CHARK: 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.
CHARK
Largest movements
- Tangible fixed assets +€147,327
up €147,327 (+1082.2%), from €13,613 to €160,940
of which Other tangible fixed assets: +€148,382
- Cash +€69,827
up €69,827 (+13.4%), from €521,285 to €591,112
mainly Trade debts (+€265,596) and Net result for the year (+€20,334)
- Receivables within one year +€31,066
up €31,066 (+183.7%), from €16,914 to €47,980
of which Other amounts receivable: +€28,683
- Deferred charges and accrued income +€14,260
up €14,260 (+155.1%), from €9,197 to €23,457
- Trade debts +€265,596
up €265,596 (+251.2%), from €105,739 to €371,336
- Reserves +€20,500
up €20,500 (+3.5%), from €582,000 to €602,500
of which Distributable reserves: +€20,500
- Advances received -€15,472
down €15,472 (-49.1%), from €31,498 to €16,026
- Depreciation -€28,725
down €28,725 (-81.0%), from €35,480 to €6,755
- Gross operating margin -€13,052
down €13,052 (-32.6%), from €40,079 to €27,027
- Financial income -€2,372
down €2,372 (-15.7%), from €15,126 to €12,754
- Financial charges -€812
down €812 (-72.0%), from €1,129 to €316
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 | €857,276 | €1,118,319 | +€261,043 | +30.5% |
| Fixed assets | 21/28 | €15,910 | €163,558 | +€147,648 | +928.0% |
| Tangible fixed assets | 22/27 | €13,613 | €160,940 | +€147,327 | +1082.2% |
| Land and buildings | 22 | €8 | €6 | -€2 | -20.0% |
| Plant, machinery and equipment | 23 | €683 | €253 | -€430 | -62.9% |
| Furniture and vehicles | 24 | €12,922 | €12,299 | -€623 | -4.8% |
| Other tangible fixed assets | 26 | - | €148,382 | +€148,382 | |
| Financial fixed assets | 28 | €2,297 | €2,618 | +€321 | +14.0% |
| Current assets | 29/58 | €841,366 | €954,761 | +€113,395 | +13.5% |
| Stocks and contracts in progress | 3 | €293,971 | €292,212 | -€1,758 | -0.6% |
| Stocks | 30/36 | €293,971 | €292,212 | -€1,758 | -0.6% |
| Amounts receivable within one year | 40/41 | €16,914 | €47,980 | +€31,066 | +183.7% |
| Trade receivables | 40 | €3,616 | €6,000 | +€2,384 | +65.9% |
| Other amounts receivable | 41 | €13,297 | €41,980 | +€28,683 | +215.7% |
| Cash at bank and in hand | 54/58 | €521,285 | €591,112 | +€69,827 | +13.4% |
| Deferred charges and accrued income | 490/1 | €9,197 | €23,457 | +€14,260 | +155.1% |
| Total equity and liabilities | 10/49 | €857,276 | €1,118,319 | +€261,043 | +30.5% |
| Equity | 10/15 | €647,538 | €667,872 | +€20,334 | +3.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €582,000 | €602,500 | +€20,500 | +3.5% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €575,500 | €596,000 | +€20,500 | +3.6% |
| Profit (loss) carried forward | 14 | €538 | €372 | -€166 | -30.8% |
| Amounts payable | 17/49 | €209,738 | €450,447 | +€240,709 | +114.8% |
| Amounts payable within one year | 42/48 | €209,426 | €450,447 | +€241,021 | +115.1% |
| Current portion of amounts payable after more than one year | 42 | €2,947 | - | -€2,947 | |
| Trade debts | 44 | €105,739 | €371,336 | +€265,596 | +251.2% |
| Suppliers | 440/4 | €105,739 | €371,336 | +€265,596 | +251.2% |
| Advances received on contracts in progress | 46 | €31,498 | €16,026 | -€15,472 | -49.1% |
| Other amounts payable | 47/48 | €69,242 | €63,085 | -€6,157 | -8.9% |
| Accrued charges and deferred income | 492/3 | €312 | - | -€312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,480 | €6,755 | -€28,725 | -81.0% |
| Other operating charges | 640/8 | €4,803 | €4,898 | +€95 | +2.0% |
| Gross operating margin | 9900 | €40,079 | €27,027 | -€13,052 | -32.6% |
| Operating profit (loss) | 9901 | -€204 | €15,373 | +€15,578 | |
| Financial income | 75/76B | €15,126 | €12,754 | -€2,372 | -15.7% |
| Recurring financial income | 75 | €15,126 | €12,754 | -€2,372 | -15.7% |
| Financial charges | 65/66B | €1,129 | €316 | -€812 | -72.0% |
| Recurring financial charges | 65 | €1,129 | €316 | -€812 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €13,793 | €27,811 | +€14,018 | +101.6% |
| Income taxes | 67/77 | €7,733 | €7,477 | -€257 | -3.3% |
| Profit (loss) for the period | 9904 | €6,060 | €20,334 | +€14,274 | +235.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,060 | €20,334 | +€14,274 | +235.6% |
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.