CHARLINE: 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.
CHARLINE
Largest movements
- Receivables within one year +€21,890
up €21,890 (+61.2%), from €35,751 to €57,641
of which Trade receivables: +€15,989
- Cash -€9,423
down €9,423 (-45.4%), from €20,776 to €11,353
mainly Receivables within one year (-€21,890) and Trade debts (-€14,823)
- Deferred charges and accrued income -€3,025
down €3,025 (-100%), from €3,025 to €0
- Tangible fixed assets -€2,098
down €2,098 (-2.9%), from €73,353 to €71,255
of which Furniture and vehicles: -€2,687
- Reserves +€16,539
up €16,539 (+22.0%), from €75,198 to €91,737
of which Distributable reserves: +€16,539
- Tax, wage and social debts +€15,246
up €15,246 (+1,400%), from €1,089 to €16,335
- Trade debts -€14,823
down €14,823 (-100%), from €14,823 to €0
- Debts after one year -€7,830
down €7,830 (-63.8%), from €12,272 to €4,442
- Accrued charges and deferred income -€4,010
down €4,010 (-100%), from €4,010 to €0
- Staff costs -€32,417
down €32,417 (-25.5%), from €127,021 to €94,605
- Gross operating margin -€28,617
down €28,617 (-17.4%), from €164,901 to €136,284
- Taxes +€4,183
up €4,183 (+64.4%), from €6,500 to €10,683
- Other operating charges -€3,109
down €3,109 (-47.8%), from €6,510 to €3,400
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 | €134,658 | €140,649 | +€5,991 | +4.4% |
| Fixed assets | 21/28 | €73,901 | €71,255 | -€2,646 | -3.6% |
| Tangible fixed assets | 22/27 | €73,353 | €71,255 | -€2,098 | -2.9% |
| Land and buildings | 22 | €63,153 | €62,200 | -€954 | -1.5% |
| Plant, machinery and equipment | 23 | - | €1,542 | +€1,542 | |
| Furniture and vehicles | 24 | €10,199 | €7,513 | -€2,687 | -26.3% |
| Financial fixed assets | 28 | €548 | €0 | -€548 | -100% |
| Current assets | 29/58 | €60,758 | €69,395 | +€8,637 | +14.2% |
| Stocks and contracts in progress | 3 | €526 | €400 | -€125 | -23.8% |
| Stocks | 30/36 | €526 | €400 | -€125 | -23.8% |
| Amounts receivable within one year | 40/41 | €35,751 | €57,641 | +€21,890 | +61.2% |
| Trade receivables | 40 | - | €15,989 | +€15,989 | |
| Other amounts receivable | 41 | €35,751 | €41,652 | +€5,901 | +16.5% |
| Current investments | 50/53 | €680 | €0 | -€680 | -100% |
| Cash at bank and in hand | 54/58 | €20,776 | €11,353 | -€9,423 | -45.4% |
| Deferred charges and accrued income | 490/1 | €3,025 | €0 | -€3,025 | -100% |
| Total equity and liabilities | 10/49 | €134,658 | €140,649 | +€5,991 | +4.4% |
| Equity | 10/15 | €93,798 | €110,337 | +€16,539 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €75,198 | €91,737 | +€16,539 | +22.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €3,976 | €3,976 | = | 0.0% |
| Distributable reserves | 133 | €69,362 | €85,901 | +€16,539 | +23.8% |
| Amounts payable | 17/49 | €40,860 | €30,313 | -€10,548 | -25.8% |
| Amounts payable after more than one year | 17 | €12,272 | €4,442 | -€7,830 | -63.8% |
| Financial debts | 170/4 | €12,272 | €4,442 | -€7,830 | -63.8% |
| Amounts payable within one year | 42/48 | €24,579 | €25,870 | +€1,292 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €6,448 | €7,348 | +€899 | +13.9% |
| Financial debts | 43 | €2,218 | €2,188 | -€30 | -1.4% |
| Credit institutions | 430/8 | €2,218 | €2,188 | -€30 | -1.4% |
| Trade debts | 44 | €14,823 | €0 | -€14,823 | -100% |
| Suppliers | 440/4 | €14,823 | €0 | -€14,823 | -100% |
| Taxes, remuneration and social security | 45 | €1,089 | €16,335 | +€15,246 | +1,400% |
| Taxes | 450/3 | €1,089 | €16,335 | +€15,246 | +1,400% |
| Accrued charges and deferred income | 492/3 | €4,010 | €0 | -€4,010 | -100% |
| Remuneration, social security and pensions | 62 | €127,021 | €94,605 | -€32,417 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,775 | €9,221 | -€1,553 | -14.4% |
| Other operating charges | 640/8 | €6,510 | €3,400 | -€3,109 | -47.8% |
| Gross operating margin | 9900 | €164,901 | €136,284 | -€28,617 | -17.4% |
| Operating profit (loss) | 9901 | €20,596 | €29,057 | +€8,462 | +41.1% |
| Financial income | 75/76B | €0 | €604 | +€604 | +208,197% |
| Recurring financial income | 75 | €0 | €604 | +€604 | +208,197% |
| Financial charges | 65/66B | €2,026 | €2,439 | +€414 | +20.4% |
| Recurring financial charges | 65 | €2,026 | €2,439 | +€414 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €18,570 | €27,222 | +€8,652 | +46.6% |
| Income taxes | 67/77 | €6,500 | €10,683 | +€4,183 | +64.4% |
| Profit (loss) for the period | 9904 | €12,070 | €16,539 | +€4,469 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,070 | €16,539 | +€4,469 | +37.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.