Cartaya: 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.
Cartaya
Largest movements
- Tangible fixed assets +€25,831
up €25,831 (+259.8%), from €9,942 to €35,774
of which Furniture and vehicles: +€26,690
- Cash -€2,252
down €2,252 (-32.6%), from €6,903 to €4,651
mainly Investment in fixed assets (net) (-€34,202) and Trade debts (-€11,638)
- Receivables within one year +€1,758
up €1,758 (+6.7%), from €26,153 to €27,911
of which Other amounts receivable: +€16,697
- Intangible fixed assets -€1,064
down €1,064 (-21.0%), from €5,055 to €3,991
- Debts after one year +€20,790
new in 2025: €20,790
- Trade debts -€11,638
down €11,638 (-44.4%), from €26,223 to €14,585
- Other debts +€11,525
up €11,525 (+1440.6%), from €800 to €12,325
- Advances received -€6,849
no longer reported in 2025 (was €6,849)
- Current portion of long-term debt +€6,796
new in 2025: €6,796
- Depreciation +€8,278
up €8,278 (+1172.6%), from €706 to €8,984
- Financial income +€3,254
up €3,254 (+1407.5%), from €231 to €3,485
- Gross operating margin +€1,511
up €1,511 (+10.2%), from €14,827 to €16,338
- Taxes -€1,043
down €1,043 (-26.2%), from €3,975 to €2,932
- Staff costs +€761
up €761 (+655.9%), from €116 to €876
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 | €48,664 | €73,799 | +€25,135 | +51.7% |
| Fixed assets | 21/28 | €14,997 | €40,214 | +€25,217 | +168.1% |
| Intangible fixed assets | 21 | €5,055 | €3,991 | -€1,064 | -21.0% |
| Tangible fixed assets | 22/27 | €9,942 | €35,774 | +€25,831 | +259.8% |
| Land and buildings | 22 | €6,033 | €4,763 | -€1,270 | -21.0% |
| Plant, machinery and equipment | 23 | €2,641 | €3,053 | +€412 | +15.6% |
| Furniture and vehicles | 24 | €1,268 | €27,957 | +€26,690 | +2105.3% |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €33,667 | €33,585 | -€82 | -0.2% |
| Stocks and contracts in progress | 3 | €611 | €583 | -€28 | -4.6% |
| Stocks | 30/36 | €611 | €583 | -€28 | -4.6% |
| Amounts receivable within one year | 40/41 | €26,153 | €27,911 | +€1,758 | +6.7% |
| Trade receivables | 40 | €14,939 | €0 | -€14,939 | -100.0% |
| Other amounts receivable | 41 | €11,214 | €27,911 | +€16,697 | +148.9% |
| Cash at bank and in hand | 54/58 | €6,903 | €4,651 | -€2,252 | -32.6% |
| Deferred charges and accrued income | 490/1 | - | €440 | +€440 | |
| Total equity and liabilities | 10/49 | €48,664 | €73,799 | +€25,135 | +51.7% |
| Equity | 10/15 | €14,792 | €19,303 | +€4,511 | +30.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €8,750 | €13,250 | +€4,500 | +51.4% |
| Distributable reserves | 133 | €8,750 | €13,250 | +€4,500 | +51.4% |
| Profit (loss) carried forward | 14 | €42 | €53 | +€11 | +26.9% |
| Amounts payable | 17/49 | €33,872 | €54,496 | +€20,624 | +60.9% |
| Amounts payable after more than one year | 17 | - | €20,790 | +€20,790 | |
| Financial debts | 170/4 | - | €20,790 | +€20,790 | |
| Amounts payable within one year | 42/48 | €33,872 | €33,706 | -€166 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,796 | +€6,796 | |
| Trade debts | 44 | €26,223 | €14,585 | -€11,638 | -44.4% |
| Suppliers | 440/4 | €26,223 | €14,585 | -€11,638 | -44.4% |
| Advances received on contracts in progress | 46 | €6,849 | - | -€6,849 | |
| Other amounts payable | 47/48 | €800 | €12,325 | +€11,525 | +1440.6% |
| Remuneration, social security and pensions | 62 | €116 | €876 | +€761 | +655.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €8,984 | +€8,278 | +1172.6% |
| Other operating charges | 640/8 | €450 | €956 | +€505 | +112.2% |
| Gross operating margin | 9900 | €14,827 | €16,338 | +€1,511 | +10.2% |
| Operating profit (loss) | 9901 | €13,555 | €5,521 | -€8,033 | -59.3% |
| Financial income | 75/76B | €231 | €3,485 | +€3,254 | +1407.5% |
| Recurring financial income | 75 | €231 | €3,485 | +€3,254 | +1407.5% |
| Financial charges | 65/66B | €1,019 | €1,564 | +€544 | +53.4% |
| Recurring financial charges | 65 | €1,019 | €1,564 | +€544 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €12,767 | €7,443 | -€5,324 | -41.7% |
| Income taxes | 67/77 | €3,975 | €2,932 | -€1,043 | -26.2% |
| Profit (loss) for the period | 9904 | €8,792 | €4,511 | -€4,280 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,792 | €4,511 | -€4,280 | -48.7% |
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 12 October 2026 via checked.be.