CARCOSMETIX: 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.
CARCOSMETIX
Largest movements
- Tangible fixed assets +€815,728
up €815,728 (+125%), from €655,152 to €1.5m
of which Land and buildings: +€862,568
- Cash -€758,465
down €758,465 (-53.9%), from €1.4m to €648,173
mainly Contributions, distributions and other (-€1.3m) and Investment in fixed assets (net) (-€949,175)
- Current investments -€255,067
down €255,067 (-100%), from €255,067 to €0
- Stocks and contracts +€94,244
up €94,244 (+21.1%), from €446,726 to €540,970
- Reserves -€992,758
down €992,758 (-38.7%), from €2.6m to €1.6m
of which Distributable reserves: -€992,758
- Debts after one year +€953,777
up €953,777 (+591%), from €161,250 to €1.1m
- Trade debts -€60,652
down €60,652 (-71.1%), from €85,345 to €24,693
- Current portion of long-term debt +€55,428
up €55,428 (+123%), from €45,000 to €100,428
- Gross operating margin -€99,794
down €99,794 (-11.4%), from €872,438 to €772,643
- Financial income +€41,900
up €41,900 (+130%), from €32,172 to €74,072
- Staff costs +€35,789
up €35,789 (+12.1%), from €295,783 to €331,572
- Taxes -€23,517
down €23,517 (-22.3%), from €105,359 to €81,842
- Depreciation -€14,266
down €14,266 (-9.6%), from €148,213 to €133,947
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 | €2,941,773 | €2,855,703 | -€86,070 | -2.9% |
| Fixed assets | 21/28 | €659,840 | €1,475,068 | +€815,228 | +124% |
| Tangible fixed assets | 22/27 | €655,152 | €1,470,880 | +€815,728 | +125% |
| Land and buildings | 22 | €423,725 | €1,286,293 | +€862,568 | +204% |
| Plant, machinery and equipment | 23 | €80,467 | €51,970 | -€28,497 | -35.4% |
| Furniture and vehicles | 24 | €150,960 | €132,616 | -€18,343 | -12.2% |
| Financial fixed assets | 28 | €4,688 | €4,188 | -€500 | -10.7% |
| Current assets | 29/58 | €2,281,933 | €1,380,635 | -€901,298 | -39.5% |
| Stocks and contracts in progress | 3 | €446,726 | €540,970 | +€94,244 | +21.1% |
| Stocks | 30/36 | €446,726 | €540,970 | +€94,244 | +21.1% |
| Amounts receivable within one year | 40/41 | €161,299 | €183,670 | +€22,371 | +13.9% |
| Trade receivables | 40 | €158,188 | €148,483 | -€9,705 | -6.1% |
| Other amounts receivable | 41 | €3,110 | €35,187 | +€32,077 | +1,031% |
| Current investments | 50/53 | €255,067 | €0 | -€255,067 | -100% |
| Cash at bank and in hand | 54/58 | €1,406,638 | €648,173 | -€758,465 | -53.9% |
| Deferred charges and accrued income | 490/1 | €12,203 | €7,822 | -€4,381 | -35.9% |
| Total equity and liabilities | 10/49 | €2,941,773 | €2,855,703 | -€86,070 | -2.9% |
| Equity | 10/15 | €2,608,968 | €1,591,492 | -€1.0m | -39.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,565,649 | €1,572,892 | -€992,758 | -38.7% |
| Tax-exempt reserves | 132 | €212,833 | €212,833 | = | 0.0% |
| Distributable reserves | 133 | €2,352,816 | €1,360,058 | -€992,758 | -42.2% |
| Profit (loss) carried forward | 14 | €24,719 | €0 | -€24,719 | -100% |
| Amounts payable | 17/49 | €332,805 | €1,264,211 | +€931,406 | +280% |
| Amounts payable after more than one year | 17 | €161,250 | €1,115,027 | +€953,777 | +591% |
| Financial debts | 170/4 | €161,250 | €1,115,027 | +€953,777 | +591% |
| Amounts payable within one year | 42/48 | €171,555 | €126,508 | -€45,047 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €100,428 | +€55,428 | +123% |
| Trade debts | 44 | €85,345 | €24,693 | -€60,652 | -71.1% |
| Suppliers | 440/4 | €85,345 | €24,693 | -€60,652 | -71.1% |
| Taxes, remuneration and social security | 45 | €19,897 | €1,388 | -€18,509 | -93.0% |
| Taxes | 450/3 | €19,897 | €1,388 | -€18,509 | -93.0% |
| Other amounts payable | 47/48 | €21,313 | €0 | -€21,313 | -100% |
| Accrued charges and deferred income | 492/3 | - | €22,676 | +€22,676 | |
| Non-recurring operating income | 76A | €6,366 | €4,100 | -€2,267 | -35.6% |
| Remuneration, social security and pensions | 62 | €295,783 | €331,572 | +€35,789 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,213 | €133,947 | -€14,266 | -9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €229 | €0 | -€229 | -100% |
| Other operating charges | 640/8 | €15,267 | €16,560 | +€1,293 | +8.5% |
| Non-recurring operating charges | 66A | €5,471 | €0 | -€5,471 | -100% |
| Gross operating margin | 9900 | €872,438 | €772,643 | -€99,794 | -11.4% |
| Operating profit (loss) | 9901 | €407,475 | €290,564 | -€116,912 | -28.7% |
| Financial income | 75/76B | €32,172 | €74,072 | +€41,900 | +130% |
| Recurring financial income | 75 | €32,172 | €74,072 | +€41,900 | +130% |
| Financial charges | 65/66B | €11,462 | €21,732 | +€10,270 | +89.6% |
| Recurring financial charges | 65 | €11,462 | €21,732 | +€10,270 | +89.6% |
| Profit (loss) for the period before taxes | 9903 | €428,186 | €342,904 | -€85,282 | -19.9% |
| Income taxes | 67/77 | €105,359 | €81,842 | -€23,517 | -22.3% |
| Profit (loss) for the period | 9904 | €322,827 | €261,062 | -€61,765 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €322,827 | €261,062 | -€61,765 | -19.1% |
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 15 October 2026 via checked.be.