CHARTEX: 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.
CHARTEX
Largest movements
- Tangible fixed assets -€95,886
down €95,886 (-14.7%), from €653,041 to €557,155
of which Other tangible fixed assets: -€88,212
- Stocks and contracts +€47,722
up €47,722 (+5.4%), from €877,899 to €925,620
- Cash -€25,670
down €25,670 (-46.0%), from €55,807 to €30,137
mainly Debts after one year (-€124,862) and Stocks and contracts (-€47,722)
- Debts after one year -€124,862
down €124,862 (-71.8%), from €173,864 to €49,001
of which Financial debts: -€64,862
- Other debts +€70,779
up €70,779 (+7.0%), from €1.0m to €1.1m
- Trade debts -€27,021
down €27,021 (-8.1%), from €333,133 to €306,112
- Tax, wage and social debts -€19,877
down €19,877 (-20.2%), from €98,477 to €78,600
of which Taxes: -€21,268
- Staff costs -€42,897
down €42,897 (-11.9%), from €359,643 to €316,747
- Gross operating margin +€25,529
up €25,529 (+5.5%), from €466,517 to €492,046
- Other operating charges +€11,125
up €11,125 (+133.7%), from €8,318 to €19,443
- Financial charges -€8,117
down €8,117 (-14.9%), from €54,320 to €46,203
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 | €1,691,818 | €1,594,435 | -€97,382 | -5.8% |
| Fixed assets | 21/28 | €709,911 | €609,275 | -€100,636 | -14.2% |
| Intangible fixed assets | 21 | €36,282 | €31,532 | -€4,750 | -13.1% |
| Tangible fixed assets | 22/27 | €653,041 | €557,155 | -€95,886 | -14.7% |
| Plant, machinery and equipment | 23 | €1,675 | €1,117 | -€558 | -33.3% |
| Furniture and vehicles | 24 | €11,265 | €4,149 | -€7,116 | -63.2% |
| Other tangible fixed assets | 26 | €640,101 | €551,889 | -€88,212 | -13.8% |
| Financial fixed assets | 28 | €20,588 | €20,588 | = | 0.0% |
| Current assets | 29/58 | €981,906 | €985,160 | +€3,254 | +0.3% |
| Stocks and contracts in progress | 3 | €877,899 | €925,620 | +€47,722 | +5.4% |
| Stocks | 30/36 | €877,899 | €925,620 | +€47,722 | +5.4% |
| Amounts receivable within one year | 40/41 | €32,037 | €17,727 | -€14,310 | -44.7% |
| Trade receivables | 40 | €22,716 | €14,906 | -€7,810 | -34.4% |
| Other amounts receivable | 41 | €9,320 | €2,821 | -€6,500 | -69.7% |
| Cash at bank and in hand | 54/58 | €55,807 | €30,137 | -€25,670 | -46.0% |
| Deferred charges and accrued income | 490/1 | €16,164 | €11,676 | -€4,488 | -27.8% |
| Total equity and liabilities | 10/49 | €1,691,818 | €1,594,435 | -€97,382 | -5.8% |
| Equity | 10/15 | -€320,354 | -€311,593 | +€8,762 | +2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€388,554 | -€379,793 | +€8,762 | +2.3% |
| Amounts payable | 17/49 | €2,012,172 | €1,906,028 | -€106,144 | -5.3% |
| Amounts payable after more than one year | 17 | €173,864 | €49,001 | -€124,862 | -71.8% |
| Financial debts | 170/4 | €113,864 | €49,001 | -€64,862 | -57.0% |
| Other amounts payable | 178/9 | €60,000 | €0 | -€60,000 | -100.0% |
| Amounts payable within one year | 42/48 | €1,812,894 | €1,837,833 | +€24,939 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €74,149 | €75,207 | +€1,058 | +1.4% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €333,133 | €306,112 | -€27,021 | -8.1% |
| Suppliers | 440/4 | €333,133 | €306,112 | -€27,021 | -8.1% |
| Taxes, remuneration and social security | 45 | €98,477 | €78,600 | -€19,877 | -20.2% |
| Taxes | 450/3 | €55,339 | €34,071 | -€21,268 | -38.4% |
| Remuneration and social security | 454/9 | €43,138 | €44,529 | +€1,391 | +3.2% |
| Other amounts payable | 47/48 | €1,007,134 | €1,077,913 | +€70,779 | +7.0% |
| Accrued charges and deferred income | 492/3 | €25,415 | €19,193 | -€6,221 | -24.5% |
| Non-recurring operating income | 76A | - | €11,397 | +€11,397 | |
| Remuneration, social security and pensions | 62 | €359,643 | €316,747 | -€42,897 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,327 | €100,636 | +€309 | +0.3% |
| Other operating charges | 640/8 | €8,318 | €19,443 | +€11,125 | +133.7% |
| Gross operating margin | 9900 | €466,517 | €492,046 | +€25,529 | +5.5% |
| Operating profit (loss) | 9901 | -€1,772 | €55,220 | +€56,992 | |
| Financial income | 75/76B | €151 | €2 | -€149 | -98.9% |
| Recurring financial income | 75 | €151 | €2 | -€149 | -98.9% |
| Financial charges | 65/66B | €54,320 | €46,203 | -€8,117 | -14.9% |
| Recurring financial charges | 65 | €54,320 | €46,203 | -€8,117 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€55,941 | €9,019 | +€64,959 | |
| Income taxes | 67/77 | €579 | €257 | -€322 | -55.6% |
| Profit (loss) for the period | 9904 | -€56,520 | €8,762 | +€65,281 | |
| Profit (loss) for the period to be appropriated | 9905 | -€56,520 | €8,762 | +€65,281 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.