CARTAX 2: 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.
CARTAX 2
Largest movements
- Receivables within one year +€9,584
up €9,584 (+77.3%), from €12,399 to €21,983
of which Other amounts receivable: +€18,749
- Cash +€5,341
up €5,341 (+396%), from €1,347 to €6,689
mainly Net result for the year (+€11,062) and Tax, wage and social debts (+€3,682)
- Tangible fixed assets -€2,562
down €2,562 (-50.0%), from €5,124 to €2,562
- Profit (loss) carried forward +€11,062
up €11,062 (+80.3%), from €13,782 to €24,844
- Tax, wage and social debts +€3,682
up €3,682 (+589%), from €625 to €4,307
of which Taxes: +€3,123
- Trade debts -€2,490
down €2,490 (-84.4%), from €2,949 to €459
- Staff costs +€3,329
new in 2025: €3,329
- Gross operating margin +€3,242
up €3,242 (+19.8%), from €16,374 to €19,616
- Taxes +€2,863
new in 2025: €2,863
- Financial income +€650
new in 2025: €650
- Other operating charges +€311
new in 2025: €311
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 | €18,870 | €31,233 | +€12,363 | +65.5% |
| Fixed assets | 21/28 | €5,124 | €2,562 | -€2,562 | -50.0% |
| Tangible fixed assets | 22/27 | €5,124 | €2,562 | -€2,562 | -50.0% |
| Furniture and vehicles | 24 | €5,124 | €2,562 | -€2,562 | -50.0% |
| Current assets | 29/58 | €13,746 | €28,671 | +€14,925 | +109% |
| Amounts receivable within one year | 40/41 | €12,399 | €21,983 | +€9,584 | +77.3% |
| Trade receivables | 40 | €9,273 | €108 | -€9,165 | -98.8% |
| Other amounts receivable | 41 | €3,125 | €21,875 | +€18,749 | +600% |
| Cash at bank and in hand | 54/58 | €1,347 | €6,689 | +€5,341 | +396% |
| Total equity and liabilities | 10/49 | €18,870 | €31,233 | +€12,363 | +65.5% |
| Equity | 10/15 | €13,782 | €24,844 | +€11,062 | +80.3% |
| Profit (loss) carried forward | 14 | €13,782 | €24,844 | +€11,062 | +80.3% |
| Amounts payable | 17/49 | €5,088 | €6,390 | +€1,302 | +25.6% |
| Amounts payable within one year | 42/48 | €3,574 | €4,876 | +€1,302 | +36.4% |
| Trade debts | 44 | €2,949 | €459 | -€2,490 | -84.4% |
| Suppliers | 440/4 | €2,949 | €459 | -€2,490 | -84.4% |
| Advances received on contracts in progress | 46 | - | €109 | +€109 | |
| Taxes, remuneration and social security | 45 | €625 | €4,307 | +€3,682 | +589% |
| Taxes | 450/3 | €625 | €3,748 | +€3,123 | +500% |
| Remuneration and social security | 454/9 | - | €559 | +€559 | |
| Accrued charges and deferred income | 492/3 | €1,514 | €1,514 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €3,329 | +€3,329 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,562 | €2,562 | = | 0.0% |
| Other operating charges | 640/8 | - | €311 | +€311 | |
| Gross operating margin | 9900 | €16,374 | €19,616 | +€3,242 | +19.8% |
| Operating profit (loss) | 9901 | €13,812 | €13,413 | -€399 | -2.9% |
| Financial income | 75/76B | - | €650 | +€650 | |
| Recurring financial income | 75 | - | €650 | +€650 | |
| Financial charges | 65/66B | €30 | €138 | +€108 | +360% |
| Recurring financial charges | 65 | €30 | €138 | +€108 | +360% |
| Profit (loss) for the period before taxes | 9903 | €13,782 | €13,925 | +€143 | +1.0% |
| Income taxes | 67/77 | - | €2,863 | +€2,863 | |
| Profit (loss) for the period | 9904 | €13,782 | €11,062 | -€2,720 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,782 | €11,062 | -€2,720 | -19.7% |
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 19 October 2026 via checked.be.