CHARLOVER: 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.
CHARLOVER
Largest movements
- Current investments +€148,350
up €148,350 (+69.1%), from €214,650 to €363,000
- Cash +€86,821
up €86,821 (+28.3%), from €307,283 to €394,104
mainly Net result for the year (+€228,625) and Depreciation (+€88,798)
- Tangible fixed assets -€43,676
down €43,676 (-1.7%), from €2.5m to €2.5m
of which Land and buildings: -€40,537
- Receivables within one year -€42,301
down €42,301 (-22.7%), from €186,519 to €144,219
of which Other amounts receivable: -€31,159
- Reserves +€228,625
up €228,625 (+10.6%), from €2.2m to €2.4m
of which Distributable reserves: +€228,625
- Debts after one year -€79,615
down €79,615 (-7.8%), from €1.0m to €941,092
- Financial income +€141,327
up €141,327 (+1155.4%), from €12,232 to €153,559
- Gross operating margin +€81,628
up €81,628 (+60.9%), from €133,990 to €215,618
- Financial charges +€14,778
up €14,778 (+89.1%), from €16,577 to €31,354
- Taxes +€7,104
up €7,104 (+243.1%), from €2,923 to €10,026
- Other operating charges -€2,355
down €2,355 (-18.5%), from €12,728 to €10,373
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.
Cash bridge derived
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 | €3,347,047 | €3,494,989 | +€147,942 | +4.4% |
| Fixed assets | 21/28 | €2,547,128 | €2,503,452 | -€43,676 | -1.7% |
| Tangible fixed assets | 22/27 | €2,544,976 | €2,501,300 | -€43,676 | -1.7% |
| Land and buildings | 22 | €2,528,196 | €2,487,659 | -€40,537 | -1.6% |
| Plant, machinery and equipment | 23 | €151 | €1,290 | +€1,139 | +756.1% |
| Furniture and vehicles | 24 | €16,629 | €12,352 | -€4,277 | -25.7% |
| Financial fixed assets | 28 | €2,152 | €2,152 | = | 0.0% |
| Current assets | 29/58 | €799,919 | €991,537 | +€191,617 | +24.0% |
| Amounts receivable after more than one year | 29 | €78,650 | €76,150 | -€2,500 | -3.2% |
| Other amounts receivable | 291 | €78,650 | €76,150 | -€2,500 | -3.2% |
| Amounts receivable within one year | 40/41 | €186,519 | €144,219 | -€42,301 | -22.7% |
| Trade receivables | 40 | €11,142 | €0 | -€11,142 | -100.0% |
| Other amounts receivable | 41 | €175,377 | €144,219 | -€31,159 | -17.8% |
| Current investments | 50/53 | €214,650 | €363,000 | +€148,350 | +69.1% |
| Cash at bank and in hand | 54/58 | €307,283 | €394,104 | +€86,821 | +28.3% |
| Deferred charges and accrued income | 490/1 | €12,817 | €14,064 | +€1,247 | +9.7% |
| Total equity and liabilities | 10/49 | €3,347,047 | €3,494,989 | +€147,942 | +4.4% |
| Equity | 10/15 | €2,220,768 | €2,449,393 | +€228,625 | +10.3% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €2,157,555 | €2,386,180 | +€228,625 | +10.6% |
| Non-distributable reserves | 130/1 | €6,321 | €6,321 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,321 | €6,321 | = | 0.0% |
| Distributable reserves | 133 | €2,151,234 | €2,379,859 | +€228,625 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,126,280 | €1,045,596 | -€80,683 | -7.2% |
| Amounts payable after more than one year | 17 | €1,020,706 | €941,092 | -€79,615 | -7.8% |
| Financial debts | 170/4 | €1,020,706 | €941,092 | -€79,615 | -7.8% |
| Amounts payable within one year | 42/48 | €105,574 | €104,505 | -€1,069 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €85,965 | €82,582 | -€3,382 | -3.9% |
| Financial debts | 43 | €5 | €7 | +€2 | +34.5% |
| Credit institutions | 430/8 | €5 | €7 | +€2 | +34.5% |
| Trade debts | 44 | €3,170 | €1,910 | -€1,259 | -39.7% |
| Suppliers | 440/4 | €3,170 | €1,910 | -€1,259 | -39.7% |
| Taxes, remuneration and social security | 45 | €12,193 | €17,097 | +€4,904 | +40.2% |
| Taxes | 450/3 | €12,193 | €17,097 | +€4,904 | +40.2% |
| Other amounts payable | 47/48 | €4,241 | €2,908 | -€1,333 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,424 | €88,798 | +€1,373 | +1.6% |
| Other operating charges | 640/8 | €12,728 | €10,373 | -€2,355 | -18.5% |
| Gross operating margin | 9900 | €133,990 | €215,618 | +€81,628 | +60.9% |
| Operating profit (loss) | 9901 | €33,837 | €116,447 | +€82,610 | +244.1% |
| Financial income | 75/76B | €12,232 | €153,559 | +€141,327 | +1155.4% |
| Recurring financial income | 75 | €12,232 | €153,559 | +€141,327 | +1155.4% |
| Financial charges | 65/66B | €16,577 | €31,354 | +€14,778 | +89.1% |
| Recurring financial charges | 65 | €16,577 | €31,354 | +€14,778 | +89.1% |
| Profit (loss) for the period before taxes | 9903 | €29,492 | €238,651 | +€209,159 | +709.2% |
| Income taxes | 67/77 | €2,923 | €10,026 | +€7,104 | +243.1% |
| Profit (loss) for the period | 9904 | €26,569 | €228,625 | +€202,056 | +760.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,569 | €228,625 | +€202,056 | +760.5% |
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 10 October 2026 via checked.be.