CAROLANT: 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.
CAROLANT
Largest movements
- Cash -€77,689
down €77,689 (-52.2%), from €148,719 to €71,030
mainly Other debts (-€73,090) and Trade debts (-€23,844)
- Tangible fixed assets -€8,186
down €8,186 (-6.4%), from €128,768 to €120,583
of which Land and buildings: -€7,586
- Receivables within one year +€5,269
up €5,269 (+74.7%), from €7,058 to €12,327
of which Trade receivables: +€3,500
- Other debts -€73,090
down €73,090 (-87.7%), from €83,370 to €10,280
- Trade debts -€23,844
down €23,844 (-98.4%), from €24,244 to €400
- Reserves +€15,000
up €15,000 (+13.1%), from €114,200 to €129,200
of which Distributable reserves: +€15,000
- Gross operating margin +€4,977
up €4,977 (+17.3%), from €28,792 to €33,769
- Taxes +€1,394
up €1,394 (+32.9%), from €4,240 to €5,633
- Depreciation -€632
down €632 (-7.2%), from €8,818 to €8,186
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 | €284,613 | €204,007 | -€80,606 | -28.3% |
| Fixed assets | 21/28 | €128,836 | €120,650 | -€8,186 | -6.4% |
| Tangible fixed assets | 22/27 | €128,768 | €120,583 | -€8,186 | -6.4% |
| Land and buildings | 22 | €125,224 | €117,638 | -€7,586 | -6.1% |
| Other tangible fixed assets | 26 | €3,544 | €2,944 | -€600 | -16.9% |
| Financial fixed assets | 28 | €67 | €67 | = | 0.0% |
| Current assets | 29/58 | €155,777 | €83,357 | -€72,420 | -46.5% |
| Amounts receivable within one year | 40/41 | €7,058 | €12,327 | +€5,269 | +74.7% |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Other amounts receivable | 41 | €7,058 | €8,827 | +€1,769 | +25.1% |
| Cash at bank and in hand | 54/58 | €148,719 | €71,030 | -€77,689 | -52.2% |
| Total equity and liabilities | 10/49 | €284,613 | €204,007 | -€80,606 | -28.3% |
| Equity | 10/15 | €176,999 | €193,328 | +€16,329 | +9.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €114,200 | €129,200 | +€15,000 | +13.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €108,000 | €123,000 | +€15,000 | +13.9% |
| Profit (loss) carried forward | 14 | €799 | €2,128 | +€1,329 | +166.2% |
| Amounts payable | 17/49 | €107,614 | €10,680 | -€96,934 | -90.1% |
| Amounts payable within one year | 42/48 | €107,614 | €10,680 | -€96,934 | -90.1% |
| Trade debts | 44 | €24,244 | €400 | -€23,844 | -98.4% |
| Suppliers | 440/4 | €24,244 | €400 | -€23,844 | -98.4% |
| Other amounts payable | 47/48 | €83,370 | €10,280 | -€73,090 | -87.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,818 | €8,186 | -€632 | -7.2% |
| Other operating charges | 640/8 | €3,395 | €3,494 | +€99 | +2.9% |
| Gross operating margin | 9900 | €28,792 | €33,769 | +€4,977 | +17.3% |
| Operating profit (loss) | 9901 | €16,580 | €22,089 | +€5,510 | +33.2% |
| Financial charges | 65/66B | €153 | €127 | -€26 | -16.8% |
| Recurring financial charges | 65 | €153 | €127 | -€26 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €16,426 | €21,962 | +€5,535 | +33.7% |
| Income taxes | 67/77 | €4,240 | €5,633 | +€1,394 | +32.9% |
| Profit (loss) for the period | 9904 | €12,187 | €16,329 | +€4,142 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,187 | €16,329 | +€4,142 | +34.0% |
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 6 October 2026 via checked.be.