CARPATHYA: what changed
Two fiscal 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.
CARPATHYA
Largest movements
- Cash -€6,033
down €6,033 (-28.0%), from €21,546 to €15,512
mainly Other debts (-€9,974) and Receivables within one year (-€5,199)
- Receivables within one year +€5,199
up €5,199 (+12.9%), from €40,366 to €45,565
of which Trade receivables: +€5,217
- Other debts -€9,974
down €9,974 (-18.8%), from €53,172 to €43,198
- Profit (loss) carried forward +€7,639
up €7,639 (+51.6%), from -€14,813 to -€7,173
- Tax, wage and social debts +€1,560
new in 2025: €1,560
- Gross operating margin +€5,253
up €5,253 (+106.8%), from €4,917 to €10,170
- Taxes +€1,560
new in 2025: €1,560
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.
Cash bridge derived
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 | €62,281 | €61,303 | -€978 | -1.6% |
| Fixed assets | 21/28 | €369 | €226 | -€143 | -38.9% |
| Tangible fixed assets | 22/27 | €369 | €226 | -€143 | -38.9% |
| Plant, machinery and equipment | 23 | €369 | €226 | -€143 | -38.9% |
| Current assets | 29/58 | €61,912 | €61,077 | -€834 | -1.3% |
| Amounts receivable within one year | 40/41 | €40,366 | €45,565 | +€5,199 | +12.9% |
| Trade receivables | 40 | €39,851 | €45,068 | +€5,217 | +13.1% |
| Other amounts receivable | 41 | €515 | €497 | -€18 | -3.4% |
| Cash at bank and in hand | 54/58 | €21,546 | €15,512 | -€6,033 | -28.0% |
| Total equity and liabilities | 10/49 | €62,281 | €61,303 | -€978 | -1.6% |
| Equity | 10/15 | -€12,813 | -€5,173 | +€7,639 | +59.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,813 | -€7,173 | +€7,639 | +51.6% |
| Amounts payable | 17/49 | €75,093 | €66,476 | -€8,617 | -11.5% |
| Amounts payable within one year | 42/48 | €75,093 | €66,476 | -€8,617 | -11.5% |
| Trade debts | 44 | €21,921 | €21,719 | -€203 | -0.9% |
| Suppliers | 440/4 | €21,921 | €21,719 | -€203 | -0.9% |
| Taxes, remuneration and social security | 45 | - | €1,560 | +€1,560 | |
| Taxes | 450/3 | - | €1,560 | +€1,560 | |
| Other amounts payable | 47/48 | €53,172 | €43,198 | -€9,974 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | €143 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,917 | €10,170 | +€5,253 | +106.8% |
| Operating profit (loss) | 9901 | €4,268 | €9,506 | +€5,238 | +122.7% |
| Financial charges | 65/66B | €270 | €307 | +€37 | +13.7% |
| Recurring financial charges | 65 | €270 | €307 | +€37 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €3,998 | €9,199 | +€5,202 | +130.1% |
| Income taxes | 67/77 | - | €1,560 | +€1,560 | |
| Profit (loss) for the period | 9904 | €3,998 | €7,639 | +€3,641 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,998 | €7,639 | +€3,641 | +91.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.