CARUSO: 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.
CARUSO
Largest movements
- Receivables within one year +€33,545
up €33,545 (+18.7%), from €179,634 to €213,179
of which Other amounts receivable: +€21,078
- Tangible fixed assets -€13,426
down €13,426 (-8.0%), from €167,323 to €153,897
of which Furniture and vehicles: -€8,804
- Cash -€5,953
down €5,953 (-68.4%), from €8,705 to €2,752
mainly Receivables within one year (-€33,545) and Contributions, distributions and other (-€15,309)
- Reserves +€18,226
up €18,226 (+7.0%), from €261,227 to €279,453
of which Distributable reserves: +€18,226
- Other debts +€13,309
up €13,309 (+665%), from €2,000 to €15,309
- Current portion of long-term debt -€12,431
down €12,431 (-53.6%), from €23,172 to €10,741
- Debts after one year -€10,741
down €10,741 (-100%), from €10,741 to €0
- Trade debts +€4,679
up €4,679 (+20.6%), from €22,740 to €27,419
- Gross operating margin -€4,933
down €4,933 (-7.3%), from €67,672 to €62,739
- Financial income +€1,493
up €1,493 (+16.3%), from €9,142 to €10,635
- Financial charges +€1,121
up €1,121 (+42.4%), from €2,643 to €3,763
- Taxes -€1,023
down €1,023 (-4.9%), from €20,852 to €19,829
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 | €359,787 | €373,812 | +€14,025 | +3.9% |
| Fixed assets | 21/28 | €167,323 | €153,897 | -€13,426 | -8.0% |
| Tangible fixed assets | 22/27 | €167,323 | €153,897 | -€13,426 | -8.0% |
| Land and buildings | 22 | €144,994 | €140,372 | -€4,622 | -3.2% |
| Furniture and vehicles | 24 | €22,329 | €13,525 | -€8,804 | -39.4% |
| Current assets | 29/58 | €192,464 | €219,916 | +€27,452 | +14.3% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €179,634 | €213,179 | +€33,545 | +18.7% |
| Trade receivables | 40 | €3,233 | €15,700 | +€12,467 | +386% |
| Other amounts receivable | 41 | €176,401 | €197,479 | +€21,078 | +11.9% |
| Cash at bank and in hand | 54/58 | €8,705 | €2,752 | -€5,953 | -68.4% |
| Deferred charges and accrued income | 490/1 | €2,125 | €1,984 | -€141 | -6.6% |
| Total equity and liabilities | 10/49 | €359,787 | €373,812 | +€14,025 | +3.9% |
| Equity | 10/15 | €279,869 | €298,095 | +€18,226 | +6.5% |
| Contributions | 10/11 | €18,642 | €18,642 | = | 0.0% |
| Reserves | 13 | €261,227 | €279,453 | +€18,226 | +7.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €261,227 | €279,453 | +€18,226 | +7.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,918 | €75,717 | -€4,201 | -5.3% |
| Amounts payable after more than one year | 17 | €10,741 | €0 | -€10,741 | -100% |
| Financial debts | 170/4 | €10,741 | €0 | -€10,741 | -100% |
| Amounts payable within one year | 42/48 | €69,177 | €75,717 | +€6,540 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €23,172 | €10,741 | -€12,431 | -53.6% |
| Financial debts | 43 | €4,639 | €5,552 | +€913 | +19.7% |
| Credit institutions | 430/8 | €4,639 | €5,552 | +€913 | +19.7% |
| Trade debts | 44 | €22,740 | €27,419 | +€4,679 | +20.6% |
| Suppliers | 440/4 | €22,740 | €27,419 | +€4,679 | +20.6% |
| Taxes, remuneration and social security | 45 | €16,627 | €16,697 | +€71 | +0.4% |
| Taxes | 450/3 | €16,627 | €16,697 | +€71 | +0.4% |
| Other amounts payable | 47/48 | €2,000 | €15,309 | +€13,309 | +665% |
| Remuneration, social security and pensions | 62 | -€69 | -€465 | -€397 | -579% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,626 | €14,106 | -€521 | -3.6% |
| Other operating charges | 640/8 | €3,040 | €2,606 | -€434 | -14.3% |
| Gross operating margin | 9900 | €67,672 | €62,739 | -€4,933 | -7.3% |
| Operating profit (loss) | 9901 | €50,074 | €46,492 | -€3,582 | -7.2% |
| Financial income | 75/76B | €9,142 | €10,635 | +€1,493 | +16.3% |
| Recurring financial income | 75 | €9,142 | €10,635 | +€1,493 | +16.3% |
| Financial charges | 65/66B | €2,643 | €3,763 | +€1,121 | +42.4% |
| Recurring financial charges | 65 | €2,643 | €3,763 | +€1,121 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €56,573 | €53,364 | -€3,209 | -5.7% |
| Income taxes | 67/77 | €20,852 | €19,829 | -€1,023 | -4.9% |
| Profit (loss) for the period | 9904 | €35,721 | €33,535 | -€2,186 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,721 | €33,535 | -€2,186 | -6.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.