Dr CHARETTE Nicolas: 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.
Dr CHARETTE Nicolas
Largest movements
- Cash -€108,896
down €108,896 (-86.5%), from €125,928 to €17,033
mainly Contributions, distributions and other (-€263,445) and Receivables within one year (-€92,290)
- Receivables within one year +€92,290
up €92,290 (+4073.2%), from €2,266 to €94,556
- Tangible fixed assets -€6,419
down €6,419 (-67.2%), from €9,554 to €3,134
- Other debts -€19,555
down €19,555 (-6.9%), from €283,000 to €263,445
- Tax, wage and social debts -€3,267
no longer reported in 2025 (was €3,267)
of which Remuneration and social security: -€2,471
- Gross operating margin -€29,341
down €29,341 (-7.7%), from €381,982 to €352,641
- Taxes -€7,281
down €7,281 (-8.0%), from €91,294 to €84,013
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 | €316,301 | €290,740 | -€25,562 | -8.1% |
| Fixed assets | 21/28 | €9,554 | €3,134 | -€6,419 | -67.2% |
| Tangible fixed assets | 22/27 | €9,554 | €3,134 | -€6,419 | -67.2% |
| Furniture and vehicles | 24 | €9,554 | €3,134 | -€6,419 | -67.2% |
| Current assets | 29/58 | €306,748 | €287,605 | -€19,142 | -6.2% |
| Amounts receivable within one year | 40/41 | €2,266 | €94,556 | +€92,290 | +4073.2% |
| Other amounts receivable | 41 | €2,266 | €94,556 | +€92,290 | +4073.2% |
| Cash at bank and in hand | 54/58 | €125,928 | €17,033 | -€108,896 | -86.5% |
| Deferred charges and accrued income | 490/1 | €178,554 | €176,017 | -€2,537 | -1.4% |
| Total equity and liabilities | 10/49 | €316,301 | €290,740 | -€25,562 | -8.1% |
| Equity | 10/15 | €21,397 | €20,460 | -€937 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €937 | - | -€937 | |
| Amounts payable | 17/49 | €294,904 | €270,280 | -€24,624 | -8.3% |
| Amounts payable within one year | 42/48 | €294,822 | €270,268 | -€24,554 | -8.3% |
| Trade debts | 44 | €8,555 | €6,823 | -€1,732 | -20.2% |
| Suppliers | 440/4 | €8,555 | €6,823 | -€1,732 | -20.2% |
| Taxes, remuneration and social security | 45 | €3,267 | - | -€3,267 | |
| Taxes | 450/3 | €796 | - | -€796 | |
| Remuneration and social security | 454/9 | €2,471 | - | -€2,471 | |
| Other amounts payable | 47/48 | €283,000 | €263,445 | -€19,555 | -6.9% |
| Accrued charges and deferred income | 492/3 | €82 | €12 | -€70 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,447 | €7,796 | +€350 | +4.7% |
| Other operating charges | 640/8 | €1,352 | €1,360 | +€8 | +0.6% |
| Gross operating margin | 9900 | €381,982 | €352,641 | -€29,341 | -7.7% |
| Operating profit (loss) | 9901 | €373,184 | €343,485 | -€29,699 | -8.0% |
| Financial income | 75/76B | €1,876 | €3,084 | +€1,209 | +64.4% |
| Recurring financial income | 75 | €1,876 | €3,084 | +€1,209 | +64.4% |
| Financial charges | 65/66B | €121 | €49 | -€72 | -59.4% |
| Recurring financial charges | 65 | €121 | €49 | -€72 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €374,939 | €346,520 | -€28,418 | -7.6% |
| Income taxes | 67/77 | €91,294 | €84,013 | -€7,281 | -8.0% |
| Profit (loss) for the period | 9904 | €283,645 | €262,508 | -€21,137 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €283,645 | €262,508 | -€21,137 | -7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.