CAROLINE: 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.
CAROLINE
Largest movements
- Cash +€34,449
up €34,449 (+1432.7%), from €2,404 to €36,854
mainly Net result for the year (+€49,057) and Other debts (+€13,984)
- Receivables within one year +€15,467
up €15,467 (+105.0%), from €14,735 to €30,202
of which Trade receivables: +€15,541
- Tangible fixed assets +€8,197
up €8,197 (+23.9%), from €34,321 to €42,518
of which Furniture and vehicles: +€6,435
- Deferred charges and accrued income +€2,756
up €2,756 (+1524.0%), from €181 to €2,937
- Stocks and contracts +€1,720
up €1,720 (+4.3%), from €39,628 to €41,348
- Profit (loss) carried forward +€41,557
up €41,557, from -€41,290 to €268
- Other debts +€13,984
up €13,984 (+14.9%), from €93,879 to €107,863
- Tax, wage and social debts +€10,915
up €10,915 (+1103.9%), from €989 to €11,904
of which Remuneration and social security: +€7,069
- Reserves +€7,500
up €7,500 (+90036.0%), from €8 to €7,508
of which Distributable reserves: +€7,500
- Trade debts -€4,938
down €4,938 (-55.5%), from €8,902 to €3,965
- Gross operating margin +€40,519
up €40,519 (+37.8%), from €107,247 to €147,767
- Staff costs +€16,788
up €16,788 (+33.3%), from €50,429 to €67,217
- Taxes +€3,368
up €3,368 (+704.2%), from €478 to €3,847
- Financial charges +€1,819
up €1,819 (+21.5%), from €8,470 to €10,289
- Other operating charges +€1,736
up €1,736 (+95.5%), from €1,817 to €3,554
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,269 | €153,859 | +€62,589 | +68.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €34,321 | €42,518 | +€8,197 | +23.9% |
| Tangible fixed assets | 22/27 | €34,321 | €42,518 | +€8,197 | +23.9% |
| Land and buildings | 22 | €26,784 | €31,558 | +€4,774 | +17.8% |
| Plant, machinery and equipment | 23 | €2,240 | €1,971 | -€270 | -12.0% |
| Furniture and vehicles | 24 | €2,555 | €8,990 | +€6,435 | +251.9% |
| Leasing and similar rights | 25 | €2,306 | - | -€2,306 | |
| Other tangible fixed assets | 26 | €437 | - | -€437 | |
| Current assets | 29/58 | €56,949 | €111,341 | +€54,392 | +95.5% |
| Stocks and contracts in progress | 3 | €39,628 | €41,348 | +€1,720 | +4.3% |
| Stocks | 30/36 | €39,628 | €41,348 | +€1,720 | +4.3% |
| Amounts receivable within one year | 40/41 | €14,735 | €30,202 | +€15,467 | +105.0% |
| Trade receivables | 40 | - | €15,541 | +€15,541 | |
| Other amounts receivable | 41 | €14,735 | €14,661 | -€74 | -0.5% |
| Cash at bank and in hand | 54/58 | €2,404 | €36,854 | +€34,449 | +1432.7% |
| Deferred charges and accrued income | 490/1 | €181 | €2,937 | +€2,756 | +1524.0% |
| Total equity and liabilities | 10/49 | €91,269 | €153,859 | +€62,589 | +68.6% |
| Equity | 10/15 | -€22,681 | €26,376 | +€49,057 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8 | €7,508 | +€7,500 | +90036.0% |
| Non-distributable reserves | 130/1 | €8 | €8 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8 | €8 | = | 0.0% |
| Distributable reserves | 133 | - | €7,500 | +€7,500 | |
| Profit (loss) carried forward | 14 | -€41,290 | €268 | +€41,557 | |
| Amounts payable | 17/49 | €113,951 | €127,483 | +€13,532 | +11.9% |
| Amounts payable after more than one year | 17 | €3,750 | €0 | -€3,750 | -100.0% |
| Financial debts | 170/4 | €3,750 | €0 | -€3,750 | -100.0% |
| Amounts payable within one year | 42/48 | €110,200 | €127,483 | +€17,282 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €6,430 | €3,750 | -€2,680 | -41.7% |
| Trade debts | 44 | €8,902 | €3,965 | -€4,938 | -55.5% |
| Suppliers | 440/4 | €8,902 | €3,965 | -€4,938 | -55.5% |
| Taxes, remuneration and social security | 45 | €989 | €11,904 | +€10,915 | +1103.9% |
| Taxes | 450/3 | €890 | €4,736 | +€3,847 | +432.3% |
| Remuneration and social security | 454/9 | €99 | €7,168 | +€7,069 | +7147.5% |
| Other amounts payable | 47/48 | €93,879 | €107,863 | +€13,984 | +14.9% |
| Remuneration, social security and pensions | 62 | €50,429 | €67,217 | +€16,788 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,334 | €13,803 | -€1,532 | -10.0% |
| Other operating charges | 640/8 | €1,817 | €3,554 | +€1,736 | +95.5% |
| Gross operating margin | 9900 | €107,247 | €147,767 | +€40,519 | +37.8% |
| Operating profit (loss) | 9901 | €39,667 | €63,193 | +€23,526 | +59.3% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €8,470 | €10,289 | +€1,819 | +21.5% |
| Recurring financial charges | 65 | €8,470 | €10,289 | +€1,819 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | €31,197 | €52,904 | +€21,707 | +69.6% |
| Income taxes | 67/77 | €478 | €3,847 | +€3,368 | +704.2% |
| Profit (loss) for the period | 9904 | €30,718 | €49,057 | +€18,339 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,718 | €49,057 | +€18,339 | +59.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.