CAROFISC: 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.
CAROFISC
Largest movements
- Receivables within one year -€14,760
down €14,760 (-37.3%), from €39,622 to €24,863
of which Trade receivables: -€14,565
- Cash +€13,323
up €13,323 (+23.0%), from €57,933 to €71,257
mainly Receivables within one year (+€14,760) and Trade debts (+€693)
- Profit (loss) carried forward -€1,167
down €1,167, from €0 to -€1,167
- Gross operating margin +€485
up €485, from -€35 to €451
- Other operating charges -€224
down €224 (-18.2%), from €1,232 to €1,008
- Financial income -€176
down €176 (-54.7%), from €322 to €146
- Depreciation -€75
down €75 (-100%), from €75 to €0
- Financial charges -€45
down €45 (-10.1%), from €443 to €398
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 | €98,336 | €96,942 | -€1,394 | -1.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €98,336 | €96,942 | -€1,394 | -1.4% |
| Amounts receivable within one year | 40/41 | €39,622 | €24,863 | -€14,760 | -37.3% |
| Trade receivables | 40 | €26,709 | €12,143 | -€14,565 | -54.5% |
| Other amounts receivable | 41 | €12,914 | €12,719 | -€195 | -1.5% |
| Cash at bank and in hand | 54/58 | €57,933 | €71,257 | +€13,323 | +23.0% |
| Deferred charges and accrued income | 490/1 | €781 | €823 | +€42 | +5.4% |
| Total equity and liabilities | 10/49 | €98,336 | €96,942 | -€1,394 | -1.4% |
| Equity | 10/15 | €96,983 | €95,816 | -€1,167 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,783 | €90,783 | = | 0.0% |
| Distributable reserves | 133 | €90,783 | €90,783 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,167 | -€1,167 | |
| Amounts payable | 17/49 | €1,353 | €1,126 | -€227 | -16.8% |
| Amounts payable within one year | 42/48 | €1,287 | €1,126 | -€161 | -12.5% |
| Trade debts | 44 | €75 | €768 | +€693 | +924% |
| Suppliers | 440/4 | €75 | €768 | +€693 | +924% |
| Taxes, remuneration and social security | 45 | €347 | €358 | +€11 | +3.1% |
| Taxes | 450/3 | €347 | €358 | +€11 | +3.1% |
| Other amounts payable | 47/48 | €865 | €0 | -€865 | -100% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75 | €0 | -€75 | -100% |
| Other operating charges | 640/8 | €1,232 | €1,008 | -€224 | -18.2% |
| Gross operating margin | 9900 | -€35 | €451 | +€485 | |
| Operating profit (loss) | 9901 | -€1,341 | -€557 | +€784 | +58.5% |
| Financial income | 75/76B | €322 | €146 | -€176 | -54.7% |
| Recurring financial income | 75 | €322 | €146 | -€176 | -54.7% |
| Financial charges | 65/66B | €443 | €398 | -€45 | -10.1% |
| Recurring financial charges | 65 | €443 | €398 | -€45 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,463 | -€810 | +€653 | +44.6% |
| Income taxes | 67/77 | €347 | €358 | +€11 | +3.1% |
| Profit (loss) for the period | 9904 | -€1,809 | -€1,167 | +€642 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,809 | -€1,167 | +€642 | +35.5% |
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 25 October 2026 via checked.be.