Ets Charles-Quint: 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.
Ets Charles-Quint
Largest movements
- Receivables within one year +€72,500
up €72,500 (+125%), from €58,023 to €130,523
- Cash -€34,772
down €34,772 (-62.5%), from €55,656 to €20,884
mainly Receivables within one year (-€72,500)
- Trade debts +€18,489
up €18,489 (+32.7%), from €56,484 to €74,972
- Profit (loss) carried forward +€17,835
up €17,835 (+32.1%), from €55,642 to €73,477
- Purchases and services -€6,102
down €6,102 (-16.8%), from €36,223 to €30,121
- Gross operating margin +€5,562
up €5,562 (+24.1%), from €23,117 to €28,679
- Taxes +€1,408
up €1,408 (+28.2%), from €4,993 to €6,401
- Other operating charges -€338
down €338 (-7.3%), from €4,641 to €4,303
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 | €219,743 | €257,472 | +€37,728 | +17.2% |
| Fixed assets | 21/28 | €106,064 | €106,064 | = | 0.0% |
| Tangible fixed assets | 22/27 | €106,064 | €106,064 | = | 0.0% |
| Land and buildings | 22 | €106,064 | €106,064 | = | 0.0% |
| Current assets | 29/58 | €113,679 | €151,407 | +€37,728 | +33.2% |
| Amounts receivable within one year | 40/41 | €58,023 | €130,523 | +€72,500 | +125% |
| Other amounts receivable | 41 | €58,023 | €130,523 | +€72,500 | +125% |
| Cash at bank and in hand | 54/58 | €55,656 | €20,884 | -€34,772 | -62.5% |
| Total equity and liabilities | 10/49 | €219,743 | €257,472 | +€37,728 | +17.2% |
| Equity | 10/15 | €138,197 | €156,031 | +€17,835 | +12.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,554 | €7,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €54 | €54 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,642 | €73,477 | +€17,835 | +32.1% |
| Amounts payable | 17/49 | €81,547 | €101,440 | +€19,894 | +24.4% |
| Amounts payable within one year | 42/48 | €81,547 | €101,440 | +€19,894 | +24.4% |
| Trade debts | 44 | €56,484 | €74,972 | +€18,489 | +32.7% |
| Suppliers | 440/4 | €56,484 | €74,972 | +€18,489 | +32.7% |
| Taxes, remuneration and social security | 45 | €5,063 | €6,468 | +€1,405 | +27.8% |
| Taxes | 450/3 | €5,063 | €6,468 | +€1,405 | +27.8% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,223 | €30,121 | -€6,102 | -16.8% |
| Other operating charges | 640/8 | €4,641 | €4,303 | -€338 | -7.3% |
| Gross operating margin | 9900 | €23,117 | €28,679 | +€5,562 | +24.1% |
| Operating profit (loss) | 9901 | €18,476 | €24,376 | +€5,900 | +31.9% |
| Financial charges | 65/66B | €142 | €140 | -€2 | -1.4% |
| Recurring financial charges | 65 | €142 | €140 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €18,334 | €24,236 | +€5,902 | +32.2% |
| Income taxes | 67/77 | €4,993 | €6,401 | +€1,408 | +28.2% |
| Profit (loss) for the period | 9904 | €13,341 | €17,835 | +€4,494 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,341 | €17,835 | +€4,494 | +33.7% |
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 28 October 2026 via checked.be.