W 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.
W CHARLEROI
Largest movements
- Tangible fixed assets +€305,594
new in 2025: €305,594
of which Land and buildings: +€237,428
- Cash +€92,408
up €92,408 (+8,124%), from €1,138 to €93,546
mainly Other debts (+€431,718) and Debts after one year (+€140,436)
- Receivables within one year +€42,539
up €42,539 (+503%), from €8,465 to €51,005
of which Trade receivables: +€41,999
- Deferred charges and accrued income +€4,700
new in 2025: €4,700
- Other debts +€431,718
new in 2025: €431,718
- Profit (loss) carried forward -€341,289
down €341,289 (-19,980%), from -€1,708 to -€342,998
- Debts after one year +€140,436
new in 2025: €140,436
- Trade debts +€107,677
up €107,677 (+8,212%), from €1,311 to €108,988
- Tax, wage and social debts +€61,761
new in 2025: €61,761
of which Remuneration and social security: +€44,607
- Staff costs +€524,788
new in 2025: €524,788
- Gross operating margin +€255,198
up €255,198, from -€1,311 to €253,887
- Depreciation +€33,032
new in 2025: €33,032
- Other operating charges +€28,491
up €28,491 (+7,355%), from €387 to €28,878
- Financial charges +€8,471
up €8,471 (+87,506%), from €10 to €8,480
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 | €9,603 | €454,844 | +€445,241 | +4,636% |
| Fixed assets | 21/28 | - | €305,594 | +€305,594 | |
| Tangible fixed assets | 22/27 | - | €305,594 | +€305,594 | |
| Land and buildings | 22 | - | €237,428 | +€237,428 | |
| Furniture and vehicles | 24 | - | €68,165 | +€68,165 | |
| Current assets | 29/58 | €9,603 | €149,251 | +€139,648 | +1,454% |
| Amounts receivable within one year | 40/41 | €8,465 | €51,005 | +€42,539 | +503% |
| Trade receivables | 40 | €8,465 | €50,464 | +€41,999 | +496% |
| Other amounts receivable | 41 | - | €540 | +€540 | |
| Cash at bank and in hand | 54/58 | €1,138 | €93,546 | +€92,408 | +8,124% |
| Deferred charges and accrued income | 490/1 | - | €4,700 | +€4,700 | |
| Total equity and liabilities | 10/49 | €9,603 | €454,844 | +€445,241 | +4,636% |
| Equity | 10/15 | €8,292 | -€332,998 | -€341,289 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,708 | -€342,998 | -€341,289 | -19,980% |
| Amounts payable | 17/49 | €1,311 | €787,842 | +€786,531 | +59,987% |
| Amounts payable after more than one year | 17 | - | €140,436 | +€140,436 | |
| Financial debts | 170/4 | - | €140,436 | +€140,436 | |
| Amounts payable within one year | 42/48 | €1,311 | €647,406 | +€646,095 | +49,277% |
| Current portion of amounts payable after more than one year | 42 | - | €44,940 | +€44,940 | |
| Trade debts | 44 | €1,311 | €108,988 | +€107,677 | +8,212% |
| Suppliers | 440/4 | €1,311 | €108,988 | +€107,677 | +8,212% |
| Taxes, remuneration and social security | 45 | - | €61,761 | +€61,761 | |
| Taxes | 450/3 | - | €17,154 | +€17,154 | |
| Remuneration and social security | 454/9 | - | €44,607 | +€44,607 | |
| Other amounts payable | 47/48 | - | €431,718 | +€431,718 | |
| Remuneration, social security and pensions | 62 | - | €524,788 | +€524,788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €33,032 | +€33,032 | |
| Other operating charges | 640/8 | €387 | €28,878 | +€28,491 | +7,355% |
| Gross operating margin | 9900 | -€1,311 | €253,887 | +€255,198 | |
| Operating profit (loss) | 9901 | -€1,699 | -€332,810 | -€331,112 | -19,494% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €10 | €8,480 | +€8,471 | +87,506% |
| Recurring financial charges | 65 | €10 | €8,480 | +€8,471 | +87,506% |
| Profit (loss) for the period before taxes | 9903 | -€1,708 | -€341,289 | -€339,581 | -19,880% |
| Profit (loss) for the period | 9904 | -€1,708 | -€341,289 | -€339,581 | -19,880% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,708 | -€341,289 | -€339,581 | -19,880% |
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 17 October 2026 via checked.be.