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CHARDON: 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.

What changed

CHARDON

BE 0422.685.022
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,741
2024 · €3,049+€7,693
Equity
€37,211
2024 · €26,470+€10,741
Cash
€19,289
2024 · €19,002+€287
Balance sheet total
€69,854
2024 · €67,776+€2,078

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income +€1,061

    up €1,061 (+93.8%), from €1,130 to €2,191

  • Tangible fixed assets +€730

    up €730 (+1.5%), from €47,644 to €48,375

    of which Plant, machinery and equipment: +€9,330

Equity and liabilities
  • Other debts -€12,970

    down €12,970 (-31.7%), from €40,879 to €27,909

  • Profit (loss) carried forward +€10,741

    up €10,741 (+178.5%), from €6,018 to €16,759

  • Tax, wage and social debts +€4,326

    up €4,326 (+1312.8%), from €330 to €4,656

Income statement
  • Gross operating margin +€8,614

    up €8,614 (+45.9%), from €18,781 to €27,394

  • Taxes +€4,326

    up €4,326 (+1312.8%), from €330 to €4,656

  • Depreciation -€2,561

    down €2,561 (-20.4%), from €12,571 to €10,010

  • Other operating charges -€849

    down €849 (-30.4%), from €2,792 to €1,943

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,049
Gross operating margin +€8,614
Depreciation +€2,561
Other operating charges +€849
Financial charges -€5
Taxes -€4,326
Result 2025 €10,741

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,027
Investment -€10,740
Financing €0
Cash 2024 €19,002
Net result for the year +€10,741
Depreciation +€10,010
Deferred charges and accrued income -€1,061
Trade debts -€20
Tax, wage and social debts +€4,326
Other debts -€12,970
Investment in fixed assets (net) -€10,740
Cash 2025 €19,289
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €67,776 €69,854 +€2,078 +3.1%
Fixed assets 21/28 €47,644 €48,375 +€730 +1.5%
Tangible fixed assets 22/27 €47,644 €48,375 +€730 +1.5%
Plant, machinery and equipment 23 €10,707 €20,037 +€9,330 +87.1%
Furniture and vehicles 24 €36,938 €28,338 -€8,600 -23.3%
Current assets 29/58 €20,132 €21,480 +€1,347 +6.7%
Cash at bank and in hand 54/58 €19,002 €19,289 +€287 +1.5%
Deferred charges and accrued income 490/1 €1,130 €2,191 +€1,061 +93.8%
Total equity and liabilities 10/49 €67,776 €69,854 +€2,078 +3.1%
Equity 10/15 €26,470 €37,211 +€10,741 +40.6%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €6,018 €16,759 +€10,741 +178.5%
Amounts payable 17/49 €41,307 €32,643 -€8,664 -21.0%
Amounts payable within one year 42/48 €41,307 €32,643 -€8,664 -21.0%
Trade debts 44 €98 €79 -€20 -20.1%
Suppliers 440/4 €98 €79 -€20 -20.1%
Taxes, remuneration and social security 45 €330 €4,656 +€4,326 +1312.8%
Taxes 450/3 €330 €4,656 +€4,326 +1312.8%
Other amounts payable 47/48 €40,879 €27,909 -€12,970 -31.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €12,571 €10,010 -€2,561 -20.4%
Other operating charges 640/8 €2,792 €1,943 -€849 -30.4%
Gross operating margin 9900 €18,781 €27,394 +€8,614 +45.9%
Operating profit (loss) 9901 €3,418 €15,442 +€12,024 +351.8%
Financial charges 65/66B €40 €45 +€5 +13.2%
Recurring financial charges 65 €40 €45 +€5 +13.2%
Profit (loss) for the period before taxes 9903 €3,378 €15,397 +€12,019 +355.8%
Income taxes 67/77 €330 €4,656 +€4,326 +1312.8%
Profit (loss) for the period 9904 €3,049 €10,741 +€7,693 +252.3%
Profit (loss) for the period to be appropriated 9905 €3,049 €10,741 +€7,693 +252.3%

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 28 September 2026 via checked.be.