SHERI’S: 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.
SHERI’S
Largest movements
- Stocks and contracts -€44,519
down €44,519 (-39.3%), from €113,341 to €68,822
- Cash +€17,379
up €17,379 (+17.5%), from €99,543 to €116,922
mainly Net result for the year (+€62,851) and Stocks and contracts (+€44,519)
- Receivables within one year +€10,023
up €10,023 (+501%), from €2,000 to €12,023
- Tangible fixed assets -€3,975
no longer reported in 2025 (was €3,975)
- Financial fixed assets +€3,500
up €3,500 (+64.2%), from €5,450 to €8,950
- Profit (loss) carried forward +€62,851
up €62,851 (+296%), from €21,209 to €84,060
- Debts after one year -€55,892
down €55,892 (-54.0%), from €103,417 to €47,525
- Trade debts -€33,693
down €33,693 (-85.2%), from €39,537 to €5,844
- Tax, wage and social debts +€30,298
up €30,298 (+157%), from €19,283 to €49,581
of which Taxes: +€25,412
- Other debts -€21,156
no longer reported in 2025 (was €21,156)
- Gross operating margin +€87,013
up €87,013 (+91.6%), from €94,965 to €181,978
- Purchases and services -€44,867
down €44,867 (-11.8%), from €379,230 to €334,363
- Turnover +€23,904
up €23,904 (+5.0%), from €474,195 to €498,099
- Other operating charges +€12,278
up €12,278 (+819%), from €1,500 to €13,778
- Taxes +€11,754
up €11,754 (+143%), from €8,202 to €19,956
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 | €224,309 | €206,717 | -€17,592 | -7.8% |
| Fixed assets | 21/28 | €9,425 | €8,950 | -€475 | -5.0% |
| Tangible fixed assets | 22/27 | €3,975 | - | -€3,975 | |
| Furniture and vehicles | 24 | €3,975 | - | -€3,975 | |
| Financial fixed assets | 28 | €5,450 | €8,950 | +€3,500 | +64.2% |
| Current assets | 29/58 | €214,884 | €197,767 | -€17,117 | -8.0% |
| Stocks and contracts in progress | 3 | €113,341 | €68,822 | -€44,519 | -39.3% |
| Stocks | 30/36 | €113,341 | €68,822 | -€44,519 | -39.3% |
| Amounts receivable within one year | 40/41 | €2,000 | €12,023 | +€10,023 | +501% |
| Other amounts receivable | 41 | €2,000 | €12,023 | +€10,023 | +501% |
| Cash at bank and in hand | 54/58 | €99,543 | €116,922 | +€17,379 | +17.5% |
| Total equity and liabilities | 10/49 | €224,309 | €206,717 | -€17,592 | -7.8% |
| Equity | 10/15 | €40,916 | €103,767 | +€62,851 | +154% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | - | -€19,000 | |
| Other | 1109/19 | €19,000 | - | -€19,000 | |
| Reserves | 13 | €707 | €707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €707 | €707 | = | 0.0% |
| Reserves not available under the articles | 1311 | €707 | €707 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,209 | €84,060 | +€62,851 | +296% |
| Amounts payable | 17/49 | €183,393 | €102,950 | -€80,443 | -43.9% |
| Amounts payable after more than one year | 17 | €103,417 | €47,525 | -€55,892 | -54.0% |
| Financial debts | 170/4 | €103,417 | €47,525 | -€55,892 | -54.0% |
| Amounts payable within one year | 42/48 | €79,976 | €55,425 | -€24,551 | -30.7% |
| Trade debts | 44 | €39,537 | €5,844 | -€33,693 | -85.2% |
| Suppliers | 440/4 | €39,537 | €5,844 | -€33,693 | -85.2% |
| Taxes, remuneration and social security | 45 | €19,283 | €49,581 | +€30,298 | +157% |
| Taxes | 450/3 | €17,086 | €42,498 | +€25,412 | +149% |
| Remuneration and social security | 454/9 | €2,197 | €7,083 | +€4,886 | +222% |
| Other amounts payable | 47/48 | €21,156 | - | -€21,156 | |
| Turnover | 70 | €474,195 | €498,099 | +€23,904 | +5.0% |
| Non-recurring operating income | 76A | - | €8,308 | +€8,308 | |
| Goods, raw materials, services and sundry goods | 60/61 | €379,230 | €334,363 | -€44,867 | -11.8% |
| Remuneration, social security and pensions | 62 | €68,433 | €74,570 | +€6,137 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,079 | €1,964 | -€115 | -5.5% |
| Other operating charges | 640/8 | €1,500 | €13,778 | +€12,278 | +819% |
| Gross operating margin | 9900 | €94,965 | €181,978 | +€87,013 | +91.6% |
| Operating profit (loss) | 9901 | €22,953 | €91,666 | +€68,713 | +299% |
| Financial income | 75/76B | €523 | €417 | -€106 | -20.3% |
| Recurring financial income | 75 | €523 | €417 | -€106 | -20.3% |
| Financial charges | 65/66B | €4,674 | €9,276 | +€4,602 | +98.5% |
| Recurring financial charges | 65 | €4,674 | €9,276 | +€4,602 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | €18,802 | €82,807 | +€64,005 | +340% |
| Income taxes | 67/77 | €8,202 | €19,956 | +€11,754 | +143% |
| Profit (loss) for the period | 9904 | €10,600 | €62,851 | +€52,251 | +493% |
| Profit (loss) for the period to be appropriated | 9905 | €10,600 | €62,851 | +€52,251 | +493% |
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 25 October 2026 via checked.be.