CARPA HOLDING: 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.
CARPA HOLDING
Largest movements
- Cash -€299,777
down €299,777 (-88.1%), from €340,453 to €40,677
mainly Debts after one year (-€376,180) and Net result for the year (-€290,516)
- Tangible fixed assets -€162,984
down €162,984 (-4.1%), from €4.0m to €3.8m
of which Land and buildings: -€145,875
- Receivables within one year -€143,713
down €143,713 (-2.7%), from €5.3m to €5.2m
of which Other amounts receivable: -€145,505
- Debts after one year -€376,180
down €376,180 (-24.0%), from €1.6m to €1.2m
- Profit (loss) carried forward -€290,516
down €290,516 (-46.2%), from -€628,398 to -€918,914
- Gross operating margin -€132,925
down €132,925, from €49,053 to -€83,872
- Financial charges -€10,184
down €10,184 (-22.9%), from €44,378 to €34,194
- Other operating charges -€911
down €911 (-8.8%), from €10,378 to €9,466
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 | €11,575,182 | €10,968,708 | -€606,474 | -5.2% |
| Fixed assets | 21/28 | €5,897,201 | €5,734,218 | -€162,984 | -2.8% |
| Tangible fixed assets | 22/27 | €3,979,493 | €3,816,509 | -€162,984 | -4.1% |
| Land and buildings | 22 | €3,925,232 | €3,779,357 | -€145,875 | -3.7% |
| Plant, machinery and equipment | 23 | €27,730 | €21,383 | -€6,347 | -22.9% |
| Furniture and vehicles | 24 | €26,532 | €15,770 | -€10,762 | -40.6% |
| Financial fixed assets | 28 | €1,917,709 | €1,917,709 | = | 0.0% |
| Current assets | 29/58 | €5,677,981 | €5,234,491 | -€443,490 | -7.8% |
| Amounts receivable within one year | 40/41 | €5,337,527 | €5,193,814 | -€143,713 | -2.7% |
| Trade receivables | 40 | €6,902 | €8,694 | +€1,792 | +26.0% |
| Other amounts receivable | 41 | €5,330,625 | €5,185,120 | -€145,505 | -2.7% |
| Cash at bank and in hand | 54/58 | €340,453 | €40,677 | -€299,777 | -88.1% |
| Total equity and liabilities | 10/49 | €11,575,182 | €10,968,708 | -€606,474 | -5.2% |
| Equity | 10/15 | €8,761,651 | €8,471,135 | -€290,516 | -3.3% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €9,949 | €9,949 | = | 0.0% |
| Reserves | 13 | €7,380,100 | €7,380,100 | = | 0.0% |
| Distributable reserves | 133 | €7,380,100 | €7,380,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€628,398 | -€918,914 | -€290,516 | -46.2% |
| Amounts payable | 17/49 | €2,813,531 | €2,497,574 | -€315,957 | -11.2% |
| Amounts payable after more than one year | 17 | €1,565,972 | €1,189,793 | -€376,180 | -24.0% |
| Financial debts | 170/4 | €1,565,972 | €1,189,793 | -€376,180 | -24.0% |
| Amounts payable within one year | 42/48 | €1,247,261 | €1,307,781 | +€60,520 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €377,362 | €364,253 | -€13,110 | -3.5% |
| Taxes, remuneration and social security | 45 | €480 | €480 | = | 0.0% |
| Taxes | 450/3 | €480 | €480 | = | 0.0% |
| Other amounts payable | 47/48 | €869,419 | €943,048 | +€73,630 | +8.5% |
| Accrued charges and deferred income | 492/3 | €298 | - | -€298 | |
| Non-recurring operating income | 76A | €111,679 | - | -€111,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,568 | €162,984 | -€585 | -0.4% |
| Other operating charges | 640/8 | €10,378 | €9,466 | -€911 | -8.8% |
| Gross operating margin | 9900 | €49,053 | -€83,872 | -€132,925 | |
| Operating profit (loss) | 9901 | -€124,893 | -€256,323 | -€131,430 | -105% |
| Financial income | 75/76B | €95 | €0 | -€95 | -99.8% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -99.8% |
| Financial charges | 65/66B | €44,378 | €34,194 | -€10,184 | -22.9% |
| Recurring financial charges | 65 | €44,378 | €34,194 | -€10,184 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€169,176 | -€290,516 | -€121,341 | -71.7% |
| Profit (loss) for the period | 9904 | -€169,176 | -€290,516 | -€121,341 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,176 | -€290,516 | -€121,341 | -71.7% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.