CharlauRAD: 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.
CharlauRAD
Largest movements
- Deferred charges and accrued income -€48,836
down €48,836 (-16.2%), from €301,436 to €252,600
- Receivables within one year -€32,399
down €32,399 (-58.5%), from €55,399 to €23,000
- Tangible fixed assets +€23,794
up €23,794 (+83.7%), from €28,423 to €52,217
of which Furniture and vehicles: +€13,165
- Cash +€8,643
up €8,643 (+12.1%), from €71,370 to €80,013
mainly Net result for the year (+€403,886) and Deferred charges and accrued income (+€48,836)
- Other debts -€48,101
down €48,101 (-11.1%), from €435,000 to €386,899
- Tax, wage and social debts -€7,850
down €7,850 (-73.4%), from €10,700 to €2,850
- Gross operating margin -€33,296
down €33,296 (-5.5%), from €601,495 to €568,199
- Depreciation +€11,390
up €11,390 (+79.6%), from €14,318 to €25,708
- Taxes -€10,627
down €10,627 (-7.4%), from €143,216 to €132,589
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 | €456,873 | €408,075 | -€48,798 | -10.7% |
| Fixed assets | 21/28 | €28,667 | €52,462 | +€23,794 | +83.0% |
| Tangible fixed assets | 22/27 | €28,423 | €52,217 | +€23,794 | +83.7% |
| Plant, machinery and equipment | 23 | €10,968 | €21,597 | +€10,629 | +96.9% |
| Furniture and vehicles | 24 | €17,454 | €30,619 | +€13,165 | +75.4% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €428,206 | €355,613 | -€72,592 | -17.0% |
| Amounts receivable within one year | 40/41 | €55,399 | €23,000 | -€32,399 | -58.5% |
| Other amounts receivable | 41 | €55,399 | €23,000 | -€32,399 | -58.5% |
| Cash at bank and in hand | 54/58 | €71,370 | €80,013 | +€8,643 | +12.1% |
| Deferred charges and accrued income | 490/1 | €301,436 | €252,600 | -€48,836 | -16.2% |
| Total equity and liabilities | 10/49 | €456,873 | €408,075 | -€48,798 | -10.7% |
| Equity | 10/15 | €2,984 | €6,870 | +€3,886 | +130.2% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,864 | €6,750 | +€3,886 | +135.7% |
| Amounts payable | 17/49 | €453,889 | €401,205 | -€52,684 | -11.6% |
| Amounts payable within one year | 42/48 | €453,889 | €401,205 | -€52,684 | -11.6% |
| Trade debts | 44 | €8,189 | €11,456 | +€3,267 | +39.9% |
| Suppliers | 440/4 | €8,189 | €11,456 | +€3,267 | +39.9% |
| Taxes, remuneration and social security | 45 | €10,700 | €2,850 | -€7,850 | -73.4% |
| Taxes | 450/3 | €10,700 | €2,850 | -€7,850 | -73.4% |
| Other amounts payable | 47/48 | €435,000 | €386,899 | -€48,101 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,318 | €25,708 | +€11,390 | +79.6% |
| Other operating charges | 640/8 | €5,583 | €5,925 | +€342 | +6.1% |
| Gross operating margin | 9900 | €601,495 | €568,199 | -€33,296 | -5.5% |
| Operating profit (loss) | 9901 | €581,594 | €536,565 | -€45,029 | -7.7% |
| Financial income | 75/76B | €196 | €535 | +€339 | +173.0% |
| Recurring financial income | 75 | €196 | €535 | +€339 | +173.0% |
| Financial charges | 65/66B | €709 | €625 | -€84 | -11.8% |
| Recurring financial charges | 65 | €709 | €625 | -€84 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €581,080 | €536,475 | -€44,605 | -7.7% |
| Income taxes | 67/77 | €143,216 | €132,589 | -€10,627 | -7.4% |
| Profit (loss) for the period | 9904 | €437,864 | €403,886 | -€33,978 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €437,864 | €403,886 | -€33,978 | -7.8% |
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 9 October 2026 via checked.be.