Carpp Construction: what changed
Two fiscal 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.
Carpp Construction
Largest movements
- Receivables within one year -€37,957
down €37,957 (-41.9%), from €90,526 to €52,569
of which Trade receivables: -€41,410
- Tangible fixed assets +€29,501
up €29,501 (+16546.9%), from €178 to €29,680
- Cash -€8,811
down €8,811 (-35.3%), from €24,937 to €16,127
mainly Trade debts (-€38,163) and Investment in fixed assets (net) (-€36,529)
- Trade debts -€38,163
down €38,163 (-47.8%), from €79,822 to €41,659
- Debts after one year +€13,765
new in 2025: €13,765
- Current portion of long-term debt +€9,867
new in 2025: €9,867
- Profit (loss) carried forward -€5,684
down €5,684 (-42.0%), from €13,548 to €7,864
- Tax, wage and social debts +€2,949
up €2,949 (+68.6%), from €4,300 to €7,249
- Gross operating margin -€18,707
down €18,707 (-69.5%), from €26,936 to €8,228
- Depreciation +€6,760
up €6,760 (+2524.9%), from €268 to €7,027
- Other operating charges +€3,079
up €3,079 (+779.0%), from €395 to €3,474
- Taxes -€2,478
down €2,478 (-57.6%), from €4,301 to €1,823
- Financial charges +€786
up €786 (+98.0%), from €802 to €1,588
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 | €115,669 | €98,403 | -€17,267 | -14.9% |
| Fixed assets | 21/28 | €206 | €29,708 | +€29,501 | +14301.0% |
| Tangible fixed assets | 22/27 | €178 | €29,680 | +€29,501 | +16546.9% |
| Furniture and vehicles | 24 | €178 | €29,680 | +€29,501 | +16546.9% |
| Financial fixed assets | 28 | €28 | €28 | = | 0.0% |
| Current assets | 29/58 | €115,463 | €68,695 | -€46,768 | -40.5% |
| Amounts receivable within one year | 40/41 | €90,526 | €52,569 | -€37,957 | -41.9% |
| Trade receivables | 40 | €79,341 | €37,931 | -€41,410 | -52.2% |
| Other amounts receivable | 41 | €11,185 | €14,638 | +€3,453 | +30.9% |
| Cash at bank and in hand | 54/58 | €24,937 | €16,127 | -€8,811 | -35.3% |
| Total equity and liabilities | 10/49 | €115,669 | €98,403 | -€17,267 | -14.9% |
| Equity | 10/15 | €31,548 | €25,864 | -€5,684 | -18.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,548 | €7,864 | -€5,684 | -42.0% |
| Amounts payable | 17/49 | €84,122 | €72,539 | -€11,582 | -13.8% |
| Amounts payable after more than one year | 17 | - | €13,765 | +€13,765 | |
| Financial debts | 170/4 | - | €13,765 | +€13,765 | |
| Amounts payable within one year | 42/48 | €84,122 | €58,774 | -€25,347 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,867 | +€9,867 | |
| Trade debts | 44 | €79,822 | €41,659 | -€38,163 | -47.8% |
| Suppliers | 440/4 | €79,822 | €41,659 | -€38,163 | -47.8% |
| Taxes, remuneration and social security | 45 | €4,300 | €7,249 | +€2,949 | +68.6% |
| Taxes | 450/3 | €4,300 | €7,249 | +€2,949 | +68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €7,027 | +€6,760 | +2524.9% |
| Other operating charges | 640/8 | €395 | €3,474 | +€3,079 | +779.0% |
| Gross operating margin | 9900 | €26,936 | €8,228 | -€18,707 | -69.5% |
| Operating profit (loss) | 9901 | €26,273 | -€2,273 | -€28,546 | |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €802 | €1,588 | +€786 | +98.0% |
| Recurring financial charges | 65 | €802 | €1,588 | +€786 | +98.0% |
| Profit (loss) for the period before taxes | 9903 | €25,487 | -€3,861 | -€29,348 | |
| Income taxes | 67/77 | €4,301 | €1,823 | -€2,478 | -57.6% |
| Profit (loss) for the period | 9904 | €21,186 | -€5,684 | -€26,870 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,186 | -€5,684 | -€26,870 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.