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Carmate Performance: 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.

What changed

Carmate Performance

BE 1003.992.461
NACE 24.520, Manufacture of basic metals
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,169
2024 · €1,199+€12,970
Equity
€34,799
2024 · €20,630+€14,169
Cash
€5,792
2024 · €17,287-€11,495
Balance sheet total
€63,942
2024 · €92,724-€28,782

Largest movements

2024 to 2025
Assets
  • Stocks and contracts -€18,063

    down €18,063 (-35.8%), from €50,413 to €32,350

  • Cash -€11,495

    down €11,495 (-66.5%), from €17,287 to €5,792

    mainly Other debts (-€40,752) and Receivables within one year (-€3,297)

  • Tangible fixed assets -€3,363

    down €3,363 (-14.7%), from €22,908 to €19,545

  • Receivables within one year +€3,297

    up €3,297 (+155.8%), from €2,116 to €5,413

    of which Trade receivables: +€4,760

Equity and liabilities
  • Other debts -€40,752

    down €40,752 (-75.4%), from €54,061 to €13,310

  • Reserves +€14,169

    up €14,169 (+76.1%), from €18,630 to €32,799

  • Trade debts -€3,068

    down €3,068 (-28.7%), from €10,683 to €7,614

Income statement
  • Gross operating margin +€23,235

    up €23,235 (+367.8%), from €6,317 to €29,552

  • Taxes +€6,452

    up €6,452 (+793.2%), from €813 to €7,266

  • Financial charges +€2,441

    up €2,441 (+949.6%), from €257 to €2,698

  • Other operating charges +€1,500

    up €1,500 (+162.2%), from €925 to €2,426

  • Financial income +€310

    up €310 (+515.8%), from €60 to €370

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,199
Gross operating margin +€23,235
Depreciation -€181
Other operating charges -€1,500
Financial income +€310
Financial charges -€2,441
Taxes -€6,452
Result 2025 €14,169

Cash bridge derived

cash 2024 to 2025

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.

From operations -€11,495
Investment €0
Financing €0
Cash 2024 €17,287
Net result for the year +€14,169
Depreciation +€3,363
Stocks and contracts +€18,063
Receivables within one year -€3,297
Deferred charges and accrued income -€842
Trade debts -€3,068
Tax, wage and social debts +€869
Other debts -€40,752
Cash 2025 €5,792
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €92,724 €63,942 -€28,782 -31.0%
Fixed assets 21/28 €22,908 €19,545 -€3,363 -14.7%
Tangible fixed assets 22/27 €22,908 €19,545 -€3,363 -14.7%
Plant, machinery and equipment 23 €8,110 €7,103 -€1,007 -12.4%
Furniture and vehicles 24 €1,655 €762 -€894 -54.0%
Other tangible fixed assets 26 €13,142 €11,680 -€1,462 -11.1%
Current assets 29/58 €69,816 €44,397 -€25,419 -36.4%
Stocks and contracts in progress 3 €50,413 €32,350 -€18,063 -35.8%
Stocks 30/36 €50,413 €32,350 -€18,063 -35.8%
Amounts receivable within one year 40/41 €2,116 €5,413 +€3,297 +155.8%
Trade receivables 40 €0 €4,760 +€4,760
Other amounts receivable 41 €2,116 €653 -€1,463 -69.1%
Cash at bank and in hand 54/58 €17,287 €5,792 -€11,495 -66.5%
Deferred charges and accrued income 490/1 - €842 +€842
Total equity and liabilities 10/49 €92,724 €63,942 -€28,782 -31.0%
Equity 10/15 €20,630 €34,799 +€14,169 +68.7%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €18,630 €32,799 +€14,169 +76.1%
Distributable reserves 133 €18,630 €32,799 +€14,169 +76.1%
Amounts payable 17/49 €72,094 €29,143 -€42,951 -59.6%
Amounts payable within one year 42/48 €72,094 €29,143 -€42,951 -59.6%
Trade debts 44 €10,683 €7,614 -€3,068 -28.7%
Suppliers 440/4 €10,683 €7,614 -€3,068 -28.7%
Taxes, remuneration and social security 45 €7,350 €8,219 +€869 +11.8%
Taxes 450/3 €7,350 €8,219 +€869 +11.8%
Other amounts payable 47/48 €54,061 €13,310 -€40,752 -75.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,182 €3,363 +€181 +5.7%
Other operating charges 640/8 €925 €2,426 +€1,500 +162.2%
Gross operating margin 9900 €6,317 €29,552 +€23,235 +367.8%
Operating profit (loss) 9901 €2,209 €23,763 +€21,554 +975.6%
Financial income 75/76B €60 €370 +€310 +515.8%
Recurring financial income 75 €60 €370 +€310 +515.8%
Financial charges 65/66B €257 €2,698 +€2,441 +949.6%
Recurring financial charges 65 €257 €2,698 +€2,441 +949.6%
Profit (loss) for the period before taxes 9903 €2,012 €21,435 +€19,422 +965.2%
Income taxes 67/77 €813 €7,266 +€6,452 +793.2%
Profit (loss) for the period 9904 €1,199 €14,169 +€12,970 +1081.9%
Profit (loss) for the period to be appropriated 9905 €1,199 €14,169 +€12,970 +1081.9%

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 30 September 2026 via checked.be.