CARPENITO: 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.
CARPENITO
Largest movements
- Tangible fixed assets -€110,469
down €110,469 (-30.2%), from €365,696 to €255,227
of which Land and buildings: -€162,472
- Receivables within one year +€46,217
up €46,217 (+34418.6%), from €134 to €46,352
of which Other amounts receivable: +€35,424
- Cash +€35,133
up €35,133 (+753.7%), from €4,662 to €39,794
mainly Net result for the year (+€231,508) and Investment in fixed assets (net) (+€93,360)
- Profit (loss) carried forward +€231,508
up €231,508 (+512.9%), from €45,140 to €276,648
- Other debts -€194,351
no longer reported in 2025 (was €194,351)
- Short-term financial debts -€70,633
no longer reported in 2025 (was €70,633)
- Tax, wage and social debts +€45,162
up €45,162 (+3963.3%), from €1,140 to €46,302
of which Taxes: +€46,162
- Current portion of long-term debt -€20,470
no longer reported in 2025 (was €20,470)
- Gross operating margin +€308,372
up €308,372, from -€2,811 to €305,561
- Purchases and services -€117,152
no longer reported in 2025 (was €117,152)
- Turnover -€54,750
no longer reported in 2025 (was €54,750)
- Taxes +€46,162
up €46,162 (+33086.6%), from €140 to €46,302
- Other operating charges -€3,519
down €3,519 (-88.4%), from €3,978 to €460
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.
Cash bridge derived
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 | €372,520 | €343,401 | -€29,120 | -7.8% |
| Fixed assets | 21/28 | €367,724 | €257,255 | -€110,469 | -30.0% |
| Tangible fixed assets | 22/27 | €365,696 | €255,227 | -€110,469 | -30.2% |
| Land and buildings | 22 | €361,555 | €199,083 | -€162,472 | -44.9% |
| Furniture and vehicles | 24 | €347 | €53,863 | +€53,516 | +15434.6% |
| Other tangible fixed assets | 26 | €3,795 | €2,281 | -€1,514 | -39.9% |
| Financial fixed assets | 28 | €2,028 | €2,028 | = | 0.0% |
| Current assets | 29/58 | €4,796 | €86,146 | +€81,350 | +1696.3% |
| Amounts receivable within one year | 40/41 | €134 | €46,352 | +€46,217 | +34418.6% |
| Trade receivables | 40 | - | €10,793 | +€10,793 | |
| Other amounts receivable | 41 | €134 | €35,559 | +€35,424 | +26381.0% |
| Cash at bank and in hand | 54/58 | €4,662 | €39,794 | +€35,133 | +753.7% |
| Total equity and liabilities | 10/49 | €372,520 | €343,401 | -€29,120 | -7.8% |
| Equity | 10/15 | €65,591 | €297,099 | +€231,508 | +353.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,140 | €276,648 | +€231,508 | +512.9% |
| Amounts payable | 17/49 | €306,929 | €46,302 | -€260,627 | -84.9% |
| Amounts payable after more than one year | 17 | €19,721 | - | -€19,721 | |
| Financial debts | 170/4 | €19,721 | - | -€19,721 | |
| Amounts payable within one year | 42/48 | €287,209 | €46,302 | -€240,907 | -83.9% |
| Current portion of amounts payable after more than one year | 42 | €20,470 | - | -€20,470 | |
| Financial debts | 43 | €70,633 | - | -€70,633 | |
| Credit institutions | 430/8 | €70,633 | - | -€70,633 | |
| Trade debts | 44 | €615 | - | -€615 | |
| Suppliers | 440/4 | €615 | - | -€615 | |
| Taxes, remuneration and social security | 45 | €1,140 | €46,302 | +€45,162 | +3963.3% |
| Taxes | 450/3 | €140 | €46,302 | +€46,162 | +33086.6% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €194,351 | - | -€194,351 | |
| Turnover | 70 | €54,750 | - | -€54,750 | |
| Non-recurring operating income | 76A | - | €326,918 | +€326,918 | |
| Goods, raw materials, services and sundry goods | 60/61 | €117,152 | - | -€117,152 | |
| Remuneration, social security and pensions | 62 | - | €139 | +€139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,207 | €17,110 | +€903 | +5.6% |
| Other operating charges | 640/8 | €3,978 | €460 | -€3,519 | -88.4% |
| Non-recurring operating charges | 66A | €610 | - | -€610 | |
| Gross operating margin | 9900 | -€2,811 | €305,561 | +€308,372 | |
| Operating profit (loss) | 9901 | -€23,607 | €287,852 | +€311,459 | |
| Financial income | 75/76B | - | €146 | +€146 | |
| Recurring financial income | 75 | - | €146 | +€146 | |
| Financial charges | 65/66B | €8,488 | €10,189 | +€1,701 | +20.0% |
| Recurring financial charges | 65 | €8,488 | €10,189 | +€1,701 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,094 | €277,810 | +€309,904 | |
| Income taxes | 67/77 | €140 | €46,302 | +€46,162 | +33086.6% |
| Profit (loss) for the period | 9904 | -€32,234 | €231,508 | +€263,742 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,234 | €231,508 | +€263,742 |
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 11 October 2026 via checked.be.