Charpon: 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.
Charpon
Largest movements
- Cash -€58,928
down €58,928 (-41.3%), from €142,661 to €83,734
mainly Other debts (-€88,179) and Contributions, distributions and other (-€26,000)
- Tangible fixed assets -€9,046
down €9,046 (-51.9%), from €17,427 to €8,380
of which Furniture and vehicles: -€8,204
- Receivables within one year -€4,982
down €4,982 (-44.8%), from €11,121 to €6,139
of which Other amounts receivable: -€3,150
- Other debts -€88,179
down €88,179 (-94.7%), from €93,142 to €4,964
- Reserves +€11,555
up €11,555 (+22.6%), from €51,090 to €62,646
of which Distributable reserves: +€11,555
- Tax, wage and social debts +€4,795
up €4,795 (+59.1%), from €8,119 to €12,914
- Gross operating margin -€2,120
down €2,120 (-3.4%), from €63,036 to €60,917
- Financial income -€1,211
no longer reported in 2025 (was €1,211)
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 | €172,395 | €99,524 | -€72,870 | -42.3% |
| Fixed assets | 21/28 | €17,427 | €8,380 | -€9,046 | -51.9% |
| Tangible fixed assets | 22/27 | €17,427 | €8,380 | -€9,046 | -51.9% |
| Plant, machinery and equipment | 23 | €842 | - | -€842 | |
| Furniture and vehicles | 24 | €16,585 | €8,380 | -€8,204 | -49.5% |
| Current assets | 29/58 | €154,968 | €91,144 | -€63,824 | -41.2% |
| Amounts receivable within one year | 40/41 | €11,121 | €6,139 | -€4,982 | -44.8% |
| Trade receivables | 40 | €1,833 | - | -€1,833 | |
| Other amounts receivable | 41 | €9,289 | €6,139 | -€3,150 | -33.9% |
| Cash at bank and in hand | 54/58 | €142,661 | €83,734 | -€58,928 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,185 | €1,271 | +€86 | +7.2% |
| Total equity and liabilities | 10/49 | €172,395 | €99,524 | -€72,870 | -42.3% |
| Equity | 10/15 | €69,690 | €81,246 | +€11,555 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,090 | €62,646 | +€11,555 | +22.6% |
| 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 | €49,230 | €60,786 | +€11,555 | +23.5% |
| Amounts payable | 17/49 | €102,705 | €18,279 | -€84,426 | -82.2% |
| Amounts payable within one year | 42/48 | €102,705 | €18,279 | -€84,426 | -82.2% |
| Trade debts | 44 | €1,443 | €401 | -€1,042 | -72.2% |
| Suppliers | 440/4 | €1,443 | €401 | -€1,042 | -72.2% |
| Taxes, remuneration and social security | 45 | €8,119 | €12,914 | +€4,795 | +59.1% |
| Taxes | 450/3 | €8,119 | €12,914 | +€4,795 | +59.1% |
| Other amounts payable | 47/48 | €93,142 | €4,964 | -€88,179 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,792 | €9,637 | -€155 | -1.6% |
| Other operating charges | 640/8 | €991 | €951 | -€39 | -4.0% |
| Non-recurring operating charges | 66A | - | €568 | +€568 | |
| Gross operating margin | 9900 | €63,036 | €60,917 | -€2,120 | -3.4% |
| Operating profit (loss) | 9901 | €52,254 | €49,760 | -€2,494 | -4.8% |
| Financial income | 75/76B | €1,211 | - | -€1,211 | |
| Recurring financial income | 75 | €1,211 | - | -€1,211 | |
| Financial charges | 65/66B | €277 | €186 | -€91 | -32.8% |
| Recurring financial charges | 65 | €277 | €186 | -€91 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €53,187 | €49,574 | -€3,614 | -6.8% |
| Income taxes | 67/77 | €12,206 | €12,018 | -€188 | -1.5% |
| Profit (loss) for the period | 9904 | €40,981 | €37,555 | -€3,426 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,981 | €37,555 | -€3,426 | -8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.