CHARLOTTE PARENT: 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 PARENT
Largest movements
- Tangible fixed assets +€32,692
up €32,692 (+340%), from €9,606 to €42,299
of which Plant, machinery and equipment: +€25,142
- Cash +€14,160
up €14,160 (+8.9%), from €158,469 to €172,629
mainly Other debts (+€74,276) and Net result for the year (+€41,771)
- Other debts +€74,276
up €74,276 (+14,181%), from €524 to €74,800
- Reserves -€40,000
down €40,000 (-33.3%), from €120,000 to €80,000
- Tax, wage and social debts +€11,145
up €11,145 (+32.6%), from €34,209 to €45,355
- Gross operating margin -€10,528
down €10,528 (-13.6%), from €77,597 to €67,069
- Other operating charges +€3,827
up €3,827 (+409%), from €935 to €4,761
- Taxes -€3,757
down €3,757 (-18.9%), from €19,866 to €16,108
- Depreciation +€2,224
up €2,224 (+126%), from €1,765 to €3,988
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 | €168,075 | €214,928 | +€46,853 | +27.9% |
| Fixed assets | 21/28 | €9,606 | €42,299 | +€32,692 | +340% |
| Tangible fixed assets | 22/27 | €9,606 | €42,299 | +€32,692 | +340% |
| Plant, machinery and equipment | 23 | €8,026 | €33,168 | +€25,142 | +313% |
| Furniture and vehicles | 24 | €1,581 | €9,131 | +€7,550 | +478% |
| Current assets | 29/58 | €158,469 | €172,629 | +€14,160 | +8.9% |
| Cash at bank and in hand | 54/58 | €158,469 | €172,629 | +€14,160 | +8.9% |
| Total equity and liabilities | 10/49 | €168,075 | €214,928 | +€46,853 | +27.9% |
| Equity | 10/15 | €129,788 | €91,559 | -€38,229 | -29.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Non-distributable reserves | 130/1 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Reserves not available under the articles | 1311 | €120,000 | €80,000 | -€40,000 | -33.3% |
| Profit (loss) carried forward | 14 | €9,288 | €11,059 | +€1,771 | +19.1% |
| Amounts payable | 17/49 | €38,287 | €123,369 | +€85,082 | +222% |
| Amounts payable within one year | 42/48 | €38,287 | €123,369 | +€85,082 | +222% |
| Trade debts | 44 | €3,554 | €3,214 | -€340 | -9.6% |
| Suppliers | 440/4 | €3,554 | €3,214 | -€340 | -9.6% |
| Taxes, remuneration and social security | 45 | €34,209 | €45,355 | +€11,145 | +32.6% |
| Taxes | 450/3 | €34,209 | €45,355 | +€11,145 | +32.6% |
| Other amounts payable | 47/48 | €524 | €74,800 | +€74,276 | +14,181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,765 | €3,988 | +€2,224 | +126% |
| Other operating charges | 640/8 | €935 | €4,761 | +€3,827 | +409% |
| Gross operating margin | 9900 | €77,597 | €67,069 | -€10,528 | -13.6% |
| Operating profit (loss) | 9901 | €74,897 | €58,319 | -€16,578 | -22.1% |
| Financial charges | 65/66B | €744 | €440 | -€304 | -40.9% |
| Recurring financial charges | 65 | €744 | €440 | -€304 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €74,154 | €57,880 | -€16,274 | -21.9% |
| Income taxes | 67/77 | €19,866 | €16,108 | -€3,757 | -18.9% |
| Profit (loss) for the period | 9904 | €54,288 | €41,771 | -€12,517 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,288 | €41,771 | -€12,517 | -23.1% |
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 25 October 2026 via checked.be.