CHARLESPORTS: what changed
What changed
CHARLESPORTS
NACE 47.639, Retail sale of other sporting goods
filed annual accounts (NBB)
Net result for the year
€48,143
2025 · €86,119-€37,975
Equity
€636,013
2025 · €587,870+€48,143
Cash
€51,653
2025 · €11,875+€39,778
Balance sheet total
€4.3m
2025 · €3.5m+€786,018
Largest movements
Assets
- Receivables within one year +€450,298
up €450,298 (+40.3%), from €1.1m to €1.6m
of which Trade receivables: +€303,929
- Stocks and contracts +€406,384
up €406,384 (+24.2%), from €1.7m to €2.1m
- Tangible fixed assets -€152,417
down €152,417 (-21.8%), from €698,441 to €546,024
of which Other tangible fixed assets: -€93,853
Equity and liabilities
- Trade debts +€1.4m
up €1.4m (+147%), from €931,735 to €2.3m
- Short-term financial debts -€300,000
down €300,000 (-48.1%), from €624,018 to €324,018
- Debts after one year -€196,736
down €196,736 (-30.7%), from €641,752 to €445,016
- Other debts -€180,978
down €180,978 (-96.6%), from €187,261 to €6,282
- Tax, wage and social debts +€102,976
up €102,976 (+44.7%), from €230,292 to €333,269
of which Remuneration and social security: +€83,329
Income statement
- Gross operating margin -€103,080
down €103,080 (-7.7%), from €1.3m to €1.2m
- Staff costs -€54,641
down €54,641 (-5.7%), from €965,314 to €910,673
- Depreciation +€17,197
up €17,197 (+11.2%), from €153,566 to €170,764
- Taxes -€16,322
down €16,322 (-55.4%), from €29,474 to €13,152
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€86,119
Gross operating margin
-€103,080
Staff costs
+€54,641
Depreciation
-€17,197
Other operating charges
+€6,336
Other operating items
-€2,359
Financial income
-€270
Financial charges
+€7,632
Taxes
+€16,322
Result 2026
€48,143
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€616,464
Investment
-€19,001
Financing
-€557,685
Cash 2025
€11,875
From operations (derived)
+€616,464
Net result for the year
+€48,143
Depreciation
+€170,764
Stocks and contracts
-€406,384
Receivables within one year
-€450,298
Deferred charges and accrued income
-€41,321
Trade debts
+€1.4m
Tax, wage and social debts
+€102,976
Other debts
-€180,978
Investment (derived)
-€19,001
Investment in fixed assets (net)
-€19,001
Financing
-€557,685
Debts after one year
-€196,736
Current portion of long-term debt
-€60,949
Short-term financial debts
-€300,000
Cash 2026
€51,653
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,507,051 | €4,293,069 | +€786,018 | +22.4% |
| Fixed assets | 21/28 | €700,941 | €549,179 | -€151,762 | -21.7% |
| Tangible fixed assets | 22/27 | €698,441 | €546,024 | -€152,417 | -21.8% |
| Plant, machinery and equipment | 23 | €41,720 | €37,412 | -€4,309 | -10.3% |
| Furniture and vehicles | 24 | €153,712 | €99,457 | -€54,256 | -35.3% |
| Other tangible fixed assets | 26 | €503,009 | €409,156 | -€93,853 | -18.7% |
| Financial fixed assets | 28 | €2,500 | €3,155 | +€655 | +26.2% |
| Current assets | 29/58 | €2,806,110 | €3,743,890 | +€937,781 | +33.4% |
| Stocks and contracts in progress | 3 | €1,677,384 | €2,083,768 | +€406,384 | +24.2% |
| Stocks | 30/36 | €1,677,384 | €2,083,768 | +€406,384 | +24.2% |
| Amounts receivable within one year | 40/41 | €1,116,686 | €1,566,984 | +€450,298 | +40.3% |
| Trade receivables | 40 | €970,873 | €1,274,802 | +€303,929 | +31.3% |
| Other amounts receivable | 41 | €145,813 | €292,182 | +€146,369 | +100% |
| Cash at bank and in hand | 54/58 | €11,875 | €51,653 | +€39,778 | +335% |
| Deferred charges and accrued income | 490/1 | €165 | €41,485 | +€41,321 | +25,110% |
| Total equity and liabilities | 10/49 | €3,507,051 | €4,293,069 | +€786,018 | +22.4% |
| Equity | 10/15 | €587,870 | €636,013 | +€48,143 | +8.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €547,870 | €596,013 | +€48,143 | +8.8% |
| Amounts payable | 17/49 | €2,919,181 | €3,657,056 | +€737,875 | +25.3% |
| Amounts payable after more than one year | 17 | €641,752 | €445,016 | -€196,736 | -30.7% |
| Financial debts | 170/4 | €641,752 | €445,016 | -€196,736 | -30.7% |
| Amounts payable within one year | 42/48 | €2,276,264 | €3,210,875 | +€934,611 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €302,958 | €242,009 | -€60,949 | -20.1% |
| Financial debts | 43 | €624,018 | €324,018 | -€300,000 | -48.1% |
| Credit institutions | 430/8 | €624,018 | €324,018 | -€300,000 | -48.1% |
| Trade debts | 44 | €931,735 | €2,305,297 | +€1.4m | +147% |
| Suppliers | 440/4 | €931,735 | €2,305,297 | +€1.4m | +147% |
| Taxes, remuneration and social security | 45 | €230,292 | €333,269 | +€102,976 | +44.7% |
| Taxes | 450/3 | €225,461 | €245,108 | +€19,647 | +8.7% |
| Remuneration and social security | 454/9 | €4,831 | €88,160 | +€83,329 | +1,725% |
| Other amounts payable | 47/48 | €187,261 | €6,282 | -€180,978 | -96.6% |
| Accrued charges and deferred income | 492/3 | €1,165 | €1,165 | = | 0.0% |
| Non-recurring operating income | 76A | €9,726 | €19,658 | +€9,932 | +102% |
| Remuneration, social security and pensions | 62 | €965,314 | €910,673 | -€54,641 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,566 | €170,764 | +€17,197 | +11.2% |
| Other operating charges | 640/8 | €18,688 | €12,352 | -€6,336 | -33.9% |
| Non-recurring operating charges | 66A | - | €2,359 | +€2,359 | |
| Gross operating margin | 9900 | €1,336,902 | €1,233,821 | -€103,080 | -7.7% |
| Operating profit (loss) | 9901 | €199,334 | €137,674 | -€61,660 | -30.9% |
| Financial income | 75/76B | €759 | €488 | -€270 | -35.6% |
| Recurring financial income | 75 | €759 | €488 | -€270 | -35.6% |
| Financial charges | 65/66B | €84,499 | €76,867 | -€7,632 | -9.0% |
| Recurring financial charges | 65 | €84,499 | €69,090 | -€15,410 | -18.2% |
| Non-recurring financial charges | 66B | - | €7,778 | +€7,778 | |
| Profit (loss) for the period before taxes | 9903 | €115,593 | €61,295 | -€54,298 | -47.0% |
| Income taxes | 67/77 | €29,474 | €13,152 | -€16,322 | -55.4% |
| Profit (loss) for the period | 9904 | €86,119 | €48,143 | -€37,975 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €86,119 | €48,143 | -€37,975 | -44.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.