CaroK: 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.
CaroK
Largest movements
- Tangible fixed assets -€27,648
down €27,648 (-7.8%), from €355,608 to €327,960
of which Land and buildings: -€27,204
- Stocks and contracts -€17,457
down €17,457 (-20.0%), from €87,393 to €69,936
- Receivables within one year -€17,051
down €17,051 (-60.3%), from €28,258 to €11,207
of which Trade receivables: -€17,055
- Cash +€14,816
up €14,816 (+907%), from €1,633 to €16,449
mainly Depreciation (+€27,648) and Stocks and contracts (+€17,457)
- Debts after one year -€25,648
down €25,648 (-6.4%), from €401,855 to €376,207
- Profit (loss) carried forward -€15,668
down €15,668 (-5.8%), from -€271,034 to -€286,702
- Accrued charges and deferred income -€9,490
no longer reported in 2025 (was €9,490)
- Tax, wage and social debts +€7,811
up €7,811 (+32.8%), from €23,786 to €31,597
of which Taxes: +€8,777
- Gross operating margin -€19,481
down €19,481 (-34.3%), from €56,785 to €37,304
- Staff costs +€4,222
up €4,222 (+106%), from €3,993 to €8,214
- Other operating charges -€3,301
down €3,301 (-38.6%), from €8,550 to €5,249
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 | €473,434 | €426,151 | -€47,283 | -10.0% |
| Fixed assets | 21/28 | €355,608 | €327,960 | -€27,648 | -7.8% |
| Tangible fixed assets | 22/27 | €355,608 | €327,960 | -€27,648 | -7.8% |
| Land and buildings | 22 | €354,366 | €327,162 | -€27,204 | -7.7% |
| Furniture and vehicles | 24 | €1,242 | €799 | -€444 | -35.7% |
| Current assets | 29/58 | €117,827 | €98,191 | -€19,636 | -16.7% |
| Stocks and contracts in progress | 3 | €87,393 | €69,936 | -€17,457 | -20.0% |
| Stocks | 30/36 | €87,393 | €69,936 | -€17,457 | -20.0% |
| Amounts receivable within one year | 40/41 | €28,258 | €11,207 | -€17,051 | -60.3% |
| Trade receivables | 40 | €28,258 | €11,203 | -€17,055 | -60.4% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €1,633 | €16,449 | +€14,816 | +907% |
| Deferred charges and accrued income | 490/1 | €543 | €600 | +€57 | +10.5% |
| Total equity and liabilities | 10/49 | €473,434 | €426,151 | -€47,283 | -10.0% |
| Equity | 10/15 | -€252,434 | -€268,102 | -€15,668 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,034 | -€286,702 | -€15,668 | -5.8% |
| Amounts payable | 17/49 | €725,868 | €694,253 | -€31,615 | -4.4% |
| Amounts payable after more than one year | 17 | €401,855 | €376,207 | -€25,648 | -6.4% |
| Financial debts | 170/4 | €401,855 | €376,207 | -€25,648 | -6.4% |
| Amounts payable within one year | 42/48 | €314,524 | €318,046 | +€3,522 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €25,087 | €25,648 | +€561 | +2.2% |
| Financial debts | 43 | €1,208 | €619 | -€589 | -48.8% |
| Credit institutions | 430/8 | €1,208 | €619 | -€589 | -48.8% |
| Trade debts | 44 | €79,134 | €79,175 | +€40 | +0.1% |
| Suppliers | 440/4 | €79,134 | €79,175 | +€40 | +0.1% |
| Taxes, remuneration and social security | 45 | €23,786 | €31,597 | +€7,811 | +32.8% |
| Taxes | 450/3 | €22,756 | €31,532 | +€8,777 | +38.6% |
| Remuneration and social security | 454/9 | €1,030 | €65 | -€965 | -93.7% |
| Other amounts payable | 47/48 | €185,309 | €181,008 | -€4,301 | -2.3% |
| Accrued charges and deferred income | 492/3 | €9,490 | - | -€9,490 | |
| Remuneration, social security and pensions | 62 | €3,993 | €8,214 | +€4,222 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,200 | €27,648 | +€448 | +1.6% |
| Other operating charges | 640/8 | €8,550 | €5,249 | -€3,301 | -38.6% |
| Non-recurring operating charges | 66A | €944 | - | -€944 | |
| Gross operating margin | 9900 | €56,785 | €37,304 | -€19,481 | -34.3% |
| Operating profit (loss) | 9901 | €16,098 | -€3,808 | -€19,906 | |
| Financial income | 75/76B | €11 | €35 | +€23 | +207% |
| Recurring financial income | 75 | €11 | €35 | +€23 | +207% |
| Financial charges | 65/66B | €12,432 | €11,941 | -€491 | -3.9% |
| Recurring financial charges | 65 | €12,432 | €11,941 | -€491 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,677 | -€15,714 | -€19,392 | |
| Income taxes | 67/77 | €253 | -€46 | -€299 | |
| Profit (loss) for the period | 9904 | €3,424 | -€15,668 | -€19,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,424 | -€15,668 | -€19,092 |
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 14 October 2026 via checked.be.