CHARLEBOIS: 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.
CHARLEBOIS
Largest movements
- Stocks and contracts +€414,800
up €414,800 (+131.0%), from €316,683 to €731,483
- Tangible fixed assets +€11,134
up €11,134 (+4.0%), from €275,491 to €286,626
of which Furniture and vehicles: +€30,228
- Short-term financial debts +€298,590
up €298,590 (+131.3%), from €227,470 to €526,060
- Trade debts +€85,100
up €85,100 (+2315.6%), from €3,675 to €88,775
- Debts after one year +€51,804
up €51,804 (+26.1%), from €198,717 to €250,522
- Profit (loss) carried forward -€11,410
down €11,410 (-5.0%), from -€226,900 to -€238,310
- Gross operating margin +€9,217
up €9,217 (+43.4%), from €21,214 to €30,431
- Financial charges -€2,334
down €2,334 (-11.8%), from €19,818 to €17,484
- Depreciation +€1,928
up €1,928 (+10.2%), from €18,887 to €20,816
- Other operating charges +€589
up €589 (+23.1%), from €2,555 to €3,144
- Taxes +€428
up €428, from -€17 to €411
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 | €617,600 | €1,042,534 | +€424,934 | +68.8% |
| Fixed assets | 21/28 | €285,991 | €297,126 | +€11,134 | +3.9% |
| Tangible fixed assets | 22/27 | €275,491 | €286,626 | +€11,134 | +4.0% |
| Land and buildings | 22 | €272,127 | €254,216 | -€17,911 | -6.6% |
| Plant, machinery and equipment | 23 | €3,364 | €2,181 | -€1,183 | -35.2% |
| Furniture and vehicles | 24 | - | €30,228 | +€30,228 | |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €331,609 | €745,408 | +€413,800 | +124.8% |
| Stocks and contracts in progress | 3 | €316,683 | €731,483 | +€414,800 | +131.0% |
| Stocks | 30/36 | €316,683 | €731,483 | +€414,800 | +131.0% |
| Amounts receivable within one year | 40/41 | €6,100 | €545 | -€5,555 | -91.1% |
| Trade receivables | 40 | €2,770 | - | -€2,770 | |
| Other amounts receivable | 41 | €3,331 | €545 | -€2,786 | -83.6% |
| Cash at bank and in hand | 54/58 | €8,601 | €11,721 | +€3,121 | +36.3% |
| Deferred charges and accrued income | 490/1 | €224 | €1,659 | +€1,434 | +640.0% |
| Total equity and liabilities | 10/49 | €617,600 | €1,042,534 | +€424,934 | +68.8% |
| Equity | 10/15 | €185,570 | €174,159 | -€11,410 | -6.1% |
| Contributions | 10/11 | €62,469 | €62,469 | = | 0.0% |
| Capital | 10 | - | €62,469 | +€62,469 | |
| Issued capital | 100 | - | €62,469 | +€62,469 | |
| Contributions outside capital | 11 | €62,469 | - | -€62,469 | |
| Share premium | 1100/10 | €62,469 | - | -€62,469 | |
| Revaluation surpluses | 12 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,900 | -€238,310 | -€11,410 | -5.0% |
| Amounts payable | 17/49 | €432,030 | €868,375 | +€436,344 | +101.0% |
| Amounts payable after more than one year | 17 | €198,717 | €250,522 | +€51,804 | +26.1% |
| Other amounts payable | 178/9 | €198,717 | €250,522 | +€51,804 | +26.1% |
| Amounts payable within one year | 42/48 | €231,861 | €617,853 | +€385,993 | +166.5% |
| Financial debts | 43 | €227,470 | €526,060 | +€298,590 | +131.3% |
| Credit institutions | 430/8 | €227,470 | €526,060 | +€298,590 | +131.3% |
| Trade debts | 44 | €3,675 | €88,775 | +€85,100 | +2315.6% |
| Suppliers | 440/4 | €3,675 | €88,775 | +€85,100 | +2315.6% |
| Taxes, remuneration and social security | 45 | €715 | €3,018 | +€2,303 | +321.9% |
| Taxes | 450/3 | €715 | €3,018 | +€2,303 | +321.9% |
| Accrued charges and deferred income | 492/3 | €1,453 | - | -€1,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,887 | €20,816 | +€1,928 | +10.2% |
| Other operating charges | 640/8 | €2,555 | €3,144 | +€589 | +23.1% |
| Gross operating margin | 9900 | €21,214 | €30,431 | +€9,217 | +43.4% |
| Operating profit (loss) | 9901 | -€228 | €6,472 | +€6,699 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €19,818 | €17,484 | -€2,334 | -11.8% |
| Recurring financial charges | 65 | €19,818 | €17,484 | -€2,334 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,045 | -€10,999 | +€9,046 | +45.1% |
| Income taxes | 67/77 | -€17 | €411 | +€428 | |
| Profit (loss) for the period | 9904 | -€20,028 | -€11,410 | +€8,617 | +43.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,028 | -€11,410 | +€8,617 | +43.0% |
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 12 October 2026 via checked.be.