Dr. Charlotte: 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.
Dr. Charlotte
Largest movements
- Receivables within one year -€7,756
down €7,756 (-52.3%), from €14,821 to €7,065
- Tangible fixed assets -€6,076
down €6,076 (-40.0%), from €15,193 to €9,117
of which Furniture and vehicles: -€13,167
- Deferred charges and accrued income -€2,231
down €2,231 (-45.9%), from €4,862 to €2,631
- Cash +€582
up €582 (+5.8%), from €10,105 to €10,687
mainly Depreciation (+€14,086) and Receivables within one year (+€7,756)
- Current portion of long-term debt -€8,240
down €8,240 (-66.4%), from €12,400 to €4,160
- Profit (loss) carried forward +€5,151
up €5,151 (+9.9%), from -€52,107 to -€46,955
- Provisions -€5,047
down €5,047 (-8.6%), from €58,800 to €53,753
- Debts after one year -€4,160
no longer reported in 2025 (was €4,160)
- Tax, wage and social debts -€2,102
down €2,102 (-13.6%), from €15,427 to €13,325
- Provisions -€63,847
down €63,847, from €58,800 to -€5,047
- Gross operating margin +€28,619
up €28,619 (+211%), from €13,592 to €42,211
- Financial charges +€22,164
up €22,164 (+3,099%), from €715 to €22,879
- Taxes +€1,835
up €1,835 (+106%), from €1,733 to €3,567
- Financial income +€944
up €944 (+165%), from €573 to €1,517
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 | €44,981 | €29,500 | -€15,481 | -34.4% |
| Fixed assets | 21/28 | €15,193 | €9,117 | -€6,076 | -40.0% |
| Tangible fixed assets | 22/27 | €15,193 | €9,117 | -€6,076 | -40.0% |
| Plant, machinery and equipment | 23 | €1,629 | €960 | -€669 | -41.1% |
| Furniture and vehicles | 24 | €13,563 | €397 | -€13,167 | -97.1% |
| Other tangible fixed assets | 26 | - | €7,760 | +€7,760 | |
| Current assets | 29/58 | €29,788 | €20,383 | -€9,405 | -31.6% |
| Amounts receivable within one year | 40/41 | €14,821 | €7,065 | -€7,756 | -52.3% |
| Other amounts receivable | 41 | €14,821 | €7,065 | -€7,756 | -52.3% |
| Cash at bank and in hand | 54/58 | €10,105 | €10,687 | +€582 | +5.8% |
| Deferred charges and accrued income | 490/1 | €4,862 | €2,631 | -€2,231 | -45.9% |
| Total equity and liabilities | 10/49 | €44,981 | €29,500 | -€15,481 | -34.4% |
| Equity | 10/15 | -€49,107 | -€43,955 | +€5,151 | +10.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,107 | -€46,955 | +€5,151 | +9.9% |
| Provisions and deferred taxes | 16 | €58,800 | €53,753 | -€5,047 | -8.6% |
| Provisions for liabilities and charges | 160/5 | €58,800 | €53,753 | -€5,047 | -8.6% |
| Other liabilities and charges | 164/5 | €58,800 | €53,753 | -€5,047 | -8.6% |
| Amounts payable | 17/49 | €35,287 | €19,702 | -€15,585 | -44.2% |
| Amounts payable after more than one year | 17 | €4,160 | - | -€4,160 | |
| Financial debts | 170/4 | €4,160 | - | -€4,160 | |
| Amounts payable within one year | 42/48 | €31,127 | €19,142 | -€11,985 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €12,400 | €4,160 | -€8,240 | -66.4% |
| Trade debts | 44 | €3,300 | €1,657 | -€1,643 | -49.8% |
| Suppliers | 440/4 | €3,300 | €1,657 | -€1,643 | -49.8% |
| Taxes, remuneration and social security | 45 | €15,427 | €13,325 | -€2,102 | -13.6% |
| Taxes | 450/3 | €15,427 | €13,325 | -€2,102 | -13.6% |
| Accrued charges and deferred income | 492/3 | - | €560 | +€560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,545 | €14,086 | +€541 | +4.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €58,800 | -€5,047 | -€63,847 | |
| Other operating charges | 640/8 | €2,189 | €3,091 | +€902 | +41.2% |
| Gross operating margin | 9900 | €13,592 | €42,211 | +€28,619 | +211% |
| Operating profit (loss) | 9901 | -€60,943 | €30,080 | +€91,023 | |
| Financial income | 75/76B | €573 | €1,517 | +€944 | +165% |
| Recurring financial income | 75 | €573 | €1,517 | +€944 | +165% |
| Financial charges | 65/66B | €715 | €22,879 | +€22,164 | +3,099% |
| Recurring financial charges | 65 | €715 | €22,879 | +€22,164 | +3,099% |
| Profit (loss) for the period before taxes | 9903 | -€61,085 | €8,719 | +€69,804 | |
| Income taxes | 67/77 | €1,733 | €3,567 | +€1,835 | +106% |
| Profit (loss) for the period | 9904 | -€62,817 | €5,151 | +€67,969 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,817 | €5,151 | +€67,969 |
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 1 November 2026 via checked.be.