CARTERHA: 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.
CARTERHA
Largest movements
- Tangible fixed assets -€3,167
down €3,167 (-41.6%), from €7,607 to €4,440
- Cash -€2,786
down €2,786 (-42.0%), from €6,635 to €3,849
mainly Net result for the year (-€14,884) and Other debts (-€3,214)
- Deferred charges and accrued income -€711
down €711 (-100.0%), from €711 to €0
- Receivables within one year +€421
up €421 (+3.8%), from €10,937 to €11,358
of which Trade receivables: +€233
- Profit (loss) carried forward -€14,884
down €14,884 (-401.4%), from -€3,708 to -€18,592
- Contributions +€14,715
up €14,715 (+122.6%), from €12,000 to €26,715
- Other debts -€3,214
down €3,214 (-100.0%), from €3,214 to €0
- Tax, wage and social debts -€1,597
down €1,597 (-35.8%), from €4,468 to €2,871
of which Taxes: -€1,597
- Trade debts -€1,263
down €1,263 (-65.9%), from €1,917 to €654
- Turnover -€24,510
down €24,510 (-32.0%), from €76,630 to €52,120
- Purchases and services -€14,161
down €14,161 (-18.4%), from €77,062 to €62,901
- Gross operating margin -€10,349
down €10,349 (-2396.9%), from -€432 to -€10,781
- Taxes -€2,702
down €2,702, from €2,465 to -€238
- Depreciation +€1,272
up €1,272 (+67.1%), from €1,895 to €3,167
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 | €25,891 | €19,647 | -€6,244 | -24.1% |
| Fixed assets | 21/28 | €7,607 | €4,440 | -€3,167 | -41.6% |
| Tangible fixed assets | 22/27 | €7,607 | €4,440 | -€3,167 | -41.6% |
| Furniture and vehicles | 24 | €7,607 | €4,440 | -€3,167 | -41.6% |
| Current assets | 29/58 | €18,284 | €15,207 | -€3,076 | -16.8% |
| Amounts receivable within one year | 40/41 | €10,937 | €11,358 | +€421 | +3.8% |
| Trade receivables | 40 | €10,908 | €11,141 | +€233 | +2.1% |
| Other amounts receivable | 41 | €29 | €217 | +€188 | +652.2% |
| Cash at bank and in hand | 54/58 | €6,635 | €3,849 | -€2,786 | -42.0% |
| Deferred charges and accrued income | 490/1 | €711 | €0 | -€711 | -100.0% |
| Total equity and liabilities | 10/49 | €25,891 | €19,647 | -€6,244 | -24.1% |
| Equity | 10/15 | €16,292 | €16,123 | -€170 | -1.0% |
| Contributions | 10/11 | €12,000 | €26,715 | +€14,715 | +122.6% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,708 | -€18,592 | -€14,884 | -401.4% |
| Amounts payable | 17/49 | €9,599 | €3,525 | -€6,074 | -63.3% |
| Amounts payable within one year | 42/48 | €9,599 | €3,525 | -€6,074 | -63.3% |
| Trade debts | 44 | €1,917 | €654 | -€1,263 | -65.9% |
| Suppliers | 440/4 | €1,917 | €654 | -€1,263 | -65.9% |
| Taxes, remuneration and social security | 45 | €4,468 | €2,871 | -€1,597 | -35.8% |
| Taxes | 450/3 | €2,968 | €1,371 | -€1,597 | -53.8% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €3,214 | €0 | -€3,214 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €76,630 | €52,120 | -€24,510 | -32.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,062 | €62,901 | -€14,161 | -18.4% |
| Remuneration, social security and pensions | 62 | - | €480 | +€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €3,167 | +€1,272 | +67.1% |
| Other operating charges | 640/8 | €684 | €528 | -€156 | -22.8% |
| Gross operating margin | 9900 | -€432 | -€10,781 | -€10,349 | -2396.9% |
| Operating profit (loss) | 9901 | -€3,011 | -€14,956 | -€11,945 | -396.7% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €109 | €166 | +€57 | +52.0% |
| Recurring financial charges | 65 | €109 | €166 | +€57 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,113 | -€15,122 | -€12,009 | -385.8% |
| Income taxes | 67/77 | €2,465 | -€238 | -€2,702 | |
| Profit (loss) for the period | 9904 | -€5,578 | -€14,884 | -€9,307 | -166.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,578 | -€14,884 | -€9,307 | -166.9% |
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 1 October 2026 via checked.be.