CAROMAT: 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.
CAROMAT
Largest movements
- Stocks and contracts -€12,848
down €12,848 (-100%), from €12,848 to €0
- Tangible fixed assets -€4,026
down €4,026 (-69.8%), from €5,767 to €1,741
of which Plant, machinery and equipment: -€2,285
- Cash -€2,041
down €2,041 (-6.3%), from €32,325 to €30,285
mainly Trade debts (-€16,989) and Net result for the year (-€2,055)
- Receivables within one year -€632
down €632 (-48.5%), from €1,303 to €671
- Trade debts -€16,989
down €16,989 (-86.1%), from €19,724 to €2,735
- Reserves -€3,118
down €3,118 (-43.3%), from €7,204 to €4,086
of which Tax-exempt reserves: -€3,118
- Profit (loss) carried forward +€1,063
new in 2025: €1,063
- Other debts -€859
down €859 (-100%), from €859 to €0
- Gross operating margin -€22,676
down €22,676 (-96.9%), from €23,410 to €735
- Depreciation -€571
down €571 (-24.7%), from €2,312 to €1,741
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 | €52,775 | €32,721 | -€20,054 | -38.0% |
| Fixed assets | 21/28 | €5,767 | €1,741 | -€4,026 | -69.8% |
| Tangible fixed assets | 22/27 | €5,767 | €1,741 | -€4,026 | -69.8% |
| Land and buildings | 22 | €3,482 | €1,741 | -€1,741 | -50.0% |
| Plant, machinery and equipment | 23 | €2,285 | €0 | -€2,285 | -100% |
| Current assets | 29/58 | €47,008 | €30,980 | -€16,028 | -34.1% |
| Stocks and contracts in progress | 3 | €12,848 | €0 | -€12,848 | -100% |
| Stocks | 30/36 | €12,848 | €0 | -€12,848 | -100% |
| Amounts receivable within one year | 40/41 | €1,303 | €671 | -€632 | -48.5% |
| Other amounts receivable | 41 | €1,303 | €671 | -€632 | -48.5% |
| Cash at bank and in hand | 54/58 | €32,325 | €30,285 | -€2,041 | -6.3% |
| Deferred charges and accrued income | 490/1 | €531 | €24 | -€507 | -95.5% |
| Total equity and liabilities | 10/49 | €52,775 | €32,721 | -€20,054 | -38.0% |
| Equity | 10/15 | €31,796 | €29,740 | -€2,055 | -6.5% |
| Contributions | 10/11 | €24,592 | €24,592 | = | 0.0% |
| Reserves | 13 | €7,204 | €4,086 | -€3,118 | -43.3% |
| Non-distributable reserves | 130/1 | €2,459 | €0 | -€2,459 | -100% |
| Reserves not available under the articles | 1311 | €2,459 | €0 | -€2,459 | -100% |
| Tax-exempt reserves | 132 | €3,118 | €0 | -€3,118 | -100% |
| Distributable reserves | 133 | €1,627 | €4,086 | +€2,459 | +151% |
| Profit (loss) carried forward | 14 | - | €1,063 | +€1,063 | |
| Amounts payable | 17/49 | €20,979 | €2,981 | -€17,998 | -85.8% |
| Amounts payable within one year | 42/48 | €20,979 | €2,981 | -€17,998 | -85.8% |
| Trade debts | 44 | €19,724 | €2,735 | -€16,989 | -86.1% |
| Suppliers | 440/4 | €19,724 | €2,735 | -€16,989 | -86.1% |
| Taxes, remuneration and social security | 45 | €396 | €246 | -€150 | -37.9% |
| Taxes | 450/3 | €396 | €246 | -€150 | -37.9% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,312 | €1,741 | -€571 | -24.7% |
| Other operating charges | 640/8 | €898 | €972 | +€74 | +8.3% |
| Gross operating margin | 9900 | €23,410 | €735 | -€22,676 | -96.9% |
| Operating profit (loss) | 9901 | €20,200 | -€1,979 | -€22,179 | |
| Financial income | 75/76B | €22 | €35 | +€13 | +58.1% |
| Recurring financial income | 75 | €22 | €35 | +€13 | +58.1% |
| Financial charges | 65/66B | €233 | €111 | -€122 | -52.3% |
| Recurring financial charges | 65 | €233 | €111 | -€122 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €19,989 | -€2,055 | -€22,044 | |
| Income taxes | 67/77 | €96 | €0 | -€96 | -100% |
| Profit (loss) for the period | 9904 | €19,893 | -€2,055 | -€21,948 | |
| Transfer from tax-exempt reserves | 789 | - | €3,118 | +€3,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,893 | €1,063 | -€18,830 | -94.7% |
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 25 October 2026 via checked.be.