CHARLES VRINTS: 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.
CHARLES VRINTS
Largest movements
- Receivables after one year -€580,535
no longer reported in 2025 (was €580,535)
- Current investments -€515,428
down €515,428 (-43.2%), from €1.2m to €677,028
- Tangible fixed assets -€337,851
down €337,851 (-79.3%), from €426,243 to €88,392
of which Land and buildings: -€422,134
- Cash +€108,543
up €108,543 (+276.6%), from €39,242 to €147,785
mainly Receivables after one year (+€580,535) and Current investments (+€515,428)
- Profit (loss) carried forward -€864,257
down €864,257 (-94.7%), from €912,160 to €47,902
- Reserves -€621,338
down €621,338 (-43.1%), from €1.4m to €819,995
of which Distributable reserves: -€621,338
- Tax, wage and social debts +€132,308
up €132,308 (+545.6%), from €24,252 to €156,560
- Gross operating margin +€456,345
up €456,345 (+2861.0%), from €15,951 to €472,296
- Taxes +€191,185
up €191,185, from -€36,080 to €155,106
- Depreciation -€23,462
down €23,462 (-77.5%), from €30,258 to €6,795
- Financial income +€4,988
up €4,988 (+4.8%), from €103,843 to €108,831
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 | €2,394,749 | €1,041,837 | -€1.4m | -56.5% |
| Fixed assets | 21/28 | €544,243 | €206,392 | -€337,851 | -62.1% |
| Tangible fixed assets | 22/27 | €426,243 | €88,392 | -€337,851 | -79.3% |
| Land and buildings | 22 | €422,134 | - | -€422,134 | |
| Plant, machinery and equipment | 23 | €1,473 | €1,168 | -€305 | -20.7% |
| Furniture and vehicles | 24 | €2,636 | €87,224 | +€84,589 | +3209.4% |
| Financial fixed assets | 28 | €118,000 | €118,000 | = | 0.0% |
| Current assets | 29/58 | €1,850,507 | €835,445 | -€1.0m | -54.9% |
| Amounts receivable after more than one year | 29 | €580,535 | - | -€580,535 | |
| Other amounts receivable | 291 | €580,535 | - | -€580,535 | |
| Amounts receivable within one year | 40/41 | €16,822 | €7,627 | -€9,195 | -54.7% |
| Trade receivables | 40 | €1,815 | €3,290 | +€1,475 | +81.2% |
| Other amounts receivable | 41 | €15,007 | €4,337 | -€10,669 | -71.1% |
| Current investments | 50/53 | €1,192,456 | €677,028 | -€515,428 | -43.2% |
| Cash at bank and in hand | 54/58 | €39,242 | €147,785 | +€108,543 | +276.6% |
| Deferred charges and accrued income | 490/1 | €21,453 | €3,004 | -€18,448 | -86.0% |
| Total equity and liabilities | 10/49 | €2,394,749 | €1,041,837 | -€1.4m | -56.5% |
| Equity | 10/15 | €2,365,890 | €880,294 | -€1.5m | -62.8% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €1,441,333 | €819,995 | -€621,338 | -43.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,422,583 | €801,245 | -€621,338 | -43.7% |
| Profit (loss) carried forward | 14 | €912,160 | €47,902 | -€864,257 | -94.7% |
| Amounts payable | 17/49 | €28,860 | €161,542 | +€132,683 | +459.7% |
| Amounts payable within one year | 42/48 | €28,860 | €161,542 | +€132,683 | +459.7% |
| Trade debts | 44 | €4,608 | €4,983 | +€375 | +8.1% |
| Suppliers | 440/4 | €4,608 | €4,983 | +€375 | +8.1% |
| Taxes, remuneration and social security | 45 | €24,252 | €156,560 | +€132,308 | +545.6% |
| Taxes | 450/3 | €24,252 | €156,560 | +€132,308 | +545.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,258 | €6,795 | -€23,462 | -77.5% |
| Other operating charges | 640/8 | €6,456 | €7,414 | +€958 | +14.8% |
| Gross operating margin | 9900 | €15,951 | €472,296 | +€456,345 | +2861.0% |
| Operating profit (loss) | 9901 | -€20,763 | €458,087 | +€478,850 | |
| Financial income | 75/76B | €103,843 | €108,831 | +€4,988 | +4.8% |
| Recurring financial income | 75 | €103,843 | €108,831 | +€4,988 | +4.8% |
| Financial charges | 65/66B | €2,640 | €274 | -€2,366 | -89.6% |
| Recurring financial charges | 65 | €2,640 | €274 | -€2,366 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €80,440 | €566,644 | +€486,204 | +604.4% |
| Income taxes | 67/77 | -€36,080 | €155,106 | +€191,185 | |
| Profit (loss) for the period | 9904 | €116,520 | €411,539 | +€295,019 | +253.2% |
| Profit (loss) for the period to be appropriated | 9905 | €116,520 | €411,539 | +€295,019 | +253.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.