CARIMMODEM: what changed
Two fiscal 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.
CARIMMODEM
Largest movements
- Cash -€103,848
down €103,848 (-49.4%), from €210,063 to €106,215
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€29,035)
- Tangible fixed assets +€12,078
up €12,078 (+9.3%), from €130,459 to €142,536
of which Land and buildings: +€23,318
- Profit (loss) carried forward -€76,393
down €76,393, from €70,232 to -€6,162
- Trade debts -€20,728
down €20,728 (-97.6%), from €21,230 to €502
- Gross operating margin -€146,102
down €146,102 (-91.6%), from €159,467 to €13,364
- Purchases and services -€29,704
no longer reported in 2025 (was €29,704)
- Depreciation -€23,983
down €23,983 (-58.6%), from €40,940 to €16,957
- Taxes +€19,192
new in 2025: €19,192
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,804 | €249,663 | -€95,141 | -27.6% |
| Fixed assets | 21/28 | €130,459 | €142,536 | +€12,078 | +9.3% |
| Tangible fixed assets | 22/27 | €130,459 | €142,536 | +€12,078 | +9.3% |
| Land and buildings | 22 | €88,757 | €112,074 | +€23,318 | +26.3% |
| Plant, machinery and equipment | 23 | €41,702 | €30,462 | -€11,240 | -27.0% |
| Current assets | 29/58 | €214,346 | €107,127 | -€107,219 | -50.0% |
| Amounts receivable within one year | 40/41 | €4,283 | €912 | -€3,371 | -78.7% |
| Trade receivables | 40 | - | €63 | +€63 | |
| Other amounts receivable | 41 | €4,283 | €849 | -€3,434 | -80.2% |
| Cash at bank and in hand | 54/58 | €210,063 | €106,215 | -€103,848 | -49.4% |
| Total equity and liabilities | 10/49 | €344,804 | €249,663 | -€95,141 | -27.6% |
| Equity | 10/15 | €322,174 | €245,781 | -€76,393 | -23.7% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €3,943 | €3,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,943 | €3,943 | = | 0.0% |
| Legal reserve | 130 | €3,943 | €3,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,232 | -€6,162 | -€76,393 | |
| Amounts payable | 17/49 | €22,630 | €3,882 | -€18,748 | -82.8% |
| Amounts payable after more than one year | 17 | - | €1,400 | +€1,400 | |
| Financial debts | 170/4 | - | €1,400 | +€1,400 | |
| Amounts payable within one year | 42/48 | €22,630 | €852 | -€21,778 | -96.2% |
| Trade debts | 44 | €21,230 | €502 | -€20,728 | -97.6% |
| Suppliers | 440/4 | €21,230 | €502 | -€20,728 | -97.6% |
| Other amounts payable | 47/48 | €1,400 | €350 | -€1,050 | -75.0% |
| Accrued charges and deferred income | 492/3 | - | €1,630 | +€1,630 | |
| Turnover | 70 | €871 | - | -€871 | |
| Goods, raw materials, services and sundry goods | 60/61 | €29,704 | - | -€29,704 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,940 | €16,957 | -€23,983 | -58.6% |
| Other operating charges | 640/8 | €4,199 | €3,496 | -€703 | -16.7% |
| Gross operating margin | 9900 | €159,467 | €13,364 | -€146,102 | -91.6% |
| Operating profit (loss) | 9901 | €114,328 | -€7,089 | -€121,417 | |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €223 | €219 | -€5 | -2.0% |
| Recurring financial charges | 65 | €223 | €219 | -€5 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €114,105 | -€7,201 | -€121,305 | |
| Income taxes | 67/77 | - | €19,192 | +€19,192 | |
| Profit (loss) for the period | 9904 | €114,105 | -€26,393 | -€140,498 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,105 | -€26,393 | -€140,498 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.