CARA HOUSE: 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.
CARA HOUSE
Largest movements
- Stocks and contracts -€259,320
no longer reported in 2025 (was €259,320)
- Cash -€20,413
down €20,413 (-83.0%), from €24,592 to €4,178
mainly Debts after one year (-€245,718) and Other debts (-€50,000)
- Receivables within one year -€9,289
down €9,289 (-9.8%), from €94,850 to €85,561
of which Trade receivables: -€8,471
- Debts after one year -€245,718
down €245,718 (-98.7%), from €249,080 to €3,362
- Other debts -€50,000
down €50,000 (-66.7%), from €75,000 to €25,000
- Tax, wage and social debts +€15,169
up €15,169 (+645%), from €2,352 to €17,521
of which Taxes: +€16,569
- Trade debts -€7,529
down €7,529 (-70.3%), from €10,717 to €3,188
- Other operating charges -€9,765
down €9,765 (-83.9%), from €11,638 to €1,873
- Financial charges +€7,505
up €7,505 (+149%), from €5,045 to €12,550
of which Financial charges: +€7,979
- Gross operating margin -€5,610
down €5,610 (-20.1%), from €27,926 to €22,315
- Depreciation +€664
up €664 (+7.9%), from €8,442 to €9,106
- Taxes -€557
down €557 (-58.6%), from €952 to €395
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 | €399,946 | €113,018 | -€286,928 | -71.7% |
| Fixed assets | 21/28 | €20,121 | €21,150 | +€1,029 | +5.1% |
| Intangible fixed assets | 21 | €4,857 | €3,355 | -€1,502 | -30.9% |
| Tangible fixed assets | 22/27 | €15,039 | €17,571 | +€2,532 | +16.8% |
| Plant, machinery and equipment | 23 | €7,559 | €4,392 | -€3,167 | -41.9% |
| Furniture and vehicles | 24 | €7,481 | €13,179 | +€5,698 | +76.2% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €379,825 | €91,867 | -€287,958 | -75.8% |
| Stocks and contracts in progress | 3 | €259,320 | - | -€259,320 | |
| Stocks | 30/36 | €259,320 | - | -€259,320 | |
| Amounts receivable within one year | 40/41 | €94,850 | €85,561 | -€9,289 | -9.8% |
| Trade receivables | 40 | €89,532 | €81,061 | -€8,471 | -9.5% |
| Other amounts receivable | 41 | €5,318 | €4,500 | -€818 | -15.4% |
| Cash at bank and in hand | 54/58 | €24,592 | €4,178 | -€20,413 | -83.0% |
| Deferred charges and accrued income | 490/1 | €1,063 | €2,128 | +€1,065 | +100% |
| Total equity and liabilities | 10/49 | €399,946 | €113,018 | -€286,928 | -71.7% |
| Equity | 10/15 | €62,798 | €61,218 | -€1,580 | -2.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,548 | €54,968 | -€1,580 | -2.8% |
| Amounts payable | 17/49 | €337,148 | €51,800 | -€285,349 | -84.6% |
| Amounts payable after more than one year | 17 | €249,080 | €3,362 | -€245,718 | -98.7% |
| Financial debts | 170/4 | €249,080 | €3,362 | -€245,718 | -98.7% |
| Amounts payable within one year | 42/48 | €88,069 | €48,438 | -€39,631 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,730 | +€2,730 | |
| Trade debts | 44 | €10,717 | €3,188 | -€7,529 | -70.3% |
| Suppliers | 440/4 | €10,717 | €3,188 | -€7,529 | -70.3% |
| Taxes, remuneration and social security | 45 | €2,352 | €17,521 | +€15,169 | +645% |
| Taxes | 450/3 | €952 | €17,521 | +€16,569 | +1,740% |
| Remuneration and social security | 454/9 | €1,400 | - | -€1,400 | |
| Other amounts payable | 47/48 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,442 | €9,106 | +€664 | +7.9% |
| Other operating charges | 640/8 | €11,638 | €1,873 | -€9,765 | -83.9% |
| Non-recurring operating charges | 66A | €2,020 | - | -€2,020 | |
| Gross operating margin | 9900 | €27,926 | €22,315 | -€5,610 | -20.1% |
| Operating profit (loss) | 9901 | €5,825 | €11,336 | +€5,510 | +94.6% |
| Financial income | 75/76B | €40 | €29 | -€11 | -26.6% |
| Recurring financial income | 75 | €40 | €29 | -€11 | -26.6% |
| Financial charges | 65/66B | €5,045 | €12,550 | +€7,505 | +149% |
| Recurring financial charges | 65 | €4,572 | €12,550 | +€7,979 | +175% |
| Non-recurring financial charges | 66B | €474 | - | -€474 | |
| Profit (loss) for the period before taxes | 9903 | €820 | -€1,185 | -€2,006 | |
| Income taxes | 67/77 | €952 | €395 | -€557 | -58.6% |
| Profit (loss) for the period | 9904 | -€132 | -€1,580 | -€1,448 | -1,101% |
| Profit (loss) for the period to be appropriated | 9905 | -€132 | -€1,580 | -€1,448 | -1,101% |
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 28 October 2026 via checked.be.