CARPEEDIEM: 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.
CARPEEDIEM
Largest movements
- Stocks and contracts +€196,166
up €196,166 (+23.2%), from €847,124 to €1.0m
- Debts after one year +€169,700
up €169,700 (+35.9%), from €473,000 to €642,700
- Other debts +€53,734
up €53,734 (+16.0%), from €335,764 to €389,498
- Trade debts -€47,700
down €47,700 (-100%), from €47,700 to €0
- Reserves +€13,817
up €13,817 (+60,415%), from €23 to €13,840
- Gross operating margin +€29,771
up €29,771, from -€2,371 to €27,401
- Taxes +€6,864
new in 2025: €6,864
- Financial income -€604
down €604 (-99.9%), from €605 to €1
- Other operating charges +€320
up €320 (+154%), from €208 to €528
- Depreciation +€281
up €281 (+258%), from €109 to €390
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 | €850,961 | €1,048,502 | +€197,542 | +23.2% |
| Fixed assets | 21/28 | €1,839 | €1,450 | -€390 | -21.2% |
| Tangible fixed assets | 22/27 | €1,839 | €1,450 | -€390 | -21.2% |
| Land and buildings | 22 | €1,839 | €1,450 | -€390 | -21.2% |
| Current assets | 29/58 | €849,121 | €1,047,053 | +€197,931 | +23.3% |
| Stocks and contracts in progress | 3 | €847,124 | €1,043,290 | +€196,166 | +23.2% |
| Stocks | 30/36 | €847,124 | €1,043,290 | +€196,166 | +23.2% |
| Cash at bank and in hand | 54/58 | €1,997 | €3,762 | +€1,765 | +88.4% |
| Total equity and liabilities | 10/49 | €850,961 | €1,048,502 | +€197,542 | +23.2% |
| Equity | 10/15 | -€5,504 | €13,940 | +€19,443 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €23 | €13,840 | +€13,817 | +60,415% |
| Distributable reserves | 133 | €23 | €13,840 | +€13,817 | +60,415% |
| Profit (loss) carried forward | 14 | -€5,627 | €0 | +€5,627 | |
| Amounts payable | 17/49 | €856,464 | €1,034,562 | +€178,098 | +20.8% |
| Amounts payable after more than one year | 17 | €473,000 | €642,700 | +€169,700 | +35.9% |
| Financial debts | 170/4 | €473,000 | €642,700 | +€169,700 | +35.9% |
| Amounts payable within one year | 42/48 | €383,464 | €391,862 | +€8,398 | +2.2% |
| Trade debts | 44 | €47,700 | €0 | -€47,700 | -100% |
| Suppliers | 440/4 | €47,700 | €0 | -€47,700 | -100% |
| Taxes, remuneration and social security | 45 | - | €2,364 | +€2,364 | |
| Taxes | 450/3 | - | €2,364 | +€2,364 | |
| Other amounts payable | 47/48 | €335,764 | €389,498 | +€53,734 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €390 | +€281 | +258% |
| Other operating charges | 640/8 | €208 | €528 | +€320 | +154% |
| Gross operating margin | 9900 | -€2,371 | €27,401 | +€29,771 | |
| Operating profit (loss) | 9901 | -€2,687 | €26,483 | +€29,171 | |
| Financial income | 75/76B | €605 | €1 | -€604 | -99.9% |
| Recurring financial income | 75 | €605 | €1 | -€604 | -99.9% |
| Financial charges | 65/66B | €133 | €176 | +€44 | +33.0% |
| Recurring financial charges | 65 | €133 | €176 | +€44 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,215 | €26,308 | +€28,523 | |
| Income taxes | 67/77 | - | €6,864 | +€6,864 | |
| Profit (loss) for the period | 9904 | -€2,215 | €19,443 | +€21,659 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,215 | €19,443 | +€21,659 |
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 20 October 2026 via checked.be.