Caramel Consulting: 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.
What changed
Caramel Consulting
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€86,761
2024 · €44,894+€41,867
Equity
€279,323
2024 · €236,804+€42,518
Cash
€25,024
2024 · €10,464+€14,561
Balance sheet total
€1.8m
2024 · €1.7m+€75,158
Largest movements
Assets
- Receivables after one year +€31,500
up €31,500 (+6.9%), from €459,400 to €490,900
Equity and liabilities
- Other debts +€73,923
up €73,923 (+55.4%), from €133,487 to €207,411
- Debts after one year -€45,601
down €45,601 (-4.6%), from €985,371 to €939,770
of which Financial debts: -€45,601
- Reserves +€42,518
up €42,518 (+19.1%), from €222,764 to €265,282
of which Distributable reserves: +€42,518
Income statement
- Gross operating margin +€40,554
up €40,554 (+47.8%), from €84,889 to €125,443
- Financial income +€12,510
up €12,510 (+51.1%), from €24,480 to €36,990
- Taxes +€11,692
up €11,692 (+78.2%), from €14,943 to €26,636
- Staff costs -€2,965
no longer reported in 2025 (was €2,965)
- Financial charges +€1,829
up €1,829 (+28.4%), from €6,433 to €8,262
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.
Result 2024
€44,894
Gross operating margin
+€40,554
Staff costs
+€2,965
Depreciation
-€287
Other operating charges
-€354
Financial income
+€12,510
Financial charges
-€1,829
Taxes
-€11,692
Result 2025
€86,761
raises the resultlowers the result
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.
From operations
+€154,624
Investment
-€51,019
Financing
-€89,044
Cash 2024
€10,464
From operations (derived)
+€154,624
Net result for the year
+€86,761
Depreciation
+€38,159
Receivables after one year
-€31,500
Stocks and contracts
-€6,439
Receivables within one year
+€5,566
Deferred charges and accrued income
-€15,366
Trade debts
+€1,991
Tax, wage and social debts
+€321
Other debts
+€73,923
Accrued charges and deferred income
+€1,205
Investment (derived)
-€51,019
Investment in fixed assets (net)
-€51,019
Financing
-€89,044
Debts after one year
-€45,601
Current portion of long-term debt
+€799
Contributions, distributions and other
-€44,242
Cash 2025
€25,024
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,685,141 | €1,760,299 | +€75,158 | +4.5% |
| Fixed assets | 21/28 | €1,135,961 | €1,148,821 | +€12,860 | +1.1% |
| Tangible fixed assets | 22/27 | €927,702 | €940,562 | +€12,860 | +1.4% |
| Land and buildings | 22 | €876,759 | €896,973 | +€20,214 | +2.3% |
| Plant, machinery and equipment | 23 | €4,092 | €3,018 | -€1,074 | -26.2% |
| Furniture and vehicles | 24 | €31,892 | €25,722 | -€6,170 | -19.3% |
| Other tangible fixed assets | 26 | €14,959 | €14,849 | -€110 | -0.7% |
| Financial fixed assets | 28 | €208,259 | €208,259 | = | 0.0% |
| Current assets | 29/58 | €549,180 | €611,478 | +€62,298 | +11.3% |
| Amounts receivable after more than one year | 29 | €459,400 | €490,900 | +€31,500 | +6.9% |
| Other amounts receivable | 291 | €459,400 | €490,900 | +€31,500 | +6.9% |
| Stocks and contracts in progress | 3 | - | €6,439 | +€6,439 | |
| Stocks | 30/36 | - | €6,439 | +€6,439 | |
| Amounts receivable within one year | 40/41 | €75,101 | €69,534 | -€5,566 | -7.4% |
| Trade receivables | 40 | €72,361 | €66,794 | -€5,566 | -7.7% |
| Other amounts receivable | 41 | €2,740 | €2,740 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,464 | €25,024 | +€14,561 | +139% |
| Deferred charges and accrued income | 490/1 | €4,216 | €19,581 | +€15,366 | +364% |
| Total equity and liabilities | 10/49 | €1,685,141 | €1,760,299 | +€75,158 | +4.5% |
| Equity | 10/15 | €236,804 | €279,323 | +€42,518 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €222,764 | €265,282 | +€42,518 | +19.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €220,904 | €263,422 | +€42,518 | +19.2% |
| Profit (loss) carried forward | 14 | €7,840 | €7,840 | = | 0.0% |
| Amounts payable | 17/49 | €1,448,336 | €1,480,976 | +€32,640 | +2.3% |
| Amounts payable after more than one year | 17 | €985,371 | €939,770 | -€45,601 | -4.6% |
| Financial debts | 170/4 | €433,510 | €387,909 | -€45,601 | -10.5% |
| Other amounts payable | 178/9 | €551,862 | €551,862 | = | 0.0% |
| Amounts payable within one year | 42/48 | €462,965 | €540,000 | +€77,035 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €50,690 | €51,489 | +€799 | +1.6% |
| Trade debts | 44 | €247,470 | €249,461 | +€1,991 | +0.8% |
| Suppliers | 440/4 | €247,470 | €249,461 | +€1,991 | +0.8% |
| Taxes, remuneration and social security | 45 | €31,319 | €31,640 | +€321 | +1.0% |
| Taxes | 450/3 | €28,591 | €29,040 | +€449 | +1.6% |
| Remuneration and social security | 454/9 | €2,728 | €2,600 | -€128 | -4.7% |
| Other amounts payable | 47/48 | €133,487 | €207,411 | +€73,923 | +55.4% |
| Accrued charges and deferred income | 492/3 | - | €1,205 | +€1,205 | |
| Remuneration, social security and pensions | 62 | €2,965 | - | -€2,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,872 | €38,159 | +€287 | +0.8% |
| Other operating charges | 640/8 | €2,261 | €2,615 | +€354 | +15.6% |
| Gross operating margin | 9900 | €84,889 | €125,443 | +€40,554 | +47.8% |
| Operating profit (loss) | 9901 | €41,790 | €84,668 | +€42,878 | +103% |
| Financial income | 75/76B | €24,480 | €36,990 | +€12,510 | +51.1% |
| Recurring financial income | 75 | €24,480 | €36,990 | +€12,510 | +51.1% |
| Financial charges | 65/66B | €6,433 | €8,262 | +€1,829 | +28.4% |
| Recurring financial charges | 65 | €6,433 | €8,262 | +€1,829 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €59,837 | €113,397 | +€53,560 | +89.5% |
| Income taxes | 67/77 | €14,943 | €26,636 | +€11,692 | +78.2% |
| Profit (loss) for the period | 9904 | €44,894 | €86,761 | +€41,867 | +93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,894 | €86,761 | +€41,867 | +93.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.