CARENZA: 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.
CARENZA
Largest movements
- Receivables within one year -€11,690
down €11,690 (-32.8%), from €35,630 to €23,940
of which Trade receivables: -€11,060
- Cash -€1,025
down €1,025 (-100%), from €1,025 to €0
mainly Debts after one year (-€15,000) and Contributions, distributions and other (-€10,000)
- Debts after one year -€15,000
no longer reported in 2026 (was €15,000)
- Trade debts -€6,329
down €6,329 (-65.2%), from €9,714 to €3,385
- Tax, wage and social debts +€3,910
up €3,910 (+701%), from €558 to €4,467
- Profit (loss) carried forward +€3,477
up €3,477 (+70.4%), from €4,936 to €8,412
- Short-term financial debts +€789
new in 2026: €789
- Gross operating margin +€12,578
up €12,578 (+249%), from €5,043 to €17,621
- Taxes +€1,999
up €1,999 (+359%), from €558 to €2,557
- Financial charges +€959
up €959 (+986%), from €97 to €1,057
- Depreciation -€838
no longer reported in 2026 (was €838)
- Other operating charges +€413
up €413 (+347%), from €119 to €531
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,706 | €24,963 | -€12,743 | -33.8% |
| Current assets | 29/58 | €37,706 | €24,963 | -€12,743 | -33.8% |
| Amounts receivable within one year | 40/41 | €35,630 | €23,940 | -€11,690 | -32.8% |
| Trade receivables | 40 | €35,000 | €23,940 | -€11,060 | -31.6% |
| Other amounts receivable | 41 | €630 | - | -€630 | |
| Cash at bank and in hand | 54/58 | €1,025 | €0 | -€1,025 | -100% |
| Deferred charges and accrued income | 490/1 | €1,051 | €1,023 | -€28 | -2.7% |
| Total equity and liabilities | 10/49 | €37,706 | €24,963 | -€12,743 | -33.8% |
| Equity | 10/15 | €12,015 | €15,492 | +€3,477 | +28.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €879 | €879 | = | 0.0% |
| Distributable reserves | 133 | €879 | €879 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,936 | €8,412 | +€3,477 | +70.4% |
| Amounts payable | 17/49 | €25,691 | €9,472 | -€16,219 | -63.1% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Financial debts | 170/4 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €10,691 | €9,472 | -€1,219 | -11.4% |
| Financial debts | 43 | - | €789 | +€789 | |
| Credit institutions | 430/8 | - | €789 | +€789 | |
| Trade debts | 44 | €9,714 | €3,385 | -€6,329 | -65.2% |
| Suppliers | 440/4 | €9,714 | €3,385 | -€6,329 | -65.2% |
| Taxes, remuneration and social security | 45 | €558 | €4,467 | +€3,910 | +701% |
| Taxes | 450/3 | €558 | €4,467 | +€3,910 | +701% |
| Other amounts payable | 47/48 | €419 | €832 | +€412 | +98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | - | -€838 | |
| Other operating charges | 640/8 | €119 | €531 | +€413 | +347% |
| Gross operating margin | 9900 | €5,043 | €17,621 | +€12,578 | +249% |
| Operating profit (loss) | 9901 | €4,086 | €17,090 | +€13,004 | +318% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €97 | €1,057 | +€959 | +986% |
| Recurring financial charges | 65 | €97 | €1,057 | +€959 | +986% |
| Profit (loss) for the period before taxes | 9903 | €3,989 | €16,033 | +€12,044 | +302% |
| Income taxes | 67/77 | €558 | €2,557 | +€1,999 | +359% |
| Profit (loss) for the period | 9904 | €3,431 | €13,477 | +€10,045 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €3,431 | €13,477 | +€10,045 | +293% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.