DE CARRÉ: 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 CARRÉ
Largest movements
- Cash -€150,110
down €150,110 (-43.0%), from €349,190 to €199,081
mainly Other debts (-€119,894) and Investment in fixed assets (net) (-€64,552)
- Receivables within one year +€37,880
up €37,880 (+179%), from €21,160 to €59,039
- Tangible fixed assets +€24,705
up €24,705 (+24.8%), from €99,542 to €124,247
of which Furniture and vehicles: +€39,712
- Other debts -€119,894
down €119,894 (-100%), from €119,894 to €0
- Reserves +€19,788
up €19,788 (+10.2%), from €193,438 to €213,226
of which Distributable reserves: +€19,788
- Debts after one year +€17,235
up €17,235, from €0 to €17,235
- Current portion of long-term debt -€17,094
down €17,094 (-48.4%), from €35,337 to €18,243
- Tax, wage and social debts +€16,988
up €16,988 (+58.3%), from €29,153 to €46,141
of which Taxes: +€10,553
- Turnover -€83,314
down €83,314 (-5.0%), from €1.7m to €1.6m
- Purchases and services -€36,584
down €36,584 (-4.2%), from €868,085 to €831,500
- Staff costs +€31,830
up €31,830 (+4.8%), from €669,942 to €701,772
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 | €508,753 | €417,742 | -€91,011 | -17.9% |
| Fixed assets | 21/28 | €100,006 | €124,711 | +€24,705 | +24.7% |
| Tangible fixed assets | 22/27 | €99,542 | €124,247 | +€24,705 | +24.8% |
| Plant, machinery and equipment | 23 | €39,808 | €32,978 | -€6,830 | -17.2% |
| Furniture and vehicles | 24 | €28,686 | €68,398 | +€39,712 | +138% |
| Other tangible fixed assets | 26 | €31,049 | €22,871 | -€8,177 | -26.3% |
| Financial fixed assets | 28 | €464 | €464 | = | 0.0% |
| Current assets | 29/58 | €408,746 | €293,031 | -€115,715 | -28.3% |
| Amounts receivable after more than one year | 29 | €1,520 | €0 | -€1,520 | -100% |
| Other amounts receivable | 291 | €1,520 | €0 | -€1,520 | -100% |
| Stocks and contracts in progress | 3 | €31,791 | €30,181 | -€1,610 | -5.1% |
| Stocks | 30/36 | €31,791 | €30,181 | -€1,610 | -5.1% |
| Amounts receivable within one year | 40/41 | €21,160 | €59,039 | +€37,880 | +179% |
| Other amounts receivable | 41 | €21,160 | €59,039 | +€37,880 | +179% |
| Cash at bank and in hand | 54/58 | €349,190 | €199,081 | -€150,110 | -43.0% |
| Deferred charges and accrued income | 490/1 | €5,085 | €4,730 | -€355 | -7.0% |
| Total equity and liabilities | 10/49 | €508,753 | €417,742 | -€91,011 | -17.9% |
| Equity | 10/15 | €255,438 | €275,226 | +€19,788 | +7.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €193,438 | €213,226 | +€19,788 | +10.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,877 | €1,877 | = | 0.0% |
| Distributable reserves | 133 | €185,361 | €205,149 | +€19,788 | +10.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €253,314 | €142,516 | -€110,799 | -43.7% |
| Amounts payable after more than one year | 17 | €0 | €17,235 | +€17,235 | |
| Financial debts | 170/4 | €0 | €17,235 | +€17,235 | |
| Amounts payable within one year | 42/48 | €253,314 | €121,380 | -€131,935 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €35,337 | €18,243 | -€17,094 | -48.4% |
| Financial debts | 43 | - | €49 | +€49 | |
| Credit institutions | 430/8 | - | €49 | +€49 | |
| Trade debts | 44 | €68,931 | €56,947 | -€11,984 | -17.4% |
| Suppliers | 440/4 | €68,931 | €56,947 | -€11,984 | -17.4% |
| Taxes, remuneration and social security | 45 | €29,153 | €46,141 | +€16,988 | +58.3% |
| Taxes | 450/3 | €16,510 | €27,063 | +€10,553 | +63.9% |
| Remuneration and social security | 454/9 | €12,642 | €19,078 | +€6,435 | +50.9% |
| Other amounts payable | 47/48 | €119,894 | €0 | -€119,894 | -100% |
| Accrued charges and deferred income | 492/3 | - | €3,901 | +€3,901 | |
| Turnover | 70 | €1,651,563 | €1,568,249 | -€83,314 | -5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €868,085 | €831,500 | -€36,584 | -4.2% |
| Remuneration, social security and pensions | 62 | €669,942 | €701,772 | +€31,830 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,920 | €39,847 | +€2,927 | +7.9% |
| Other operating charges | 640/8 | €11,341 | €18,865 | +€7,524 | +66.3% |
| Gross operating margin | 9900 | €806,679 | €797,095 | -€9,583 | -1.2% |
| Operating profit (loss) | 9901 | €88,476 | €36,611 | -€51,864 | -58.6% |
| Financial income | 75/76B | €600 | €1,199 | +€599 | +99.7% |
| Recurring financial income | 75 | €600 | €1,199 | +€599 | +99.7% |
| Financial charges | 65/66B | €2,402 | €4,582 | +€2,180 | +90.8% |
| Recurring financial charges | 65 | €2,402 | €4,582 | +€2,180 | +90.8% |
| Profit (loss) for the period before taxes | 9903 | €86,674 | €33,228 | -€53,446 | -61.7% |
| Income taxes | 67/77 | €25,166 | €13,440 | -€11,726 | -46.6% |
| Profit (loss) for the period | 9904 | €61,508 | €19,788 | -€41,720 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,508 | €19,788 | -€41,720 | -67.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.