GS CHARLEROI: 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.
GS CHARLEROI
Largest movements
- Receivables within one year -€41,096
down €41,096 (-13.8%), from €296,905 to €255,810
- Cash -€18,731
down €18,731 (-10.8%), from €173,374 to €154,643
mainly Trade debts (-€51,402) and Tax, wage and social debts (-€45,576)
- Tangible fixed assets -€13,132
down €13,132 (-2.3%), from €565,785 to €552,652
of which Land and buildings: -€31,197
- Trade debts -€51,402
down €51,402 (-19.1%), from €269,541 to €218,140
- Tax, wage and social debts -€45,576
down €45,576 (-23.5%), from €194,293 to €148,717
of which Taxes: -€35,757
- Debts after one year +€22,949
new in 2025: €22,949
- Staff costs -€27,560
down €27,560 (-3.6%), from €761,235 to €733,675
- Gross operating margin -€23,609
down €23,609 (-2.7%), from €876,179 to €852,569
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 | €1,051,314 | €982,104 | -€69,211 | -6.6% |
| Fixed assets | 21/28 | €565,785 | €552,652 | -€13,132 | -2.3% |
| Tangible fixed assets | 22/27 | €565,785 | €552,652 | -€13,132 | -2.3% |
| Land and buildings | 22 | €562,024 | €530,826 | -€31,197 | -5.6% |
| Furniture and vehicles | 24 | €3,761 | €21,826 | +€18,065 | +480% |
| Current assets | 29/58 | €485,530 | €429,451 | -€56,079 | -11.5% |
| Amounts receivable within one year | 40/41 | €296,905 | €255,810 | -€41,096 | -13.8% |
| Trade receivables | 40 | €296,905 | €255,810 | -€41,096 | -13.8% |
| Cash at bank and in hand | 54/58 | €173,374 | €154,643 | -€18,731 | -10.8% |
| Deferred charges and accrued income | 490/1 | €15,251 | €18,999 | +€3,748 | +24.6% |
| Total equity and liabilities | 10/49 | €1,051,314 | €982,104 | -€69,211 | -6.6% |
| Equity | 10/15 | €554,541 | €561,528 | +€6,987 | +1.3% |
| Contributions | 10/11 | €18,605 | €18,605 | = | 0.0% |
| Reserves | 13 | €470,190 | €468,396 | -€1,794 | -0.4% |
| Tax-exempt reserves | 132 | €34,610 | €32,816 | -€1,794 | -5.2% |
| Distributable reserves | 133 | €435,580 | €435,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,912 | €34,345 | +€10,433 | +43.6% |
| Investment grants | 15 | €41,834 | €40,183 | -€1,651 | -3.9% |
| Provisions and deferred taxes | 16 | €17,823 | €16,899 | -€924 | -5.2% |
| Deferred taxes | 168 | €17,823 | €16,899 | -€924 | -5.2% |
| Amounts payable | 17/49 | €478,951 | €403,677 | -€75,274 | -15.7% |
| Amounts payable after more than one year | 17 | - | €22,949 | +€22,949 | |
| Financial debts | 170/4 | - | €22,949 | +€22,949 | |
| Amounts payable within one year | 42/48 | €478,951 | €380,727 | -€98,223 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €5,153 | €6,680 | +€1,526 | +29.6% |
| Financial debts | 43 | €9,963 | €7,192 | -€2,772 | -27.8% |
| Credit institutions | 430/8 | €789 | €0 | -€789 | -100% |
| Other loans | 439 | €9,175 | €7,192 | -€1,983 | -21.6% |
| Trade debts | 44 | €269,541 | €218,140 | -€51,402 | -19.1% |
| Suppliers | 440/4 | €269,541 | €218,140 | -€51,402 | -19.1% |
| Taxes, remuneration and social security | 45 | €194,293 | €148,717 | -€45,576 | -23.5% |
| Taxes | 450/3 | €90,627 | €54,870 | -€35,757 | -39.5% |
| Remuneration and social security | 454/9 | €103,666 | €93,847 | -€9,820 | -9.5% |
| Remuneration, social security and pensions | 62 | €761,235 | €733,675 | -€27,560 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,772 | €43,306 | +€4,534 | +11.7% |
| Other operating charges | 640/8 | €5,155 | €9,644 | +€4,490 | +87.1% |
| Gross operating margin | 9900 | €876,179 | €852,569 | -€23,609 | -2.7% |
| Operating profit (loss) | 9901 | €71,016 | €65,944 | -€5,072 | -7.1% |
| Financial income | 75/76B | €1,651 | €1,651 | = | 0.0% |
| Recurring financial income | 75 | €1,651 | €1,651 | = | 0.0% |
| Financial charges | 65/66B | €32,567 | €34,682 | +€2,115 | +6.5% |
| Recurring financial charges | 65 | €32,567 | €34,682 | +€2,115 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €40,100 | €32,913 | -€7,187 | -17.9% |
| Transfer from deferred taxes | 780 | €924 | €924 | = | 0.0% |
| Income taxes | 67/77 | €27,871 | €25,198 | -€2,672 | -9.6% |
| Profit (loss) for the period | 9904 | €13,153 | €8,639 | -€4,514 | -34.3% |
| Transfer from tax-exempt reserves | 789 | €1,794 | €1,794 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,947 | €10,433 | -€4,514 | -30.2% |
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 26 October 2026 via checked.be.