CAREY: 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.
CAREY
Largest movements
- Receivables within one year -€14,993
down €14,993 (-41.5%), from €36,134 to €21,141
of which Trade receivables: -€17,190
- Cash +€7,127
up €7,127 (+373.8%), from €1,907 to €9,034
mainly Net result for the year (+€35,980) and Receivables within one year (+€14,993)
- Receivables after one year -€3,355
down €3,355 (-2.7%), from €122,575 to €119,220
- Financial fixed assets +€1,786
up €1,786, from €0 to €1,786
- Profit (loss) carried forward +€35,980
up €35,980, from -€15,195 to €20,784
- Debts after one year -€16,855
down €16,855 (-19.6%), from €85,850 to €68,995
- Trade debts -€15,199
down €15,199 (-52.6%), from €28,880 to €13,680
- Tax, wage and social debts -€14,080
down €14,080 (-38.5%), from €36,583 to €22,503
- Current portion of long-term debt +€1,994
up €1,994 (+13.5%), from €14,805 to €16,799
- Financial charges -€174,960
down €174,960 (-95.1%), from €183,916 to €8,956
of which Non-recurring financial charges: -€175,610
- Gross operating margin +€19,451
up €19,451 (+48.2%), from €40,324 to €59,775
- Taxes +€5,593
up €5,593 (+66.5%), from €8,412 to €14,005
- Financial income -€1,950
down €1,950 (-50.6%), from €3,854 to €1,904
- Other operating charges +€618
up €618 (+86.8%), from €712 to €1,331
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.
Cash bridge derived
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 | €164,680 | €156,520 | -€8,160 | -5.0% |
| Fixed assets | 21/28 | €1,714 | €3,362 | +€1,647 | +96.1% |
| Tangible fixed assets | 22/27 | €1,714 | €1,576 | -€138 | -8.1% |
| Plant, machinery and equipment | 23 | €992 | €496 | -€496 | -50.0% |
| Furniture and vehicles | 24 | €722 | €1,080 | +€358 | +49.5% |
| Financial fixed assets | 28 | €0 | €1,786 | +€1,786 | |
| Current assets | 29/58 | €162,965 | €153,158 | -€9,807 | -6.0% |
| Amounts receivable after more than one year | 29 | €122,575 | €119,220 | -€3,355 | -2.7% |
| Other amounts receivable | 291 | €122,575 | €119,220 | -€3,355 | -2.7% |
| Amounts receivable within one year | 40/41 | €36,134 | €21,141 | -€14,993 | -41.5% |
| Trade receivables | 40 | €24,134 | €6,943 | -€17,190 | -71.2% |
| Other amounts receivable | 41 | €12,000 | €14,198 | +€2,198 | +18.3% |
| Cash at bank and in hand | 54/58 | €1,907 | €9,034 | +€7,127 | +373.8% |
| Deferred charges and accrued income | 490/1 | €2,350 | €3,763 | +€1,413 | +60.1% |
| Total equity and liabilities | 10/49 | €164,680 | €156,520 | -€8,160 | -5.0% |
| Equity | 10/15 | -€1,438 | €34,542 | +€35,980 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,758 | €12,758 | = | 0.0% |
| Distributable reserves | 133 | €12,758 | €12,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,195 | €20,784 | +€35,980 | |
| Amounts payable | 17/49 | €166,117 | €121,977 | -€44,140 | -26.6% |
| Amounts payable after more than one year | 17 | €85,850 | €68,995 | -€16,855 | -19.6% |
| Financial debts | 170/4 | €85,850 | €68,995 | -€16,855 | -19.6% |
| Amounts payable within one year | 42/48 | €80,267 | €52,982 | -€27,285 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €14,805 | €16,799 | +€1,994 | +13.5% |
| Trade debts | 44 | €28,880 | €13,680 | -€15,199 | -52.6% |
| Suppliers | 440/4 | €28,880 | €13,680 | -€15,199 | -52.6% |
| Taxes, remuneration and social security | 45 | €36,583 | €22,503 | -€14,080 | -38.5% |
| Taxes | 450/3 | €36,583 | €22,503 | -€14,080 | -38.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,672 | €1,407 | -€265 | -15.9% |
| Other operating charges | 640/8 | €712 | €1,331 | +€618 | +86.8% |
| Gross operating margin | 9900 | €40,324 | €59,775 | +€19,451 | +48.2% |
| Operating profit (loss) | 9901 | €37,940 | €57,038 | +€19,098 | +50.3% |
| Financial income | 75/76B | €3,854 | €1,904 | -€1,950 | -50.6% |
| Recurring financial income | 75 | €3,854 | €1,904 | -€1,950 | -50.6% |
| Financial charges | 65/66B | €183,916 | €8,956 | -€174,960 | -95.1% |
| Recurring financial charges | 65 | €8,306 | €8,956 | +€650 | +7.8% |
| Non-recurring financial charges | 66B | €175,610 | €0 | -€175,610 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€142,123 | €49,985 | +€192,108 | |
| Income taxes | 67/77 | €8,412 | €14,005 | +€5,593 | +66.5% |
| Profit (loss) for the period | 9904 | -€150,535 | €35,980 | +€186,515 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150,535 | €35,980 | +€186,515 |
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 10 October 2026 via checked.be.