Carro-Trans: 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-Trans
Largest movements
- Cash -€323,959
down €323,959 (-93.6%), from €346,170 to €22,212
mainly Other debts (-€275,000) and Investment in fixed assets (net) (-€181,695)
- Tangible fixed assets -€68,328
down €68,328 (-10.1%), from €678,786 to €610,459
of which Leasing and similar rights: -€131,050
- Receivables within one year -€61,814
down €61,814 (-7.0%), from €888,432 to €826,618
of which Other amounts receivable: -€53,480
- Deferred charges and accrued income +€21,746
up €21,746 (+76.2%), from €28,525 to €50,271
- Other debts -€275,000
down €275,000 (-100%), from €275,000 to €0
- Reserves -€100,779
down €100,779 (-17.2%), from €586,969 to €486,189
of which Distributable reserves: -€76,825
- Debts after one year -€40,277
down €40,277 (-8.6%), from €471,009 to €430,732
- Current portion of long-term debt -€34,553
down €34,553 (-12.1%), from €284,643 to €250,090
- Trade debts +€31,425
up €31,425 (+24.3%), from €129,085 to €160,509
- Gross operating margin -€325,660
down €325,660 (-19.2%), from €1.7m to €1.4m
- Taxes -€101,028
down €101,028 (-93.8%), from €107,752 to €6,724
- Financial charges +€96,165
up €96,165 (+222%), from €43,382 to €139,547
- Write-downs +€36,838
up €36,838 (+189%), from €19,467 to €56,305
- Staff costs +€29,433
up €29,433 (+3.1%), from €961,509 to €990,941
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 | €1,955,511 | €1,521,006 | -€434,506 | -22.2% |
| Fixed assets | 21/28 | €678,786 | €610,459 | -€68,328 | -10.1% |
| Tangible fixed assets | 22/27 | €678,786 | €610,459 | -€68,328 | -10.1% |
| Furniture and vehicles | 24 | €279,103 | €341,825 | +€62,722 | +22.5% |
| Leasing and similar rights | 25 | €399,684 | €268,634 | -€131,050 | -32.8% |
| Current assets | 29/58 | €1,276,725 | €910,547 | -€366,178 | -28.7% |
| Stocks and contracts in progress | 3 | €13,598 | €11,446 | -€2,151 | -15.8% |
| Stocks | 30/36 | €13,598 | €11,446 | -€2,151 | -15.8% |
| Amounts receivable within one year | 40/41 | €888,432 | €826,618 | -€61,814 | -7.0% |
| Trade receivables | 40 | €709,605 | €701,270 | -€8,334 | -1.2% |
| Other amounts receivable | 41 | €178,828 | €125,348 | -€53,480 | -29.9% |
| Cash at bank and in hand | 54/58 | €346,170 | €22,212 | -€323,959 | -93.6% |
| Deferred charges and accrued income | 490/1 | €28,525 | €50,271 | +€21,746 | +76.2% |
| Total equity and liabilities | 10/49 | €1,955,511 | €1,521,006 | -€434,506 | -22.2% |
| Equity | 10/15 | €605,569 | €504,789 | -€100,779 | -16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €586,969 | €486,189 | -€100,779 | -17.2% |
| Tax-exempt reserves | 132 | €65,103 | €41,149 | -€23,954 | -36.8% |
| Distributable reserves | 133 | €521,866 | €445,041 | -€76,825 | -14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €21,701 | €13,716 | -€7,985 | -36.8% |
| Deferred taxes | 168 | €21,701 | €13,716 | -€7,985 | -36.8% |
| Amounts payable | 17/49 | €1,328,242 | €1,002,500 | -€325,742 | -24.5% |
| Amounts payable after more than one year | 17 | €471,009 | €430,732 | -€40,277 | -8.6% |
| Financial debts | 170/4 | €471,009 | €430,732 | -€40,277 | -8.6% |
| Amounts payable within one year | 42/48 | €857,232 | €571,768 | -€285,465 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €284,643 | €250,090 | -€34,553 | -12.1% |
| Financial debts | 43 | €25,362 | €0 | -€25,362 | -100% |
| Credit institutions | 430/8 | €25,362 | €0 | -€25,362 | -100% |
| Trade debts | 44 | €129,085 | €160,509 | +€31,425 | +24.3% |
| Suppliers | 440/4 | €129,085 | €160,509 | +€31,425 | +24.3% |
| Taxes, remuneration and social security | 45 | €143,143 | €161,168 | +€18,025 | +12.6% |
| Taxes | 450/3 | €34,652 | €43,486 | +€8,835 | +25.5% |
| Remuneration and social security | 454/9 | €108,491 | €117,682 | +€9,191 | +8.5% |
| Other amounts payable | 47/48 | €275,000 | €0 | -€275,000 | -100% |
| Non-recurring operating income | 76A | €396 | €7,000 | +€6,604 | +1,667% |
| Remuneration, social security and pensions | 62 | €961,509 | €990,941 | +€29,433 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,952 | €250,023 | +€21,071 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,467 | €56,305 | +€36,838 | +189% |
| Other operating charges | 640/8 | €20,091 | €28,445 | +€8,354 | +41.6% |
| Non-recurring operating charges | 66A | €31,128 | €6,309 | -€24,819 | -79.7% |
| Gross operating margin | 9900 | €1,694,331 | €1,368,671 | -€325,660 | -19.2% |
| Operating profit (loss) | 9901 | €433,185 | €36,648 | -€396,537 | -91.5% |
| Financial income | 75/76B | €2,353 | €859 | -€1,494 | -63.5% |
| Recurring financial income | 75 | €2,353 | €859 | -€1,494 | -63.5% |
| Financial charges | 65/66B | €43,382 | €139,547 | +€96,165 | +222% |
| Recurring financial charges | 65 | €43,382 | €139,547 | +€96,165 | +222% |
| Profit (loss) for the period before taxes | 9903 | €392,156 | -€102,040 | -€494,196 | |
| Transfer from deferred taxes | 780 | €7,985 | €7,985 | = | 0.0% |
| Income taxes | 67/77 | €107,752 | €6,724 | -€101,028 | -93.8% |
| Profit (loss) for the period | 9904 | €292,389 | -€100,779 | -€393,168 | |
| Transfer from tax-exempt reserves | 789 | €23,954 | €23,954 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €316,343 | -€76,825 | -€393,168 |
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 20 October 2026 via checked.be.