CARRELAGE WARNOTTE: 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.
CARRELAGE WARNOTTE
Largest movements
- Tangible fixed assets -€16,292
down €16,292 (-66.4%), from €24,521 to €8,229
of which Furniture and vehicles: -€14,367
- Intangible fixed assets -€11,500
down €11,500 (-21.4%), from €53,667 to €42,167
- Cash +€6,068
up €6,068 (+126%), from €4,810 to €10,878
mainly Depreciation (+€27,792) and Trade debts (+€6,780)
- Receivables within one year -€2,778
down €2,778 (-48.9%), from €5,681 to €2,903
of which Trade receivables: -€4,472
- Profit (loss) carried forward -€14,415
down €14,415, from €2,410 to -€12,006
- Current portion of long-term debt -€7,122
down €7,122 (-57.9%), from €12,311 to €5,189
- Trade debts +€6,780
up €6,780 (+84.8%), from €7,998 to €14,778
- Debts after one year -€5,189
no longer reported in 2025 (was €5,189)
- Other debts -€3,582
down €3,582 (-28.9%), from €12,378 to €8,796
- Gross operating margin -€23,816
down €23,816 (-61.0%), from €39,069 to €15,253
- Taxes -€2,737
down €2,737, from €2,682 to -€55
- Depreciation +€536
up €536 (+2.0%), from €27,256 to €27,792
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 | €90,313 | €65,974 | -€24,340 | -27.0% |
| Fixed assets | 21/28 | €78,188 | €50,396 | -€27,792 | -35.5% |
| Intangible fixed assets | 21 | €53,667 | €42,167 | -€11,500 | -21.4% |
| Tangible fixed assets | 22/27 | €24,521 | €8,229 | -€16,292 | -66.4% |
| Plant, machinery and equipment | 23 | €5,709 | €3,785 | -€1,925 | -33.7% |
| Furniture and vehicles | 24 | €18,812 | €4,444 | -€14,367 | -76.4% |
| Current assets | 29/58 | €12,126 | €15,578 | +€3,452 | +28.5% |
| Amounts receivable within one year | 40/41 | €5,681 | €2,903 | -€2,778 | -48.9% |
| Trade receivables | 40 | €5,297 | €825 | -€4,472 | -84.4% |
| Other amounts receivable | 41 | €385 | €2,078 | +€1,694 | +440% |
| Cash at bank and in hand | 54/58 | €4,810 | €10,878 | +€6,068 | +126% |
| Deferred charges and accrued income | 490/1 | €1,635 | €1,797 | +€162 | +9.9% |
| Total equity and liabilities | 10/49 | €90,313 | €65,974 | -€24,340 | -27.0% |
| Equity | 10/15 | €47,030 | €32,614 | -€14,415 | -30.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,620 | €39,620 | = | 0.0% |
| Distributable reserves | 133 | €39,620 | €39,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,410 | -€12,006 | -€14,415 | |
| Amounts payable | 17/49 | €43,284 | €33,359 | -€9,924 | -22.9% |
| Amounts payable after more than one year | 17 | €5,189 | - | -€5,189 | |
| Financial debts | 170/4 | €5,189 | - | -€5,189 | |
| Amounts payable within one year | 42/48 | €38,070 | €33,359 | -€4,711 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €12,311 | €5,189 | -€7,122 | -57.9% |
| Trade debts | 44 | €7,998 | €14,778 | +€6,780 | +84.8% |
| Suppliers | 440/4 | €7,998 | €14,778 | +€6,780 | +84.8% |
| Taxes, remuneration and social security | 45 | €5,383 | €4,597 | -€786 | -14.6% |
| Taxes | 450/3 | €5,383 | €4,597 | -€786 | -14.6% |
| Other amounts payable | 47/48 | €12,378 | €8,796 | -€3,582 | -28.9% |
| Accrued charges and deferred income | 492/3 | €25 | €0 | -€25 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,256 | €27,792 | +€536 | +2.0% |
| Other operating charges | 640/8 | €1,551 | €1,375 | -€176 | -11.4% |
| Gross operating margin | 9900 | €39,069 | €15,253 | -€23,816 | -61.0% |
| Operating profit (loss) | 9901 | €10,262 | -€13,914 | -€24,176 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.4% |
| Financial charges | 65/66B | €702 | €556 | -€145 | -20.7% |
| Recurring financial charges | 65 | €702 | €556 | -€145 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €9,561 | -€14,470 | -€24,031 | |
| Income taxes | 67/77 | €2,682 | -€55 | -€2,737 | |
| Profit (loss) for the period | 9904 | €6,879 | -€14,415 | -€21,294 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,879 | -€14,415 | -€21,294 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.