CAROPHAR: what changed
What changed
CAROPHAR
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€208,954
2024 · €73,720+€135,234
Equity
€338,143
2024 · €129,189+€208,954
Cash
€6,907
2024 · €2,475+€4,432
Balance sheet total
€1.0m
2024 · €962,380+€72,793
Largest movements
Assets
- Receivables within one year +€62,856
up €62,856 (+518%), from €12,127 to €74,983
of which Trade receivables: +€62,850
Equity and liabilities
- Reserves +€208,954
up €208,954 (+163%), from €128,189 to €337,143
- Other debts -€86,423
down €86,423 (-51.3%), from €168,330 to €81,908
- Debts after one year -€73,254
down €73,254 (-12.9%), from €568,188 to €494,934
- Tax, wage and social debts +€20,907
up €20,907 (+82.5%), from €25,332 to €46,240
Income statement
- Financial income +€100,000
new in 2025: €100,000
- Gross operating margin +€53,269
up €53,269 (+46.7%), from €113,985 to €167,254
- Taxes +€10,581
up €10,581 (+54.7%), from €19,335 to €29,916
- Financial charges +€6,561
up €6,561 (+32.7%), from €20,035 to €26,596
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€73,720
Gross operating margin
+€53,269
Staff costs
+€43
Other operating charges
-€937
Financial income
+€100,000
Financial charges
-€6,561
Taxes
-€10,581
Result 2025
€208,954
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€81,574
Investment
-€6,000
Financing
-€71,142
Cash 2024
€2,475
From operations (derived)
+€81,574
Net result for the year
+€208,954
Receivables within one year
-€62,856
Smaller working-capital items
+€991
Tax, wage and social debts
+€20,907
Other debts
-€86,423
Investment (derived)
-€6,000
Investment in fixed assets (net)
-€6,000
Financing
-€71,142
Debts after one year
-€73,254
Current portion of long-term debt
+€2,113
Cash 2025
€6,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €962,380 | €1,035,173 | +€72,793 | +7.6% |
| Fixed assets | 21/28 | €947,000 | €953,000 | +€6,000 | +0.6% |
| Financial fixed assets | 28 | €947,000 | €953,000 | +€6,000 | +0.6% |
| Current assets | 29/58 | €15,380 | €82,173 | +€66,793 | +434% |
| Amounts receivable within one year | 40/41 | €12,127 | €74,983 | +€62,856 | +518% |
| Trade receivables | 40 | €12,100 | €74,950 | +€62,850 | +519% |
| Other amounts receivable | 41 | €27 | €33 | +€6 | +22.6% |
| Cash at bank and in hand | 54/58 | €2,475 | €6,907 | +€4,432 | +179% |
| Deferred charges and accrued income | 490/1 | €778 | €283 | -€496 | -63.7% |
| Total equity and liabilities | 10/49 | €962,380 | €1,035,173 | +€72,793 | +7.6% |
| Equity | 10/15 | €129,189 | €338,143 | +€208,954 | +162% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €128,189 | €337,143 | +€208,954 | +163% |
| Distributable reserves | 133 | €128,189 | €337,143 | +€208,954 | +163% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €833,192 | €697,030 | -€136,161 | -16.3% |
| Amounts payable after more than one year | 17 | €568,188 | €494,934 | -€73,254 | -12.9% |
| Financial debts | 170/4 | €568,188 | €494,934 | -€73,254 | -12.9% |
| Amounts payable within one year | 42/48 | €265,003 | €202,096 | -€62,907 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €71,142 | €73,254 | +€2,113 | +3.0% |
| Trade debts | 44 | €199 | €694 | +€495 | +249% |
| Suppliers | 440/4 | €199 | €694 | +€495 | +249% |
| Taxes, remuneration and social security | 45 | €25,332 | €46,240 | +€20,907 | +82.5% |
| Taxes | 450/3 | €25,332 | €46,240 | +€20,907 | +82.5% |
| Other amounts payable | 47/48 | €168,330 | €81,908 | -€86,423 | -51.3% |
| Remuneration, social security and pensions | 62 | €714 | €671 | -€43 | -6.0% |
| Other operating charges | 640/8 | €182 | €1,118 | +€937 | +515% |
| Gross operating margin | 9900 | €113,985 | €167,254 | +€53,269 | +46.7% |
| Operating profit (loss) | 9901 | €113,089 | €165,465 | +€52,376 | +46.3% |
| Financial income | 75/76B | - | €100,000 | +€100,000 | |
| Recurring financial income | 75 | - | €100,000 | +€100,000 | |
| Financial charges | 65/66B | €20,035 | €26,596 | +€6,561 | +32.7% |
| Recurring financial charges | 65 | €20,035 | €26,596 | +€6,561 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €93,055 | €238,869 | +€145,815 | +157% |
| Income taxes | 67/77 | €19,335 | €29,916 | +€10,581 | +54.7% |
| Profit (loss) for the period | 9904 | €73,720 | €208,954 | +€135,234 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €73,720 | €208,954 | +€135,234 | +183% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.