CARMOS: 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.
CARMOS
Largest movements
- Cash +€51,612
up €51,612 (+46.2%), from €111,629 to €163,241
mainly Net result for the year (+€42,457) and Trade debts (+€19,497)
- Receivables within one year +€15,031
up €15,031 (+249.7%), from €6,020 to €21,051
of which Trade receivables: +€14,714
- Profit (loss) carried forward +€42,457
up €42,457 (+39.6%), from €107,324 to €149,781
- Trade debts +€19,497
up €19,497 (+2716.3%), from €718 to €20,215
- Tax, wage and social debts +€4,525
up €4,525 (+74.0%), from €6,113 to €10,638
- Gross operating margin -€21,909
down €21,909 (-26.7%), from €81,933 to €60,023
- Taxes -€5,392
down €5,392 (-25.5%), from €21,113 to €15,721
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 | €118,674 | €184,291 | +€65,618 | +55.3% |
| Current assets | 29/58 | €118,674 | €184,291 | +€65,618 | +55.3% |
| Amounts receivable within one year | 40/41 | €6,020 | €21,051 | +€15,031 | +249.7% |
| Trade receivables | 40 | - | €14,714 | +€14,714 | |
| Other amounts receivable | 41 | €6,020 | €6,337 | +€317 | +5.3% |
| Cash at bank and in hand | 54/58 | €111,629 | €163,241 | +€51,612 | +46.2% |
| Deferred charges and accrued income | 490/1 | €1,025 | - | -€1,025 | |
| Total equity and liabilities | 10/49 | €118,674 | €184,291 | +€65,618 | +55.3% |
| Equity | 10/15 | €110,324 | €152,781 | +€42,457 | +38.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,324 | €149,781 | +€42,457 | +39.6% |
| Amounts payable | 17/49 | €8,350 | €31,510 | +€23,161 | +277.4% |
| Amounts payable within one year | 42/48 | €8,350 | €31,510 | +€23,161 | +277.4% |
| Trade debts | 44 | €718 | €20,215 | +€19,497 | +2716.3% |
| Suppliers | 440/4 | €718 | €20,215 | +€19,497 | +2716.3% |
| Taxes, remuneration and social security | 45 | €6,113 | €10,638 | +€4,525 | +74.0% |
| Taxes | 450/3 | €6,113 | €10,638 | +€4,525 | +74.0% |
| Other amounts payable | 47/48 | €1,519 | €657 | -€862 | -56.7% |
| Other operating charges | 640/8 | €1,700 | €1,669 | -€31 | -1.8% |
| Gross operating margin | 9900 | €81,933 | €60,023 | -€21,909 | -26.7% |
| Operating profit (loss) | 9901 | €80,232 | €58,354 | -€21,878 | -27.3% |
| Financial income | 75/76B | €247 | - | -€247 | |
| Recurring financial income | 75 | €247 | - | -€247 | |
| Financial charges | 65/66B | €192 | €176 | -€16 | -8.3% |
| Recurring financial charges | 65 | €192 | €176 | -€16 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €80,287 | €58,178 | -€22,109 | -27.5% |
| Income taxes | 67/77 | €21,113 | €15,721 | -€5,392 | -25.5% |
| Profit (loss) for the period | 9904 | €59,174 | €42,457 | -€16,717 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,174 | €42,457 | -€16,717 | -28.3% |
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 8 October 2026 via checked.be.