A-CARRE: 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.
A-CARRE
Largest movements
- Receivables within one year +€86,849
up €86,849 (+83.8%), from €103,698 to €190,547
of which Other amounts receivable: +€72,329
- Other debts +€85,000
up €85,000 (+65.4%), from €130,000 to €215,000
- Trade debts -€10,066
down €10,066 (-7.0%), from €143,043 to €132,977
- Profit (loss) carried forward +€6,718
up €6,718 (+603.6%), from €1,113 to €7,831
- Other operating charges -€26,201
down €26,201 (-86.4%), from €30,335 to €4,134
- Gross operating margin -€15,321
down €15,321 (-42.6%), from €35,965 to €20,644
- Financial charges +€3,491
up €3,491 (+84.6%), from €4,126 to €7,617
- Taxes +€1,834
up €1,834 (+452.8%), from €405 to €2,239
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.
Cash bridge derived
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 | €474,561 | €558,453 | +€83,892 | +17.7% |
| Fixed assets | 21/28 | €367,500 | €367,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €240,000 | €240,000 | = | 0.0% |
| Land and buildings | 22 | €240,000 | €240,000 | = | 0.0% |
| Financial fixed assets | 28 | €127,500 | €127,500 | = | 0.0% |
| Current assets | 29/58 | €107,061 | €190,953 | +€83,892 | +78.4% |
| Amounts receivable within one year | 40/41 | €103,698 | €190,547 | +€86,849 | +83.8% |
| Trade receivables | 40 | - | €14,520 | +€14,520 | |
| Other amounts receivable | 41 | €103,698 | €176,027 | +€72,329 | +69.7% |
| Cash at bank and in hand | 54/58 | €3,363 | €406 | -€2,957 | -87.9% |
| Total equity and liabilities | 10/49 | €474,561 | €558,453 | +€83,892 | +17.7% |
| Equity | 10/15 | €21,113 | €27,831 | +€6,718 | +31.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,113 | €7,831 | +€6,718 | +603.6% |
| Amounts payable | 17/49 | €453,448 | €530,622 | +€77,174 | +17.0% |
| Amounts payable after more than one year | 17 | €180,000 | €180,000 | = | 0.0% |
| Financial debts | 170/4 | €180,000 | €180,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €273,448 | €350,622 | +€77,174 | +28.2% |
| Trade debts | 44 | €143,043 | €132,977 | -€10,066 | -7.0% |
| Suppliers | 440/4 | €143,043 | €132,977 | -€10,066 | -7.0% |
| Taxes, remuneration and social security | 45 | €405 | €2,645 | +€2,240 | +553.1% |
| Taxes | 450/3 | €405 | €2,645 | +€2,240 | +553.1% |
| Other amounts payable | 47/48 | €130,000 | €215,000 | +€85,000 | +65.4% |
| Other operating charges | 640/8 | €30,335 | €4,134 | -€26,201 | -86.4% |
| Gross operating margin | 9900 | €35,965 | €20,644 | -€15,321 | -42.6% |
| Operating profit (loss) | 9901 | €5,630 | €16,510 | +€10,880 | +193.3% |
| Financial income | 75/76B | €14 | €64 | +€50 | +357.1% |
| Recurring financial income | 75 | €14 | €64 | +€50 | +357.1% |
| Financial charges | 65/66B | €4,126 | €7,617 | +€3,491 | +84.6% |
| Recurring financial charges | 65 | €4,126 | €7,617 | +€3,491 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €1,518 | €8,957 | +€7,439 | +490.1% |
| Income taxes | 67/77 | €405 | €2,239 | +€1,834 | +452.8% |
| Profit (loss) for the period | 9904 | €1,113 | €6,718 | +€5,605 | +503.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,113 | €6,718 | +€5,605 | +503.6% |
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 12 October 2026 via checked.be.