CARMA REALTY: 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.
CARMA REALTY
Largest movements
- Tangible fixed assets -€25,515
down €25,515 (-3.3%), from €778,310 to €752,794
of which Land and buildings: -€21,447
- Debts after one year -€29,334
down €29,334 (-4.3%), from €682,934 to €653,600
- Profit (loss) carried forward +€8,209
up €8,209 (+28.1%), from -€29,190 to -€20,981
- Depreciation -€23,238
down €23,238 (-47.7%), from €48,753 to €25,515
- Financial charges -€13,045
down €13,045 (-31.4%), from €41,493 to €28,448
- Other operating charges -€1,613
down €1,613 (-13.7%), from €11,783 to €10,171
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 | €785,009 | €760,037 | -€24,972 | -3.2% |
| Fixed assets | 21/28 | €778,310 | €752,794 | -€25,515 | -3.3% |
| Tangible fixed assets | 22/27 | €778,310 | €752,794 | -€25,515 | -3.3% |
| Land and buildings | 22 | €744,003 | €722,556 | -€21,447 | -2.9% |
| Plant, machinery and equipment | 23 | €34,307 | €30,238 | -€4,069 | -11.9% |
| Current assets | 29/58 | €6,699 | €7,242 | +€543 | +8.1% |
| Cash at bank and in hand | 54/58 | €6,699 | €7,242 | +€543 | +8.1% |
| Total equity and liabilities | 10/49 | €785,009 | €760,037 | -€24,972 | -3.2% |
| Equity | 10/15 | -€27,190 | -€18,981 | +€8,209 | +30.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,190 | -€20,981 | +€8,209 | +28.1% |
| Amounts payable | 17/49 | €812,198 | €779,018 | -€33,181 | -4.1% |
| Amounts payable after more than one year | 17 | €682,934 | €653,600 | -€29,334 | -4.3% |
| Financial debts | 170/4 | €682,934 | €653,600 | -€29,334 | -4.3% |
| Amounts payable within one year | 42/48 | €129,264 | €125,418 | -€3,846 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €28,181 | €29,334 | +€1,154 | +4.1% |
| Other amounts payable | 47/48 | €101,084 | €96,084 | -€5,000 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,753 | €25,515 | -€23,238 | -47.7% |
| Other operating charges | 640/8 | €11,783 | €10,171 | -€1,613 | -13.7% |
| Gross operating margin | 9900 | €72,841 | €72,343 | -€498 | -0.7% |
| Operating profit (loss) | 9901 | €12,304 | €36,657 | +€24,353 | +197.9% |
| Financial charges | 65/66B | €41,493 | €28,448 | -€13,045 | -31.4% |
| Recurring financial charges | 65 | €41,493 | €28,448 | -€13,045 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,190 | €8,209 | +€37,399 | |
| Profit (loss) for the period | 9904 | -€29,190 | €8,209 | +€37,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,190 | €8,209 | +€37,399 |
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 2 October 2026 via checked.be.