Explo Charmax: 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.
Explo Charmax
Largest movements
- Tangible fixed assets -€17,137
down €17,137 (-47.4%), from €36,149 to €19,013
of which Furniture and vehicles: -€17,104
- Receivables after one year -€16,253
down €16,253 (-11.2%), from €145,628 to €129,374
- Receivables within one year -€10,044
down €10,044 (-17.5%), from €57,264 to €47,220
of which Trade receivables: -€17,459
- Trade debts -€16,427
down €16,427 (-83.1%), from €19,758 to €3,332
- Profit (loss) carried forward -€14,003
down €14,003 (-21.1%), from -€66,448 to -€80,451
- Other debts -€12,300
no longer reported in 2025 (was €12,300)
- Gross operating margin +€11,609
up €11,609, from -€11,560 to €49
- Other operating charges -€723
down €723 (-63.4%), from €1,141 to €418
- Financial income -€639
down €639 (-15.4%), from €4,141 to €3,502
- Depreciation -€591
down €591 (-3.3%), from €17,728 to €17,137
- Financial charges -€467
no longer reported in 2025 (was €467)
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 | €239,503 | €196,069 | -€43,434 | -18.1% |
| Fixed assets | 21/28 | €36,149 | €19,013 | -€17,137 | -47.4% |
| Tangible fixed assets | 22/27 | €36,149 | €19,013 | -€17,137 | -47.4% |
| Plant, machinery and equipment | 23 | €33 | - | -€33 | |
| Furniture and vehicles | 24 | €36,117 | €19,013 | -€17,104 | -47.4% |
| Current assets | 29/58 | €203,354 | €177,056 | -€26,297 | -12.9% |
| Amounts receivable after more than one year | 29 | €145,628 | €129,374 | -€16,253 | -11.2% |
| Other amounts receivable | 291 | €145,628 | €129,374 | -€16,253 | -11.2% |
| Amounts receivable within one year | 40/41 | €57,264 | €47,220 | -€10,044 | -17.5% |
| Trade receivables | 40 | €17,459 | - | -€17,459 | |
| Other amounts receivable | 41 | €39,805 | €47,220 | +€7,415 | +18.6% |
| Cash at bank and in hand | 54/58 | €462 | €462 | = | 0.0% |
| Total equity and liabilities | 10/49 | €239,503 | €196,069 | -€43,434 | -18.1% |
| Equity | 10/15 | €206,676 | €192,673 | -€14,003 | -6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,524 | €254,524 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €252,664 | €252,664 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,448 | -€80,451 | -€14,003 | -21.1% |
| Amounts payable | 17/49 | €32,827 | €3,396 | -€29,431 | -89.7% |
| Amounts payable within one year | 42/48 | €32,827 | €3,396 | -€29,431 | -89.7% |
| Trade debts | 44 | €19,758 | €3,332 | -€16,427 | -83.1% |
| Suppliers | 440/4 | €19,758 | €3,332 | -€16,427 | -83.1% |
| Taxes, remuneration and social security | 45 | €768 | €64 | -€704 | -91.7% |
| Taxes | 450/3 | €768 | €64 | -€704 | -91.7% |
| Other amounts payable | 47/48 | €12,300 | - | -€12,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,728 | €17,137 | -€591 | -3.3% |
| Other operating charges | 640/8 | €1,141 | €418 | -€723 | -63.4% |
| Gross operating margin | 9900 | -€11,560 | €49 | +€11,609 | |
| Operating profit (loss) | 9901 | -€30,429 | -€17,505 | +€12,924 | +42.5% |
| Financial income | 75/76B | €4,141 | €3,502 | -€639 | -15.4% |
| Recurring financial income | 75 | €4,141 | €3,502 | -€639 | -15.4% |
| Financial charges | 65/66B | €467 | - | -€467 | |
| Recurring financial charges | 65 | €467 | - | -€467 | |
| Profit (loss) for the period before taxes | 9903 | -€26,755 | -€14,003 | +€12,752 | +47.7% |
| Profit (loss) for the period | 9904 | -€26,755 | -€14,003 | +€12,752 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,755 | -€14,003 | +€12,752 | +47.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.