CHARAVOIL: 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.
CHARAVOIL
Largest movements
- Receivables within one year +€50,207
up €50,207 (+233%), from €21,535 to €71,742
of which Other amounts receivable: +€41,892
- Cash -€10,296
down €10,296 (-35.1%), from €29,355 to €19,060
mainly Other debts (-€65,201) and Receivables within one year (-€50,207)
- Tangible fixed assets -€9,458
down €9,458 (-14.0%), from €67,740 to €58,281
- Profit (loss) carried forward +€88,603
up €88,603 (+28.8%), from -€307,939 to -€219,336
- Other debts -€65,201
down €65,201 (-19.0%), from €343,507 to €278,306
- Trade debts +€11,913
up €11,913 (+46.4%), from €25,692 to €37,605
- Tax, wage and social debts -€7,071
down €7,071 (-16.3%), from €43,285 to €36,214
of which Remuneration and social security: -€4,597
- Short-term financial debts +€2,518
up €2,518 (+98.4%), from €2,559 to €5,077
- Gross operating margin +€97,443
up €97,443 (+26.7%), from €365,054 to €462,497
- Staff costs +€51,145
up €51,145 (+17.0%), from €301,146 to €352,291
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 | €133,326 | €163,948 | +€30,622 | +23.0% |
| Fixed assets | 21/28 | €67,740 | €58,281 | -€9,458 | -14.0% |
| Tangible fixed assets | 22/27 | €67,740 | €58,281 | -€9,458 | -14.0% |
| Plant, machinery and equipment | 23 | €67,740 | €58,281 | -€9,458 | -14.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €65,586 | €105,666 | +€40,080 | +61.1% |
| Stocks and contracts in progress | 3 | €9,222 | €7,852 | -€1,370 | -14.9% |
| Stocks | 30/36 | €9,222 | €7,852 | -€1,370 | -14.9% |
| Amounts receivable within one year | 40/41 | €21,535 | €71,742 | +€50,207 | +233% |
| Trade receivables | 40 | €10,806 | €19,122 | +€8,316 | +76.9% |
| Other amounts receivable | 41 | €10,729 | €52,620 | +€41,892 | +390% |
| Cash at bank and in hand | 54/58 | €29,355 | €19,060 | -€10,296 | -35.1% |
| Deferred charges and accrued income | 490/1 | €5,473 | €7,012 | +€1,539 | +28.1% |
| Total equity and liabilities | 10/49 | €133,326 | €163,948 | +€30,622 | +23.0% |
| Equity | 10/15 | -€287,939 | -€199,336 | +€88,603 | +30.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€307,939 | -€219,336 | +€88,603 | +28.8% |
| Amounts payable | 17/49 | €421,265 | €363,284 | -€57,981 | -13.8% |
| Amounts payable within one year | 42/48 | €415,043 | €357,201 | -€57,841 | -13.9% |
| Financial debts | 43 | €2,559 | €5,077 | +€2,518 | +98.4% |
| Credit institutions | 430/8 | €2,559 | €5,077 | +€2,518 | +98.4% |
| Trade debts | 44 | €25,692 | €37,605 | +€11,913 | +46.4% |
| Suppliers | 440/4 | €25,692 | €37,605 | +€11,913 | +46.4% |
| Taxes, remuneration and social security | 45 | €43,285 | €36,214 | -€7,071 | -16.3% |
| Taxes | 450/3 | €4,881 | €2,407 | -€2,474 | -50.7% |
| Remuneration and social security | 454/9 | €38,404 | €33,807 | -€4,597 | -12.0% |
| Other amounts payable | 47/48 | €343,507 | €278,306 | -€65,201 | -19.0% |
| Accrued charges and deferred income | 492/3 | €6,223 | €6,083 | -€140 | -2.2% |
| Remuneration, social security and pensions | 62 | €301,146 | €352,291 | +€51,145 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,532 | €12,572 | -€960 | -7.1% |
| Other operating charges | 640/8 | €2,866 | €1,968 | -€897 | -31.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €365,054 | €462,497 | +€97,443 | +26.7% |
| Operating profit (loss) | 9901 | €47,510 | €95,666 | +€48,156 | +101% |
| Financial income | 75/76B | €347 | €370 | +€23 | +6.5% |
| Recurring financial income | 75 | €347 | €370 | +€23 | +6.5% |
| Financial charges | 65/66B | €8,128 | €7,433 | -€695 | -8.5% |
| Recurring financial charges | 65 | €8,128 | €7,433 | -€695 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €39,730 | €88,603 | +€48,873 | +123% |
| Income taxes | 67/77 | €123 | €0 | -€123 | -100% |
| Profit (loss) for the period | 9904 | €39,606 | €88,603 | +€48,997 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €39,606 | €88,603 | +€48,997 | +124% |
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.