LE CHARLEMAGNE: 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.
LE CHARLEMAGNE
Largest movements
- Tangible fixed assets -€54,156
down €54,156 (-12.1%), from €448,688 to €394,532
- Debts -€45,745
down €45,745 (-19.1%), from €239,423 to €193,678
of which Debts after one year: -€42,236
- Reserves -€7,324
down €7,324 (-10.5%), from €69,497 to €62,172
- Gross operating margin +€14,024
up €14,024 (+44.7%), from €31,375 to €45,398
- Depreciation -€707
down €707 (-1.7%), from €41,796 to €41,089
From the 2009 result to the 2010 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 2009 and 2010 balance sheets and the 2010 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,734 | €396,802 | -€52,931 | -11.8% |
| Fixed assets | 21/28 | €448,960 | €394,804 | -€54,156 | -12.1% |
| Tangible fixed assets | 22/27 | €448,688 | €394,532 | -€54,156 | -12.1% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €773 | €1,998 | +€1,225 | +158% |
| Amounts receivable within one year | 40/41 | €28 | - | -€28 | |
| Cash at bank and in hand | 54/58 | €745 | €1,998 | +€1,253 | +168% |
| Total equity and liabilities | 10/49 | €449,734 | €396,802 | -€52,931 | -11.8% |
| Equity | 10/15 | €178,358 | €174,891 | -€3,468 | -1.9% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €69,497 | €62,172 | -€7,324 | -10.5% |
| Profit (loss) carried forward | 14 | -€51,139 | -€47,282 | +€3,857 | +7.5% |
| Provisions and deferred taxes | 16 | €31,952 | €28,234 | -€3,719 | -11.6% |
| Amounts payable | 17/49 | €239,423 | €193,678 | -€45,745 | -19.1% |
| Amounts payable after more than one year | 17 | €121,771 | €79,534 | -€42,236 | -34.7% |
| Amounts payable within one year | 42/48 | €113,888 | €110,426 | -€3,462 | -3.0% |
| Trade debts | 44 | €1,304 | - | -€1,304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,796 | €41,089 | -€707 | -1.7% |
| Gross operating margin | 9900 | €31,375 | €45,398 | +€14,024 | +44.7% |
| Operating profit (loss) | 9901 | -€14,906 | €386 | +€15,293 | |
| Recurring financial income | 75 | €210 | €1 | -€209 | -99.6% |
| Recurring financial charges | 65 | €9,059 | €7,573 | -€1,485 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,755 | -€7,186 | +€16,569 | +69.7% |
| Profit (loss) for the period | 9904 | -€20,006 | -€3,468 | +€16,538 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,619 | €3,857 | +€16,476 |
Source: filed annual accounts (NBB), financial years ended 30 June 2009 and 30 June 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.