CARI-DESIGN: 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.
CARI-DESIGN
Largest movements
- Tangible fixed assets +€457,024
up €457,024 (+320%), from €142,740 to €599,763
of which Land and buildings: +€454,459
- Cash -€181,166
down €181,166 (-83.0%), from €218,157 to €36,991
mainly Investment in fixed assets (net) (-€509,765) and Receivables within one year (-€143,658)
- Receivables within one year +€143,658
up €143,658 (+165%), from €87,188 to €230,846
of which Other amounts receivable: +€100,589
- Stocks and contracts -€27,152
down €27,152 (-76.6%), from €35,430 to €8,278
- Receivables after one year -€13,000
down €13,000 (-13.0%), from €100,000 to €87,000
- Debts after one year +€341,355
new in 2025: €341,355
- Profit (loss) carried forward -€46,008
down €46,008 (-12.2%), from €375,806 to €329,797
- Trade debts +€38,321
up €38,321 (+36.4%), from €105,205 to €143,525
- Current portion of long-term debt +€33,058
new in 2025: €33,058
- Other debts +€10,000
new in 2025: €10,000
- Depreciation +€25,951
up €25,951 (+87.6%), from €29,630 to €55,581
- Gross operating margin -€18,650
down €18,650 (-7.7%), from €242,205 to €223,555
- Staff costs +€18,630
up €18,630 (+10.4%), from €179,595 to €198,226
- Financial charges +€5,727
up €5,727 (+331%), from €1,732 to €7,459
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.
Derived cash bridge
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 | €586,354 | €962,878 | +€376,524 | +64.2% |
| Fixed assets | 21/28 | €145,580 | €599,763 | +€454,184 | +312% |
| Tangible fixed assets | 22/27 | €142,740 | €599,763 | +€457,024 | +320% |
| Land and buildings | 22 | €60,407 | €514,866 | +€454,459 | +752% |
| Plant, machinery and equipment | 23 | €76,965 | €78,860 | +€1,895 | +2.5% |
| Furniture and vehicles | 24 | €5,368 | €6,038 | +€670 | +12.5% |
| Financial fixed assets | 28 | €2,840 | - | -€2,840 | |
| Current assets | 29/58 | €440,775 | €363,115 | -€77,660 | -17.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €87,000 | -€13,000 | -13.0% |
| Other amounts receivable | 291 | €100,000 | €87,000 | -€13,000 | -13.0% |
| Stocks and contracts in progress | 3 | €35,430 | €8,278 | -€27,152 | -76.6% |
| Stocks | 30/36 | €35,430 | €8,278 | -€27,152 | -76.6% |
| Amounts receivable within one year | 40/41 | €87,188 | €230,846 | +€143,658 | +165% |
| Trade receivables | 40 | €75,131 | €118,200 | +€43,069 | +57.3% |
| Other amounts receivable | 41 | €12,057 | €112,646 | +€100,589 | +834% |
| Cash at bank and in hand | 54/58 | €218,157 | €36,991 | -€181,166 | -83.0% |
| Total equity and liabilities | 10/49 | €586,354 | €962,878 | +€376,524 | +64.2% |
| Equity | 10/15 | €466,911 | €419,697 | -€47,214 | -10.1% |
| Contributions | 10/11 | €37,900 | €37,900 | = | 0.0% |
| Reserves | 13 | €41,757 | €41,757 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,757 | €41,757 | = | 0.0% |
| Profit (loss) carried forward | 14 | €375,806 | €329,797 | -€46,008 | -12.2% |
| Investment grants | 15 | €11,448 | €10,242 | -€1,206 | -10.5% |
| Amounts payable | 17/49 | €119,443 | €543,182 | +€423,739 | +355% |
| Amounts payable after more than one year | 17 | - | €341,355 | +€341,355 | |
| Financial debts | 170/4 | - | €341,355 | +€341,355 | |
| Amounts payable within one year | 42/48 | €119,443 | €201,827 | +€82,384 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | - | €33,058 | +€33,058 | |
| Trade debts | 44 | €105,205 | €143,525 | +€38,321 | +36.4% |
| Suppliers | 440/4 | €105,205 | €143,525 | +€38,321 | +36.4% |
| Taxes, remuneration and social security | 45 | €14,238 | €15,244 | +€1,006 | +7.1% |
| Remuneration and social security | 454/9 | €14,238 | €15,244 | +€1,006 | +7.1% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €179,595 | €198,226 | +€18,630 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,630 | €55,581 | +€25,951 | +87.6% |
| Other operating charges | 640/8 | €7,239 | €9,210 | +€1,971 | +27.2% |
| Gross operating margin | 9900 | €242,205 | €223,555 | -€18,650 | -7.7% |
| Operating profit (loss) | 9901 | €25,741 | -€39,462 | -€65,203 | |
| Financial income | 75/76B | €1,657 | €1,303 | -€354 | -21.4% |
| Recurring financial income | 75 | €1,657 | €1,303 | -€354 | -21.4% |
| Financial charges | 65/66B | €1,732 | €7,459 | +€5,727 | +331% |
| Recurring financial charges | 65 | €1,732 | €7,459 | +€5,727 | +331% |
| Profit (loss) for the period before taxes | 9903 | €25,666 | -€45,618 | -€71,284 | |
| Income taxes | 67/77 | €198 | €391 | +€193 | +97.7% |
| Profit (loss) for the period | 9904 | €25,468 | -€46,008 | -€71,477 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,468 | -€46,008 | -€71,477 |
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 18 October 2026 via checked.be.