Charlis: 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.
Charlis
Largest movements
- Receivables within one year +€28,012
up €28,012 (+58.8%), from €47,646 to €75,658
of which Trade receivables: +€27,289
- Tangible fixed assets -€23,495
down €23,495 (-15.4%), from €152,220 to €128,725
of which Other tangible fixed assets: -€19,314
- Cash -€10,642
down €10,642 (-44.6%), from €23,839 to €13,197
mainly Debts after one year (-€29,204) and Receivables within one year (-€28,012)
- Stocks and contracts +€3,065
up €3,065 (+115.0%), from €2,665 to €5,730
- Debts after one year -€29,204
down €29,204 (-56.0%), from €52,181 to €22,977
- Reserves +€21,944
up €21,944 (+95.8%), from €22,900 to €44,845
- Trade debts +€21,828
up €21,828 (+35.4%), from €61,623 to €83,451
- Short-term financial debts -€20,712
down €20,712 (-82.8%), from €25,000 to €4,288
- Current portion of long-term debt +€16,981
up €16,981 (+46.1%), from €36,858 to €53,839
- Staff costs -€29,409
down €29,409 (-28.6%), from €102,696 to €73,287
- Gross operating margin -€19,017
down €19,017 (-10.8%), from €176,813 to €157,796
- Taxes +€2,200
up €2,200 (+16.1%), from €13,637 to €15,837
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 | €244,588 | €241,301 | -€3,287 | -1.3% |
| Fixed assets | 21/28 | €152,220 | €128,725 | -€23,495 | -15.4% |
| Tangible fixed assets | 22/27 | €152,220 | €128,725 | -€23,495 | -15.4% |
| Plant, machinery and equipment | 23 | €28,310 | €20,282 | -€8,028 | -28.4% |
| Furniture and vehicles | 24 | €1,660 | €5,508 | +€3,847 | +231.7% |
| Other tangible fixed assets | 26 | €122,249 | €102,935 | -€19,314 | -15.8% |
| Current assets | 29/58 | €92,368 | €112,576 | +€20,208 | +21.9% |
| Amounts receivable after more than one year | 29 | €16,453 | €16,453 | = | 0.0% |
| Other amounts receivable | 291 | €16,453 | €16,453 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,665 | €5,730 | +€3,065 | +115.0% |
| Stocks | 30/36 | €2,665 | €5,730 | +€3,065 | +115.0% |
| Amounts receivable within one year | 40/41 | €47,646 | €75,658 | +€28,012 | +58.8% |
| Trade receivables | 40 | €27,106 | €54,394 | +€27,289 | +100.7% |
| Other amounts receivable | 41 | €20,540 | €21,264 | +€723 | +3.5% |
| Cash at bank and in hand | 54/58 | €23,839 | €13,197 | -€10,642 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,765 | €1,538 | -€227 | -12.9% |
| Total equity and liabilities | 10/49 | €244,588 | €241,301 | -€3,287 | -1.3% |
| Equity | 10/15 | €32,900 | €54,845 | +€21,944 | +66.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €22,900 | €44,845 | +€21,944 | +95.8% |
| Distributable reserves | 133 | €22,900 | €44,845 | +€21,944 | +95.8% |
| Amounts payable | 17/49 | €211,688 | €186,456 | -€25,231 | -11.9% |
| Amounts payable after more than one year | 17 | €52,181 | €22,977 | -€29,204 | -56.0% |
| Financial debts | 170/4 | €52,181 | €22,977 | -€29,204 | -56.0% |
| Amounts payable within one year | 42/48 | €159,507 | €163,479 | +€3,972 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €36,858 | €53,839 | +€16,981 | +46.1% |
| Financial debts | 43 | €25,000 | €4,288 | -€20,712 | -82.8% |
| Credit institutions | 430/8 | €25,000 | €4,288 | -€20,712 | -82.8% |
| Trade debts | 44 | €61,623 | €83,451 | +€21,828 | +35.4% |
| Suppliers | 440/4 | €61,623 | €83,451 | +€21,828 | +35.4% |
| Advances received on contracts in progress | 46 | €24 | €3,928 | +€3,904 | +16268.5% |
| Taxes, remuneration and social security | 45 | €23,805 | €17,972 | -€5,833 | -24.5% |
| Taxes | 450/3 | €7,689 | €3,701 | -€3,988 | -51.9% |
| Remuneration and social security | 454/9 | €16,116 | €14,272 | -€1,845 | -11.4% |
| Other amounts payable | 47/48 | €12,197 | - | -€12,197 | |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €102,696 | €73,287 | -€29,409 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,437 | €28,665 | +€229 | +0.8% |
| Other operating charges | 640/8 | €9,930 | €11,035 | +€1,105 | +11.1% |
| Gross operating margin | 9900 | €176,813 | €157,796 | -€19,017 | -10.8% |
| Operating profit (loss) | 9901 | €35,750 | €44,808 | +€9,058 | +25.3% |
| Financial income | 75/76B | €23 | €947 | +€925 | +4088.2% |
| Recurring financial income | 75 | €23 | €947 | +€925 | +4088.2% |
| Financial charges | 65/66B | €7,787 | €7,974 | +€187 | +2.4% |
| Recurring financial charges | 65 | €7,787 | €7,974 | +€187 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €27,986 | €37,781 | +€9,796 | +35.0% |
| Income taxes | 67/77 | €13,637 | €15,837 | +€2,200 | +16.1% |
| Profit (loss) for the period | 9904 | €14,349 | €21,944 | +€7,595 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,349 | €21,944 | +€7,595 | +52.9% |
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 30 September 2026 via checked.be.