EURO CARRO: 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.
EURO CARRO
Largest movements
- Receivables within one year +€100,126
up €100,126 (+25.2%), from €396,692 to €496,818
of which Trade receivables: +€116,236
- Tangible fixed assets -€85,893
down €85,893 (-16.7%), from €515,289 to €429,396
of which Plant, machinery and equipment: -€48,561
- Cash +€30,873
up €30,873 (+93.5%), from €33,008 to €63,881
mainly Depreciation (+€108,349) and Trade debts (+€97,855)
- Trade debts +€97,855
up €97,855 (+416%), from €23,516 to €121,371
- Debts after one year -€75,316
down €75,316 (-50.0%), from €150,644 to €75,329
- Current portion of long-term debt -€36,254
down €36,254 (-30.8%), from €117,588 to €81,334
- Tax, wage and social debts +€27,995
up €27,995 (+18.9%), from €147,803 to €175,798
of which Taxes: +€28,482
- Other debts +€20,084
new in 2025: €20,084
- Gross operating margin -€38,508
down €38,508 (-6.6%), from €579,271 to €540,762
- Depreciation -€36,882
down €36,882 (-25.4%), from €145,232 to €108,349
- Turnover +€24,593
up €24,593 (+2.4%), from €1.0m to €1.0m
- Other operating charges +€11,631
up €11,631 (+39.8%), from €29,256 to €40,887
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 | €970,032 | €1,005,783 | +€35,751 | +3.7% |
| Fixed assets | 21/28 | €515,289 | €429,396 | -€85,893 | -16.7% |
| Tangible fixed assets | 22/27 | €515,289 | €429,396 | -€85,893 | -16.7% |
| Land and buildings | 22 | €280,156 | €271,888 | -€8,268 | -3.0% |
| Plant, machinery and equipment | 23 | €111,247 | €62,686 | -€48,561 | -43.7% |
| Furniture and vehicles | 24 | €35,720 | €38,612 | +€2,892 | +8.1% |
| Leasing and similar rights | 25 | €62,400 | €41,600 | -€20,800 | -33.3% |
| Other tangible fixed assets | 26 | €25,766 | €14,610 | -€11,156 | -43.3% |
| Current assets | 29/58 | €454,743 | €576,387 | +€121,644 | +26.8% |
| Stocks and contracts in progress | 3 | €20,990 | €11,635 | -€9,355 | -44.6% |
| Stocks | 30/36 | €20,990 | €11,635 | -€9,355 | -44.6% |
| Amounts receivable within one year | 40/41 | €396,692 | €496,818 | +€100,126 | +25.2% |
| Trade receivables | 40 | €379,310 | €495,546 | +€116,236 | +30.6% |
| Other amounts receivable | 41 | €17,382 | €1,272 | -€16,110 | -92.7% |
| Cash at bank and in hand | 54/58 | €33,008 | €63,881 | +€30,873 | +93.5% |
| Deferred charges and accrued income | 490/1 | €4,053 | €4,053 | = | 0.0% |
| Total equity and liabilities | 10/49 | €970,032 | €1,005,783 | +€35,751 | +3.7% |
| Equity | 10/15 | €330,481 | €341,868 | +€11,387 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €311,261 | €322,648 | +€11,387 | +3.7% |
| Amounts payable | 17/49 | €639,551 | €663,915 | +€24,364 | +3.8% |
| Amounts payable after more than one year | 17 | €150,644 | €75,329 | -€75,316 | -50.0% |
| Financial debts | 170/4 | €150,644 | €75,329 | -€75,316 | -50.0% |
| Amounts payable within one year | 42/48 | €488,907 | €588,587 | +€99,680 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €117,588 | €81,334 | -€36,254 | -30.8% |
| Financial debts | 43 | €200,000 | €190,000 | -€10,000 | -5.0% |
| Credit institutions | 430/8 | €200,000 | €190,000 | -€10,000 | -5.0% |
| Trade debts | 44 | €23,516 | €121,371 | +€97,855 | +416% |
| Suppliers | 440/4 | €23,516 | €121,371 | +€97,855 | +416% |
| Taxes, remuneration and social security | 45 | €147,803 | €175,798 | +€27,995 | +18.9% |
| Taxes | 450/3 | €49,949 | €78,431 | +€28,482 | +57.0% |
| Remuneration and social security | 454/9 | €97,854 | €97,367 | -€487 | -0.5% |
| Other amounts payable | 47/48 | - | €20,084 | +€20,084 | |
| Turnover | 70 | €1,018,132 | €1,042,725 | +€24,593 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €523,217 | €524,211 | +€994 | +0.2% |
| Remuneration, social security and pensions | 62 | €360,275 | €357,218 | -€3,057 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,232 | €108,349 | -€36,882 | -25.4% |
| Other operating charges | 640/8 | €29,256 | €40,887 | +€11,631 | +39.8% |
| Gross operating margin | 9900 | €579,271 | €540,762 | -€38,508 | -6.6% |
| Operating profit (loss) | 9901 | €44,508 | €34,308 | -€10,200 | -22.9% |
| Financial income | 75/76B | €131 | - | -€131 | |
| Recurring financial income | 75 | €131 | - | -€131 | |
| Financial charges | 65/66B | €23,818 | €21,814 | -€2,004 | -8.4% |
| Recurring financial charges | 65 | €23,818 | €21,814 | -€2,004 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €20,821 | €12,494 | -€8,326 | -40.0% |
| Income taxes | 67/77 | €5,450 | €1,107 | -€4,343 | -79.7% |
| Profit (loss) for the period | 9904 | €15,371 | €11,387 | -€3,984 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,371 | €11,387 | -€3,984 | -25.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.