DE CARNIN CONSULTING: 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.
DE CARNIN CONSULTING
Largest movements
- Cash +€199,357
up €199,357 (+421%), from €47,394 to €246,751
mainly Current investments (+€85,000) and Net result for the year (+€63,053)
- Current investments -€85,000
down €85,000 (-29.8%), from €285,000 to €200,000
- Financial fixed assets -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€30,588
down €30,588 (-99.9%), from €30,613 to €25
of which Trade receivables: -€30,613
- Tangible fixed assets -€15,929
down €15,929 (-54.8%), from €29,094 to €13,165
of which Furniture and vehicles: -€15,570
- Reserves +€34,909
up €34,909 (+15.2%), from €229,762 to €264,671
- Debts after one year -€10,500
down €10,500 (-100%), from €10,500 to €0
- Tax, wage and social debts -€9,154
down €9,154 (-67.8%), from €13,506 to €4,352
- Gross operating margin -€10,712
down €10,712 (-9.2%), from €116,344 to €105,631
- Taxes -€3,099
down €3,099 (-11.4%), from €27,291 to €24,192
- Financial charges +€2,448
up €2,448 (+31.1%), from €7,866 to €10,314
- Financial income +€1,816
up €1,816 (+24.9%), from €7,291 to €9,108
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 | €444,870 | €462,574 | +€17,704 | +4.0% |
| Fixed assets | 21/28 | €79,094 | €13,165 | -€65,929 | -83.4% |
| Tangible fixed assets | 22/27 | €29,094 | €13,165 | -€15,929 | -54.8% |
| Land and buildings | 22 | €58 | €0 | -€58 | -100% |
| Plant, machinery and equipment | 23 | €583 | €282 | -€301 | -51.6% |
| Furniture and vehicles | 24 | €28,453 | €12,883 | -€15,570 | -54.7% |
| Financial fixed assets | 28 | €50,000 | €0 | -€50,000 | -100% |
| Current assets | 29/58 | €365,776 | €449,409 | +€83,633 | +22.9% |
| Amounts receivable within one year | 40/41 | €30,613 | €25 | -€30,588 | -99.9% |
| Trade receivables | 40 | €30,613 | €0 | -€30,613 | -100% |
| Other amounts receivable | 41 | - | €25 | +€25 | |
| Current investments | 50/53 | €285,000 | €200,000 | -€85,000 | -29.8% |
| Cash at bank and in hand | 54/58 | €47,394 | €246,751 | +€199,357 | +421% |
| Deferred charges and accrued income | 490/1 | €2,769 | €2,633 | -€136 | -4.9% |
| Total equity and liabilities | 10/49 | €444,870 | €462,574 | +€17,704 | +4.0% |
| Equity | 10/15 | €237,199 | €272,108 | +€34,909 | +14.7% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €229,762 | €264,671 | +€34,909 | +15.2% |
| Distributable reserves | 133 | €229,762 | €264,671 | +€34,909 | +15.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €207,671 | €190,466 | -€17,205 | -8.3% |
| Amounts payable after more than one year | 17 | €10,500 | €0 | -€10,500 | -100% |
| Financial debts | 170/4 | €10,500 | €0 | -€10,500 | -100% |
| Amounts payable within one year | 42/48 | €190,921 | €180,489 | -€10,431 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €12,600 | €10,500 | -€2,100 | -16.7% |
| Trade debts | 44 | €1,879 | €3,225 | +€1,345 | +71.6% |
| Suppliers | 440/4 | €1,879 | €3,225 | +€1,345 | +71.6% |
| Taxes, remuneration and social security | 45 | €13,506 | €4,352 | -€9,154 | -67.8% |
| Taxes | 450/3 | €13,506 | €4,352 | -€9,154 | -67.8% |
| Other amounts payable | 47/48 | €162,935 | €162,413 | -€522 | -0.3% |
| Accrued charges and deferred income | 492/3 | €6,250 | €9,977 | +€3,727 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,479 | €15,929 | -€550 | -3.3% |
| Other operating charges | 640/8 | €759 | €1,251 | +€492 | +64.8% |
| Gross operating margin | 9900 | €116,344 | €105,631 | -€10,712 | -9.2% |
| Operating profit (loss) | 9901 | €99,105 | €88,451 | -€10,654 | -10.8% |
| Financial income | 75/76B | €7,291 | €9,108 | +€1,816 | +24.9% |
| Recurring financial income | 75 | €7,291 | €9,108 | +€1,816 | +24.9% |
| Financial charges | 65/66B | €7,866 | €10,314 | +€2,448 | +31.1% |
| Recurring financial charges | 65 | €7,866 | €10,314 | +€2,448 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €98,530 | €87,245 | -€11,285 | -11.5% |
| Income taxes | 67/77 | €27,291 | €24,192 | -€3,099 | -11.4% |
| Profit (loss) for the period | 9904 | €71,240 | €63,053 | -€8,187 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,240 | €63,053 | -€8,187 | -11.5% |
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 18 October 2026 via checked.be.