Carrefour: 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.
Carrefour
Largest movements
- Receivables within one year +€102,950
up €102,950 (+27.7%), from €371,678 to €474,628
of which Other amounts receivable: +€79,884
- Tangible fixed assets -€22,089
down €22,089 (-31.1%), from €71,056 to €48,966
of which Furniture and vehicles: -€22,212
- Cash +€7,974
up €7,974 (+28.6%), from €27,852 to €35,826
mainly Debts within one year (+€106,327) and Depreciation (+€35,030)
- Debts within one year +€106,327
up €106,327 (+23.6%), from €449,920 to €556,247
of which Tax, wage and social debts: +€79,476
- Accrued charges and deferred income -€11,357
down €11,357 (-82.2%), from €13,811 to €2,455
- Investment grants -€7,132
down €7,132 (-52.6%), from €13,562 to €6,430
- Gross operating margin +€44,133
up €44,133 (+3.9%), from €1.1m to €1.2m
- Staff costs +€34,323
up €34,323 (+3.1%), from €1.1m to €1.1m
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 | €487,834 | €576,433 | +€88,599 | +18.2% |
| Fixed assets | 21/28 | €75,205 | €51,713 | -€23,492 | -31.2% |
| Tangible fixed assets | 22/27 | €71,056 | €48,966 | -€22,089 | -31.1% |
| Plant, machinery and equipment | 23 | €1,063 | €453 | -€610 | -57.4% |
| Furniture and vehicles | 24 | €40,956 | €18,745 | -€22,212 | -54.2% |
| Other tangible fixed assets | 26 | €29,036 | €29,768 | +€732 | +2.5% |
| Financial fixed assets | 28 | €4,149 | €2,747 | -€1,403 | -33.8% |
| Current assets | 29/58 | €412,629 | €524,720 | +€112,091 | +27.2% |
| Amounts receivable within one year | 40/41 | €371,678 | €474,628 | +€102,950 | +27.7% |
| Trade receivables | 40 | €2,162 | €25,227 | +€23,065 | +1066.7% |
| Other amounts receivable | 41 | €369,516 | €449,400 | +€79,884 | +21.6% |
| Cash at bank and in hand | 54/58 | €27,852 | €35,826 | +€7,974 | +28.6% |
| Deferred charges and accrued income | 490/1 | €13,099 | €14,266 | +€1,168 | +8.9% |
| Total equity and liabilities | 10/49 | €487,834 | €576,433 | +€88,599 | +18.2% |
| Equity | 10/15 | €24,103 | €17,731 | -€6,372 | -26.4% |
| Reserves | 13 | €10,143 | €10,903 | +€760 | +7.5% |
| Profit (loss) carried forward | 14 | €398 | €398 | = | 0.0% |
| Investment grants | 15 | €13,562 | €6,430 | -€7,132 | -52.6% |
| Amounts payable | 17/49 | €463,731 | €558,701 | +€94,970 | +20.5% |
| Amounts payable within one year | 42/48 | €449,920 | €556,247 | +€106,327 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | - | €33,465 | +€33,465 | |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €24,936 | €23,223 | -€1,713 | -6.9% |
| Suppliers | 440/4 | €24,936 | €23,223 | -€1,713 | -6.9% |
| Advances received on contracts in progress | 46 | €344 | - | -€344 | |
| Taxes, remuneration and social security | 45 | €179,272 | €258,747 | +€79,476 | +44.3% |
| Taxes | 450/3 | €8,270 | €17,195 | +€8,925 | +107.9% |
| Remuneration and social security | 454/9 | €171,002 | €241,553 | +€70,551 | +41.3% |
| Accrued charges and deferred income | 492/3 | €13,811 | €2,455 | -€11,357 | -82.2% |
| Remuneration, social security and pensions | 62 | €1,109,203 | €1,143,525 | +€34,323 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,859 | €35,030 | -€6,829 | -16.3% |
| Other operating charges | 640/8 | €1,149 | €2,126 | +€978 | +85.1% |
| Gross operating margin | 9900 | €1,146,231 | €1,190,364 | +€44,133 | +3.9% |
| Operating profit (loss) | 9901 | -€5,980 | €9,682 | +€15,662 | |
| Financial income | 75/76B | €31 | €19 | -€12 | -39.1% |
| Recurring financial income | 75 | €31 | €19 | -€12 | -39.1% |
| Financial charges | 65/66B | €3,801 | €8,942 | +€5,140 | +135.2% |
| Recurring financial charges | 65 | €3,801 | €8,942 | +€5,140 | +135.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,750 | €760 | +€10,510 | |
| Profit (loss) for the period | 9904 | -€9,750 | €760 | +€10,510 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,750 | €760 | +€10,510 |
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 6 October 2026 via checked.be.