CARRAN: 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.
CARRAN
Largest movements
- Receivables within one year -€18,791
down €18,791 (-12.8%), from €146,892 to €128,101
of which Trade receivables: -€17,498
- Current investments +€15,096
up €15,096 (+7.5%), from €202,065 to €217,161
- Cash +€9,150
up €9,150 (+12.6%), from €72,878 to €82,028
mainly Receivables within one year (+€18,791) and Net result for the year (+€13,978)
- Reserves +€13,978
up €13,978 (+15.4%), from €90,630 to €104,608
of which Distributable reserves: +€13,978
- Tax, wage and social debts -€5,435
down €5,435 (-77.3%), from €7,029 to €1,594
- Gross operating margin +€3,552
up €3,552 (+20.4%), from €17,428 to €20,980
- Financial income +€2,697
up €2,697 (+673.2%), from €401 to €3,098
- Other operating charges +€434
up €434 (+38.1%), from €1,138 to €1,572
- Taxes +€227
up €227 (+3.6%), from €6,296 to €6,523
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 | €427,281 | €432,141 | +€4,860 | +1.1% |
| Fixed assets | 21/28 | €5,446 | €3,631 | -€1,815 | -33.3% |
| Tangible fixed assets | 22/27 | €5,446 | €3,631 | -€1,815 | -33.3% |
| Plant, machinery and equipment | 23 | €5,446 | €3,631 | -€1,815 | -33.3% |
| Current assets | 29/58 | €421,835 | €428,511 | +€6,676 | +1.6% |
| Amounts receivable within one year | 40/41 | €146,892 | €128,101 | -€18,791 | -12.8% |
| Trade receivables | 40 | €94,994 | €77,495 | -€17,498 | -18.4% |
| Other amounts receivable | 41 | €51,898 | €50,605 | -€1,293 | -2.5% |
| Current investments | 50/53 | €202,065 | €217,161 | +€15,096 | +7.5% |
| Cash at bank and in hand | 54/58 | €72,878 | €82,028 | +€9,150 | +12.6% |
| Deferred charges and accrued income | 490/1 | - | €1,221 | +€1,221 | |
| Total equity and liabilities | 10/49 | €427,281 | €432,141 | +€4,860 | +1.1% |
| Equity | 10/15 | €394,949 | €408,927 | +€13,978 | +3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €90,630 | €104,608 | +€13,978 | +15.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €84,430 | €98,408 | +€13,978 | +16.6% |
| Profit (loss) carried forward | 14 | €242,319 | €242,319 | = | 0.0% |
| Amounts payable | 17/49 | €32,332 | €23,215 | -€9,117 | -28.2% |
| Amounts payable within one year | 42/48 | €32,332 | €23,215 | -€9,117 | -28.2% |
| Trade debts | 44 | €12,707 | €9,025 | -€3,682 | -29.0% |
| Suppliers | 440/4 | €12,707 | €9,025 | -€3,682 | -29.0% |
| Taxes, remuneration and social security | 45 | €7,029 | €1,594 | -€5,435 | -77.3% |
| Taxes | 450/3 | €7,029 | €1,594 | -€5,435 | -77.3% |
| Other amounts payable | 47/48 | €12,596 | €12,596 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,815 | €1,815 | = | 0.0% |
| Other operating charges | 640/8 | €1,138 | €1,572 | +€434 | +38.1% |
| Gross operating margin | 9900 | €17,428 | €20,980 | +€3,552 | +20.4% |
| Operating profit (loss) | 9901 | €14,475 | €17,593 | +€3,118 | +21.5% |
| Financial income | 75/76B | €401 | €3,098 | +€2,697 | +673.2% |
| Recurring financial income | 75 | €401 | €3,098 | +€2,697 | +673.2% |
| Financial charges | 65/66B | €110 | €190 | +€80 | +72.7% |
| Recurring financial charges | 65 | €110 | €190 | +€80 | +72.7% |
| Profit (loss) for the period before taxes | 9903 | €14,765 | €20,501 | +€5,735 | +38.8% |
| Income taxes | 67/77 | €6,296 | €6,523 | +€227 | +3.6% |
| Profit (loss) for the period | 9904 | €8,469 | €13,978 | +€5,509 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,469 | €13,978 | +€5,509 | +65.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.