CARPED: what changed
CARPED
Largest movements
- Tangible fixed assets -€10,160
down €10,160 (-33.9%), from €30,006 to €19,846
- Cash -€4,113
down €4,113 (-19.4%), from €21,153 to €17,040
mainly Trade debts (-€16,851) and Debts after one year (-€7,206)
- Receivables within one year +€1,520
up €1,520 (+3.9%), from €38,583 to €40,103
of which Other amounts receivable: +€7,853
- Trade debts -€16,851
down €16,851 (-42.1%), from €40,067 to €23,215
of which Bills of exchange payable: -€17,437
- Reserves +€15,000
up €15,000 (+150%), from €10,000 to €25,000
- Debts after one year -€7,206
no longer reported in 2025 (was €7,206)
- Tax, wage and social debts -€4,738
down €4,738 (-67.5%), from €7,014 to €2,276
- Profit (loss) carried forward +€2,399
up €2,399 (+15.8%), from €15,232 to €17,632
- Turnover -€284,266
no longer reported in 2025 (was €284,266)
- Purchases and services -€247,908
no longer reported in 2025 (was €247,908)
- Depreciation +€9,686
up €9,686 (+2,047%), from €473 to €10,160
- Gross operating margin +€4,087
up €4,087 (+11.2%), from €36,358 to €40,444
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 | €90,826 | €78,330 | -€12,496 | -13.8% |
| Fixed assets | 21/28 | €30,006 | €20,071 | -€9,935 | -33.1% |
| Tangible fixed assets | 22/27 | €30,006 | €19,846 | -€10,160 | -33.9% |
| Furniture and vehicles | 24 | €30,006 | €19,846 | -€10,160 | -33.9% |
| Financial fixed assets | 28 | - | €225 | +€225 | |
| Current assets | 29/58 | €60,821 | €58,259 | -€2,562 | -4.2% |
| Amounts receivable within one year | 40/41 | €38,583 | €40,103 | +€1,520 | +3.9% |
| Trade receivables | 40 | €38,219 | €31,887 | -€6,332 | -16.6% |
| Other amounts receivable | 41 | €364 | €8,217 | +€7,853 | +2,158% |
| Cash at bank and in hand | 54/58 | €21,153 | €17,040 | -€4,113 | -19.4% |
| Deferred charges and accrued income | 490/1 | €1,085 | €1,115 | +€31 | +2.8% |
| Total equity and liabilities | 10/49 | €90,826 | €78,330 | -€12,496 | -13.8% |
| Equity | 10/15 | €28,232 | €45,632 | +€17,399 | +61.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €25,000 | +€15,000 | +150% |
| Distributable reserves | 133 | €10,000 | €25,000 | +€15,000 | +150% |
| Profit (loss) carried forward | 14 | €15,232 | €17,632 | +€2,399 | +15.8% |
| Amounts payable | 17/49 | €62,594 | €32,698 | -€29,896 | -47.8% |
| Amounts payable after more than one year | 17 | €7,206 | - | -€7,206 | |
| Financial debts | 170/4 | €7,206 | - | -€7,206 | |
| Amounts payable within one year | 42/48 | €55,387 | €32,698 | -€22,689 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €6,794 | €7,206 | +€413 | +6.1% |
| Trade debts | 44 | €40,067 | €23,215 | -€16,851 | -42.1% |
| Suppliers | 440/4 | €22,630 | €23,215 | +€586 | +2.6% |
| Bills of exchange payable | 441 | €17,437 | - | -€17,437 | |
| Taxes, remuneration and social security | 45 | €7,014 | €2,276 | -€4,738 | -67.5% |
| Taxes | 450/3 | €7,014 | €2,276 | -€4,738 | -67.5% |
| Other amounts payable | 47/48 | €1,513 | - | -€1,513 | |
| Turnover | 70 | €284,266 | - | -€284,266 | |
| Goods, raw materials, services and sundry goods | 60/61 | €247,908 | - | -€247,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €10,160 | +€9,686 | +2,047% |
| Other operating charges | 640/8 | €476 | €2,130 | +€1,654 | +348% |
| Gross operating margin | 9900 | €36,358 | €40,444 | +€4,087 | +11.2% |
| Operating profit (loss) | 9901 | €35,409 | €28,155 | -€7,254 | -20.5% |
| Financial income | 75/76B | €22 | €373 | +€352 | +1,628% |
| Recurring financial income | 75 | €22 | €373 | +€352 | +1,628% |
| Financial charges | 65/66B | €184 | €822 | +€638 | +347% |
| Recurring financial charges | 65 | €184 | €822 | +€638 | +347% |
| Profit (loss) for the period before taxes | 9903 | €35,246 | €27,706 | -€7,540 | -21.4% |
| Income taxes | 67/77 | €10,014 | €10,306 | +€293 | +2.9% |
| Profit (loss) for the period | 9904 | €25,232 | €17,399 | -€7,833 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,232 | €17,399 | -€7,833 | -31.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.