CARBU & CO: 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.
CARBU & CO
Largest movements
- Cash +€15,339
up €15,339 (+68.1%), from €22,523 to €37,862
mainly Trade debts (+€41,802) and Receivables within one year (+€689)
- Stocks and contracts +€3,723
up €3,723 (+58.4%), from €6,373 to €10,096
- Deferred charges and accrued income +€942
up €942 (+2,701%), from €35 to €977
- Receivables within one year -€689
down €689 (-13.3%), from €5,194 to €4,505
of which Other amounts receivable: -€770
- Trade debts +€41,802
up €41,802 (+305%), from €13,710 to €55,512
- Profit (loss) carried forward -€22,743
down €22,743 (-37.1%), from -€61,375 to -€84,118
- Gross operating margin -€7,685
down €7,685 (-133%), from -€5,784 to -€13,470
- Other operating charges +€1,072
up €1,072 (+15.6%), from €6,862 to €7,934
- Staff costs -€596
no longer reported in 2025 (was €596)
- Financial charges -€216
down €216 (-16.6%), from €1,300 to €1,085
- Depreciation -€212
down €212 (-45.4%), from €467 to €255
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 | €34,503 | €53,563 | +€19,059 | +55.2% |
| Fixed assets | 21/28 | €379 | €124 | -€255 | -67.3% |
| Tangible fixed assets | 22/27 | €379 | €124 | -€255 | -67.3% |
| Plant, machinery and equipment | 23 | €379 | €124 | -€255 | -67.3% |
| Current assets | 29/58 | €34,125 | €53,439 | +€19,314 | +56.6% |
| Stocks and contracts in progress | 3 | €6,373 | €10,096 | +€3,723 | +58.4% |
| Stocks | 30/36 | €6,373 | €10,096 | +€3,723 | +58.4% |
| Amounts receivable within one year | 40/41 | €5,194 | €4,505 | -€689 | -13.3% |
| Trade receivables | 40 | - | €81 | +€81 | |
| Other amounts receivable | 41 | €5,194 | €4,423 | -€770 | -14.8% |
| Cash at bank and in hand | 54/58 | €22,523 | €37,862 | +€15,339 | +68.1% |
| Deferred charges and accrued income | 490/1 | €35 | €977 | +€942 | +2,701% |
| Total equity and liabilities | 10/49 | €34,503 | €53,563 | +€19,059 | +55.2% |
| Equity | 10/15 | -€59,375 | -€82,118 | -€22,743 | -38.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,375 | -€84,118 | -€22,743 | -37.1% |
| Amounts payable | 17/49 | €93,879 | €135,681 | +€41,802 | +44.5% |
| Amounts payable within one year | 42/48 | €93,879 | €135,681 | +€41,802 | +44.5% |
| Trade debts | 44 | €13,710 | €55,512 | +€41,802 | +305% |
| Suppliers | 440/4 | €13,710 | €55,512 | +€41,802 | +305% |
| Other amounts payable | 47/48 | €80,169 | €80,169 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €596 | - | -€596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €255 | -€212 | -45.4% |
| Other operating charges | 640/8 | €6,862 | €7,934 | +€1,072 | +15.6% |
| Gross operating margin | 9900 | -€5,784 | -€13,470 | -€7,685 | -133% |
| Operating profit (loss) | 9901 | -€13,709 | -€21,659 | -€7,949 | -58.0% |
| Financial charges | 65/66B | €1,300 | €1,085 | -€216 | -16.6% |
| Recurring financial charges | 65 | €1,300 | €1,085 | -€216 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,010 | -€22,743 | -€7,733 | -51.5% |
| Profit (loss) for the period | 9904 | -€15,010 | -€22,743 | -€7,733 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,010 | -€22,743 | -€7,733 | -51.5% |
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 19 October 2026 via checked.be.