CHARLEX: 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.
CHARLEX
Largest movements
- Cash +€25,282
up €25,282 (+97.4%), from €25,960 to €51,243
mainly Net result for the year (+€24,123) and Trade debts (+€1,531)
- Profit (loss) carried forward +€24,123
up €24,123 (+22.7%), from -€106,375 to -€82,252
- Depreciation -€2,784
down €2,784 (-78.5%), from €3,547 to €763
- Gross operating margin +€1,444
up €1,444 (+5.5%), from €26,337 to €27,782
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 | €231,167 | €257,578 | +€26,412 | +11.4% |
| Fixed assets | 21/28 | €1,958 | €825 | -€1,133 | -57.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,588 | €825 | -€763 | -48.1% |
| Furniture and vehicles | 24 | €1,588 | €825 | -€763 | -48.1% |
| Financial fixed assets | 28 | €370 | €0 | -€370 | -100% |
| Current assets | 29/58 | €229,209 | €256,754 | +€27,545 | +12.0% |
| Stocks and contracts in progress | 3 | €124,408 | €124,408 | = | 0.0% |
| Stocks | 30/36 | €124,408 | €124,408 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,685 | €78,795 | +€2,110 | +2.8% |
| Other amounts receivable | 41 | €76,685 | €78,795 | +€2,110 | +2.8% |
| Cash at bank and in hand | 54/58 | €25,960 | €51,243 | +€25,282 | +97.4% |
| Deferred charges and accrued income | 490/1 | €2,155 | €2,308 | +€152 | +7.1% |
| Total equity and liabilities | 10/49 | €231,167 | €257,578 | +€26,412 | +11.4% |
| Equity | 10/15 | -€87,775 | -€63,652 | +€24,123 | +27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,375 | -€82,252 | +€24,123 | +22.7% |
| Amounts payable | 17/49 | €318,942 | €321,230 | +€2,288 | +0.7% |
| Amounts payable within one year | 42/48 | €318,942 | €321,230 | +€2,288 | +0.7% |
| Trade debts | 44 | €1,211 | €2,742 | +€1,531 | +126% |
| Suppliers | 440/4 | €1,211 | €2,742 | +€1,531 | +126% |
| Taxes, remuneration and social security | 45 | €327 | €1,084 | +€757 | +232% |
| Taxes | 450/3 | €327 | €1,084 | +€757 | +232% |
| Other amounts payable | 47/48 | €317,405 | €317,405 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,547 | €763 | -€2,784 | -78.5% |
| Other operating charges | 640/8 | €1,915 | €2,043 | +€128 | +6.7% |
| Gross operating margin | 9900 | €26,337 | €27,782 | +€1,444 | +5.5% |
| Operating profit (loss) | 9901 | €20,875 | €24,976 | +€4,101 | +19.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €47 | €45 | -€1 | -2.2% |
| Recurring financial charges | 65 | €47 | €45 | -€1 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €20,829 | €24,930 | +€4,102 | +19.7% |
| Income taxes | 67/77 | €877 | €807 | -€70 | -8.0% |
| Profit (loss) for the period | 9904 | €19,952 | €24,123 | +€4,171 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,952 | €24,123 | +€4,171 | +20.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.