Charlie S: 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 S
Largest movements
- Tangible fixed assets -€13,459
down €13,459 (-32.4%), from €41,522 to €28,063
of which Furniture and vehicles: -€8,385
- Cash -€12,064
down €12,064 (-38.1%), from €31,634 to €19,570
mainly Net result for the year (-€12,729) and Receivables within one year (-€11,489)
- Receivables within one year +€11,489
up €11,489 (+47.9%), from €23,971 to €35,460
of which Other amounts receivable: +€14,009
- Deferred charges and accrued income -€4,961
down €4,961 (-33.4%), from €14,871 to €9,910
- Profit (loss) carried forward -€12,729
down €12,729 (-15.3%), from €82,954 to €70,226
- Tax, wage and social debts -€4,729
down €4,729 (-47.8%), from €9,903 to €5,174
- Debts after one year -€3,307
down €3,307 (-100%), from €3,307 to €0
- Trade debts +€2,302
up €2,302 (+276%), from €834 to €3,136
- Gross operating margin -€19,600
down €19,600 (-82.7%), from €23,690 to €4,090
- Financial income +€2,809
up €2,809 (+92,415%), from €3 to €2,812
- Other operating charges +€1,663
up €1,663 (+155%), from €1,072 to €2,735
- Depreciation -€1,418
down €1,418 (-9.0%), from €15,823 to €14,405
- Taxes -€1,327
down €1,327 (-83.9%), from €1,582 to €255
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 | €121,298 | €102,303 | -€18,995 | -15.7% |
| Fixed assets | 21/28 | €50,822 | €37,363 | -€13,459 | -26.5% |
| Tangible fixed assets | 22/27 | €41,522 | €28,063 | -€13,459 | -32.4% |
| Plant, machinery and equipment | 23 | €5,067 | €5,009 | -€58 | -1.1% |
| Furniture and vehicles | 24 | €21,563 | €13,178 | -€8,385 | -38.9% |
| Other tangible fixed assets | 26 | €14,892 | €9,876 | -€5,016 | -33.7% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €70,476 | €64,940 | -€5,536 | -7.9% |
| Amounts receivable within one year | 40/41 | €23,971 | €35,460 | +€11,489 | +47.9% |
| Trade receivables | 40 | €14,520 | €12,000 | -€2,520 | -17.4% |
| Other amounts receivable | 41 | €9,451 | €23,460 | +€14,009 | +148% |
| Cash at bank and in hand | 54/58 | €31,634 | €19,570 | -€12,064 | -38.1% |
| Deferred charges and accrued income | 490/1 | €14,871 | €9,910 | -€4,961 | -33.4% |
| Total equity and liabilities | 10/49 | €121,298 | €102,303 | -€18,995 | -15.7% |
| Equity | 10/15 | €103,414 | €90,686 | -€12,729 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €82,954 | €70,226 | -€12,729 | -15.3% |
| Amounts payable | 17/49 | €17,883 | €11,617 | -€6,266 | -35.0% |
| Amounts payable after more than one year | 17 | €3,307 | €0 | -€3,307 | -100% |
| Financial debts | 170/4 | €3,307 | €0 | -€3,307 | -100% |
| Amounts payable within one year | 42/48 | €14,576 | €11,617 | -€2,960 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €3,839 | €3,307 | -€532 | -13.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €834 | €3,136 | +€2,302 | +276% |
| Suppliers | 440/4 | €834 | €3,136 | +€2,302 | +276% |
| Taxes, remuneration and social security | 45 | €9,903 | €5,174 | -€4,729 | -47.8% |
| Taxes | 450/3 | €9,903 | €5,174 | -€4,729 | -47.8% |
| Non-recurring operating income | 76A | €12,863 | €0 | -€12,863 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,823 | €14,405 | -€1,418 | -9.0% |
| Other operating charges | 640/8 | €1,072 | €2,735 | +€1,663 | +155% |
| Non-recurring operating charges | 66A | €643 | €0 | -€643 | -100% |
| Gross operating margin | 9900 | €23,690 | €4,090 | -€19,600 | -82.7% |
| Operating profit (loss) | 9901 | €6,152 | -€13,050 | -€19,202 | |
| Financial income | 75/76B | €3 | €2,812 | +€2,809 | +92,415% |
| Recurring financial income | 75 | €3 | €2,812 | +€2,809 | +92,415% |
| Financial charges | 65/66B | €2,345 | €2,236 | -€109 | -4.7% |
| Recurring financial charges | 65 | €2,345 | €2,236 | -€109 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €3,810 | -€12,473 | -€16,283 | |
| Income taxes | 67/77 | €1,582 | €255 | -€1,327 | -83.9% |
| Profit (loss) for the period | 9904 | €2,228 | -€12,729 | -€14,956 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,228 | -€12,729 | -€14,956 |
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 1 November 2026 via checked.be.