Caro Technology: 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.
Caro Technology
Largest movements
- Cash -€98,707
down €98,707 (-100%), from €98,707 to €0
mainly Other debts (-€81,441) and Trade debts (-€66,400)
- Receivables within one year -€86,058
down €86,058 (-61.7%), from €139,464 to €53,407
of which Trade receivables: -€60,000
- Stocks and contracts -€17,913
down €17,913 (-77.4%), from €23,138 to €5,224
- Intangible fixed assets +€16,669
up €16,669 (+23.5%), from €70,901 to €87,570
- Other debts -€81,441
down €81,441 (-34.6%), from €235,432 to €153,991
- Trade debts -€66,400
down €66,400 (-56.6%), from €117,369 to €50,969
- Profit (loss) carried forward -€44,918
down €44,918 (-175%), from -€25,731 to -€70,649
- Tax, wage and social debts +€7,613
up €7,613 (+322%), from €2,362 to €9,975
of which Taxes: +€4,846
- Gross operating margin -€118,520
down €118,520 (-91.6%), from €129,428 to €10,908
- Staff costs +€25,281
up €25,281 (+308%), from €8,217 to €33,498
- Depreciation +€8,659
up €8,659 (+113%), from €7,644 to €16,303
- Taxes -€5,629
down €5,629 (-100%), from €5,629 to €0
- Write-downs +€4,063
up €4,063, from €0 to €4,063
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 | €348,263 | €163,117 | -€185,146 | -53.2% |
| Fixed assets | 21/28 | €70,983 | €87,652 | +€16,669 | +23.5% |
| Intangible fixed assets | 21 | €70,901 | €87,570 | +€16,669 | +23.5% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €277,280 | €75,465 | -€201,815 | -72.8% |
| Amounts receivable after more than one year | 29 | €11,000 | €11,000 | = | 0.0% |
| Other amounts receivable | 291 | €11,000 | €11,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €23,138 | €5,224 | -€17,913 | -77.4% |
| Stocks | 30/36 | €23,138 | €5,224 | -€17,913 | -77.4% |
| Amounts receivable within one year | 40/41 | €139,464 | €53,407 | -€86,058 | -61.7% |
| Trade receivables | 40 | €113,406 | €53,407 | -€60,000 | -52.9% |
| Other amounts receivable | 41 | €26,058 | €0 | -€26,058 | -100% |
| Cash at bank and in hand | 54/58 | €98,707 | €0 | -€98,707 | -100% |
| Deferred charges and accrued income | 490/1 | €4,971 | €5,834 | +€862 | +17.3% |
| Total equity and liabilities | 10/49 | €348,263 | €163,117 | -€185,146 | -53.2% |
| Equity | 10/15 | -€6,899 | -€51,818 | -€44,918 | -651% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232 | €232 | = | 0.0% |
| Distributable reserves | 133 | €232 | €232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,731 | -€70,649 | -€44,918 | -175% |
| Amounts payable | 17/49 | €355,163 | €214,935 | -€140,228 | -39.5% |
| Amounts payable within one year | 42/48 | €355,163 | €214,935 | -€140,228 | -39.5% |
| Trade debts | 44 | €117,369 | €50,969 | -€66,400 | -56.6% |
| Suppliers | 440/4 | €117,369 | €50,969 | -€66,400 | -56.6% |
| Taxes, remuneration and social security | 45 | €2,362 | €9,975 | +€7,613 | +322% |
| Taxes | 450/3 | €0 | €4,846 | +€4,846 | |
| Remuneration and social security | 454/9 | €2,362 | €5,129 | +€2,767 | +117% |
| Other amounts payable | 47/48 | €235,432 | €153,991 | -€81,441 | -34.6% |
| Remuneration, social security and pensions | 62 | €8,217 | €33,498 | +€25,281 | +308% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,644 | €16,303 | +€8,659 | +113% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €4,063 | +€4,063 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €129,428 | €10,908 | -€118,520 | -91.6% |
| Operating profit (loss) | 9901 | €113,040 | -€43,500 | -€156,540 | |
| Financial income | 75/76B | €14 | €1 | -€13 | -94.4% |
| Recurring financial income | 75 | €14 | €1 | -€13 | -94.4% |
| Financial charges | 65/66B | €341 | €1,419 | +€1,078 | +316% |
| Recurring financial charges | 65 | €341 | €1,419 | +€1,078 | +316% |
| Profit (loss) for the period before taxes | 9903 | €112,712 | -€44,918 | -€157,631 | |
| Income taxes | 67/77 | €5,629 | €0 | -€5,629 | -100% |
| Profit (loss) for the period | 9904 | €107,084 | -€44,918 | -€152,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €107,084 | -€44,918 | -€152,002 |
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 18 October 2026 via checked.be.