CARLTON: 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.
CARLTON
Largest movements
- Cash +€68,420
up €68,420 (+79.1%), from €86,498 to €154,918
mainly Net result for the year (+€101,556) and Depreciation (+€36,154)
- Reserves +€101,556
up €101,556 (+291%), from €34,843 to €136,399
- Contributions -€50,000
down €50,000 (-90.1%), from €55,523 to €5,523
- Tax, wage and social debts +€18,138
up €18,138 (+30.3%), from €59,935 to €78,073
of which Remuneration and social security: +€16,794
- Trade debts +€17,192
up €17,192 (+48.1%), from €35,741 to €52,933
- Debts after one year -€11,066
down €11,066 (-63.4%), from €17,454 to €6,387
of which Financial debts: -€6,032
- Gross operating margin +€132,855
up €132,855 (+22.2%), from €597,919 to €730,774
- Taxes +€30,179
up €30,179 (+217%), from €13,907 to €44,087
- Staff costs +€28,218
up €28,218 (+5.7%), from €498,393 to €526,611
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 | €217,293 | €285,347 | +€68,054 | +31.3% |
| Fixed assets | 21/28 | €111,379 | €111,373 | -€6 | 0.0% |
| Tangible fixed assets | 22/27 | €109,760 | €111,066 | +€1,306 | +1.2% |
| Plant, machinery and equipment | 23 | €75,259 | €81,697 | +€6,438 | +8.6% |
| Furniture and vehicles | 24 | €14,042 | €10,610 | -€3,432 | -24.4% |
| Other tangible fixed assets | 26 | €20,459 | €18,759 | -€1,700 | -8.3% |
| Financial fixed assets | 28 | €1,620 | €308 | -€1,312 | -81.0% |
| Current assets | 29/58 | €105,914 | €173,973 | +€68,060 | +64.3% |
| Stocks and contracts in progress | 3 | €11,724 | €13,596 | +€1,872 | +16.0% |
| Stocks | 30/36 | €11,724 | €13,596 | +€1,872 | +16.0% |
| Amounts receivable within one year | 40/41 | €3,661 | €1,598 | -€2,062 | -56.3% |
| Trade receivables | 40 | €2,568 | €1,598 | -€970 | -37.8% |
| Other amounts receivable | 41 | €1,093 | - | -€1,093 | |
| Cash at bank and in hand | 54/58 | €86,498 | €154,918 | +€68,420 | +79.1% |
| Deferred charges and accrued income | 490/1 | €4,032 | €3,861 | -€170 | -4.2% |
| Total equity and liabilities | 10/49 | €217,293 | €285,347 | +€68,054 | +31.3% |
| Equity | 10/15 | €90,366 | €141,922 | +€51,556 | +57.1% |
| Contributions | 10/11 | €55,523 | €5,523 | -€50,000 | -90.1% |
| Reserves | 13 | €34,843 | €136,399 | +€101,556 | +291% |
| Distributable reserves | 133 | €34,843 | €136,399 | +€101,556 | +291% |
| Amounts payable | 17/49 | €126,927 | €143,425 | +€16,498 | +13.0% |
| Amounts payable after more than one year | 17 | €17,454 | €6,387 | -€11,066 | -63.4% |
| Financial debts | 170/4 | €11,215 | €5,184 | -€6,032 | -53.8% |
| Other amounts payable | 178/9 | €6,238 | €1,203 | -€5,035 | -80.7% |
| Amounts payable within one year | 42/48 | €109,226 | €137,038 | +€27,812 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €12,773 | €6,032 | -€6,742 | -52.8% |
| Trade debts | 44 | €35,741 | €52,933 | +€17,192 | +48.1% |
| Suppliers | 440/4 | €35,741 | €52,933 | +€17,192 | +48.1% |
| Taxes, remuneration and social security | 45 | €59,935 | €78,073 | +€18,138 | +30.3% |
| Taxes | 450/3 | €21,120 | €22,463 | +€1,343 | +6.4% |
| Remuneration and social security | 454/9 | €38,816 | €55,610 | +€16,794 | +43.3% |
| Other amounts payable | 47/48 | €776 | - | -€776 | |
| Accrued charges and deferred income | 492/3 | €247 | - | -€247 | |
| Non-recurring operating income | 76A | - | €69 | +€69 | |
| Remuneration, social security and pensions | 62 | €498,393 | €526,611 | +€28,218 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,353 | €36,154 | +€4,801 | +15.3% |
| Other operating charges | 640/8 | €4,197 | €4,415 | +€218 | +5.2% |
| Gross operating margin | 9900 | €597,919 | €730,774 | +€132,855 | +22.2% |
| Operating profit (loss) | 9901 | €63,976 | €163,593 | +€99,617 | +156% |
| Financial income | 75/76B | €281 | €307 | +€27 | +9.5% |
| Recurring financial income | 75 | €281 | €307 | +€27 | +9.5% |
| Financial charges | 65/66B | €19,211 | €18,258 | -€953 | -5.0% |
| Recurring financial charges | 65 | €19,211 | €18,258 | -€953 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €45,046 | €145,643 | +€100,597 | +223% |
| Income taxes | 67/77 | €13,907 | €44,087 | +€30,179 | +217% |
| Profit (loss) for the period | 9904 | €31,138 | €101,556 | +€70,418 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €31,138 | €101,556 | +€70,418 | +226% |
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 17 October 2026 via checked.be.