CHARVI: 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.
CHARVI
Largest movements
- Receivables within one year +€28,702
up €28,702 (+234.2%), from €12,255 to €40,957
of which Trade receivables: +€28,177
- Tangible fixed assets +€9,011
up €9,011 (+68.2%), from €13,221 to €22,232
of which Furniture and vehicles: +€6,075
- Cash +€3,908
up €3,908 (+17.3%), from €22,542 to €26,450
mainly Trade debts (+€33,797) and Net result for the year (+€9,602)
- Deferred charges and accrued income -€3,676
down €3,676 (-28.8%), from €12,773 to €9,098
- Stocks and contracts -€1,125
down €1,125 (-12.1%), from €9,326 to €8,200
- Trade debts +€33,797
up €33,797 (+288.8%), from €11,701 to €45,498
- Reserves +€9,602
up €9,602 (+34.2%), from €28,092 to €37,694
- Tax, wage and social debts -€6,140
down €6,140 (-62.3%), from €9,861 to €3,721
of which Remuneration and social security: -€5,538
- Gross operating margin -€99,929
down €99,929 (-64.4%), from €155,170 to €55,241
- Staff costs -€78,558
down €78,558 (-68.3%), from €114,955 to €36,397
- Taxes -€4,293
down €4,293 (-55.8%), from €7,690 to €3,397
- Depreciation +€1,826
up €1,826 (+110.4%), from €1,654 to €3,481
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 | €70,117 | €106,937 | +€36,821 | +52.5% |
| Fixed assets | 21/28 | €13,221 | €22,232 | +€9,011 | +68.2% |
| Tangible fixed assets | 22/27 | €13,221 | €22,232 | +€9,011 | +68.2% |
| Plant, machinery and equipment | 23 | €6,747 | €9,683 | +€2,936 | +43.5% |
| Furniture and vehicles | 24 | €6,474 | €12,549 | +€6,075 | +93.8% |
| Current assets | 29/58 | €56,896 | €84,705 | +€27,809 | +48.9% |
| Stocks and contracts in progress | 3 | €9,326 | €8,200 | -€1,125 | -12.1% |
| Stocks | 30/36 | €9,326 | €8,200 | -€1,125 | -12.1% |
| Amounts receivable within one year | 40/41 | €12,255 | €40,957 | +€28,702 | +234.2% |
| Trade receivables | 40 | €5,447 | €33,624 | +€28,177 | +517.3% |
| Other amounts receivable | 41 | €6,809 | €7,334 | +€525 | +7.7% |
| Cash at bank and in hand | 54/58 | €22,542 | €26,450 | +€3,908 | +17.3% |
| Deferred charges and accrued income | 490/1 | €12,773 | €9,098 | -€3,676 | -28.8% |
| Total equity and liabilities | 10/49 | €70,117 | €106,937 | +€36,821 | +52.5% |
| Equity | 10/15 | €29,092 | €38,694 | +€9,602 | +33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €28,092 | €37,694 | +€9,602 | +34.2% |
| Distributable reserves | 133 | €28,092 | €37,694 | +€9,602 | +34.2% |
| Amounts payable | 17/49 | €41,025 | €68,243 | +€27,218 | +66.3% |
| Amounts payable within one year | 42/48 | €40,584 | €68,243 | +€27,659 | +68.2% |
| Trade debts | 44 | €11,701 | €45,498 | +€33,797 | +288.8% |
| Suppliers | 440/4 | €11,701 | €45,498 | +€33,797 | +288.8% |
| Taxes, remuneration and social security | 45 | €9,861 | €3,721 | -€6,140 | -62.3% |
| Taxes | 450/3 | €3,470 | €2,868 | -€602 | -17.4% |
| Remuneration and social security | 454/9 | €6,391 | €853 | -€5,538 | -86.7% |
| Other amounts payable | 47/48 | €19,023 | €19,025 | +€2 | 0.0% |
| Accrued charges and deferred income | 492/3 | €441 | €0 | -€441 | -100.0% |
| Remuneration, social security and pensions | 62 | €114,955 | €36,397 | -€78,558 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,654 | €3,481 | +€1,826 | +110.4% |
| Other operating charges | 640/8 | €1,668 | €1,375 | -€293 | -17.6% |
| Gross operating margin | 9900 | €155,170 | €55,241 | -€99,929 | -64.4% |
| Operating profit (loss) | 9901 | €36,893 | €13,988 | -€22,904 | -62.1% |
| Financial income | 75/76B | €2 | €2 | -€1 | -29.7% |
| Recurring financial income | 75 | €2 | €2 | -€1 | -29.7% |
| Financial charges | 65/66B | €1,113 | €990 | -€123 | -11.0% |
| Recurring financial charges | 65 | €1,113 | €990 | -€123 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €35,782 | €13,000 | -€22,782 | -63.7% |
| Income taxes | 67/77 | €7,690 | €3,397 | -€4,293 | -55.8% |
| Profit (loss) for the period | 9904 | €28,092 | €9,602 | -€18,489 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,092 | €9,602 | -€18,489 | -65.8% |
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 10 October 2026 via checked.be.