CARLOFT BELGIUM: 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.
CARLOFT BELGIUM
Largest movements
- Receivables within one year +€43,660
up €43,660 (+200%), from €21,832 to €65,492
of which Other amounts receivable: +€27,116
- Tangible fixed assets -€8,739
down €8,739 (-32.8%), from €26,659 to €17,921
of which Furniture and vehicles: -€8,239
- Deferred charges and accrued income +€2,300
up €2,300 (+773%), from €297 to €2,598
- Provisions +€34,348
new in 2025: €34,348
- Profit (loss) carried forward -€26,795
down €26,795, from €18,150 to -€8,645
- Trade debts +€18,310
up €18,310 (+156%), from €11,731 to €30,042
- Tax, wage and social debts +€8,839
up €8,839 (+57.4%), from €15,407 to €24,246
of which Taxes: +€8,132
- Other debts +€2,479
up €2,479 (+368%), from €673 to €3,152
- Provisions +€34,348
new in 2025: €34,348
- Gross operating margin +€9,258
up €9,258 (+10.2%), from €90,888 to €100,146
- Staff costs +€7,500
up €7,500 (+10.8%), from €69,273 to €76,774
- Taxes +€5,602
new in 2025: €5,602
- Other operating charges +€1,499
up €1,499 (+387%), from €387 to €1,886
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 | €65,113 | €102,294 | +€37,181 | +57.1% |
| Fixed assets | 21/28 | €36,659 | €28,221 | -€8,439 | -23.0% |
| Tangible fixed assets | 22/27 | €26,659 | €17,921 | -€8,739 | -32.8% |
| Plant, machinery and equipment | 23 | €2,377 | €1,877 | -€500 | -21.0% |
| Furniture and vehicles | 24 | €24,283 | €16,044 | -€8,239 | -33.9% |
| Financial fixed assets | 28 | €10,000 | €10,300 | +€300 | +3.0% |
| Current assets | 29/58 | €28,453 | €74,073 | +€45,620 | +160% |
| Amounts receivable within one year | 40/41 | €21,832 | €65,492 | +€43,660 | +200% |
| Trade receivables | 40 | €21,832 | €38,376 | +€16,544 | +75.8% |
| Other amounts receivable | 41 | - | €27,116 | +€27,116 | |
| Cash at bank and in hand | 54/58 | €6,324 | €5,983 | -€341 | -5.4% |
| Deferred charges and accrued income | 490/1 | €297 | €2,598 | +€2,300 | +773% |
| Total equity and liabilities | 10/49 | €65,113 | €102,294 | +€37,181 | +57.1% |
| Equity | 10/15 | €37,301 | €10,506 | -€26,795 | -71.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €551 | €551 | = | 0.0% |
| Non-distributable reserves | 130/1 | €551 | €551 | = | 0.0% |
| Reserves not available under the articles | 1311 | €551 | €551 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,150 | -€8,645 | -€26,795 | |
| Provisions and deferred taxes | 16 | - | €34,348 | +€34,348 | |
| Provisions for liabilities and charges | 160/5 | - | €34,348 | +€34,348 | |
| Other liabilities and charges | 164/5 | - | €34,348 | +€34,348 | |
| Amounts payable | 17/49 | €27,812 | €57,440 | +€29,629 | +107% |
| Amounts payable within one year | 42/48 | €27,812 | €57,440 | +€29,629 | +107% |
| Trade debts | 44 | €11,731 | €30,042 | +€18,310 | +156% |
| Suppliers | 440/4 | €11,731 | €30,042 | +€18,310 | +156% |
| Taxes, remuneration and social security | 45 | €15,407 | €24,246 | +€8,839 | +57.4% |
| Taxes | 450/3 | €6,613 | €14,746 | +€8,132 | +123% |
| Remuneration and social security | 454/9 | €8,794 | €9,500 | +€707 | +8.0% |
| Other amounts payable | 47/48 | €673 | €3,152 | +€2,479 | +368% |
| Remuneration, social security and pensions | 62 | €69,273 | €76,774 | +€7,500 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,362 | €8,739 | +€377 | +4.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €34,348 | +€34,348 | |
| Other operating charges | 640/8 | €387 | €1,886 | +€1,499 | +387% |
| Gross operating margin | 9900 | €90,888 | €100,146 | +€9,258 | +10.2% |
| Operating profit (loss) | 9901 | €12,865 | -€21,600 | -€34,465 | |
| Financial income | 75/76B | - | €1,020 | +€1,020 | |
| Recurring financial income | 75 | - | €1,020 | +€1,020 | |
| Financial charges | 65/66B | €556 | €613 | +€57 | +10.2% |
| Recurring financial charges | 65 | €556 | €613 | +€57 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €12,309 | -€21,193 | -€33,502 | |
| Income taxes | 67/77 | - | €5,602 | +€5,602 | |
| Profit (loss) for the period | 9904 | €12,309 | -€26,795 | -€39,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,309 | -€26,795 | -€39,104 |
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 31 October 2026 via checked.be.