BM CARBU: what changed
Two fiscal 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.
BM CARBU
Largest movements
- Tangible fixed assets +€85,061
up €85,061 (+86.4%), from €98,428 to €183,489
- Cash -€82,953
down €82,953 (-59.9%), from €138,517 to €55,564
mainly Investment in fixed assets (net) (-€104,291) and Debts after one year (-€15,764)
- Stocks and contracts -€9,234
down €9,234 (-59.2%), from €15,589 to €6,355
- Receivables within one year -€5,092
down €5,092 (-18.6%), from €27,443 to €22,351
of which Trade receivables: -€5,128
- Debts after one year -€15,764
down €15,764 (-26.1%), from €60,399 to €44,635
- Profit (loss) carried forward +€8,820
up €8,820 (+6.2%), from €143,140 to €151,960
- Trade debts -€8,544
down €8,544 (-29.3%), from €29,174 to €20,630
- Accrued charges and deferred income +€6,950
up €6,950 (+17820.5%), from €39 to €6,989
- Turnover -€1.0m
no longer reported in 2025 (was €1.0m)
- Purchases and services -€964,613
no longer reported in 2025 (was €964,613)
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 | €281,066 | €270,888 | -€10,178 | -3.6% |
| Fixed assets | 21/28 | €98,428 | €183,489 | +€85,061 | +86.4% |
| Tangible fixed assets | 22/27 | €98,428 | €183,489 | +€85,061 | +86.4% |
| Land and buildings | 22 | €98,428 | €183,489 | +€85,061 | +86.4% |
| Current assets | 29/58 | €182,638 | €87,399 | -€95,239 | -52.1% |
| Stocks and contracts in progress | 3 | €15,589 | €6,355 | -€9,234 | -59.2% |
| Stocks | 30/36 | €15,589 | €6,355 | -€9,234 | -59.2% |
| Amounts receivable within one year | 40/41 | €27,443 | €22,351 | -€5,092 | -18.6% |
| Trade receivables | 40 | €27,407 | €22,279 | -€5,128 | -18.7% |
| Other amounts receivable | 41 | €36 | €72 | +€36 | +100.0% |
| Cash at bank and in hand | 54/58 | €138,517 | €55,564 | -€82,953 | -59.9% |
| Deferred charges and accrued income | 490/1 | €1,089 | €3,129 | +€2,040 | +187.3% |
| Total equity and liabilities | 10/49 | €281,066 | €270,888 | -€10,178 | -3.6% |
| Equity | 10/15 | €170,640 | €179,460 | +€8,820 | +5.2% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,140 | €151,960 | +€8,820 | +6.2% |
| Amounts payable | 17/49 | €110,426 | €91,428 | -€18,998 | -17.2% |
| Amounts payable after more than one year | 17 | €60,399 | €44,635 | -€15,764 | -26.1% |
| Financial debts | 170/4 | €60,399 | €44,635 | -€15,764 | -26.1% |
| Amounts payable within one year | 42/48 | €49,988 | €39,804 | -€10,184 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €15,522 | €15,765 | +€243 | +1.6% |
| Trade debts | 44 | €29,174 | €20,630 | -€8,544 | -29.3% |
| Suppliers | 440/4 | €29,174 | €20,630 | -€8,544 | -29.3% |
| Taxes, remuneration and social security | 45 | €4,292 | €2,409 | -€1,883 | -43.9% |
| Taxes | 450/3 | €4,292 | €2,409 | -€1,883 | -43.9% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €39 | €6,989 | +€6,950 | +17820.5% |
| Turnover | 70 | €1,001,901 | - | -€1.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | €964,613 | - | -€964,613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,651 | €19,230 | +€9,579 | +99.3% |
| Other operating charges | 640/8 | €9,728 | €8,443 | -€1,285 | -13.2% |
| Gross operating margin | 9900 | €37,288 | €45,258 | +€7,970 | +21.4% |
| Operating profit (loss) | 9901 | €17,909 | €17,585 | -€324 | -1.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,629 | €3,255 | -€374 | -10.3% |
| Recurring financial charges | 65 | €3,629 | €3,255 | -€374 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €14,281 | €14,330 | +€49 | +0.3% |
| Income taxes | 67/77 | €2,603 | €5,510 | +€2,907 | +111.7% |
| Profit (loss) for the period | 9904 | €11,678 | €8,820 | -€2,858 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,678 | €8,820 | -€2,858 | -24.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.