CHARLIMMO: 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.
CHARLIMMO
Largest movements
- Tangible fixed assets +€384,068
up €384,068 (+97.6%), from €393,351 to €777,419
of which Assets under construction and advance payments: +€389,729
- Cash +€339,838
up €339,838 (+4924.2%), from €6,901 to €346,739
mainly Debts after one year (+€1.0m) and Trade debts (+€148,308)
- Debts after one year +€1.0m
new in 2025: €1.0m
of which Financial debts: +€722,888
- Other debts -€274,469
down €274,469 (-100.0%), from €274,469 to €0
- Short-term financial debts -€161,045
down €161,045 (-100.0%), from €161,045 to €0
- Trade debts +€148,308
up €148,308 (+3574.2%), from €4,149 to €152,458
- Profit (loss) carried forward -€34,800
down €34,800 (-46.5%), from -€74,779 to -€109,579
- Financial charges +€8,425
up €8,425 (+52.7%), from €15,983 to €24,408
- Depreciation -€333
down €333 (-4.1%), from €8,079 to €7,747
- Gross operating margin +€186
up €186 (+9.8%), from -€1,907 to -€1,721
- Other operating charges +€28
up €28 (+3.2%), from €896 to €924
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 | €404,885 | €1,126,723 | +€721,838 | +178.3% |
| Formation expenses | 20 | €3,305 | €2,227 | -€1,078 | -32.6% |
| Fixed assets | 21/28 | €394,359 | €777,419 | +€383,060 | +97.1% |
| Intangible fixed assets | 21 | €1,008 | €0 | -€1,008 | -100.0% |
| Tangible fixed assets | 22/27 | €393,351 | €777,419 | +€384,068 | +97.6% |
| Land and buildings | 22 | €176,149 | €170,489 | -€5,660 | -3.2% |
| Assets under construction and advance payments | 27 | €217,201 | €606,930 | +€389,729 | +179.4% |
| Current assets | 29/58 | €7,221 | €347,077 | +€339,856 | +4706.4% |
| Cash at bank and in hand | 54/58 | €6,901 | €346,739 | +€339,838 | +4924.2% |
| Deferred charges and accrued income | 490/1 | €320 | €338 | +€18 | +5.7% |
| Total equity and liabilities | 10/49 | €404,885 | €1,126,723 | +€721,838 | +178.3% |
| Equity | 10/15 | -€34,779 | -€69,579 | -€34,800 | -100.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,779 | -€109,579 | -€34,800 | -46.5% |
| Amounts payable | 17/49 | €439,664 | €1,196,302 | +€756,638 | +172.1% |
| Amounts payable after more than one year | 17 | - | €1,014,857 | +€1.0m | |
| Financial debts | 170/4 | - | €722,888 | +€722,888 | |
| Other amounts payable | 178/9 | - | €291,969 | +€291,969 | |
| Amounts payable within one year | 42/48 | €439,664 | €181,445 | -€258,219 | -58.7% |
| Current portion of amounts payable after more than one year | 42 | - | €28,987 | +€28,987 | |
| Financial debts | 43 | €161,045 | €0 | -€161,045 | -100.0% |
| Credit institutions | 430/8 | €161,045 | €0 | -€161,045 | -100.0% |
| Trade debts | 44 | €4,149 | €152,458 | +€148,308 | +3574.2% |
| Suppliers | 440/4 | €4,149 | €152,458 | +€148,308 | +3574.2% |
| Other amounts payable | 47/48 | €274,469 | €0 | -€274,469 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,079 | €7,747 | -€333 | -4.1% |
| Other operating charges | 640/8 | €896 | €924 | +€28 | +3.2% |
| Gross operating margin | 9900 | -€1,907 | -€1,721 | +€186 | +9.8% |
| Operating profit (loss) | 9901 | -€10,882 | -€10,392 | +€491 | +4.5% |
| Financial charges | 65/66B | €15,983 | €24,408 | +€8,425 | +52.7% |
| Recurring financial charges | 65 | €15,983 | €24,408 | +€8,425 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,865 | -€34,800 | -€7,935 | -29.5% |
| Profit (loss) for the period | 9904 | -€26,865 | -€34,800 | -€7,935 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,865 | -€34,800 | -€7,935 | -29.5% |
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 28 September 2026 via checked.be.