.2% |
| Profit (loss) for the period | 9904 | €27,723 | -€3,352 | -€31,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,723 | -€3,352 | -€31,075 |
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.