CARON: 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.
CARON
Largest movements
- Cash +€40,266
up €40,266 (+32.1%), from €125,495 to €165,761
mainly Net result for the year (+€28,404) and Debts after one year (+€6,730)
- Receivables within one year +€3,553
up €3,553 (+3.7%), from €97,049 to €100,602
- Profit (loss) carried forward +€28,404
up €28,404 (+24.2%), from €117,163 to €145,567
- Debts after one year +€6,730
new in 2025: €6,730
- Tax, wage and social debts +€5,937
up €5,937 (+30.5%), from €19,459 to €25,396
- Provisions +€5,000
up €5,000 (+12.5%), from €40,000 to €45,000
- Trade debts -€4,259
no longer reported in 2025 (was €4,259)
- Provisions -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Gross operating margin -€4,034
down €4,034 (-8.0%), from €50,613 to €46,579
- Purchases and services +€3,169
up €3,169 (+1.7%), from €188,722 to €191,891
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 | €228,614 | €270,426 | +€41,812 | +18.3% |
| Current assets | 29/58 | €228,614 | €270,426 | +€41,812 | +18.3% |
| Stocks and contracts in progress | 3 | €6,070 | €4,063 | -€2,007 | -33.1% |
| Stocks | 30/36 | €6,070 | €4,063 | -€2,007 | -33.1% |
| Amounts receivable within one year | 40/41 | €97,049 | €100,602 | +€3,553 | +3.7% |
| Other amounts receivable | 41 | €97,049 | €100,602 | +€3,553 | +3.7% |
| Cash at bank and in hand | 54/58 | €125,495 | €165,761 | +€40,266 | +32.1% |
| Total equity and liabilities | 10/49 | €228,614 | €270,426 | +€41,812 | +18.3% |
| Equity | 10/15 | €164,896 | €193,300 | +€28,404 | +17.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €29,141 | €29,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,282 | €27,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,163 | €145,567 | +€28,404 | +24.2% |
| Provisions and deferred taxes | 16 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Other liabilities and charges | 164/5 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Amounts payable | 17/49 | €23,718 | €32,126 | +€8,408 | +35.4% |
| Amounts payable after more than one year | 17 | - | €6,730 | +€6,730 | |
| Trade debts | 175 | - | €6,730 | +€6,730 | |
| Amounts payable within one year | 42/48 | €23,718 | €25,396 | +€1,678 | +7.1% |
| Trade debts | 44 | €4,259 | - | -€4,259 | |
| Suppliers | 440/4 | €4,259 | - | -€4,259 | |
| Taxes, remuneration and social security | 45 | €19,459 | €25,396 | +€5,937 | +30.5% |
| Taxes | 450/3 | €19,459 | €25,396 | +€5,937 | +30.5% |
| Turnover | 70 | €239,335 | €238,470 | -€865 | -0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €188,722 | €191,891 | +€3,169 | +1.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Other operating charges | 640/8 | €784 | €805 | +€21 | +2.7% |
| Non-recurring operating charges | 66A | €491 | €400 | -€91 | -18.5% |
| Gross operating margin | 9900 | €50,613 | €46,579 | -€4,034 | -8.0% |
| Operating profit (loss) | 9901 | €39,338 | €40,374 | +€1,036 | +2.6% |
| Financial charges | 65/66B | €564 | €569 | +€5 | +0.9% |
| Recurring financial charges | 65 | €564 | €569 | +€5 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €38,774 | €39,805 | +€1,031 | +2.7% |
| Income taxes | 67/77 | €10,839 | €11,401 | +€562 | +5.2% |
| Profit (loss) for the period | 9904 | €27,935 | €28,404 | +€469 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,935 | €28,404 | +€469 | +1.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.