LE SAINT CHARLES: 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 SAINT CHARLES
Largest movements
- Receivables within one year -€28,306
down €28,306 (-57.2%), from €49,515 to €21,209
of which Trade receivables: -€27,829
- Cash -€18,987
no longer reported in 2025 (was €18,987)
mainly Accrued charges and deferred income (-€24,400) and Net result for the year (-€23,784)
- Tangible fixed assets +€16,876
up €16,876 (+513%), from €3,293 to €20,169
- Stocks and contracts +€6,843
up €6,843 (+165%), from €4,157 to €11,000
- Accrued charges and deferred income -€24,400
no longer reported in 2025 (was €24,400)
- Other debts +€23,970
up €23,970 (+23.0%), from €104,397 to €128,368
- Profit (loss) carried forward -€23,784
down €23,784 (-23.8%), from -€99,772 to -€123,555
- Trade debts -€6,872
down €6,872 (-41.9%), from €16,391 to €9,520
- Tax, wage and social debts +€5,639
up €5,639 (+33.4%), from €16,859 to €22,499
of which Remuneration and social security: +€7,551
- Gross operating margin -€74,307
down €74,307, from €72,941 to -€1,366
- Other operating charges -€2,282
down €2,282 (-27.6%), from €8,280 to €5,998
- Staff costs +€2,264
up €2,264 (+26.1%), from €8,669 to €10,933
- Depreciation +€1,426
up €1,426 (+48.0%), from €2,969 to €4,395
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 | €100,352 | €76,777 | -€23,575 | -23.5% |
| Fixed assets | 21/28 | €12,692 | €29,568 | +€16,876 | +133% |
| Tangible fixed assets | 22/27 | €3,293 | €20,169 | +€16,876 | +513% |
| Furniture and vehicles | 24 | €3,293 | €20,169 | +€16,876 | +513% |
| Financial fixed assets | 28 | €9,399 | €9,399 | = | 0.0% |
| Current assets | 29/58 | €87,660 | €47,209 | -€40,451 | -46.1% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Trade receivables | 290 | €0 | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | €15,000 | - | -€15,000 | |
| Stocks and contracts in progress | 3 | €4,157 | €11,000 | +€6,843 | +165% |
| Stocks | 30/36 | €4,157 | €11,000 | +€6,843 | +165% |
| Amounts receivable within one year | 40/41 | €49,515 | €21,209 | -€28,306 | -57.2% |
| Trade receivables | 40 | €49,038 | €21,209 | -€27,829 | -56.8% |
| Other amounts receivable | 41 | €477 | - | -€477 | |
| Cash at bank and in hand | 54/58 | €18,987 | - | -€18,987 | |
| Total equity and liabilities | 10/49 | €100,352 | €76,777 | -€23,575 | -23.5% |
| Equity | 10/15 | -€62,299 | -€86,083 | -€23,784 | -38.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €2,472 | €2,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €613 | €613 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,772 | -€123,555 | -€23,784 | -23.8% |
| Amounts payable | 17/49 | €162,651 | €162,860 | +€209 | +0.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €138,251 | €162,860 | +€24,609 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €603 | - | -€603 | |
| Financial debts | 43 | - | €2,474 | +€2,474 | |
| Credit institutions | 430/8 | - | €2,474 | +€2,474 | |
| Trade debts | 44 | €16,391 | €9,520 | -€6,872 | -41.9% |
| Suppliers | 440/4 | €16,391 | €9,520 | -€6,872 | -41.9% |
| Taxes, remuneration and social security | 45 | €16,859 | €22,499 | +€5,639 | +33.4% |
| Taxes | 450/3 | €16,173 | €14,262 | -€1,911 | -11.8% |
| Remuneration and social security | 454/9 | €686 | €8,237 | +€7,551 | +1,100% |
| Other amounts payable | 47/48 | €104,397 | €128,368 | +€23,970 | +23.0% |
| Accrued charges and deferred income | 492/3 | €24,400 | - | -€24,400 | |
| Non-recurring operating income | 76A | €11,100 | €24,400 | +€13,300 | +120% |
| Remuneration, social security and pensions | 62 | €8,669 | €10,933 | +€2,264 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,969 | €4,395 | +€1,426 | +48.0% |
| Other operating charges | 640/8 | €8,280 | €5,998 | -€2,282 | -27.6% |
| Non-recurring operating charges | 66A | €64,843 | - | -€64,843 | |
| Gross operating margin | 9900 | €72,941 | -€1,366 | -€74,307 | |
| Operating profit (loss) | 9901 | -€11,819 | -€22,692 | -€10,873 | -92.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -89.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -89.7% |
| Financial charges | 65/66B | €432 | €1,092 | +€660 | +153% |
| Recurring financial charges | 65 | €432 | €1,092 | +€660 | +153% |
| Profit (loss) for the period before taxes | 9903 | -€12,251 | -€23,784 | -€11,533 | -94.1% |
| Income taxes | 67/77 | €123 | - | -€123 | |
| Profit (loss) for the period | 9904 | -€12,374 | -€23,784 | -€11,410 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,374 | -€23,784 | -€11,410 | -92.2% |
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 27 October 2026 via checked.be.