CARTER AND CO: 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.
What changed
CARTER AND CO
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€88,094
2023 · €192,922-€281,016
Equity
€1.3m
2023 · €1.4m-€88,094
Cash
€78,727
2023 · €373,336-€294,609
Balance sheet total
€4.4m
2023 · €4.3m+€90,006
Largest movements
Assets
- Receivables within one year +€420,591
up €420,591 (+177%), from €237,312 to €657,903
of which Other amounts receivable: +€426,554
- Cash -€294,609
down €294,609 (-78.9%), from €373,336 to €78,727
mainly Receivables within one year (-€420,591) and Other debts (-€133,955)
Equity and liabilities
- Debts after one year +€255,453
up €255,453 (+13.1%), from €2.0m to €2.2m
of which Other amounts payable: +€433,000
- Other debts -€133,955
down €133,955 (-42.7%), from €313,955 to €180,000
- Profit (loss) carried forward -€62,289
down €62,289 (-41.4%), from €150,429 to €88,140
Income statement
- Turnover -€1.8m
down €1.8m (-99.3%), from €1.8m to €13,393
- Purchases and services -€1.6m
down €1.6m (-94.8%), from €1.7m to €87,657
- Gross operating margin -€295,098
down €295,098 (-63.3%), from €466,520 to €171,422
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.
Result 2023
€192,922
Gross operating margin
-€295,098
Staff costs
-€275
Depreciation
+€8,815
Other operating charges
-€792
Financial income
+€170
Financial charges
+€16,260
Taxes
+€913
Deferred taxes and other
-€11,010
Result 2024
-€88,094
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€465,297
Investment
-€114,006
Financing
+€284,694
Cash 2023
€373,336
From operations (derived)
-€465,297
Net result for the year
-€88,094
Depreciation
+€157,665
Receivables after one year
-€7,848
Receivables within one year
-€420,591
Deferred charges and accrued income
+€164
Provisions
-€8,602
Trade debts
+€33,963
Other debts
-€133,955
Accrued charges and deferred income
+€2,000
Investment (derived)
-€114,006
Investment in fixed assets (net)
-€114,006
Financing
+€284,694
Debts after one year
+€255,453
Current portion of long-term debt
+€29,241
Cash 2024
€78,727
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,288,985 | €4,378,992 | +€90,006 | +2.1% |
| Fixed assets | 21/28 | €3,477,433 | €3,433,773 | -€43,659 | -1.3% |
| Tangible fixed assets | 22/27 | €3,099,888 | €3,056,229 | -€43,659 | -1.4% |
| Land and buildings | 22 | €3,053,569 | €3,011,667 | -€41,902 | -1.4% |
| Furniture and vehicles | 24 | €35,838 | €35,705 | -€133 | -0.4% |
| Other tangible fixed assets | 26 | €10,481 | €8,857 | -€1,624 | -15.5% |
| Financial fixed assets | 28 | €377,544 | €377,544 | = | 0.0% |
| Current assets | 29/58 | €811,553 | €945,218 | +€133,666 | +16.5% |
| Amounts receivable after more than one year | 29 | €194,040 | €201,888 | +€7,848 | +4.0% |
| Other amounts receivable | 291 | €194,040 | €201,888 | +€7,848 | +4.0% |
| Amounts receivable within one year | 40/41 | €237,312 | €657,903 | +€420,591 | +177% |
| Trade receivables | 40 | €11,298 | €5,335 | -€5,963 | -52.8% |
| Other amounts receivable | 41 | €226,014 | €652,568 | +€426,554 | +189% |
| Cash at bank and in hand | 54/58 | €373,336 | €78,727 | -€294,609 | -78.9% |
| Deferred charges and accrued income | 490/1 | €6,865 | €6,700 | -€164 | -2.4% |
| Total equity and liabilities | 10/49 | €4,288,985 | €4,378,992 | +€90,006 | +2.1% |
| Equity | 10/15 | €1,404,978 | €1,316,884 | -€88,094 | -6.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,235,957 | €1,210,152 | -€25,805 | -2.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €984,098 | €958,293 | -€25,805 | -2.6% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,429 | €88,140 | -€62,289 | -41.4% |
| Provisions and deferred taxes | 16 | €328,033 | €319,431 | -€8,602 | -2.6% |
| Deferred taxes | 168 | €328,033 | €319,431 | -€8,602 | -2.6% |
| Amounts payable | 17/49 | €2,555,974 | €2,742,677 | +€186,702 | +7.3% |
| Amounts payable after more than one year | 17 | €1,951,262 | €2,206,715 | +€255,453 | +13.1% |
| Financial debts | 170/4 | €1,951,262 | €1,773,715 | -€177,547 | -9.1% |
| Other amounts payable | 178/9 | - | €433,000 | +€433,000 | |
| Amounts payable within one year | 42/48 | €591,713 | €520,962 | -€70,751 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €240,693 | €269,933 | +€29,241 | +12.1% |
| Trade debts | 44 | €37,065 | €71,029 | +€33,963 | +91.6% |
| Suppliers | 440/4 | €37,065 | €71,029 | +€33,963 | +91.6% |
| Other amounts payable | 47/48 | €313,955 | €180,000 | -€133,955 | -42.7% |
| Accrued charges and deferred income | 492/3 | €13,000 | €15,000 | +€2,000 | +15.4% |
| Turnover | 70 | €1,831,834 | €13,393 | -€1.8m | -99.3% |
| Non-recurring operating income | 76A | €87,589 | €5,792 | -€81,798 | -93.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,672,453 | €87,657 | -€1.6m | -94.8% |
| Remuneration, social security and pensions | 62 | €1,099 | €1,374 | +€275 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,481 | €157,665 | -€8,815 | -5.3% |
| Other operating charges | 640/8 | €11,164 | €11,956 | +€792 | +7.1% |
| Gross operating margin | 9900 | €466,520 | €171,422 | -€295,098 | -63.3% |
| Operating profit (loss) | 9901 | €287,777 | €427 | -€287,350 | -99.9% |
| Financial income | 75/76B | - | €170 | +€170 | |
| Recurring financial income | 75 | - | €170 | +€170 | |
| Financial charges | 65/66B | €94,999 | €78,739 | -€16,260 | -17.1% |
| Recurring financial charges | 65 | €94,999 | €78,739 | -€16,260 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €192,778 | -€78,142 | -€270,920 | |
| Transfer from deferred taxes | 780 | €19,612 | €8,602 | -€11,010 | -56.1% |
| Income taxes | 67/77 | €19,468 | €18,554 | -€913 | -4.7% |
| Profit (loss) for the period | 9904 | €192,922 | -€88,094 | -€281,016 | |
| Transfer from tax-exempt reserves | 789 | €58,835 | €25,805 | -€33,030 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €251,757 | -€62,289 | -€314,046 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.