CHARITY ONE: 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.
What changed
CHARITY ONE
NACE 68.204, Real estate activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€150,191
2024 · €127,837-€278,028
Equity
€7.6m
2024 · €7.7m-€150,191
Cash
€3,388
2024 · €59,680-€56,292
Balance sheet total
€19.8m
2024 · €20.6m-€773,701
Largest movements
Assets
- Tangible fixed assets -€798,321
down €798,321 (-5.0%), from €15.8m to €15.0m
Equity and liabilities
- Debts after one year -€569,707
down €569,707 (-4.8%), from €11.9m to €11.4m
of which Financial debts: -€569,347
Income statement
- Depreciation +€243,997
up €243,997 (+41.6%), from €586,841 to €830,838
- Gross operating margin -€73,017
down €73,017 (-6.9%), from €1.1m to €987,172
- Financial charges -€32,669
down €32,669 (-14.0%), from €233,992 to €201,323
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.
Result 2024
€127,837
Gross operating margin
-€73,017
Depreciation
-€243,997
Other operating charges
-€1,921
Financial income
-€159
Financial charges
+€32,669
Taxes
+€8,397
Result 2025
-€150,191
raises the resultlowers the result
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.
From operations
+€650,155
Investment
-€32,517
Financing
-€673,929
Cash 2024
€59,680
From operations (derived)
+€650,155
Net result for the year
-€150,191
Depreciation
+€830,838
Receivables within one year
-€81,395
Deferred charges and accrued income
+€483
Trade debts
+€7,668
Tax, wage and social debts
-€3,567
Accrued charges and deferred income
+€46,318
Investment (derived)
-€32,517
Investment in fixed assets (net)
-€32,517
Financing
-€673,929
Debts after one year
-€569,707
Current portion of long-term debt
-€106,505
Short-term financial debts
+€2,283
Cash 2025
€3,388
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,553,686 | €19,779,985 | -€773,701 | -3.8% |
| Fixed assets | 21/28 | €18,411,890 | €17,613,569 | -€798,321 | -4.3% |
| Tangible fixed assets | 22/27 | €15,832,468 | €15,034,147 | -€798,321 | -5.0% |
| Land and buildings | 22 | €15,832,468 | €15,034,147 | -€798,321 | -5.0% |
| Financial fixed assets | 28 | €2,579,422 | €2,579,422 | = | 0.0% |
| Current assets | 29/58 | €2,141,795 | €2,166,416 | +€24,620 | +1.1% |
| Amounts receivable within one year | 40/41 | €2,077,355 | €2,158,750 | +€81,395 | +3.9% |
| Trade receivables | 40 | €25,749 | €17,647 | -€8,102 | -31.5% |
| Other amounts receivable | 41 | €2,051,606 | €2,141,103 | +€89,497 | +4.4% |
| Cash at bank and in hand | 54/58 | €59,680 | €3,388 | -€56,292 | -94.3% |
| Deferred charges and accrued income | 490/1 | €4,760 | €4,277 | -€483 | -10.2% |
| Total equity and liabilities | 10/49 | €20,553,686 | €19,779,985 | -€773,701 | -3.8% |
| Equity | 10/15 | €7,738,769 | €7,588,578 | -€150,191 | -1.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Revaluation surpluses | 12 | €7,900,000 | €7,900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€224,231 | -€374,422 | -€150,191 | -67.0% |
| Amounts payable | 17/49 | €12,814,917 | €12,191,407 | -€623,510 | -4.9% |
| Amounts payable after more than one year | 17 | €11,947,778 | €11,378,071 | -€569,707 | -4.8% |
| Financial debts | 170/4 | €11,126,425 | €10,557,078 | -€569,347 | -5.1% |
| Other amounts payable | 178/9 | €821,353 | €820,993 | -€360 | 0.0% |
| Amounts payable within one year | 42/48 | €867,037 | €766,916 | -€100,121 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €704,494 | €597,989 | -€106,505 | -15.1% |
| Financial debts | 43 | €74,548 | €76,831 | +€2,283 | +3.1% |
| Credit institutions | 430/8 | €74,548 | - | -€74,548 | |
| Other loans | 439 | - | €76,831 | +€76,831 | |
| Trade debts | 44 | €72,731 | €80,399 | +€7,668 | +10.5% |
| Suppliers | 440/4 | €72,731 | €80,399 | +€7,668 | +10.5% |
| Taxes, remuneration and social security | 45 | €10,264 | €6,697 | -€3,567 | -34.8% |
| Taxes | 450/3 | €10,264 | €6,697 | -€3,567 | -34.8% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €102 | €46,420 | +€46,318 | +45,549% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586,841 | €830,838 | +€243,997 | +41.6% |
| Other operating charges | 640/8 | €107,480 | €109,401 | +€1,921 | +1.8% |
| Gross operating margin | 9900 | €1,060,189 | €987,172 | -€73,017 | -6.9% |
| Operating profit (loss) | 9901 | €365,869 | €46,933 | -€318,935 | -87.2% |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €233,992 | €201,323 | -€32,669 | -14.0% |
| Recurring financial charges | 65 | €233,992 | €201,323 | -€32,669 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €132,035 | -€154,389 | -€286,425 | |
| Income taxes | 67/77 | €4,199 | -€4,199 | -€8,397 | |
| Profit (loss) for the period | 9904 | €127,837 | -€150,191 | -€278,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €127,837 | -€150,191 | -€278,028 |
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.