CHARNICO: what changed
Two fiscal 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.
CHARNICO
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets -€97,325
down €97,325 (-10.2%), from €954,062 to €856,737
- Receivables within one year -€30,365
down €30,365 (-57.2%), from €53,103 to €22,738
of which Other amounts receivable: -€30,996
- Cash -€24,027
down €24,027 (-68.2%), from €35,244 to €11,217
mainly Current investments (-€100,000) and Other debts (-€19,913)
- Other debts -€19,913
down €19,913 (-4.7%), from €420,910 to €400,997
- Current portion of long-term debt -€12,624
down €12,624 (-66.5%), from €18,996 to €6,372
- Gross operating margin -€109,188
down €109,188 (-77.2%), from €141,389 to €32,201
- Depreciation -€46,421
down €46,421 (-63.9%), from €72,629 to €26,208
- Taxes -€19,233
down €19,233 (-100.0%), from €19,233 to €0
- Financial charges +€2,593
up €2,593 (+157.2%), from €1,649 to €4,242
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.
Cash bridge derived
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 | €1,068,043 | €1,016,326 | -€51,717 | -4.8% |
| Fixed assets | 21/28 | €979,696 | €882,371 | -€97,325 | -9.9% |
| Tangible fixed assets | 22/27 | €954,062 | €856,737 | -€97,325 | -10.2% |
| Land and buildings | 22 | €954,062 | €856,737 | -€97,325 | -10.2% |
| Financial fixed assets | 28 | €25,634 | €25,634 | = | 0.0% |
| Current assets | 29/58 | €88,347 | €133,955 | +€45,608 | +51.6% |
| Amounts receivable within one year | 40/41 | €53,103 | €22,738 | -€30,365 | -57.2% |
| Trade receivables | 40 | - | €632 | +€632 | |
| Other amounts receivable | 41 | €53,103 | €22,107 | -€30,996 | -58.4% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €35,244 | €11,217 | -€24,027 | -68.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,068,043 | €1,016,326 | -€51,717 | -4.8% |
| Equity | 10/15 | €612,590 | €606,528 | -€6,063 | -1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €173,351 | €173,351 | = | 0.0% |
| Distributable reserves | 133 | €173,351 | €173,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | €420,647 | €414,584 | -€6,063 | -1.4% |
| Amounts payable | 17/49 | €455,453 | €409,799 | -€45,655 | -10.0% |
| Amounts payable after more than one year | 17 | €6,372 | €2,430 | -€3,942 | -61.9% |
| Financial debts | 170/4 | €6,372 | €0 | -€6,372 | -100.0% |
| Other amounts payable | 178/9 | - | €2,430 | +€2,430 | |
| Amounts payable within one year | 42/48 | €449,081 | €407,369 | -€41,713 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €18,996 | €6,372 | -€12,624 | -66.5% |
| Trade debts | 44 | €9,175 | €0 | -€9,175 | -100.0% |
| Suppliers | 440/4 | €9,175 | €0 | -€9,175 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €420,910 | €400,997 | -€19,913 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,629 | €26,208 | -€46,421 | -63.9% |
| Other operating charges | 640/8 | €7,931 | €8,108 | +€177 | +2.2% |
| Gross operating margin | 9900 | €141,389 | €32,201 | -€109,188 | -77.2% |
| Operating profit (loss) | 9901 | €60,829 | -€2,115 | -€62,945 | |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €1,649 | €4,242 | +€2,593 | +157.2% |
| Recurring financial charges | 65 | €1,649 | €4,242 | +€2,593 | +157.2% |
| Profit (loss) for the period before taxes | 9903 | €59,180 | -€6,063 | -€65,243 | |
| Income taxes | 67/77 | €19,233 | €0 | -€19,233 | -100.0% |
| Profit (loss) for the period | 9904 | €39,947 | -€6,063 | -€46,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,947 | -€6,063 | -€46,010 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.