CARAMALI: 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.
CARAMALI
Largest movements
- Receivables within one year +€78,220
up €78,220 (+152.1%), from €51,425 to €129,645
of which Trade receivables: +€78,220
- Cash +€13,430
up €13,430 (+6.8%), from €198,717 to €212,147
mainly Other debts (+€80,201) and Tax, wage and social debts (+€19,125)
- Tangible fixed assets -€4,307
down €4,307 (-8.5%), from €50,590 to €46,283
of which Land and buildings: -€3,653
- Other debts +€80,201
up €80,201 (+41.5%), from €193,112 to €273,314
- Trade debts -€26,766
down €26,766 (-85.9%), from €31,146 to €4,380
- Tax, wage and social debts +€19,125
up €19,125 (+384.9%), from €4,968 to €24,093
- Profit (loss) carried forward +€12,102
no longer reported in 2025 (was -€12,102)
- Gross operating margin +€33,237
up €33,237 (+346.3%), from €9,597 to €42,833
- Taxes +€5,147
up €5,147 (+63.7%), from €8,076 to €13,223
- Other operating charges +€978
up €978 (+9.9%), from €9,882 to €10,860
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 | €304,227 | €391,589 | +€87,362 | +28.7% |
| Fixed assets | 21/28 | €52,990 | €48,683 | -€4,307 | -8.1% |
| Intangible fixed assets | 21 | €2,400 | €2,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €50,590 | €46,283 | -€4,307 | -8.5% |
| Land and buildings | 22 | €49,344 | €45,692 | -€3,653 | -7.4% |
| Furniture and vehicles | 24 | €1,246 | €591 | -€655 | -52.6% |
| Current assets | 29/58 | €251,237 | €342,907 | +€91,669 | +36.5% |
| Amounts receivable within one year | 40/41 | €51,425 | €129,645 | +€78,220 | +152.1% |
| Trade receivables | 40 | €51,412 | €129,632 | +€78,220 | +152.1% |
| Other amounts receivable | 41 | €13 | €13 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €198,717 | €212,147 | +€13,430 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,095 | €1,115 | +€19 | +1.8% |
| Total equity and liabilities | 10/49 | €304,227 | €391,589 | +€87,362 | +28.7% |
| Equity | 10/15 | €75,001 | €89,802 | +€14,801 | +19.7% |
| Reserves | 13 | €87,103 | €89,802 | +€2,699 | +3.1% |
| Distributable reserves | 133 | €87,103 | €89,802 | +€2,699 | +3.1% |
| Profit (loss) carried forward | 14 | -€12,102 | - | +€12,102 | |
| Amounts payable | 17/49 | €229,226 | €301,787 | +€72,561 | +31.7% |
| Amounts payable within one year | 42/48 | €229,226 | €301,787 | +€72,561 | +31.7% |
| Trade debts | 44 | €31,146 | €4,380 | -€26,766 | -85.9% |
| Suppliers | 440/4 | €31,146 | €4,380 | -€26,766 | -85.9% |
| Taxes, remuneration and social security | 45 | €4,968 | €24,093 | +€19,125 | +384.9% |
| Taxes | 450/3 | €4,968 | €24,093 | +€19,125 | +384.9% |
| Other amounts payable | 47/48 | €193,112 | €273,314 | +€80,201 | +41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,307 | €4,307 | = | 0.0% |
| Other operating charges | 640/8 | €9,882 | €10,860 | +€978 | +9.9% |
| Gross operating margin | 9900 | €9,597 | €42,833 | +€33,237 | +346.3% |
| Operating profit (loss) | 9901 | -€4,593 | €27,666 | +€32,259 | |
| Financial income | 75/76B | €860 | €657 | -€203 | -23.6% |
| Recurring financial income | 75 | €860 | €657 | -€203 | -23.6% |
| Financial charges | 65/66B | €293 | €299 | +€6 | +1.9% |
| Recurring financial charges | 65 | €293 | €299 | +€6 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,026 | €28,024 | +€32,051 | |
| Income taxes | 67/77 | €8,076 | €13,223 | +€5,147 | +63.7% |
| Profit (loss) for the period | 9904 | -€12,102 | €14,801 | +€26,903 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,102 | €14,801 | +€26,903 |
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 7 October 2026 via checked.be.