CHARLAW: 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.
CHARLAW
Largest movements
- Cash +€60,241
up €60,241 (+101%), from €59,799 to €120,040
mainly Net result for the year (+€47,929) and Depreciation (+€6,952)
- Tangible fixed assets -€2,936
down €2,936 (-9.6%), from €30,662 to €27,726
of which Land and buildings: -€6,450
- Reserves +€47,096
up €47,096 (+99.6%), from €47,273 to €94,369
- Tax, wage and social debts +€6,516
up €6,516 (+41.9%), from €15,567 to €22,084
- Other debts +€4,506
up €4,506 (+773%), from €583 to €5,089
No income-statement line moved by more than 1% of the activity.
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 | €102,231 | €159,572 | +€57,341 | +56.1% |
| Fixed assets | 21/28 | €30,662 | €27,726 | -€2,936 | -9.6% |
| Tangible fixed assets | 22/27 | €30,662 | €27,726 | -€2,936 | -9.6% |
| Land and buildings | 22 | €26,329 | €19,879 | -€6,450 | -24.5% |
| Plant, machinery and equipment | 23 | - | €3,915 | +€3,915 | |
| Furniture and vehicles | 24 | €4,333 | €3,933 | -€400 | -9.2% |
| Current assets | 29/58 | €71,569 | €131,846 | +€60,277 | +84.2% |
| Amounts receivable within one year | 40/41 | €11,770 | €11,806 | +€36 | +0.3% |
| Trade receivables | 40 | €11,770 | €11,806 | +€36 | +0.3% |
| Cash at bank and in hand | 54/58 | €59,799 | €120,040 | +€60,241 | +101% |
| Total equity and liabilities | 10/49 | €102,231 | €159,572 | +€57,341 | +56.1% |
| Equity | 10/15 | €49,273 | €96,369 | +€47,096 | +95.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,273 | €94,369 | +€47,096 | +99.6% |
| Distributable reserves | 133 | €47,273 | €94,369 | +€47,096 | +99.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,958 | €63,203 | +€10,245 | +19.3% |
| Amounts payable within one year | 42/48 | €52,958 | €63,203 | +€10,245 | +19.3% |
| Trade debts | 44 | €36,808 | €36,030 | -€777 | -2.1% |
| Suppliers | 440/4 | €36,808 | €36,030 | -€777 | -2.1% |
| Taxes, remuneration and social security | 45 | €15,567 | €22,084 | +€6,516 | +41.9% |
| Taxes | 450/3 | €15,567 | €22,084 | +€6,516 | +41.9% |
| Other amounts payable | 47/48 | €583 | €5,089 | +€4,506 | +773% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,281 | €6,952 | +€671 | +10.7% |
| Other operating charges | 640/8 | €578 | €400 | -€178 | -30.8% |
| Gross operating margin | 9900 | €73,918 | €74,031 | +€113 | +0.2% |
| Operating profit (loss) | 9901 | €67,059 | €66,678 | -€380 | -0.6% |
| Financial income | 75/76B | €1 | €45 | +€44 | +7,400% |
| Recurring financial income | 75 | €1 | €45 | +€44 | +7,400% |
| Financial charges | 65/66B | €192 | €153 | -€39 | -20.4% |
| Recurring financial charges | 65 | €192 | €153 | -€39 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €66,867 | €66,570 | -€297 | -0.4% |
| Income taxes | 67/77 | €18,761 | €18,641 | -€120 | -0.6% |
| Profit (loss) for the period | 9904 | €48,106 | €47,929 | -€176 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,106 | €47,929 | -€176 | -0.4% |
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 13 October 2026 via checked.be.