CARTOUCHE BREDENE: 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.
CARTOUCHE BREDENE
Largest movements
- Receivables within one year -€5,542
down €5,542 (-88.2%), from €6,284 to €742
- Tangible fixed assets +€5,056
up €5,056 (+113%), from €4,478 to €9,535
of which Plant, machinery and equipment: +€4,093
- Receivables after one year +€5,000
up €5,000 (+5.6%), from €90,000 to €95,000
- Stocks and contracts +€1,920
up €1,920 (+26.2%), from €7,315 to €9,235
- Deferred charges and accrued income +€1,380
up €1,380 (+1,150%), from €120 to €1,500
- Other debts +€45,675
up €45,675 (+2,911%), from €1,569 to €47,244
- Reserves -€37,860
down €37,860 (-56.2%), from €67,360 to €29,500
of which Distributable reserves: -€36,000
- Trade debts +€7,649
up €7,649 (+108%), from €7,062 to €14,711
- Tax, wage and social debts -€4,971
down €4,971 (-46.6%), from €10,661 to €5,690
- Current portion of long-term debt -€4,215
down €4,215 (-82.8%), from €5,092 to €877
- Gross operating margin -€6,980
down €6,980 (-33.9%), from €20,577 to €13,597
- Financial income +€1,683
up €1,683 (+67.8%), from €2,481 to €4,164
- Taxes -€1,271
down €1,271 (-27.5%), from €4,624 to €3,353
- Financial charges -€705
down €705 (-24.1%), from €2,923 to €2,218
- Depreciation -€571
down €571 (-23.7%), from €2,415 to €1,844
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 | €108,948 | €116,762 | +€7,814 | +7.2% |
| Fixed assets | 21/28 | €4,478 | €9,535 | +€5,056 | +113% |
| Tangible fixed assets | 22/27 | €4,478 | €9,535 | +€5,056 | +113% |
| Plant, machinery and equipment | 23 | €1,500 | €5,593 | +€4,093 | +273% |
| Furniture and vehicles | 24 | €803 | €2,706 | +€1,904 | +237% |
| Other tangible fixed assets | 26 | €2,176 | €1,235 | -€941 | -43.2% |
| Current assets | 29/58 | €104,469 | €107,227 | +€2,758 | +2.6% |
| Amounts receivable after more than one year | 29 | €90,000 | €95,000 | +€5,000 | +5.6% |
| Other amounts receivable | 291 | €90,000 | €95,000 | +€5,000 | +5.6% |
| Stocks and contracts in progress | 3 | €7,315 | €9,235 | +€1,920 | +26.2% |
| Stocks | 30/36 | €7,315 | €9,235 | +€1,920 | +26.2% |
| Amounts receivable within one year | 40/41 | €6,284 | €742 | -€5,542 | -88.2% |
| Other amounts receivable | 41 | €6,284 | €742 | -€5,542 | -88.2% |
| Cash at bank and in hand | 54/58 | €750 | €750 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €120 | €1,500 | +€1,380 | +1,150% |
| Total equity and liabilities | 10/49 | €108,948 | €116,762 | +€7,814 | +7.2% |
| Equity | 10/15 | €75,980 | €40,020 | -€35,961 | -47.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,360 | €29,500 | -€37,860 | -56.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €65,500 | €29,500 | -€36,000 | -55.0% |
| Profit (loss) carried forward | 14 | €2,420 | €4,320 | +€1,899 | +78.5% |
| Amounts payable | 17/49 | €32,967 | €76,742 | +€43,775 | +133% |
| Amounts payable after more than one year | 17 | €877 | - | -€877 | |
| Financial debts | 170/4 | €877 | - | -€877 | |
| Amounts payable within one year | 42/48 | €31,899 | €76,499 | +€44,600 | +140% |
| Current portion of amounts payable after more than one year | 42 | €5,092 | €877 | -€4,215 | -82.8% |
| Financial debts | 43 | €7,515 | €7,978 | +€463 | +6.2% |
| Credit institutions | 430/8 | €7,515 | €7,978 | +€463 | +6.2% |
| Trade debts | 44 | €7,062 | €14,711 | +€7,649 | +108% |
| Suppliers | 440/4 | €7,062 | €14,711 | +€7,649 | +108% |
| Taxes, remuneration and social security | 45 | €10,661 | €5,690 | -€4,971 | -46.6% |
| Taxes | 450/3 | €10,661 | €5,690 | -€4,971 | -46.6% |
| Other amounts payable | 47/48 | €1,569 | €47,244 | +€45,675 | +2,911% |
| Accrued charges and deferred income | 492/3 | €192 | €243 | +€51 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,415 | €1,844 | -€571 | -23.7% |
| Other operating charges | 640/8 | €1,326 | €1,807 | +€481 | +36.3% |
| Gross operating margin | 9900 | €20,577 | €13,597 | -€6,980 | -33.9% |
| Operating profit (loss) | 9901 | €16,836 | €9,946 | -€6,890 | -40.9% |
| Financial income | 75/76B | €2,481 | €4,164 | +€1,683 | +67.8% |
| Recurring financial income | 75 | €2,481 | €4,164 | +€1,683 | +67.8% |
| Financial charges | 65/66B | €2,923 | €2,218 | -€705 | -24.1% |
| Recurring financial charges | 65 | €2,923 | €2,218 | -€705 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €16,394 | €11,893 | -€4,502 | -27.5% |
| Income taxes | 67/77 | €4,624 | €3,353 | -€1,271 | -27.5% |
| Profit (loss) for the period | 9904 | €11,770 | €8,539 | -€3,231 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,770 | €8,539 | -€3,231 | -27.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.