Charless Group: 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.
Charless Group
Largest movements
- Receivables within one year +€150,628
up €150,628 (+306%), from €49,259 to €199,887
of which Other amounts receivable: +€109,454
- Tangible fixed assets -€13,787
down €13,787 (-21.9%), from €62,974 to €49,186
of which Furniture and vehicles: -€14,521
- Cash -€10,659
down €10,659 (-97.2%), from €10,966 to €307
mainly Receivables within one year (-€150,628) and Debts after one year (-€9,303)
- Reserves +€57,734
up €57,734 (+188%), from €30,735 to €88,469
- Trade debts +€44,083
up €44,083 (+122%), from €36,052 to €80,135
- Tax, wage and social debts +€21,213
up €21,213 (+496%), from €4,274 to €25,487
of which Taxes: +€15,126
- Debts after one year -€9,303
down €9,303 (-23.9%), from €38,868 to €29,565
- Accrued charges and deferred income +€8,876
up €8,876 (+335%), from €2,649 to €11,525
- Gross operating margin +€86,126
up €86,126 (+392%), from €21,993 to €108,119
- Depreciation +€15,547
up €15,547 (+578%), from €2,691 to €18,239
- Taxes +€11,228
up €11,228 (+243%), from €4,619 to €15,846
- Staff costs +€9,832
new in 2025: €9,832
- Financial charges +€3,631
up €3,631 (+215%), from €1,686 to €5,318
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.
Derived cash bridge
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 | €124,485 | €249,983 | +€125,498 | +101% |
| Fixed assets | 21/28 | €62,974 | €49,186 | -€13,787 | -21.9% |
| Tangible fixed assets | 22/27 | €62,974 | €49,186 | -€13,787 | -21.9% |
| Plant, machinery and equipment | 23 | €2,392 | €3,126 | +€734 | +30.7% |
| Furniture and vehicles | 24 | €60,582 | €46,061 | -€14,521 | -24.0% |
| Current assets | 29/58 | €61,511 | €200,797 | +€139,286 | +226% |
| Amounts receivable within one year | 40/41 | €49,259 | €199,887 | +€150,628 | +306% |
| Trade receivables | 40 | €22,691 | €63,864 | +€41,173 | +181% |
| Other amounts receivable | 41 | €26,569 | €136,023 | +€109,454 | +412% |
| Cash at bank and in hand | 54/58 | €10,966 | €307 | -€10,659 | -97.2% |
| Deferred charges and accrued income | 490/1 | €1,285 | €603 | -€683 | -53.1% |
| Total equity and liabilities | 10/49 | €124,485 | €249,983 | +€125,498 | +101% |
| Equity | 10/15 | €33,735 | €91,469 | +€57,734 | +171% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,735 | €88,469 | +€57,734 | +188% |
| Distributable reserves | 133 | €30,735 | €88,469 | +€57,734 | +188% |
| Amounts payable | 17/49 | €90,750 | €158,515 | +€67,765 | +74.7% |
| Amounts payable after more than one year | 17 | €38,868 | €29,565 | -€9,303 | -23.9% |
| Financial debts | 170/4 | €38,868 | €29,565 | -€9,303 | -23.9% |
| Amounts payable within one year | 42/48 | €49,232 | €117,424 | +€68,192 | +139% |
| Current portion of amounts payable after more than one year | 42 | €8,907 | €9,303 | +€396 | +4.4% |
| Trade debts | 44 | €36,052 | €80,135 | +€44,083 | +122% |
| Suppliers | 440/4 | €36,052 | €80,135 | +€44,083 | +122% |
| Taxes, remuneration and social security | 45 | €4,274 | €25,487 | +€21,213 | +496% |
| Taxes | 450/3 | €4,274 | €19,400 | +€15,126 | +354% |
| Remuneration and social security | 454/9 | - | €6,087 | +€6,087 | |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Accrued charges and deferred income | 492/3 | €2,649 | €11,525 | +€8,876 | +335% |
| Remuneration, social security and pensions | 62 | - | €9,832 | +€9,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,691 | €18,239 | +€15,547 | +578% |
| Other operating charges | 640/8 | €1,019 | €1,195 | +€176 | +17.2% |
| Gross operating margin | 9900 | €21,993 | €108,119 | +€86,126 | +392% |
| Operating profit (loss) | 9901 | €18,282 | €78,853 | +€60,571 | +331% |
| Financial income | 75/76B | €449 | €44 | -€405 | -90.2% |
| Recurring financial income | 75 | €449 | €44 | -€405 | -90.2% |
| Financial charges | 65/66B | €1,686 | €5,318 | +€3,631 | +215% |
| Recurring financial charges | 65 | €1,686 | €5,318 | +€3,631 | +215% |
| Profit (loss) for the period before taxes | 9903 | €17,045 | €73,580 | +€56,535 | +332% |
| Income taxes | 67/77 | €4,619 | €15,846 | +€11,228 | +243% |
| Profit (loss) for the period | 9904 | €12,426 | €57,734 | +€45,307 | +365% |
| Profit (loss) for the period to be appropriated | 9905 | €12,426 | €57,734 | +€45,307 | +365% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.