CHARLEO: 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.
CHARLEO
Largest movements
- Cash -€173
down €173 (-74.6%), from €232 to €59
mainly Net result for the year (-€1,095)
- Profit (loss) carried forward -€1,095
down €1,095 (-1.0%), from -€105,548 to -€106,643
- Other debts +€500
up €500 (+9.5%), from €5,287 to €5,787
- Trade debts +€414
up €414 (+91.2%), from €454 to €868
- Accrued charges and deferred income +€8
up €8 (+25.0%), from €30 to €38
- Gross operating margin +€501
up €501 (+34.5%), from -€1,453 to -€952
- Other operating charges -€80
no longer reported in 2024 (was €80)
- Depreciation -€76
no longer reported in 2024 (was €76)
- Write-downs +€57
no longer reported in 2024 (was -€57)
- Financial charges +€23
up €23 (+18.8%), from €120 to €143
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €232 | €59 | -€173 | -74.6% |
| Current assets | 29/58 | €232 | €59 | -€173 | -74.6% |
| Cash at bank and in hand | 54/58 | €232 | €59 | -€173 | -74.6% |
| Total equity and liabilities | 10/49 | €232 | €59 | -€173 | -74.6% |
| Equity | 10/15 | -€5,548 | -€6,643 | -€1,095 | -19.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,548 | -€106,643 | -€1,095 | -1.0% |
| Amounts payable | 17/49 | €5,780 | €6,702 | +€922 | +15.9% |
| Amounts payable within one year | 42/48 | €5,750 | €6,664 | +€914 | +15.9% |
| Trade debts | 44 | €454 | €868 | +€414 | +91.2% |
| Suppliers | 440/4 | €454 | €868 | +€414 | +91.2% |
| Taxes, remuneration and social security | 45 | €9 | €9 | = | 0.0% |
| Taxes | 450/3 | €9 | €9 | = | 0.0% |
| Other amounts payable | 47/48 | €5,287 | €5,787 | +€500 | +9.5% |
| Accrued charges and deferred income | 492/3 | €30 | €38 | +€8 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | - | -€76 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€57 | - | +€57 | |
| Other operating charges | 640/8 | €80 | - | -€80 | |
| Gross operating margin | 9900 | -€1,453 | -€952 | +€501 | +34.5% |
| Operating profit (loss) | 9901 | -€1,552 | -€952 | +€600 | +38.6% |
| Financial charges | 65/66B | €120 | €143 | +€23 | +18.8% |
| Recurring financial charges | 65 | €120 | €143 | +€23 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,672 | -€1,095 | +€577 | +34.5% |
| Income taxes | 67/77 | -€2 | - | +€2 | |
| Profit (loss) for the period | 9904 | -€1,670 | -€1,095 | +€575 | +34.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,670 | -€1,095 | +€575 | +34.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.