CHARLIER ENGINEERING: what changed
Two fiscal 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.
CHARLIER ENGINEERING
Largest movements
- Cash +€103,285
up €103,285 (+115.6%), from €89,384 to €192,669
mainly Other debts (+€118,028) and Net result for the year (+€49,741)
- Stocks and contracts +€101,968
up €101,968 (+17.0%), from €600,175 to €702,143
- Receivables within one year -€32,872
down €32,872 (-37.2%), from €88,337 to €55,464
of which Other amounts receivable: -€17,004
- Tangible fixed assets -€31,577
down €31,577 (-39.9%), from €79,072 to €47,495
of which Furniture and vehicles: -€27,966
- Other debts +€118,028
up €118,028 (+42.8%), from €275,899 to €393,927
- Short-term financial debts -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves +€25,000
up €25,000 (+31.3%), from €79,983 to €104,983
- Profit (loss) carried forward +€24,741
up €24,741 (+6.0%), from €412,343 to €437,084
- Accrued charges and deferred income +€23,712
new in 2025: €23,712
- Gross operating margin +€51,416
up €51,416 (+20.4%), from €252,603 to €304,019
- Staff costs +€35,736
up €35,736 (+28.2%), from €126,781 to €162,517
- Depreciation -€27,295
down €27,295 (-41.4%), from €65,970 to €38,675
- Taxes +€13,386
up €13,386 (+133.2%), from €10,047 to €23,433
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.
Cash bridge derived
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 | €881,727 | €1,023,088 | +€141,361 | +16.0% |
| Fixed assets | 21/28 | €89,206 | €55,017 | -€34,189 | -38.3% |
| Intangible fixed assets | 21 | €10,134 | €7,522 | -€2,612 | -25.8% |
| Tangible fixed assets | 22/27 | €79,072 | €47,495 | -€31,577 | -39.9% |
| Plant, machinery and equipment | 23 | €14,767 | €11,155 | -€3,611 | -24.5% |
| Furniture and vehicles | 24 | €64,305 | €36,339 | -€27,966 | -43.5% |
| Current assets | 29/58 | €792,521 | €968,071 | +€175,550 | +22.2% |
| Stocks and contracts in progress | 3 | €600,175 | €702,143 | +€101,968 | +17.0% |
| Stocks | 30/36 | €600,175 | €702,143 | +€101,968 | +17.0% |
| Amounts receivable within one year | 40/41 | €88,337 | €55,464 | -€32,872 | -37.2% |
| Trade receivables | 40 | €59,038 | €43,170 | -€15,868 | -26.9% |
| Other amounts receivable | 41 | €29,299 | €12,295 | -€17,004 | -58.0% |
| Cash at bank and in hand | 54/58 | €89,384 | €192,669 | +€103,285 | +115.6% |
| Deferred charges and accrued income | 490/1 | €14,625 | €17,795 | +€3,170 | +21.7% |
| Total equity and liabilities | 10/49 | €881,727 | €1,023,088 | +€141,361 | +16.0% |
| Equity | 10/15 | €512,326 | €562,067 | +€49,741 | +9.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €79,983 | €104,983 | +€25,000 | +31.3% |
| Distributable reserves | 133 | €79,983 | €104,983 | +€25,000 | +31.3% |
| Profit (loss) carried forward | 14 | €412,343 | €437,084 | +€24,741 | +6.0% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €369,401 | €461,021 | +€91,620 | +24.8% |
| Amounts payable within one year | 42/48 | €369,401 | €437,309 | +€67,908 | +18.4% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100.0% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100.0% |
| Trade debts | 44 | €23,753 | €18,940 | -€4,813 | -20.3% |
| Suppliers | 440/4 | €23,753 | €18,940 | -€4,813 | -20.3% |
| Taxes, remuneration and social security | 45 | €19,749 | €24,442 | +€4,693 | +23.8% |
| Taxes | 450/3 | €9,194 | €4,146 | -€5,048 | -54.9% |
| Remuneration and social security | 454/9 | €10,555 | €20,296 | +€9,741 | +92.3% |
| Other amounts payable | 47/48 | €275,899 | €393,927 | +€118,028 | +42.8% |
| Accrued charges and deferred income | 492/3 | - | €23,712 | +€23,712 | |
| Remuneration, social security and pensions | 62 | €126,781 | €162,517 | +€35,736 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,970 | €38,675 | -€27,295 | -41.4% |
| Other operating charges | 640/8 | €8,430 | €8,189 | -€241 | -2.9% |
| Gross operating margin | 9900 | €252,603 | €304,019 | +€51,416 | +20.4% |
| Operating profit (loss) | 9901 | €51,422 | €94,638 | +€43,216 | +84.0% |
| Financial income | 75/76B | €4,898 | €5,281 | +€383 | +7.8% |
| Recurring financial income | 75 | €4,898 | €5,281 | +€383 | +7.8% |
| Financial charges | 65/66B | €23,794 | €26,745 | +€2,951 | +12.4% |
| Recurring financial charges | 65 | €23,794 | €26,745 | +€2,951 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €32,526 | €73,174 | +€40,648 | +125.0% |
| Income taxes | 67/77 | €10,047 | €23,433 | +€13,386 | +133.2% |
| Profit (loss) for the period | 9904 | €22,480 | €49,741 | +€27,262 | +121.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,480 | €49,741 | +€27,262 | +121.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.