CHARLES-CUSTOM: 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.
CHARLES-CUSTOM
Largest movements
- Stocks and contracts +€38,698
up €38,698 (+159.3%), from €24,288 to €62,986
- Tangible fixed assets +€24,015
up €24,015 (+30.3%), from €79,179 to €103,194
of which Furniture and vehicles: +€15,050
- Receivables within one year -€13,247
down €13,247 (-41.4%), from €32,014 to €18,767
of which Other amounts receivable: -€17,975
- Intangible fixed assets +€4,214
new in 2023: €4,214
- Financial fixed assets +€4,200
up €4,200 (+700.0%), from €600 to €4,800
- Debts after one year +€59,079
up €59,079 (+132.5%), from €44,582 to €103,661
- Current portion of long-term debt +€17,623
up €17,623 (+166.9%), from €10,557 to €28,180
- Other debts -€11,299
down €11,299 (-93.0%), from €12,147 to €848
- Trade debts -€9,941
down €9,941 (-23.8%), from €41,711 to €31,770
- Short-term financial debts +€3,256
up €3,256 (+45.0%), from €7,240 to €10,496
- Staff costs +€12,985
up €12,985 (+51.1%), from €25,397 to €38,382
- Gross operating margin +€4,495
up €4,495 (+6.7%), from €67,340 to €71,835
- Financial charges +€3,988
up €3,988 (+159.6%), from €2,499 to €6,487
- Other operating charges -€1,301
down €1,301 (-33.2%), from €3,923 to €2,622
- Taxes +€825
up €825 (+546.4%), from €151 to €976
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,567 | €201,409 | +€59,842 | +42.3% |
| Fixed assets | 21/28 | €79,779 | €112,208 | +€32,429 | +40.6% |
| Intangible fixed assets | 21 | - | €4,214 | +€4,214 | |
| Tangible fixed assets | 22/27 | €79,179 | €103,194 | +€24,015 | +30.3% |
| Land and buildings | 22 | - | €6,477 | +€6,477 | |
| Plant, machinery and equipment | 23 | €39,150 | €43,869 | +€4,719 | +12.1% |
| Furniture and vehicles | 24 | €37,798 | €52,848 | +€15,050 | +39.8% |
| Leasing and similar rights | 25 | €2,231 | - | -€2,231 | |
| Financial fixed assets | 28 | €600 | €4,800 | +€4,200 | +700.0% |
| Current assets | 29/58 | €61,788 | €89,201 | +€27,413 | +44.4% |
| Stocks and contracts in progress | 3 | €24,288 | €62,986 | +€38,698 | +159.3% |
| Stocks | 30/36 | €24,288 | €62,986 | +€38,698 | +159.3% |
| Amounts receivable within one year | 40/41 | €32,014 | €18,767 | -€13,247 | -41.4% |
| Trade receivables | 40 | €13,415 | €18,143 | +€4,728 | +35.2% |
| Other amounts receivable | 41 | €18,599 | €624 | -€17,975 | -96.6% |
| Cash at bank and in hand | 54/58 | €3,881 | €5,797 | +€1,916 | +49.4% |
| Deferred charges and accrued income | 490/1 | €1,605 | €1,651 | +€46 | +2.9% |
| Total equity and liabilities | 10/49 | €141,567 | €201,409 | +€59,842 | +42.3% |
| Equity | 10/15 | €21,870 | €22,300 | +€430 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,270 | €3,700 | +€430 | +13.1% |
| Amounts payable | 17/49 | €119,697 | €179,109 | +€59,412 | +49.6% |
| Amounts payable after more than one year | 17 | €44,582 | €103,661 | +€59,079 | +132.5% |
| Financial debts | 170/4 | €44,582 | €103,661 | +€59,079 | +132.5% |
| Amounts payable within one year | 42/48 | €75,115 | €75,448 | +€333 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €10,557 | €28,180 | +€17,623 | +166.9% |
| Financial debts | 43 | €7,240 | €10,496 | +€3,256 | +45.0% |
| Credit institutions | 430/8 | €7,240 | €10,496 | +€3,256 | +45.0% |
| Trade debts | 44 | €41,711 | €31,770 | -€9,941 | -23.8% |
| Suppliers | 440/4 | €41,711 | €31,770 | -€9,941 | -23.8% |
| Advances received on contracts in progress | 46 | €1,296 | - | -€1,296 | |
| Taxes, remuneration and social security | 45 | €2,164 | €4,154 | +€1,990 | +92.0% |
| Taxes | 450/3 | €149 | €1,685 | +€1,536 | +1030.9% |
| Remuneration and social security | 454/9 | €2,015 | €2,469 | +€454 | +22.5% |
| Other amounts payable | 47/48 | €12,147 | €848 | -€11,299 | -93.0% |
| Non-recurring operating income | 76A | - | €11,876 | +€11,876 | |
| Remuneration, social security and pensions | 62 | €25,397 | €38,382 | +€12,985 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,986 | €20,810 | +€824 | +4.1% |
| Other operating charges | 640/8 | €3,923 | €2,622 | -€1,301 | -33.2% |
| Non-recurring operating charges | 66A | €2,096 | €2,128 | +€32 | +1.5% |
| Gross operating margin | 9900 | €67,340 | €71,835 | +€4,495 | +6.7% |
| Operating profit (loss) | 9901 | €15,938 | €7,893 | -€8,045 | -50.5% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,499 | €6,487 | +€3,988 | +159.6% |
| Recurring financial charges | 65 | €2,499 | €6,487 | +€3,988 | +159.6% |
| Profit (loss) for the period before taxes | 9903 | €13,442 | €1,406 | -€12,036 | -89.5% |
| Income taxes | 67/77 | €151 | €976 | +€825 | +546.4% |
| Profit (loss) for the period | 9904 | €13,291 | €430 | -€12,861 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,291 | €430 | -€12,861 | -96.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.