CARROL: 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.
CARROL
Largest movements
- Tangible fixed assets -€6,035
down €6,035 (-8.7%), from €69,656 to €63,621
of which Plant, machinery and equipment: -€37,857
- Other debts -€16,761
down €16,761 (-63.7%), from €26,304 to €9,543
- Reserves +€10,553
up €10,553 (+567.6%), from €1,859 to €12,412
of which Distributable reserves: +€12,412
- Short-term financial debts -€6,236
down €6,236 (-100.0%), from €6,236 to €0
- Tax, wage and social debts +€3,579
up €3,579 (+96.3%), from €3,716 to €7,296
- Trade debts +€3,184
up €3,184 (+2207.9%), from €144 to €3,328
- Gross operating margin +€9,925
up €9,925 (+49.3%), from €20,150 to €30,074
- Taxes +€3,819
up €3,819 (+263.3%), from €1,451 to €5,270
- Other operating charges +€1,500
up €1,500 (+107.9%), from €1,390 to €2,890
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 | €72,028 | €66,347 | -€5,680 | -7.9% |
| Fixed assets | 21/28 | €69,656 | €63,621 | -€6,035 | -8.7% |
| Tangible fixed assets | 22/27 | €69,656 | €63,621 | -€6,035 | -8.7% |
| Land and buildings | 22 | €28,571 | €61,500 | +€32,929 | +115.3% |
| Plant, machinery and equipment | 23 | €37,857 | - | -€37,857 | |
| Furniture and vehicles | 24 | €3,228 | €2,120 | -€1,107 | -34.3% |
| Current assets | 29/58 | €2,372 | €2,726 | +€355 | +15.0% |
| Amounts receivable within one year | 40/41 | €2,372 | €2,591 | +€220 | +9.3% |
| Trade receivables | 40 | €2,372 | €2,591 | +€220 | +9.3% |
| Cash at bank and in hand | 54/58 | - | €135 | +€135 | |
| Total equity and liabilities | 10/49 | €72,028 | €66,347 | -€5,680 | -7.9% |
| Equity | 10/15 | €35,627 | €46,180 | +€10,553 | +29.6% |
| Contributions | 10/11 | €6,396 | €6,396 | = | 0.0% |
| Outside capital | 11 | €6,396 | - | -€6,396 | |
| Other | 1109/19 | €6,396 | - | -€6,396 | |
| Reserves | 13 | €1,859 | €12,412 | +€10,553 | +567.6% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €12,412 | +€12,412 | |
| Profit (loss) carried forward | 14 | €27,372 | €27,372 | = | 0.0% |
| Amounts payable | 17/49 | €36,400 | €20,167 | -€16,233 | -44.6% |
| Amounts payable within one year | 42/48 | €36,400 | €20,167 | -€16,233 | -44.6% |
| Financial debts | 43 | €6,236 | €0 | -€6,236 | -100.0% |
| Credit institutions | 430/8 | €6,236 | €0 | -€6,236 | -100.0% |
| Trade debts | 44 | €144 | €3,328 | +€3,184 | +2207.9% |
| Suppliers | 440/4 | €144 | €3,328 | +€3,184 | +2207.9% |
| Taxes, remuneration and social security | 45 | €3,716 | €7,296 | +€3,579 | +96.3% |
| Taxes | 450/3 | €3,716 | €7,296 | +€3,579 | +96.3% |
| Other amounts payable | 47/48 | €26,304 | €9,543 | -€16,761 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,633 | €10,885 | +€252 | +2.4% |
| Other operating charges | 640/8 | €1,390 | €2,890 | +€1,500 | +107.9% |
| Gross operating margin | 9900 | €20,150 | €30,074 | +€9,925 | +49.3% |
| Operating profit (loss) | 9901 | €8,126 | €16,299 | +€8,173 | +100.6% |
| Financial charges | 65/66B | €766 | €476 | -€289 | -37.8% |
| Recurring financial charges | 65 | €766 | €476 | -€289 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €7,360 | €15,823 | +€8,462 | +115.0% |
| Income taxes | 67/77 | €1,451 | €5,270 | +€3,819 | +263.3% |
| Profit (loss) for the period | 9904 | €5,910 | €10,553 | +€4,643 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,910 | €10,553 | +€4,643 | +78.6% |
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 5 October 2026 via checked.be.