C@RLITO'S WAY: 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@RLITO'S WAY
Largest movements
- Cash -€45,436
down €45,436 (-47.0%), from €96,661 to €51,225
mainly Net result for the year (-€30,402) and Debts after one year (-€29,446)
- Tangible fixed assets -€7,051
down €7,051 (-3.7%), from €189,158 to €182,107
of which Land and buildings: -€7,735
- Receivables within one year -€4,112
down €4,112 (-29.6%), from €13,913 to €9,800
of which Trade receivables: -€8,980
- Profit (loss) carried forward -€30,402
down €30,402 (-41.5%), from €73,316 to €42,914
- Debts after one year -€29,446
down €29,446 (-29.9%), from €98,386 to €68,940
- Other debts +€5,774
up €5,774 (+7.2%), from €79,890 to €85,664
- Gross operating margin -€99,353
down €99,353, from €84,710 to -€14,642
- Taxes -€14,480
down €14,480 (-99.1%), from €14,612 to €132
- Financial charges -€990
down €990 (-18.9%), from €5,239 to €4,249
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 | €303,434 | €247,566 | -€55,868 | -18.4% |
| Fixed assets | 21/28 | €189,208 | €182,157 | -€7,051 | -3.7% |
| Tangible fixed assets | 22/27 | €189,158 | €182,107 | -€7,051 | -3.7% |
| Land and buildings | 22 | €187,269 | €179,533 | -€7,735 | -4.1% |
| Furniture and vehicles | 24 | €1,889 | €2,574 | +€684 | +36.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €114,226 | €65,409 | -€48,817 | -42.7% |
| Amounts receivable within one year | 40/41 | €13,913 | €9,800 | -€4,112 | -29.6% |
| Trade receivables | 40 | €11,993 | €3,013 | -€8,980 | -74.9% |
| Other amounts receivable | 41 | €1,919 | €6,787 | +€4,868 | +254% |
| Cash at bank and in hand | 54/58 | €96,661 | €51,225 | -€45,436 | -47.0% |
| Deferred charges and accrued income | 490/1 | €3,653 | €4,384 | +€732 | +20.0% |
| Total equity and liabilities | 10/49 | €303,434 | €247,566 | -€55,868 | -18.4% |
| Equity | 10/15 | €99,045 | €68,643 | -€30,402 | -30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,129 | €7,129 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,269 | €5,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,316 | €42,914 | -€30,402 | -41.5% |
| Amounts payable | 17/49 | €204,390 | €178,924 | -€25,466 | -12.5% |
| Amounts payable after more than one year | 17 | €98,386 | €68,940 | -€29,446 | -29.9% |
| Financial debts | 170/4 | €98,386 | €68,940 | -€29,446 | -29.9% |
| Amounts payable within one year | 42/48 | €105,756 | €109,384 | +€3,627 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €11,709 | €9,774 | -€1,935 | -16.5% |
| Trade debts | 44 | €5,829 | €3,832 | -€1,997 | -34.3% |
| Suppliers | 440/4 | €5,829 | €3,832 | -€1,997 | -34.3% |
| Taxes, remuneration and social security | 45 | €8,328 | €10,113 | +€1,785 | +21.4% |
| Taxes | 450/3 | €2,928 | €4,113 | +€1,185 | +40.5% |
| Remuneration and social security | 454/9 | €5,400 | €6,000 | +€600 | +11.1% |
| Other amounts payable | 47/48 | €79,890 | €85,664 | +€5,774 | +7.2% |
| Accrued charges and deferred income | 492/3 | €247 | €600 | +€353 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,664 | €8,913 | +€249 | +2.9% |
| Other operating charges | 640/8 | €2,190 | €2,466 | +€276 | +12.6% |
| Gross operating margin | 9900 | €84,710 | -€14,642 | -€99,353 | |
| Operating profit (loss) | 9901 | €73,857 | -€26,021 | -€99,878 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €5,239 | €4,249 | -€990 | -18.9% |
| Recurring financial charges | 65 | €5,239 | €4,249 | -€990 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €68,618 | -€30,270 | -€98,888 | |
| Income taxes | 67/77 | €14,612 | €132 | -€14,480 | -99.1% |
| Profit (loss) for the period | 9904 | €54,006 | -€30,402 | -€84,408 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,006 | -€30,402 | -€84,408 |
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 1 November 2026 via checked.be.