CHARMAIA: 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.
CHARMAIA
Largest movements
- Stocks and contracts -€106,043
down €106,043 (-98.0%), from €108,252 to €2,209
- Tangible fixed assets -€54,180
down €54,180 (-70.2%), from €77,185 to €23,004
of which Other tangible fixed assets: -€38,172
- Cash -€5,737
down €5,737 (-9.7%), from €59,074 to €53,337
mainly Other debts (-€83,441) and Net result for the year (-€65,002)
- Receivables within one year -€3,994
down €3,994 (-33.7%), from €11,859 to €7,865
- Other debts -€83,441
down €83,441 (-76.4%), from €109,213 to €25,772
- Profit (loss) carried forward -€65,002
down €65,002 (-571%), from -€11,376 to -€76,378
- Tax, wage and social debts -€8,229
down €8,229 (-64.1%), from €12,839 to €4,610
- Debts after one year -€7,037
down €7,037 (-5.9%), from €120,037 to €113,000
- Trade debts -€6,322
down €6,322 (-93.2%), from €6,785 to €463
- Other operating charges +€40,718
up €40,718 (+4,641%), from €877 to €41,596
- Gross operating margin -€15,519
down €15,519, from €11,183 to -€4,337
- Depreciation -€8,732
down €8,732 (-45.5%), from €19,182 to €10,450
- Financial income -€1,196
down €1,196 (-46.6%), from €2,568 to €1,372
- Financial charges -€125
down €125 (-2.9%), from €4,265 to €4,139
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 | €259,857 | €89,626 | -€170,232 | -65.5% |
| Fixed assets | 21/28 | €77,185 | €23,004 | -€54,180 | -70.2% |
| Tangible fixed assets | 22/27 | €77,185 | €23,004 | -€54,180 | -70.2% |
| Plant, machinery and equipment | 23 | €8,046 | €0 | -€8,046 | -100% |
| Furniture and vehicles | 24 | €15,497 | €7,535 | -€7,962 | -51.4% |
| Other tangible fixed assets | 26 | €53,642 | €15,470 | -€38,172 | -71.2% |
| Current assets | 29/58 | €182,673 | €66,621 | -€116,051 | -63.5% |
| Stocks and contracts in progress | 3 | €108,252 | €2,209 | -€106,043 | -98.0% |
| Stocks | 30/36 | €108,252 | €2,209 | -€106,043 | -98.0% |
| Amounts receivable within one year | 40/41 | €11,859 | €7,865 | -€3,994 | -33.7% |
| Trade receivables | 40 | €11,859 | €7,865 | -€3,994 | -33.7% |
| Cash at bank and in hand | 54/58 | €59,074 | €53,337 | -€5,737 | -9.7% |
| Deferred charges and accrued income | 490/1 | €3,487 | €3,210 | -€276 | -7.9% |
| Total equity and liabilities | 10/49 | €259,857 | €89,626 | -€170,232 | -65.5% |
| Equity | 10/15 | €3,260 | -€61,742 | -€65,002 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,437 | €8,437 | = | 0.0% |
| Distributable reserves | 133 | €8,437 | €8,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,376 | -€76,378 | -€65,002 | -571% |
| Amounts payable | 17/49 | €256,597 | €151,368 | -€105,230 | -41.0% |
| Amounts payable after more than one year | 17 | €120,037 | €113,000 | -€7,037 | -5.9% |
| Financial debts | 170/4 | €120,037 | €113,000 | -€7,037 | -5.9% |
| Amounts payable within one year | 42/48 | €136,172 | €37,886 | -€98,287 | -72.2% |
| Current portion of amounts payable after more than one year | 42 | €6,963 | €7,037 | +€74 | +1.1% |
| Financial debts | 43 | €372 | €3 | -€369 | -99.2% |
| Credit institutions | 430/8 | €372 | €3 | -€369 | -99.2% |
| Trade debts | 44 | €6,785 | €463 | -€6,322 | -93.2% |
| Suppliers | 440/4 | €6,785 | €463 | -€6,322 | -93.2% |
| Taxes, remuneration and social security | 45 | €12,839 | €4,610 | -€8,229 | -64.1% |
| Taxes | 450/3 | €12,839 | €4,610 | -€8,229 | -64.1% |
| Other amounts payable | 47/48 | €109,213 | €25,772 | -€83,441 | -76.4% |
| Accrued charges and deferred income | 492/3 | €387 | €482 | +€94 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,182 | €10,450 | -€8,732 | -45.5% |
| Other operating charges | 640/8 | €877 | €41,596 | +€40,718 | +4,641% |
| Non-recurring operating charges | 66A | - | €5,786 | +€5,786 | |
| Gross operating margin | 9900 | €11,183 | -€4,337 | -€15,519 | |
| Operating profit (loss) | 9901 | -€8,877 | -€62,168 | -€53,291 | -600% |
| Financial income | 75/76B | €2,568 | €1,372 | -€1,196 | -46.6% |
| Recurring financial income | 75 | €2,568 | €1,372 | -€1,196 | -46.6% |
| Financial charges | 65/66B | €4,265 | €4,139 | -€125 | -2.9% |
| Recurring financial charges | 65 | €4,265 | €4,139 | -€125 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,574 | -€64,936 | -€54,362 | -514% |
| Income taxes | 67/77 | €180 | €66 | -€114 | -63.2% |
| Profit (loss) for the period | 9904 | -€10,754 | -€65,002 | -€54,248 | -504% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,754 | -€65,002 | -€54,248 | -504% |
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 19 October 2026 via checked.be.