CARBONE: 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.
CARBONE
Largest movements
- Cash +€8,493
up €8,493 (+31.4%), from €27,046 to €35,539
mainly Net result for the year (+€18,442) and Trade debts (+€22)
- Receivables within one year +€3,100
up €3,100 (+19.2%), from €16,138 to €19,238
of which Trade receivables: +€3,304
- Reserves +€19,000
up €19,000 (+69.1%), from €27,500 to €46,500
- Tax, wage and social debts -€3,871
down €3,871 (-57.2%), from €6,761 to €2,891
- Other debts -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward -€558
down €558 (-94.3%), from €592 to €34
- Gross operating margin +€2,808
up €2,808 (+10.9%), from €25,842 to €28,651
- Financial charges -€928
down €928 (-44.2%), from €2,098 to €1,170
of which Non-recurring financial charges: -€1,320
- Taxes +€786
up €786 (+16.2%), from €4,844 to €5,630
- Other operating charges -€545
down €545 (-13.8%), from €3,953 to €3,408
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 | €43,184 | €54,777 | +€11,594 | +26.8% |
| Current assets | 29/58 | €43,184 | €54,777 | +€11,594 | +26.8% |
| Amounts receivable within one year | 40/41 | €16,138 | €19,238 | +€3,100 | +19.2% |
| Trade receivables | 40 | €11,750 | €15,054 | +€3,304 | +28.1% |
| Other amounts receivable | 41 | €4,388 | €4,184 | -€203 | -4.6% |
| Cash at bank and in hand | 54/58 | €27,046 | €35,539 | +€8,493 | +31.4% |
| Total equity and liabilities | 10/49 | €43,184 | €54,777 | +€11,594 | +26.8% |
| Equity | 10/15 | €31,092 | €49,534 | +€18,442 | +59.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,500 | €46,500 | +€19,000 | +69.1% |
| Distributable reserves | 133 | €27,500 | €46,500 | +€19,000 | +69.1% |
| Profit (loss) carried forward | 14 | €592 | €34 | -€558 | -94.3% |
| Amounts payable | 17/49 | €12,092 | €5,244 | -€6,848 | -56.6% |
| Amounts payable within one year | 42/48 | €12,092 | €5,244 | -€6,848 | -56.6% |
| Trade debts | 44 | €2,331 | €2,353 | +€22 | +1.0% |
| Suppliers | 440/4 | €2,331 | €2,353 | +€22 | +1.0% |
| Taxes, remuneration and social security | 45 | €6,761 | €2,891 | -€3,871 | -57.2% |
| Taxes | 450/3 | €6,761 | €2,891 | -€3,871 | -57.2% |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Other operating charges | 640/8 | €3,953 | €3,408 | -€545 | -13.8% |
| Gross operating margin | 9900 | €25,842 | €28,651 | +€2,808 | +10.9% |
| Operating profit (loss) | 9901 | €21,889 | €25,242 | +€3,353 | +15.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,098 | €1,170 | -€928 | -44.2% |
| Recurring financial charges | 65 | €778 | €1,170 | +€392 | +50.4% |
| Non-recurring financial charges | 66B | €1,320 | - | -€1,320 | |
| Profit (loss) for the period before taxes | 9903 | €19,792 | €24,072 | +€4,280 | +21.6% |
| Income taxes | 67/77 | €4,844 | €5,630 | +€786 | +16.2% |
| Profit (loss) for the period | 9904 | €14,948 | €18,442 | +€3,494 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,948 | €18,442 | +€3,494 | +23.4% |
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 11 October 2026 via checked.be.