CARAT INFO: 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.
CARAT INFO
Largest movements
- Receivables within one year +€8,010
up €8,010 (+122%), from €6,542 to €14,553
of which Trade receivables: +€7,588
- Tangible fixed assets -€4,455
down €4,455 (-20.0%), from €22,284 to €17,829
of which Plant, machinery and equipment: -€4,309
- Cash +€4,324
up €4,324 (+29.7%), from €14,550 to €18,874
mainly Other debts (+€13,602) and Depreciation (+€6,189)
- Intangible fixed assets +€3,474
new in 2025: €3,474
- Other debts +€13,602
up €13,602 (+44.6%), from €30,475 to €44,078
- Trade debts -€2,062
down €2,062 (-48.2%), from €4,276 to €2,214
- Provisions +€4,958
no longer reported in 2025 (was -€4,958)
- Gross operating margin +€2,446
up €2,446 (+48.6%), from €5,032 to €7,478
- Depreciation -€1,288
down €1,288 (-17.2%), from €7,477 to €6,189
- Other operating charges -€770
down €770 (-57.3%), from €1,344 to €574
- Taxes -€757
down €757, from €485 to -€272
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,563 | €62,159 | +€11,596 | +22.9% |
| Fixed assets | 21/28 | €22,829 | €21,848 | -€981 | -4.3% |
| Intangible fixed assets | 21 | - | €3,474 | +€3,474 | |
| Tangible fixed assets | 22/27 | €22,284 | €17,829 | -€4,455 | -20.0% |
| Plant, machinery and equipment | 23 | €19,150 | €14,841 | -€4,309 | -22.5% |
| Furniture and vehicles | 24 | €3,134 | €2,988 | -€146 | -4.7% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €27,734 | €40,311 | +€12,577 | +45.3% |
| Stocks and contracts in progress | 3 | €6,642 | €6,885 | +€243 | +3.7% |
| Stocks | 30/36 | €6,642 | €6,885 | +€243 | +3.7% |
| Amounts receivable within one year | 40/41 | €6,542 | €14,553 | +€8,010 | +122% |
| Trade receivables | 40 | €6,542 | €14,131 | +€7,588 | +116% |
| Other amounts receivable | 41 | - | €422 | +€422 | |
| Cash at bank and in hand | 54/58 | €14,550 | €18,874 | +€4,324 | +29.7% |
| Total equity and liabilities | 10/49 | €50,563 | €62,159 | +€11,596 | +22.9% |
| Equity | 10/15 | €6,807 | €7,081 | +€274 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,653 | -€13,379 | +€274 | +2.0% |
| Amounts payable | 17/49 | €43,756 | €55,078 | +€11,322 | +25.9% |
| Amounts payable within one year | 42/48 | €39,943 | €51,089 | +€11,146 | +27.9% |
| Trade debts | 44 | €4,276 | €2,214 | -€2,062 | -48.2% |
| Suppliers | 440/4 | €4,276 | €2,214 | -€2,062 | -48.2% |
| Taxes, remuneration and social security | 45 | €5,191 | €4,797 | -€394 | -7.6% |
| Taxes | 450/3 | €5,191 | €4,797 | -€394 | -7.6% |
| Other amounts payable | 47/48 | €30,475 | €44,078 | +€13,602 | +44.6% |
| Accrued charges and deferred income | 492/3 | €3,813 | €3,989 | +€176 | +4.6% |
| Non-recurring operating income | 76A | - | €1,007 | +€1,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,477 | €6,189 | -€1,288 | -17.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,958 | - | +€4,958 | |
| Other operating charges | 640/8 | €1,344 | €574 | -€770 | -57.3% |
| Gross operating margin | 9900 | €5,032 | €7,478 | +€2,446 | +48.6% |
| Operating profit (loss) | 9901 | €1,170 | €715 | -€454 | -38.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +3.4% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +3.4% |
| Financial charges | 65/66B | €1,255 | €715 | -€541 | -43.1% |
| Recurring financial charges | 65 | €1,255 | €715 | -€541 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€84 | €2 | +€86 | |
| Income taxes | 67/77 | €485 | -€272 | -€757 | |
| Profit (loss) for the period | 9904 | -€569 | €274 | +€843 | |
| Profit (loss) for the period to be appropriated | 9905 | -€569 | €274 | +€843 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.