CARTISTIC: 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.
CARTISTIC
Largest movements
- Cash +€120,294
up €120,294 (+73.0%), from €164,684 to €284,978
mainly Net result for the year (+€258,949) and Tax, wage and social debts (+€48,841)
- Current investments +€75,000
up €75,000 (+284.1%), from €26,399 to €101,399
- Tangible fixed assets +€52,833
up €52,833 (+1053.0%), from €5,017 to €57,850
of which Furniture and vehicles: +€51,184
- Receivables within one year +€46,196
up €46,196 (+259.8%), from €17,781 to €63,977
of which Trade receivables: +€48,995
- Reserves +€258,949
up €258,949 (+141.5%), from €183,058 to €442,007
- Tax, wage and social debts +€48,841
up €48,841 (+593.4%), from €8,230 to €57,071
- Trade debts -€12,944
down €12,944 (-87.0%), from €14,883 to €1,939
- Gross operating margin +€212,318
up €212,318 (+153.4%), from €138,440 to €350,757
- Taxes +€51,697
up €51,697 (+168.9%), from €30,613 to €82,310
- Depreciation +€8,013
up €8,013 (+8857.2%), from €90 to €8,104
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 | €213,881 | €509,816 | +€295,935 | +138.4% |
| Fixed assets | 21/28 | €5,017 | €57,850 | +€52,833 | +1053.0% |
| Tangible fixed assets | 22/27 | €5,017 | €57,850 | +€52,833 | +1053.0% |
| Furniture and vehicles | 24 | €5,017 | €56,201 | +€51,184 | +1020.2% |
| Other tangible fixed assets | 26 | - | €1,649 | +€1,649 | |
| Current assets | 29/58 | €208,863 | €451,966 | +€243,102 | +116.4% |
| Amounts receivable within one year | 40/41 | €17,781 | €63,977 | +€46,196 | +259.8% |
| Trade receivables | 40 | €14,982 | €63,977 | +€48,995 | +327.0% |
| Other amounts receivable | 41 | €2,799 | €0 | -€2,799 | -100.0% |
| Current investments | 50/53 | €26,399 | €101,399 | +€75,000 | +284.1% |
| Cash at bank and in hand | 54/58 | €164,684 | €284,978 | +€120,294 | +73.0% |
| Deferred charges and accrued income | 490/1 | €0 | €1,612 | +€1,612 | |
| Total equity and liabilities | 10/49 | €213,881 | €509,816 | +€295,935 | +138.4% |
| Equity | 10/15 | €188,058 | €447,007 | +€258,949 | +137.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €183,058 | €442,007 | +€258,949 | +141.5% |
| Distributable reserves | 133 | €183,058 | €442,007 | +€258,949 | +141.5% |
| Amounts payable | 17/49 | €25,823 | €62,809 | +€36,986 | +143.2% |
| Amounts payable within one year | 42/48 | €25,380 | €60,111 | +€34,732 | +136.8% |
| Trade debts | 44 | €14,883 | €1,939 | -€12,944 | -87.0% |
| Suppliers | 440/4 | €14,883 | €1,939 | -€12,944 | -87.0% |
| Taxes, remuneration and social security | 45 | €8,230 | €57,071 | +€48,841 | +593.4% |
| Taxes | 450/3 | €8,230 | €57,071 | +€48,841 | +593.4% |
| Other amounts payable | 47/48 | €2,266 | €1,101 | -€1,165 | -51.4% |
| Accrued charges and deferred income | 492/3 | €443 | €2,697 | +€2,255 | +509.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €8,104 | +€8,013 | +8857.2% |
| Other operating charges | 640/8 | €851 | €1,504 | +€653 | +76.8% |
| Gross operating margin | 9900 | €138,440 | €350,757 | +€212,318 | +153.4% |
| Operating profit (loss) | 9901 | €137,498 | €341,149 | +€203,651 | +148.1% |
| Financial income | 75/76B | €4 | €428 | +€425 | +12097.4% |
| Recurring financial income | 75 | €4 | €428 | +€425 | +12097.4% |
| Financial charges | 65/66B | €387 | €319 | -€68 | -17.7% |
| Recurring financial charges | 65 | €387 | €319 | -€68 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €137,115 | €341,259 | +€204,144 | +148.9% |
| Income taxes | 67/77 | €30,613 | €82,310 | +€51,697 | +168.9% |
| Profit (loss) for the period | 9904 | €106,502 | €258,949 | +€152,447 | +143.1% |
| Profit (loss) for the period to be appropriated | 9905 | €106,502 | €258,949 | +€152,447 | +143.1% |
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 8 October 2026 via checked.be.