CARY: 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.
CARY
Largest movements
- Cash +€39,813
up €39,813 (+65.6%), from €60,697 to €100,511
mainly Net result for the year (+€35,585) and Other debts (+€30,970)
- Tangible fixed assets -€8,306
down €8,306 (-7.8%), from €105,998 to €97,693
of which Land and buildings: -€10,202
- Other debts +€30,970
up €30,970 (+7019.9%), from €441 to €31,411
- Debts after one year -€9,456
down €9,456 (-16.0%), from €58,923 to €49,467
- Reserves +€6,101
up €6,101 (+6.6%), from €92,294 to €98,395
- Tax, wage and social debts +€2,410
up €2,410 (+14.6%), from €16,509 to €18,920
of which Remuneration and social security: +€1,602
- Staff costs +€4,813
up €4,813 (+11.3%), from €42,514 to €47,328
- Gross operating margin +€3,923
up €3,923 (+3.4%), from €113,976 to €117,899
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 | €184,773 | €216,644 | +€31,871 | +17.2% |
| Fixed assets | 21/28 | €107,290 | €98,984 | -€8,306 | -7.7% |
| Tangible fixed assets | 22/27 | €105,998 | €97,693 | -€8,306 | -7.8% |
| Land and buildings | 22 | €105,450 | €95,248 | -€10,202 | -9.7% |
| Plant, machinery and equipment | 23 | €549 | €209 | -€340 | -62.0% |
| Furniture and vehicles | 24 | - | €2,236 | +€2,236 | |
| Financial fixed assets | 28 | €1,291 | €1,291 | = | 0.0% |
| Current assets | 29/58 | €77,483 | €117,660 | +€40,177 | +51.9% |
| Stocks and contracts in progress | 3 | €14,526 | €14,526 | = | 0.0% |
| Stocks | 30/36 | €14,526 | €14,526 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15 | €540 | +€525 | +3453.7% |
| Other amounts receivable | 41 | €15 | €540 | +€525 | +3453.7% |
| Cash at bank and in hand | 54/58 | €60,697 | €100,511 | +€39,813 | +65.6% |
| Deferred charges and accrued income | 490/1 | €2,245 | €2,083 | -€162 | -7.2% |
| Total equity and liabilities | 10/49 | €184,773 | €216,644 | +€31,871 | +17.2% |
| Equity | 10/15 | €98,494 | €104,595 | +€6,101 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,294 | €98,395 | +€6,101 | +6.6% |
| Distributable reserves | 133 | €92,294 | €98,395 | +€6,101 | +6.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,279 | €112,049 | +€25,770 | +29.9% |
| Amounts payable after more than one year | 17 | €58,923 | €49,467 | -€9,456 | -16.0% |
| Financial debts | 170/4 | €58,923 | €49,467 | -€9,456 | -16.0% |
| Amounts payable within one year | 42/48 | €27,356 | €62,582 | +€35,226 | +128.8% |
| Current portion of amounts payable after more than one year | 42 | €9,315 | €9,456 | +€141 | +1.5% |
| Trade debts | 44 | €1,091 | €2,796 | +€1,705 | +156.3% |
| Suppliers | 440/4 | €1,091 | €2,796 | +€1,705 | +156.3% |
| Taxes, remuneration and social security | 45 | €16,509 | €18,920 | +€2,410 | +14.6% |
| Taxes | 450/3 | €9,820 | €10,628 | +€808 | +8.2% |
| Remuneration and social security | 454/9 | €6,689 | €8,291 | +€1,602 | +24.0% |
| Other amounts payable | 47/48 | €441 | €31,411 | +€30,970 | +7019.9% |
| Remuneration, social security and pensions | 62 | €42,514 | €47,328 | +€4,813 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,542 | €10,631 | +€89 | +0.8% |
| Other operating charges | 640/8 | €3,346 | €3,584 | +€238 | +7.1% |
| Gross operating margin | 9900 | €113,976 | €117,899 | +€3,923 | +3.4% |
| Operating profit (loss) | 9901 | €57,574 | €56,356 | -€1,217 | -2.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,474 | €2,952 | +€478 | +19.3% |
| Recurring financial charges | 65 | €2,474 | €2,952 | +€478 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €55,100 | €53,404 | -€1,696 | -3.1% |
| Income taxes | 67/77 | €18,323 | €17,819 | -€504 | -2.8% |
| Profit (loss) for the period | 9904 | €36,776 | €35,585 | -€1,191 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,776 | €35,585 | -€1,191 | -3.2% |
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 4 October 2026 via checked.be.