CARRO TIM: 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 TIM
Largest movements
- Cash -€34,498
down €34,498 (-52.2%), from €66,109 to €31,611
mainly Receivables within one year (-€22,981) and Other debts (-€22,892)
- Receivables within one year +€22,981
up €22,981 (+64.1%), from €35,877 to €58,858
of which Trade receivables: +€19,536
- Tangible fixed assets +€17,765
new in 2025: €17,765
- Other debts -€22,892
down €22,892 (-100%), from €22,892 to €0
- Debts after one year +€11,454
new in 2025: €11,454
- Profit (loss) carried forward +€8,059
up €8,059 (+17.3%), from €46,571 to €54,630
- Current portion of long-term debt +€6,459
new in 2025: €6,459
- Trade debts +€2,509
up €2,509 (+10.8%), from €23,331 to €25,840
- Gross operating margin -€6,919
down €6,919 (-28.6%), from €24,206 to €17,287
- Other operating charges +€1,384
up €1,384 (+399%), from €347 to €1,731
- Taxes -€1,252
down €1,252 (-23.4%), from €5,339 to €4,087
- Depreciation -€669
down €669 (-18.9%), from €3,534 to €2,865
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 | €103,133 | €108,960 | +€5,827 | +5.7% |
| Fixed assets | 21/28 | - | €17,765 | +€17,765 | |
| Tangible fixed assets | 22/27 | - | €17,765 | +€17,765 | |
| Furniture and vehicles | 24 | - | €17,765 | +€17,765 | |
| Current assets | 29/58 | €103,133 | €91,195 | -€11,938 | -11.6% |
| Amounts receivable within one year | 40/41 | €35,877 | €58,858 | +€22,981 | +64.1% |
| Trade receivables | 40 | €35,634 | €55,170 | +€19,536 | +54.8% |
| Other amounts receivable | 41 | €243 | €3,688 | +€3,445 | +1,418% |
| Cash at bank and in hand | 54/58 | €66,109 | €31,611 | -€34,498 | -52.2% |
| Deferred charges and accrued income | 490/1 | €1,147 | €726 | -€421 | -36.7% |
| Total equity and liabilities | 10/49 | €103,133 | €108,960 | +€5,827 | +5.7% |
| Equity | 10/15 | €51,571 | €59,630 | +€8,059 | +15.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,571 | €54,630 | +€8,059 | +17.3% |
| Amounts payable | 17/49 | €51,562 | €49,330 | -€2,232 | -4.3% |
| Amounts payable after more than one year | 17 | - | €11,454 | +€11,454 | |
| Financial debts | 170/4 | - | €11,454 | +€11,454 | |
| Amounts payable within one year | 42/48 | €51,562 | €37,876 | -€13,686 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,459 | +€6,459 | |
| Trade debts | 44 | €23,331 | €25,840 | +€2,509 | +10.8% |
| Suppliers | 440/4 | €23,331 | €25,840 | +€2,509 | +10.8% |
| Advances received on contracts in progress | 46 | - | €1,850 | +€1,850 | |
| Taxes, remuneration and social security | 45 | €5,339 | €3,727 | -€1,612 | -30.2% |
| Taxes | 450/3 | €5,339 | €3,727 | -€1,612 | -30.2% |
| Other amounts payable | 47/48 | €22,892 | €0 | -€22,892 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,534 | €2,865 | -€669 | -18.9% |
| Other operating charges | 640/8 | €347 | €1,731 | +€1,384 | +399% |
| Gross operating margin | 9900 | €24,206 | €17,287 | -€6,919 | -28.6% |
| Operating profit (loss) | 9901 | €20,325 | €12,691 | -€7,634 | -37.6% |
| Financial income | 75/76B | €21 | €100 | +€79 | +376% |
| Recurring financial income | 75 | €21 | €100 | +€79 | +376% |
| Financial charges | 65/66B | €802 | €645 | -€157 | -19.6% |
| Recurring financial charges | 65 | €802 | €645 | -€157 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €19,544 | €12,146 | -€7,398 | -37.9% |
| Income taxes | 67/77 | €5,339 | €4,087 | -€1,252 | -23.4% |
| Profit (loss) for the period | 9904 | €14,205 | €8,059 | -€6,146 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,205 | €8,059 | -€6,146 | -43.3% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.