CHARLAU: 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.
CHARLAU
Largest movements
- Receivables within one year +€40,526
up €40,526, from €0 to €40,526
of which Trade receivables: +€40,494
- Cash +€14,043
up €14,043 (+10.3%), from €135,967 to €150,010
mainly Trade debts (+€31,741) and Net result for the year (+€20,839)
- Trade debts +€31,741
up €31,741 (+6,235%), from €509 to €32,250
- Reserves +€20,839
up €20,839 (+20.1%), from €103,636 to €124,475
- Gross operating margin +€7,793
up €7,793 (+34.0%), from €22,943 to €30,736
- Taxes +€2,764
up €2,764 (+52.6%), from €5,250 to €8,013
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 | €139,216 | €193,297 | +€54,081 | +38.8% |
| Fixed assets | 21/28 | €2,695 | €2,509 | -€187 | -6.9% |
| Tangible fixed assets | 22/27 | €2,695 | €2,509 | -€187 | -6.9% |
| Furniture and vehicles | 24 | €2,695 | €2,509 | -€187 | -6.9% |
| Current assets | 29/58 | €136,521 | €190,789 | +€54,268 | +39.8% |
| Amounts receivable within one year | 40/41 | €0 | €40,526 | +€40,526 | |
| Trade receivables | 40 | - | €40,494 | +€40,494 | |
| Other amounts receivable | 41 | €0 | €32 | +€32 | |
| Cash at bank and in hand | 54/58 | €135,967 | €150,010 | +€14,043 | +10.3% |
| Deferred charges and accrued income | 490/1 | €554 | €252 | -€302 | -54.5% |
| Total equity and liabilities | 10/49 | €139,216 | €193,297 | +€54,081 | +38.8% |
| Equity | 10/15 | €122,236 | €143,075 | +€20,839 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,636 | €124,475 | +€20,839 | +20.1% |
| Distributable reserves | 133 | €103,636 | €124,475 | +€20,839 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,980 | €50,222 | +€33,242 | +196% |
| Amounts payable within one year | 42/48 | €16,896 | €50,138 | +€33,242 | +197% |
| Trade debts | 44 | €509 | €32,250 | +€31,741 | +6,235% |
| Suppliers | 440/4 | €509 | €32,250 | +€31,741 | +6,235% |
| Taxes, remuneration and social security | 45 | €4,261 | €4,261 | = | 0.0% |
| Taxes | 450/3 | €2,021 | €2,021 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,240 | €2,240 | = | 0.0% |
| Other amounts payable | 47/48 | €12,126 | €13,627 | +€1,501 | +12.4% |
| Accrued charges and deferred income | 492/3 | €84 | €84 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €916 | -€136 | -12.9% |
| Other operating charges | 640/8 | €860 | €860 | +€0 | 0.0% |
| Gross operating margin | 9900 | €22,943 | €30,736 | +€7,793 | +34.0% |
| Operating profit (loss) | 9901 | €21,032 | €28,961 | +€7,929 | +37.7% |
| Financial income | 75/76B | €149 | €133 | -€16 | -10.9% |
| Recurring financial income | 75 | €149 | €133 | -€16 | -10.9% |
| Financial charges | 65/66B | €423 | €241 | -€182 | -43.0% |
| Recurring financial charges | 65 | €423 | €241 | -€182 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €20,758 | €28,852 | +€8,094 | +39.0% |
| Income taxes | 67/77 | €5,250 | €8,013 | +€2,764 | +52.6% |
| Profit (loss) for the period | 9904 | €15,508 | €20,839 | +€5,331 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,508 | €20,839 | +€5,331 | +34.4% |
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 19 October 2026 via checked.be.