Charlottedf: 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.
Charlottedf
Largest movements
- Receivables within one year +€208,525
up €208,525 (+538%), from €38,769 to €247,293
of which Other amounts receivable: +€192,939
- Deferred charges and accrued income +€12,808
up €12,808 (+90.7%), from €14,118 to €26,925
- Profit (loss) carried forward +€220,032
up €220,032 (+122%), from €180,505 to €400,537
- Debts after one year -€32,905
down €32,905 (-10.7%), from €306,906 to €274,001
- Tax, wage and social debts +€25,257
up €25,257 (+55.5%), from €45,518 to €70,776
of which Taxes: +€24,700
- Gross operating margin +€53,489
up €53,489 (+18.5%), from €288,629 to €342,119
- Taxes +€24,736
up €24,736 (+54.3%), from €45,553 to €70,290
- Depreciation +€8,345
up €8,345 (+31.2%), from €26,781 to €35,127
- Financial charges -€4,257
down €4,257 (-24.8%), from €17,200 to €12,943
- Staff costs +€3,946
new in 2025: €3,946
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 | €575,968 | €795,642 | +€219,674 | +38.1% |
| Fixed assets | 21/28 | €449,645 | €445,182 | -€4,464 | -1.0% |
| Tangible fixed assets | 22/27 | €449,645 | €445,182 | -€4,464 | -1.0% |
| Plant, machinery and equipment | 23 | €50,446 | €39,502 | -€10,944 | -21.7% |
| Furniture and vehicles | 24 | €32,822 | €24,824 | -€7,998 | -24.4% |
| Other tangible fixed assets | 26 | €366,377 | €380,855 | +€14,479 | +4.0% |
| Current assets | 29/58 | €126,323 | €350,460 | +€224,137 | +177% |
| Amounts receivable within one year | 40/41 | €38,769 | €247,293 | +€208,525 | +538% |
| Trade receivables | 40 | €0 | €15,586 | +€15,586 | |
| Other amounts receivable | 41 | €38,769 | €231,708 | +€192,939 | +498% |
| Cash at bank and in hand | 54/58 | €73,437 | €76,241 | +€2,805 | +3.8% |
| Deferred charges and accrued income | 490/1 | €14,118 | €26,925 | +€12,808 | +90.7% |
| Total equity and liabilities | 10/49 | €575,968 | €795,642 | +€219,674 | +38.1% |
| Equity | 10/15 | €183,005 | €403,037 | +€220,032 | +120% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,505 | €400,537 | +€220,032 | +122% |
| Amounts payable | 17/49 | €392,963 | €392,605 | -€359 | -0.1% |
| Amounts payable after more than one year | 17 | €306,906 | €274,001 | -€32,905 | -10.7% |
| Financial debts | 170/4 | €306,906 | €274,001 | -€32,905 | -10.7% |
| Amounts payable within one year | 42/48 | €85,897 | €117,131 | +€31,234 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €31,635 | €32,905 | +€1,270 | +4.0% |
| Trade debts | 44 | €8,505 | €8,116 | -€390 | -4.6% |
| Suppliers | 440/4 | €8,505 | €8,116 | -€390 | -4.6% |
| Taxes, remuneration and social security | 45 | €45,518 | €70,776 | +€25,257 | +55.5% |
| Taxes | 450/3 | €45,518 | €70,218 | +€24,700 | +54.3% |
| Remuneration and social security | 454/9 | - | €557 | +€557 | |
| Other amounts payable | 47/48 | €238 | €5,335 | +€5,096 | +2,137% |
| Accrued charges and deferred income | 492/3 | €160 | €1,473 | +€1,313 | +821% |
| Remuneration, social security and pensions | 62 | - | €3,946 | +€3,946 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,781 | €35,127 | +€8,345 | +31.2% |
| Other operating charges | 640/8 | €122 | €183 | +€61 | +50.2% |
| Gross operating margin | 9900 | €288,629 | €342,119 | +€53,489 | +18.5% |
| Operating profit (loss) | 9901 | €261,726 | €302,862 | +€41,137 | +15.7% |
| Financial income | 75/76B | €287 | €402 | +€115 | +40.1% |
| Recurring financial income | 75 | €287 | €402 | +€115 | +40.1% |
| Financial charges | 65/66B | €17,200 | €12,943 | -€4,257 | -24.8% |
| Recurring financial charges | 65 | €17,200 | €12,943 | -€4,257 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €244,813 | €290,322 | +€45,509 | +18.6% |
| Income taxes | 67/77 | €45,553 | €70,290 | +€24,736 | +54.3% |
| Profit (loss) for the period | 9904 | €199,260 | €220,032 | +€20,772 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €199,260 | €220,032 | +€20,772 | +10.4% |
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 13 October 2026 via checked.be.