Caribel: 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.
Caribel
Largest movements
- Receivables within one year -€202,607
down €202,607 (-22.8%), from €890,566 to €687,959
of which Trade receivables: -€200,236
- Cash +€103,874
up €103,874 (+189%), from €55,030 to €158,904
mainly Receivables within one year (+€202,607) and Depreciation (+€28,756)
- Tangible fixed assets -€23,619
down €23,619 (-28.0%), from €84,280 to €60,661
of which Plant, machinery and equipment: -€19,100
- Trade debts -€111,273
down €111,273 (-10.4%), from €1.1m to €958,628
- Tax, wage and social debts -€17,395
down €17,395 (-7.6%), from €229,929 to €212,533
of which Remuneration and social security: -€34,829
- Gross operating margin -€137,837
down €137,837 (-9.5%), from €1.5m to €1.3m
- Staff costs -€108,966
down €108,966 (-8.1%), from €1.4m to €1.2m
- Depreciation -€26,989
down €26,989 (-48.4%), from €55,744 to €28,756
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 | €1,253,989 | €1,126,501 | -€127,488 | -10.2% |
| Fixed assets | 21/28 | €89,665 | €60,909 | -€28,756 | -32.1% |
| Intangible fixed assets | 21 | €5,137 | €0 | -€5,137 | -100% |
| Tangible fixed assets | 22/27 | €84,280 | €60,661 | -€23,619 | -28.0% |
| Plant, machinery and equipment | 23 | €65,027 | €45,927 | -€19,100 | -29.4% |
| Other tangible fixed assets | 26 | €19,253 | €14,734 | -€4,519 | -23.5% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €1,164,324 | €1,065,592 | -€98,733 | -8.5% |
| Stocks and contracts in progress | 3 | €218,728 | €218,728 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Contracts in progress | 37 | €203,728 | €203,728 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €890,566 | €687,959 | -€202,607 | -22.8% |
| Trade receivables | 40 | €888,195 | €687,959 | -€200,236 | -22.5% |
| Other amounts receivable | 41 | €2,371 | €0 | -€2,371 | -100% |
| Cash at bank and in hand | 54/58 | €55,030 | €158,904 | +€103,874 | +189% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,253,989 | €1,126,501 | -€127,488 | -10.2% |
| Equity | 10/15 | -€45,840 | -€44,660 | +€1,180 | +2.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,340 | -€116,160 | +€1,180 | +1.0% |
| Amounts payable | 17/49 | €1,299,829 | €1,171,161 | -€128,668 | -9.9% |
| Amounts payable within one year | 42/48 | €1,299,829 | €1,171,161 | -€128,668 | -9.9% |
| Trade debts | 44 | €1,069,900 | €958,628 | -€111,273 | -10.4% |
| Suppliers | 440/4 | €1,069,900 | €958,628 | -€111,273 | -10.4% |
| Taxes, remuneration and social security | 45 | €229,929 | €212,533 | -€17,395 | -7.6% |
| Taxes | 450/3 | €59,369 | €76,803 | +€17,434 | +29.4% |
| Remuneration and social security | 454/9 | €170,560 | €135,731 | -€34,829 | -20.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,353,611 | €1,244,645 | -€108,966 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,744 | €28,756 | -€26,989 | -48.4% |
| Other operating charges | 640/8 | €10,745 | €16,380 | +€5,634 | +52.4% |
| Non-recurring operating charges | 66A | €322 | €0 | -€322 | -100% |
| Gross operating margin | 9900 | €1,452,378 | €1,314,541 | -€137,837 | -9.5% |
| Operating profit (loss) | 9901 | €31,955 | €24,761 | -€7,194 | -22.5% |
| Financial income | 75/76B | €8,628 | €1,963 | -€6,665 | -77.2% |
| Recurring financial income | 75 | €8,628 | €1,963 | -€6,665 | -77.2% |
| Financial charges | 65/66B | €20,193 | €11,543 | -€8,650 | -42.8% |
| Recurring financial charges | 65 | €20,193 | €11,543 | -€8,650 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €20,391 | €15,181 | -€5,210 | -25.6% |
| Income taxes | 67/77 | €15,448 | €14,001 | -€1,446 | -9.4% |
| Profit (loss) for the period | 9904 | €4,943 | €1,180 | -€3,764 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,943 | €1,180 | -€3,764 | -76.1% |
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 24 October 2026 via checked.be.