CARLUS: 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.
CARLUS
Largest movements
- Receivables within one year +€16,441
up €16,441 (+32.1%), from €51,195 to €67,636
of which Trade receivables: +€18,908
- Cash -€2,384
down €2,384 (-48.0%), from €4,966 to €2,582
mainly Receivables within one year (-€16,441) and Tax, wage and social debts (-€3,005)
- Profit (loss) carried forward +€17,553
up €17,553, from -€779 to €16,774
- Tax, wage and social debts -€3,005
down €3,005 (-83.5%), from €3,601 to €596
- Trade debts -€1,949
down €1,949 (-7.6%), from €25,674 to €23,725
- Other debts +€724
up €724 (+17.7%), from €4,082 to €4,806
- Gross operating margin +€32,206
up €32,206, from -€10,122 to €22,084
- Taxes +€1,500
new in 2025: €1,500
- Staff costs -€923
no longer reported in 2025 (was €923)
- Other operating charges +€848
up €848 (+160%), from €529 to €1,376
- Financial charges +€445
up €445 (+56.1%), from €793 to €1,238
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 | €56,678 | €70,318 | +€13,640 | +24.1% |
| Fixed assets | 21/28 | €518 | €100 | -€418 | -80.7% |
| Tangible fixed assets | 22/27 | €518 | €100 | -€418 | -80.7% |
| Plant, machinery and equipment | 23 | €418 | €78 | -€340 | -81.4% |
| Furniture and vehicles | 24 | €100 | €23 | -€77 | -77.5% |
| Current assets | 29/58 | €56,161 | €70,218 | +€14,058 | +25.0% |
| Amounts receivable within one year | 40/41 | €51,195 | €67,636 | +€16,441 | +32.1% |
| Trade receivables | 40 | €45,228 | €64,136 | +€18,908 | +41.8% |
| Other amounts receivable | 41 | €5,967 | €3,500 | -€2,467 | -41.3% |
| Cash at bank and in hand | 54/58 | €4,966 | €2,582 | -€2,384 | -48.0% |
| Total equity and liabilities | 10/49 | €56,678 | €70,318 | +€13,640 | +24.1% |
| Equity | 10/15 | €18,851 | €36,404 | +€17,553 | +93.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,430 | €13,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€779 | €16,774 | +€17,553 | |
| Amounts payable | 17/49 | €37,827 | €33,915 | -€3,913 | -10.3% |
| Amounts payable within one year | 42/48 | €37,827 | €33,915 | -€3,913 | -10.3% |
| Trade debts | 44 | €25,674 | €23,725 | -€1,949 | -7.6% |
| Suppliers | 440/4 | €25,674 | €23,725 | -€1,949 | -7.6% |
| Advances received on contracts in progress | 46 | €4,471 | €4,788 | +€317 | +7.1% |
| Taxes, remuneration and social security | 45 | €3,601 | €596 | -€3,005 | -83.5% |
| Taxes | 450/3 | €3,601 | €596 | -€3,005 | -83.5% |
| Other amounts payable | 47/48 | €4,082 | €4,806 | +€724 | +17.7% |
| Remuneration, social security and pensions | 62 | €923 | - | -€923 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436 | €418 | -€19 | -4.3% |
| Other operating charges | 640/8 | €529 | €1,376 | +€848 | +160% |
| Gross operating margin | 9900 | -€10,122 | €22,084 | +€32,206 | |
| Operating profit (loss) | 9901 | -€12,009 | €20,290 | +€32,299 | |
| Financial charges | 65/66B | €793 | €1,238 | +€445 | +56.1% |
| Recurring financial charges | 65 | €793 | €1,238 | +€445 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,802 | €19,053 | +€31,855 | |
| Income taxes | 67/77 | - | €1,500 | +€1,500 | |
| Profit (loss) for the period | 9904 | -€12,802 | €17,553 | +€30,355 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,802 | €17,553 | +€30,355 |
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.