CHARLIES CANDLES: 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.
CHARLIES CANDLES
Largest movements
- Receivables within one year +€8,150
up €8,150 (+14.6%), from €55,694 to €63,845
of which Other amounts receivable: +€31,965
- Cash +€5,255
up €5,255, from €0 to €5,255
mainly Net result for the year (+€75,147) and Depreciation (+€24,123)
- Deferred charges and accrued income -€4,891
down €4,891 (-45.0%), from €10,861 to €5,970
- Profit (loss) carried forward +€75,147
up €75,147 (+11,770%), from €638 to €75,785
- Trade debts -€31,490
down €31,490 (-36.0%), from €87,420 to €55,930
- Accrued charges and deferred income -€25,220
down €25,220 (-89.1%), from €28,303 to €3,083
- Current portion of long-term debt +€11,342
up €11,342 (+33.0%), from €34,338 to €45,679
- Other debts -€9,958
down €9,958 (-99.6%), from €10,000 to €42
- Gross operating margin +€46,068
up €46,068 (+16.8%), from €274,381 to €320,449
- Taxes +€26,220
up €26,220 (+15,887%), from €165 to €26,385
- Depreciation +€7,991
up €7,991 (+49.5%), from €16,132 to €24,123
- Staff costs +€5,848
up €5,848 (+3.3%), from €177,647 to €183,495
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 | €285,701 | €293,975 | +€8,273 | +2.9% |
| Formation expenses | 20 | €201 | €0 | -€201 | -100% |
| Fixed assets | 21/28 | €148,715 | €150,051 | +€1,336 | +0.9% |
| Intangible fixed assets | 21 | €1,997 | €997 | -€1,000 | -50.1% |
| Tangible fixed assets | 22/27 | €145,218 | €147,554 | +€2,336 | +1.6% |
| Plant, machinery and equipment | 23 | €116,904 | €123,098 | +€6,194 | +5.3% |
| Furniture and vehicles | 24 | €28,314 | €22,975 | -€5,339 | -18.9% |
| Other tangible fixed assets | 26 | €0 | €1,481 | +€1,481 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €136,786 | €143,924 | +€7,138 | +5.2% |
| Stocks and contracts in progress | 3 | €70,231 | €68,855 | -€1,376 | -2.0% |
| Stocks | 30/36 | €60,231 | €68,855 | +€8,624 | +14.3% |
| Contracts in progress | 37 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €55,694 | €63,845 | +€8,150 | +14.6% |
| Trade receivables | 40 | €54,124 | €30,309 | -€23,815 | -44.0% |
| Other amounts receivable | 41 | €1,570 | €33,535 | +€31,965 | +2,036% |
| Cash at bank and in hand | 54/58 | €0 | €5,255 | +€5,255 | |
| Deferred charges and accrued income | 490/1 | €10,861 | €5,970 | -€4,891 | -45.0% |
| Total equity and liabilities | 10/49 | €285,701 | €293,975 | +€8,273 | +2.9% |
| Equity | 10/15 | €3,638 | €78,785 | +€75,147 | +2,065% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €638 | €75,785 | +€75,147 | +11,770% |
| Amounts payable | 17/49 | €282,063 | €215,190 | -€66,873 | -23.7% |
| Amounts payable after more than one year | 17 | €93,257 | €88,347 | -€4,910 | -5.3% |
| Financial debts | 170/4 | €93,257 | €88,347 | -€4,910 | -5.3% |
| Amounts payable within one year | 42/48 | €160,502 | €123,760 | -€36,743 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €34,338 | €45,679 | +€11,342 | +33.0% |
| Financial debts | 43 | €8,059 | €2,527 | -€5,533 | -68.6% |
| Credit institutions | 430/8 | €8,059 | €2,527 | -€5,533 | -68.6% |
| Trade debts | 44 | €87,420 | €55,930 | -€31,490 | -36.0% |
| Suppliers | 440/4 | €87,420 | €55,930 | -€31,490 | -36.0% |
| Taxes, remuneration and social security | 45 | €20,685 | €19,581 | -€1,104 | -5.3% |
| Taxes | 450/3 | €2,338 | €6,607 | +€4,269 | +183% |
| Remuneration and social security | 454/9 | €18,348 | €12,974 | -€5,374 | -29.3% |
| Other amounts payable | 47/48 | €10,000 | €42 | -€9,958 | -99.6% |
| Accrued charges and deferred income | 492/3 | €28,303 | €3,083 | -€25,220 | -89.1% |
| Non-recurring operating income | 76A | €1,932 | €4,467 | +€2,536 | +131% |
| Remuneration, social security and pensions | 62 | €177,647 | €183,495 | +€5,848 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,132 | €24,123 | +€7,991 | +49.5% |
| Other operating charges | 640/8 | €1,195 | €1,352 | +€157 | +13.2% |
| Non-recurring operating charges | 66A | €14,067 | €2,127 | -€11,940 | -84.9% |
| Gross operating margin | 9900 | €274,381 | €320,449 | +€46,068 | +16.8% |
| Operating profit (loss) | 9901 | €65,341 | €109,351 | +€44,011 | +67.4% |
| Financial income | 75/76B | €292 | €2,351 | +€2,059 | +705% |
| Recurring financial income | 75 | €292 | €2,351 | +€2,059 | +705% |
| Financial charges | 65/66B | €9,318 | €10,171 | +€853 | +9.2% |
| Recurring financial charges | 65 | €9,318 | €10,171 | +€853 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €56,315 | €101,532 | +€45,217 | +80.3% |
| Income taxes | 67/77 | €165 | €26,385 | +€26,220 | +15,887% |
| Profit (loss) for the period | 9904 | €56,150 | €75,147 | +€18,997 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,150 | €75,147 | +€18,997 | +33.8% |
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 31 October 2026 via checked.be.