Carimar: 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.
What changed
Carimar
NACE 46.835, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€146,284
2024 · -€171,247+€317,531
Equity
€1.0m
2024 · €860,944+€146,284
Cash
€158,044
2024 · €190,230-€32,186
Balance sheet total
€4.2m
2024 · €3.8m+€378,969
Largest movements
Assets
- Receivables within one year +€225,563
up €225,563 (+23.9%), from €944,949 to €1.2m
of which Trade receivables: +€235,048
- Stocks and contracts +€131,312
up €131,312 (+8.8%), from €1.5m to €1.6m
- Tangible fixed assets +€61,149
up €61,149 (+10.3%), from €592,128 to €653,277
of which Furniture and vehicles: +€98,303
Equity and liabilities
- Profit (loss) carried forward +€138,970
up €138,970, from -€134,535 to €4,434
- Short-term financial debts +€125,049
up €125,049 (+9.4%), from €1.3m to €1.5m
- Accrued charges and deferred income +€90,734
new in 2025: €90,734
- Debts after one year -€73,852
down €73,852 (-12.0%), from €616,104 to €542,252
of which Financial debts: -€73,852
- Tax, wage and social debts +€57,015
up €57,015 (+18.8%), from €302,575 to €359,589
of which Taxes: +€63,004
Income statement
- Gross operating margin +€422,518
up €422,518 (+20.3%), from €2.1m to €2.5m
- Depreciation -€111,199
down €111,199 (-28.3%), from €393,546 to €282,348
- Provisions +€104,035
up €104,035, from -€35,915 to €68,120
- Taxes +€63,346
up €63,346 (+1885.8%), from €3,359 to €66,705
- Staff costs +€54,326
up €54,326 (+3.1%), from €1.7m to €1.8m
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.
Result 2024
-€171,247
Gross operating margin
+€422,518
Staff costs
-€54,326
Depreciation
+€111,199
Write-downs
+€7,970
Provisions
-€104,035
Other operating charges
-€1,777
Financial income
-€824
Financial charges
+€152
Taxes
-€63,346
Result 2025
€146,284
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.
From operations
+€246,707
Investment
-€343,497
Financing
+€64,603
Cash 2024
€190,230
From operations (derived)
+€246,707
Net result for the year
+€146,284
Depreciation
+€282,348
Stocks and contracts
-€131,312
Receivables within one year
-€225,563
Deferred charges and accrued income
+€6,869
Trade debts
+€20,333
Tax, wage and social debts
+€57,015
Accrued charges and deferred income
+€90,734
Investment (derived)
-€343,497
Investment in fixed assets (net)
-€343,497
Financing
+€64,603
Debts after one year
-€73,852
Current portion of long-term debt
+€13,407
Short-term financial debts
+€125,049
Cash 2025
€158,044
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,824,753 | €4,203,722 | +€378,969 | +9.9% |
| Fixed assets | 21/28 | €1,169,633 | €1,230,782 | +€61,149 | +5.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €592,128 | €653,277 | +€61,149 | +10.3% |
| Land and buildings | 22 | €308,692 | €272,965 | -€35,727 | -11.6% |
| Plant, machinery and equipment | 23 | €61,875 | €63,637 | +€1,762 | +2.8% |
| Furniture and vehicles | 24 | €193,653 | €291,956 | +€98,303 | +50.8% |
| Leasing and similar rights | 25 | €27,907 | €24,718 | -€3,189 | -11.4% |
| Financial fixed assets | 28 | €577,505 | €577,505 | = | 0.0% |
| Current assets | 29/58 | €2,655,120 | €2,972,940 | +€317,821 | +12.0% |
| Stocks and contracts in progress | 3 | €1,493,531 | €1,624,843 | +€131,312 | +8.8% |
| Stocks | 30/36 | €1,493,531 | €1,624,843 | +€131,312 | +8.8% |
| Amounts receivable within one year | 40/41 | €944,949 | €1,170,512 | +€225,563 | +23.9% |
