CARMOY: 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.
CARMOY
Largest movements
- Cash -€30,916
down €30,916 (-14.2%), from €218,435 to €187,519
mainly Net result for the year (-€49,368) and Stocks and contracts (-€12,200)
- Tangible fixed assets -€18,747
down €18,747 (-23.9%), from €78,429 to €59,682
of which Furniture and vehicles: -€15,114
- Stocks and contracts +€12,200
up €12,200 (+34.9%), from €35,000 to €47,200
- Profit (loss) carried forward -€49,368
down €49,368 (-110%), from -€45,018 to -€94,385
- Trade debts +€16,527
up €16,527 (+1,390%), from €1,189 to €17,715
- Gross operating margin -€96,581
down €96,581, from €89,309 to -€7,273
- Depreciation -€19,355
down €19,355 (-50.8%), from €38,101 to €18,747
- Other operating charges +€7,386
up €7,386 (+47.1%), from €15,677 to €23,063
- Taxes -€2,809
down €2,809 (-73.7%), from €3,813 to €1,004
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.
Derived cash bridge
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 | €372,356 | €339,598 | -€32,759 | -8.8% |
| Fixed assets | 21/28 | €78,429 | €59,682 | -€18,747 | -23.9% |
| Tangible fixed assets | 22/27 | €78,429 | €59,682 | -€18,747 | -23.9% |
| Land and buildings | 22 | €44,371 | €41,382 | -€2,989 | -6.7% |
| Plant, machinery and equipment | 23 | €2,871 | €2,227 | -€644 | -22.4% |
| Furniture and vehicles | 24 | €31,187 | €16,073 | -€15,114 | -48.5% |
| Current assets | 29/58 | €293,928 | €279,915 | -€14,012 | -4.8% |
| Stocks and contracts in progress | 3 | €35,000 | €47,200 | +€12,200 | +34.9% |
| Stocks | 30/36 | €35,000 | €47,200 | +€12,200 | +34.9% |
| Amounts receivable within one year | 40/41 | €28,432 | €32,080 | +€3,648 | +12.8% |
| Trade receivables | 40 | €2,645 | €8,896 | +€6,251 | +236% |
| Other amounts receivable | 41 | €25,787 | €23,184 | -€2,603 | -10.1% |
| Cash at bank and in hand | 54/58 | €218,435 | €187,519 | -€30,916 | -14.2% |
| Deferred charges and accrued income | 490/1 | €12,060 | €13,116 | +€1,056 | +8.8% |
| Total equity and liabilities | 10/49 | €372,356 | €339,598 | -€32,759 | -8.8% |
| Equity | 10/15 | €368,399 | €319,031 | -€49,368 | -13.4% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Capital | 10 | €173,525 | €173,525 | = | 0.0% |
| Issued capital | 100 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €239,891 | €239,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,948 | €42,948 | = | 0.0% |
| Legal reserve | 130 | €42,948 | €42,948 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,516 | €25,516 | = | 0.0% |
| Distributable reserves | 133 | €171,427 | €171,427 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,018 | -€94,385 | -€49,368 | -110% |
| Amounts payable | 17/49 | €3,958 | €20,566 | +€16,609 | +420% |
| Amounts payable within one year | 42/48 | €3,958 | €20,566 | +€16,609 | +420% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,189 | €17,715 | +€16,527 | +1,390% |
| Suppliers | 440/4 | €1,189 | €17,715 | +€16,527 | +1,390% |
| Taxes, remuneration and social security | 45 | €2,769 | €2,771 | +€2 | +0.1% |
| Taxes | 450/3 | €17 | €0 | -€17 | -100% |
| Remuneration and social security | 454/9 | €2,752 | €2,771 | +€19 | +0.7% |
| Other amounts payable | 47/48 | - | €80 | +€80 | |
| Non-recurring operating income | 76A | €8,622 | €0 | -€8,622 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,101 | €18,747 | -€19,355 | -50.8% |
| Other operating charges | 640/8 | €15,677 | €23,063 | +€7,386 | +47.1% |
| Gross operating margin | 9900 | €89,309 | -€7,273 | -€96,581 | |
| Operating profit (loss) | 9901 | €35,531 | -€49,082 | -€84,613 | |
| Financial income | 75/76B | €1,765 | €1,123 | -€642 | -36.4% |
| Recurring financial income | 75 | €1,765 | €1,123 | -€642 | -36.4% |
| Financial charges | 65/66B | €97 | €404 | +€308 | +318% |
| Recurring financial charges | 65 | €97 | €404 | +€308 | +318% |
| Profit (loss) for the period before taxes | 9903 | €37,199 | -€48,364 | -€85,562 | |
| Income taxes | 67/77 | €3,813 | €1,004 | -€2,809 | -73.7% |
| Profit (loss) for the period | 9904 | €33,386 | -€49,368 | -€82,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,386 | -€49,368 | -€82,753 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.