CHARLOTTE DE CHAFFOY: 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 DE CHAFFOY
Largest movements
- Tangible fixed assets +€187,900
up €187,900 (+151%), from €124,363 to €312,263
of which Land and buildings: +€206,498
- Cash -€21,291
down €21,291 (-51.2%), from €41,608 to €20,317
mainly Investment in fixed assets (net) (-€226,607) and Net result for the year (-€8,555)
- Receivables within one year +€6,220
up €6,220 (+30.3%), from €20,517 to €26,737
of which Trade receivables: +€10,220
- Debts after one year +€150,000
up €150,000, from €0 to €150,000
- Other debts +€36,834
up €36,834 (+113%), from €32,558 to €69,392
- Profit (loss) carried forward -€8,555
down €8,555 (-13.0%), from €65,839 to €57,284
- Current portion of long-term debt -€5,831
down €5,831 (-100%), from €5,831 to €0
- Gross operating margin +€4,776
up €4,776 (+8.2%), from €58,136 to €62,911
- Taxes -€3,732
down €3,732 (-100%), from €3,732 to €0
- Financial charges +€1,001
up €1,001 (+29.2%), from €3,428 to €4,429
- Depreciation +€811
up €811 (+2.1%), from €37,897 to €38,708
- Other operating charges +€660
up €660 (+42.9%), from €1,538 to €2,197
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 | €188,631 | €361,413 | +€172,783 | +91.6% |
| Fixed assets | 21/28 | €124,363 | €312,263 | +€187,900 | +151% |
| Tangible fixed assets | 22/27 | €124,363 | €312,263 | +€187,900 | +151% |
| Land and buildings | 22 | €60,800 | €267,298 | +€206,498 | +340% |
| Plant, machinery and equipment | 23 | €2,556 | €9,832 | +€7,276 | +285% |
| Furniture and vehicles | 24 | €11,184 | €4,947 | -€6,237 | -55.8% |
| Other tangible fixed assets | 26 | €49,823 | €30,185 | -€19,638 | -39.4% |
| Current assets | 29/58 | €64,268 | €49,151 | -€15,117 | -23.5% |
| Amounts receivable within one year | 40/41 | €20,517 | €26,737 | +€6,220 | +30.3% |
| Trade receivables | 40 | €14,244 | €24,464 | +€10,220 | +71.7% |
| Other amounts receivable | 41 | €6,272 | €2,272 | -€4,000 | -63.8% |
| Cash at bank and in hand | 54/58 | €41,608 | €20,317 | -€21,291 | -51.2% |
| Deferred charges and accrued income | 490/1 | €2,143 | €2,097 | -€46 | -2.1% |
| Total equity and liabilities | 10/49 | €188,631 | €361,413 | +€172,783 | +91.6% |
| Equity | 10/15 | €139,189 | €130,634 | -€8,555 | -6.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €54,800 | €54,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | €52,945 | €54,800 | +€1,855 | +3.5% |
| Profit (loss) carried forward | 14 | €65,839 | €57,284 | -€8,555 | -13.0% |
| Amounts payable | 17/49 | €49,442 | €230,780 | +€181,338 | +367% |
| Amounts payable after more than one year | 17 | €0 | €150,000 | +€150,000 | |
| Financial debts | 170/4 | €0 | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €48,488 | €78,692 | +€30,204 | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €5,831 | €0 | -€5,831 | -100% |
| Trade debts | 44 | €5,019 | €6,178 | +€1,159 | +23.1% |
| Suppliers | 440/4 | €5,019 | €6,178 | +€1,159 | +23.1% |
| Taxes, remuneration and social security | 45 | €5,081 | €3,122 | -€1,959 | -38.5% |
| Taxes | 450/3 | €5,081 | €3,122 | -€1,959 | -38.5% |
| Other amounts payable | 47/48 | €32,558 | €69,392 | +€36,834 | +113% |
| Accrued charges and deferred income | 492/3 | €954 | €2,088 | +€1,134 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,897 | €38,708 | +€811 | +2.1% |
| Other operating charges | 640/8 | €1,538 | €2,197 | +€660 | +42.9% |
| Non-recurring operating charges | 66A | - | €26,136 | +€26,136 | |
| Gross operating margin | 9900 | €58,136 | €62,911 | +€4,776 | +8.2% |
| Operating profit (loss) | 9901 | €18,701 | -€4,130 | -€22,831 | |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €3,428 | €4,429 | +€1,001 | +29.2% |
| Recurring financial charges | 65 | €3,428 | €4,429 | +€1,001 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €15,273 | -€8,555 | -€23,828 | |
| Income taxes | 67/77 | €3,732 | €0 | -€3,732 | -100% |
| Profit (loss) for the period | 9904 | €11,541 | -€8,555 | -€20,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,541 | -€8,555 | -€20,096 |
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 29 October 2026 via checked.be.