CHARLY DESIGN: what changed
Two fiscal 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.
CHARLY DESIGN
Largest movements
- Tangible fixed assets -€6,417
down €6,417 (-29.9%), from €21,467 to €15,050
of which Other tangible fixed assets: -€4,456
- Cash +€4,957
new in 2024: €4,957
mainly Tax, wage and social debts (+€38,639) and Net result for the year (+€16,838)
- Tax, wage and social debts +€38,639
new in 2024: €38,639
- Trade debts -€29,697
down €29,697 (-32.0%), from €92,839 to €63,142
- Current portion of long-term debt -€22,996
no longer reported in 2024 (was €22,996)
- Profit (loss) carried forward +€16,838
up €16,838 (+6.6%), from -€253,839 to -€237,002
- Accrued charges and deferred income -€3,424
no longer reported in 2024 (was €3,424)
- Gross operating margin +€61,900
up €61,900 (+95.2%), from €65,042 to €126,942
- Financial charges -€9,401
down €9,401 (-25.9%), from €36,313 to €26,913
- Staff costs +€4,193
up €4,193 (+6.1%), from €69,171 to €73,364
- Other operating charges +€2,269
up €2,269 (+73.8%), from €3,076 to €5,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,467 | €214,655 | -€1,812 | -0.8% |
| Fixed assets | 21/28 | €26,477 | €20,060 | -€6,417 | -24.2% |
| Tangible fixed assets | 22/27 | €21,467 | €15,050 | -€6,417 | -29.9% |
| Plant, machinery and equipment | 23 | €419 | €326 | -€93 | -22.2% |
| Furniture and vehicles | 24 | €4,671 | €2,802 | -€1,868 | -40.0% |
| Other tangible fixed assets | 26 | €16,377 | €11,921 | -€4,456 | -27.2% |
| Financial fixed assets | 28 | €5,010 | €5,010 | = | 0.0% |
| Current assets | 29/58 | €189,990 | €194,595 | +€4,605 | +2.4% |
| Stocks and contracts in progress | 3 | €48,124 | €48,124 | = | 0.0% |
| Stocks | 30/36 | €48,124 | €48,124 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €137,318 | €138,596 | +€1,278 | +0.9% |
| Trade receivables | 40 | €58,361 | €95,377 | +€37,016 | +63.4% |
| Other amounts receivable | 41 | €78,957 | €43,219 | -€35,738 | -45.3% |
| Cash at bank and in hand | 54/58 | - | €4,957 | +€4,957 | |
| Deferred charges and accrued income | 490/1 | €4,548 | €2,918 | -€1,630 | -35.8% |
| Total equity and liabilities | 10/49 | €216,467 | €214,655 | -€1,812 | -0.8% |
| Equity | 10/15 | -€191,043 | -€174,206 | +€16,838 | +8.8% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €56,546 | €56,546 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,686 | €54,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,839 | -€237,002 | +€16,838 | +6.6% |
| Amounts payable | 17/49 | €407,510 | €388,860 | -€18,650 | -4.6% |
| Amounts payable after more than one year | 17 | €287,079 | €287,079 | = | 0.0% |
| Financial debts | 170/4 | €287,079 | €287,079 | = | 0.0% |
| Amounts payable within one year | 42/48 | €117,007 | €101,781 | -€15,226 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €22,996 | - | -€22,996 | |
| Financial debts | 43 | €1,172 | - | -€1,172 | |
| Credit institutions | 430/8 | €1,172 | - | -€1,172 | |
| Trade debts | 44 | €92,839 | €63,142 | -€29,697 | -32.0% |
| Suppliers | 440/4 | €92,839 | €63,142 | -€29,697 | -32.0% |
| Taxes, remuneration and social security | 45 | - | €38,639 | +€38,639 | |
| Taxes | 450/3 | - | €38,639 | +€38,639 | |
| Accrued charges and deferred income | 492/3 | €3,424 | - | -€3,424 | |
| Remuneration, social security and pensions | 62 | €69,171 | €73,364 | +€4,193 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,177 | €6,417 | +€240 | +3.9% |
| Other operating charges | 640/8 | €3,076 | €5,345 | +€2,269 | +73.8% |
| Gross operating margin | 9900 | €65,042 | €126,942 | +€61,900 | +95.2% |
| Operating profit (loss) | 9901 | -€13,382 | €41,815 | +€55,197 | |
| Financial income | 75/76B | €2,977 | €2,222 | -€755 | -25.4% |
| Recurring financial income | 75 | €2,977 | €2,222 | -€755 | -25.4% |
| Financial charges | 65/66B | €36,313 | €26,913 | -€9,401 | -25.9% |
| Recurring financial charges | 65 | €36,313 | €26,913 | -€9,401 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€46,718 | €17,125 | +€63,843 | |
| Income taxes | 67/77 | €241 | €287 | +€46 | +19.3% |
| Profit (loss) for the period | 9904 | -€46,959 | €16,838 | +€63,797 | |
| Transfer from tax-exempt reserves | 789 | €17,917 | - | -€17,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,042 | €16,838 | +€45,879 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.