Carrure: 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.
Carrure
Largest movements
- Stocks and contracts +€386,000
up €386,000 (+167.6%), from €230,247 to €616,247
- Cash +€177,046
up €177,046 (+393.8%), from €44,964 to €222,010
mainly Short-term financial debts (+€200,000) and Other debts (+€134,786)
- Receivables within one year -€100,359
down €100,359 (-64.6%), from €155,245 to €54,886
of which Trade receivables: -€96,558
- Short-term financial debts +€200,000
up €200,000 (+66.7%), from €300,000 to €500,000
of which Other loans: +€200,000
- Other debts +€134,786
up €134,786 (+2302.5%), from €5,854 to €140,640
- Tax, wage and social debts +€66,634
up €66,634 (+1036.1%), from €6,431 to €73,065
of which Taxes: +€68,434
- Reserves +€44,187
up €44,187 (+529.9%), from €8,339 to €52,526
- Trade debts +€20,773
up €20,773 (+92.8%), from €22,383 to €43,155
- Gross operating margin +€64,246
up €64,246 (+422.3%), from €15,212 to €79,458
- Financial charges +€15,546
up €15,546 (+473.4%), from €3,284 to €18,830
- Taxes +€9,601
up €9,601 (+417.0%), from €2,302 to €11,903
- Depreciation +€1,676
up €1,676 (+130.2%), from €1,287 to €2,963
- Other operating charges +€1,584
new in 2025: €1,584
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 | €446,482 | €919,866 | +€473,384 | +106.0% |
| Formation expenses | 20 | €1,359 | €0 | -€1,359 | -100.0% |
| Fixed assets | 21/28 | €8,620 | €16,152 | +€7,532 | +87.4% |
| Tangible fixed assets | 22/27 | €8,620 | €16,152 | +€7,532 | +87.4% |
| Plant, machinery and equipment | 23 | €1,210 | €8,258 | +€7,049 | +582.8% |
| Furniture and vehicles | 24 | €1,468 | €2,566 | +€1,097 | +74.7% |
| Other tangible fixed assets | 26 | €5,943 | €5,328 | -€615 | -10.3% |
| Current assets | 29/58 | €436,502 | €903,714 | +€467,212 | +107.0% |
| Stocks and contracts in progress | 3 | €230,247 | €616,247 | +€386,000 | +167.6% |
| Stocks | 30/36 | €230,247 | €616,247 | +€386,000 | +167.6% |
| Amounts receivable within one year | 40/41 | €155,245 | €54,886 | -€100,359 | -64.6% |
| Trade receivables | 40 | €151,429 | €54,871 | -€96,558 | -63.8% |
| Other amounts receivable | 41 | €3,816 | €15 | -€3,801 | -99.6% |
| Cash at bank and in hand | 54/58 | €44,964 | €222,010 | +€177,046 | +393.8% |
| Deferred charges and accrued income | 490/1 | €6,046 | €10,571 | +€4,525 | +74.8% |
| Total equity and liabilities | 10/49 | €446,482 | €919,866 | +€473,384 | +106.0% |
| Equity | 10/15 | €108,339 | €152,526 | +€44,187 | +40.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €8,339 | €52,526 | +€44,187 | +529.9% |
| Distributable reserves | 133 | €8,339 | €52,526 | +€44,187 | +529.9% |
| Amounts payable | 17/49 | €338,142 | €767,340 | +€429,197 | +126.9% |
| Amounts payable within one year | 42/48 | €334,668 | €756,861 | +€422,193 | +126.2% |
| Financial debts | 43 | €300,000 | €500,000 | +€200,000 | +66.7% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €22,383 | €43,155 | +€20,773 | +92.8% |
| Suppliers | 440/4 | €22,383 | €43,155 | +€20,773 | +92.8% |
| Taxes, remuneration and social security | 45 | €6,431 | €73,065 | +€66,634 | +1036.1% |
| Taxes | 450/3 | €4,631 | €73,065 | +€68,434 | +1477.7% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €5,854 | €140,640 | +€134,786 | +2302.5% |
| Accrued charges and deferred income | 492/3 | €3,475 | €10,479 | +€7,004 | +201.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287 | €2,963 | +€1,676 | +130.2% |
| Other operating charges | 640/8 | - | €1,584 | +€1,584 | |
| Gross operating margin | 9900 | €15,212 | €79,458 | +€64,246 | +422.3% |
| Operating profit (loss) | 9901 | €13,925 | €74,912 | +€60,987 | +438.0% |
| Financial income | 75/76B | €0 | €8 | +€8 | +1975.0% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +1975.0% |
| Financial charges | 65/66B | €3,284 | €18,830 | +€15,546 | +473.4% |
| Recurring financial charges | 65 | €3,284 | €18,830 | +€15,546 | +473.4% |
| Profit (loss) for the period before taxes | 9903 | €10,642 | €56,090 | +€45,449 | +427.1% |
| Income taxes | 67/77 | €2,302 | €11,903 | +€9,601 | +417.0% |
| Profit (loss) for the period | 9904 | €8,339 | €44,187 | +€35,848 | +429.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,339 | €44,187 | +€35,848 | +429.9% |
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 7 October 2026 via checked.be.