Charterra: 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.
Charterra
Largest movements
- Current investments -€100,001
down €100,001 (-99.1%), from €100,895 to €895
- Cash +€68,884
up €68,884 (+45.0%), from €153,005 to €221,890
mainly Trade debts (+€117,846) and Net result for the year (+€100,167)
- Receivables within one year +€13,070
up €13,070 (+6.2%), from €212,257 to €225,327
of which Trade receivables: +€23,046
- Tangible fixed assets -€5,948
down €5,948 (-38.9%), from €15,301 to €9,352
of which Furniture and vehicles: -€4,625
- Other debts -€155,791
down €155,791 (-59.9%), from €260,142 to €104,351
- Trade debts +€117,846
up €117,846 (+124.3%), from €94,811 to €212,657
- Tax, wage and social debts +€9,618
up €9,618 (+31.4%), from €30,639 to €40,257
of which Taxes: +€8,958
- Financial income -€151,578
down €151,578 (-70.8%), from €213,958 to €62,380
- Taxes -€39,752
down €39,752 (-79.8%), from €49,792 to €10,040
- Gross operating margin -€26,856
down €26,856 (-5.7%), from €467,251 to €440,396
- Staff costs +€15,218
up €15,218 (+6.6%), from €228,925 to €244,144
- Financial charges +€4,866
up €4,866 (+3.6%), from €134,754 to €139,620
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 | €495,592 | €467,431 | -€28,161 | -5.7% |
| Fixed assets | 21/28 | €15,476 | €9,527 | -€5,948 | -38.4% |
| Tangible fixed assets | 22/27 | €15,301 | €9,352 | -€5,948 | -38.9% |
| Land and buildings | 22 | €4,771 | €3,448 | -€1,323 | -27.7% |
| Furniture and vehicles | 24 | €10,529 | €5,904 | -€4,625 | -43.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €480,116 | €457,903 | -€22,213 | -4.6% |
| Amounts receivable within one year | 40/41 | €212,257 | €225,327 | +€13,070 | +6.2% |
| Trade receivables | 40 | €186,317 | €209,363 | +€23,046 | +12.4% |
| Other amounts receivable | 41 | €25,939 | €15,964 | -€9,976 | -38.5% |
| Current investments | 50/53 | €100,895 | €895 | -€100,001 | -99.1% |
| Cash at bank and in hand | 54/58 | €153,005 | €221,890 | +€68,884 | +45.0% |
| Deferred charges and accrued income | 490/1 | €13,959 | €9,792 | -€4,167 | -29.8% |
| Total equity and liabilities | 10/49 | €495,592 | €467,431 | -€28,161 | -5.7% |
| Equity | 10/15 | €110,000 | €110,167 | +€167 | +0.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,167 | +€167 | +1.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | - | €167 | +€167 | |
| Amounts payable | 17/49 | €385,592 | €357,264 | -€28,328 | -7.3% |
| Amounts payable within one year | 42/48 | €385,592 | €357,264 | -€28,328 | -7.3% |
| Trade debts | 44 | €94,811 | €212,657 | +€117,846 | +124.3% |
| Suppliers | 440/4 | €94,811 | €212,657 | +€117,846 | +124.3% |
| Taxes, remuneration and social security | 45 | €30,639 | €40,257 | +€9,618 | +31.4% |
| Taxes | 450/3 | €1,082 | €10,040 | +€8,958 | +828.0% |
| Remuneration and social security | 454/9 | €29,557 | €30,216 | +€659 | +2.2% |
| Other amounts payable | 47/48 | €260,142 | €104,351 | -€155,791 | -59.9% |
| Remuneration, social security and pensions | 62 | €228,925 | €244,144 | +€15,218 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,036 | €7,004 | -€1,032 | -12.8% |
| Other operating charges | 640/8 | €4,583 | €1,801 | -€2,781 | -60.7% |
| Gross operating margin | 9900 | €467,251 | €440,396 | -€26,856 | -5.7% |
| Operating profit (loss) | 9901 | €225,707 | €187,447 | -€38,260 | -17.0% |
| Financial income | 75/76B | €213,958 | €62,380 | -€151,578 | -70.8% |
| Recurring financial income | 75 | €213,958 | €62,380 | -€151,578 | -70.8% |
| Financial charges | 65/66B | €134,754 | €139,620 | +€4,866 | +3.6% |
| Recurring financial charges | 65 | €134,754 | €139,620 | +€4,866 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €304,911 | €110,207 | -€194,704 | -63.9% |
| Income taxes | 67/77 | €49,792 | €10,040 | -€39,752 | -79.8% |
| Profit (loss) for the period | 9904 | €255,119 | €100,167 | -€154,952 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €255,119 | €100,167 | -€154,952 | -60.7% |
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.