CARON CONSULTING: 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.
CARON CONSULTING
Largest movements
- Current investments +€215,755
new in 2025: €215,755
- Cash -€187,610
down €187,610 (-76.3%), from €245,899 to €58,289
mainly Current investments (-€215,755) and Debts after one year (-€25,966)
- Tangible fixed assets -€23,325
down €23,325 (-4.7%), from €491,084 to €467,759
of which Land and buildings: -€18,662
- Receivables within one year +€20,008
up €20,008 (+13.4%), from €149,834 to €169,842
of which Other amounts receivable: +€16,387
- Reserves +€53,128
up €53,128 (+7.4%), from €717,559 to €770,687
- Debts after one year -€25,966
down €25,966 (-32.8%), from €79,124 to €53,158
- Gross operating margin -€15,766
down €15,766 (-13.0%), from €121,644 to €105,878
- Taxes -€4,472
down €4,472 (-17.0%), from €26,341 to €21,869
- Financial income +€3,917
up €3,917 (+712%), from €550 to €4,467
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 | €967,996 | €994,005 | +€26,009 | +2.7% |
| Fixed assets | 21/28 | €511,334 | €488,009 | -€23,325 | -4.6% |
| Tangible fixed assets | 22/27 | €491,084 | €467,759 | -€23,325 | -4.7% |
| Land and buildings | 22 | €476,354 | €457,692 | -€18,662 | -3.9% |
| Furniture and vehicles | 24 | €14,730 | €10,067 | -€4,663 | -31.7% |
| Financial fixed assets | 28 | €20,250 | €20,250 | = | 0.0% |
| Current assets | 29/58 | €456,662 | €505,996 | +€49,334 | +10.8% |
| Amounts receivable after more than one year | 29 | €58,555 | €59,105 | +€550 | +0.9% |
| Other amounts receivable | 291 | €58,555 | €59,105 | +€550 | +0.9% |
| Amounts receivable within one year | 40/41 | €149,834 | €169,842 | +€20,008 | +13.4% |
| Trade receivables | 40 | €75,142 | €78,763 | +€3,620 | +4.8% |
| Other amounts receivable | 41 | €74,692 | €91,079 | +€16,387 | +21.9% |
| Current investments | 50/53 | - | €215,755 | +€215,755 | |
| Cash at bank and in hand | 54/58 | €245,899 | €58,289 | -€187,610 | -76.3% |
| Deferred charges and accrued income | 490/1 | €2,374 | €3,005 | +€631 | +26.6% |
| Total equity and liabilities | 10/49 | €967,996 | €994,005 | +€26,009 | +2.7% |
| Equity | 10/15 | €842,559 | €895,687 | +€53,128 | +6.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €717,559 | €770,687 | +€53,128 | +7.4% |
| Distributable reserves | 133 | €717,559 | €770,687 | +€53,128 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €125,437 | €98,319 | -€27,119 | -21.6% |
| Amounts payable after more than one year | 17 | €79,124 | €53,158 | -€25,966 | -32.8% |
| Financial debts | 170/4 | €79,124 | €53,158 | -€25,966 | -32.8% |
| Amounts payable within one year | 42/48 | €46,313 | €45,161 | -€1,152 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €25,566 | €25,966 | +€400 | +1.6% |
| Financial debts | 43 | - | €3,325 | +€3,325 | |
| Credit institutions | 430/8 | - | €3,325 | +€3,325 | |
| Trade debts | 44 | €2,856 | €4,113 | +€1,257 | +44.0% |
| Suppliers | 440/4 | €2,856 | €4,113 | +€1,257 | +44.0% |
| Taxes, remuneration and social security | 45 | €17,891 | €11,757 | -€6,134 | -34.3% |
| Taxes | 450/3 | €17,891 | €11,757 | -€6,134 | -34.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,809 | €24,125 | +€316 | +1.3% |
| Other operating charges | 640/8 | €4,996 | €5,393 | +€397 | +8.0% |
| Non-recurring operating charges | 66A | €469 | €4,299 | +€3,830 | +817% |
| Gross operating margin | 9900 | €121,644 | €105,878 | -€15,766 | -13.0% |
| Operating profit (loss) | 9901 | €92,371 | €72,060 | -€20,310 | -22.0% |
| Financial income | 75/76B | €550 | €4,467 | +€3,917 | +712% |
| Recurring financial income | 75 | €550 | €4,467 | +€3,917 | +712% |
| Financial charges | 65/66B | €2,032 | €1,530 | -€502 | -24.7% |
| Recurring financial charges | 65 | €2,032 | €1,530 | -€502 | -24.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €90,889 | €74,997 | -€15,892 | -17.5% |
| Income taxes | 67/77 | €26,341 | €21,869 | -€4,472 | -17.0% |
| Profit (loss) for the period | 9904 | €64,548 | €53,128 | -€11,420 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,548 | €53,128 | -€11,420 | -17.7% |
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 26 October 2026 via checked.be.