CAREAUX: 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.
CAREAUX
Largest movements
- Receivables within one year +€60,426
up €60,426 (+269%), from €22,431 to €82,858
of which Trade receivables: +€58,426
- Cash -€35,208
down €35,208 (-47.0%), from €74,970 to €39,762
mainly Receivables within one year (-€60,426) and Investment in fixed assets (net) (-€3,914)
- Tangible fixed assets +€3,161
new in 2025: €3,161
- Profit (loss) carried forward +€23,606
up €23,606 (+27.8%), from €85,016 to €108,622
- Tax, wage and social debts +€5,731
up €5,731 (+176%), from €3,250 to €8,981
- Trade debts -€2,265
down €2,265 (-52.3%), from €4,328 to €2,062
- Other debts +€1,436
up €1,436 (+330%), from €435 to €1,871
- Gross operating margin -€77,192
down €77,192 (-70.5%), from €109,465 to €32,274
- Taxes -€15,730
down €15,730 (-72.5%), from €21,703 to €5,973
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 | €98,029 | €126,536 | +€28,507 | +29.1% |
| Fixed assets | 21/28 | - | €3,161 | +€3,161 | |
| Tangible fixed assets | 22/27 | - | €3,161 | +€3,161 | |
| Furniture and vehicles | 24 | - | €3,161 | +€3,161 | |
| Current assets | 29/58 | €98,029 | €123,375 | +€25,346 | +25.9% |
| Amounts receivable within one year | 40/41 | €22,431 | €82,858 | +€60,426 | +269% |
| Trade receivables | 40 | €22,431 | €80,858 | +€58,426 | +260% |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €74,970 | €39,762 | -€35,208 | -47.0% |
| Deferred charges and accrued income | 490/1 | €628 | €756 | +€128 | +20.4% |
| Total equity and liabilities | 10/49 | €98,029 | €126,536 | +€28,507 | +29.1% |
| Equity | 10/15 | €90,016 | €113,622 | +€23,606 | +26.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,016 | €108,622 | +€23,606 | +27.8% |
| Amounts payable | 17/49 | €8,013 | €12,914 | +€4,901 | +61.2% |
| Amounts payable within one year | 42/48 | €8,013 | €12,914 | +€4,901 | +61.2% |
| Trade debts | 44 | €4,328 | €2,062 | -€2,265 | -52.3% |
| Suppliers | 440/4 | €4,328 | €2,062 | -€2,265 | -52.3% |
| Taxes, remuneration and social security | 45 | €3,250 | €8,981 | +€5,731 | +176% |
| Taxes | 450/3 | €3,250 | €8,981 | +€5,731 | +176% |
| Other amounts payable | 47/48 | €435 | €1,871 | +€1,436 | +330% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €753 | +€753 | |
| Other operating charges | 640/8 | €2,037 | €1,102 | -€934 | -45.9% |
| Gross operating margin | 9900 | €109,465 | €32,274 | -€77,192 | -70.5% |
| Operating profit (loss) | 9901 | €107,429 | €30,419 | -€77,010 | -71.7% |
| Financial income | 75/76B | - | €77 | +€77 | |
| Recurring financial income | 75 | - | €77 | +€77 | |
| Financial charges | 65/66B | €710 | €916 | +€207 | +29.1% |
| Recurring financial charges | 65 | €710 | €916 | +€207 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €106,719 | €29,579 | -€77,140 | -72.3% |
| Income taxes | 67/77 | €21,703 | €5,973 | -€15,730 | -72.5% |
| Profit (loss) for the period | 9904 | €85,016 | €23,606 | -€61,410 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €85,016 | €23,606 | -€61,410 | -72.2% |
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.