CARLOBO: 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.
CARLOBO
Largest movements
- Cash -€15,392
down €15,392 (-26.4%), from €58,287 to €42,895
mainly Investment in fixed assets (net) (-€40,157) and Current portion of long-term debt (-€22,039)
- Stocks and contracts -€3,350
down €3,350 (-12.0%), from €27,850 to €24,500
- Tangible fixed assets -€2,699
down €2,699 (-2.1%), from €130,126 to €127,428
of which Other tangible fixed assets: -€7,372
- Current portion of long-term debt -€22,039
down €22,039 (-38.9%), from €56,697 to €34,658
- Debts after one year -€19,411
down €19,411 (-43.1%), from €45,083 to €25,672
- Trade debts +€18,950
up €18,950 (+10.2%), from €185,201 to €204,152
- Tax, wage and social debts +€9,693
up €9,693 (+27.1%), from €35,760 to €45,453
of which Taxes: +€9,127
- Other debts -€6,380
down €6,380 (-9.7%), from €65,743 to €59,363
- Gross operating margin +€41,123
up €41,123 (+14.6%), from €281,581 to €322,704
- Staff costs +€39,512
up €39,512 (+16.1%), from €244,724 to €284,236
- Financial income +€16,094
new in 2025: €16,094
of which Non-recurring financial income: +€15,946
- Other operating charges -€7,366
down €7,366 (-48.4%), from €15,231 to €7,866
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 | €260,639 | €241,128 | -€19,511 | -7.5% |
| Fixed assets | 21/28 | €136,330 | €133,906 | -€2,424 | -1.8% |
| Tangible fixed assets | 22/27 | €130,126 | €127,428 | -€2,699 | -2.1% |
| Plant, machinery and equipment | 23 | €94,005 | €101,667 | +€7,662 | +8.2% |
| Furniture and vehicles | 24 | €22,323 | €19,334 | -€2,989 | -13.4% |
| Other tangible fixed assets | 26 | €13,798 | €6,426 | -€7,372 | -53.4% |
| Financial fixed assets | 28 | €6,204 | €6,479 | +€275 | +4.4% |
| Current assets | 29/58 | €124,309 | €107,222 | -€17,088 | -13.7% |
| Stocks and contracts in progress | 3 | €27,850 | €24,500 | -€3,350 | -12.0% |
| Stocks | 30/36 | €27,850 | €24,500 | -€3,350 | -12.0% |
| Amounts receivable within one year | 40/41 | €38,172 | €39,827 | +€1,655 | +4.3% |
| Trade receivables | 40 | €28,172 | €29,827 | +€1,655 | +5.9% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,287 | €42,895 | -€15,392 | -26.4% |
| Total equity and liabilities | 10/49 | €260,639 | €241,128 | -€19,511 | -7.5% |
| Equity | 10/15 | -€127,845 | -€133,497 | -€5,652 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,305 | -€153,957 | -€5,652 | -3.8% |
| Amounts payable | 17/49 | €388,484 | €374,625 | -€13,859 | -3.6% |
| Amounts payable after more than one year | 17 | €45,083 | €25,672 | -€19,411 | -43.1% |
| Financial debts | 170/4 | €45,083 | €25,672 | -€19,411 | -43.1% |
| Amounts payable within one year | 42/48 | €343,401 | €343,626 | +€225 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €56,697 | €34,658 | -€22,039 | -38.9% |
| Trade debts | 44 | €185,201 | €204,152 | +€18,950 | +10.2% |
| Suppliers | 440/4 | €185,201 | €204,152 | +€18,950 | +10.2% |
| Taxes, remuneration and social security | 45 | €35,760 | €45,453 | +€9,693 | +27.1% |
| Taxes | 450/3 | €11,764 | €20,891 | +€9,127 | +77.6% |
| Remuneration and social security | 454/9 | €23,996 | €24,562 | +€566 | +2.4% |
| Other amounts payable | 47/48 | €65,743 | €59,363 | -€6,380 | -9.7% |
| Accrued charges and deferred income | 492/3 | - | €5,327 | +€5,327 | |
| Remuneration, social security and pensions | 62 | €244,724 | €284,236 | +€39,512 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,737 | €42,581 | -€156 | -0.4% |
| Other operating charges | 640/8 | €15,231 | €7,866 | -€7,366 | -48.4% |
| Non-recurring operating charges | 66A | €165 | - | -€165 | |
| Gross operating margin | 9900 | €281,581 | €322,704 | +€41,123 | +14.6% |
| Operating profit (loss) | 9901 | -€21,276 | -€11,979 | +€9,298 | +43.7% |
| Financial income | 75/76B | - | €16,094 | +€16,094 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Non-recurring financial income | 76B | - | €15,946 | +€15,946 | |
| Financial charges | 65/66B | €12,737 | €9,768 | -€2,969 | -23.3% |
| Recurring financial charges | 65 | €12,554 | €9,768 | -€2,786 | -22.2% |
| Non-recurring financial charges | 66B | €183 | - | -€183 | |
| Profit (loss) for the period before taxes | 9903 | -€34,013 | -€5,652 | +€28,361 | +83.4% |
| Profit (loss) for the period | 9904 | -€34,013 | -€5,652 | +€28,361 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,013 | -€5,652 | +€28,361 | +83.4% |
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 10 October 2026 via checked.be.