Carina + David: 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.
Carina + David
Largest movements
- Tangible fixed assets -€6,516
down €6,516 (-88.7%), from €7,345 to €829
of which Land and buildings: -€4,370
- Receivables within one year -€583
down €583 (-18.3%), from €3,195 to €2,611
of which Trade receivables: -€546
- Cash -€425
down €425 (-97.9%), from €434 to €9
mainly Net result for the year (-€5,772) and Tax, wage and social debts (-€3,574)
- Formation expenses -€215
down €215 (-100%), from €215 to €0
- Profit (loss) carried forward -€5,772
down €5,772 (-17.4%), from -€33,102 to -€38,874
- Tax, wage and social debts -€3,574
down €3,574 (-12.7%), from €28,227 to €24,653
of which Remuneration and social security: -€6,956
- Other debts +€860
up €860 (+12.2%), from €7,028 to €7,889
- Trade debts +€746
up €746 (+10.6%), from €7,035 to €7,781
- Gross operating margin +€4,208
up €4,208 (+65.3%), from -€6,446 to -€2,238
- Depreciation -€2,989
down €2,989 (-64.2%), from €4,654 to €1,665
- Staff costs -€2,196
down €2,196, from €1,717 to -€480
- Other operating charges +€793
up €793 (+602%), from €132 to €925
- Financial charges +€151
up €151 (+106%), from €142 to €293
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,189 | €3,449 | -€7,739 | -69.2% |
| Formation expenses | 20 | €215 | €0 | -€215 | -100% |
| Fixed assets | 21/28 | €7,345 | €829 | -€6,516 | -88.7% |
| Tangible fixed assets | 22/27 | €7,345 | €829 | -€6,516 | -88.7% |
| Land and buildings | 22 | €4,370 | €0 | -€4,370 | -100% |
| Plant, machinery and equipment | 23 | €1,895 | €699 | -€1,196 | -63.1% |
| Furniture and vehicles | 24 | €1,080 | €130 | -€950 | -87.9% |
| Current assets | 29/58 | €3,629 | €2,620 | -€1,009 | -27.8% |
| Amounts receivable within one year | 40/41 | €3,195 | €2,611 | -€583 | -18.3% |
| Trade receivables | 40 | €3,145 | €2,599 | -€546 | -17.4% |
| Other amounts receivable | 41 | €49 | €12 | -€37 | -75.5% |
| Cash at bank and in hand | 54/58 | €434 | €9 | -€425 | -97.9% |
| Total equity and liabilities | 10/49 | €11,189 | €3,449 | -€7,739 | -69.2% |
| Equity | 10/15 | -€31,102 | -€36,874 | -€5,772 | -18.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,102 | -€38,874 | -€5,772 | -17.4% |
| Amounts payable | 17/49 | €42,291 | €40,323 | -€1,968 | -4.7% |
| Amounts payable within one year | 42/48 | €42,291 | €40,323 | -€1,968 | -4.7% |
| Trade debts | 44 | €7,035 | €7,781 | +€746 | +10.6% |
| Suppliers | 440/4 | €7,035 | €7,781 | +€746 | +10.6% |
| Taxes, remuneration and social security | 45 | €28,227 | €24,653 | -€3,574 | -12.7% |
| Taxes | 450/3 | €1,369 | €4,751 | +€3,382 | +247% |
| Remuneration and social security | 454/9 | €26,858 | €19,902 | -€6,956 | -25.9% |
| Other amounts payable | 47/48 | €7,028 | €7,889 | +€860 | +12.2% |
| Remuneration, social security and pensions | 62 | €1,717 | -€480 | -€2,196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,654 | €1,665 | -€2,989 | -64.2% |
| Other operating charges | 640/8 | €132 | €925 | +€793 | +602% |
| Non-recurring operating charges | 66A | - | €1,136 | +€1,136 | |
| Gross operating margin | 9900 | -€6,446 | -€2,238 | +€4,208 | +65.3% |
| Operating profit (loss) | 9901 | -€12,948 | -€5,484 | +€7,464 | +57.6% |
| Financial income | 75/76B | €6 | €5 | -€1 | -18.5% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -18.5% |
| Financial charges | 65/66B | €142 | €293 | +€151 | +106% |
| Recurring financial charges | 65 | €142 | €293 | +€151 | +106% |
| Profit (loss) for the period before taxes | 9903 | -€13,084 | -€5,772 | +€7,312 | +55.9% |
| Profit (loss) for the period | 9904 | -€13,084 | -€5,772 | +€7,312 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,084 | -€5,772 | +€7,312 | +55.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.