CARLYD: what changed
Two fiscal 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.
CARLYD
Largest movements
- Tangible fixed assets +€31,381
up €31,381 (+154.0%), from €20,371 to €51,752
- Receivables within one year -€5,772
down €5,772 (-46.6%), from €12,378 to €6,607
- Deferred charges and accrued income +€5,050
new in 2025: €5,050
- Cash -€1,244
down €1,244 (-6.9%), from €18,058 to €16,814
mainly Investment in fixed assets (net) (-€39,005) and Deferred charges and accrued income (-€5,050)
- Reserves +€21,903
up €21,903 (+128.8%), from €17,012 to €38,914
- Tax, wage and social debts +€4,462
up €4,462 (+68.8%), from €6,489 to €10,951
- Other debts +€3,398
up €3,398 (+15.8%), from €21,556 to €24,955
- Taxes +€4,846
up €4,846 (+118.4%), from €4,093 to €8,939
- Depreciation +€4,681
up €4,681 (+159.0%), from €2,943 to €7,624
- Gross operating margin -€2,689
down €2,689 (-6.5%), from €41,574 to €38,886
- Other operating charges -€783
down €783 (-70.8%), from €1,106 to €323
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 | €50,808 | €80,222 | +€29,415 | +57.9% |
| Fixed assets | 21/28 | €20,371 | €51,752 | +€31,381 | +154.0% |
| Tangible fixed assets | 22/27 | €20,371 | €51,752 | +€31,381 | +154.0% |
| Furniture and vehicles | 24 | €20,371 | €51,752 | +€31,381 | +154.0% |
| Current assets | 29/58 | €30,437 | €28,471 | -€1,966 | -6.5% |
| Amounts receivable within one year | 40/41 | €12,378 | €6,607 | -€5,772 | -46.6% |
| Trade receivables | 40 | €12,378 | €6,607 | -€5,772 | -46.6% |
| Cash at bank and in hand | 54/58 | €18,058 | €16,814 | -€1,244 | -6.9% |
| Deferred charges and accrued income | 490/1 | - | €5,050 | +€5,050 | |
| Total equity and liabilities | 10/49 | €50,808 | €80,222 | +€29,415 | +57.9% |
| Equity | 10/15 | €22,012 | €43,914 | +€21,903 | +99.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,012 | €38,914 | +€21,903 | +128.8% |
| Distributable reserves | 133 | €17,012 | €38,914 | +€21,903 | +128.8% |
| Amounts payable | 17/49 | €28,796 | €36,308 | +€7,512 | +26.1% |
| Amounts payable within one year | 42/48 | €28,796 | €36,308 | +€7,512 | +26.1% |
| Trade debts | 44 | €751 | €402 | -€348 | -46.4% |
| Suppliers | 440/4 | €751 | €402 | -€348 | -46.4% |
| Taxes, remuneration and social security | 45 | €6,489 | €10,951 | +€4,462 | +68.8% |
| Taxes | 450/3 | €6,489 | €10,951 | +€4,462 | +68.8% |
| Other amounts payable | 47/48 | €21,556 | €24,955 | +€3,398 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,943 | €7,624 | +€4,681 | +159.0% |
| Other operating charges | 640/8 | €1,106 | €323 | -€783 | -70.8% |
| Non-recurring operating charges | 66A | €1,207 | - | -€1,207 | |
| Gross operating margin | 9900 | €41,574 | €38,886 | -€2,689 | -6.5% |
| Operating profit (loss) | 9901 | €36,318 | €30,938 | -€5,379 | -14.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5900.0% |
| Financial charges | 65/66B | €89 | €97 | +€9 | +9.9% |
| Recurring financial charges | 65 | €89 | €97 | +€9 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €36,229 | €30,842 | -€5,388 | -14.9% |
| Income taxes | 67/77 | €4,093 | €8,939 | +€4,846 | +118.4% |
| Profit (loss) for the period | 9904 | €32,136 | €21,903 | -€10,233 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,136 | €21,903 | -€10,233 | -31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.