CHARRO: 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.
CHARRO
Largest movements
- Cash -€77,265
down €77,265 (-29.8%), from €259,297 to €182,033
mainly Other debts (-€130,040) and Trade debts (-€43,609)
- Receivables within one year -€70,603
down €70,603 (-92.8%), from €76,041 to €5,438
of which Other amounts receivable: -€66,949
- Intangible fixed assets -€16,066
down €16,066 (-28.6%), from €56,165 to €40,099
- Other debts -€130,040
down €130,040 (-100.0%), from €130,050 to €10
- Trade debts -€43,609
down €43,609 (-86.0%), from €50,717 to €7,108
- Reserves +€14,677
up €14,677 (+7.5%), from €195,763 to €210,440
- Tax, wage and social debts -€5,695
down €5,695 (-20.4%), from €27,901 to €22,207
of which Taxes: -€5,748
- Gross operating margin -€208,150
down €208,150 (-73.2%), from €284,508 to €76,358
- Taxes -€20,611
down €20,611 (-84.1%), from €24,497 to €3,887
- Financial charges -€4,127
down €4,127 (-36.1%), from €11,433 to €7,305
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 | €406,651 | €240,990 | -€165,661 | -40.7% |
| Fixed assets | 21/28 | €57,407 | €40,443 | -€16,964 | -29.5% |
| Intangible fixed assets | 21 | €56,165 | €40,099 | -€16,066 | -28.6% |
| Tangible fixed assets | 22/27 | €1,092 | €194 | -€898 | -82.2% |
| Plant, machinery and equipment | 23 | €1,092 | €194 | -€898 | -82.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €349,244 | €200,547 | -€148,697 | -42.6% |
| Stocks and contracts in progress | 3 | €9,191 | €7,658 | -€1,533 | -16.7% |
| Stocks | 30/36 | €9,191 | €7,658 | -€1,533 | -16.7% |
| Amounts receivable within one year | 40/41 | €76,041 | €5,438 | -€70,603 | -92.8% |
| Trade receivables | 40 | €4,866 | €1,212 | -€3,654 | -75.1% |
| Other amounts receivable | 41 | €71,175 | €4,226 | -€66,949 | -94.1% |
| Cash at bank and in hand | 54/58 | €259,297 | €182,033 | -€77,265 | -29.8% |
| Deferred charges and accrued income | 490/1 | €4,715 | €5,418 | +€703 | +14.9% |
| Total equity and liabilities | 10/49 | €406,651 | €240,990 | -€165,661 | -40.7% |
| Equity | 10/15 | €196,763 | €211,440 | +€14,677 | +7.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €195,763 | €210,440 | +€14,677 | +7.5% |
| Distributable reserves | 133 | €195,763 | €210,440 | +€14,677 | +7.5% |
| Amounts payable | 17/49 | €209,888 | €29,550 | -€180,338 | -85.9% |
| Amounts payable within one year | 42/48 | €209,888 | €29,550 | -€180,338 | -85.9% |
| Financial debts | 43 | €1,220 | €225 | -€994 | -81.5% |
| Credit institutions | 430/8 | €1,220 | €225 | -€994 | -81.5% |
| Trade debts | 44 | €50,717 | €7,108 | -€43,609 | -86.0% |
| Suppliers | 440/4 | €50,717 | €7,108 | -€43,609 | -86.0% |
| Taxes, remuneration and social security | 45 | €27,901 | €22,207 | -€5,695 | -20.4% |
| Taxes | 450/3 | €23,122 | €17,374 | -€5,748 | -24.9% |
| Remuneration and social security | 454/9 | €4,779 | €4,832 | +€53 | +1.1% |
| Other amounts payable | 47/48 | €130,050 | €10 | -€130,040 | -100.0% |
| Remuneration, social security and pensions | 62 | €34,304 | €34,656 | +€352 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,974 | €16,964 | -€10 | -0.1% |
| Other operating charges | 640/8 | €580 | €683 | +€103 | +17.7% |
| Gross operating margin | 9900 | €284,508 | €76,358 | -€208,150 | -73.2% |
| Operating profit (loss) | 9901 | €232,650 | €24,055 | -€208,595 | -89.7% |
| Financial income | 75/76B | €1,590 | €1,814 | +€224 | +14.1% |
| Recurring financial income | 75 | €1,590 | €1,814 | +€224 | +14.1% |
| Financial charges | 65/66B | €11,433 | €7,305 | -€4,127 | -36.1% |
| Recurring financial charges | 65 | €11,433 | €7,305 | -€4,127 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €222,806 | €18,563 | -€204,243 | -91.7% |
| Income taxes | 67/77 | €24,497 | €3,887 | -€20,611 | -84.1% |
| Profit (loss) for the period | 9904 | €198,309 | €14,677 | -€183,633 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €198,309 | €14,677 | -€183,633 | -92.6% |
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 9 October 2026 via checked.be.