EDITIONS CARAMEL: 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.
EDITIONS CARAMEL
Largest movements
- Receivables within one year -€563,185
down €563,185 (-47.5%), from €1.2m to €622,080
of which Trade receivables: -€474,499
- Cash +€194,105
up €194,105 (+2,422%), from €8,014 to €202,119
mainly Receivables within one year (+€563,185) and Stocks and contracts (+€138,888)
- Stocks and contracts -€138,888
down €138,888 (-57.2%), from €242,964 to €104,076
- Intangible fixed assets +€113,779
new in 2025: €113,779
- Other debts -€182,208
down €182,208 (-99.8%), from €182,500 to €292
- Trade debts -€141,203
down €141,203 (-20.1%), from €702,189 to €560,986
- Accrued charges and deferred income -€89,696
down €89,696 (-90.2%), from €99,435 to €9,739
- Profit (loss) carried forward +€42,400
up €42,400 (+204%), from €20,822 to €63,222
- Financial income -€180,198
down €180,198 (-90.4%), from €199,388 to €19,190
- Write-downs +€61,119
no longer reported in 2025 (was -€61,119)
- Gross operating margin +€58,340
up €58,340 (+16.9%), from €345,421 to €403,761
- Depreciation +€25,434
up €25,434 (+3,425%), from €743 to €26,176
- Financial charges -€20,307
down €20,307 (-23.6%), from €85,999 to €65,691
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 | €1,453,330 | €1,073,436 | -€379,894 | -26.1% |
| Fixed assets | 21/28 | €167 | €121,683 | +€121,517 | +72,952% |
| Intangible fixed assets | 21 | - | €113,779 | +€113,779 | |
| Tangible fixed assets | 22/27 | €58 | €7,796 | +€7,737 | +13,240% |
| Furniture and vehicles | 24 | €58 | €7,796 | +€7,737 | +13,240% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €1,453,163 | €951,753 | -€501,411 | -34.5% |
| Stocks and contracts in progress | 3 | €242,964 | €104,076 | -€138,888 | -57.2% |
| Stocks | 30/36 | €242,964 | €104,076 | -€138,888 | -57.2% |
| Amounts receivable within one year | 40/41 | €1,185,265 | €622,080 | -€563,185 | -47.5% |
| Trade receivables | 40 | €1,079,623 | €605,124 | -€474,499 | -44.0% |
| Other amounts receivable | 41 | €105,643 | €16,956 | -€88,686 | -83.9% |
| Cash at bank and in hand | 54/58 | €8,014 | €202,119 | +€194,105 | +2,422% |
| Deferred charges and accrued income | 490/1 | €16,920 | €23,477 | +€6,557 | +38.8% |
| Total equity and liabilities | 10/49 | €1,453,330 | €1,073,436 | -€379,894 | -26.1% |
| Equity | 10/15 | €209,022 | €251,422 | +€42,400 | +20.3% |
| 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 | €126,200 | €126,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,822 | €63,222 | +€42,400 | +204% |
| Amounts payable | 17/49 | €1,244,308 | €822,014 | -€422,294 | -33.9% |
| Amounts payable within one year | 42/48 | €1,144,873 | €812,275 | -€332,598 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 43 | €39,080 | €31,090 | -€7,990 | -20.4% |
| Credit institutions | 430/8 | €39,080 | €31,090 | -€7,990 | -20.4% |
| Trade debts | 44 | €702,189 | €560,986 | -€141,203 | -20.1% |
| Suppliers | 440/4 | €702,189 | €560,986 | -€141,203 | -20.1% |
| Advances received on contracts in progress | 46 | €75,162 | €72,178 | -€2,985 | -4.0% |
| Taxes, remuneration and social security | 45 | €45,942 | €47,730 | +€1,787 | +3.9% |
| Taxes | 450/3 | €11,970 | €15,304 | +€3,335 | +27.9% |
| Remuneration and social security | 454/9 | €33,973 | €32,425 | -€1,547 | -4.6% |
| Other amounts payable | 47/48 | €182,500 | €292 | -€182,208 | -99.8% |
| Accrued charges and deferred income | 492/3 | €99,435 | €9,739 | -€89,696 | -90.2% |
| Remuneration, social security and pensions | 62 | €273,970 | €268,347 | -€5,623 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €26,176 | +€25,434 | +3,425% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€61,119 | - | +€61,119 | |
| Other operating charges | 640/8 | €1,041 | €1,307 | +€267 | +25.6% |
| Non-recurring operating charges | 66A | €32,294 | €2,977 | -€29,317 | -90.8% |
| Gross operating margin | 9900 | €345,421 | €403,761 | +€58,340 | +16.9% |
| Operating profit (loss) | 9901 | €98,492 | €104,954 | +€6,462 | +6.6% |
| Financial income | 75/76B | €199,388 | €19,190 | -€180,198 | -90.4% |
| Recurring financial income | 75 | €199,388 | €19,190 | -€180,198 | -90.4% |
| Financial charges | 65/66B | €85,999 | €65,691 | -€20,307 | -23.6% |
| Recurring financial charges | 65 | €85,999 | €65,691 | -€20,307 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €211,881 | €58,452 | -€153,428 | -72.4% |
| Income taxes | 67/77 | €12,470 | €16,052 | +€3,582 | +28.7% |
| Profit (loss) for the period | 9904 | €199,411 | €42,400 | -€157,011 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €199,411 | €42,400 | -€157,011 | -78.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.