CARACAS: 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.
CARACAS
Largest movements
- Tangible fixed assets +€36,904
up €36,904 (+37.7%), from €97,951 to €134,855
of which Land and buildings: +€41,398
- Cash +€11,278
up €11,278 (+69.4%), from €16,249 to €27,527
mainly Debts after one year (+€23,222) and Depreciation (+€12,782)
- Receivables within one year -€4,621
down €4,621 (-10.4%), from €44,548 to €39,927
of which Trade receivables: -€8,689
- Debts after one year +€23,222
up €23,222 (+264.1%), from €8,792 to €32,014
- Trade debts +€12,579
up €12,579 (+616.4%), from €2,041 to €14,619
- Current portion of long-term debt +€3,718
up €3,718 (+49.4%), from €7,521 to €11,239
- Other debts +€2,182
up €2,182 (+29.2%), from €7,463 to €9,645
- Gross operating margin -€11,562
down €11,562 (-9.6%), from €120,242 to €108,679
- Taxes -€4,868
down €4,868 (-74.8%), from €6,510 to €1,642
- Depreciation +€2,742
up €2,742 (+27.3%), from €10,039 to €12,782
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.
Cash bridge derived
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 | €162,930 | €205,881 | +€42,951 | +26.4% |
| Fixed assets | 21/28 | €100,575 | €137,479 | +€36,904 | +36.7% |
| Tangible fixed assets | 22/27 | €97,951 | €134,855 | +€36,904 | +37.7% |
| Land and buildings | 22 | €86,366 | €127,764 | +€41,398 | +47.9% |
| Furniture and vehicles | 24 | €9,904 | €5,748 | -€4,156 | -42.0% |
| Other tangible fixed assets | 26 | €1,681 | €1,343 | -€338 | -20.1% |
| Financial fixed assets | 28 | €2,624 | €2,624 | = | 0.0% |
| Current assets | 29/58 | €62,355 | €68,402 | +€6,047 | +9.7% |
| Amounts receivable within one year | 40/41 | €44,548 | €39,927 | -€4,621 | -10.4% |
| Trade receivables | 40 | €42,640 | €33,952 | -€8,689 | -20.4% |
| Other amounts receivable | 41 | €1,908 | €5,976 | +€4,068 | +213.2% |
| Cash at bank and in hand | 54/58 | €16,249 | €27,527 | +€11,278 | +69.4% |
| Deferred charges and accrued income | 490/1 | €1,558 | €948 | -€610 | -39.2% |
| Total equity and liabilities | 10/49 | €162,930 | €205,881 | +€42,951 | +26.4% |
| Equity | 10/15 | €119,362 | €120,403 | +€1,041 | +0.9% |
| Contributions | 10/11 | €7,734 | €7,734 | = | 0.0% |
| Reserves | 13 | €1,934 | €2,974 | +€1,041 | +53.8% |
| Distributable reserves | 133 | €1,934 | €2,974 | +€1,041 | +53.8% |
| Profit (loss) carried forward | 14 | €109,694 | €109,694 | = | 0.0% |
| Amounts payable | 17/49 | €43,568 | €85,478 | +€41,910 | +96.2% |
| Amounts payable after more than one year | 17 | €8,792 | €32,014 | +€23,222 | +264.1% |
| Financial debts | 170/4 | €8,792 | €32,014 | +€23,222 | +264.1% |
| Amounts payable within one year | 42/48 | €34,776 | €53,464 | +€18,688 | +53.7% |
| Current portion of amounts payable after more than one year | 42 | €7,521 | €11,239 | +€3,718 | +49.4% |
| Trade debts | 44 | €2,041 | €14,619 | +€12,579 | +616.4% |
| Suppliers | 440/4 | €2,041 | €14,619 | +€12,579 | +616.4% |
| Taxes, remuneration and social security | 45 | €17,751 | €17,960 | +€209 | +1.2% |
| Taxes | 450/3 | €10,400 | €6,269 | -€4,130 | -39.7% |
| Remuneration and social security | 454/9 | €7,351 | €11,691 | +€4,340 | +59.0% |
| Other amounts payable | 47/48 | €7,463 | €9,645 | +€2,182 | +29.2% |
| Remuneration, social security and pensions | 62 | €89,107 | €89,872 | +€765 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,039 | €12,782 | +€2,742 | +27.3% |
| Other operating charges | 640/8 | €1,445 | €1,195 | -€250 | -17.3% |
| Non-recurring operating charges | 66A | €979 | - | -€979 | |
| Gross operating margin | 9900 | €120,242 | €108,679 | -€11,562 | -9.6% |
| Operating profit (loss) | 9901 | €18,671 | €4,831 | -€13,841 | -74.1% |
| Financial charges | 65/66B | €1,598 | €2,148 | +€550 | +34.4% |
| Recurring financial charges | 65 | €1,598 | €2,148 | +€550 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €17,074 | €2,683 | -€14,391 | -84.3% |
| Income taxes | 67/77 | €6,510 | €1,642 | -€4,868 | -74.8% |
| Profit (loss) for the period | 9904 | €10,564 | €1,041 | -€9,523 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,564 | €1,041 | -€9,523 | -90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.