CAREYE: 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.
What changed
CAREYE
NACE 23.630, Manufacture of other non-metallic mineral products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €296,820+€873,928
Equity
-€650,067
2024 · -€1.8m+€1.2m
Cash
€240,038
2024 · €30,881+€209,158
Balance sheet total
€9.2m
2024 · €9.0m+€151,984
Largest movements
Assets
- Tangible fixed assets -€501,481
down €501,481 (-21.2%), from €2.4m to €1.9m
- Stocks and contracts +€240,880
up €240,880 (+22.4%), from €1.1m to €1.3m
of which Contracts in progress: +€331,024
- Cash +€209,158
up €209,158 (+677.3%), from €30,881 to €240,038
mainly Net result for the year (+€1.2m) and Debts after one year (+€1.1m)
- Receivables within one year +€180,622
up €180,622 (+4.5%), from €4.1m to €4.2m
of which Trade receivables: +€119,918
- Receivables after one year -€131,119
down €131,119 (-10.1%), from €1.3m to €1.2m
Equity and liabilities
- Trade debts -€1.8m
down €1.8m (-31.9%), from €5.7m to €3.9m
- Profit (loss) carried forward +€1.2m
up €1.2m (+62.9%), from -€1.9m to -€690,591
- Debts after one year +€1.1m
up €1.1m (+79.5%), from €1.4m to €2.6m
- Short-term financial debts -€537,865
down €537,865 (-18.5%), from €2.9m to €2.4m
- Accrued charges and deferred income +€169,251
up €169,251 (+341.0%), from €49,640 to €218,891
Income statement
- Turnover +€1.1m
up €1.1m (+3.6%), from €29.9m to €31.0m
- Goods and materials +€876,392
up €876,392 (+4.0%), from €21.9m to €22.8m
of which Purchases: +€473,316
- Staff costs -€315,667
down €315,667 (-13.1%), from €2.4m to €2.1m
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.
Result 2024
€296,820
Turnover
+€1.1m
Other operating income
-€54,075
Goods and materials
-€876,392
Services and other goods
-€140,534
Staff costs
+€315,667
Depreciation
+€88,007
Other operating charges
+€10,020
Other operating items
+€425,341
Financial income
+€2,316
Financial charges
+€65,004
Taxes
-€36,448
Result 2025
€1.2m
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.
From operations
+€41,015
Investment
-€320,607
Financing
+€488,750
Cash 2024
€30,881
From operations (derived)
+€41,015
Net result for the year
+€1.2m
Depreciation
+€760,777
Receivables after one year
+€131,119
Stocks and contracts
-€240,880
Receivables within one year
-€180,622
Deferred charges and accrued income
-€92,612
Trade debts
-€1.8m
Tax, wage and social debts
+€37,784
Other debts
+€112,612
Accrued charges and deferred income
+€169,251
Investment (derived)
-€320,607
Investment in fixed assets (net)
-€320,607
Financing
+€488,750
Debts after one year
+€1.1m
Current portion of long-term debt
-€103,200
Short-term financial debts
-€537,865
Cash 2025
€240,038
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,040,342 | €9,192,326 | +€151,984 | +1.7% |
| Fixed assets | 21/28 | €2,491,759 | €2,051,590 | -€440,170 | -17.7% |
| Intangible fixed assets | 21 | €122,361 | €88,590 | -€33,771 | -27.6% |
| Tangible fixed assets | 22/27 | €2,363,728 | €1,862,247 | -€501,481 | -21.2% |
| Plant, machinery and equipment | 23 | €665,360 | €464,799 | -€200,561 | -30.1% |
| Furniture and vehicles | 24 | €718,157 | €578,871 | -€139,286 | -19.4% |
| Leasing and similar rights | 25 | €500,876 | €339,943 | -€160,933 | -32.1% |
| Other tangible fixed assets | 26 | €479,335 | €478,635 | -€701 | -0.1% |
| Financial fixed assets | 28 | €5,670 | €100,752 | +€95,082 | +1676.9% |
| Other financial fixed assets | 284/8 | €5,670 | €100,752 | +€95,082 | +1676.9% |
| Amounts receivable and cash guarantees | 285/8 | €5,670 | €100,752 | +€95,082 | +1676.9% |
| Current assets | 29/58 | €6,548,583 | €7,140,736 | +€592,154 | +9.0% |
| Amounts receivable after more than one year | 29 | €1,299,960 | €1,168,841 | -€131,119 | -10.1% |
| Other amounts receivable | 291 | €1,299,960 | €1,168,841 | -€131,119 | -10.1% |
| Stocks and contracts in progress | 3 | €1,075,854 | €1,316,734 | +€240,880 | +22.4% |
| Stocks | 30/36 | €962,467 | €872,323 | -€90,144 | -9.4% |
| Goods purchased for resale | 34 | €962,467 | €872,323 | -€90,144 | -9.4% |
| Contracts in progress | 37 | €113,387 | €444,412 | +€331,024 | +291.9% |
| Amounts receivable within one year | 40/41 | €4,051,543 | €4,232,166 | +€180,622 | +4.5% |
| Trade receivables | 40 | €3,754,636 | €3,874,554 | +€119,918 | +3.2% |
