CAREALIZE: 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.
CAREALIZE
Largest movements
- Receivables within one year -€297,029
down €297,029 (-37.5%), from €791,982 to €494,953
of which Trade receivables: -€275,060
- Reserves -€146,000
down €146,000 (-30.0%), from €486,700 to €340,700
of which Distributable reserves: -€146,000
- Trade debts -€119,075
down €119,075 (-55.8%), from €213,352 to €94,278
- Tax, wage and social debts -€39,004
down €39,004 (-71.4%), from €54,649 to €15,645
of which Remuneration and social security: -€21,121
- Turnover -€1.5m
down €1.5m (-61.1%), from €2.5m to €970,497
- Purchases and services -€1.2m
down €1.2m (-54.8%), from €2.1m to €969,034
- Gross operating margin -€407,965
down €407,965 (-91.7%), from €444,713 to €36,748
- Staff costs -€330,311
down €330,311 (-70.1%), from €471,262 to €140,951
- Write-downs +€35,290
new in 2025: €35,290
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 | €817,836 | €512,750 | -€305,086 | -37.3% |
| Fixed assets | 21/28 | €15,327 | €9,566 | -€5,761 | -37.6% |
| Intangible fixed assets | 21 | €11,110 | €6,508 | -€4,603 | -41.4% |
| Tangible fixed assets | 22/27 | €4,217 | €3,058 | -€1,159 | -27.5% |
| Plant, machinery and equipment | 23 | €4,217 | €2,422 | -€1,795 | -42.6% |
| Furniture and vehicles | 24 | - | €637 | +€637 | |
| Current assets | 29/58 | €802,509 | €503,184 | -€299,325 | -37.3% |
| Amounts receivable within one year | 40/41 | €791,982 | €494,953 | -€297,029 | -37.5% |
| Trade receivables | 40 | €425,665 | €150,605 | -€275,060 | -64.6% |
| Other amounts receivable | 41 | €366,317 | €344,348 | -€21,969 | -6.0% |
| Cash at bank and in hand | 54/58 | €6,204 | €5,974 | -€231 | -3.7% |
| Deferred charges and accrued income | 490/1 | €4,323 | €2,258 | -€2,065 | -47.8% |
| Total equity and liabilities | 10/49 | €817,836 | €512,750 | -€305,086 | -37.3% |
| Equity | 10/15 | €549,835 | €402,827 | -€147,008 | -26.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €486,700 | €340,700 | -€146,000 | -30.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €480,500 | €334,500 | -€146,000 | -30.4% |
| Profit (loss) carried forward | 14 | €1,135 | €127 | -€1,008 | -88.8% |
| Amounts payable | 17/49 | €268,001 | €109,923 | -€158,078 | -59.0% |
| Amounts payable within one year | 42/48 | €268,001 | €109,923 | -€158,078 | -59.0% |
| Trade debts | 44 | €213,352 | €94,278 | -€119,075 | -55.8% |
| Suppliers | 440/4 | €213,352 | €94,278 | -€119,075 | -55.8% |
| Taxes, remuneration and social security | 45 | €54,649 | €15,645 | -€39,004 | -71.4% |
| Taxes | 450/3 | €19,929 | €2,047 | -€17,883 | -89.7% |
| Remuneration and social security | 454/9 | €34,720 | €13,599 | -€21,121 | -60.8% |
| Turnover | 70 | €2,492,636 | €970,497 | -€1.5m | -61.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,144,942 | €969,034 | -€1.2m | -54.8% |
| Remuneration, social security and pensions | 62 | €471,262 | €140,951 | -€330,311 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,953 | €6,596 | +€643 | +10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €35,290 | +€35,290 | |
| Other operating charges | 640/8 | €3,260 | €1,989 | -€1,271 | -39.0% |
| Non-recurring operating charges | 66A | €333 | - | -€333 | |
| Gross operating margin | 9900 | €444,713 | €36,748 | -€407,965 | -91.7% |
| Operating profit (loss) | 9901 | -€36,095 | -€148,078 | -€111,984 | -310% |
| Financial income | 75/76B | €6,271 | €7,406 | +€1,135 | +18.1% |
| Recurring financial income | 75 | €6,271 | €7,406 | +€1,135 | +18.1% |
| Financial charges | 65/66B | €8,443 | €5,347 | -€3,095 | -36.7% |
| Recurring financial charges | 65 | €8,443 | €5,347 | -€3,095 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,267 | -€146,020 | -€107,753 | -282% |
| Income taxes | 67/77 | €1,348 | €988 | -€361 | -26.8% |
| Profit (loss) for the period | 9904 | -€39,615 | -€147,008 | -€107,393 | -271% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,615 | -€147,008 | -€107,393 | -271% |
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.