Carpet St. - Georges: 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.
Carpet St. - Georges
Largest movements
- Cash -€24,517
down €24,517 (-10.0%), from €245,233 to €220,716
mainly Contributions, distributions and other (-€90,000) and Investment in fixed assets (net) (-€52,471)
- Receivables within one year +€21,089
up €21,089 (+12.0%), from €176,353 to €197,441
of which Trade receivables: +€28,842
- Financial fixed assets +€6,275
up €6,275 (+2,789%), from €225 to €6,500
- Other debts +€10,000
up €10,000 (+12.5%), from €80,000 to €90,000
- Trade debts -€8,778
down €8,778 (-8.8%), from €99,212 to €90,434
- Staff costs -€21,100
down €21,100 (-10.1%), from €209,447 to €188,348
- Gross operating margin -€4,341
down €4,341 (-1.3%), from €344,279 to €339,939
- Depreciation +€4,240
up €4,240 (+9.9%), from €43,024 to €47,264
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 | €497,770 | €499,297 | +€1,527 | +0.3% |
| Fixed assets | 21/28 | €73,881 | €79,089 | +€5,207 | +7.0% |
| Tangible fixed assets | 22/27 | €73,656 | €72,589 | -€1,068 | -1.4% |
| Plant, machinery and equipment | 23 | €8,758 | €6,358 | -€2,400 | -27.4% |
| Furniture and vehicles | 24 | €16,968 | €9,985 | -€6,984 | -41.2% |
| Other tangible fixed assets | 26 | €47,930 | €56,246 | +€8,316 | +17.3% |
| Financial fixed assets | 28 | €225 | €6,500 | +€6,275 | +2,789% |
| Current assets | 29/58 | €423,889 | €420,209 | -€3,680 | -0.9% |
| Amounts receivable within one year | 40/41 | €176,353 | €197,441 | +€21,089 | +12.0% |
| Trade receivables | 40 | €158,954 | €187,795 | +€28,842 | +18.1% |
| Other amounts receivable | 41 | €17,399 | €9,646 | -€7,753 | -44.6% |
| Cash at bank and in hand | 54/58 | €245,233 | €220,716 | -€24,517 | -10.0% |
| Deferred charges and accrued income | 490/1 | €2,303 | €2,052 | -€251 | -10.9% |
| Total equity and liabilities | 10/49 | €497,770 | €499,297 | +€1,527 | +0.3% |
| Equity | 10/15 | €280,728 | €282,615 | +€1,888 | +0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €178,592 | €178,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Distributable reserves | 133 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,636 | €42,523 | +€1,888 | +4.6% |
| Amounts payable | 17/49 | €217,042 | €216,682 | -€360 | -0.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €217,042 | €216,682 | -€360 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €4,389 | €0 | -€4,389 | -100% |
| Trade debts | 44 | €99,212 | €90,434 | -€8,778 | -8.8% |
| Suppliers | 440/4 | €99,212 | €90,434 | -€8,778 | -8.8% |
| Taxes, remuneration and social security | 45 | €33,441 | €36,248 | +€2,807 | +8.4% |
| Taxes | 450/3 | €7,431 | €8,879 | +€1,448 | +19.5% |
| Remuneration and social security | 454/9 | €26,010 | €27,369 | +€1,359 | +5.2% |
| Other amounts payable | 47/48 | €80,000 | €90,000 | +€10,000 | +12.5% |
| Remuneration, social security and pensions | 62 | €209,447 | €188,348 | -€21,100 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,024 | €47,264 | +€4,240 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €752 | €237 | -€515 | -68.5% |
| Other operating charges | 640/8 | €9,517 | €9,721 | +€204 | +2.1% |
| Gross operating margin | 9900 | €344,279 | €339,939 | -€4,341 | -1.3% |
| Operating profit (loss) | 9901 | €81,540 | €94,370 | +€12,830 | +15.7% |
| Financial income | 75/76B | €482 | €510 | +€29 | +5.9% |
| Recurring financial income | 75 | €482 | €510 | +€29 | +5.9% |
| Financial charges | 65/66B | €1,069 | €1,271 | +€203 | +19.0% |
| Recurring financial charges | 65 | €1,069 | €1,271 | +€203 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €80,953 | €93,609 | +€12,656 | +15.6% |
| Income taxes | 67/77 | €941 | €1,721 | +€781 | +83.0% |
| Profit (loss) for the period | 9904 | €80,012 | €91,888 | +€11,875 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,012 | €91,888 | +€11,875 | +14.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.