CARPENTIER CONSTRUCT: 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.
CARPENTIER CONSTRUCT
Largest movements
- Stocks and contracts +€123,468
up €123,468 (+114.9%), from €107,500 to €230,968
of which Stocks: +€78,135
- Cash -€80,212
down €80,212 (-38.0%), from €210,895 to €130,682
mainly Stocks and contracts (-€123,468) and Debts after one year (-€56,909)
- Tangible fixed assets -€33,057
down €33,057 (-4.6%), from €714,855 to €681,798
of which Land and buildings: -€23,162
- Debts after one year -€56,909
down €56,909 (-9.9%), from €576,962 to €520,053
- Trade debts +€49,108
up €49,108 (+207.8%), from €23,630 to €72,738
- Reserves +€31,000
up €31,000 (+6.7%), from €461,910 to €492,910
of which Distributable reserves: +€31,000
- Other debts -€14,659
down €14,659 (-85.5%), from €17,149 to €2,490
- Gross operating margin -€45,950
down €45,950 (-27.0%), from €170,092 to €124,142
- Staff costs -€14,221
down €14,221 (-91.9%), from €15,472 to €1,250
- Depreciation -€8,452
down €8,452 (-12.1%), from €69,609 to €61,158
- Taxes -€6,573
down €6,573 (-44.4%), from €14,817 to €8,243
- Other operating charges +€2,568
up €2,568 (+43.9%), from €5,849 to €8,418
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 | €1,158,470 | €1,166,435 | +€7,965 | +0.7% |
| Fixed assets | 21/28 | €714,991 | €681,934 | -€33,057 | -4.6% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €714,855 | €681,798 | -€33,057 | -4.6% |
| Land and buildings | 22 | €530,750 | €507,588 | -€23,162 | -4.4% |
| Plant, machinery and equipment | 23 | €2,821 | €2,007 | -€814 | -28.9% |
| Furniture and vehicles | 24 | €24,865 | €11,331 | -€13,534 | -54.4% |
| Other tangible fixed assets | 26 | €156,419 | €160,872 | +€4,453 | +2.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €443,479 | €484,501 | +€41,022 | +9.2% |
| Amounts receivable after more than one year | 29 | €70,000 | €70,000 | = | 0.0% |
| Other amounts receivable | 291 | €70,000 | €70,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €107,500 | €230,968 | +€123,468 | +114.9% |
| Stocks | 30/36 | €89,500 | €167,635 | +€78,135 | +87.3% |
| Contracts in progress | 37 | €18,000 | €63,333 | +€45,333 | +251.9% |
| Amounts receivable within one year | 40/41 | €49,041 | €47,338 | -€1,702 | -3.5% |
| Trade receivables | 40 | €41,828 | €45,358 | +€3,529 | +8.4% |
| Other amounts receivable | 41 | €7,213 | €1,981 | -€5,232 | -72.5% |
| Cash at bank and in hand | 54/58 | €210,895 | €130,682 | -€80,212 | -38.0% |
| Deferred charges and accrued income | 490/1 | €6,044 | €5,512 | -€531 | -8.8% |
| Total equity and liabilities | 10/49 | €1,158,470 | €1,166,435 | +€7,965 | +0.7% |
| Equity | 10/15 | €481,049 | €512,002 | +€30,952 | +6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €461,910 | €492,910 | +€31,000 | +6.7% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €440,860 | €471,860 | +€31,000 | +7.0% |
| Profit (loss) carried forward | 14 | €539 | €492 | -€48 | -8.8% |
| Amounts payable | 17/49 | €677,420 | €654,433 | -€22,987 | -3.4% |
| Amounts payable after more than one year | 17 | €576,962 | €520,053 | -€56,909 | -9.9% |
| Financial debts | 170/4 | €576,962 | €520,053 | -€56,909 | -9.9% |
| Amounts payable within one year | 42/48 | €100,458 | €134,330 | +€33,872 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €57,736 | €56,909 | -€828 | -1.4% |
| Trade debts | 44 | €23,630 | €72,738 | +€49,108 | +207.8% |
| Suppliers | 440/4 | €23,630 | €72,738 | +€49,108 | +207.8% |
| Taxes, remuneration and social security | 45 | €1,942 | €2,193 | +€251 | +12.9% |
| Taxes | 450/3 | €1,942 | €1,821 | -€122 | -6.3% |
| Remuneration and social security | 454/9 | - | €373 | +€373 | |
| Other amounts payable | 47/48 | €17,149 | €2,490 | -€14,659 | -85.5% |
| Accrued charges and deferred income | 492/3 | - | €49 | +€49 | |
| Remuneration, social security and pensions | 62 | €15,472 | €1,250 | -€14,221 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,609 | €61,158 | -€8,452 | -12.1% |
| Other operating charges | 640/8 | €5,849 | €8,418 | +€2,568 | +43.9% |
| Gross operating margin | 9900 | €170,092 | €124,142 | -€45,950 | -27.0% |
| Operating profit (loss) | 9901 | €79,161 | €53,317 | -€25,845 | -32.6% |
| Financial income | 75/76B | €3,131 | €2,195 | -€936 | -29.9% |
| Recurring financial income | 75 | €3,131 | €2,195 | -€936 | -29.9% |
| Financial charges | 65/66B | €18,021 | €16,316 | -€1,705 | -9.5% |
| Recurring financial charges | 65 | €18,021 | €16,316 | -€1,705 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €64,272 | €39,196 | -€25,076 | -39.0% |
| Income taxes | 67/77 | €14,817 | €8,243 | -€6,573 | -44.4% |
| Profit (loss) for the period | 9904 | €49,455 | €30,952 | -€18,503 | -37.4% |
| Transfer to tax-exempt reserves | 689 | €21,050 | - | -€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,405 | €30,952 | +€2,547 | +9.0% |
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 11 October 2026 via checked.be.