C carré: 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.
C carré
Largest movements
- Cash +€26,303
up €26,303 (+21.8%), from €120,704 to €147,007
mainly Other debts (+€61,844) and Net result for the year (+€21,249)
- Tangible fixed assets -€10,308
down €10,308 (-59.9%), from €17,218 to €6,910
of which Furniture and vehicles: -€9,127
- Other debts +€61,844
new in 2025: €61,844
- Reserves -€43,849
down €43,849 (-36.7%), from €119,530 to €75,680
of which Distributable reserves: -€43,849
- Debts after one year -€5,465
no longer reported in 2025 (was €5,465)
- Tax, wage and social debts +€2,903
up €2,903 (+129%), from €2,253 to €5,156
of which Taxes: +€5,007
- Current portion of long-term debt -€2,677
down €2,677 (-32.9%), from €8,141 to €5,465
- Gross operating margin +€15,462
up €15,462 (+57.2%), from €27,009 to €42,471
- Taxes +€3,738
up €3,738 (+62.7%), from €5,959 to €9,697
- Depreciation +€976
up €976 (+10.5%), from €9,332 to €10,308
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 | €157,126 | €171,569 | +€14,443 | +9.2% |
| Fixed assets | 21/28 | €18,271 | €7,963 | -€10,308 | -56.4% |
| Tangible fixed assets | 22/27 | €17,218 | €6,910 | -€10,308 | -59.9% |
| Plant, machinery and equipment | 23 | €150 | - | -€150 | |
| Furniture and vehicles | 24 | €15,831 | €6,705 | -€9,127 | -57.6% |
| Other tangible fixed assets | 26 | €1,237 | €205 | -€1,032 | -83.4% |
| Financial fixed assets | 28 | €1,053 | €1,053 | = | 0.0% |
| Current assets | 29/58 | €138,854 | €163,606 | +€24,752 | +17.8% |
| Amounts receivable within one year | 40/41 | €16,353 | €14,679 | -€1,674 | -10.2% |
| Trade receivables | 40 | €8,092 | €7,834 | -€258 | -3.2% |
| Other amounts receivable | 41 | €8,261 | €6,845 | -€1,416 | -17.1% |
| Cash at bank and in hand | 54/58 | €120,704 | €147,007 | +€26,303 | +21.8% |
| Deferred charges and accrued income | 490/1 | €1,797 | €1,919 | +€122 | +6.8% |
| Total equity and liabilities | 10/49 | €157,126 | €171,569 | +€14,443 | +9.2% |
| Equity | 10/15 | €139,530 | €95,680 | -€43,849 | -31.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,530 | €75,680 | -€43,849 | -36.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €102,530 | €58,680 | -€43,849 | -42.8% |
| Amounts payable | 17/49 | €17,596 | €75,889 | +€58,293 | +331% |
| Amounts payable after more than one year | 17 | €5,465 | - | -€5,465 | |
| Financial debts | 170/4 | €5,465 | - | -€5,465 | |
| Amounts payable within one year | 42/48 | €11,896 | €73,960 | +€62,064 | +522% |
| Current portion of amounts payable after more than one year | 42 | €8,141 | €5,465 | -€2,677 | -32.9% |
| Trade debts | 44 | €1,502 | €1,496 | -€6 | -0.4% |
| Suppliers | 440/4 | €585 | €1,496 | +€911 | +156% |
| Bills of exchange payable | 441 | €917 | - | -€917 | |
| Taxes, remuneration and social security | 45 | €2,253 | €5,156 | +€2,903 | +129% |
| Taxes | 450/3 | €149 | €5,156 | +€5,007 | +3,352% |
| Remuneration and social security | 454/9 | €2,103 | - | -€2,103 | |
| Other amounts payable | 47/48 | - | €61,844 | +€61,844 | |
| Accrued charges and deferred income | 492/3 | €236 | €1,929 | +€1,693 | +718% |
| Non-recurring operating income | 76A | €145 | €199 | +€54 | +37.3% |
| Remuneration, social security and pensions | 62 | €256 | €295 | +€39 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,332 | €10,308 | +€976 | +10.5% |
| Other operating charges | 640/8 | €520 | €793 | +€273 | +52.6% |
| Gross operating margin | 9900 | €27,009 | €42,471 | +€15,462 | +57.2% |
| Operating profit (loss) | 9901 | €16,901 | €31,075 | +€14,174 | +83.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €202 | €135 | -€67 | -33.3% |
| Recurring financial charges | 65 | €202 | €135 | -€67 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €16,699 | €30,946 | +€14,247 | +85.3% |
| Income taxes | 67/77 | €5,959 | €9,697 | +€3,738 | +62.7% |
| Profit (loss) for the period | 9904 | €10,740 | €21,249 | +€10,509 | +97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,740 | €21,249 | +€10,509 | +97.8% |
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 15 October 2026 via checked.be.