CHARLES D.: 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 D.
Largest movements
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Cash +€16,589
up €16,589 (+111.2%), from €14,921 to €31,509
mainly Current investments (+€20,000) and Net result for the year (+€12,725)
- Deferred charges and accrued income +€9,952
up €9,952 (+219.2%), from €4,539 to €14,491
- Tangible fixed assets +€1,098
up €1,098 (+12.1%), from €9,113 to €10,211
of which Plant, machinery and equipment: +€2,253
- Trade debts -€14,852
down €14,852 (-81.3%), from €18,273 to €3,421
- Profit (loss) carried forward +€12,725
up €12,725 (+41.0%), from €31,043 to €43,768
- Advances received +€10,957
new in 2025: €10,957
- Tax, wage and social debts -€7,388
down €7,388 (-51.5%), from €14,336 to €6,948
- Accrued charges and deferred income +€6,192
up €6,192 (+1773.5%), from €349 to €6,541
- Gross operating margin +€2,787
up €2,787 (+14.5%), from €19,225 to €22,013
- Financial income +€725
new in 2025: €725
- Depreciation +€513
up €513 (+33.5%), from €1,531 to €2,044
- Financial charges +€232
up €232 (+371.3%), from €62 to €294
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 | €69,001 | €76,635 | +€7,633 | +11.1% |
| Fixed assets | 21/28 | €9,113 | €10,211 | +€1,098 | +12.1% |
| Tangible fixed assets | 22/27 | €9,113 | €10,211 | +€1,098 | +12.1% |
| Plant, machinery and equipment | 23 | - | €2,253 | +€2,253 | |
| Furniture and vehicles | 24 | €7,983 | €6,828 | -€1,155 | -14.5% |
| Other tangible fixed assets | 26 | €1,130 | €1,130 | = | 0.0% |
| Current assets | 29/58 | €59,888 | €66,424 | +€6,535 | +10.9% |
| Amounts receivable within one year | 40/41 | €20,428 | €20,423 | -€5 | 0.0% |
| Trade receivables | 40 | €15,175 | €9,421 | -€5,754 | -37.9% |
| Other amounts receivable | 41 | €5,253 | €11,002 | +€5,749 | +109.4% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €14,921 | €31,509 | +€16,589 | +111.2% |
| Deferred charges and accrued income | 490/1 | €4,539 | €14,491 | +€9,952 | +219.2% |
| Total equity and liabilities | 10/49 | €69,001 | €76,635 | +€7,633 | +11.1% |
| Equity | 10/15 | €36,043 | €48,768 | +€12,725 | +35.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,043 | €43,768 | +€12,725 | +41.0% |
| Amounts payable | 17/49 | €32,958 | €27,866 | -€5,092 | -15.4% |
| Amounts payable within one year | 42/48 | €32,609 | €21,325 | -€11,284 | -34.6% |
| Trade debts | 44 | €18,273 | €3,421 | -€14,852 | -81.3% |
| Suppliers | 440/4 | €18,273 | €3,421 | -€14,852 | -81.3% |
| Advances received on contracts in progress | 46 | - | €10,957 | +€10,957 | |
| Taxes, remuneration and social security | 45 | €14,336 | €6,948 | -€7,388 | -51.5% |
| Taxes | 450/3 | €14,336 | €6,948 | -€7,388 | -51.5% |
| Accrued charges and deferred income | 492/3 | €349 | €6,541 | +€6,192 | +1773.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,531 | €2,044 | +€513 | +33.5% |
| Other operating charges | 640/8 | €533 | €522 | -€11 | -2.1% |
| Gross operating margin | 9900 | €19,225 | €22,013 | +€2,787 | +14.5% |
| Operating profit (loss) | 9901 | €17,162 | €19,447 | +€2,285 | +13.3% |
| Financial income | 75/76B | - | €725 | +€725 | |
| Recurring financial income | 75 | - | €725 | +€725 | |
| Financial charges | 65/66B | €62 | €294 | +€232 | +371.3% |
| Recurring financial charges | 65 | €62 | €294 | +€232 | +371.3% |
| Profit (loss) for the period before taxes | 9903 | €17,100 | €19,878 | +€2,778 | +16.2% |
| Income taxes | 67/77 | €6,948 | €7,153 | +€205 | +2.9% |
| Profit (loss) for the period | 9904 | €10,152 | €12,725 | +€2,573 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,152 | €12,725 | +€2,573 | +25.4% |
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 1 October 2026 via checked.be.