CARNETI: 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.
CARNETI
Largest movements
- Financial fixed assets +€50,000
up €50,000 (+966%), from €5,175 to €55,175
- Receivables within one year +€37,834
up €37,834 (+18.3%), from €206,957 to €244,790
of which Other amounts receivable: +€100,419
- Cash -€24,889
down €24,889 (-35.0%), from €71,204 to €46,314
mainly Trade debts (-€83,168) and Contributions, distributions and other (-€57,143)
- Tangible fixed assets -€13,182
down €13,182 (-33.2%), from €39,699 to €26,517
of which Furniture and vehicles: -€9,705
- Debts after one year +€150,000
new in 2024: €150,000
- Trade debts -€83,168
down €83,168 (-45.1%), from €184,319 to €101,152
- Tax, wage and social debts -€16,276
down €16,276 (-15.8%), from €102,931 to €86,655
of which Taxes: -€16,730
- Profit (loss) carried forward -€11,021
down €11,021 (-53.0%), from €20,802 to €9,781
- Other debts +€9,800
up €9,800 (+365%), from €2,686 to €12,486
- Gross operating margin +€35,182
up €35,182 (+12.3%), from €285,368 to €320,550
- Staff costs +€16,602
up €16,602 (+7.9%), from €210,750 to €227,352
- Financial charges +€4,881
up €4,881 (+107%), from €4,575 to €9,455
- Taxes +€4,591
up €4,591 (+27.0%), from €17,030 to €21,622
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.
Derived cash bridge
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 | €326,393 | €375,878 | +€49,485 | +15.2% |
| Fixed assets | 21/28 | €44,874 | €81,692 | +€36,818 | +82.0% |
| Tangible fixed assets | 22/27 | €39,699 | €26,517 | -€13,182 | -33.2% |
| Furniture and vehicles | 24 | €17,931 | €8,226 | -€9,705 | -54.1% |
| Other tangible fixed assets | 26 | €21,768 | €18,291 | -€3,477 | -16.0% |
| Financial fixed assets | 28 | €5,175 | €55,175 | +€50,000 | +966% |
| Current assets | 29/58 | €281,519 | €294,186 | +€12,667 | +4.5% |
| Amounts receivable within one year | 40/41 | €206,957 | €244,790 | +€37,834 | +18.3% |
| Trade receivables | 40 | €206,957 | €144,371 | -€62,585 | -30.2% |
| Other amounts receivable | 41 | - | €100,419 | +€100,419 | |
| Cash at bank and in hand | 54/58 | €71,204 | €46,314 | -€24,889 | -35.0% |
| Deferred charges and accrued income | 490/1 | €3,359 | €3,082 | -€277 | -8.2% |
| Total equity and liabilities | 10/49 | €326,393 | €375,878 | +€49,485 | +15.2% |
| Equity | 10/15 | €35,162 | €24,141 | -€11,021 | -31.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,802 | €9,781 | -€11,021 | -53.0% |
| Amounts payable | 17/49 | €291,232 | €351,737 | +€60,506 | +20.8% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €291,232 | €201,737 | -€89,494 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €822 | €971 | +€150 | +18.2% |
| Financial debts | 43 | €474 | €474 | = | 0.0% |
| Other loans | 439 | €474 | €474 | = | 0.0% |
| Trade debts | 44 | €184,319 | €101,152 | -€83,168 | -45.1% |
| Suppliers | 440/4 | €184,319 | €101,152 | -€83,168 | -45.1% |
| Taxes, remuneration and social security | 45 | €102,931 | €86,655 | -€16,276 | -15.8% |
| Taxes | 450/3 | €81,751 | €65,022 | -€16,730 | -20.5% |
| Remuneration and social security | 454/9 | €21,180 | €21,633 | +€453 | +2.1% |
| Other amounts payable | 47/48 | €2,686 | €12,486 | +€9,800 | +365% |
| Remuneration, social security and pensions | 62 | €210,750 | €227,352 | +€16,602 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,802 | €15,710 | +€908 | +6.1% |
| Other operating charges | 640/8 | €225 | €844 | +€618 | +275% |
| Gross operating margin | 9900 | €285,368 | €320,550 | +€35,182 | +12.3% |
| Operating profit (loss) | 9901 | €59,591 | €76,645 | +€17,054 | +28.6% |
| Financial income | 75/76B | €3 | €554 | +€551 | +19,010% |
| Recurring financial income | 75 | €3 | €554 | +€551 | +19,010% |
| Financial charges | 65/66B | €4,575 | €9,455 | +€4,881 | +107% |
| Recurring financial charges | 65 | €4,575 | €9,455 | +€4,881 | +107% |
| Profit (loss) for the period before taxes | 9903 | €55,019 | €67,744 | +€12,724 | +23.1% |
| Income taxes | 67/77 | €17,030 | €21,622 | +€4,591 | +27.0% |
| Profit (loss) for the period | 9904 | €37,989 | €46,122 | +€8,133 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,989 | €46,122 | +€8,133 | +21.4% |
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 14 October 2026 via checked.be.