Charlz: 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.
Charlz
Largest movements
- Intangible fixed assets -€15,113
down €15,113 (-37.2%), from €40,588 to €25,476
- Receivables within one year +€5,037
up €5,037 (+705%), from €714 to €5,751
of which Trade receivables: +€5,751
- Cash +€1,168
up €1,168 (+1,228%), from €95 to €1,263
mainly Depreciation (+€15,322) and Trade debts (+€4,938)
- Profit (loss) carried forward -€17,080
down €17,080 (-12.0%), from -€142,793 to -€159,873
- Trade debts +€4,938
up €4,938 (+776%), from €637 to €5,575
- Other debts +€2,904
up €2,904 (+1.8%), from €164,711 to €167,615
- Gross operating margin +€1,583
up €1,583 (+61.6%), from -€2,571 to -€987
- Other operating charges -€809
down €809 (-52.8%), from €1,533 to €724
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 | €41,673 | €32,555 | -€9,118 | -21.9% |
| Fixed assets | 21/28 | €40,863 | €25,541 | -€15,322 | -37.5% |
| Intangible fixed assets | 21 | €40,588 | €25,476 | -€15,113 | -37.2% |
| Tangible fixed assets | 22/27 | €275 | €65 | -€210 | -76.4% |
| Plant, machinery and equipment | 23 | €275 | €65 | -€210 | -76.4% |
| Current assets | 29/58 | €809 | €7,014 | +€6,205 | +767% |
| Amounts receivable within one year | 40/41 | €714 | €5,751 | +€5,037 | +705% |
| Trade receivables | 40 | €0 | €5,751 | +€5,751 | |
| Other amounts receivable | 41 | €714 | €0 | -€714 | -100% |
| Cash at bank and in hand | 54/58 | €95 | €1,263 | +€1,168 | +1,228% |
| Total equity and liabilities | 10/49 | €41,673 | €32,555 | -€9,118 | -21.9% |
| Equity | 10/15 | -€123,793 | -€140,873 | -€17,080 | -13.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,793 | -€159,873 | -€17,080 | -12.0% |
| Amounts payable | 17/49 | €165,465 | €173,428 | +€7,962 | +4.8% |
| Amounts payable within one year | 42/48 | €165,347 | €173,190 | +€7,842 | +4.7% |
| Trade debts | 44 | €637 | €5,575 | +€4,938 | +776% |
| Suppliers | 440/4 | €637 | €5,575 | +€4,938 | +776% |
| Other amounts payable | 47/48 | €164,711 | €167,615 | +€2,904 | +1.8% |
| Accrued charges and deferred income | 492/3 | €118 | €238 | +€120 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,322 | €15,322 | = | 0.0% |
| Other operating charges | 640/8 | €1,533 | €724 | -€809 | -52.8% |
| Non-recurring operating charges | 66A | €248 | €0 | -€248 | -100% |
| Gross operating margin | 9900 | -€2,571 | -€987 | +€1,583 | +61.6% |
| Operating profit (loss) | 9901 | -€19,674 | -€17,034 | +€2,640 | +13.4% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,721 | -€17,080 | +€2,640 | +13.4% |
| Profit (loss) for the period | 9904 | -€19,721 | -€17,080 | +€2,640 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,721 | -€17,080 | +€2,640 | +13.4% |
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 30 October 2026 via checked.be.