CAROLOC: 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.
CAROLOC
Largest movements
- Receivables within one year -€17,682
down €17,682 (-53.2%), from €33,259 to €15,576
of which Trade receivables: -€17,682
- Stocks and contracts -€9,588
down €9,588 (-25.3%), from €37,873 to €28,285
- Advances received -€15,805
down €15,805 (-86.6%), from €18,241 to €2,437
- Profit (loss) carried forward -€12,344
down €12,344 (-35.3%), from -€34,990 to -€47,334
- Other debts +€6,480
up €6,480 (+14.1%), from €45,895 to €52,375
- Trade debts -€5,486
down €5,486 (-23.8%), from €23,050 to €17,564
- Gross operating margin -€15,427
down €15,427, from €6,659 to -€8,768
- Other operating charges -€2,413
down €2,413 (-42.2%), from €5,725 to €3,312
- Depreciation -€556
no longer reported in 2025 (was €556)
- Financial income +€293
up €293 (+54205.6%), from €1 to €293
- Taxes -€127
down €127 (-33.2%), from €383 to €256
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 | €74,035 | €46,949 | -€27,086 | -36.6% |
| Current assets | 29/58 | €74,035 | €46,949 | -€27,086 | -36.6% |
| Stocks and contracts in progress | 3 | €37,873 | €28,285 | -€9,588 | -25.3% |
| Stocks | 30/36 | €37,873 | €28,285 | -€9,588 | -25.3% |
| Amounts receivable within one year | 40/41 | €33,259 | €15,576 | -€17,682 | -53.2% |
| Trade receivables | 40 | €33,124 | €15,441 | -€17,682 | -53.4% |
| Other amounts receivable | 41 | €135 | €135 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,903 | €3,088 | +€185 | +6.4% |
| Total equity and liabilities | 10/49 | €74,035 | €46,949 | -€27,086 | -36.6% |
| Equity | 10/15 | -€14,530 | -€26,874 | -€12,344 | -85.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,990 | -€47,334 | -€12,344 | -35.3% |
| Amounts payable | 17/49 | €88,565 | €73,823 | -€14,742 | -16.6% |
| Amounts payable within one year | 42/48 | €88,565 | €73,823 | -€14,742 | -16.6% |
| Trade debts | 44 | €23,050 | €17,564 | -€5,486 | -23.8% |
| Suppliers | 440/4 | €23,050 | €17,564 | -€5,486 | -23.8% |
| Advances received on contracts in progress | 46 | €18,241 | €2,437 | -€15,805 | -86.6% |
| Taxes, remuneration and social security | 45 | €1,378 | €1,447 | +€69 | +5.0% |
| Taxes | 450/3 | €1,378 | €1,447 | +€69 | +5.0% |
| Other amounts payable | 47/48 | €45,895 | €52,375 | +€6,480 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | - | -€556 | |
| Other operating charges | 640/8 | €5,725 | €3,312 | -€2,413 | -42.2% |
| Gross operating margin | 9900 | €6,659 | -€8,768 | -€15,427 | |
| Operating profit (loss) | 9901 | €378 | -€12,080 | -€12,458 | |
| Financial income | 75/76B | €1 | €293 | +€293 | +54205.6% |
| Recurring financial income | 75 | €1 | €293 | +€293 | +54205.6% |
| Financial charges | 65/66B | €390 | €301 | -€89 | -22.8% |
| Recurring financial charges | 65 | €390 | €301 | -€89 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€12 | -€12,088 | -€12,076 | -103035.9% |
| Income taxes | 67/77 | €383 | €256 | -€127 | -33.2% |
| Profit (loss) for the period | 9904 | -€395 | -€12,344 | -€11,949 | -3024.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€395 | -€12,344 | -€11,949 | -3024.4% |
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 12 October 2026 via checked.be.