CAR-PASS: 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-PASS
Largest movements
- Receivables within one year +€283,148
up €283,148 (+70.2%), from €403,109 to €686,257
of which Trade receivables: +€168,623
- Cash +€126,545
up €126,545 (+17.2%), from €736,252 to €862,797
mainly Depreciation (+€336,568) and Net result for the year (+€227,858)
- Profit (loss) carried forward +€227,858
up €227,858 (+9.8%), from €2.3m to €2.6m
- Trade debts +€221,691
up €221,691 (+72.5%), from €305,902 to €527,593
- Turnover +€224,162
up €224,162 (+3.7%), from €6.1m to €6.3m
- Purchases and services +€175,653
up €175,653 (+4.0%), from €4.4m to €4.6m
- Staff costs +€117,420
up €117,420 (+11.7%), from €1.0m to €1.1m
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 | €4,469,480 | €4,913,768 | +€444,288 | +9.9% |
| Fixed assets | 21/28 | €502,908 | €546,025 | +€43,117 | +8.6% |
| Intangible fixed assets | 21 | €491,510 | €523,224 | +€31,715 | +6.5% |
| Tangible fixed assets | 22/27 | €11,398 | €22,801 | +€11,402 | +100% |
| Plant, machinery and equipment | 23 | €5,484 | €1,402 | -€4,082 | -74.4% |
| Furniture and vehicles | 24 | €5,914 | €21,399 | +€15,484 | +262% |
| Current assets | 29/58 | €3,966,572 | €4,367,743 | +€401,171 | +10.1% |
| Amounts receivable within one year | 40/41 | €403,109 | €686,257 | +€283,148 | +70.2% |
| Trade receivables | 40 | €403,109 | €571,732 | +€168,623 | +41.8% |
| Other amounts receivable | 41 | €0 | €114,525 | +€114,525 | |
| Current investments | 50/53 | €2,769,097 | €2,769,337 | +€240 | 0.0% |
| Cash at bank and in hand | 54/58 | €736,252 | €862,797 | +€126,545 | +17.2% |
| Deferred charges and accrued income | 490/1 | €58,115 | €49,353 | -€8,762 | -15.1% |
| Total equity and liabilities | 10/49 | €4,469,480 | €4,913,768 | +€444,288 | +9.9% |
| Equity | 10/15 | €3,949,736 | €4,177,594 | +€227,858 | +5.8% |
| Reserves | 13 | €1,614,705 | €1,614,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,335,031 | €2,562,889 | +€227,858 | +9.8% |
| Amounts payable | 17/49 | €519,744 | €736,173 | +€216,429 | +41.6% |
| Amounts payable within one year | 42/48 | €511,411 | €731,304 | +€219,893 | +43.0% |
| Financial debts | 43 | €2,777 | €723 | -€2,054 | -74.0% |
| Credit institutions | 430/8 | €2,777 | €723 | -€2,054 | -74.0% |
| Trade debts | 44 | €305,902 | €527,593 | +€221,691 | +72.5% |
| Suppliers | 440/4 | €305,902 | €527,593 | +€221,691 | +72.5% |
| Taxes, remuneration and social security | 45 | €202,732 | €202,988 | +€256 | +0.1% |
| Taxes | 450/3 | €15,247 | €14,571 | -€676 | -4.4% |
| Remuneration and social security | 454/9 | €187,485 | €188,417 | +€933 | +0.5% |
| Accrued charges and deferred income | 492/3 | €8,333 | €4,869 | -€3,464 | -41.6% |
| Turnover | 70 | €6,057,237 | €6,281,400 | +€224,162 | +3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,426,103 | €4,601,756 | +€175,653 | +4.0% |
| Remuneration, social security and pensions | 62 | €1,006,494 | €1,123,914 | +€117,420 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398,601 | €336,568 | -€62,033 | -15.6% |
| Other operating charges | 640/8 | €14,430 | €14,564 | +€133 | +0.9% |
| Gross operating margin | 9900 | €1,654,529 | €1,700,477 | +€45,948 | +2.8% |
| Operating profit (loss) | 9901 | €235,003 | €225,431 | -€9,572 | -4.1% |
| Financial income | 75/76B | €39,779 | €14,293 | -€25,486 | -64.1% |
| Recurring financial income | 75 | €39,779 | €14,293 | -€25,486 | -64.1% |
| Financial charges | 65/66B | -€54,237 | €6,799 | +€61,036 | |
| Recurring financial charges | 65 | -€54,237 | €6,799 | +€61,036 | |
| Profit (loss) for the period before taxes | 9903 | €329,019 | €232,926 | -€96,093 | -29.2% |
| Income taxes | 67/77 | €11,365 | €5,067 | -€6,298 | -55.4% |
| Profit (loss) for the period | 9904 | €317,654 | €227,858 | -€89,796 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €317,654 | €227,858 | -€89,796 | -28.3% |
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 19 October 2026 via checked.be.