CARELS-SOLUTIONS: 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.
CARELS-SOLUTIONS
Largest movements
- Cash +€22,370
up €22,370 (+79.2%), from €28,233 to €50,602
mainly Net result for the year (+€29,831) and Receivables within one year (+€6,955)
- Receivables within one year -€6,955
down €6,955 (-12.5%), from €55,565 to €48,610
of which Other amounts receivable: -€8,116
- Tangible fixed assets -€2,802
down €2,802 (-38.1%), from €7,350 to €4,547
of which Furniture and vehicles: -€2,705
- Reserves +€29,831
up €29,831 (+77.4%), from €38,522 to €68,353
- Trade debts -€5,700
down €5,700 (-45.7%), from €12,471 to €6,771
- Tax, wage and social debts -€4,666
down €4,666 (-40.3%), from €11,572 to €6,906
of which Taxes: -€4,542
- Other debts -€4,492
no longer reported in 2025 (was €4,492)
- Short-term financial debts -€3,188
down €3,188 (-35.2%), from €9,070 to €5,882
- Gross operating margin +€33,452
up €33,452 (+180%), from €18,594 to €52,046
- Taxes +€8,034
up €8,034 (+233%), from €3,442 to €11,476
- Depreciation -€1,712
down €1,712 (-27.9%), from €6,141 to €4,429
- Financial charges -€1,130
down €1,130 (-16.1%), from €7,007 to €5,877
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 | €94,678 | €106,462 | +€11,784 | +12.4% |
| Fixed assets | 21/28 | €7,826 | €5,024 | -€2,802 | -35.8% |
| Tangible fixed assets | 22/27 | €7,350 | €4,547 | -€2,802 | -38.1% |
| Plant, machinery and equipment | 23 | €2,544 | €2,446 | -€97 | -3.8% |
| Furniture and vehicles | 24 | €4,806 | €2,101 | -€2,705 | -56.3% |
| Financial fixed assets | 28 | €477 | €477 | = | 0.0% |
| Current assets | 29/58 | €86,851 | €101,438 | +€14,587 | +16.8% |
| Amounts receivable within one year | 40/41 | €55,565 | €48,610 | -€6,955 | -12.5% |
| Trade receivables | 40 | €22,923 | €24,084 | +€1,162 | +5.1% |
| Other amounts receivable | 41 | €32,642 | €24,526 | -€8,116 | -24.9% |
| Cash at bank and in hand | 54/58 | €28,233 | €50,602 | +€22,370 | +79.2% |
| Deferred charges and accrued income | 490/1 | €3,054 | €2,225 | -€828 | -27.1% |
| Total equity and liabilities | 10/49 | €94,678 | €106,462 | +€11,784 | +12.4% |
| Equity | 10/15 | €57,072 | €86,903 | +€29,831 | +52.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €38,522 | €68,353 | +€29,831 | +77.4% |
| Distributable reserves | 133 | €38,522 | €68,353 | +€29,831 | +77.4% |
| Amounts payable | 17/49 | €37,606 | €19,559 | -€18,046 | -48.0% |
| Amounts payable within one year | 42/48 | €37,606 | €19,559 | -€18,046 | -48.0% |
| Financial debts | 43 | €9,070 | €5,882 | -€3,188 | -35.2% |
| Credit institutions | 430/8 | €9,070 | €5,882 | -€3,188 | -35.2% |
| Trade debts | 44 | €12,471 | €6,771 | -€5,700 | -45.7% |
| Suppliers | 440/4 | €12,471 | €6,771 | -€5,700 | -45.7% |
| Taxes, remuneration and social security | 45 | €11,572 | €6,906 | -€4,666 | -40.3% |
| Taxes | 450/3 | €8,936 | €4,394 | -€4,542 | -50.8% |
| Remuneration and social security | 454/9 | €2,637 | €2,512 | -€124 | -4.7% |
| Other amounts payable | 47/48 | €4,492 | - | -€4,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,141 | €4,429 | -€1,712 | -27.9% |
| Other operating charges | 640/8 | €447 | €670 | +€223 | +50.0% |
| Non-recurring operating charges | 66A | €262 | - | -€262 | |
| Gross operating margin | 9900 | €18,594 | €52,046 | +€33,452 | +180% |
| Operating profit (loss) | 9901 | €11,744 | €46,947 | +€35,203 | +300% |
| Financial income | 75/76B | €5 | €237 | +€232 | +5,011% |
| Recurring financial income | 75 | €5 | €237 | +€232 | +5,011% |
| Financial charges | 65/66B | €7,007 | €5,877 | -€1,130 | -16.1% |
| Recurring financial charges | 65 | €7,007 | €5,877 | -€1,130 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €4,742 | €41,307 | +€36,565 | +771% |
| Income taxes | 67/77 | €3,442 | €11,476 | +€8,034 | +233% |
| Profit (loss) for the period | 9904 | €1,300 | €29,831 | +€28,531 | +2,195% |
| Profit (loss) for the period to be appropriated | 9905 | €1,300 | €29,831 | +€28,531 | +2,195% |
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 29 October 2026 via checked.be.