CARMENO: 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.
CARMENO
Largest movements
- Cash +€20,523
up €20,523 (+180.2%), from €11,388 to €31,910
mainly Debts after one year (+€155,000) and Tax, wage and social debts (+€12,812)
- Deferred charges and accrued income +€4,872
up €4,872 (+3804.4%), from €128 to €5,000
- Receivables within one year +€4,545
up €4,545 (+452.2%), from €1,005 to €5,550
- Tangible fixed assets -€2,742
down €2,742 (-25.1%), from €10,939 to €8,197
- Debts after one year +€155,000
new in 2024: €155,000
- Other debts -€138,211
down €138,211 (-76.8%), from €180,000 to €41,789
- Tax, wage and social debts +€12,812
up €12,812 (+2580.0%), from €497 to €13,309
- Trade debts -€11,428
down €11,428 (-89.2%), from €12,816 to €1,388
- Profit (loss) carried forward +€9,025
up €9,025 (+8.7%), from -€104,183 to -€95,159
- Gross operating margin +€74,662
up €74,662, from -€63,819 to €10,843
- Other operating charges -€3,432
down €3,432 (-93.4%), from €3,676 to €244
- Financial income +€1,561
up €1,561 (+374.7%), from €417 to €1,977
- Depreciation +€1,214
up €1,214 (+79.4%), from €1,528 to €2,742
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,130 | €126,328 | +€27,198 | +27.4% |
| Fixed assets | 21/28 | €25,939 | €23,197 | -€2,742 | -10.6% |
| Tangible fixed assets | 22/27 | €10,939 | €8,197 | -€2,742 | -25.1% |
| Land and buildings | 22 | €10,939 | €8,197 | -€2,742 | -25.1% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €73,191 | €103,131 | +€29,940 | +40.9% |
| Stocks and contracts in progress | 3 | €60,670 | €60,670 | = | 0.0% |
| Stocks | 30/36 | €60,670 | €60,670 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,005 | €5,550 | +€4,545 | +452.2% |
| Trade receivables | 40 | €1,005 | €5,550 | +€4,545 | +452.2% |
| Cash at bank and in hand | 54/58 | €11,388 | €31,910 | +€20,523 | +180.2% |
| Deferred charges and accrued income | 490/1 | €128 | €5,000 | +€4,872 | +3804.4% |
| Total equity and liabilities | 10/49 | €99,130 | €126,328 | +€27,198 | +27.4% |
| Equity | 10/15 | -€94,183 | -€85,159 | +€9,025 | +9.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,183 | -€95,159 | +€9,025 | +8.7% |
| Amounts payable | 17/49 | €193,313 | €211,487 | +€18,174 | +9.4% |
| Amounts payable after more than one year | 17 | - | €155,000 | +€155,000 | |
| Financial debts | 170/4 | - | €155,000 | +€155,000 | |
| Amounts payable within one year | 42/48 | €193,313 | €56,487 | -€136,826 | -70.8% |
| Trade debts | 44 | €12,816 | €1,388 | -€11,428 | -89.2% |
| Suppliers | 440/4 | €12,816 | €1,388 | -€11,428 | -89.2% |
| Taxes, remuneration and social security | 45 | €497 | €13,309 | +€12,812 | +2580.0% |
| Taxes | 450/3 | €497 | €13,309 | +€12,812 | +2580.0% |
| Other amounts payable | 47/48 | €180,000 | €41,789 | -€138,211 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,528 | €2,742 | +€1,214 | +79.4% |
| Other operating charges | 640/8 | €3,676 | €244 | -€3,432 | -93.4% |
| Gross operating margin | 9900 | -€63,819 | €10,843 | +€74,662 | |
| Operating profit (loss) | 9901 | -€69,023 | €7,857 | +€76,881 | |
| Financial income | 75/76B | €417 | €1,977 | +€1,561 | +374.7% |
| Recurring financial income | 75 | €417 | €1,977 | +€1,561 | +374.7% |
| Financial charges | 65/66B | €1,362 | €803 | -€559 | -41.1% |
| Recurring financial charges | 65 | €1,362 | €803 | -€559 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | -€69,968 | €9,032 | +€79,001 | |
| Income taxes | 67/77 | - | €8 | +€8 | |
| Profit (loss) for the period | 9904 | -€69,968 | €9,025 | +€78,993 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,968 | €9,025 | +€78,993 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.