Charo: 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.
Charo
Largest movements
- Tangible fixed assets +€279,087
up €279,087 (+1419.0%), from €19,668 to €298,755
of which Land and buildings: +€284,148
- Receivables within one year -€34,954
down €34,954 (-40.0%), from €87,311 to €52,357
of which Trade receivables: -€43,560
- Debts after one year +€213,814
new in 2025: €213,814
- Other debts +€52,916
up €52,916 (+3799.1%), from €1,393 to €54,309
- Reserves -€48,203
down €48,203 (-24.6%), from €196,156 to €147,953
- Current portion of long-term debt +€24,343
new in 2025: €24,343
- Tax, wage and social debts +€7,282
up €7,282 (+35.6%), from €20,464 to €27,746
of which Remuneration and social security: +€6,787
- Depreciation +€37,128
up €37,128 (+841.1%), from €4,414 to €41,542
- Gross operating margin +€20,950
up €20,950 (+51.4%), from €40,774 to €61,724
- Taxes -€6,041
down €6,041 (-57.7%), from €10,464 to €4,423
- Financial charges +€5,028
up €5,028 (+3404.0%), from €148 to €5,176
- Other operating charges +€1,196
up €1,196 (+164.8%), from €726 to €1,921
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 | €227,306 | €475,968 | +€248,662 | +109.4% |
| Fixed assets | 21/28 | €19,764 | €298,755 | +€278,991 | +1411.6% |
| Tangible fixed assets | 22/27 | €19,668 | €298,755 | +€279,087 | +1419.0% |
| Land and buildings | 22 | - | €284,148 | +€284,148 | |
| Plant, machinery and equipment | 23 | €13,617 | €10,928 | -€2,689 | -19.7% |
| Furniture and vehicles | 24 | €1,674 | €39 | -€1,635 | -97.7% |
| Other tangible fixed assets | 26 | €4,377 | €3,640 | -€737 | -16.8% |
| Financial fixed assets | 28 | €96 | - | -€96 | |
| Current assets | 29/58 | €207,542 | €177,213 | -€30,328 | -14.6% |
| Amounts receivable within one year | 40/41 | €87,311 | €52,357 | -€34,954 | -40.0% |
| Trade receivables | 40 | €65,340 | €21,780 | -€43,560 | -66.7% |
| Other amounts receivable | 41 | €21,971 | €30,577 | +€8,606 | +39.2% |
| Cash at bank and in hand | 54/58 | €119,252 | €119,601 | +€348 | +0.3% |
| Deferred charges and accrued income | 490/1 | €979 | €5,255 | +€4,277 | +437.0% |
| Total equity and liabilities | 10/49 | €227,306 | €475,968 | +€248,662 | +109.4% |
| Equity | 10/15 | €202,356 | €154,153 | -€48,203 | -23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €196,156 | €147,953 | -€48,203 | -24.6% |
| Distributable reserves | 133 | €196,156 | €147,953 | -€48,203 | -24.6% |
| Amounts payable | 17/49 | €24,950 | €321,815 | +€296,865 | +1189.9% |
| Amounts payable after more than one year | 17 | - | €213,814 | +€213,814 | |
| Financial debts | 170/4 | - | €213,814 | +€213,814 | |
| Amounts payable within one year | 42/48 | €24,950 | €108,001 | +€83,052 | +332.9% |
| Current portion of amounts payable after more than one year | 42 | - | €24,343 | +€24,343 | |
| Trade debts | 44 | €3,093 | €1,603 | -€1,490 | -48.2% |
| Suppliers | 440/4 | €3,093 | €1,603 | -€1,490 | -48.2% |
| Taxes, remuneration and social security | 45 | €20,464 | €27,746 | +€7,282 | +35.6% |
| Taxes | 450/3 | €16,819 | €17,314 | +€495 | +2.9% |
| Remuneration and social security | 454/9 | €3,645 | €10,433 | +€6,787 | +186.2% |
| Other amounts payable | 47/48 | €1,393 | €54,309 | +€52,916 | +3799.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,414 | €41,542 | +€37,128 | +841.1% |
| Other operating charges | 640/8 | €726 | €1,921 | +€1,196 | +164.8% |
| Gross operating margin | 9900 | €40,774 | €61,724 | +€20,950 | +51.4% |
| Operating profit (loss) | 9901 | €35,634 | €18,260 | -€17,374 | -48.8% |
| Financial charges | 65/66B | €148 | €5,176 | +€5,028 | +3404.0% |
| Recurring financial charges | 65 | €148 | €5,176 | +€5,028 | +3404.0% |
| Profit (loss) for the period before taxes | 9903 | €35,486 | €13,084 | -€22,403 | -63.1% |
| Income taxes | 67/77 | €10,464 | €4,423 | -€6,041 | -57.7% |
| Profit (loss) for the period | 9904 | €25,022 | €8,661 | -€16,361 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,022 | €8,661 | -€16,361 | -65.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.