CAR-ALEBEN: 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.
CAR-ALEBEN
Largest movements
- Cash +€59,407
up €59,407 (+15.5%), from €384,202 to €443,609
mainly Net result for the year (+€42,847) and Depreciation (+€14,385)
- Tangible fixed assets -€8,793
down €8,793 (-29.8%), from €29,532 to €20,739
of which Land and buildings: -€12,760
- Profit (loss) carried forward +€24,869
no longer reported in 2025 (was -€24,869)
- Reserves +€17,977
new in 2025: €17,977
- Other debts +€8,400
up €8,400 (+9.9%), from €85,003 to €93,403
- Turnover -€66,172
no longer reported in 2025 (was €66,172)
- Gross operating margin +€8,423
up €8,423 (+13.9%), from €60,805 to €69,228
- Purchases and services -€5,366
no longer reported in 2025 (was €5,366)
- Other operating charges +€1,259
up €1,259 (+190%), from €663 to €1,922
- Financial income +€800
up €800 (+61.2%), from €1,308 to €2,108
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 | €413,734 | €464,980 | +€51,247 | +12.4% |
| Fixed assets | 21/28 | €29,532 | €20,739 | -€8,793 | -29.8% |
| Tangible fixed assets | 22/27 | €29,532 | €20,739 | -€8,793 | -29.8% |
| Land and buildings | 22 | €23,032 | €10,272 | -€12,760 | -55.4% |
| Furniture and vehicles | 24 | €6,500 | €4,875 | -€1,625 | -25.0% |
| Other tangible fixed assets | 26 | - | €5,592 | +€5,592 | |
| Current assets | 29/58 | €384,202 | €444,241 | +€60,040 | +15.6% |
| Amounts receivable within one year | 40/41 | - | €632 | +€632 | |
| Other amounts receivable | 41 | - | €632 | +€632 | |
| Cash at bank and in hand | 54/58 | €384,202 | €443,609 | +€59,407 | +15.5% |
| Total equity and liabilities | 10/49 | €413,734 | €464,980 | +€51,247 | +12.4% |
| Equity | 10/15 | €175,131 | €217,977 | +€42,847 | +24.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | - | €17,977 | +€17,977 | |
| Non-distributable reserves | 130/1 | - | €17,977 | +€17,977 | |
| Legal reserve | 130 | - | €17,977 | +€17,977 | |
| Profit (loss) carried forward | 14 | -€24,869 | - | +€24,869 | |
| Amounts payable | 17/49 | €238,603 | €247,003 | +€8,400 | +3.5% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,603 | €97,003 | +€8,400 | +9.5% |
| Taxes, remuneration and social security | 45 | €3,600 | €3,600 | = | 0.0% |
| Taxes | 450/3 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €85,003 | €93,403 | +€8,400 | +9.9% |
| Turnover | 70 | €66,172 | - | -€66,172 | |
| Non-recurring operating income | 76A | €1 | - | -€1 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,366 | - | -€5,366 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,775 | €14,385 | +€610 | +4.4% |
| Other operating charges | 640/8 | €663 | €1,922 | +€1,259 | +190% |
| Gross operating margin | 9900 | €60,805 | €69,228 | +€8,423 | +13.9% |
| Operating profit (loss) | 9901 | €46,367 | €52,922 | +€6,554 | +14.1% |
| Financial income | 75/76B | €1,308 | €2,108 | +€800 | +61.2% |
| Recurring financial income | 75 | €1,308 | €2,108 | +€800 | +61.2% |
| Financial charges | 65/66B | €12,090 | €12,183 | +€93 | +0.8% |
| Recurring financial charges | 65 | €12,090 | €12,183 | +€93 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €35,585 | €42,847 | +€7,261 | +20.4% |
| Profit (loss) for the period | 9904 | €35,585 | €42,847 | +€7,261 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,585 | €42,847 | +€7,261 | +20.4% |
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.