CHARTRAIN: 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.
CHARTRAIN
Largest movements
- Receivables within one year -€10,784
down €10,784 (-16.9%), from €63,978 to €53,195
of which Other amounts receivable: -€10,784
- Intangible fixed assets -€7,500
down €7,500 (-50.0%), from €15,000 to €7,500
- Cash -€6,771
down €6,771 (-17.8%), from €38,052 to €31,281
mainly Net result for the year (-€27,219) and Tax, wage and social debts (-€3,495)
- Stocks and contracts -€3,420
down €3,420 (-5.6%), from €60,763 to €57,343
- Profit (loss) carried forward -€27,219
down €27,219 (-20.7%), from €131,245 to €104,026
- Tax, wage and social debts -€3,495
down €3,495 (-39.0%), from €8,958 to €5,462
of which Remuneration and social security: -€3,665
- Staff costs +€10,742
up €10,742 (+20.8%), from €51,685 to €62,427
- Gross operating margin -€10,054
down €10,054 (-5.4%), from €187,029 to €176,975
- Other operating charges -€7,730
down €7,730 (-5.6%), from €138,827 to €131,097
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.
Derived cash bridge
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 | €180,731 | €150,870 | -€29,861 | -16.5% |
| Fixed assets | 21/28 | €17,938 | €9,051 | -€8,887 | -49.5% |
| Intangible fixed assets | 21 | €15,000 | €7,500 | -€7,500 | -50.0% |
| Tangible fixed assets | 22/27 | €2,642 | €1,551 | -€1,091 | -41.3% |
| Furniture and vehicles | 24 | €2,642 | €1,551 | -€1,091 | -41.3% |
| Financial fixed assets | 28 | €296 | - | -€296 | |
| Current assets | 29/58 | €162,793 | €141,819 | -€20,974 | -12.9% |
| Stocks and contracts in progress | 3 | €60,763 | €57,343 | -€3,420 | -5.6% |
| Stocks | 30/36 | €60,763 | €57,343 | -€3,420 | -5.6% |
| Amounts receivable within one year | 40/41 | €63,978 | €53,195 | -€10,784 | -16.9% |
| Trade receivables | 40 | €43,195 | €43,195 | = | 0.0% |
| Other amounts receivable | 41 | €20,784 | €10,000 | -€10,784 | -51.9% |
| Cash at bank and in hand | 54/58 | €38,052 | €31,281 | -€6,771 | -17.8% |
| Total equity and liabilities | 10/49 | €180,731 | €150,870 | -€29,861 | -16.5% |
| Equity | 10/15 | €143,645 | €116,426 | -€27,219 | -18.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,245 | €104,026 | -€27,219 | -20.7% |
| Amounts payable | 17/49 | €37,086 | €34,444 | -€2,642 | -7.1% |
| Amounts payable within one year | 42/48 | €37,086 | €34,444 | -€2,642 | -7.1% |
| Trade debts | 44 | €27,620 | €28,502 | +€882 | +3.2% |
| Suppliers | 440/4 | €27,620 | €28,502 | +€882 | +3.2% |
| Taxes, remuneration and social security | 45 | €8,958 | €5,462 | -€3,495 | -39.0% |
| Taxes | 450/3 | €1,923 | €2,093 | +€170 | +8.8% |
| Remuneration and social security | 454/9 | €7,035 | €3,370 | -€3,665 | -52.1% |
| Other amounts payable | 47/48 | €509 | €480 | -€29 | -5.7% |
| Remuneration, social security and pensions | 62 | €51,685 | €62,427 | +€10,742 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,132 | €8,591 | +€459 | +5.6% |
| Other operating charges | 640/8 | €138,827 | €131,097 | -€7,730 | -5.6% |
| Gross operating margin | 9900 | €187,029 | €176,975 | -€10,054 | -5.4% |
| Operating profit (loss) | 9901 | -€11,615 | -€25,140 | -€13,525 | -116% |
| Financial charges | 65/66B | €2,262 | €2,079 | -€183 | -8.1% |
| Recurring financial charges | 65 | €2,262 | €2,079 | -€183 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,877 | -€27,219 | -€13,342 | -96.1% |
| Profit (loss) for the period | 9904 | -€13,877 | -€27,219 | -€13,342 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,877 | -€27,219 | -€13,342 | -96.1% |
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 18 October 2026 via checked.be.