CARTO: 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.
CARTO
Largest movements
- Receivables within one year -€189,287
down €189,287 (-36.1%), from €524,777 to €335,490
of which Trade receivables: -€180,423
- Cash +€6,222
up €6,222 (+173%), from €3,597 to €9,819
mainly Receivables within one year (+€189,287) and Deferred charges and accrued income (+€71)
- Other debts -€167,830
down €167,830 (-27.3%), from €615,458 to €447,628
- Trade debts -€9,143
down €9,143 (-100%), from €9,143 to €0
- Profit (loss) carried forward -€6,164
down €6,164 (-4.0%), from -€152,380 to -€158,544
- Staff costs -€9,462
down €9,462 (-100%), from €9,462 to €0
- Financial charges +€7,246
up €7,246 (+1,731%), from €419 to €7,665
- Other operating charges +€384
up €384 (+48.0%), from €799 to €1,183
- Gross operating margin +€272
up €272 (+19.9%), from -€1,363 to -€1,091
- Financial income -€71
down €71 (-1.9%), from €3,847 to €3,776
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.
Derived cash bridge
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 | €532,221 | €349,084 | -€183,137 | -34.4% |
| Current assets | 29/58 | €532,221 | €349,084 | -€183,137 | -34.4% |
| Amounts receivable within one year | 40/41 | €524,777 | €335,490 | -€189,287 | -36.1% |
| Trade receivables | 40 | €455,423 | €275,000 | -€180,423 | -39.6% |
| Other amounts receivable | 41 | €69,354 | €60,490 | -€8,864 | -12.8% |
| Cash at bank and in hand | 54/58 | €3,597 | €9,819 | +€6,222 | +173% |
| Deferred charges and accrued income | 490/1 | €3,847 | €3,776 | -€71 | -1.9% |
| Total equity and liabilities | 10/49 | €532,221 | €349,084 | -€183,137 | -34.4% |
| Equity | 10/15 | -€92,380 | -€98,544 | -€6,164 | -6.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,380 | -€158,544 | -€6,164 | -4.0% |
| Amounts payable | 17/49 | €624,601 | €447,628 | -€176,973 | -28.3% |
| Amounts payable within one year | 42/48 | €624,601 | €447,628 | -€176,973 | -28.3% |
| Trade debts | 44 | €9,143 | €0 | -€9,143 | -100% |
| Suppliers | 440/4 | €9,143 | €0 | -€9,143 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €615,458 | €447,628 | -€167,830 | -27.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €9,462 | €0 | -€9,462 | -100% |
| Other operating charges | 640/8 | €799 | €1,183 | +€384 | +48.0% |
| Gross operating margin | 9900 | -€1,363 | -€1,091 | +€272 | +19.9% |
| Operating profit (loss) | 9901 | -€11,624 | -€2,274 | +€9,350 | +80.4% |
| Financial income | 75/76B | €3,847 | €3,776 | -€71 | -1.9% |
| Recurring financial income | 75 | €3,847 | €3,776 | -€71 | -1.9% |
| Financial charges | 65/66B | €419 | €7,665 | +€7,246 | +1,731% |
| Recurring financial charges | 65 | €419 | €7,665 | +€7,246 | +1,731% |
| Profit (loss) for the period before taxes | 9903 | -€8,196 | -€6,164 | +€2,032 | +24.8% |
| Profit (loss) for the period | 9904 | -€8,196 | -€6,164 | +€2,032 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,196 | -€6,164 | +€2,032 | +24.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.