CHARLIER VENTURES: 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.
CHARLIER VENTURES
Largest movements
- Stocks and contracts -€3.5m
down €3.5m (-99.7%), from €3.5m to €10,119
- Receivables within one year +€597,687
new in 2025: €597,687
of which Trade receivables: +€510,913
- Short-term financial debts -€2.9m
down €2.9m (-100.0%), from €2.9m to €0
- Other debts -€230,061
down €230,061 (-41.8%), from €550,594 to €320,533
- Profit (loss) carried forward +€183,436
up €183,436 (+561.2%), from €32,686 to €216,122
- Tax, wage and social debts +€47,481
up €47,481 (+568.0%), from €8,360 to €55,841
- Gross operating margin +€259,923
up €259,923 (+423.3%), from €61,401 to €321,324
- Financial charges +€48,154
up €48,154 (+331.6%), from €14,520 to €62,674
- Taxes +€47,481
up €47,481 (+568.0%), from €8,360 to €55,841
- Other operating charges +€16,203
up €16,203 (+511.2%), from €3,170 to €19,372
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 | €3,494,923 | €609,526 | -€2.9m | -82.6% |
| Current assets | 29/58 | €3,494,923 | €609,526 | -€2.9m | -82.6% |
| Stocks and contracts in progress | 3 | €3,484,182 | €10,119 | -€3.5m | -99.7% |
| Stocks | 30/36 | €3,484,182 | €10,119 | -€3.5m | -99.7% |
| Amounts receivable within one year | 40/41 | - | €597,687 | +€597,687 | |
| Trade receivables | 40 | - | €510,913 | +€510,913 | |
| Other amounts receivable | 41 | - | €86,775 | +€86,775 | |
| Cash at bank and in hand | 54/58 | €10,018 | €1,719 | -€8,299 | -82.8% |
| Deferred charges and accrued income | 490/1 | €722 | €0 | -€722 | -100.0% |
| Total equity and liabilities | 10/49 | €3,494,923 | €609,526 | -€2.9m | -82.6% |
| Equity | 10/15 | €42,686 | €226,122 | +€183,436 | +429.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,686 | €216,122 | +€183,436 | +561.2% |
| Amounts payable | 17/49 | €3,452,237 | €383,404 | -€3.1m | -88.9% |
| Amounts payable after more than one year | 17 | - | €4,985 | +€4,985 | |
| Other amounts payable | 178/9 | - | €4,985 | +€4,985 | |
| Amounts payable within one year | 42/48 | €3,447,191 | €378,418 | -€3.1m | -89.0% |
| Financial debts | 43 | €2,886,300 | €0 | -€2.9m | -100.0% |
| Credit institutions | 430/8 | €2,886,300 | €0 | -€2.9m | -100.0% |
| Trade debts | 44 | €1,938 | €2,044 | +€106 | +5.5% |
| Suppliers | 440/4 | €1,938 | €2,044 | +€106 | +5.5% |
| Taxes, remuneration and social security | 45 | €8,360 | €55,841 | +€47,481 | +568.0% |
| Taxes | 450/3 | €8,360 | €55,841 | +€47,481 | +568.0% |
| Other amounts payable | 47/48 | €550,594 | €320,533 | -€230,061 | -41.8% |
| Accrued charges and deferred income | 492/3 | €5,046 | €0 | -€5,046 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,666 | €0 | -€2,666 | -100.0% |
| Other operating charges | 640/8 | €3,170 | €19,372 | +€16,203 | +511.2% |
| Gross operating margin | 9900 | €61,401 | €321,324 | +€259,923 | +423.3% |
| Operating profit (loss) | 9901 | €55,566 | €301,952 | +€246,386 | +443.4% |
| Financial charges | 65/66B | €14,520 | €62,674 | +€48,154 | +331.6% |
| Recurring financial charges | 65 | €14,520 | €62,674 | +€48,154 | +331.6% |
| Profit (loss) for the period before taxes | 9903 | €41,045 | €239,277 | +€198,232 | +483.0% |
| Income taxes | 67/77 | €8,360 | €55,841 | +€47,481 | +568.0% |
| Profit (loss) for the period | 9904 | €32,686 | €183,436 | +€150,751 | +461.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,686 | €183,436 | +€150,751 | +461.2% |
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 11 October 2026 via checked.be.