CARLOTRANS: 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.
CARLOTRANS
Largest movements
- Tangible fixed assets -€11,246
down €11,246 (-5.2%), from €217,915 to €206,669
of which Land and buildings: -€10,748
- Deferred charges and accrued income -€5,112
no longer reported in 2025 (was €5,112)
- Reserves -€42,181
down €42,181 (-41.3%), from €102,181 to €60,000
of which Distributable reserves: -€42,181
- Other debts +€14,413
up €14,413 (+34.2%), from €42,121 to €56,533
- Trade debts +€11,619
up €11,619 (+103%), from €11,272 to €22,891
- Current portion of long-term debt +€8,282
new in 2025: €8,282
- Tax, wage and social debts -€5,327
no longer reported in 2025 (was €5,327)
- Gross operating margin -€42,263
down €42,263, from €26,929 to -€15,334
- Other operating charges +€2,689
up €2,689 (+48.1%), from €5,591 to €8,281
- Taxes -€2,213
down €2,213 (-80.5%), from €2,750 to €537
- Financial charges +€2,103
up €2,103 (+125%), from €1,685 to €3,788
- Depreciation -€583
down €583 (-4.0%), from €14,736 to €14,153
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 | €261,010 | €245,820 | -€15,190 | -5.8% |
| Fixed assets | 21/28 | €217,915 | €206,669 | -€11,246 | -5.2% |
| Tangible fixed assets | 22/27 | €217,915 | €206,669 | -€11,246 | -5.2% |
| Land and buildings | 22 | €205,676 | €194,929 | -€10,748 | -5.2% |
| Plant, machinery and equipment | 23 | €10,309 | €7,808 | -€2,502 | -24.3% |
| Furniture and vehicles | 24 | €1,929 | €3,933 | +€2,004 | +104% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €43,095 | €39,151 | -€3,945 | -9.2% |
| Amounts receivable within one year | 40/41 | €25,710 | €27,098 | +€1,388 | +5.4% |
| Trade receivables | 40 | €23,441 | - | -€23,441 | |
| Other amounts receivable | 41 | €2,269 | €27,098 | +€24,830 | +1,094% |
| Cash at bank and in hand | 54/58 | €12,273 | €12,052 | -€221 | -1.8% |
| Deferred charges and accrued income | 490/1 | €5,112 | - | -€5,112 | |
| Total equity and liabilities | 10/49 | €261,010 | €245,820 | -€15,190 | -5.8% |
| Equity | 10/15 | €120,773 | €78,689 | -€42,084 | -34.8% |
| Contributions | 10/11 | €18,592 | €18,600 | +€8 | 0.0% |
| Reserves | 13 | €102,181 | €60,000 | -€42,181 | -41.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €92,181 | €50,000 | -€42,181 | -45.8% |
| Profit (loss) carried forward | 14 | - | €89 | +€89 | |
| Provisions and deferred taxes | 16 | €72,941 | €72,941 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €72,941 | €72,941 | = | 0.0% |
| Pensions and similar obligations | 160 | €72,941 | €72,941 | = | 0.0% |
| Amounts payable | 17/49 | €67,296 | €94,190 | +€26,894 | +40.0% |
| Amounts payable after more than one year | 17 | €4,005 | €6,485 | +€2,480 | +61.9% |
| Financial debts | 170/4 | €4,005 | €6,485 | +€2,480 | +61.9% |
| Amounts payable within one year | 42/48 | €63,291 | €87,705 | +€24,414 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,282 | +€8,282 | |
| Financial debts | 43 | €4,572 | - | -€4,572 | |
| Credit institutions | 430/8 | €4,572 | - | -€4,572 | |
| Trade debts | 44 | €11,272 | €22,891 | +€11,619 | +103% |
| Suppliers | 440/4 | €11,272 | €22,891 | +€11,619 | +103% |
| Taxes, remuneration and social security | 45 | €5,327 | - | -€5,327 | |
| Taxes | 450/3 | €5,327 | - | -€5,327 | |
| Other amounts payable | 47/48 | €42,121 | €56,533 | +€14,413 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,736 | €14,153 | -€583 | -4.0% |
| Other operating charges | 640/8 | €5,591 | €8,281 | +€2,689 | +48.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,929 | -€15,334 | -€42,263 | |
| Operating profit (loss) | 9901 | €6,602 | -€37,767 | -€44,369 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,685 | €3,788 | +€2,103 | +125% |
| Recurring financial charges | 65 | €1,685 | €3,788 | +€2,103 | +125% |
| Profit (loss) for the period before taxes | 9903 | €4,917 | -€41,555 | -€46,472 | |
| Income taxes | 67/77 | €2,750 | €537 | -€2,213 | -80.5% |
| Profit (loss) for the period | 9904 | €2,167 | -€42,092 | -€44,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,167 | -€42,092 | -€44,259 |
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 16 October 2026 via checked.be.