CARA MANAGEMENT: what changed
Two fiscal 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 MANAGEMENT
Largest movements
- Cash -€114,588
down €114,588 (-8.1%), from €1.4m to €1.3m
mainly Contributions, distributions and other (-€300,000) and Investment in fixed assets (net) (-€53,086)
- Tangible fixed assets +€48,662
new in 2024: €48,662
- Receivables within one year -€41,294
down €41,294 (-2.9%), from €1.4m to €1.4m
of which Other amounts receivable: -€41,336
- Reserves -€210,000
down €210,000 (-18.2%), from €1.2m to €941,860
of which Non-distributable reserves: -€210,000
- Other debts +€85,000
up €85,000 (+42.5%), from €200,000 to €285,000
- Financial income -€1.3m
down €1.3m (-100.0%), from €1.3m to €3
- Gross operating margin +€38,437
up €38,437 (+38.9%), from €98,859 to €137,296
- Taxes +€18,231
up €18,231 (+92.4%), from €19,736 to €37,967
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,659,376 | €3,552,156 | -€107,220 | -2.9% |
| Fixed assets | 21/28 | €830,000 | €878,662 | +€48,662 | +5.9% |
| Tangible fixed assets | 22/27 | - | €48,662 | +€48,662 | |
| Furniture and vehicles | 24 | - | €48,662 | +€48,662 | |
| Financial fixed assets | 28 | €830,000 | €830,000 | = | 0.0% |
| Current assets | 29/58 | €2,829,376 | €2,673,494 | -€155,882 | -5.5% |
| Amounts receivable within one year | 40/41 | €1,408,498 | €1,367,204 | -€41,294 | -2.9% |
| Trade receivables | 40 | €25,166 | €25,208 | +€42 | +0.2% |
| Other amounts receivable | 41 | €1,383,332 | €1,341,996 | -€41,336 | -3.0% |
| Cash at bank and in hand | 54/58 | €1,420,878 | €1,306,290 | -€114,588 | -8.1% |
| Total equity and liabilities | 10/49 | €3,659,376 | €3,552,156 | -€107,220 | -2.9% |
| Equity | 10/15 | €3,424,897 | €3,218,885 | -€206,012 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,151,860 | €941,860 | -€210,000 | -18.2% |
| Non-distributable reserves | 130/1 | €1,051,860 | €841,860 | -€210,000 | -20.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,050,000 | €840,000 | -€210,000 | -20.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,254,437 | €2,258,425 | +€3,988 | +0.2% |
| Amounts payable | 17/49 | €234,479 | €333,271 | +€98,792 | +42.1% |
| Amounts payable within one year | 42/48 | €234,479 | €333,271 | +€98,792 | +42.1% |
| Trade debts | 44 | €648 | €817 | +€169 | +26.1% |
| Suppliers | 440/4 | €648 | €817 | +€169 | +26.1% |
| Taxes, remuneration and social security | 45 | €33,831 | €47,454 | +€13,623 | +40.3% |
| Taxes | 450/3 | €33,831 | €47,454 | +€13,623 | +40.3% |
| Other amounts payable | 47/48 | €200,000 | €285,000 | +€85,000 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,804 | €4,424 | -€380 | -7.9% |
| Other operating charges | 640/8 | €705 | €734 | +€29 | +4.1% |
| Gross operating margin | 9900 | €98,859 | €137,296 | +€38,437 | +38.9% |
| Operating profit (loss) | 9901 | €93,350 | €132,138 | +€38,788 | +41.6% |
| Financial income | 75/76B | €1,253,252 | €3 | -€1.3m | -100.0% |
| Recurring financial income | 75 | €1,253,252 | €3 | -€1.3m | -100.0% |
| Financial charges | 65/66B | €126 | €185 | +€59 | +47.0% |
| Recurring financial charges | 65 | €126 | €185 | +€59 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €1,346,476 | €131,955 | -€1.2m | -90.2% |
| Income taxes | 67/77 | €19,736 | €37,967 | +€18,231 | +92.4% |
| Profit (loss) for the period | 9904 | €1,326,740 | €93,988 | -€1.2m | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,326,740 | €93,988 | -€1.2m | -92.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.