Chardel: what changed
Two fiscal 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.
Chardel
Largest movements
- Tangible fixed assets -€444,536
down €444,536 (-5.1%), from €8.7m to €8.2m
- Debts after one year -€551,064
down €551,064 (-11.7%), from €4.7m to €4.2m
- Reserves +€284,354
up €284,354 (+74.2%), from €383,485 to €667,839
of which Distributable reserves: +€284,354
- Other debts -€257,004
down €257,004 (-8.5%), from €3.0m to €2.8m
- Gross operating margin +€210,207
up €210,207 (+23.9%), from €879,319 to €1.1m
- Taxes +€90,010
up €90,010 (+507.3%), from €17,744 to €107,754
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 | €9,439,844 | €8,936,526 | -€503,318 | -5.3% |
| Fixed assets | 21/28 | €9,369,366 | €8,924,830 | -€444,536 | -4.7% |
| Tangible fixed assets | 22/27 | €8,651,866 | €8,207,330 | -€444,536 | -5.1% |
| Land and buildings | 22 | €8,651,866 | €8,207,330 | -€444,536 | -5.1% |
| Financial fixed assets | 28 | €717,500 | €717,500 | = | 0.0% |
| Current assets | 29/58 | €70,478 | €11,696 | -€58,782 | -83.4% |
| Amounts receivable within one year | 40/41 | €37,248 | €248 | -€37,001 | -99.3% |
| Trade receivables | 40 | €13,101 | - | -€13,101 | |
| Other amounts receivable | 41 | €24,147 | €248 | -€23,900 | -99.0% |
| Cash at bank and in hand | 54/58 | €33,230 | €11,449 | -€21,782 | -65.5% |
| Total equity and liabilities | 10/49 | €9,439,844 | €8,936,526 | -€503,318 | -5.3% |
| Equity | 10/15 | €1,002,659 | €1,287,013 | +€284,354 | +28.4% |
| Contributions | 10/11 | €618,592 | €618,592 | = | 0.0% |
| Reserves | 13 | €383,485 | €667,839 | +€284,354 | +74.2% |
| Non-distributable reserves | 130/1 | €7,153 | €7,153 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,153 | €7,153 | = | 0.0% |
| Distributable reserves | 133 | €376,331 | €660,686 | +€284,354 | +75.6% |
| Profit (loss) carried forward | 14 | €582 | €582 | = | 0.0% |
| Amounts payable | 17/49 | €8,437,185 | €7,649,513 | -€787,672 | -9.3% |
| Amounts payable after more than one year | 17 | €4,720,003 | €4,168,940 | -€551,064 | -11.7% |
| Financial debts | 170/4 | €4,720,003 | €4,168,940 | -€551,064 | -11.7% |
| Amounts payable within one year | 42/48 | €3,587,234 | €3,432,677 | -€154,556 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €537,659 | €551,064 | +€13,405 | +2.5% |
| Trade debts | 44 | €968 | - | -€968 | |
| Suppliers | 440/4 | €968 | - | -€968 | |
| Taxes, remuneration and social security | 45 | €17,744 | €107,754 | +€90,010 | +507.3% |
| Taxes | 450/3 | €17,744 | €107,754 | +€90,010 | +507.3% |
| Other amounts payable | 47/48 | €3,030,863 | €2,773,860 | -€257,004 | -8.5% |
| Accrued charges and deferred income | 492/3 | €129,948 | €47,896 | -€82,053 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €438,552 | €444,536 | +€5,983 | +1.4% |
| Other operating charges | 640/8 | €42,663 | €41,421 | -€1,242 | -2.9% |
| Gross operating margin | 9900 | €879,319 | €1,089,527 | +€210,207 | +23.9% |
| Operating profit (loss) | 9901 | €398,103 | €603,569 | +€205,466 | +51.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €202,920 | €211,461 | +€8,541 | +4.2% |
| Recurring financial charges | 65 | €202,920 | €211,461 | +€8,541 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €195,183 | €392,108 | +€196,925 | +100.9% |
| Income taxes | 67/77 | €17,744 | €107,754 | +€90,010 | +507.3% |
| Profit (loss) for the period | 9904 | €177,439 | €284,354 | +€106,915 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €177,439 | €284,354 | +€106,915 | +60.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.