CARTESIANA: what changed
What changed
CARTESIANA
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€29,500
2024 · €23,439+€6,061
Equity
€279,645
2024 · €250,145+€29,500
Cash
€72,285
2024 · €56,707+€15,578
Balance sheet total
€343,778
2024 · €333,246+€10,533
Largest movements
Assets
- Cash +€15,578
up €15,578 (+27.5%), from €56,707 to €72,285
mainly Net result for the year (+€29,500) and Depreciation (+€11,738)
- Tangible fixed assets -€4,888
down €4,888 (-16.3%), from €30,028 to €25,140
Equity and liabilities
- Profit (loss) carried forward +€29,500
up €29,500 (+26.2%), from €112,645 to €142,145
- Debts after one year -€11,571
down €11,571 (-100%), from €11,571 to €0
- Current portion of long-term debt -€8,296
down €8,296 (-100%), from €8,296 to €0
- Other debts -€7,877
down €7,877 (-15.4%), from €51,157 to €43,280
- Tax, wage and social debts +€5,918
up €5,918 (+92.7%), from €6,384 to €12,301
of which Remuneration and social security: +€6,407
Income statement
- Gross operating margin +€7,610
up €7,610 (+17.1%), from €44,379 to €51,989
- Depreciation +€1,760
up €1,760 (+17.6%), from €9,978 to €11,738
- Other operating charges +€656
up €656 (+115%), from €569 to €1,225
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,439
Gross operating margin
+€7,610
Depreciation
-€1,760
Other operating charges
-€656
Financial income
+€384
Financial charges
+€461
Taxes
+€23
Result 2025
€29,500
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,295
Investment
-€6,850
Financing
-€19,867
Cash 2024
€56,707
From operations (derived)
+€42,295
Net result for the year
+€29,500
Depreciation
+€11,738
Receivables within one year
+€352
Deferred charges and accrued income
-€195
Trade debts
+€2,858
Tax, wage and social debts
+€5,918
Other debts
-€7,877
Investment (derived)
-€6,850
Investment in fixed assets (net)
-€6,850
Financing
-€19,867
Debts after one year
-€11,571
Current portion of long-term debt
-€8,296
Cash 2025
€72,285
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,246 | €343,778 | +€10,533 | +3.2% |
| Fixed assets | 21/28 | €263,611 | €258,722 | -€4,888 | -1.9% |
| Tangible fixed assets | 22/27 | €30,028 | €25,140 | -€4,888 | -16.3% |
| Furniture and vehicles | 24 | €30,028 | €25,140 | -€4,888 | -16.3% |
| Financial fixed assets | 28 | €233,583 | €233,583 | = | 0.0% |
| Current assets | 29/58 | €69,635 | €85,056 | +€15,421 | +22.1% |
| Amounts receivable within one year | 40/41 | €12,655 | €12,303 | -€352 | -2.8% |
| Trade receivables | 40 | - | €1,799 | +€1,799 | |
| Other amounts receivable | 41 | €12,655 | €10,504 | -€2,151 | -17.0% |
| Cash at bank and in hand | 54/58 | €56,707 | €72,285 | +€15,578 | +27.5% |
| Deferred charges and accrued income | 490/1 | €273 | €468 | +€195 | +71.4% |
| Total equity and liabilities | 10/49 | €333,246 | €343,778 | +€10,533 | +3.2% |
| Equity | 10/15 | €250,145 | €279,645 | +€29,500 | +11.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €0 | -€12,500 | -100% |
| Reserves not available under the articles | 1311 | €12,500 | €0 | -€12,500 | -100% |
| Distributable reserves | 133 | - | €12,500 | +€12,500 | |
| Profit (loss) carried forward | 14 | €112,645 | €142,145 | +€29,500 | +26.2% |
| Amounts payable | 17/49 | €83,101 | €64,133 | -€18,968 | -22.8% |
| Amounts payable after more than one year | 17 | €11,571 | €0 | -€11,571 | -100% |
| Financial debts | 170/4 | €11,571 | €0 | -€11,571 | -100% |
| Amounts payable within one year | 42/48 | €71,530 | €64,133 | -€7,396 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €8,296 | €0 | -€8,296 | -100% |
| Trade debts | 44 | €5,694 | €8,552 | +€2,858 | +50.2% |
| Suppliers | 440/4 | €5,694 | €8,552 | +€2,858 | +50.2% |
| Taxes, remuneration and social security | 45 | €6,384 | €12,301 | +€5,918 | +92.7% |
| Taxes | 450/3 | €6,384 | €5,894 | -€490 | -7.7% |
| Remuneration and social security | 454/9 | - | €6,407 | +€6,407 | |
| Other amounts payable | 47/48 | €51,157 | €43,280 | -€7,877 | -15.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,978 | €11,738 | +€1,760 | +17.6% |
| Other operating charges | 640/8 | €569 | €1,225 | +€656 | +115% |
| Gross operating margin | 9900 | €44,379 | €51,989 | +€7,610 | +17.1% |
| Operating profit (loss) | 9901 | €33,831 | €39,025 | +€5,194 | +15.4% |
| Financial income | 75/76B | €0 | €384 | +€384 | |
| Recurring financial income | 75 | €0 | €384 | +€384 | |
| Financial charges | 65/66B | €1,168 | €708 | -€461 | -39.4% |
| Recurring financial charges | 65 | €1,168 | €708 | -€461 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €32,663 | €38,701 | +€6,038 | +18.5% |
| Income taxes | 67/77 | €9,224 | €9,201 | -€23 | -0.2% |
| Profit (loss) for the period | 9904 | €23,439 | €29,500 | +€6,061 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,439 | €29,500 | +€6,061 | +25.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.