| Trade receivables | 40 | €935,465 | €1,170,512 | +€235,048 | +25.1% |
| Other amounts receivable | 41 | €9,485 | - | -€9,485 | |
| Cash at bank and in hand | 54/58 | €190,230 | €158,044 | -€32,186 | -16.9% |
| Deferred charges and accrued income | 490/1 | €26,409 | €19,541 | -€6,869 | -26.0% |
| Total equity and liabilities | 10/49 | €3,824,753 | €4,203,722 | +€378,969 | +9.9% |
| Equity | 10/15 | €860,944 | €1,007,227 | +€146,284 | +17.0% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Capital | 10 | €750,000 | €750,000 | = | 0.0% |
| Issued capital | 100 | €750,000 | €750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €17,110 | €17,110 | = | 0.0% |
| Reserves | 13 | €228,369 | €235,684 | +€7,314 | +3.2% |
| Non-distributable reserves | 130/1 | €62,601 | €69,916 | +€7,314 | +11.7% |
| Legal reserve | 130 | €62,601 | €69,916 | +€7,314 | +11.7% |
| Tax-exempt reserves | 132 | €165,768 | €165,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,535 | €4,434 | +€138,970 | |
| Amounts payable | 17/49 | €2,963,809 | €3,196,495 | +€232,686 | +7.9% |
| Amounts payable after more than one year | 17 | €616,104 | €542,252 | -€73,852 | -12.0% |
| Financial debts | 170/4 | €451,104 | €377,252 | -€73,852 | -16.4% |
| Other amounts payable | 178/9 | €165,000 | €165,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,347,705 | €2,563,508 | +€215,804 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €267,238 | €280,645 | +€13,407 | +5.0% |
| Financial debts | 43 | €1,325,000 | €1,450,049 | +€125,049 | +9.4% |
| Credit institutions | 430/8 | €1,325,000 | €1,450,049 | +€125,049 | +9.4% |
| Trade debts | 44 | €452,892 | €473,225 | +€20,333 | +4.5% |
| Suppliers | 440/4 | €452,892 | €473,225 | +€20,333 | +4.5% |
| Taxes, remuneration and social security | 45 | €302,575 | €359,589 | +€57,015 | +18.8% |
| Taxes | 450/3 | €137,415 | €200,418 | +€63,004 | +45.8% |
| Remuneration and social security | 454/9 | €165,160 | €159,171 | -€5,989 | -3.6% |
| Accrued charges and deferred income | 492/3 | - | €90,734 | +€90,734 | |
| Non-recurring operating income | 76A | €25,500 | €7,851 | -€17,649 | -69.2% |
| Remuneration, social security and pensions | 62 | €1,730,367 | €1,784,693 | +€54,326 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393,546 | €282,348 | -€111,199 | -28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,970 | - | -€7,970 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€35,915 | €68,120 | +€104,035 | |
| Other operating charges | 640/8 | €11,526 | €13,304 | +€1,777 | +15.4% |
| Gross operating margin | 9900 | €2,077,762 | €2,500,281 | +€422,518 | +20.3% |
| Operating profit (loss) | 9901 | -€29,732 | €351,816 | +€381,548 | |
| Financial income | 75/76B | €3,745 | €2,921 | -€824 | -22.0% |
| Recurring financial income | 75 | €3,745 | €2,921 | -€824 | -22.0% |
| Financial charges | 65/66B | €141,901 | €141,748 | -€152 | -0.1% |
| Recurring financial charges | 65 | €141,901 | €141,748 | -€152 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€167,888 | €212,989 | +€380,877 | |
| Income taxes | 67/77 | €3,359 | €66,705 | +€63,346 | +1885.8% |
| Profit (loss) for the period | 9904 | -€171,247 | €146,284 | +€317,531 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171,247 | €146,284 | +€317,531 |
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 9 October 2026 via checked.be.