Carimans: 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.
Carimans
Largest movements
- Receivables within one year +€482,229
up €482,229 (+378%), from €127,556 to €609,785
of which Trade receivables: +€343,387
- Tangible fixed assets +€55,294
up €55,294 (+53.9%), from €102,636 to €157,930
of which Furniture and vehicles: +€46,253
- Cash +€45,032
up €45,032 (+36.6%), from €123,110 to €168,143
mainly Trade debts (+€377,679) and Debts after one year (+€100,000)
- Stocks and contracts +€13,652
up €13,652, from €0 to €13,652
- Trade debts +€377,679
up €377,679 (+178%), from €212,702 to €590,380
- Debts after one year +€100,000
new in 2025: €100,000
- Reserves +€70,334
up €70,334 (+60.9%), from €115,551 to €185,885
of which Distributable reserves: +€70,334
- Advances received +€46,127
new in 2025: €46,127
- Current portion of long-term debt +€16,745
new in 2025: €16,745
- Staff costs -€12,423
down €12,423 (-96.3%), from €12,898 to €475
- Taxes -€12,047
down €12,047 (-28.3%), from €42,534 to €30,487
- Gross operating margin +€11,180
up €11,180 (+8.5%), from €131,992 to €143,171
- Financial income +€5,328
up €5,328 (+265%), from €2,010 to €7,339
- Other operating charges +€3,356
up €3,356 (+110%), from €3,057 to €6,413
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 | €356,827 | €959,907 | +€603,079 | +169% |
| Fixed assets | 21/28 | €105,367 | €160,661 | +€55,294 | +52.5% |
| Tangible fixed assets | 22/27 | €102,636 | €157,930 | +€55,294 | +53.9% |
| Plant, machinery and equipment | 23 | €29,369 | €38,411 | +€9,042 | +30.8% |
| Furniture and vehicles | 24 | €73,267 | €119,519 | +€46,253 | +63.1% |
| Financial fixed assets | 28 | €2,731 | €2,731 | = | 0.0% |
| Current assets | 29/58 | €251,460 | €799,245 | +€547,785 | +218% |
| Stocks and contracts in progress | 3 | €0 | €13,652 | +€13,652 | |
| Stocks | 30/36 | €0 | €13,652 | +€13,652 | |
| Amounts receivable within one year | 40/41 | €127,556 | €609,785 | +€482,229 | +378% |
| Trade receivables | 40 | €28,394 | €371,781 | +€343,387 | +1,209% |
| Other amounts receivable | 41 | €99,162 | €238,004 | +€138,842 | +140% |
| Cash at bank and in hand | 54/58 | €123,110 | €168,143 | +€45,032 | +36.6% |
| Deferred charges and accrued income | 490/1 | €794 | €7,666 | +€6,871 | +865% |
| Total equity and liabilities | 10/49 | €356,827 | €959,907 | +€603,079 | +169% |
| Equity | 10/15 | €125,730 | €196,064 | +€70,334 | +55.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €115,551 | €185,885 | +€70,334 | +60.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,691 | €184,025 | +€70,334 | +61.9% |
| Profit (loss) carried forward | 14 | €179 | €179 | = | 0.0% |
| Amounts payable | 17/49 | €231,098 | €763,843 | +€532,745 | +231% |
| Amounts payable after more than one year | 17 | - | €100,000 | +€100,000 | |
| Financial debts | 170/4 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €231,098 | €663,843 | +€432,745 | +187% |
| Current portion of amounts payable after more than one year | 42 | - | €16,745 | +€16,745 | |
| Trade debts | 44 | €212,702 | €590,380 | +€377,679 | +178% |
| Suppliers | 440/4 | €212,702 | €590,380 | +€377,679 | +178% |
| Advances received on contracts in progress | 46 | - | €46,127 | +€46,127 | |
| Taxes, remuneration and social security | 45 | €18,396 | €10,591 | -€7,805 | -42.4% |
| Taxes | 450/3 | €18,396 | €10,591 | -€7,805 | -42.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €13,925 | - | -€13,925 | |
| Remuneration, social security and pensions | 62 | €12,898 | €475 | -€12,423 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,802 | €28,356 | +€1,553 | +5.8% |
| Other operating charges | 640/8 | €3,057 | €6,413 | +€3,356 | +110% |
| Non-recurring operating charges | 66A | €19,900 | €12,522 | -€7,378 | -37.1% |
| Gross operating margin | 9900 | €131,992 | €143,171 | +€11,180 | +8.5% |
| Operating profit (loss) | 9901 | €69,334 | €95,406 | +€26,072 | +37.6% |
| Financial income | 75/76B | €2,010 | €7,339 | +€5,328 | +265% |
| Recurring financial income | 75 | €2,010 | €7,339 | +€5,328 | +265% |
| Financial charges | 65/66B | €120 | €1,923 | +€1,803 | +1,501% |
| Recurring financial charges | 65 | €120 | €1,923 | +€1,803 | +1,501% |
| Profit (loss) for the period before taxes | 9903 | €71,225 | €100,821 | +€29,596 | +41.6% |
| Income taxes | 67/77 | €42,534 | €30,487 | -€12,047 | -28.3% |
| Profit (loss) for the period | 9904 | €28,691 | €70,334 | +€41,643 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €28,691 | €70,334 | +€41,643 | +145% |
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 17 October 2026 via checked.be.