CHARLESTON: 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.
CHARLESTON
Largest movements
- Tangible fixed assets +€34,182
up €34,182 (+23.0%), from €148,377 to €182,559
of which Land and buildings: +€36,549
- Financial fixed assets +€9,000
up €9,000 (+32.4%), from €27,750 to €36,750
- Cash -€3,206
down €3,206 (-17.9%), from €17,931 to €14,725
mainly Investment in fixed assets (net) (-€54,555) and Trade debts (-€2,907)
- Profit (loss) carried forward +€31,440
up €31,440 (+42.8%), from €73,507 to €104,946
- Debts after one year +€6,476
up €6,476 (+5.0%), from €128,309 to €134,784
- Current portion of long-term debt +€6,003
up €6,003 (+58.2%), from €10,316 to €16,319
- Depreciation -€18,385
down €18,385 (-61.8%), from €29,758 to €11,373
- Gross operating margin +€7,887
up €7,887 (+8.2%), from €95,941 to €103,828
- Staff costs +€5,355
up €5,355 (+15.1%), from €35,443 to €40,797
- Taxes +€4,405
up €4,405 (+74.3%), from €5,930 to €10,335
- Other operating charges +€3,834
up €3,834 (+857%), from €447 to €4,281
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 | €277,377 | €316,608 | +€39,231 | +14.1% |
| Fixed assets | 21/28 | €176,127 | €219,309 | +€43,182 | +24.5% |
| Tangible fixed assets | 22/27 | €148,377 | €182,559 | +€34,182 | +23.0% |
| Land and buildings | 22 | €144,379 | €180,928 | +€36,549 | +25.3% |
| Furniture and vehicles | 24 | €3,998 | €1,631 | -€2,367 | -59.2% |
| Financial fixed assets | 28 | €27,750 | €36,750 | +€9,000 | +32.4% |
| Current assets | 29/58 | €101,250 | €97,299 | -€3,951 | -3.9% |
| Amounts receivable within one year | 40/41 | €76,601 | €76,282 | -€319 | -0.4% |
| Trade receivables | 40 | €1,408 | €1,408 | = | 0.0% |
| Other amounts receivable | 41 | €75,192 | €74,874 | -€319 | -0.4% |
| Cash at bank and in hand | 54/58 | €17,931 | €14,725 | -€3,206 | -17.9% |
| Deferred charges and accrued income | 490/1 | €6,719 | €6,292 | -€426 | -6.3% |
| Total equity and liabilities | 10/49 | €277,377 | €316,608 | +€39,231 | +14.1% |
| Equity | 10/15 | €95,767 | €127,206 | +€31,440 | +32.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €9,860 | €9,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,507 | €104,946 | +€31,440 | +42.8% |
| Amounts payable | 17/49 | €181,611 | €189,402 | +€7,791 | +4.3% |
| Amounts payable after more than one year | 17 | €128,309 | €134,784 | +€6,476 | +5.0% |
| Financial debts | 170/4 | €128,309 | €134,784 | +€6,476 | +5.0% |
| Amounts payable within one year | 42/48 | €53,302 | €54,618 | +€1,316 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €10,316 | €16,319 | +€6,003 | +58.2% |
| Trade debts | 44 | €5,184 | €2,277 | -€2,907 | -56.1% |
| Suppliers | 440/4 | €5,184 | €2,277 | -€2,907 | -56.1% |
| Taxes, remuneration and social security | 45 | €8,747 | €9,334 | +€587 | +6.7% |
| Taxes | 450/3 | €445 | €2,700 | +€2,255 | +507% |
| Remuneration and social security | 454/9 | €8,302 | €6,635 | -€1,668 | -20.1% |
| Other amounts payable | 47/48 | €29,055 | €26,687 | -€2,368 | -8.1% |
| Remuneration, social security and pensions | 62 | €35,443 | €40,797 | +€5,355 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,758 | €11,373 | -€18,385 | -61.8% |
| Other operating charges | 640/8 | €447 | €4,281 | +€3,834 | +857% |
| Gross operating margin | 9900 | €95,941 | €103,828 | +€7,887 | +8.2% |
| Operating profit (loss) | 9901 | €30,293 | €47,377 | +€17,084 | +56.4% |
| Financial income | 75/76B | €414 | €539 | +€125 | +30.2% |
| Recurring financial income | 75 | €414 | €539 | +€125 | +30.2% |
| Financial charges | 65/66B | €5,630 | €6,142 | +€512 | +9.1% |
| Recurring financial charges | 65 | €5,630 | €6,142 | +€512 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €25,077 | €41,774 | +€16,697 | +66.6% |
| Income taxes | 67/77 | €5,930 | €10,335 | +€4,405 | +74.3% |
| Profit (loss) for the period | 9904 | €19,147 | €31,440 | +€12,293 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,147 | €31,440 | +€12,293 | +64.2% |
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 1 November 2026 via checked.be.