Dr CHERUY: what changed
Dr CHERUY
Largest movements
- Cash +€112,789
up €112,789 (+53.2%), from €211,972 to €324,761
mainly Net result for the year (+€116,889) and Deferred charges and accrued income (+€42,939)
- Deferred charges and accrued income -€42,939
down €42,939 (-68.9%), from €62,283 to €19,344
- Receivables within one year +€23,220
up €23,220 (+15.8%), from €147,390 to €170,610
- Tangible fixed assets -€13,216
down €13,216 (-41.6%), from €31,801 to €18,585
of which Furniture and vehicles: -€12,380
- Reserves +€84,030
up €84,030 (+20.9%), from €401,159 to €485,189
- Tax, wage and social debts -€6,504
down €6,504 (-29.4%), from €22,120 to €15,616
- Gross operating margin +€10,765
up €10,765 (+6.5%), from €164,669 to €175,434
- Other operating charges -€3,967
down €3,967 (-81.6%), from €4,863 to €896
- Taxes +€3,815
up €3,815 (+7.3%), from €52,575 to €56,390
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,446 | €533,300 | +€79,854 | +17.6% |
| Fixed assets | 21/28 | €31,801 | €18,585 | -€13,216 | -41.6% |
| Tangible fixed assets | 22/27 | €31,801 | €18,585 | -€13,216 | -41.6% |
| Land and buildings | 22 | €148 | - | -€148 | |
| Plant, machinery and equipment | 23 | €1,523 | €834 | -€689 | -45.2% |
| Furniture and vehicles | 24 | €30,131 | €17,751 | -€12,380 | -41.1% |
| Current assets | 29/58 | €421,645 | €514,715 | +€93,070 | +22.1% |
| Amounts receivable within one year | 40/41 | €147,390 | €170,610 | +€23,220 | +15.8% |
| Other amounts receivable | 41 | €147,390 | €170,610 | +€23,220 | +15.8% |
| Cash at bank and in hand | 54/58 | €211,972 | €324,761 | +€112,789 | +53.2% |
| Deferred charges and accrued income | 490/1 | €62,283 | €19,344 | -€42,939 | -68.9% |
| Total equity and liabilities | 10/49 | €453,446 | €533,300 | +€79,854 | +17.6% |
| Equity | 10/15 | €428,949 | €512,988 | +€84,039 | +19.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €401,159 | €485,189 | +€84,030 | +20.9% |
| Non-distributable reserves | 130/1 | €401,159 | €485,189 | +€84,030 | +20.9% |
| Reserves not available under the articles | 1311 | €401,159 | €485,189 | +€84,030 | +20.9% |
| Profit (loss) carried forward | 14 | €21,593 | €21,602 | +€9 | 0.0% |
| Amounts payable | 17/49 | €24,497 | €20,312 | -€4,185 | -17.1% |
| Amounts payable within one year | 42/48 | €23,623 | €19,432 | -€4,191 | -17.7% |
| Trade debts | 44 | €1,503 | €3,816 | +€2,312 | +154% |
| Suppliers | 440/4 | €1,503 | €3,816 | +€2,312 | +154% |
| Taxes, remuneration and social security | 45 | €22,120 | €15,616 | -€6,504 | -29.4% |
| Taxes | 450/3 | €22,120 | €15,616 | -€6,504 | -29.4% |
| Accrued charges and deferred income | 492/3 | €874 | €880 | +€6 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,262 | €13,216 | +€954 | +7.8% |
| Other operating charges | 640/8 | €4,863 | €896 | -€3,967 | -81.6% |
| Gross operating margin | 9900 | €164,669 | €175,434 | +€10,765 | +6.5% |
| Operating profit (loss) | 9901 | €147,544 | €161,322 | +€13,778 | +9.3% |
| Financial income | 75/76B | €11,598 | €12,215 | +€617 | +5.3% |
| Recurring financial income | 75 | €11,598 | €12,215 | +€617 | +5.3% |
| Financial charges | 65/66B | €149 | €259 | +€109 | +73.3% |
| Recurring financial charges | 65 | €149 | €259 | +€109 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | €158,993 | €173,279 | +€14,286 | +9.0% |
| Income taxes | 67/77 | €52,575 | €56,390 | +€3,815 | +7.3% |
| Profit (loss) for the period | 9904 | €106,418 | €116,889 | +€10,471 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106,418 | €116,889 | +€10,471 | +9.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.