CARAS: 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.
CARAS
Largest movements
- Cash -€12,568
down €12,568 (-94.8%), from €13,261 to €694
mainly Accrued charges and deferred income (-€8,804) and Net result for the year (-€6,320)
- Receivables within one year -€768
no longer reported in 2025 (was €768)
- Accrued charges and deferred income -€8,804
no longer reported in 2025 (was €8,804)
- Profit (loss) carried forward -€6,320
down €6,320 (-27.4%), from -€23,098 to -€29,418
- Other debts +€1,735
up €1,735 (+22.0%), from €7,872 to €9,607
- Gross operating margin -€10,053
down €10,053, from €3,873 to -€6,180
- Other operating charges -€200
down €200 (-58.7%), from €340 to €140
- Financial charges -€173
no longer reported in 2025 (was €173)
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 | €14,029 | €694 | -€13,336 | -95.1% |
| Current assets | 29/58 | €14,029 | €694 | -€13,336 | -95.1% |
| Amounts receivable within one year | 40/41 | €768 | - | -€768 | |
| Other amounts receivable | 41 | €768 | - | -€768 | |
| Cash at bank and in hand | 54/58 | €13,261 | €694 | -€12,568 | -94.8% |
| Total equity and liabilities | 10/49 | €14,029 | €694 | -€13,336 | -95.1% |
| Equity | 10/15 | -€2,647 | -€8,967 | -€6,320 | -238.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,098 | -€29,418 | -€6,320 | -27.4% |
| Amounts payable | 17/49 | €16,676 | €9,661 | -€7,016 | -42.1% |
| Amounts payable within one year | 42/48 | €7,872 | €9,661 | +€1,789 | +22.7% |
| Trade debts | 44 | - | €54 | +€54 | |
| Suppliers | 440/4 | - | €54 | +€54 | |
| Other amounts payable | 47/48 | €7,872 | €9,607 | +€1,735 | +22.0% |
| Accrued charges and deferred income | 492/3 | €8,804 | - | -€8,804 | |
| Other operating charges | 640/8 | €340 | €140 | -€200 | -58.7% |
| Gross operating margin | 9900 | €3,873 | -€6,180 | -€10,053 | |
| Operating profit (loss) | 9901 | €3,533 | -€6,320 | -€9,853 | |
| Financial charges | 65/66B | €173 | - | -€173 | |
| Recurring financial charges | 65 | €173 | - | -€173 | |
| Profit (loss) for the period before taxes | 9903 | €3,360 | -€6,320 | -€9,680 | |
| Profit (loss) for the period | 9904 | €3,360 | -€6,320 | -€9,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,360 | -€6,320 | -€9,680 |
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 4 October 2026 via checked.be.