CHARDON AND CO: 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 AND CO
Largest movements
- Tangible fixed assets +€82,765
up €82,765 (+65.2%), from €126,959 to €209,725
of which Other tangible fixed assets: +€78,442
- Cash -€75,223
down €75,223 (-81.3%), from €92,487 to €17,264
mainly Investment in fixed assets (net) (-€118,378) and Contributions, distributions and other (-€63,902)
- Receivables within one year -€72,250
down €72,250 (-49.8%), from €145,129 to €72,878
of which Trade receivables: -€42,621
- Stocks and contracts +€19,502
up €19,502 (+32.1%), from €60,674 to €80,176
- Deferred charges and accrued income -€12,113
down €12,113 (-26.1%), from €46,441 to €34,328
- Reserves -€39,779
down €39,779 (-13.0%), from €306,919 to €267,140
of which Distributable reserves: -€39,779
- Tax, wage and social debts -€19,479
down €19,479 (-38.2%), from €51,020 to €31,542
of which Taxes: -€10,764
- Trade debts -€5,156
down €5,156 (-8.8%), from €58,285 to €53,130
- Gross operating margin +€16,132
up €16,132 (+13.2%), from €122,371 to €138,503
- Staff costs -€7,377
down €7,377 (-11.0%), from €67,290 to €59,912
- Taxes +€6,980
up €6,980 (+72.2%), from €9,665 to €16,645
- Depreciation +€3,346
up €3,346 (+10.4%), from €32,266 to €35,612
- Financial income -€1,422
down €1,422 (-27.8%), from €5,113 to €3,691
of which Financial income: -€893
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 | €476,482 | €419,163 | -€57,319 | -12.0% |
| Fixed assets | 21/28 | €131,752 | €214,517 | +€82,765 | +62.8% |
| Tangible fixed assets | 22/27 | €126,959 | €209,725 | +€82,765 | +65.2% |
| Plant, machinery and equipment | 23 | €4,724 | €4,530 | -€194 | -4.1% |
| Furniture and vehicles | 24 | €15,035 | €19,553 | +€4,518 | +30.0% |
| Other tangible fixed assets | 26 | €107,200 | €185,642 | +€78,442 | +73.2% |
| Financial fixed assets | 28 | €4,793 | €4,793 | = | 0.0% |
| Current assets | 29/58 | €344,730 | €204,646 | -€140,084 | -40.6% |
| Stocks and contracts in progress | 3 | €60,674 | €80,176 | +€19,502 | +32.1% |
| Stocks | 30/36 | €60,674 | €80,176 | +€19,502 | +32.1% |
| Amounts receivable within one year | 40/41 | €145,129 | €72,878 | -€72,250 | -49.8% |
| Trade receivables | 40 | €94,181 | €51,560 | -€42,621 | -45.3% |
| Other amounts receivable | 41 | €50,948 | €21,318 | -€29,629 | -58.2% |
| Cash at bank and in hand | 54/58 | €92,487 | €17,264 | -€75,223 | -81.3% |
| Deferred charges and accrued income | 490/1 | €46,441 | €34,328 | -€12,113 | -26.1% |
| Total equity and liabilities | 10/49 | €476,482 | €419,163 | -€57,319 | -12.0% |
| Equity | 10/15 | €339,511 | €299,732 | -€39,779 | -11.7% |
| Contributions | 10/11 | €32,592 | €32,592 | = | 0.0% |
| Reserves | 13 | €306,919 | €267,140 | -€39,779 | -13.0% |
| Non-distributable reserves | 130/1 | €3,259 | €3,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,259 | €3,259 | = | 0.0% |
| Distributable reserves | 133 | €303,660 | €263,881 | -€39,779 | -13.1% |
| Amounts payable | 17/49 | €136,971 | €119,431 | -€17,540 | -12.8% |
| Amounts payable after more than one year | 17 | €3,052 | €235 | -€2,818 | -92.3% |
| Financial debts | 170/4 | €3,052 | €235 | -€2,818 | -92.3% |
| Amounts payable within one year | 42/48 | €133,919 | €114,885 | -€19,034 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €4,523 | €6,195 | +€1,672 | +37.0% |
| Trade debts | 44 | €58,285 | €53,130 | -€5,156 | -8.8% |
| Suppliers | 440/4 | €58,285 | €53,130 | -€5,156 | -8.8% |
| Taxes, remuneration and social security | 45 | €51,020 | €31,542 | -€19,479 | -38.2% |
| Taxes | 450/3 | €27,042 | €16,278 | -€10,764 | -39.8% |
| Remuneration and social security | 454/9 | €23,979 | €15,264 | -€8,715 | -36.3% |
| Other amounts payable | 47/48 | €20,090 | €24,019 | +€3,929 | +19.6% |
| Accrued charges and deferred income | 492/3 | - | €4,311 | +€4,311 | |
| Remuneration, social security and pensions | 62 | €67,290 | €59,912 | -€7,377 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,266 | €35,612 | +€3,346 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €240 | - | -€240 | |
| Other operating charges | 640/8 | €490 | €547 | +€57 | +11.6% |
| Non-recurring operating charges | 66A | €4,784 | - | -€4,784 | |
| Gross operating margin | 9900 | €122,371 | €138,503 | +€16,132 | +13.2% |
| Operating profit (loss) | 9901 | €17,301 | €42,432 | +€25,131 | +145% |
| Financial income | 75/76B | €5,113 | €3,691 | -€1,422 | -27.8% |
| Recurring financial income | 75 | €4,584 | €3,691 | -€893 | -19.5% |
| Non-recurring financial income | 76B | €529 | - | -€529 | |
| Financial charges | 65/66B | €6,284 | €5,354 | -€930 | -14.8% |
| Recurring financial charges | 65 | €6,274 | €5,334 | -€939 | -15.0% |
| Non-recurring financial charges | 66B | €11 | €20 | +€9 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €16,130 | €40,768 | +€24,639 | +153% |
| Income taxes | 67/77 | €9,665 | €16,645 | +€6,980 | +72.2% |
| Profit (loss) for the period | 9904 | €6,465 | €24,123 | +€17,658 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €6,465 | €24,123 | +€17,658 | +273% |
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 30 October 2026 via checked.be.