CARMATT: 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.
CARMATT
Largest movements
- Stocks and contracts +€5.3m
new in 2025: €5.3m
- Cash +€521,722
new in 2025: €521,722
mainly Other debts (+€5.9m) and Smaller working-capital items (+€158)
- Other debts +€5.9m
up €5.9m (+8455.6%), from €70,036 to €6.0m
- Profit (loss) carried forward -€150,355
down €150,355 (-518.2%), from -€29,015 to -€179,370
- Financial charges +€86,906
up €86,906 (+3191.3%), from €2,723 to €89,629
- Gross operating margin -€60,008
down €60,008 (-54796.4%), from -€110 to -€60,117
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 | €60,000 | €5,831,964 | +€5.8m | +9619.9% |
| Fixed assets | 21/28 | €60,000 | €60,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €60,000 | €60,000 | = | 0.0% |
| Land and buildings | 22 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | - | €5,771,964 | +€5.8m | |
| Stocks and contracts in progress | 3 | - | €5,250,000 | +€5.3m | |
| Stocks | 30/36 | - | €5,250,000 | +€5.3m | |
| Amounts receivable within one year | 40/41 | - | €242 | +€242 | |
| Other amounts receivable | 41 | - | €242 | +€242 | |
| Cash at bank and in hand | 54/58 | - | €521,722 | +€521,722 | |
| Total equity and liabilities | 10/49 | €60,000 | €5,831,964 | +€5.8m | +9619.9% |
| Equity | 10/15 | -€10,423 | -€160,778 | -€150,355 | -1442.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€29,015 | -€179,370 | -€150,355 | -518.2% |
| Amounts payable | 17/49 | €70,423 | €5,992,742 | +€5.9m | +8409.6% |
| Amounts payable within one year | 42/48 | €70,423 | €5,992,742 | +€5.9m | +8409.6% |
| Trade debts | 44 | €387 | €787 | +€400 | +103.2% |
| Suppliers | 440/4 | €387 | €787 | +€400 | +103.2% |
| Other amounts payable | 47/48 | €70,036 | €5,991,954 | +€5.9m | +8455.6% |
| Other operating charges | 640/8 | €679 | €609 | -€70 | -10.4% |
| Gross operating margin | 9900 | -€110 | -€60,117 | -€60,008 | -54796.4% |
| Operating profit (loss) | 9901 | -€789 | -€60,726 | -€59,937 | -7598.6% |
| Financial charges | 65/66B | €2,723 | €89,629 | +€86,906 | +3191.3% |
| Recurring financial charges | 65 | €2,723 | €89,629 | +€86,906 | +3191.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,512 | -€150,355 | -€146,843 | -4181.2% |
| Profit (loss) for the period | 9904 | -€3,512 | -€150,355 | -€146,843 | -4181.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,512 | -€150,355 | -€146,843 | -4181.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.