Charlotte B.: 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.
Charlotte B.
Largest movements
- Tangible fixed assets -€20,506
down €20,506 (-12.0%), from €170,430 to €149,924
of which Land and buildings: -€16,029
- Receivables within one year -€5,668
down €5,668 (-91.7%), from €6,183 to €515
of which Trade receivables: -€3,197
- Stocks and contracts -€5,432
down €5,432 (-32.5%), from €16,696 to €11,264
- Cash -€3,623
down €3,623 (-7.4%), from €48,810 to €45,187
mainly Debts after one year (-€13,099) and Contributions, distributions and other (-€9,965)
- Profit (loss) carried forward -€18,137
down €18,137 (-40.8%), from €44,460 to €26,323
- Debts after one year -€13,099
down €13,099 (-9.2%), from €142,224 to €129,125
- Tax, wage and social debts -€4,277
down €4,277 (-19.6%), from €21,839 to €17,562
of which Taxes: -€4,900
- Gross operating margin -€51,498
down €51,498 (-55.5%), from €92,852 to €41,354
- Staff costs -€36,907
down €36,907 (-73.4%), from €50,313 to €13,406
- Taxes -€3,284
down €3,284, from €2,122 to -€1,163
- Depreciation +€990
up €990 (+5.1%), from €19,516 to €20,506
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 | €242,120 | €207,007 | -€35,113 | -14.5% |
| Fixed assets | 21/28 | €170,430 | €149,924 | -€20,506 | -12.0% |
| Tangible fixed assets | 22/27 | €170,430 | €149,924 | -€20,506 | -12.0% |
| Land and buildings | 22 | €156,186 | €140,157 | -€16,029 | -10.3% |
| Furniture and vehicles | 24 | €14,245 | €9,768 | -€4,477 | -31.4% |
| Current assets | 29/58 | €71,689 | €57,083 | -€14,607 | -20.4% |
| Stocks and contracts in progress | 3 | €16,696 | €11,264 | -€5,432 | -32.5% |
| Stocks | 30/36 | €16,696 | €11,264 | -€5,432 | -32.5% |
| Amounts receivable within one year | 40/41 | €6,183 | €515 | -€5,668 | -91.7% |
| Trade receivables | 40 | €3,270 | €73 | -€3,197 | -97.8% |
| Other amounts receivable | 41 | €2,913 | €442 | -€2,471 | -84.8% |
| Cash at bank and in hand | 54/58 | €48,810 | €45,187 | -€3,623 | -7.4% |
| Deferred charges and accrued income | 490/1 | €0 | €116 | +€116 | |
| Total equity and liabilities | 10/49 | €242,120 | €207,007 | -€35,113 | -14.5% |
| Equity | 10/15 | €49,460 | €31,323 | -€18,137 | -36.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,460 | €26,323 | -€18,137 | -40.8% |
| Amounts payable | 17/49 | €192,659 | €175,684 | -€16,975 | -8.8% |
| Amounts payable after more than one year | 17 | €142,224 | €129,125 | -€13,099 | -9.2% |
| Financial debts | 170/4 | €142,224 | €129,125 | -€13,099 | -9.2% |
| Amounts payable within one year | 42/48 | €50,271 | €46,282 | -€3,989 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €13,409 | €13,783 | +€374 | +2.8% |
| Trade debts | 44 | €5,058 | €2,954 | -€2,104 | -41.6% |
| Suppliers | 440/4 | €5,058 | €2,954 | -€2,104 | -41.6% |
| Taxes, remuneration and social security | 45 | €21,839 | €17,562 | -€4,277 | -19.6% |
| Taxes | 450/3 | €16,771 | €11,871 | -€4,900 | -29.2% |
| Remuneration and social security | 454/9 | €5,068 | €5,691 | +€623 | +12.3% |
| Other amounts payable | 47/48 | €9,965 | €11,983 | +€2,018 | +20.3% |
| Accrued charges and deferred income | 492/3 | €165 | €277 | +€113 | +68.3% |
| Remuneration, social security and pensions | 62 | €50,313 | €13,406 | -€36,907 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,516 | €20,506 | +€990 | +5.1% |
| Other operating charges | 640/8 | €4,059 | €4,369 | +€310 | +7.6% |
| Gross operating margin | 9900 | €92,852 | €41,354 | -€51,498 | -55.5% |
| Operating profit (loss) | 9901 | €18,965 | €3,074 | -€15,891 | -83.8% |
| Financial income | 75/76B | €678 | €4 | -€673 | -99.3% |
| Recurring financial income | 75 | €678 | €4 | -€673 | -99.3% |
| Financial charges | 65/66B | €12,540 | €12,413 | -€128 | -1.0% |
| Recurring financial charges | 65 | €12,540 | €12,413 | -€128 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €7,102 | -€9,335 | -€16,437 | |
| Income taxes | 67/77 | €2,122 | -€1,163 | -€3,284 | |
| Profit (loss) for the period | 9904 | €4,981 | -€8,172 | -€13,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,981 | -€8,172 | -€13,153 |
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 18 October 2026 via checked.be.