CAREYE GHISLAIN: what changed
CAREYE GHISLAIN
Largest movements
- Tangible fixed assets +€73,800
up €73,800 (+94.9%), from €77,764 to €151,564
of which Plant, machinery and equipment: +€68,411
- Cash +€48,606
up €48,606 (+220%), from €22,087 to €70,694
mainly Net result for the year (+€65,105) and Debts after one year (+€52,502)
- Receivables within one year +€37,280
up €37,280 (+59.6%), from €62,543 to €99,823
of which Trade receivables: +€25,497
- Stocks and contracts -€20,640
no longer reported in 2025 (was €20,640)
- Reserves +€65,105
up €65,105 (+68.9%), from €94,558 to €159,663
- Debts after one year +€52,502
up €52,502 (+690%), from €7,612 to €60,113
- Tax, wage and social debts +€22,909
up €22,909 (+147%), from €15,597 to €38,507
- Other debts -€7,700
no longer reported in 2025 (was €7,700)
- Trade debts +€4,531
up €4,531 (+20.4%), from €22,264 to €26,795
- Gross operating margin +€99,820
up €99,820 (+129%), from €77,285 to €177,105
- Taxes +€29,854
up €29,854 (+218%), from €13,674 to €43,528
- Depreciation +€14,107
up €14,107 (+39.4%), from €35,794 to €49,901
- Staff costs +€2,319
up €2,319 (+17.0%), from €13,627 to €15,946
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,909 | €326,899 | +€140,990 | +75.8% |
| Fixed assets | 21/28 | €77,764 | €151,564 | +€73,800 | +94.9% |
| Tangible fixed assets | 22/27 | €77,764 | €151,564 | +€73,800 | +94.9% |
| Land and buildings | 22 | €10,260 | €14,939 | +€4,679 | +45.6% |
| Plant, machinery and equipment | 23 | €44,629 | €113,040 | +€68,411 | +153% |
| Furniture and vehicles | 24 | €22,876 | €23,586 | +€710 | +3.1% |
| Current assets | 29/58 | €108,145 | €175,335 | +€67,190 | +62.1% |
| Stocks and contracts in progress | 3 | €20,640 | - | -€20,640 | |
| Contracts in progress | 37 | €20,640 | - | -€20,640 | |
| Amounts receivable within one year | 40/41 | €62,543 | €99,823 | +€37,280 | +59.6% |
| Trade receivables | 40 | €37,115 | €62,613 | +€25,497 | +68.7% |
| Other amounts receivable | 41 | €25,427 | €37,210 | +€11,783 | +46.3% |
| Cash at bank and in hand | 54/58 | €22,087 | €70,694 | +€48,606 | +220% |
| Deferred charges and accrued income | 490/1 | €2,875 | €4,818 | +€1,944 | +67.6% |
| Total equity and liabilities | 10/49 | €185,909 | €326,899 | +€140,990 | +75.8% |
| Equity | 10/15 | €113,158 | €178,263 | +€65,105 | +57.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,558 | €159,663 | +€65,105 | +68.9% |
| Distributable reserves | 133 | €94,558 | €159,663 | +€65,105 | +68.9% |
| Amounts payable | 17/49 | €72,751 | €148,636 | +€75,885 | +104% |
| Amounts payable after more than one year | 17 | €7,612 | €60,113 | +€52,502 | +690% |
| Financial debts | 170/4 | €7,612 | €60,113 | +€52,502 | +690% |
| Amounts payable within one year | 42/48 | €65,139 | €88,523 | +€23,383 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €18,467 | €22,110 | +€3,643 | +19.7% |
| Financial debts | 43 | €1,111 | €1,111 | = | 0.0% |
| Credit institutions | 430/8 | €1,111 | €1,111 | = | 0.0% |
| Trade debts | 44 | €22,264 | €26,795 | +€4,531 | +20.4% |
| Suppliers | 440/4 | €22,264 | €26,795 | +€4,531 | +20.4% |
| Taxes, remuneration and social security | 45 | €15,597 | €38,507 | +€22,909 | +147% |
| Taxes | 450/3 | €15,597 | €38,507 | +€22,909 | +147% |
| Other amounts payable | 47/48 | €7,700 | - | -€7,700 | |
| Non-recurring operating income | 76A | - | €19 | +€19 | |
| Remuneration, social security and pensions | 62 | €13,627 | €15,946 | +€2,319 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,794 | €49,901 | +€14,107 | +39.4% |
| Other operating charges | 640/8 | €2,432 | €2,434 | +€2 | +0.1% |
| Gross operating margin | 9900 | €77,285 | €177,105 | +€99,820 | +129% |
| Operating profit (loss) | 9901 | €25,432 | €108,824 | +€83,393 | +328% |
| Financial income | 75/76B | €931 | €1,898 | +€967 | +104% |
| Recurring financial income | 75 | €931 | €1,898 | +€967 | +104% |
| Financial charges | 65/66B | €1,080 | €2,090 | +€1,010 | +93.6% |
| Recurring financial charges | 65 | €1,080 | €2,090 | +€1,010 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | €25,283 | €108,632 | +€83,349 | +330% |
| Income taxes | 67/77 | €13,674 | €43,528 | +€29,854 | +218% |
| Profit (loss) for the period | 9904 | €11,609 | €65,105 | +€53,495 | +461% |
| Profit (loss) for the period to be appropriated | 9905 | €11,609 | €65,105 | +€53,495 | +461% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.