Charmy: 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.
Charmy
Largest movements
- Stocks and contracts -€40,563
down €40,563 (-16.1%), from €251,435 to €210,873
- Tangible fixed assets -€39,316
down €39,316 (-10.6%), from €372,136 to €332,820
of which Land and buildings: -€31,057
- Debts after one year -€79,430
down €79,430 (-13.8%), from €577,271 to €497,841
of which Financial debts: -€42,977
- Trade debts -€71,570
down €71,570 (-54.3%), from €131,691 to €60,121
- Profit (loss) carried forward +€47,660
up €47,660 (+15.7%), from -€303,356 to -€255,697
- Current portion of long-term debt +€24,634
up €24,634 (+30.3%), from €81,316 to €105,951
- Tax, wage and social debts -€6,825
down €6,825 (-12.4%), from €55,215 to €48,390
of which Remuneration and social security: -€7,524
- Gross operating margin +€34,398
up €34,398 (+23.5%), from €146,453 to €180,852
- Write-downs +€18,461
up €18,461, from -€16,636 to €1,825
- Financial charges +€7,088
up €7,088 (+39.4%), from €17,988 to €25,076
- Depreciation +€5,699
up €5,699 (+16.6%), from €34,265 to €39,965
- Staff costs -€5,196
down €5,196 (-7.8%), from €66,957 to €61,761
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 | €642,193 | €559,691 | -€82,502 | -12.8% |
| Fixed assets | 21/28 | €372,893 | €332,929 | -€39,965 | -10.7% |
| Intangible fixed assets | 21 | €648 | €0 | -€648 | -100% |
| Tangible fixed assets | 22/27 | €372,136 | €332,820 | -€39,316 | -10.6% |
| Land and buildings | 22 | €336,939 | €305,883 | -€31,057 | -9.2% |
| Plant, machinery and equipment | 23 | €1,138 | €325 | -€813 | -71.4% |
| Furniture and vehicles | 24 | €34,059 | €26,612 | -€7,447 | -21.9% |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €269,300 | €226,762 | -€42,537 | -15.8% |
| Stocks and contracts in progress | 3 | €251,435 | €210,873 | -€40,563 | -16.1% |
| Stocks | 30/36 | €251,435 | €210,873 | -€40,563 | -16.1% |
| Amounts receivable within one year | 40/41 | €3,212 | €5,346 | +€2,133 | +66.4% |
| Trade receivables | 40 | €3,212 | €4,834 | +€1,621 | +50.5% |
| Other amounts receivable | 41 | €0 | €512 | +€512 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,414 | €7,896 | -€4,518 | -36.4% |
| Deferred charges and accrued income | 490/1 | €2,238 | €2,648 | +€410 | +18.3% |
| Total equity and liabilities | 10/49 | €642,193 | €559,691 | -€82,502 | -12.8% |
| Equity | 10/15 | -€203,300 | -€155,641 | +€47,660 | +23.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €50,056 | €50,056 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,056 | €45,056 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€303,356 | -€255,697 | +€47,660 | +15.7% |
| Amounts payable | 17/49 | €845,494 | €715,332 | -€130,162 | -15.4% |
| Amounts payable after more than one year | 17 | €577,271 | €497,841 | -€79,430 | -13.8% |
| Financial debts | 170/4 | €416,763 | €373,786 | -€42,977 | -10.3% |
| Other amounts payable | 178/9 | €160,508 | €124,055 | -€36,453 | -22.7% |
| Amounts payable within one year | 42/48 | €268,223 | €214,462 | -€53,761 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €81,316 | €105,951 | +€24,634 | +30.3% |
| Trade debts | 44 | €131,691 | €60,121 | -€71,570 | -54.3% |
| Suppliers | 440/4 | €131,691 | €60,121 | -€71,570 | -54.3% |
| Taxes, remuneration and social security | 45 | €55,215 | €48,390 | -€6,825 | -12.4% |
| Taxes | 450/3 | €39,893 | €40,592 | +€699 | +1.8% |
| Remuneration and social security | 454/9 | €15,322 | €7,798 | -€7,524 | -49.1% |
| Accrued charges and deferred income | 492/3 | - | €3,030 | +€3,030 | |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Remuneration, social security and pensions | 62 | €66,957 | €61,761 | -€5,196 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,265 | €39,965 | +€5,699 | +16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,636 | €1,825 | +€18,461 | |
| Other operating charges | 640/8 | €5,419 | €4,732 | -€687 | -12.7% |
| Gross operating margin | 9900 | €146,453 | €180,852 | +€34,398 | +23.5% |
| Operating profit (loss) | 9901 | €56,448 | €72,569 | +€16,121 | +28.6% |
| Financial income | 75/76B | €1,483 | €167 | -€1,316 | -88.8% |
| Recurring financial income | 75 | €1,483 | €167 | -€1,316 | -88.8% |
| Financial charges | 65/66B | €17,988 | €25,076 | +€7,088 | +39.4% |
| Recurring financial charges | 65 | €17,988 | €25,076 | +€7,088 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €39,943 | €47,660 | +€7,717 | +19.3% |
| Profit (loss) for the period | 9904 | €39,943 | €47,660 | +€7,717 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,943 | €47,660 | +€7,717 | +19.3% |
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 15 October 2026 via checked.be.