CARIVA: 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.
CARIVA
Largest movements
- Tangible fixed assets +€48,430
up €48,430 (+64.7%), from €74,859 to €123,289
of which Leasing and similar rights: +€58,884
- Receivables within one year +€21,939
up €21,939 (+44.2%), from €49,676 to €71,615
of which Trade receivables: +€16,050
- Cash +€10,628
up €10,628 (+26.5%), from €40,104 to €50,732
mainly Debts after one year (+€36,431) and Depreciation (+€27,774)
- Stocks and contracts +€6,542
up €6,542 (+44.2%), from €14,809 to €21,351
- Deferred charges and accrued income +€2,916
up €2,916 (+908%), from €321 to €3,237
- Debts after one year +€36,431
up €36,431 (+141%), from €25,871 to €62,302
- Reserves +€26,000
up €26,000 (+46.0%), from €56,495 to €82,495
- Current portion of long-term debt +€11,911
up €11,911 (+103%), from €11,536 to €23,446
- Accrued charges and deferred income +€11,200
new in 2025: €11,200
- Tax, wage and social debts +€5,788
up €5,788 (+27.3%), from €21,186 to €26,975
of which Taxes: +€4,310
- Purchases and services +€538,055
new in 2025: €538,055
- Gross operating margin +€34,502
up €34,502 (+12.5%), from €275,943 to €310,445
- Staff costs +€12,259
up €12,259 (+5.7%), from €213,503 to €225,762
- Financial charges +€9,077
up €9,077 (+190%), from €4,785 to €13,862
- Depreciation +€4,519
up €4,519 (+19.4%), from €23,254 to €27,774
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 | €188,856 | €279,311 | +€90,455 | +47.9% |
| Fixed assets | 21/28 | €83,946 | €132,375 | +€48,430 | +57.7% |
| Tangible fixed assets | 22/27 | €74,859 | €123,289 | +€48,430 | +64.7% |
| Land and buildings | 22 | €56,940 | €49,181 | -€7,759 | -13.6% |
| Plant, machinery and equipment | 23 | €15,419 | €12,363 | -€3,056 | -19.8% |
| Furniture and vehicles | 24 | €2,501 | €2,861 | +€360 | +14.4% |
| Leasing and similar rights | 25 | - | €58,884 | +€58,884 | |
| Financial fixed assets | 28 | €9,086 | €9,086 | = | 0.0% |
| Current assets | 29/58 | €104,911 | €146,935 | +€42,025 | +40.1% |
| Stocks and contracts in progress | 3 | €14,809 | €21,351 | +€6,542 | +44.2% |
| Stocks | 30/36 | €14,809 | €21,351 | +€6,542 | +44.2% |
| Amounts receivable within one year | 40/41 | €49,676 | €71,615 | +€21,939 | +44.2% |
| Trade receivables | 40 | €49,502 | €65,552 | +€16,050 | +32.4% |
| Other amounts receivable | 41 | €174 | €6,063 | +€5,889 | +3,388% |
| Cash at bank and in hand | 54/58 | €40,104 | €50,732 | +€10,628 | +26.5% |
| Deferred charges and accrued income | 490/1 | €321 | €3,237 | +€2,916 | +908% |
| Total equity and liabilities | 10/49 | €188,856 | €279,311 | +€90,455 | +47.9% |
| Equity | 10/15 | €75,183 | €101,253 | +€26,070 | +34.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,495 | €82,495 | +€26,000 | +46.0% |
| Distributable reserves | 133 | €56,495 | €82,495 | +€26,000 | +46.0% |
| Profit (loss) carried forward | 14 | €88 | €158 | +€70 | +80.0% |
| Amounts payable | 17/49 | €113,674 | €178,058 | +€64,385 | +56.6% |
| Amounts payable after more than one year | 17 | €25,871 | €62,302 | +€36,431 | +141% |
| Financial debts | 170/4 | €25,871 | €62,302 | +€36,431 | +141% |
| Amounts payable within one year | 42/48 | €87,803 | €104,556 | +€16,753 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €11,536 | €23,446 | +€11,911 | +103% |
| Financial debts | 43 | €5,000 | €9,413 | +€4,413 | +88.3% |
| Credit institutions | 430/8 | €5,000 | €9,413 | +€4,413 | +88.3% |
| Trade debts | 44 | €49,612 | €44,722 | -€4,890 | -9.9% |
| Suppliers | 440/4 | €49,612 | €44,722 | -€4,890 | -9.9% |
| Taxes, remuneration and social security | 45 | €21,186 | €26,975 | +€5,788 | +27.3% |
| Taxes | 450/3 | €15,104 | €19,414 | +€4,310 | +28.5% |
| Remuneration and social security | 454/9 | €6,083 | €7,561 | +€1,478 | +24.3% |
| Other amounts payable | 47/48 | €469 | - | -€469 | |
| Accrued charges and deferred income | 492/3 | - | €11,200 | +€11,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €538,055 | +€538,055 | |
| Remuneration, social security and pensions | 62 | €213,503 | €225,762 | +€12,259 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,254 | €27,774 | +€4,519 | +19.4% |
| Other operating charges | 640/8 | €5,985 | €6,402 | +€417 | +7.0% |
| Gross operating margin | 9900 | €275,943 | €310,445 | +€34,502 | +12.5% |
| Operating profit (loss) | 9901 | €33,200 | €50,508 | +€17,308 | +52.1% |
| Financial income | 75/76B | €973 | €655 | -€318 | -32.6% |
| Recurring financial income | 75 | €973 | €655 | -€318 | -32.6% |
| Financial charges | 65/66B | €4,785 | €13,862 | +€9,077 | +190% |
| Recurring financial charges | 65 | €4,785 | €13,862 | +€9,077 | +190% |
| Profit (loss) for the period before taxes | 9903 | €29,388 | €37,301 | +€7,913 | +26.9% |
| Income taxes | 67/77 | €11,826 | €11,231 | -€595 | -5.0% |
| Profit (loss) for the period | 9904 | €17,562 | €26,070 | +€8,508 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,562 | €26,070 | +€8,508 | +48.4% |
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 19 October 2026 via checked.be.