CARPE NOCTEM: what changed
CARPE NOCTEM
Largest movements
- Tangible fixed assets -€7,516
down €7,516 (-22.0%), from €34,237 to €26,721
of which Furniture and vehicles: -€6,885
- Receivables within one year -€5,183
down €5,183 (-9.1%), from €57,162 to €51,979
of which Other amounts receivable: -€6,843
- Cash +€4,984
up €4,984 (+142%), from €3,503 to €8,486
mainly Other debts (+€25,000) and Depreciation (+€7,516)
- Other debts +€25,000
new in 2025: €25,000
- Reserves -€23,140
down €23,140 (-32.6%), from €71,066 to €47,926
- Debts after one year -€5,269
down €5,269 (-24.2%), from €21,766 to €16,497
- Tax, wage and social debts -€3,240
down €3,240 (-37.5%), from €8,647 to €5,407
- Contributions -€1,860
down €1,860 (-9.1%), from €20,460 to €18,600
- Depreciation +€5,582
up €5,582 (+289%), from €1,934 to €7,516
- Taxes -€2,322
down €2,322 (-70.1%), from €3,312 to €990
- Financial charges +€717
up €717 (+141%), from €507 to €1,224
- Gross operating margin -€451
down €451 (-3.7%), from €12,135 to €11,684
- Other operating charges -€185
down €185 (-22.2%), from €834 to €649
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 | €94,902 | €87,187 | -€7,715 | -8.1% |
| Fixed assets | 21/28 | €34,237 | €26,721 | -€7,516 | -22.0% |
| Tangible fixed assets | 22/27 | €34,237 | €26,721 | -€7,516 | -22.0% |
| Plant, machinery and equipment | 23 | €1,573 | €942 | -€631 | -40.1% |
| Furniture and vehicles | 24 | €32,664 | €25,779 | -€6,885 | -21.1% |
| Current assets | 29/58 | €60,665 | €60,466 | -€199 | -0.3% |
| Amounts receivable within one year | 40/41 | €57,162 | €51,979 | -€5,183 | -9.1% |
| Trade receivables | 40 | €2,449 | €4,109 | +€1,660 | +67.8% |
| Other amounts receivable | 41 | €54,713 | €47,870 | -€6,843 | -12.5% |
| Cash at bank and in hand | 54/58 | €3,503 | €8,486 | +€4,984 | +142% |
| Total equity and liabilities | 10/49 | €94,902 | €87,187 | -€7,715 | -8.1% |
| Equity | 10/15 | €58,264 | €34,569 | -€23,695 | -40.7% |
| Contributions | 10/11 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Reserves | 13 | €71,066 | €47,926 | -€23,140 | -32.6% |
| Distributable reserves | 133 | €71,066 | €47,926 | -€23,140 | -32.6% |
| Profit (loss) carried forward | 14 | -€33,262 | -€31,957 | +€1,305 | +3.9% |
| Amounts payable | 17/49 | €36,638 | €52,618 | +€15,979 | +43.6% |
| Amounts payable after more than one year | 17 | €21,766 | €16,497 | -€5,269 | -24.2% |
| Financial debts | 170/4 | €21,766 | €16,497 | -€5,269 | -24.2% |
| Amounts payable within one year | 42/48 | €14,872 | €36,121 | +€21,248 | +143% |
| Current portion of amounts payable after more than one year | 42 | €5,082 | €5,269 | +€187 | +3.7% |
| Trade debts | 44 | €1,143 | €445 | -€698 | -61.1% |
| Suppliers | 440/4 | €1,143 | €445 | -€698 | -61.1% |
| Taxes, remuneration and social security | 45 | €8,647 | €5,407 | -€3,240 | -37.5% |
| Taxes | 450/3 | €8,647 | €5,407 | -€3,240 | -37.5% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €7,516 | +€5,582 | +289% |
| Other operating charges | 640/8 | €834 | €649 | -€185 | -22.2% |
| Gross operating margin | 9900 | €12,135 | €11,684 | -€451 | -3.7% |
| Operating profit (loss) | 9901 | €9,368 | €3,520 | -€5,848 | -62.4% |
| Financial charges | 65/66B | €507 | €1,224 | +€717 | +141% |
| Recurring financial charges | 65 | €507 | €1,224 | +€717 | +141% |
| Profit (loss) for the period before taxes | 9903 | €8,860 | €2,296 | -€6,565 | -74.1% |
| Income taxes | 67/77 | €3,312 | €990 | -€2,322 | -70.1% |
| Profit (loss) for the period | 9904 | €5,548 | €1,305 | -€4,243 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,548 | €1,305 | -€4,243 | -76.5% |
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.