CARRON: 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.
CARRON
Largest movements
- Receivables within one year -€126,972
down €126,972 (-41.1%), from €309,300 to €182,327
of which Trade receivables: -€126,927
- Tangible fixed assets +€108,149
up €108,149 (+95.8%), from €112,896 to €221,044
of which Land and buildings: +€123,066
- Debts after one year +€93,114
up €93,114 (+192.4%), from €48,387 to €141,501
- Trade debts -€84,410
down €84,410 (-45.9%), from €183,962 to €99,552
- Reserves +€31,735
up €31,735 (+56.1%), from €56,581 to €88,316
of which Distributable reserves: +€33,595
- Tax, wage and social debts -€23,464
down €23,464 (-45.8%), from €51,253 to €27,789
of which Taxes: -€23,464
- Other debts -€23,248
no longer reported in 2024 (was €23,248)
- Gross operating margin +€32,934
up €32,934 (+35.8%), from €92,056 to €124,989
- Financial income +€9,239
up €9,239 (+9683.4%), from €95 to €9,334
- Depreciation +€8,352
up €8,352 (+60.9%), from €13,718 to €22,069
- Financial charges +€6,842
up €6,842 (+105.3%), from €6,496 to €13,338
of which Financial charges: +€7,186
- Taxes +€4,767
up €4,767 (+79.4%), from €6,002 to €10,768
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,142 | €452,360 | -€22,782 | -4.8% |
| Fixed assets | 21/28 | €113,496 | €221,644 | +€108,149 | +95.3% |
| Tangible fixed assets | 22/27 | €112,896 | €221,044 | +€108,149 | +95.8% |
| Land and buildings | 22 | €48,893 | €171,959 | +€123,066 | +251.7% |
| Furniture and vehicles | 24 | €64,003 | €49,085 | -€14,918 | -23.3% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €361,646 | €230,716 | -€130,931 | -36.2% |
| Stocks and contracts in progress | 3 | €8,589 | €8,589 | = | 0.0% |
| Stocks | 30/36 | €8,589 | €8,589 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €309,300 | €182,327 | -€126,972 | -41.1% |
| Trade receivables | 40 | €308,693 | €181,766 | -€126,927 | -41.1% |
| Other amounts receivable | 41 | €606 | €562 | -€45 | -7.4% |
| Cash at bank and in hand | 54/58 | €40,360 | €37,007 | -€3,353 | -8.3% |
| Deferred charges and accrued income | 490/1 | €3,398 | €2,792 | -€606 | -17.8% |
| Total equity and liabilities | 10/49 | €475,142 | €452,360 | -€22,782 | -4.8% |
| Equity | 10/15 | €75,181 | €88,316 | +€13,135 | +17.5% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €56,581 | €88,316 | +€31,735 | +56.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €8,200 | €8,200 | = | 0.0% |
| Distributable reserves | 133 | €46,521 | €80,116 | +€33,595 | +72.2% |
| Amounts payable | 17/49 | €399,961 | €364,044 | -€35,917 | -9.0% |
| Amounts payable after more than one year | 17 | €48,387 | €141,501 | +€93,114 | +192.4% |
| Financial debts | 170/4 | €48,387 | €141,501 | +€93,114 | +192.4% |
| Amounts payable within one year | 42/48 | €351,574 | €222,354 | -€129,220 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €13,161 | €15,013 | +€1,852 | +14.1% |
| Financial debts | 43 | €79,950 | €80,000 | +€50 | +0.1% |
| Credit institutions | 430/8 | €79,950 | €80,000 | +€50 | +0.1% |
| Trade debts | 44 | €183,962 | €99,552 | -€84,410 | -45.9% |
| Suppliers | 440/4 | €183,962 | €99,552 | -€84,410 | -45.9% |
| Taxes, remuneration and social security | 45 | €51,253 | €27,789 | -€23,464 | -45.8% |
| Taxes | 450/3 | €48,556 | €25,092 | -€23,464 | -48.3% |
| Remuneration and social security | 454/9 | €2,697 | €2,697 | = | 0.0% |
| Other amounts payable | 47/48 | €23,248 | - | -€23,248 | |
| Accrued charges and deferred income | 492/3 | - | €189 | +€189 | |
| Remuneration, social security and pensions | 62 | €50,710 | €50,232 | -€478 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,718 | €22,069 | +€8,352 | +60.9% |
| Other operating charges | 640/8 | €5,916 | €6,182 | +€266 | +4.5% |
| Gross operating margin | 9900 | €92,056 | €124,989 | +€32,934 | +35.8% |
| Operating profit (loss) | 9901 | €21,713 | €46,507 | +€24,794 | +114.2% |
| Financial income | 75/76B | €95 | €9,334 | +€9,239 | +9683.4% |
| Recurring financial income | 75 | €95 | €9,334 | +€9,239 | +9683.4% |
| Financial charges | 65/66B | €6,496 | €13,338 | +€6,842 | +105.3% |
| Recurring financial charges | 65 | €6,152 | €13,338 | +€7,186 | +116.8% |
| Non-recurring financial charges | 66B | €344 | - | -€344 | |
| Profit (loss) for the period before taxes | 9903 | €15,313 | €42,503 | +€27,190 | +177.6% |
| Income taxes | 67/77 | €6,002 | €10,768 | +€4,767 | +79.4% |
| Profit (loss) for the period | 9904 | €9,311 | €31,735 | +€22,424 | +240.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,311 | €31,735 | +€22,424 | +240.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.