Alessandro Carpi: 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.
Alessandro Carpi
Largest movements
- Cash +€87,418
up €87,418 (+219%), from €39,878 to €127,296
mainly Net result for the year (+€68,157) and Tax, wage and social debts (+€16,035)
- Receivables within one year -€1,639
down €1,639 (-90.7%), from €1,806 to €167
of which Trade receivables: -€1,642
- Reserves +€68,157
up €68,157 (+622%), from €10,952 to €79,108
- Tax, wage and social debts +€16,035
up €16,035 (+107%), from €14,987 to €31,022
of which Taxes: +€19,611
- Other debts +€1,905
up €1,905 (+14.8%), from €12,863 to €14,767
- Gross operating margin +€72,218
up €72,218 (+525%), from €13,750 to €85,968
- Taxes +€14,884
up €14,884 (+533%), from €2,795 to €17,678
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 | €41,684 | €127,464 | +€85,779 | +206% |
| Current assets | 29/58 | €41,684 | €127,464 | +€85,779 | +206% |
| Amounts receivable within one year | 40/41 | €1,806 | €167 | -€1,639 | -90.7% |
| Trade receivables | 40 | €1,806 | €165 | -€1,642 | -90.9% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €39,878 | €127,296 | +€87,418 | +219% |
| Total equity and liabilities | 10/49 | €41,684 | €127,464 | +€85,779 | +206% |
| Equity | 10/15 | €12,452 | €80,608 | +€68,157 | +547% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €10,952 | €79,108 | +€68,157 | +622% |
| Distributable reserves | 133 | €10,952 | €79,108 | +€68,157 | +622% |
| Amounts payable | 17/49 | €29,232 | €46,855 | +€17,623 | +60.3% |
| Amounts payable within one year | 42/48 | €29,232 | €46,855 | +€17,623 | +60.3% |
| Trade debts | 44 | €1,383 | €1,066 | -€317 | -22.9% |
| Suppliers | 440/4 | €1,383 | €1,066 | -€317 | -22.9% |
| Taxes, remuneration and social security | 45 | €14,987 | €31,022 | +€16,035 | +107% |
| Taxes | 450/3 | €11,411 | €31,022 | +€19,611 | +172% |
| Remuneration and social security | 454/9 | €3,576 | €0 | -€3,576 | -100% |
| Other amounts payable | 47/48 | €12,863 | €14,767 | +€1,905 | +14.8% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €13,750 | €85,968 | +€72,218 | +525% |
| Operating profit (loss) | 9901 | €13,750 | €85,902 | +€72,152 | +525% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4 | €69 | +€66 | +1,748% |
| Recurring financial charges | 65 | €4 | €69 | +€66 | +1,748% |
| Profit (loss) for the period before taxes | 9903 | €13,746 | €85,835 | +€72,089 | +524% |
| Income taxes | 67/77 | €2,795 | €17,678 | +€14,884 | +533% |
| Profit (loss) for the period | 9904 | €10,952 | €68,157 | +€57,205 | +522% |
| Profit (loss) for the period to be appropriated | 9905 | €10,952 | €68,157 | +€57,205 | +522% |
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 18 October 2026 via checked.be.