CARTHEMIS: 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.
CARTHEMIS
Largest movements
- Receivables within one year +€6,877
up €6,877 (+2.3%), from €294,972 to €301,849
- Profit (loss) carried forward +€6,550
up €6,550 (+2.4%), from €271,746 to €278,296
- Gross operating margin -€675
down €675 (-6.7%), from €10,069 to €9,394
- Taxes -€198
down €198 (-7.7%), from €2,583 to €2,385
- Financial charges -€142
down €142 (-70.8%), from €200 to €59
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 | €294,987 | €301,864 | +€6,877 | +2.3% |
| Current assets | 29/58 | €294,987 | €301,864 | +€6,877 | +2.3% |
| Amounts receivable within one year | 40/41 | €294,972 | €301,849 | +€6,877 | +2.3% |
| Other amounts receivable | 41 | €294,972 | €301,849 | +€6,877 | +2.3% |
| Cash at bank and in hand | 54/58 | €15 | €15 | = | 0.0% |
| Total equity and liabilities | 10/49 | €294,987 | €301,864 | +€6,877 | +2.3% |
| Equity | 10/15 | €290,346 | €296,896 | +€6,550 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,746 | €278,296 | +€6,550 | +2.4% |
| Amounts payable | 17/49 | €4,641 | €4,968 | +€327 | +7.0% |
| Amounts payable within one year | 42/48 | €4,641 | €4,968 | +€327 | +7.0% |
| Taxes, remuneration and social security | 45 | €4,641 | €4,968 | +€327 | +7.0% |
| Taxes | 450/3 | €4,641 | €4,968 | +€327 | +7.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €10,069 | €9,394 | -€675 | -6.7% |
| Operating profit (loss) | 9901 | €9,681 | €8,994 | -€687 | -7.1% |
| Financial charges | 65/66B | €200 | €59 | -€142 | -70.8% |
| Recurring financial charges | 65 | €200 | €59 | -€142 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €9,481 | €8,936 | -€546 | -5.8% |
| Income taxes | 67/77 | €2,583 | €2,385 | -€198 | -7.7% |
| Profit (loss) for the period | 9904 | €6,898 | €6,550 | -€348 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,898 | €6,550 | -€348 | -5.0% |
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 4 October 2026 via checked.be.