Charly's Projects: 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.
Charly's Projects
Largest movements
- Cash +€86,348
up €86,348 (+93.4%), from €92,429 to €178,776
mainly Receivables within one year (+€49,271) and Current investments (+€16,876)
- Receivables within one year -€49,271
down €49,271 (-40.4%), from €121,989 to €72,719
of which Trade receivables: -€39,599
- Current investments -€16,876
down €16,876 (-10.7%), from €157,931 to €141,056
- Other debts +€16,035
up €16,035 (+29.7%), from €54,045 to €70,080
- Trade debts +€15,527
up €15,527 (+53.5%), from €29,044 to €44,571
- Tax, wage and social debts -€13,046
down €13,046 (-67.0%), from €19,484 to €6,438
- Reserves +€10,000
up €10,000 (+4.4%), from €225,084 to €235,084
of which Distributable reserves: +€11,860
- Current portion of long-term debt -€8,198
down €8,198 (-82.9%), from €9,893 to €1,694
- Gross operating margin -€78,527
down €78,527 (-60.3%), from €130,282 to €51,756
- Financial charges +€36,174
up €36,174 (+499%), from €7,256 to €43,430
- Taxes -€33,279
down €33,279 (-88.3%), from €37,671 to €4,392
- Financial income -€2,106
down €2,106 (-20.7%), from €10,157 to €8,051
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 | €374,188 | €393,356 | +€19,169 | +5.1% |
| Fixed assets | 21/28 | €1,295 | €80 | -€1,215 | -93.8% |
| Tangible fixed assets | 22/27 | €1,215 | €0 | -€1,215 | -100% |
| Other tangible fixed assets | 26 | €1,215 | €0 | -€1,215 | -100% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €372,892 | €393,276 | +€20,384 | +5.5% |
| Amounts receivable within one year | 40/41 | €121,989 | €72,719 | -€49,271 | -40.4% |
| Trade receivables | 40 | €109,409 | €69,810 | -€39,599 | -36.2% |
| Other amounts receivable | 41 | €12,580 | €2,908 | -€9,672 | -76.9% |
| Current investments | 50/53 | €157,931 | €141,056 | -€16,876 | -10.7% |
| Cash at bank and in hand | 54/58 | €92,429 | €178,776 | +€86,348 | +93.4% |
| Deferred charges and accrued income | 490/1 | €543 | €726 | +€182 | +33.6% |
| Total equity and liabilities | 10/49 | €374,188 | €393,356 | +€19,169 | +5.1% |
| Equity | 10/15 | €256,887 | €266,164 | +€9,277 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,084 | €235,084 | +€10,000 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €223,224 | €235,084 | +€11,860 | +5.3% |
| Profit (loss) carried forward | 14 | €25,603 | €24,880 | -€723 | -2.8% |
| Amounts payable | 17/49 | €117,301 | €127,192 | +€9,891 | +8.4% |
| Amounts payable within one year | 42/48 | €112,465 | €122,783 | +€10,318 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €9,893 | €1,694 | -€8,198 | -82.9% |
| Trade debts | 44 | €29,044 | €44,571 | +€15,527 | +53.5% |
| Suppliers | 440/4 | €29,044 | €44,571 | +€15,527 | +53.5% |
| Taxes, remuneration and social security | 45 | €19,484 | €6,438 | -€13,046 | -67.0% |
| Taxes | 450/3 | €19,484 | €6,438 | -€13,046 | -67.0% |
| Other amounts payable | 47/48 | €54,045 | €70,080 | +€16,035 | +29.7% |
| Accrued charges and deferred income | 492/3 | €4,836 | €4,409 | -€427 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,216 | €1,215 | -€0 | 0.0% |
| Other operating charges | 640/8 | €625 | €659 | +€34 | +5.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €130,282 | €51,756 | -€78,527 | -60.3% |
| Operating profit (loss) | 9901 | €128,441 | €49,881 | -€78,560 | -61.2% |
| Financial income | 75/76B | €10,157 | €8,051 | -€2,106 | -20.7% |
| Recurring financial income | 75 | €10,157 | €8,051 | -€2,106 | -20.7% |
| Financial charges | 65/66B | €7,256 | €43,430 | +€36,174 | +499% |
| Recurring financial charges | 65 | €7,256 | €43,430 | +€36,174 | +499% |
| Profit (loss) for the period before taxes | 9903 | €131,342 | €14,502 | -€116,840 | -89.0% |
| Income taxes | 67/77 | €37,671 | €4,392 | -€33,279 | -88.3% |
| Profit (loss) for the period | 9904 | €93,671 | €10,110 | -€83,561 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €93,671 | €10,110 | -€83,561 | -89.2% |
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 17 October 2026 via checked.be.