PLAN CHARLIE: 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.
PLAN CHARLIE
Largest movements
- Stocks and contracts -€271,160
down €271,160 (-39.5%), from €686,573 to €415,413
- Receivables within one year -€36,209
down €36,209 (-71.3%), from €50,779 to €14,570
of which Other amounts receivable: -€46,628
- Intangible fixed assets -€28,889
down €28,889 (-41.4%), from €69,815 to €40,926
- Cash +€25,713
up €25,713 (+19.5%), from €132,031 to €157,743
mainly Stocks and contracts (+€271,160) and Other debts (+€131,432)
- Tangible fixed assets -€16,520
down €16,520 (-84.8%), from €19,481 to €2,962
of which Other tangible fixed assets: -€14,519
- Trade debts -€579,178
down €579,178 (-65.9%), from €878,209 to €299,030
- Other debts +€131,432
up €131,432 (+37.4%), from €351,027 to €482,459
- Accrued charges and deferred income +€106,355
up €106,355 (+308%), from €34,485 to €140,840
- Tax, wage and social debts +€30,926
up €30,926 (+46.0%), from €67,184 to €98,110
of which Taxes: +€27,029
- Debts after one year -€27,035
down €27,035 (-30.8%), from €87,778 to €60,743
- Gross operating margin +€33,557
up €33,557 (+7.7%), from €436,497 to €470,054
- Staff costs -€31,445
down €31,445 (-7.6%), from €415,024 to €383,578
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 | €962,061 | €638,087 | -€323,974 | -33.7% |
| Fixed assets | 21/28 | €92,096 | €46,688 | -€45,409 | -49.3% |
| Intangible fixed assets | 21 | €69,815 | €40,926 | -€28,889 | -41.4% |
| Tangible fixed assets | 22/27 | €19,481 | €2,962 | -€16,520 | -84.8% |
| Furniture and vehicles | 24 | €3,892 | €1,891 | -€2,001 | -51.4% |
| Other tangible fixed assets | 26 | €15,590 | €1,071 | -€14,519 | -93.1% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €869,965 | €591,399 | -€278,565 | -32.0% |
| Stocks and contracts in progress | 3 | €686,573 | €415,413 | -€271,160 | -39.5% |
| Stocks | 30/36 | €686,573 | €415,413 | -€271,160 | -39.5% |
| Amounts receivable within one year | 40/41 | €50,779 | €14,570 | -€36,209 | -71.3% |
| Trade receivables | 40 | €3,060 | €13,480 | +€10,420 | +341% |
| Other amounts receivable | 41 | €47,719 | €1,091 | -€46,628 | -97.7% |
| Cash at bank and in hand | 54/58 | €132,031 | €157,743 | +€25,713 | +19.5% |
| Deferred charges and accrued income | 490/1 | €582 | €3,673 | +€3,091 | +531% |
| Total equity and liabilities | 10/49 | €962,061 | €638,087 | -€323,974 | -33.7% |
| Equity | 10/15 | -€498,582 | -€483,201 | +€15,382 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,276 | €2,276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,276 | €2,276 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€519,459 | -€504,077 | +€15,382 | +3.0% |
| Amounts payable | 17/49 | €1,460,643 | €1,121,288 | -€339,356 | -23.2% |
| Amounts payable after more than one year | 17 | €87,778 | €60,743 | -€27,035 | -30.8% |
| Financial debts | 170/4 | €87,778 | €60,743 | -€27,035 | -30.8% |
| Amounts payable within one year | 42/48 | €1,338,381 | €919,705 | -€418,676 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €28,333 | €31,911 | +€3,578 | +12.6% |
| Financial debts | 43 | €13,628 | €8,194 | -€5,434 | -39.9% |
| Credit institutions | 430/8 | €13,628 | €8,194 | -€5,434 | -39.9% |
| Trade debts | 44 | €878,209 | €299,030 | -€579,178 | -65.9% |
| Suppliers | 440/4 | €878,209 | €299,030 | -€579,178 | -65.9% |
| Taxes, remuneration and social security | 45 | €67,184 | €98,110 | +€30,926 | +46.0% |
| Taxes | 450/3 | €202 | €27,231 | +€27,029 | +13,375% |
| Remuneration and social security | 454/9 | €66,982 | €70,879 | +€3,897 | +5.8% |
| Other amounts payable | 47/48 | €351,027 | €482,459 | +€131,432 | +37.4% |
| Accrued charges and deferred income | 492/3 | €34,485 | €140,840 | +€106,355 | +308% |
| Remuneration, social security and pensions | 62 | €415,024 | €383,578 | -€31,445 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,069 | €35,665 | -€2,404 | -6.3% |
| Other operating charges | 640/8 | €15,056 | €16,011 | +€955 | +6.3% |
| Non-recurring operating charges | 66A | - | €9,744 | +€9,744 | |
| Gross operating margin | 9900 | €436,497 | €470,054 | +€33,557 | +7.7% |
| Operating profit (loss) | 9901 | -€31,651 | €25,056 | +€56,707 | |
| Financial income | 75/76B | €558 | €105 | -€453 | -81.2% |
| Recurring financial income | 75 | €558 | €105 | -€453 | -81.2% |
| Financial charges | 65/66B | €11,160 | €9,577 | -€1,582 | -14.2% |
| Recurring financial charges | 65 | €11,160 | €9,577 | -€1,582 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,252 | €15,584 | +€57,836 | |
| Income taxes | 67/77 | €202 | €202 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€42,454 | €15,382 | +€57,836 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,454 | €15,382 | +€57,836 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.