CARPE DIEM: what changed
CARPE DIEM
Largest movements
- Stocks and contracts -€123,429
no longer reported in 2025 (was €123,429)
- Tangible fixed assets -€4,279
down €4,279 (-30.1%), from €14,239 to €9,960
of which Land and buildings: -€2,943
- Other debts -€79,555
down €79,555 (-62.8%), from €126,714 to €47,159
- Short-term financial debts -€39,000
no longer reported in 2025 (was €39,000)
- Trade debts -€3,537
down €3,537 (-70.1%), from €5,049 to €1,512
- Profit (loss) carried forward -€2,447
down €2,447 (-3.1%), from -€77,687 to -€80,133
- Tax, wage and social debts -€2,143
down €2,143 (-21.7%), from €9,876 to €7,733
- Gross operating margin -€83,522
down €83,522, from €34,875 to -€48,647
- Write-downs -€46,457
down €46,457 (-611%), from -€7,598 to -€54,055
- Financial charges -€5,435
down €5,435 (-64.7%), from €8,395 to €2,960
- Depreciation -€922
down €922 (-17.9%), from €5,160 to €4,238
- Other operating charges +€490
up €490 (+392%), from €125 to €615
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,517 | €12,835 | -€126,682 | -90.8% |
| Fixed assets | 21/28 | €14,239 | €9,960 | -€4,279 | -30.1% |
| Tangible fixed assets | 22/27 | €14,239 | €9,960 | -€4,279 | -30.1% |
| Land and buildings | 22 | €11,594 | €8,651 | -€2,943 | -25.4% |
| Plant, machinery and equipment | 23 | €2,227 | €1,113 | -€1,113 | -50.0% |
| Furniture and vehicles | 24 | €418 | €195 | -€223 | -53.3% |
| Current assets | 29/58 | €125,278 | €2,875 | -€122,403 | -97.7% |
| Stocks and contracts in progress | 3 | €123,429 | - | -€123,429 | |
| Stocks | 30/36 | €123,429 | - | -€123,429 | |
| Amounts receivable within one year | 40/41 | €828 | €1,478 | +€650 | +78.5% |
| Trade receivables | 40 | €629 | €1,478 | +€849 | +135% |
| Other amounts receivable | 41 | €199 | - | -€199 | |
| Cash at bank and in hand | 54/58 | €1,021 | €1,397 | +€376 | +36.9% |
| Total equity and liabilities | 10/49 | €139,517 | €12,835 | -€126,682 | -90.8% |
| Equity | 10/15 | -€41,122 | -€43,569 | -€2,447 | -6.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €5,578 | €5,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,687 | -€80,133 | -€2,447 | -3.1% |
| Amounts payable | 17/49 | €180,639 | €56,404 | -€124,235 | -68.8% |
| Amounts payable within one year | 42/48 | €180,639 | €56,404 | -€124,235 | -68.8% |
| Financial debts | 43 | €39,000 | - | -€39,000 | |
| Credit institutions | 430/8 | €39,000 | - | -€39,000 | |
| Trade debts | 44 | €5,049 | €1,512 | -€3,537 | -70.1% |
| Suppliers | 440/4 | €5,049 | €1,512 | -€3,537 | -70.1% |
| Taxes, remuneration and social security | 45 | €9,876 | €7,733 | -€2,143 | -21.7% |
| Taxes | 450/3 | €9,876 | €7,733 | -€2,143 | -21.7% |
| Other amounts payable | 47/48 | €126,714 | €47,159 | -€79,555 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,160 | €4,238 | -€922 | -17.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,598 | -€54,055 | -€46,457 | -611% |
| Other operating charges | 640/8 | €125 | €615 | +€490 | +392% |
| Non-recurring operating charges | 66A | €802 | €41 | -€761 | -94.8% |
| Gross operating margin | 9900 | €34,875 | -€48,647 | -€83,522 | |
| Operating profit (loss) | 9901 | €36,386 | €513 | -€35,872 | -98.6% |
| Financial income | 75/76B | €323 | - | -€323 | |
| Recurring financial income | 75 | €323 | - | -€323 | |
| Financial charges | 65/66B | €8,395 | €2,960 | -€5,435 | -64.7% |
| Recurring financial charges | 65 | €8,395 | €2,960 | -€5,435 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €28,314 | -€2,447 | -€30,760 | |
| Profit (loss) for the period | 9904 | €28,314 | -€2,447 | -€30,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,314 | -€2,447 | -€30,760 |
Next steps
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.