CARNITRANS: 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.
CARNITRANS
Largest movements
- Tangible fixed assets -€169,413
down €169,413 (-5.2%), from €3.2m to €3.1m
- Stocks and contracts -€51,498
down €51,498 (-67.4%), from €76,385 to €24,887
- Receivables within one year -€47,353
down €47,353 (-5.8%), from €819,668 to €772,315
of which Other amounts receivable: -€62,765
- Trade debts -€886,725
down €886,725 (-76.2%), from €1.2m to €277,597
- Other debts +€449,795
up €449,795 (+21.8%), from €2.1m to €2.5m
- Tax, wage and social debts +€85,238
up €85,238 (+31.4%), from €271,819 to €357,057
of which Taxes: +€56,552
- Reserves +€79,843
up €79,843 (+8.5%), from €942,044 to €1.0m
of which Tax-exempt reserves: +€79,843
- Gross operating margin +€463,129
up €463,129 (+15.9%), from €2.9m to €3.4m
- Depreciation +€209,000
up €209,000 (+23.2%), from €899,154 to €1.1m
- Staff costs +€168,515
up €168,515 (+10.4%), from €1.6m to €1.8m
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 | €4,474,873 | €4,228,258 | -€246,615 | -5.5% |
| Fixed assets | 21/28 | €3,543,369 | €3,373,956 | -€169,413 | -4.8% |
| Tangible fixed assets | 22/27 | €3,236,894 | €3,067,481 | -€169,413 | -5.2% |
| Furniture and vehicles | 24 | €3,236,894 | €3,067,481 | -€169,413 | -5.2% |
| Financial fixed assets | 28 | €306,475 | €306,475 | = | 0.0% |
| Current assets | 29/58 | €931,504 | €854,302 | -€77,203 | -8.3% |
| Stocks and contracts in progress | 3 | €76,385 | €24,887 | -€51,498 | -67.4% |
| Stocks | 30/36 | €76,385 | €24,887 | -€51,498 | -67.4% |
| Amounts receivable within one year | 40/41 | €819,668 | €772,315 | -€47,353 | -5.8% |
| Trade receivables | 40 | €681,791 | €697,203 | +€15,412 | +2.3% |
| Other amounts receivable | 41 | €137,877 | €75,112 | -€62,765 | -45.5% |
| Cash at bank and in hand | 54/58 | €25,573 | €48,962 | +€23,389 | +91.5% |
| Deferred charges and accrued income | 490/1 | €9,879 | €8,138 | -€1,741 | -17.6% |
| Total equity and liabilities | 10/49 | €4,474,873 | €4,228,258 | -€246,615 | -5.5% |
| Equity | 10/15 | €956,549 | €1,066,517 | +€109,969 | +11.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €942,044 | €1,021,887 | +€79,843 | +8.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €935,847 | €1,015,690 | +€79,843 | +8.5% |
| Profit (loss) carried forward | 14 | -€49,753 | -€19,027 | +€30,726 | +61.8% |
| Investment grants | 15 | €2,284 | €1,684 | -€600 | -26.3% |
| Amounts payable | 17/49 | €3,518,325 | €3,161,741 | -€356,584 | -10.1% |
| Amounts payable within one year | 42/48 | €3,499,015 | €3,147,323 | -€351,692 | -10.1% |
| Trade debts | 44 | €1,164,321 | €277,597 | -€886,725 | -76.2% |
| Suppliers | 440/4 | €1,164,321 | €277,597 | -€886,725 | -76.2% |
| Taxes, remuneration and social security | 45 | €271,819 | €357,057 | +€85,238 | +31.4% |
| Taxes | 450/3 | €35,333 | €91,885 | +€56,552 | +160.1% |
| Remuneration and social security | 454/9 | €236,486 | €265,171 | +€28,686 | +12.1% |
| Other amounts payable | 47/48 | €2,062,875 | €2,512,670 | +€449,795 | +21.8% |
| Accrued charges and deferred income | 492/3 | €19,309 | €14,418 | -€4,892 | -25.3% |
| Non-recurring operating income | 76A | €79,603 | €147,369 | +€67,766 | +85.1% |
| Remuneration, social security and pensions | 62 | €1,619,203 | €1,787,718 | +€168,515 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899,154 | €1,108,154 | +€209,000 | +23.2% |
| Other operating charges | 640/8 | €276,244 | €298,210 | +€21,966 | +8.0% |
| Gross operating margin | 9900 | €2,917,047 | €3,380,176 | +€463,129 | +15.9% |
| Operating profit (loss) | 9901 | €122,446 | €186,094 | +€63,648 | +52.0% |
| Financial income | 75/76B | €11,302 | €7,220 | -€4,082 | -36.1% |
| Recurring financial income | 75 | €11,302 | €7,220 | -€4,082 | -36.1% |
| Financial charges | 65/66B | €87,464 | €82,599 | -€4,865 | -5.6% |
| Recurring financial charges | 65 | €87,464 | €81,471 | -€5,993 | -6.9% |
| Non-recurring financial charges | 66B | - | €1,128 | +€1,128 | |
| Profit (loss) for the period before taxes | 9903 | €46,284 | €110,715 | +€64,431 | +139.2% |
| Income taxes | 67/77 | €1,690 | €146 | -€1,544 | -91.3% |
| Profit (loss) for the period | 9904 | €44,594 | €110,569 | +€65,975 | +147.9% |
| Transfer to tax-exempt reserves | 689 | €71,363 | €79,843 | +€8,479 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,770 | €30,726 | +€57,496 |
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 12 October 2026 via checked.be.