CARPE DIEM REPRESENTATION: 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.
CARPE DIEM REPRESENTATION
Largest movements
- Financial fixed assets +€131,000
up €131,000 (+79,394%), from €165 to €131,165
- Cash -€42,812
down €42,812 (-90.9%), from €47,073 to €4,261
mainly Investment in fixed assets (net) (-€131,270) and Net result for the year (-€50,602)
- Receivables within one year -€16,538
down €16,538 (-44.7%), from €37,036 to €20,498
of which Trade receivables: -€13,931
- Debts after one year +€78,615
new in 2025: €78,615
- Profit (loss) carried forward -€45,108
down €45,108 (-1,140%), from -€3,958 to -€49,065
- Other debts +€16,970
up €16,970 (+58.7%), from €28,929 to €45,898
- Tax, wage and social debts +€16,411
up €16,411 (+121%), from €13,595 to €30,006
of which Taxes: +€13,157
- Current portion of long-term debt +€12,706
new in 2025: €12,706
- Gross operating margin -€54,787
down €54,787 (-78.8%), from €69,565 to €14,779
- Staff costs +€10,652
up €10,652 (+23.2%), from €46,005 to €56,657
- Other operating charges +€2,539
up €2,539 (+121%), from €2,107 to €4,646
- Financial charges +€1,466
up €1,466 (+151%), from €970 to €2,436
of which Financial charges: +€2,002
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 | €87,612 | €159,036 | +€71,424 | +81.5% |
| Fixed assets | 21/28 | €3,324 | €132,938 | +€129,614 | +3,899% |
| Tangible fixed assets | 22/27 | €3,159 | €1,773 | -€1,386 | -43.9% |
| Furniture and vehicles | 24 | €3,159 | €1,773 | -€1,386 | -43.9% |
| Financial fixed assets | 28 | €165 | €131,165 | +€131,000 | +79,394% |
| Current assets | 29/58 | €84,288 | €26,099 | -€58,190 | -69.0% |
| Amounts receivable within one year | 40/41 | €37,036 | €20,498 | -€16,538 | -44.7% |
| Trade receivables | 40 | €30,555 | €16,624 | -€13,931 | -45.6% |
| Other amounts receivable | 41 | €6,482 | €3,874 | -€2,607 | -40.2% |
| Cash at bank and in hand | 54/58 | €47,073 | €4,261 | -€42,812 | -90.9% |
| Deferred charges and accrued income | 490/1 | €179 | €1,340 | +€1,161 | +647% |
| Total equity and liabilities | 10/49 | €87,612 | €159,036 | +€71,424 | +81.5% |
| Equity | 10/15 | €16,493 | -€28,614 | -€45,108 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€3,958 | -€49,065 | -€45,108 | -1,140% |
| Amounts payable | 17/49 | €71,119 | €187,651 | +€116,532 | +164% |
| Amounts payable after more than one year | 17 | - | €78,615 | +€78,615 | |
| Financial debts | 170/4 | - | €78,615 | +€78,615 | |
| Amounts payable within one year | 42/48 | €71,119 | €109,036 | +€37,917 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | - | €12,706 | +€12,706 | |
| Financial debts | 43 | - | €792 | +€792 | |
| Credit institutions | 430/8 | - | €792 | +€792 | |
| Trade debts | 44 | €28,595 | €19,634 | -€8,961 | -31.3% |
| Suppliers | 440/4 | €28,595 | €19,634 | -€8,961 | -31.3% |
| Taxes, remuneration and social security | 45 | €13,595 | €30,006 | +€16,411 | +121% |
| Taxes | 450/3 | €10,365 | €23,522 | +€13,157 | +127% |
| Remuneration and social security | 454/9 | €3,230 | €6,483 | +€3,254 | +101% |
| Other amounts payable | 47/48 | €28,929 | €45,898 | +€16,970 | +58.7% |
| Remuneration, social security and pensions | 62 | €46,005 | €56,657 | +€10,652 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €1,656 | +€78 | +5.0% |
| Other operating charges | 640/8 | €2,107 | €4,646 | +€2,539 | +121% |
| Gross operating margin | 9900 | €69,565 | €14,779 | -€54,787 | -78.8% |
| Operating profit (loss) | 9901 | €19,875 | -€48,181 | -€68,056 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €970 | €2,436 | +€1,466 | +151% |
| Recurring financial charges | 65 | €434 | €2,436 | +€2,002 | +462% |
| Non-recurring financial charges | 66B | €536 | - | -€536 | |
| Profit (loss) for the period before taxes | 9903 | €18,905 | -€50,617 | -€69,522 | |
| Income taxes | 67/77 | - | -€15 | -€15 | |
| Profit (loss) for the period | 9904 | €18,905 | -€50,602 | -€69,507 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,905 | -€50,602 | -€69,507 |
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 30 October 2026 via checked.be.