CARO FERNELMONT: what changed
What changed
CARO FERNELMONT
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
filed annual accounts (NBB)
Net result for the year
€810,423
2024 · €542,106+€268,317
Equity
€2.7m
2024 · €3.4m-€693,599
Cash
€8,619
2024 · €48,664-€40,044
Balance sheet total
€9.7m
2024 · €10.6m-€973,823
Largest movements
Assets
- Current investments -€1.3m
no longer reported in 2025 (was €1.3m)
- Financial fixed assets +€400,000
up €400,000 (+100%), from €400,000 to €800,000
- Tangible fixed assets -€386,135
down €386,135 (-4.8%), from €8.0m to €7.6m
of which Land and buildings: -€680,174
- Receivables within one year +€332,012
up €332,012 (+54.0%), from €614,836 to €946,848
of which Trade receivables: +€381,772
Equity and liabilities
- Debts after one year -€716,071
down €716,071 (-11.8%), from €6.1m to €5.3m
- Reserves -€689,577
down €689,577 (-22.3%), from €3.1m to €2.4m
of which Distributable reserves: -€689,577
- Tax, wage and social debts +€232,462
up €232,462 (+310%), from €74,971 to €307,433
- Trade debts +€115,763
up €115,763 (+34.3%), from €337,383 to €453,146
Income statement
- Gross operating margin +€534,049
up €534,049 (+29.9%), from €1.8m to €2.3m
- Taxes +€229,292
up €229,292 (+306%), from €74,973 to €304,265
- Other operating charges +€32,283
up €32,283 (+36.2%), from €89,259 to €121,543
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€542,106
Gross operating margin
+€534,049
Staff costs
+€4,333
Depreciation
-€2,511
Other operating charges
-€32,283
Financial income
-€9,869
Financial charges
+€3,890
Taxes
-€229,292
Result 2025
€810,423
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.8m
Investment
+€294,170
Financing
-€2.1m
Cash 2024
€48,664
From operations (derived)
+€1.8m
Net result for the year
+€810,423
Depreciation
+€991,965
Receivables within one year
-€332,012
Deferred charges and accrued income
-€20,343
Smaller working-capital items
-€454
Trade debts
+€115,763
Tax, wage and social debts
+€232,462
Investment (derived)
+€294,170
Investment in fixed assets (net)
-€1.0m
Current investments
+€1.3m
Financing
-€2.1m
Debts after one year
-€716,071
Current portion of long-term debt
+€7,748
Short-term financial debts
+€80,327
Contributions, distributions and other
-€1.5m
Cash 2025
€8,619
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,627,184 | €9,653,361 | -€973,823 | -9.2% |
| Fixed assets | 21/28 | €8,420,243 | €8,434,108 | +€13,865 | +0.2% |
| Tangible fixed assets | 22/27 | €8,020,243 | €7,634,108 | -€386,135 | -4.8% |
| Land and buildings | 22 | €7,222,843 | €6,542,669 | -€680,174 | -9.4% |
| Plant, machinery and equipment | 23 | €766,849 | €1,070,385 | +€303,536 | +39.6% |
| Furniture and vehicles | 24 | €30,550 | €21,054 | -€9,496 | -31.1% |
| Financial fixed assets | 28 | €400,000 | €800,000 | +€400,000 | +100% |
| Current assets | 29/58 | €2,206,942 | €1,219,253 | -€987,689 | -44.8% |
| Amounts receivable within one year | 40/41 | €614,836 | €946,848 | +€332,012 | +54.0% |
| Trade receivables | 40 | €363,713 | €745,485 | +€381,772 | +105% |
| Other amounts receivable | 41 | €251,122 | €201,363 | -€49,760 | -19.8% |
| Current investments | 50/53 | €1,300,000 | - | -€1.3m | |
| Cash at bank and in hand | 54/58 | €48,664 | €8,619 | -€40,044 | -82.3% |
| Deferred charges and accrued income | 490/1 | €243,442 | €263,786 | +€20,343 | +8.4% |
| Total equity and liabilities | 10/49 | €10,627,184 | €9,653,361 | -€973,823 | -9.2% |
| Equity | 10/15 | €3,427,748 | €2,734,149 | -€693,599 | -20.2% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €3,085,549 | €2,395,972 | -€689,577 | -22.3% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €3,060,760 | €2,371,183 | -€689,577 | -22.5% |
| Investment grants | 15 | €94,305 | €90,283 | -€4,022 | -4.3% |
| Provisions and deferred taxes | 16 | €18,769 | €17,428 | -€1,341 | -7.1% |
| Deferred taxes | 168 | €18,769 | €17,428 | -€1,341 | -7.1% |
| Amounts payable | 17/49 | €7,180,668 | €6,901,784 | -€278,884 | -3.9% |
| Amounts payable after more than one year | 17 | €6,059,983 | €5,343,911 | -€716,071 | -11.8% |
| Financial debts | 170/4 | €6,059,983 | €5,343,911 | -€716,071 | -11.8% |
| Amounts payable within one year | 42/48 | €1,120,685 | €1,556,986 | +€436,301 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €708,331 | €716,080 | +€7,748 | +1.1% |
| Financial debts | 43 | - | €80,327 | +€80,327 | |
| Credit institutions | 430/8 | - | €80,327 | +€80,327 | |
| Trade debts | 44 | €337,383 | €453,146 | +€115,763 | +34.3% |
| Suppliers | 440/4 | €337,383 | €453,146 | +€115,763 | +34.3% |
| Taxes, remuneration and social security | 45 | €74,971 | €307,433 | +€232,462 | +310% |
| Taxes | 450/3 | €74,971 | €307,433 | +€232,462 | +310% |
| Accrued charges and deferred income | 492/3 | - | €887 | +€887 | |
| Remuneration, social security and pensions | 62 | €11,329 | €6,996 | -€4,333 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989,454 | €991,965 | +€2,511 | +0.3% |
| Other operating charges | 640/8 | €89,259 | €121,543 | +€32,283 | +36.2% |
| Gross operating margin | 9900 | €1,785,378 | €2,319,426 | +€534,049 | +29.9% |
| Operating profit (loss) | 9901 | €695,335 | €1,198,923 | +€503,588 | +72.4% |
| Financial income | 75/76B | €42,532 | €32,663 | -€9,869 | -23.2% |
| Recurring financial income | 75 | €42,532 | €32,663 | -€9,869 | -23.2% |
| Financial charges | 65/66B | €122,129 | €118,239 | -€3,890 | -3.2% |
| Recurring financial charges | 65 | €122,129 | €118,239 | -€3,890 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €615,738 | €1,113,347 | +€497,610 | +80.8% |
| Transfer from deferred taxes | 780 | €1,341 | €1,341 | = | 0.0% |
| Income taxes | 67/77 | €74,973 | €304,265 | +€229,292 | +306% |
| Profit (loss) for the period | 9904 | €542,106 | €810,423 | +€268,317 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €542,106 | €810,423 | +€268,317 | +49.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.