Charlotte Immo: 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 Immo
Largest movements
- Cash +€54,480
up €54,480 (+231%), from €23,588 to €78,068
mainly Net result for the year (+€75,428) and Depreciation (+€64,530)
- Tangible fixed assets -€53,912
down €53,912 (-6.7%), from €800,736 to €746,824
of which Land and buildings: -€51,375
- Receivables within one year -€26,264
down €26,264 (-22.2%), from €118,251 to €91,988
of which Trade receivables: -€40,871
- Receivables after one year +€20,000
new in 2025: €20,000
- Intangible fixed assets -€10,200
down €10,200 (-35.2%), from €28,981 to €18,781
- Debts after one year -€32,491
down €32,491 (-5.4%), from €602,185 to €569,694
- Tax, wage and social debts -€13,586
down €13,586 (-35.6%), from €38,178 to €24,592
of which Taxes: -€12,225
- Short-term financial debts +€10,052
up €10,052 (+23,398%), from €43 to €10,095
of which Other loans: +€10,000
- Profit (loss) carried forward +€10,030
up €10,030, from -€10,030 to €0
- Taxes +€25,848
up €25,848 (+480%), from €5,390 to €31,238
- Gross operating margin +€17,728
up €17,728 (+7.5%), from €236,160 to €253,888
- Staff costs -€17,531
down €17,531 (-23.7%), from €74,084 to €56,552
- Depreciation -€4,514
down €4,514 (-6.5%), from €69,043 to €64,530
- Financial charges -€4,188
down €4,188 (-20.8%), from €20,133 to €15,945
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 | €978,018 | €963,973 | -€14,044 | -1.4% |
| Fixed assets | 21/28 | €831,907 | €767,795 | -€64,112 | -7.7% |
| Intangible fixed assets | 21 | €28,981 | €18,781 | -€10,200 | -35.2% |
| Tangible fixed assets | 22/27 | €800,736 | €746,824 | -€53,912 | -6.7% |
| Land and buildings | 22 | €753,619 | €702,244 | -€51,375 | -6.8% |
| Furniture and vehicles | 24 | €5,877 | €44,580 | +€38,703 | +659% |
| Leasing and similar rights | 25 | €41,241 | - | -€41,241 | |
| Financial fixed assets | 28 | €2,190 | €2,190 | = | 0.0% |
| Current assets | 29/58 | €146,110 | €196,178 | +€50,068 | +34.3% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €118,251 | €91,988 | -€26,264 | -22.2% |
| Trade receivables | 40 | €81,341 | €40,470 | -€40,871 | -50.2% |
| Other amounts receivable | 41 | €36,911 | €51,518 | +€14,607 | +39.6% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,588 | €78,068 | +€54,480 | +231% |
| Deferred charges and accrued income | 490/1 | €4,271 | €6,122 | +€1,851 | +43.3% |
| Total equity and liabilities | 10/49 | €978,018 | €963,973 | -€14,044 | -1.4% |
| Equity | 10/15 | €260,430 | €270,858 | +€10,428 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €251,860 | €252,258 | +€398 | +0.2% |
| Distributable reserves | 133 | €251,860 | €252,258 | +€398 | +0.2% |
| Profit (loss) carried forward | 14 | -€10,030 | €0 | +€10,030 | |
| Amounts payable | 17/49 | €717,587 | €693,115 | -€24,473 | -3.4% |
| Amounts payable after more than one year | 17 | €602,185 | €569,694 | -€32,491 | -5.4% |
| Financial debts | 170/4 | €602,185 | €569,694 | -€32,491 | -5.4% |
| Amounts payable within one year | 42/48 | €115,202 | €119,571 | +€4,369 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €51,702 | €48,685 | -€3,017 | -5.8% |
| Financial debts | 43 | €43 | €10,095 | +€10,052 | +23,398% |
| Credit institutions | 430/8 | €43 | €95 | +€52 | +120% |
| Other loans | 439 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €25,279 | €31,783 | +€6,504 | +25.7% |
| Suppliers | 440/4 | €25,279 | €31,783 | +€6,504 | +25.7% |
| Advances received on contracts in progress | 46 | - | €4,417 | +€4,417 | |
| Taxes, remuneration and social security | 45 | €38,178 | €24,592 | -€13,586 | -35.6% |
| Taxes | 450/3 | €30,257 | €18,032 | -€12,225 | -40.4% |
| Remuneration and social security | 454/9 | €7,921 | €6,560 | -€1,361 | -17.2% |
| Accrued charges and deferred income | 492/3 | €200 | €3,850 | +€3,650 | +1,825% |
| Remuneration, social security and pensions | 62 | €74,084 | €56,552 | -€17,531 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,043 | €64,530 | -€4,514 | -6.5% |
| Other operating charges | 640/8 | €11,990 | €9,484 | -€2,507 | -20.9% |
| Non-recurring operating charges | 66A | €697 | €3,706 | +€3,009 | +432% |
| Gross operating margin | 9900 | €236,160 | €253,888 | +€17,728 | +7.5% |
| Operating profit (loss) | 9901 | €80,345 | €119,616 | +€39,271 | +48.9% |
| Financial income | 75/76B | €458 | €2,995 | +€2,537 | +554% |
| Recurring financial income | 75 | €458 | €2,995 | +€2,537 | +554% |
| Financial charges | 65/66B | €20,133 | €15,945 | -€4,188 | -20.8% |
| Recurring financial charges | 65 | €20,133 | €15,945 | -€4,188 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €60,670 | €106,666 | +€45,996 | +75.8% |
| Income taxes | 67/77 | €5,390 | €31,238 | +€25,848 | +480% |
| Profit (loss) for the period | 9904 | €55,280 | €75,428 | +€20,148 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €55,280 | €75,428 | +€20,148 | +36.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.