CAROLINE VERIS: 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.
CAROLINE VERIS
Largest movements
- Current investments +€147,277
up €147,277 (+37.0%), from €397,915 to €545,192
- Cash -€90,224
down €90,224 (-19.3%), from €467,332 to €377,108
mainly Current investments (-€147,277) and Contributions, distributions and other (-€71,830)
- Receivables within one year -€9,950
down €9,950 (-43.4%), from €22,950 to €13,000
- Reserves +€51,670
up €51,670 (+6.2%), from €829,840 to €881,510
- Gross operating margin +€5,895
up €5,895 (+3.4%), from €172,715 to €178,610
- Financial income -€4,369
down €4,369 (-93.2%), from €4,688 to €319
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €893,540 | €944,888 | +€51,348 | +5.7% |
| Fixed assets | 21/28 | €597 | €3,921 | +€3,323 | +556% |
| Tangible fixed assets | 22/27 | €517 | €2,840 | +€2,323 | +450% |
| Furniture and vehicles | 24 | €517 | €2,840 | +€2,323 | +450% |
| Financial fixed assets | 28 | €81 | €1,081 | +€1,000 | +1,238% |
| Current assets | 29/58 | €892,943 | €940,968 | +€48,025 | +5.4% |
| Amounts receivable within one year | 40/41 | €22,950 | €13,000 | -€9,950 | -43.4% |
| Other amounts receivable | 41 | €22,950 | €13,000 | -€9,950 | -43.4% |
| Current investments | 50/53 | €397,915 | €545,192 | +€147,277 | +37.0% |
| Cash at bank and in hand | 54/58 | €467,332 | €377,108 | -€90,224 | -19.3% |
| Deferred charges and accrued income | 490/1 | €4,746 | €5,668 | +€921 | +19.4% |
| Total equity and liabilities | 10/49 | €893,540 | €944,888 | +€51,348 | +5.7% |
| Equity | 10/15 | €849,406 | €901,185 | +€51,778 | +6.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €829,840 | €881,510 | +€51,670 | +6.2% |
| Distributable reserves | 133 | €829,840 | €881,510 | +€51,670 | +6.2% |
| Profit (loss) carried forward | 14 | €4,566 | €4,675 | +€108 | +2.4% |
| Amounts payable | 17/49 | €44,134 | €43,704 | -€430 | -1.0% |
| Amounts payable within one year | 42/48 | €43,269 | €42,983 | -€286 | -0.7% |
| Trade debts | 44 | €15,392 | €14,674 | -€719 | -4.7% |
| Suppliers | 440/4 | €15,392 | €14,674 | -€719 | -4.7% |
| Taxes, remuneration and social security | 45 | €17,837 | €17,989 | +€152 | +0.9% |
| Taxes | 450/3 | €17,837 | €17,989 | +€152 | +0.9% |
| Other amounts payable | 47/48 | €10,039 | €10,320 | +€281 | +2.8% |
| Accrued charges and deferred income | 492/3 | €865 | €721 | -€144 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €481 | €568 | +€87 | +18.1% |
| Other operating charges | 640/8 | €758 | €887 | +€129 | +17.0% |
| Gross operating margin | 9900 | €172,715 | €178,610 | +€5,895 | +3.4% |
| Operating profit (loss) | 9901 | €171,477 | €177,156 | +€5,679 | +3.3% |
| Financial income | 75/76B | €4,688 | €319 | -€4,369 | -93.2% |
| Recurring financial income | 75 | €4,688 | €319 | -€4,369 | -93.2% |
| Financial charges | 65/66B | €2,487 | €1,912 | -€574 | -23.1% |
| Recurring financial charges | 65 | €2,487 | €1,912 | -€574 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €173,678 | €175,562 | +€1,884 | +1.1% |
| Income taxes | 67/77 | €50,749 | €51,953 | +€1,204 | +2.4% |
| Profit (loss) for the period | 9904 | €122,929 | €123,608 | +€680 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,929 | €123,608 | +€680 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.