CARRO STYLE: 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.
CARRO STYLE
Largest movements
- Receivables within one year +€51,301
up €51,301 (+46.4%), from €110,452 to €161,753
of which Other amounts receivable: +€52,912
- Deferred charges and accrued income +€18,270
new in 2023: €18,270
- Tangible fixed assets -€5,859
down €5,859 (-37.2%), from €15,751 to €9,892
of which Leasing and similar rights: -€4,765
- Profit (loss) carried forward +€88,040
up €88,040 (+136.0%), from €64,732 to €152,773
- Trade debts -€35,528
no longer reported in 2023 (was €35,528)
- Tax, wage and social debts +€10,731
up €10,731 (+168.1%), from €6,384 to €17,115
of which Taxes: +€9,109
- Debts after one year -€3,788
down €3,788 (-28.1%), from €13,469 to €9,681
- Current portion of long-term debt +€3,137
new in 2023: €3,137
- Purchases and services -€154,439
down €154,439 (-51.1%), from €302,015 to €147,576
- Turnover -€95,981
down €95,981 (-26.4%), from €363,046 to €267,065
- Gross operating margin +€57,803
up €57,803 (+94.7%), from €61,031 to €118,834
- Staff costs +€6,535
up €6,535 (+71.0%), from €9,208 to €15,743
- Taxes +€6,050
up €6,050 (+110.5%), from €5,476 to €11,526
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,613 | €201,205 | +€62,592 | +45.2% |
| Fixed assets | 21/28 | €19,051 | €13,192 | -€5,859 | -30.8% |
| Tangible fixed assets | 22/27 | €15,751 | €9,892 | -€5,859 | -37.2% |
| Furniture and vehicles | 24 | €1,456 | €362 | -€1,094 | -75.1% |
| Leasing and similar rights | 25 | €14,294 | €9,530 | -€4,765 | -33.3% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €119,563 | €188,013 | +€68,451 | +57.3% |
| Amounts receivable within one year | 40/41 | €110,452 | €161,753 | +€51,301 | +46.4% |
| Trade receivables | 40 | €46,486 | €44,875 | -€1,611 | -3.5% |
| Other amounts receivable | 41 | €63,966 | €116,878 | +€52,912 | +82.7% |
| Cash at bank and in hand | 54/58 | €9,111 | €7,990 | -€1,121 | -12.3% |
| Deferred charges and accrued income | 490/1 | - | €18,270 | +€18,270 | |
| Total equity and liabilities | 10/49 | €138,613 | €201,205 | +€62,592 | +45.2% |
| Equity | 10/15 | €83,232 | €171,273 | +€88,040 | +105.8% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Capital | 10 | €18,500 | €18,500 | = | 0.0% |
| Issued capital | 100 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,732 | €152,773 | +€88,040 | +136.0% |
| Amounts payable | 17/49 | €55,381 | €29,933 | -€25,448 | -46.0% |
| Amounts payable after more than one year | 17 | €13,469 | €9,681 | -€3,788 | -28.1% |
| Financial debts | 170/4 | €13,469 | €9,681 | -€3,788 | -28.1% |
| Amounts payable within one year | 42/48 | €41,912 | €20,252 | -€21,660 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,137 | +€3,137 | |
| Trade debts | 44 | €35,528 | - | -€35,528 | |
| Suppliers | 440/4 | €35,528 | - | -€35,528 | |
| Taxes, remuneration and social security | 45 | €6,384 | €17,115 | +€10,731 | +168.1% |
| Taxes | 450/3 | €5,327 | €14,435 | +€9,109 | +171.0% |
| Remuneration and social security | 454/9 | €1,058 | €2,680 | +€1,622 | +153.4% |
| Turnover | 70 | €363,046 | €267,065 | -€95,981 | -26.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €302,015 | €147,576 | -€154,439 | -51.1% |
| Remuneration, social security and pensions | 62 | €9,208 | €15,743 | +€6,535 | +71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,494 | €5,859 | -€635 | -9.8% |
| Other operating charges | 640/8 | €586 | - | -€586 | |
| Gross operating margin | 9900 | €61,031 | €118,834 | +€57,803 | +94.7% |
| Operating profit (loss) | 9901 | €44,743 | €97,232 | +€52,489 | +117.3% |
| Financial income | 75/76B | €1,343 | €3,290 | +€1,947 | +144.9% |
| Recurring financial income | 75 | €1,343 | €3,290 | +€1,947 | +144.9% |
| Financial charges | 65/66B | €743 | €955 | +€213 | +28.6% |
| Recurring financial charges | 65 | €743 | €955 | +€213 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €45,344 | €99,567 | +€54,223 | +119.6% |
| Income taxes | 67/77 | €5,476 | €11,526 | +€6,050 | +110.5% |
| Profit (loss) for the period | 9904 | €39,868 | €88,040 | +€48,173 | +120.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,868 | €88,040 | +€48,173 | +120.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.