CHARTER: 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.
CHARTER
Largest movements
- Receivables within one year +€35,062
up €35,062 (+20.8%), from €168,657 to €203,719
of which Other amounts receivable: +€26,613
- Tangible fixed assets -€7,858
down €7,858 (-29.1%), from €26,977 to €19,119
of which Other tangible fixed assets: -€6,365
- Intangible fixed assets -€4,882
down €4,882 (-58.5%), from €8,342 to €3,460
- Reserves +€25,000
up €25,000 (+33.7%), from €74,085 to €99,085
of which Distributable reserves: +€25,000
- Gross operating margin -€48,173
down €48,173 (-17.7%), from €271,980 to €223,807
- Staff costs -€16,271
down €16,271 (-9.1%), from €177,992 to €161,721
- Taxes +€9,500
up €9,500 (+633.3%), from €1,500 to €11,000
- Financial charges +€8,780
up €8,780 (+302.0%), from €2,907 to €11,687
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,252 | €268,814 | +€23,562 | +9.6% |
| Fixed assets | 21/28 | €37,483 | €24,744 | -€12,740 | -34.0% |
| Intangible fixed assets | 21 | €8,342 | €3,460 | -€4,882 | -58.5% |
| Tangible fixed assets | 22/27 | €26,977 | €19,119 | -€7,858 | -29.1% |
| Plant, machinery and equipment | 23 | €4,657 | €3,825 | -€832 | -17.9% |
| Furniture and vehicles | 24 | €1,632 | €971 | -€661 | -40.5% |
| Other tangible fixed assets | 26 | €20,688 | €14,323 | -€6,365 | -30.8% |
| Financial fixed assets | 28 | €2,165 | €2,165 | = | 0.0% |
| Current assets | 29/58 | €207,768 | €244,070 | +€36,302 | +17.5% |
| Stocks and contracts in progress | 3 | €3,044 | €3,044 | = | 0.0% |
| Stocks | 30/36 | €3,044 | €3,044 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168,657 | €203,719 | +€35,062 | +20.8% |
| Trade receivables | 40 | - | €8,449 | +€8,449 | |
| Other amounts receivable | 41 | €168,657 | €195,270 | +€26,613 | +15.8% |
| Cash at bank and in hand | 54/58 | €34,532 | €35,772 | +€1,240 | +3.6% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,536 | = | 0.0% |
| Total equity and liabilities | 10/49 | €245,252 | €268,814 | +€23,562 | +9.6% |
| Equity | 10/15 | €118,299 | €143,891 | +€25,592 | +21.6% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Outside capital | 11 | €36,000 | €36,000 | = | 0.0% |
| Other | 1109/19 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €74,085 | €99,085 | +€25,000 | +33.7% |
| Non-distributable reserves | 130/1 | €7,921 | €7,921 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,921 | €7,921 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,164 | €6,164 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €85,000 | +€25,000 | +41.7% |
| Profit (loss) carried forward | 14 | €8,214 | €8,806 | +€592 | +7.2% |
| Amounts payable | 17/49 | €126,952 | €124,923 | -€2,030 | -1.6% |
| Amounts payable within one year | 42/48 | €126,952 | €124,923 | -€2,030 | -1.6% |
| Financial debts | 43 | €24,517 | €23,785 | -€732 | -3.0% |
| Credit institutions | 430/8 | €24,517 | €23,785 | -€732 | -3.0% |
| Trade debts | 44 | €80,588 | €78,969 | -€1,619 | -2.0% |
| Suppliers | 440/4 | €80,588 | €78,969 | -€1,619 | -2.0% |
| Taxes, remuneration and social security | 45 | €20,846 | €22,168 | +€1,322 | +6.3% |
| Taxes | 450/3 | - | €12,500 | +€12,500 | |
| Remuneration and social security | 454/9 | €20,846 | €9,668 | -€11,178 | -53.6% |
| Other amounts payable | 47/48 | €1,001 | - | -€1,001 | |
| Remuneration, social security and pensions | 62 | €177,992 | €161,721 | -€16,271 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,740 | €12,740 | = | 0.0% |
| Other operating charges | 640/8 | €942 | €1,142 | +€201 | +21.3% |
| Gross operating margin | 9900 | €271,980 | €223,807 | -€48,173 | -17.7% |
| Operating profit (loss) | 9901 | €80,306 | €48,204 | -€32,102 | -40.0% |
| Financial income | 75/76B | €83 | €75 | -€7 | -9.0% |
| Recurring financial income | 75 | €83 | €75 | -€7 | -9.0% |
| Financial charges | 65/66B | €2,907 | €11,687 | +€8,780 | +302.0% |
| Recurring financial charges | 65 | €2,907 | €11,687 | +€8,780 | +302.0% |
| Profit (loss) for the period before taxes | 9903 | €77,481 | €36,592 | -€40,889 | -52.8% |
| Income taxes | 67/77 | €1,500 | €11,000 | +€9,500 | +633.3% |
| Profit (loss) for the period | 9904 | €75,981 | €25,592 | -€50,389 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,981 | €25,592 | -€50,389 | -66.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.