CARPATIS: 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.
CARPATIS
Largest movements
- Cash -€15,258
down €15,258 (-89.4%), from €17,062 to €1,804
mainly Tax, wage and social debts (-€15,238) and Receivables within one year (-€10,074)
- Receivables within one year +€10,074
up €10,074 (+11.7%), from €86,073 to €96,147
of which Trade receivables: +€14,239
- Tangible fixed assets +€1,917
new in 2025: €1,917
- Tax, wage and social debts -€15,238
down €15,238 (-69.2%), from €22,021 to €6,783
of which Taxes: -€14,130
- Trade debts +€11,541
up €11,541 (+16.1%), from €71,849 to €83,390
- Gross operating margin -€11,340
down €11,340 (-82.6%), from €13,733 to €2,394
- Staff costs -€2,914
no longer reported in 2025 (was €2,914)
- Financial charges -€2,383
down €2,383 (-98.1%), from €2,428 to €45
- Depreciation +€478
new in 2025: €478
- Other operating charges -€257
down €257 (-21.3%), from €1,206 to €949
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 | €103,547 | €100,280 | -€3,267 | -3.2% |
| Fixed assets | 21/28 | €412 | €2,329 | +€1,917 | +465.3% |
| Tangible fixed assets | 22/27 | - | €1,917 | +€1,917 | |
| Furniture and vehicles | 24 | - | €1,917 | +€1,917 | |
| Financial fixed assets | 28 | €412 | €412 | = | 0.0% |
| Current assets | 29/58 | €103,135 | €97,951 | -€5,184 | -5.0% |
| Amounts receivable within one year | 40/41 | €86,073 | €96,147 | +€10,074 | +11.7% |
| Trade receivables | 40 | €56,972 | €71,211 | +€14,239 | +25.0% |
| Other amounts receivable | 41 | €29,101 | €24,936 | -€4,165 | -14.3% |
| Cash at bank and in hand | 54/58 | €17,062 | €1,804 | -€15,258 | -89.4% |
| Total equity and liabilities | 10/49 | €103,547 | €100,280 | -€3,267 | -3.2% |
| Equity | 10/15 | €9,678 | €10,107 | +€430 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,097 | €1,097 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,097 | €1,097 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,097 | €1,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,381 | €2,811 | +€430 | +18.0% |
| Amounts payable | 17/49 | €93,869 | €90,173 | -€3,696 | -3.9% |
| Amounts payable within one year | 42/48 | €93,869 | €90,173 | -€3,696 | -3.9% |
| Trade debts | 44 | €71,849 | €83,390 | +€11,541 | +16.1% |
| Suppliers | 440/4 | €71,849 | €83,390 | +€11,541 | +16.1% |
| Taxes, remuneration and social security | 45 | €22,021 | €6,783 | -€15,238 | -69.2% |
| Taxes | 450/3 | €20,913 | €6,783 | -€14,130 | -67.6% |
| Remuneration and social security | 454/9 | €1,108 | - | -€1,108 | |
| Remuneration, social security and pensions | 62 | €2,914 | - | -€2,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €478 | +€478 | |
| Other operating charges | 640/8 | €1,206 | €949 | -€257 | -21.3% |
| Gross operating margin | 9900 | €13,733 | €2,394 | -€11,340 | -82.6% |
| Operating profit (loss) | 9901 | €9,612 | €966 | -€8,646 | -89.9% |
| Financial charges | 65/66B | €2,428 | €45 | -€2,383 | -98.1% |
| Recurring financial charges | 65 | €2,428 | €45 | -€2,383 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €7,184 | €921 | -€6,263 | -87.2% |
| Income taxes | 67/77 | €700 | €491 | -€209 | -29.8% |
| Profit (loss) for the period | 9904 | €6,484 | €430 | -€6,054 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,484 | €430 | -€6,054 | -93.4% |
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 30 September 2026 via checked.be.