CARAX Consulting: what changed
CARAX Consulting
Largest movements
- Current investments +€39,618
up €39,618 (+264%), from €15,000 to €54,618
- Cash +€36,644
up €36,644 (+46.8%), from €78,296 to €114,940
mainly Net result for the year (+€83,166) and Receivables within one year (+€32,142)
- Receivables within one year -€32,142
down €32,142 (-40.8%), from €78,721 to €46,579
of which Trade receivables: -€17,142
- Tangible fixed assets +€12,138
up €12,138 (+5.7%), from €213,401 to €225,539
of which Furniture and vehicles: +€15,932
- Reserves +€83,166
up €83,166 (+42.9%), from €194,049 to €277,214
- Tax, wage and social debts -€24,070
down €24,070 (-37.0%), from €65,010 to €40,940
- Provisions -€8,518
down €8,518 (-7.2%), from €117,620 to €109,101
- Other debts +€6,211
up €6,211 (+156%), from €3,978 to €10,189
- Gross operating margin +€29,297
up €29,297 (+33.6%), from €87,152 to €116,449
- Depreciation -€26,680
down €26,680 (-75.4%), from €35,387 to €8,707
- Taxes +€11,844
up €11,844 (+116%), from €10,223 to €22,067
- Financial charges +€2,585
up €2,585 (+247%), from €1,046 to €3,631
- Financial income +€1,751
up €1,751 (+164%), from €1,069 to €2,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,418 | €441,676 | +€56,258 | +14.6% |
| Fixed assets | 21/28 | €213,401 | €225,539 | +€12,138 | +5.7% |
| Tangible fixed assets | 22/27 | €213,401 | €225,539 | +€12,138 | +5.7% |
| Land and buildings | 22 | €208,554 | €204,767 | -€3,787 | -1.8% |
| Plant, machinery and equipment | 23 | €661 | €281 | -€380 | -57.5% |
| Furniture and vehicles | 24 | €3,304 | €19,237 | +€15,932 | +482% |
| Other tangible fixed assets | 26 | €881 | €1,254 | +€373 | +42.3% |
| Current assets | 29/58 | €172,017 | €216,137 | +€44,120 | +25.6% |
| Amounts receivable within one year | 40/41 | €78,721 | €46,579 | -€32,142 | -40.8% |
| Trade receivables | 40 | €17,142 | €0 | -€17,142 | -100% |
| Other amounts receivable | 41 | €61,579 | €46,579 | -€15,000 | -24.4% |
| Current investments | 50/53 | €15,000 | €54,618 | +€39,618 | +264% |
| Cash at bank and in hand | 54/58 | €78,296 | €114,940 | +€36,644 | +46.8% |
| Total equity and liabilities | 10/49 | €385,418 | €441,676 | +€56,258 | +14.6% |
| Equity | 10/15 | €197,049 | €280,214 | +€83,166 | +42.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €194,049 | €277,214 | +€83,166 | +42.9% |
| Distributable reserves | 133 | €194,049 | €277,214 | +€83,166 | +42.9% |
| Provisions and deferred taxes | 16 | €117,620 | €109,101 | -€8,518 | -7.2% |
| Provisions for liabilities and charges | 160/5 | €117,620 | €109,101 | -€8,518 | -7.2% |
| Other liabilities and charges | 164/5 | €117,620 | €109,101 | -€8,518 | -7.2% |
| Amounts payable | 17/49 | €70,750 | €52,361 | -€18,389 | -26.0% |
| Amounts payable within one year | 42/48 | €70,750 | €52,361 | -€18,389 | -26.0% |
| Trade debts | 44 | €1,762 | €1,232 | -€530 | -30.1% |
| Suppliers | 440/4 | €1,762 | €1,232 | -€530 | -30.1% |
| Taxes, remuneration and social security | 45 | €65,010 | €40,940 | -€24,070 | -37.0% |
| Taxes | 450/3 | €65,010 | €40,940 | -€24,070 | -37.0% |
| Other amounts payable | 47/48 | €3,978 | €10,189 | +€6,211 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,387 | €8,707 | -€26,680 | -75.4% |
| Other operating charges | 640/8 | €1,083 | €1,698 | +€615 | +56.8% |
| Gross operating margin | 9900 | €87,152 | €116,449 | +€29,297 | +33.6% |
| Operating profit (loss) | 9901 | €50,682 | €106,044 | +€55,362 | +109% |
| Financial income | 75/76B | €1,069 | €2,820 | +€1,751 | +164% |
| Recurring financial income | 75 | €1,069 | €2,820 | +€1,751 | +164% |
| Financial charges | 65/66B | €1,046 | €3,631 | +€2,585 | +247% |
| Recurring financial charges | 65 | €1,046 | €3,631 | +€2,585 | +247% |
| Profit (loss) for the period before taxes | 9903 | €50,704 | €105,233 | +€54,528 | +108% |
| Income taxes | 67/77 | €10,223 | €22,067 | +€11,844 | +116% |
| Profit (loss) for the period | 9904 | €40,481 | €83,166 | +€42,685 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €40,481 | €83,166 | +€42,685 | +105% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.