Carick: 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.
Carick
Largest movements
- Stocks and contracts -€2.7m
down €2.7m (-38.0%), from €7.0m to €4.4m
- Advances received -€2.8m
down €2.8m (-76.7%), from €3.7m to €852,913
- Other debts +€582,447
up €582,447 (+105%), from €554,300 to €1.1m
- Short-term financial debts -€550,000
down €550,000 (-27.5%), from €2.0m to €1.5m
- Trade debts -€144,892
down €144,892 (-29.3%), from €494,988 to €350,096
- Profit (loss) carried forward +€126,093
up €126,093 (+46.8%), from €269,181 to €395,274
- Gross operating margin +€71,981
up €71,981 (+40.0%), from €179,918 to €251,900
- Financial charges -€39,473
down €39,473 (-35.1%), from €112,316 to €72,843
- Taxes +€27,954
up €27,954 (+149%), from €18,745 to €46,699
- Financial income -€7,552
down €7,552 (-93.6%), from €8,069 to €516
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 | €7,174,104 | €4,439,746 | -€2.7m | -38.1% |
| Fixed assets | 21/28 | €27,123 | €19,842 | -€7,281 | -26.8% |
| Tangible fixed assets | 22/27 | €27,123 | €19,842 | -€7,281 | -26.8% |
| Plant, machinery and equipment | 23 | €27,123 | €19,842 | -€7,281 | -26.8% |
| Current assets | 29/58 | €7,146,981 | €4,419,904 | -€2.7m | -38.2% |
| Stocks and contracts in progress | 3 | €7,026,960 | €4,355,756 | -€2.7m | -38.0% |
| Contracts in progress | 37 | €7,026,960 | €4,355,756 | -€2.7m | -38.0% |
| Amounts receivable within one year | 40/41 | €21,935 | €8,880 | -€13,054 | -59.5% |
| Trade receivables | 40 | €20,758 | €8,880 | -€11,878 | -57.2% |
| Other amounts receivable | 41 | €1,177 | - | -€1,177 | |
| Cash at bank and in hand | 54/58 | €96,824 | €48,081 | -€48,743 | -50.3% |
| Deferred charges and accrued income | 490/1 | €1,262 | €7,187 | +€5,925 | +469% |
| Total equity and liabilities | 10/49 | €7,174,104 | €4,439,746 | -€2.7m | -38.1% |
| Equity | 10/15 | €377,554 | €503,647 | +€126,093 | +33.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €8,373 | €8,373 | = | 0.0% |
| Distributable reserves | 133 | €8,373 | €8,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,181 | €395,274 | +€126,093 | +46.8% |
| Amounts payable | 17/49 | €6,796,549 | €3,936,099 | -€2.9m | -42.1% |
| Amounts payable within one year | 42/48 | €6,796,549 | €3,935,830 | -€2.9m | -42.1% |
| Financial debts | 43 | €2,000,000 | €1,450,000 | -€550,000 | -27.5% |
| Credit institutions | 430/8 | €2,000,000 | €1,450,000 | -€550,000 | -27.5% |
| Trade debts | 44 | €494,988 | €350,096 | -€144,892 | -29.3% |
| Suppliers | 440/4 | €494,988 | €350,096 | -€144,892 | -29.3% |
| Advances received on contracts in progress | 46 | €3,663,454 | €852,913 | -€2.8m | -76.7% |
| Taxes, remuneration and social security | 45 | €83,808 | €146,075 | +€62,267 | +74.3% |
| Taxes | 450/3 | €83,808 | €146,075 | +€62,267 | +74.3% |
| Other amounts payable | 47/48 | €554,300 | €1,136,746 | +€582,447 | +105% |
| Accrued charges and deferred income | 492/3 | - | €269 | +€269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,867 | €4,375 | -€493 | -10.1% |
| Other operating charges | 640/8 | €2,274 | €1,983 | -€291 | -12.8% |
| Non-recurring operating charges | 66A | - | €423 | +€423 | |
| Gross operating margin | 9900 | €179,918 | €251,900 | +€71,981 | +40.0% |
| Operating profit (loss) | 9901 | €172,777 | €245,118 | +€72,342 | +41.9% |
| Financial income | 75/76B | €8,069 | €516 | -€7,552 | -93.6% |
| Recurring financial income | 75 | €8,069 | €516 | -€7,552 | -93.6% |
| Financial charges | 65/66B | €112,316 | €72,843 | -€39,473 | -35.1% |
| Recurring financial charges | 65 | €112,316 | €72,843 | -€39,473 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €68,529 | €172,792 | +€104,263 | +152% |
| Income taxes | 67/77 | €18,745 | €46,699 | +€27,954 | +149% |
| Profit (loss) for the period | 9904 | €49,784 | €126,093 | +€76,309 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €49,784 | €126,093 | +€76,309 | +153% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.