CARPE VITAM: 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 VITAM
Largest movements
- Tangible fixed assets -€12,993
down €12,993 (-8.2%), from €159,336 to €146,344
of which Furniture and vehicles: -€14,120
- Receivables within one year -€12,816
down €12,816 (-36.0%), from €35,602 to €22,787
of which Other amounts receivable: -€12,329
- Cash -€9,271
down €9,271 (-4.4%), from €211,875 to €202,604
mainly Contributions, distributions and other (-€116,500) and Debts after one year (-€18,972)
- Reserves -€81,115
down €81,115 (-30.7%), from €263,922 to €182,807
- Other debts +€66,608
up €66,608 (+128%), from €52,000 to €118,608
- Debts after one year -€18,972
down €18,972 (-50.6%), from €37,462 to €18,490
- Gross operating margin +€14,425
up €14,425 (+22.9%), from €63,083 to €77,507
- Taxes +€3,701
up €3,701 (+34.9%), from €10,600 to €14,300
- Financial income -€1,300
no longer reported in 2025 (was €1,300)
- Depreciation -€1,016
down €1,016 (-4.2%), from €24,412 to €23,396
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 | €410,478 | €375,952 | -€34,526 | -8.4% |
| Fixed assets | 21/28 | €159,389 | €146,396 | -€12,993 | -8.2% |
| Tangible fixed assets | 22/27 | €159,336 | €146,344 | -€12,993 | -8.2% |
| Land and buildings | 22 | €102,323 | €95,837 | -€6,486 | -6.3% |
| Plant, machinery and equipment | 23 | €5,916 | €13,758 | +€7,842 | +133% |
| Furniture and vehicles | 24 | €48,859 | €34,739 | -€14,120 | -28.9% |
| Other tangible fixed assets | 26 | €2,238 | €2,010 | -€228 | -10.2% |
| Financial fixed assets | 28 | €53 | €53 | = | 0.0% |
| Current assets | 29/58 | €251,089 | €229,555 | -€21,534 | -8.6% |
| Amounts receivable within one year | 40/41 | €35,602 | €22,787 | -€12,816 | -36.0% |
| Trade receivables | 40 | €22,573 | €22,087 | -€486 | -2.2% |
| Other amounts receivable | 41 | €13,029 | €700 | -€12,329 | -94.6% |
| Cash at bank and in hand | 54/58 | €211,875 | €202,604 | -€9,271 | -4.4% |
| Deferred charges and accrued income | 490/1 | €3,612 | €4,165 | +€553 | +15.3% |
| Total equity and liabilities | 10/49 | €410,478 | €375,952 | -€34,526 | -8.4% |
| Equity | 10/15 | €282,522 | €201,407 | -€81,115 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €263,922 | €182,807 | -€81,115 | -30.7% |
| Distributable reserves | 133 | €263,922 | €182,807 | -€81,115 | -30.7% |
| Amounts payable | 17/49 | €127,956 | €174,545 | +€46,588 | +36.4% |
| Amounts payable after more than one year | 17 | €37,462 | €18,490 | -€18,972 | -50.6% |
| Financial debts | 170/4 | €37,462 | €18,490 | -€18,972 | -50.6% |
| Amounts payable within one year | 42/48 | €90,471 | €156,055 | +€65,584 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | €18,474 | €18,972 | +€498 | +2.7% |
| Trade debts | 44 | €5,830 | €2,276 | -€3,554 | -61.0% |
| Suppliers | 440/4 | €5,830 | €2,276 | -€3,554 | -61.0% |
| Taxes, remuneration and social security | 45 | €14,167 | €16,199 | +€2,032 | +14.3% |
| Taxes | 450/3 | €14,167 | €16,199 | +€2,032 | +14.3% |
| Other amounts payable | 47/48 | €52,000 | €118,608 | +€66,608 | +128% |
| Accrued charges and deferred income | 492/3 | €23 | - | -€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,412 | €23,396 | -€1,016 | -4.2% |
| Other operating charges | 640/8 | €1,847 | €1,807 | -€40 | -2.1% |
| Non-recurring operating charges | 66A | - | €1,191 | +€1,191 | |
| Gross operating margin | 9900 | €63,083 | €77,507 | +€14,425 | +22.9% |
| Operating profit (loss) | 9901 | €36,824 | €51,113 | +€14,288 | +38.8% |
| Financial income | 75/76B | €1,300 | - | -€1,300 | |
| Recurring financial income | 75 | €1,300 | - | -€1,300 | |
| Financial charges | 65/66B | €2,131 | €1,427 | -€704 | -33.0% |
| Recurring financial charges | 65 | €2,131 | €1,427 | -€704 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €35,994 | €49,686 | +€13,692 | +38.0% |
| Income taxes | 67/77 | €10,600 | €14,300 | +€3,701 | +34.9% |
| Profit (loss) for the period | 9904 | €25,394 | €35,385 | +€9,991 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,394 | €35,385 | +€9,991 | +39.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.