Caremans Projects: 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.
Caremans Projects
Largest movements
- Tangible fixed assets -€7,452
down €7,452 (-4.8%), from €154,376 to €146,924
of which Land and buildings: -€7,153
- Cash +€4,703
up €4,703 (+38.7%), from €12,149 to €16,852
mainly Depreciation (+€7,452) and Net result for the year (+€3,526)
- Other debts -€6,040
down €6,040 (-9.4%), from €64,347 to €58,307
- Reserves +€3,526
up €3,526 (+4.3%), from €81,767 to €85,293
of which Distributable reserves: +€3,526
- Gross operating margin -€9,490
down €9,490 (-40.0%), from €23,737 to €14,247
- Taxes -€1,093
no longer reported in 2025 (was €1,093)
- Financial charges -€500
down €500 (-79.8%), from €627 to €127
- Depreciation -€465
down €465 (-5.9%), from €7,918 to €7,452
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 | €167,144 | €165,141 | -€2,003 | -1.2% |
| Fixed assets | 21/28 | €154,376 | €146,924 | -€7,452 | -4.8% |
| Tangible fixed assets | 22/27 | €154,376 | €146,924 | -€7,452 | -4.8% |
| Land and buildings | 22 | €153,739 | €146,587 | -€7,153 | -4.7% |
| Furniture and vehicles | 24 | €637 | €338 | -€300 | -47.0% |
| Current assets | 29/58 | €12,768 | €18,217 | +€5,449 | +42.7% |
| Amounts receivable within one year | 40/41 | - | €189 | +€189 | |
| Trade receivables | 40 | - | €189 | +€189 | |
| Cash at bank and in hand | 54/58 | €12,149 | €16,852 | +€4,703 | +38.7% |
| Deferred charges and accrued income | 490/1 | €619 | €1,175 | +€556 | +89.8% |
| Total equity and liabilities | 10/49 | €167,144 | €165,141 | -€2,003 | -1.2% |
| Equity | 10/15 | €100,359 | €103,885 | +€3,526 | +3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,767 | €85,293 | +€3,526 | +4.3% |
| Tax-exempt reserves | 132 | €10,945 | €10,945 | = | 0.0% |
| Distributable reserves | 133 | €70,822 | €74,348 | +€3,526 | +5.0% |
| Amounts payable | 17/49 | €66,786 | €61,256 | -€5,530 | -8.3% |
| Amounts payable within one year | 42/48 | €65,536 | €60,006 | -€5,530 | -8.4% |
| Trade debts | 44 | - | €157 | +€157 | |
| Suppliers | 440/4 | - | €157 | +€157 | |
| Taxes, remuneration and social security | 45 | €1,189 | €1,542 | +€354 | +29.7% |
| Taxes | 450/3 | €1,189 | €1,542 | +€354 | +29.7% |
| Other amounts payable | 47/48 | €64,347 | €58,307 | -€6,040 | -9.4% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Non-recurring operating income | 76A | €11,255 | - | -€11,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,918 | €7,452 | -€465 | -5.9% |
| Other operating charges | 640/8 | €3,164 | €3,142 | -€22 | -0.7% |
| Gross operating margin | 9900 | €23,737 | €14,247 | -€9,490 | -40.0% |
| Operating profit (loss) | 9901 | €12,655 | €3,652 | -€9,003 | -71.1% |
| Financial income | 75/76B | €0 | €1 | +€0 | +155% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +155% |
| Financial charges | 65/66B | €627 | €127 | -€500 | -79.8% |
| Recurring financial charges | 65 | €627 | €127 | -€500 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €12,028 | €3,526 | -€8,502 | -70.7% |
| Income taxes | 67/77 | €1,093 | - | -€1,093 | |
| Profit (loss) for the period | 9904 | €10,935 | €3,526 | -€7,408 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,935 | €3,526 | -€7,408 | -67.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.