CARCENTER STV: 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.
CARCENTER STV
Largest movements
- Cash +€139,587
up €139,587 (+5,243%), from €2,662 to €142,250
mainly Net result for the year (+€158,226) and Trade debts (+€51,784)
- Receivables within one year +€48,176
up €48,176 (+14.6%), from €329,267 to €377,443
of which Trade receivables: +€39,025
- Tangible fixed assets +€29,016
up €29,016 (+30.6%), from €94,870 to €123,886
of which Land and buildings: +€24,184
- Stocks and contracts +€12,673
up €12,673 (+4.3%), from €294,340 to €307,013
- Reserves +€158,226
up €158,226 (+46.3%), from €341,639 to €499,865
of which Distributable reserves: +€158,226
- Trade debts +€51,784
up €51,784 (+130%), from €39,865 to €91,649
- Short-term financial debts +€46,000
up €46,000 (+18.4%), from €250,000 to €296,000
- Current portion of long-term debt -€10,278
down €10,278 (-63.6%), from €16,148 to €5,870
- Tax, wage and social debts -€9,817
down €9,817 (-28.2%), from €34,798 to €24,981
- Gross operating margin +€174,072
up €174,072 (+199%), from €87,298 to €261,370
- Taxes +€42,177
up €42,177 (+316%), from €13,350 to €55,527
- Depreciation +€3,682
up €3,682 (+18.9%), from €19,474 to €23,156
- Financial charges -€3,325
down €3,325 (-18.0%), from €18,427 to €15,102
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 | €721,139 | €950,592 | +€229,452 | +31.8% |
| Fixed assets | 21/28 | €94,870 | €123,886 | +€29,016 | +30.6% |
| Tangible fixed assets | 22/27 | €94,870 | €123,886 | +€29,016 | +30.6% |
| Land and buildings | 22 | €78,174 | €102,358 | +€24,184 | +30.9% |
| Plant, machinery and equipment | 23 | €383 | €4,703 | +€4,319 | +1,127% |
| Furniture and vehicles | 24 | €16,313 | €16,825 | +€512 | +3.1% |
| Current assets | 29/58 | €626,269 | €826,706 | +€200,437 | +32.0% |
| Stocks and contracts in progress | 3 | €294,340 | €307,013 | +€12,673 | +4.3% |
| Stocks | 30/36 | €294,340 | €307,013 | +€12,673 | +4.3% |
| Amounts receivable within one year | 40/41 | €329,267 | €377,443 | +€48,176 | +14.6% |
| Trade receivables | 40 | €329,267 | €368,292 | +€39,025 | +11.9% |
| Other amounts receivable | 41 | - | €9,151 | +€9,151 | |
| Cash at bank and in hand | 54/58 | €2,662 | €142,250 | +€139,587 | +5,243% |
| Total equity and liabilities | 10/49 | €721,139 | €950,592 | +€229,452 | +31.8% |
| Equity | 10/15 | €373,865 | €532,092 | +€158,226 | +42.3% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €341,639 | €499,865 | +€158,226 | +46.3% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,223 | €3,223 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,356 | €35,356 | = | 0.0% |
| Distributable reserves | 133 | €303,060 | €461,286 | +€158,226 | +52.2% |
| Amounts payable | 17/49 | €347,274 | €418,500 | +€71,226 | +20.5% |
| Amounts payable after more than one year | 17 | €6,463 | - | -€6,463 | |
| Financial debts | 170/4 | €6,463 | - | -€6,463 | |
| Amounts payable within one year | 42/48 | €340,811 | €418,500 | +€77,689 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €16,148 | €5,870 | -€10,278 | -63.6% |
| Financial debts | 43 | €250,000 | €296,000 | +€46,000 | +18.4% |
| Credit institutions | 430/8 | €250,000 | €296,000 | +€46,000 | +18.4% |
| Trade debts | 44 | €39,865 | €91,649 | +€51,784 | +130% |
| Suppliers | 440/4 | €39,865 | €91,649 | +€51,784 | +130% |
| Taxes, remuneration and social security | 45 | €34,798 | €24,981 | -€9,817 | -28.2% |
| Taxes | 450/3 | €34,798 | €24,981 | -€9,817 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,474 | €23,156 | +€3,682 | +18.9% |
| Other operating charges | 640/8 | €11,303 | €9,359 | -€1,944 | -17.2% |
| Gross operating margin | 9900 | €87,298 | €261,370 | +€174,072 | +199% |
| Operating profit (loss) | 9901 | €56,521 | €228,855 | +€172,334 | +305% |
| Financial charges | 65/66B | €18,427 | €15,102 | -€3,325 | -18.0% |
| Recurring financial charges | 65 | €18,427 | €15,102 | -€3,325 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €38,093 | €213,753 | +€175,659 | +461% |
| Income taxes | 67/77 | €13,350 | €55,527 | +€42,177 | +316% |
| Profit (loss) for the period | 9904 | €24,744 | €158,226 | +€133,483 | +539% |
| Profit (loss) for the period to be appropriated | 9905 | €24,744 | €158,226 | +€133,483 | +539% |
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.