N.R. 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.
N.R. Charleroi
Largest movements
- Tangible fixed assets -€38,137
down €38,137 (-21.5%), from €177,098 to €138,961
of which Furniture and vehicles: -€33,902
- Cash +€32,009
up €32,009 (+90.5%), from €35,363 to €67,372
mainly Net result for the year (+€56,334) and Depreciation (+€41,006)
- Receivables within one year +€13,714
up €13,714 (+84.1%), from €16,305 to €30,019
of which Other amounts receivable: +€15,977
- Stocks and contracts +€12,970
up €12,970 (+629%), from €2,063 to €15,033
- Intangible fixed assets -€9,000
down €9,000 (-11.4%), from €78,732 to €69,732
- Reserves +€50,000
up €50,000 (+111%), from €45,000 to €95,000
- Trade debts -€27,586
down €27,586 (-80.0%), from €34,470 to €6,884
- Current portion of long-term debt -€10,438
down €10,438 (-54.4%), from €19,176 to €8,738
- Profit (loss) carried forward +€6,334
up €6,334 (+15.0%), from €42,293 to €48,627
- Other debts -€5,843
down €5,843 (-9.8%), from €59,347 to €53,504
- Gross operating margin +€49,130
up €49,130 (+33.0%), from €148,824 to €197,954
- Staff costs +€46,211
up €46,211 (+216%), from €21,393 to €67,604
- Taxes +€15,494
up €15,494 (+234%), from €6,631 to €22,125
- Depreciation -€9,867
down €9,867 (-19.4%), from €50,872 to €41,006
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 | €310,051 | €322,820 | +€12,768 | +4.1% |
| Formation expenses | 20 | €144 | €0 | -€144 | -100% |
| Fixed assets | 21/28 | €255,830 | €208,693 | -€47,137 | -18.4% |
| Intangible fixed assets | 21 | €78,732 | €69,732 | -€9,000 | -11.4% |
| Tangible fixed assets | 22/27 | €177,098 | €138,961 | -€38,137 | -21.5% |
| Plant, machinery and equipment | 23 | €63,580 | €55,542 | -€8,039 | -12.6% |
| Furniture and vehicles | 24 | €82,354 | €48,452 | -€33,902 | -41.2% |
| Other tangible fixed assets | 26 | €31,164 | €34,968 | +€3,804 | +12.2% |
| Current assets | 29/58 | €54,078 | €114,127 | +€60,049 | +111% |
| Stocks and contracts in progress | 3 | €2,063 | €15,033 | +€12,970 | +629% |
| Stocks | 30/36 | €2,063 | €15,033 | +€12,970 | +629% |
| Amounts receivable within one year | 40/41 | €16,305 | €30,019 | +€13,714 | +84.1% |
| Trade receivables | 40 | €14,953 | €12,690 | -€2,264 | -15.1% |
| Other amounts receivable | 41 | €1,352 | €17,329 | +€15,977 | +1,182% |
| Cash at bank and in hand | 54/58 | €35,363 | €67,372 | +€32,009 | +90.5% |
| Deferred charges and accrued income | 490/1 | €348 | €1,703 | +€1,356 | +390% |
| Total equity and liabilities | 10/49 | €310,051 | €322,820 | +€12,768 | +4.1% |
| Equity | 10/15 | €102,293 | €158,627 | +€56,334 | +55.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €95,000 | +€50,000 | +111% |
| Distributable reserves | 133 | €45,000 | €95,000 | +€50,000 | +111% |
| Profit (loss) carried forward | 14 | €42,293 | €48,627 | +€6,334 | +15.0% |
| Amounts payable | 17/49 | €207,759 | €164,193 | -€43,566 | -21.0% |
| Amounts payable after more than one year | 17 | €60,756 | €59,152 | -€1,604 | -2.6% |
| Financial debts | 170/4 | €60,756 | €59,152 | -€1,604 | -2.6% |
| Amounts payable within one year | 42/48 | €147,003 | €105,041 | -€41,962 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €19,176 | €8,738 | -€10,438 | -54.4% |
| Trade debts | 44 | €34,470 | €6,884 | -€27,586 | -80.0% |
| Suppliers | 440/4 | €34,470 | €6,884 | -€27,586 | -80.0% |
| Taxes, remuneration and social security | 45 | €34,010 | €35,915 | +€1,904 | +5.6% |
| Taxes | 450/3 | €22,207 | €28,717 | +€6,511 | +29.3% |
| Remuneration and social security | 454/9 | €11,803 | €7,197 | -€4,606 | -39.0% |
| Other amounts payable | 47/48 | €59,347 | €53,504 | -€5,843 | -9.8% |
| Remuneration, social security and pensions | 62 | €21,393 | €67,604 | +€46,211 | +216% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,872 | €41,006 | -€9,867 | -19.4% |
| Other operating charges | 640/8 | €6,194 | €5,548 | -€645 | -10.4% |
| Gross operating margin | 9900 | €148,824 | €197,954 | +€49,130 | +33.0% |
| Operating profit (loss) | 9901 | €70,365 | €83,796 | +€13,431 | +19.1% |
| Financial income | 75/76B | €1 | €3 | +€2 | +251% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +251% |
| Financial charges | 65/66B | €5,532 | €5,340 | -€192 | -3.5% |
| Recurring financial charges | 65 | €5,532 | €5,340 | -€192 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €64,833 | €78,459 | +€13,625 | +21.0% |
| Income taxes | 67/77 | €6,631 | €22,125 | +€15,494 | +234% |
| Profit (loss) for the period | 9904 | €58,202 | €56,334 | -€1,868 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,202 | €56,334 | -€1,868 | -3.2% |
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 23 October 2026 via checked.be.