THIRION CHARLOTTE: what changed
THIRION CHARLOTTE
Largest movements
- Tangible fixed assets -€8,264
down €8,264 (-20.6%), from €40,051 to €31,787
of which Leasing and similar rights: -€7,998
- Debts after one year -€10,648
down €10,648 (-14.8%), from €71,980 to €61,332
- Other debts -€5,020
down €5,020 (-89.0%), from €5,640 to €620
- Reserves +€3,234
up €3,234 (+1,684%), from €192 to €3,427
- Current portion of long-term debt +€1,759
up €1,759 (+19.8%), from €8,889 to €10,648
- Tax, wage and social debts +€1,521
up €1,521 (+1,190%), from €128 to €1,649
- Gross operating margin +€16,466
up €16,466 (+827%), from €1,992 to €18,458
- Depreciation +€7,528
up €7,528 (+1,023%), from €736 to €8,264
- Financial charges +€2,833
up €2,833 (+366%), from €775 to €3,608
- Staff costs +€1,600
new in 2025: €1,600
- Taxes +€1,521
up €1,521 (+1,190%), from €128 to €1,649
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,109 | €81,611 | -€8,498 | -9.4% |
| Fixed assets | 21/28 | €85,435 | €77,171 | -€8,264 | -9.7% |
| Tangible fixed assets | 22/27 | €40,051 | €31,787 | -€8,264 | -20.6% |
| Furniture and vehicles | 24 | €736 | €471 | -€266 | -36.1% |
| Leasing and similar rights | 25 | €39,315 | €31,317 | -€7,998 | -20.3% |
| Financial fixed assets | 28 | €45,384 | €45,384 | = | 0.0% |
| Current assets | 29/58 | €4,674 | €4,440 | -€234 | -5.0% |
| Cash at bank and in hand | 54/58 | €4,368 | €4,440 | +€72 | +1.6% |
| Deferred charges and accrued income | 490/1 | €306 | - | -€306 | |
| Total equity and liabilities | 10/49 | €90,109 | €81,611 | -€8,498 | -9.4% |
| Equity | 10/15 | €3,192 | €6,427 | +€3,234 | +101% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €192 | €3,427 | +€3,234 | +1,684% |
| Distributable reserves | 133 | €192 | €3,427 | +€3,234 | +1,684% |
| Amounts payable | 17/49 | €86,917 | €75,185 | -€11,732 | -13.5% |
| Amounts payable after more than one year | 17 | €71,980 | €61,332 | -€10,648 | -14.8% |
| Financial debts | 170/4 | €71,980 | €61,332 | -€10,648 | -14.8% |
| Amounts payable within one year | 42/48 | €14,937 | €13,853 | -€1,084 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €8,889 | €10,648 | +€1,759 | +19.8% |
| Trade debts | 44 | €280 | €936 | +€656 | +234% |
| Suppliers | 440/4 | €280 | €936 | +€656 | +234% |
| Taxes, remuneration and social security | 45 | €128 | €1,649 | +€1,521 | +1,190% |
| Taxes | 450/3 | €128 | €1,649 | +€1,521 | +1,190% |
| Other amounts payable | 47/48 | €5,640 | €620 | -€5,020 | -89.0% |
| Remuneration, social security and pensions | 62 | - | €1,600 | +€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €736 | €8,264 | +€7,528 | +1,023% |
| Other operating charges | 640/8 | €162 | €103 | -€60 | -36.6% |
| Gross operating margin | 9900 | €1,992 | €18,458 | +€16,466 | +827% |
| Operating profit (loss) | 9901 | €1,094 | €8,491 | +€7,398 | +676% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €775 | €3,608 | +€2,833 | +366% |
| Recurring financial charges | 65 | €775 | €3,608 | +€2,833 | +366% |
| Profit (loss) for the period before taxes | 9903 | €320 | €4,884 | +€4,564 | +1,427% |
| Income taxes | 67/77 | €128 | €1,649 | +€1,521 | +1,190% |
| Profit (loss) for the period | 9904 | €192 | €3,234 | +€3,042 | +1,584% |
| Profit (loss) for the period to be appropriated | 9905 | €192 | €3,234 | +€3,042 | +1,584% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.