CAROLIMAX: 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.
CAROLIMAX
Largest movements
- Tangible fixed assets -€16,724
down €16,724 (-83.0%), from €20,160 to €3,436
of which Furniture and vehicles: -€16,583
- Deferred charges and accrued income +€2,492
up €2,492 (+5,851%), from €43 to €2,535
- Cash -€2,353
down €2,353 (-74.4%), from €3,162 to €809
mainly Net result for the year (-€25,274) and Deferred charges and accrued income (-€2,492)
- Receivables within one year +€1,328
up €1,328 (+118%), from €1,130 to €2,458
of which Trade receivables: +€828
- Profit (loss) carried forward -€25,274
down €25,274 (-60.0%), from -€42,140 to -€67,414
- Other debts +€11,521
up €11,521 (+139%), from €8,306 to €19,827
- Trade debts -€1,504
down €1,504 (-61.6%), from €2,440 to €936
- Gross operating margin -€3,807
down €3,807 (-886%), from -€430 to -€4,236
- Depreciation +€361
up €361 (+2.2%), from €16,363 to €16,724
- Taxes -€238
down €238 (-80.3%), from €296 to €58
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 | €24,495 | €9,238 | -€15,257 | -62.3% |
| Fixed assets | 21/28 | €20,160 | €3,436 | -€16,724 | -83.0% |
| Tangible fixed assets | 22/27 | €20,160 | €3,436 | -€16,724 | -83.0% |
| Plant, machinery and equipment | 23 | €601 | €460 | -€141 | -23.5% |
| Furniture and vehicles | 24 | €19,559 | €2,976 | -€16,583 | -84.8% |
| Current assets | 29/58 | €4,335 | €5,802 | +€1,467 | +33.8% |
| Amounts receivable within one year | 40/41 | €1,130 | €2,458 | +€1,328 | +118% |
| Trade receivables | 40 | €0 | €828 | +€828 | |
| Other amounts receivable | 41 | €1,130 | €1,630 | +€500 | +44.3% |
| Cash at bank and in hand | 54/58 | €3,162 | €809 | -€2,353 | -74.4% |
| Deferred charges and accrued income | 490/1 | €43 | €2,535 | +€2,492 | +5,851% |
| Total equity and liabilities | 10/49 | €24,495 | €9,238 | -€15,257 | -62.3% |
| Equity | 10/15 | -€39,140 | -€64,414 | -€25,274 | -64.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,140 | -€67,414 | -€25,274 | -60.0% |
| Amounts payable | 17/49 | €63,634 | €73,652 | +€10,017 | +15.7% |
| Amounts payable after more than one year | 17 | €52,000 | €52,000 | = | 0.0% |
| Financial debts | 170/4 | €52,000 | €52,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,634 | €21,652 | +€10,017 | +86.1% |
| Trade debts | 44 | €2,440 | €936 | -€1,504 | -61.6% |
| Suppliers | 440/4 | €2,440 | €936 | -€1,504 | -61.6% |
| Taxes, remuneration and social security | 45 | €889 | €889 | = | 0.0% |
| Taxes | 450/3 | €889 | €889 | = | 0.0% |
| Other amounts payable | 47/48 | €8,306 | €19,827 | +€11,521 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,363 | €16,724 | +€361 | +2.2% |
| Other operating charges | 640/8 | €1,137 | €1,147 | +€9 | +0.8% |
| Gross operating margin | 9900 | -€430 | -€4,236 | -€3,807 | -886% |
| Operating profit (loss) | 9901 | -€17,930 | -€22,107 | -€4,177 | -23.3% |
| Financial charges | 65/66B | €3,071 | €3,109 | +€38 | +1.2% |
| Recurring financial charges | 65 | €3,071 | €3,109 | +€38 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,002 | -€25,216 | -€4,214 | -20.1% |
| Income taxes | 67/77 | €296 | €58 | -€238 | -80.3% |
| Profit (loss) for the period | 9904 | -€21,298 | -€25,274 | -€3,977 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,298 | -€25,274 | -€3,977 | -18.7% |
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 17 October 2026 via checked.be.