Carol Construct: what changed
Two fiscal 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.
Carol Construct
Largest movements
- Cash +€36,472
up €36,472 (+240.1%), from €15,190 to €51,662
mainly Net result for the year (+€50,816) and Trade debts (+€6,973)
- Receivables within one year +€7,506
up €7,506 (+18.3%), from €41,040 to €48,545
of which Other amounts receivable: +€21,324
- Profit (loss) carried forward +€26,816
up €26,816 (+123.0%), from €21,800 to €48,616
- Trade debts +€6,973
up €6,973 (+57.2%), from €12,186 to €19,159
of which Suppliers: +€18,376
- Other debts +€5,000
up €5,000 (+26.3%), from €19,000 to €24,000
- Tax, wage and social debts +€4,524
up €4,524 (+68.4%), from €6,613 to €11,137
of which Taxes: +€5,524
- Turnover +€104,555
up €104,555 (+106.7%), from €97,948 to €202,503
- Purchases and services +€72,360
up €72,360 (+107.7%), from €67,187 to €139,547
- Gross operating margin +€32,804
up €32,804 (+106.4%), from €30,841 to €63,645
- Taxes +€7,238
up €7,238 (+371.3%), from €1,949 to €9,188
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 | €60,599 | €103,912 | +€43,313 | +71.5% |
| Fixed assets | 21/28 | €4,369 | €3,705 | -€665 | -15.2% |
| Tangible fixed assets | 22/27 | €4,369 | €3,705 | -€665 | -15.2% |
| Furniture and vehicles | 24 | €4,369 | €3,705 | -€665 | -15.2% |
| Current assets | 29/58 | €56,230 | €100,207 | +€43,977 | +78.2% |
| Amounts receivable within one year | 40/41 | €41,040 | €48,545 | +€7,506 | +18.3% |
| Trade receivables | 40 | €38,321 | €24,502 | -€13,818 | -36.1% |
| Other amounts receivable | 41 | €2,719 | €24,043 | +€21,324 | +784.4% |
| Cash at bank and in hand | 54/58 | €15,190 | €51,662 | +€36,472 | +240.1% |
| Total equity and liabilities | 10/49 | €60,599 | €103,912 | +€43,313 | +71.5% |
| Equity | 10/15 | €22,800 | €49,616 | +€26,816 | +117.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,800 | €48,616 | +€26,816 | +123.0% |
| Amounts payable | 17/49 | €37,799 | €54,296 | +€16,497 | +43.6% |
| Amounts payable within one year | 42/48 | €37,799 | €54,296 | +€16,497 | +43.6% |
| Trade debts | 44 | €12,186 | €19,159 | +€6,973 | +57.2% |
| Suppliers | 440/4 | €784 | €19,159 | +€18,376 | +2345.0% |
| Bills of exchange payable | 441 | €11,402 | - | -€11,402 | |
| Taxes, remuneration and social security | 45 | €6,613 | €11,137 | +€4,524 | +68.4% |
| Taxes | 450/3 | €5,613 | €11,137 | +€5,524 | +98.4% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €19,000 | €24,000 | +€5,000 | +26.3% |
| Turnover | 70 | €97,948 | €202,503 | +€104,555 | +106.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,187 | €139,547 | +€72,360 | +107.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €2,728 | +€805 | +41.9% |
| Other operating charges | 640/8 | €299 | €716 | +€418 | +139.8% |
| Gross operating margin | 9900 | €30,841 | €63,645 | +€32,804 | +106.4% |
| Operating profit (loss) | 9901 | €28,620 | €60,201 | +€31,581 | +110.3% |
| Financial income | 75/76B | €140 | - | -€140 | |
| Recurring financial income | 75 | €140 | - | -€140 | |
| Financial charges | 65/66B | €233 | €197 | -€35 | -15.2% |
| Recurring financial charges | 65 | €233 | €197 | -€35 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €28,527 | €60,003 | +€31,476 | +110.3% |
| Income taxes | 67/77 | €1,949 | €9,188 | +€7,238 | +371.3% |
| Profit (loss) for the period | 9904 | €26,578 | €50,816 | +€24,238 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,578 | €50,816 | +€24,238 | +91.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.