CHARDON: 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.
CHARDON
Largest movements
- Tangible fixed assets -€8,913
down €8,913 (-2.8%), from €318,305 to €309,392
of which Land and buildings: -€5,847
- Cash -€5,352
down €5,352 (-9.1%), from €58,529 to €53,178
mainly Investment in fixed assets (net) (-€27,836) and Net result for the year (-€13,311)
- Deferred charges and accrued income -€4,323
down €4,323 (-23.6%), from €18,343 to €14,021
- Profit (loss) carried forward -€13,311
down €13,311 (-32.3%), from €41,263 to €27,952
- Depreciation -€3,395
down €3,395 (-8.5%), from €40,144 to €36,749
- Gross operating margin +€1,990
up €1,990 (+7.0%), from €28,366 to €30,357
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 | €408,731 | €392,634 | -€16,097 | -3.9% |
| Fixed assets | 21/28 | €318,305 | €309,392 | -€8,913 | -2.8% |
| Tangible fixed assets | 22/27 | €318,305 | €309,392 | -€8,913 | -2.8% |
| Land and buildings | 22 | €172,089 | €166,242 | -€5,847 | -3.4% |
| Plant, machinery and equipment | 23 | €108,058 | €105,593 | -€2,465 | -2.3% |
| Furniture and vehicles | 24 | €38,158 | €37,556 | -€601 | -1.6% |
| Current assets | 29/58 | €90,426 | €83,242 | -€7,184 | -7.9% |
| Amounts receivable within one year | 40/41 | €7,525 | €10,015 | +€2,490 | +33.1% |
| Trade receivables | 40 | €7,330 | €6,363 | -€967 | -13.2% |
| Other amounts receivable | 41 | €194 | €3,651 | +€3,457 | +1,778% |
| Current investments | 50/53 | €6,029 | €6,029 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,529 | €53,178 | -€5,352 | -9.1% |
| Deferred charges and accrued income | 490/1 | €18,343 | €14,021 | -€4,323 | -23.6% |
| Total equity and liabilities | 10/49 | €408,731 | €392,634 | -€16,097 | -3.9% |
| Equity | 10/15 | €109,463 | €96,152 | -€13,311 | -12.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,263 | €27,952 | -€13,311 | -32.3% |
| Amounts payable | 17/49 | €299,268 | €296,481 | -€2,786 | -0.9% |
| Amounts payable after more than one year | 17 | €290,383 | €286,764 | -€3,619 | -1.2% |
| Financial debts | 170/4 | €290,383 | €286,764 | -€3,619 | -1.2% |
| Amounts payable within one year | 42/48 | €8,845 | €9,717 | +€872 | +9.9% |
| Trade debts | 44 | €7,981 | €8,311 | +€330 | +4.1% |
| Suppliers | 440/4 | €7,981 | €8,311 | +€330 | +4.1% |
| Taxes, remuneration and social security | 45 | €864 | €1,407 | +€542 | +62.7% |
| Taxes | 450/3 | €864 | €1,407 | +€542 | +62.7% |
| Accrued charges and deferred income | 492/3 | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,144 | €36,749 | -€3,395 | -8.5% |
| Other operating charges | 640/8 | €6,814 | €6,819 | +€6 | +0.1% |
| Gross operating margin | 9900 | €28,366 | €30,357 | +€1,990 | +7.0% |
| Operating profit (loss) | 9901 | -€18,591 | -€13,211 | +€5,380 | +28.9% |
| Financial income | 75/76B | €343 | €269 | -€74 | -21.6% |
| Recurring financial income | 75 | €343 | €269 | -€74 | -21.6% |
| Financial charges | 65/66B | €386 | €368 | -€18 | -4.6% |
| Recurring financial charges | 65 | €386 | €368 | -€18 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,634 | -€13,311 | +€5,323 | +28.6% |
| Profit (loss) for the period | 9904 | -€18,634 | -€13,311 | +€5,323 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,634 | -€13,311 | +€5,323 | +28.6% |
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 16 October 2026 via checked.be.