CARHACO: what changed
Two fiscal 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.
CARHACO
Largest movements
- Cash +€188,199
up €188,199 (+68.8%), from €273,476 to €461,676
mainly Net result for the year (+€134,061) and Depreciation (+€37,946)
- Tangible fixed assets -€37,946
down €37,946 (-5.5%), from €685,192 to €647,246
- Reserves +€172,161
up €172,161 (+78.0%), from €220,684 to €392,845
- Profit (loss) carried forward -€38,100
down €38,100 (-27.6%), from €138,100 to €100,000
- Other debts +€11,939
up €11,939 (+2.1%), from €555,946 to €567,885
- Gross operating margin +€75,090
up €75,090 (+50.0%), from €150,184 to €225,274
- Taxes +€24,104
up €24,104 (+103.9%), from €23,198 to €47,303
- Depreciation -€2,491
down €2,491 (-6.2%), from €40,437 to €37,946
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 | €970,935 | €1,112,295 | +€141,360 | +14.6% |
| Fixed assets | 21/28 | €685,192 | €647,246 | -€37,946 | -5.5% |
| Tangible fixed assets | 22/27 | €685,192 | €647,246 | -€37,946 | -5.5% |
| Land and buildings | 22 | €685,192 | €647,246 | -€37,946 | -5.5% |
| Current assets | 29/58 | €285,743 | €465,050 | +€179,307 | +62.8% |
| Amounts receivable within one year | 40/41 | €12,267 | €3,374 | -€8,893 | -72.5% |
| Trade receivables | 40 | - | €2,811 | +€2,811 | |
| Other amounts receivable | 41 | €12,267 | €563 | -€11,704 | -95.4% |
| Cash at bank and in hand | 54/58 | €273,476 | €461,676 | +€188,199 | +68.8% |
| Total equity and liabilities | 10/49 | €970,935 | €1,112,295 | +€141,360 | +14.6% |
| Equity | 10/15 | €364,984 | €499,045 | +€134,061 | +36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €220,684 | €392,845 | +€172,161 | +78.0% |
| Distributable reserves | 133 | €220,684 | €392,845 | +€172,161 | +78.0% |
| Profit (loss) carried forward | 14 | €138,100 | €100,000 | -€38,100 | -27.6% |
| Amounts payable | 17/49 | €605,951 | €613,250 | +€7,299 | +1.2% |
| Amounts payable after more than one year | 17 | €39,767 | €30,443 | -€9,325 | -23.4% |
| Financial debts | 170/4 | €39,767 | €30,443 | -€9,325 | -23.4% |
| Amounts payable within one year | 42/48 | €566,184 | €582,808 | +€16,624 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €9,047 | €9,325 | +€277 | +3.1% |
| Trade debts | 44 | €248 | €367 | +€119 | +47.8% |
| Suppliers | 440/4 | €248 | €367 | +€119 | +47.8% |
| Taxes, remuneration and social security | 45 | €942 | €5,231 | +€4,289 | +455.3% |
| Taxes | 450/3 | €942 | €5,231 | +€4,289 | +455.3% |
| Other amounts payable | 47/48 | €555,946 | €567,885 | +€11,939 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,437 | €37,946 | -€2,491 | -6.2% |
| Other operating charges | 640/8 | €5,016 | €4,297 | -€719 | -14.3% |
| Gross operating margin | 9900 | €150,184 | €225,274 | +€75,090 | +50.0% |
| Operating profit (loss) | 9901 | €104,731 | €183,031 | +€78,300 | +74.8% |
| Financial charges | 65/66B | €1,870 | €1,667 | -€203 | -10.8% |
| Recurring financial charges | 65 | €1,870 | €1,667 | -€203 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €102,861 | €181,364 | +€78,503 | +76.3% |
| Income taxes | 67/77 | €23,198 | €47,303 | +€24,104 | +103.9% |
| Profit (loss) for the period | 9904 | €79,662 | €134,061 | +€54,399 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,662 | €134,061 | +€54,399 | +68.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.