CHARLIE: 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.
CHARLIE
Largest movements
- Tangible fixed assets +€16,610
new in 2025: €16,610
of which Furniture and vehicles: +€15,321
- Cash -€5,681
down €5,681 (-66.2%), from €8,585 to €2,903
mainly Investment in fixed assets (net) (-€18,378) and Trade debts (-€6,158)
- Receivables within one year -€478
down €478 (-81.7%), from €585 to €107
- Other debts +€13,809
up €13,809 (+81.4%), from €16,973 to €30,782
- Trade debts -€6,158
down €6,158 (-80.1%), from €7,684 to €1,526
- Tax, wage and social debts +€1,753
up €1,753 (+24.8%), from €7,070 to €8,823
of which Remuneration and social security: +€3,230
- Profit (loss) carried forward +€1,045
up €1,045 (+2.6%), from -€39,996 to -€38,951
- Gross operating margin +€4,759
up €4,759 (+15.6%), from €30,543 to €35,301
- Depreciation +€1,768
new in 2025: €1,768
- Staff costs +€836
up €836 (+3.2%), from €25,930 to €26,766
- Other operating charges +€431
up €431 (+54.9%), from €784 to €1,215
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 | €14,702 | €25,152 | +€10,450 | +71.1% |
| Fixed assets | 21/28 | €186 | €16,796 | +€16,610 | +8,934% |
| Tangible fixed assets | 22/27 | - | €16,610 | +€16,610 | |
| Furniture and vehicles | 24 | - | €15,321 | +€15,321 | |
| Other tangible fixed assets | 26 | - | €1,289 | +€1,289 | |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €14,516 | €8,356 | -€6,160 | -42.4% |
| Stocks and contracts in progress | 3 | €5,346 | €5,346 | = | 0.0% |
| Stocks | 30/36 | €5,346 | €5,346 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €585 | €107 | -€478 | -81.7% |
| Trade receivables | 40 | €585 | €107 | -€478 | -81.7% |
| Cash at bank and in hand | 54/58 | €8,585 | €2,903 | -€5,681 | -66.2% |
| Total equity and liabilities | 10/49 | €14,702 | €25,152 | +€10,450 | +71.1% |
| Equity | 10/15 | -€17,024 | -€15,978 | +€1,045 | +6.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,380 | €4,380 | = | 0.0% |
| Distributable reserves | 133 | €4,380 | €4,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,996 | -€38,951 | +€1,045 | +2.6% |
| Amounts payable | 17/49 | €31,726 | €41,131 | +€9,405 | +29.6% |
| Amounts payable within one year | 42/48 | €31,726 | €41,131 | +€9,405 | +29.6% |
| Trade debts | 44 | €7,684 | €1,526 | -€6,158 | -80.1% |
| Suppliers | 440/4 | €7,684 | €1,526 | -€6,158 | -80.1% |
| Taxes, remuneration and social security | 45 | €7,070 | €8,823 | +€1,753 | +24.8% |
| Taxes | 450/3 | €1,795 | €319 | -€1,476 | -82.2% |
| Remuneration and social security | 454/9 | €5,275 | €8,504 | +€3,230 | +61.2% |
| Other amounts payable | 47/48 | €16,973 | €30,782 | +€13,809 | +81.4% |
| Remuneration, social security and pensions | 62 | €25,930 | €26,766 | +€836 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,768 | +€1,768 | |
| Other operating charges | 640/8 | €784 | €1,215 | +€431 | +54.9% |
| Gross operating margin | 9900 | €30,543 | €35,301 | +€4,759 | +15.6% |
| Operating profit (loss) | 9901 | €3,828 | €5,553 | +€1,724 | +45.0% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €4,585 | €4,474 | -€111 | -2.4% |
| Recurring financial charges | 65 | €4,585 | €4,474 | -€111 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | -€753 | €1,078 | +€1,831 | |
| Income taxes | 67/77 | - | €33 | +€33 | |
| Profit (loss) for the period | 9904 | -€753 | €1,045 | +€1,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€753 | €1,045 | +€1,798 |
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 20 October 2026 via checked.be.