CAROPE: 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.
CAROPE
Largest movements
- Cash -€12,950
down €12,950 (-20.0%), from €64,913 to €51,963
mainly Net result for the year (-€31,502) and Trade debts (-€2,461)
- Tangible fixed assets -€3,275
down €3,275 (-30.4%), from €10,761 to €7,485
of which Plant, machinery and equipment: -€2,882
- Receivables within one year -€2,755
down €2,755 (-43.0%), from €6,411 to €3,655
of which Other amounts receivable: -€6,210
- Profit (loss) carried forward -€31,502
down €31,502, from €0 to -€31,502
- Other debts +€17,073
up €17,073 (+91.2%), from €18,727 to €35,799
- Trade debts -€2,461
down €2,461 (-95.7%), from €2,571 to €110
- Tax, wage and social debts -€2,295
down €2,295 (-63.7%), from €3,605 to €1,310
of which Remuneration and social security: -€2,944
- Gross operating margin -€101,151
down €101,151, from €76,952 to -€24,200
- Staff costs -€55,542
down €55,542, from €55,253 to -€290
- Taxes -€4,896
down €4,896 (-96.2%), from €5,092 to €195
- Other operating charges -€1,063
down €1,063 (-56.9%), from €1,869 to €807
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 | €172,301 | €153,429 | -€18,872 | -11.0% |
| Fixed assets | 21/28 | €100,761 | €97,485 | -€3,275 | -3.3% |
| Tangible fixed assets | 22/27 | €10,761 | €7,485 | -€3,275 | -30.4% |
| Plant, machinery and equipment | 23 | €9,334 | €6,451 | -€2,882 | -30.9% |
| Furniture and vehicles | 24 | €1,427 | €1,034 | -€393 | -27.5% |
| Financial fixed assets | 28 | €90,000 | €90,000 | = | 0.0% |
| Current assets | 29/58 | €71,540 | €55,944 | -€15,596 | -21.8% |
| Stocks and contracts in progress | 3 | €0 | €326 | +€326 | |
| Stocks | 30/36 | €0 | €326 | +€326 | |
| Amounts receivable within one year | 40/41 | €6,411 | €3,655 | -€2,755 | -43.0% |
| Trade receivables | 40 | €0 | €3,455 | +€3,455 | |
| Other amounts receivable | 41 | €6,411 | €201 | -€6,210 | -96.9% |
| Cash at bank and in hand | 54/58 | €64,913 | €51,963 | -€12,950 | -20.0% |
| Deferred charges and accrued income | 490/1 | €217 | €0 | -€217 | -100% |
| Total equity and liabilities | 10/49 | €172,301 | €153,429 | -€18,872 | -11.0% |
| Equity | 10/15 | €146,202 | €114,700 | -€31,502 | -21.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €127,610 | €127,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €127,610 | €127,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€31,502 | -€31,502 | |
| Amounts payable | 17/49 | €26,098 | €38,729 | +€12,630 | +48.4% |
| Amounts payable within one year | 42/48 | €24,903 | €37,219 | +€12,316 | +49.5% |
| Trade debts | 44 | €2,571 | €110 | -€2,461 | -95.7% |
| Suppliers | 440/4 | €2,571 | €110 | -€2,461 | -95.7% |
| Taxes, remuneration and social security | 45 | €3,605 | €1,310 | -€2,295 | -63.7% |
| Taxes | 450/3 | €661 | €1,310 | +€649 | +98.2% |
| Remuneration and social security | 454/9 | €2,944 | €0 | -€2,944 | -100% |
| Other amounts payable | 47/48 | €18,727 | €35,799 | +€17,073 | +91.2% |
| Accrued charges and deferred income | 492/3 | €1,196 | €1,510 | +€314 | +26.3% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €55,253 | -€290 | -€55,542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,910 | €5,679 | -€231 | -3.9% |
| Other operating charges | 640/8 | €1,869 | €807 | -€1,063 | -56.9% |
| Non-recurring operating charges | 66A | €382 | €0 | -€382 | -100% |
| Gross operating margin | 9900 | €76,952 | -€24,200 | -€101,151 | |
| Operating profit (loss) | 9901 | €13,538 | -€30,395 | -€43,933 | |
| Financial income | 75/76B | €136 | €320 | +€184 | +135% |
| Recurring financial income | 75 | €136 | €320 | +€184 | +135% |
| Financial charges | 65/66B | €777 | €1,231 | +€454 | +58.4% |
| Recurring financial charges | 65 | €777 | €1,231 | +€454 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €12,897 | -€31,307 | -€44,203 | |
| Income taxes | 67/77 | €5,092 | €195 | -€4,896 | -96.2% |
| Profit (loss) for the period | 9904 | €7,805 | -€31,502 | -€39,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,805 | -€31,502 | -€39,307 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.