CHARMEZ: 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.
CHARMEZ
Largest movements
- Current investments +€30,439
up €30,439 (+30.4%), from €100,207 to €130,646
- Deferred charges and accrued income -€21,189
down €21,189 (-85.9%), from €24,653 to €3,464
- Tangible fixed assets -€15,482
down €15,482 (-42.4%), from €36,556 to €21,074
- Cash +€11,280
up €11,280 (+26.5%), from €42,541 to €53,821
mainly Deferred charges and accrued income (+€21,189) and Net result for the year (+€20,975)
- Receivables within one year +€9,909
up €9,909 (+110%), from €9,034 to €18,943
- Reserves +€20,975
up €20,975 (+11.1%), from €188,187 to €209,161
of which Distributable reserves: +€20,975
- Current portion of long-term debt -€6,327
no longer reported in 2025 (was €6,327)
- Gross operating margin -€14,788
down €14,788 (-24.1%), from €61,332 to €46,544
- Taxes -€4,381
down €4,381 (-31.7%), from €13,814 to €9,433
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 | €212,991 | €227,948 | +€14,957 | +7.0% |
| Fixed assets | 21/28 | €36,556 | €21,074 | -€15,482 | -42.4% |
| Tangible fixed assets | 22/27 | €36,556 | €21,074 | -€15,482 | -42.4% |
| Land and buildings | 22 | €14,135 | €9,606 | -€4,528 | -32.0% |
| Plant, machinery and equipment | 23 | €10,654 | €6,165 | -€4,489 | -42.1% |
| Furniture and vehicles | 24 | €11,767 | €5,302 | -€6,465 | -54.9% |
| Current assets | 29/58 | €176,435 | €206,874 | +€30,439 | +17.3% |
| Amounts receivable within one year | 40/41 | €9,034 | €18,943 | +€9,909 | +110% |
| Other amounts receivable | 41 | €9,034 | €18,943 | +€9,909 | +110% |
| Current investments | 50/53 | €100,207 | €130,646 | +€30,439 | +30.4% |
| Cash at bank and in hand | 54/58 | €42,541 | €53,821 | +€11,280 | +26.5% |
| Deferred charges and accrued income | 490/1 | €24,653 | €3,464 | -€21,189 | -85.9% |
| Total equity and liabilities | 10/49 | €212,991 | €227,948 | +€14,957 | +7.0% |
| Equity | 10/15 | €197,132 | €218,107 | +€20,975 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,187 | €209,161 | +€20,975 | +11.1% |
| 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 | €186,327 | €207,301 | +€20,975 | +11.3% |
| Profit (loss) carried forward | 14 | €2,745 | €2,745 | = | 0.0% |
| Amounts payable | 17/49 | €15,859 | €9,842 | -€6,017 | -37.9% |
| Amounts payable within one year | 42/48 | €15,859 | €9,842 | -€6,017 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €6,327 | - | -€6,327 | |
| Trade debts | 44 | €2,356 | €2,070 | -€286 | -12.1% |
| Suppliers | 440/4 | €2,356 | €2,070 | -€286 | -12.1% |
| Taxes, remuneration and social security | 45 | €7,176 | €7,771 | +€596 | +8.3% |
| Taxes | 450/3 | €7,176 | €7,771 | +€596 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,964 | €15,482 | +€518 | +3.5% |
| Other operating charges | 640/8 | €1,104 | €948 | -€156 | -14.1% |
| Gross operating margin | 9900 | €61,332 | €46,544 | -€14,788 | -24.1% |
| Operating profit (loss) | 9901 | €45,263 | €30,113 | -€15,150 | -33.5% |
| Financial income | 75/76B | €469 | €564 | +€95 | +20.4% |
| Recurring financial income | 75 | €469 | €564 | +€95 | +20.4% |
| Financial charges | 65/66B | €316 | €269 | -€46 | -14.6% |
| Recurring financial charges | 65 | €316 | €269 | -€46 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €45,416 | €30,408 | -€15,008 | -33.0% |
| Income taxes | 67/77 | €13,814 | €9,433 | -€4,381 | -31.7% |
| Profit (loss) for the period | 9904 | €31,602 | €20,975 | -€10,627 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,602 | €20,975 | -€10,627 | -33.6% |
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 16 October 2026 via checked.be.