| Other amounts receivable | 41 | €296,907 | €357,611 | +€60,704 | +20.4% |
| Cash at bank and in hand | 54/58 | €30,881 | €240,038 | +€209,158 | +677.3% |
| Deferred charges and accrued income | 490/1 | €90,345 | €182,957 | +€92,612 | +102.5% |
| Total equity and liabilities | 10/49 | €9,040,342 | €9,192,326 | +€151,984 | +1.7% |
| Equity | 10/15 | -€1,820,815 | -€650,067 | +€1.2m | +64.3% |
| Contributions | 10/11 | €13,436 | €13,436 | = | 0.0% |
| Reserves | 13 | €27,088 | €27,088 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,088 | €27,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,861,339 | -€690,591 | +€1.2m | +62.9% |
| Amounts payable | 17/49 | €10,861,157 | €9,842,393 | -€1.0m | -9.4% |
| Amounts payable after more than one year | 17 | €1,421,022 | €2,550,838 | +€1.1m | +79.5% |
| Financial debts | 170/4 | €1,421,022 | €2,550,838 | +€1.1m | +79.5% |
| Leasing and similar obligations | 172 | €326,948 | €180,786 | -€146,162 | -44.7% |
| Credit institutions | 173 | €796,157 | €509,635 | -€286,523 | -36.0% |
| Other loans | 174 | €297,917 | €1,860,417 | +€1.6m | +524.5% |
| Amounts payable within one year | 42/48 | €9,390,494 | €7,072,665 | -€2.3m | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €635,118 | €531,918 | -€103,200 | -16.2% |
| Financial debts | 43 | €2,900,720 | €2,362,855 | -€537,865 | -18.5% |
| Credit institutions | 430/8 | €2,900,720 | €2,362,855 | -€537,865 | -18.5% |
| Trade debts | 44 | €5,733,031 | €3,905,871 | -€1.8m | -31.9% |
| Suppliers | 440/4 | €5,733,031 | €3,905,871 | -€1.8m | -31.9% |
| Taxes, remuneration and social security | 45 | €121,625 | €159,410 | +€37,784 | +31.1% |
| Taxes | 450/3 | €36,917 | €72,316 | +€35,399 | +95.9% |
| Remuneration and social security | 454/9 | €84,708 | €87,094 | +€2,386 | +2.8% |
| Other amounts payable | 47/48 | - | €112,612 | +€112,612 | |
| Accrued charges and deferred income | 492/3 | €49,640 | €218,891 | +€169,251 | +341.0% |
| Operating income | 70/76A | €30,026,864 | €31,493,532 | +€1.5m | +4.9% |
| Turnover | 70 | €29,879,829 | €30,954,851 | +€1.1m | +3.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€120,251 | €331,024 | +€451,275 | |
| Other operating income | 74 | €198,129 | €144,054 | -€54,075 | -27.3% |
| Non-recurring operating income | 76A | €69,156 | €63,603 | -€5,553 | -8.0% |
| Operating charges | 60/66A | €29,393,372 | €30,016,986 | +€623,613 | +2.1% |
| Goods for resale, raw materials and consumables | 60 | €21,916,222 | €22,792,614 | +€876,392 | +4.0% |
| Purchases | 600/8 | €22,229,154 | €22,702,470 | +€473,316 | +2.1% |
| Change in stocks: decrease (increase) | 609 | -€312,932 | €90,144 | +€403,076 | |
| Services and other goods | 61 | €4,188,560 | €4,329,094 | +€140,534 | +3.4% |
| Remuneration, social security and pensions | 62 | €2,402,218 | €2,086,551 | -€315,667 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848,784 | €760,777 | -€88,007 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €31,863 | €21,843 | -€10,020 | -31.4% |
| Non-recurring operating charges | 66A | €5,727 | €26,107 | +€20,380 | +355.9% |
| Operating profit (loss) | 9901 | €633,491 | €1,476,547 | +€843,055 | +133.1% |
| Financial income | 75/76B | €49,221 | €51,538 | +€2,316 | +4.7% |
| Recurring financial income | 75 | €49,221 | €51,538 | +€2,316 | +4.7% |
| Income from current assets | 751 | €36,928 | €36,069 | -€859 | -2.3% |
| Other financial income | 752/9 | €12,293 | €15,469 | +€3,176 | +25.8% |
| Financial charges | 65/66B | €373,295 | €308,290 | -€65,004 | -17.4% |
| Recurring financial charges | 65 | €373,295 | €308,290 | -€65,004 | -17.4% |
| Debt charges | 650 | €247,366 | €173,252 | -€74,114 | -30.0% |
| Other financial charges | 652/9 | €125,928 | €135,038 | +€9,110 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €309,418 | €1,219,794 | +€910,376 | +294.2% |
| Income taxes | 67/77 | €12,598 | €49,047 | +€36,448 | +289.3% |
| Taxes | 670/3 | €12,598 | €49,047 | +€36,448 | +289.3% |
| Profit (loss) for the period | 9904 | €296,820 | €1,170,747 | +€873,928 | +294.4% |
| Profit (loss) for the period to be appropriated | 9905 | €296,820 | €1,170,747 | +€873,928 | +294.4% |
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.