CARVALCO: 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.
CARVALCO
Largest movements
- Receivables within one year +€32,478
up €32,478 (+16.5%), from €196,695 to €229,173
of which Other amounts receivable: +€31,748
- Profit (loss) carried forward +€29,162
up €29,162 (+31.4%), from €92,743 to €121,905
- Tax, wage and social debts +€25,339
up €25,339 (+65.6%), from €38,618 to €63,957
- Debts after one year -€11,255
no longer reported in 2024 (was €11,255)
- Current portion of long-term debt -€8,307
down €8,307 (-83.4%), from €9,966 to €1,659
- Trade debts -€6,277
down €6,277 (-66.1%), from €9,499 to €3,222
- Gross operating margin +€17,018
up €17,018 (+59.2%), from €28,731 to €45,749
- Financial income -€6,420
down €6,420 (-100.0%), from €6,420 to €0
- Other operating charges -€1,900
down €1,900 (-50.6%), from €3,754 to €1,853
- Taxes +€1,228
up €1,228 (+14.8%), from €8,306 to €9,534
- Financial charges +€1,061
up €1,061 (+35.4%), from €2,993 to €4,055
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,289 | €229,965 | +€29,676 | +14.8% |
| Fixed assets | 21/28 | €1,586 | €792 | -€794 | -50.1% |
| Tangible fixed assets | 22/27 | €1,586 | €792 | -€794 | -50.1% |
| Furniture and vehicles | 24 | €1,361 | €792 | -€569 | -41.8% |
| Other tangible fixed assets | 26 | €225 | - | -€225 | |
| Current assets | 29/58 | €198,703 | €229,173 | +€30,470 | +15.3% |
| Amounts receivable within one year | 40/41 | €196,695 | €229,173 | +€32,478 | +16.5% |
| Trade receivables | 40 | €65,903 | €66,632 | +€729 | +1.1% |
| Other amounts receivable | 41 | €130,792 | €162,541 | +€31,748 | +24.3% |
| Cash at bank and in hand | 54/58 | €1,700 | - | -€1,700 | |
| Deferred charges and accrued income | 490/1 | €307 | - | -€307 | |
| Total equity and liabilities | 10/49 | €200,289 | €229,965 | +€29,676 | +14.8% |
| Equity | 10/15 | €100,798 | €129,960 | +€29,162 | +28.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,743 | €121,905 | +€29,162 | +31.4% |
| Amounts payable | 17/49 | €99,491 | €100,004 | +€514 | +0.5% |
| Amounts payable after more than one year | 17 | €11,255 | - | -€11,255 | |
| Financial debts | 170/4 | €11,255 | - | -€11,255 | |
| Amounts payable within one year | 42/48 | €88,236 | €100,004 | +€11,768 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €9,966 | €1,659 | -€8,307 | -83.4% |
| Financial debts | 43 | €17,654 | €18,667 | +€1,013 | +5.7% |
| Credit institutions | 430/8 | €17,654 | €18,667 | +€1,013 | +5.7% |
| Trade debts | 44 | €9,499 | €3,222 | -€6,277 | -66.1% |
| Suppliers | 440/4 | €9,499 | €3,222 | -€6,277 | -66.1% |
| Taxes, remuneration and social security | 45 | €38,618 | €63,957 | +€25,339 | +65.6% |
| Taxes | 450/3 | €38,618 | €63,957 | +€25,339 | +65.6% |
| Other amounts payable | 47/48 | €12,500 | €12,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €184 | €350 | +€167 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €794 | = | 0.0% |
| Other operating charges | 640/8 | €3,754 | €1,853 | -€1,900 | -50.6% |
| Gross operating margin | 9900 | €28,731 | €45,749 | +€17,018 | +59.2% |
| Operating profit (loss) | 9901 | €24,000 | €42,751 | +€18,751 | +78.1% |
| Financial income | 75/76B | €6,420 | €0 | -€6,420 | -100.0% |
| Recurring financial income | 75 | €6,420 | €0 | -€6,420 | -100.0% |
| Financial charges | 65/66B | €2,993 | €4,055 | +€1,061 | +35.4% |
| Recurring financial charges | 65 | €2,993 | €4,055 | +€1,061 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €27,426 | €38,696 | +€11,270 | +41.1% |
| Income taxes | 67/77 | €8,306 | €9,534 | +€1,228 | +14.8% |
| Profit (loss) for the period | 9904 | €19,121 | €29,162 | +€10,042 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,121 | €29,162 | +€10,042 | +52.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.