CARP GEAR: 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.
CARP GEAR
Largest movements
- Receivables within one year -€41,573
down €41,573 (-99.1%), from €41,934 to €361
of which Other amounts receivable: -€41,573
- Tangible fixed assets -€3,207
down €3,207 (-33.3%), from €9,636 to €6,429
of which Furniture and vehicles: -€2,333
- Profit (loss) carried forward -€25,359
down €25,359 (-74.9%), from -€33,865 to -€59,224
- Trade debts -€10,219
down €10,219 (-74.3%), from €13,745 to €3,526
- Other debts -€9,945
down €9,945 (-9.6%), from €103,217 to €93,272
- Debts after one year +€3,805
up €3,805 (+19.0%), from €20,000 to €23,805
- Tax, wage and social debts -€2,174
down €2,174 (-23.8%), from €9,139 to €6,965
of which Taxes: -€2,174
- Gross operating margin +€6,801
up €6,801 (+63.3%), from €10,747 to €17,549
- Financial charges -€1,078
down €1,078 (-35.0%), from €3,083 to €2,005
- Depreciation +€542
up €542 (+20.3%), from €2,665 to €3,207
- Other operating charges -€386
down €386 (-32.0%), from €1,206 to €821
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 | €154,864 | €110,100 | -€44,764 | -28.9% |
| Fixed assets | 21/28 | €9,736 | €6,429 | -€3,307 | -34.0% |
| Tangible fixed assets | 22/27 | €9,636 | €6,429 | -€3,207 | -33.3% |
| Furniture and vehicles | 24 | €5,209 | €2,875 | -€2,333 | -44.8% |
| Other tangible fixed assets | 26 | €4,427 | €3,554 | -€873 | -19.7% |
| Financial fixed assets | 28 | €100 | €0 | -€100 | -100% |
| Current assets | 29/58 | €145,128 | €103,671 | -€41,458 | -28.6% |
| Stocks and contracts in progress | 3 | €101,255 | €101,098 | -€157 | -0.2% |
| Stocks | 30/36 | €101,255 | €101,098 | -€157 | -0.2% |
| Amounts receivable within one year | 40/41 | €41,934 | €361 | -€41,573 | -99.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €41,934 | €361 | -€41,573 | -99.1% |
| Cash at bank and in hand | 54/58 | €609 | €1,466 | +€857 | +141% |
| Deferred charges and accrued income | 490/1 | €1,329 | €745 | -€584 | -44.0% |
| Total equity and liabilities | 10/49 | €154,864 | €110,100 | -€44,764 | -28.9% |
| Equity | 10/15 | -€1,018 | -€26,377 | -€25,359 | -2,491% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,247 | €14,247 | = | 0.0% |
| Distributable reserves | 133 | €14,247 | €14,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,865 | -€59,224 | -€25,359 | -74.9% |
| Amounts payable | 17/49 | €155,882 | €136,476 | -€19,405 | -12.4% |
| Amounts payable after more than one year | 17 | €20,000 | €23,805 | +€3,805 | +19.0% |
| Other amounts payable | 178/9 | €20,000 | €23,805 | +€3,805 | +19.0% |
| Amounts payable within one year | 42/48 | €135,882 | €112,671 | -€23,211 | -17.1% |
| Financial debts | 43 | €9,781 | €8,908 | -€873 | -8.9% |
| Credit institutions | 430/8 | €9,781 | €8,908 | -€873 | -8.9% |
| Trade debts | 44 | €13,745 | €3,526 | -€10,219 | -74.3% |
| Suppliers | 440/4 | €13,745 | €3,526 | -€10,219 | -74.3% |
| Taxes, remuneration and social security | 45 | €9,139 | €6,965 | -€2,174 | -23.8% |
| Taxes | 450/3 | €9,139 | €6,965 | -€2,174 | -23.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €103,217 | €93,272 | -€9,945 | -9.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,665 | €3,207 | +€542 | +20.3% |
| Other operating charges | 640/8 | €1,206 | €821 | -€386 | -32.0% |
| Non-recurring operating charges | 66A | - | €36,896 | +€36,896 | |
| Gross operating margin | 9900 | €10,747 | €17,549 | +€6,801 | +63.3% |
| Operating profit (loss) | 9901 | €6,876 | -€23,375 | -€30,251 | |
| Financial income | 75/76B | €82 | €21 | -€61 | -74.3% |
| Recurring financial income | 75 | €82 | €21 | -€61 | -74.3% |
| Financial charges | 65/66B | €3,083 | €2,005 | -€1,078 | -35.0% |
| Recurring financial charges | 65 | €3,083 | €2,005 | -€1,078 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €3,875 | -€25,359 | -€29,234 | |
| Profit (loss) for the period | 9904 | €3,875 | -€25,359 | -€29,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,875 | -€25,359 | -€29,234 |
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 1 November 2026 via checked.be.