CARBA: 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.
CARBA
Largest movements
- Tangible fixed assets -€45,133
down €45,133 (-3.4%), from €1.3m to €1.3m
of which Land and buildings: -€34,364
- Cash +€43,969
up €43,969 (+32.5%), from €135,145 to €179,114
mainly Depreciation (+€90,886) and Receivables within one year (+€9,414)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€12,811
down €12,811 (-12.7%), from €101,265 to €88,454
- Other operating charges +€2,602
up €2,602 (+40.7%), from €6,387 to €8,989
- Depreciation -€1,699
down €1,699 (-1.8%), from €92,585 to €90,886
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 | €1,480,701 | €1,468,853 | -€11,848 | -0.8% |
| Fixed assets | 21/28 | €1,321,456 | €1,276,323 | -€45,133 | -3.4% |
| Tangible fixed assets | 22/27 | €1,321,456 | €1,276,323 | -€45,133 | -3.4% |
| Land and buildings | 22 | €1,199,623 | €1,165,260 | -€34,364 | -2.9% |
| Plant, machinery and equipment | 23 | €57,256 | €49,301 | -€7,955 | -13.9% |
| Furniture and vehicles | 24 | €64,576 | €61,762 | -€2,814 | -4.4% |
| Current assets | 29/58 | €159,245 | €192,530 | +€33,285 | +20.9% |
| Stocks and contracts in progress | 3 | €835 | €744 | -€91 | -10.9% |
| Stocks | 30/36 | €835 | €744 | -€91 | -10.9% |
| Amounts receivable within one year | 40/41 | €13,349 | €3,936 | -€9,414 | -70.5% |
| Trade receivables | 40 | €13,271 | €2,285 | -€10,986 | -82.8% |
| Other amounts receivable | 41 | €78 | €1,651 | +€1,573 | +2,013% |
| Cash at bank and in hand | 54/58 | €135,145 | €179,114 | +€43,969 | +32.5% |
| Deferred charges and accrued income | 490/1 | €9,916 | €8,737 | -€1,179 | -11.9% |
| Total equity and liabilities | 10/49 | €1,480,701 | €1,468,853 | -€11,848 | -0.8% |
| Equity | 10/15 | €347,008 | €340,643 | -€6,365 | -1.8% |
| Contributions | 10/11 | €6,510 | €6,510 | = | 0.0% |
| Reserves | 13 | €155,638 | €145,361 | -€10,277 | -6.6% |
| Tax-exempt reserves | 132 | €146,083 | €135,806 | -€10,277 | -7.0% |
| Distributable reserves | 133 | €9,555 | €9,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,860 | €188,772 | +€3,912 | +2.1% |
| Provisions and deferred taxes | 16 | €75,221 | €69,930 | -€5,292 | -7.0% |
| Deferred taxes | 168 | €75,221 | €69,930 | -€5,292 | -7.0% |
| Amounts payable | 17/49 | €1,058,472 | €1,058,280 | -€191 | 0.0% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,472 | €58,280 | -€191 | -0.3% |
| Trade debts | 44 | €4,540 | €2,225 | -€2,315 | -51.0% |
| Suppliers | 440/4 | €4,540 | €2,225 | -€2,315 | -51.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,270 | €1,090 | -€180 | -14.2% |
| Taxes | 450/3 | €1,270 | €1,090 | -€180 | -14.2% |
| Other amounts payable | 47/48 | €52,662 | €54,966 | +€2,304 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,585 | €90,886 | -€1,699 | -1.8% |
| Other operating charges | 640/8 | €6,387 | €8,989 | +€2,602 | +40.7% |
| Gross operating margin | 9900 | €101,265 | €88,454 | -€12,811 | -12.7% |
| Operating profit (loss) | 9901 | €2,293 | -€11,421 | -€13,714 | |
| Financial income | 75/76B | €72 | €494 | +€422 | +583% |
| Recurring financial income | 75 | €72 | €494 | +€422 | +583% |
| Financial charges | 65/66B | €153 | €191 | +€38 | +24.5% |
| Recurring financial charges | 65 | €153 | €191 | +€38 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €2,212 | -€11,118 | -€13,329 | |
| Transfer from deferred taxes | 780 | €5,556 | €5,292 | -€265 | -4.8% |
| Income taxes | 67/77 | €559 | €538 | -€20 | -3.6% |
| Profit (loss) for the period | 9904 | €7,209 | -€6,365 | -€13,574 | |
| Transfer from tax-exempt reserves | 789 | €10,791 | €10,277 | -€514 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,000 | €3,912 | -€14,088 | -78.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.