LA CARTE POSTALE: 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.
LA CARTE POSTALE
Largest movements
- Receivables within one year +€7,640
up €7,640 (+75.9%), from €10,062 to €17,703
of which Trade receivables: +€7,695
- Tangible fixed assets -€7,214
down €7,214 (-5.7%), from €125,688 to €118,474
- Cash -€2,970
down €2,970 (-40.7%), from €7,293 to €4,323
mainly Debts after one year (-€8,533) and Receivables within one year (-€7,640)
- Debts after one year -€8,533
down €8,533 (-8.8%), from €97,352 to €88,819
- Accrued charges and deferred income +€6,136
up €6,136 (+61.2%), from €10,025 to €16,161
- Other operating charges +€2,909
up €2,909 (+294%), from €990 to €3,899
- Gross operating margin +€133
up €133 (+1.2%), from €11,429 to €11,562
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 | €143,292 | €140,499 | -€2,792 | -1.9% |
| Formation expenses | 20 | €248 | - | -€248 | |
| Fixed assets | 21/28 | €125,688 | €118,474 | -€7,214 | -5.7% |
| Tangible fixed assets | 22/27 | €125,688 | €118,474 | -€7,214 | -5.7% |
| Land and buildings | 22 | €125,688 | €118,474 | -€7,214 | -5.7% |
| Current assets | 29/58 | €17,356 | €22,026 | +€4,670 | +26.9% |
| Amounts receivable within one year | 40/41 | €10,062 | €17,703 | +€7,640 | +75.9% |
| Trade receivables | 40 | €10,007 | €17,703 | +€7,695 | +76.9% |
| Other amounts receivable | 41 | €55 | - | -€55 | |
| Cash at bank and in hand | 54/58 | €7,293 | €4,323 | -€2,970 | -40.7% |
| Total equity and liabilities | 10/49 | €143,292 | €140,499 | -€2,792 | -1.9% |
| Equity | 10/15 | €10,335 | €9,028 | -€1,308 | -12.7% |
| Contributions | 10/11 | €20,016 | €20,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,681 | -€10,988 | -€1,308 | -13.5% |
| Amounts payable | 17/49 | €132,957 | €131,472 | -€1,485 | -1.1% |
| Amounts payable after more than one year | 17 | €97,352 | €88,819 | -€8,533 | -8.8% |
| Financial debts | 170/4 | €97,352 | €88,819 | -€8,533 | -8.8% |
| Amounts payable within one year | 42/48 | €25,580 | €26,492 | +€912 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €8,416 | €8,533 | +€116 | +1.4% |
| Trade debts | 44 | €2,253 | €2,872 | +€620 | +27.5% |
| Suppliers | 440/4 | €2,253 | €2,872 | +€620 | +27.5% |
| Taxes, remuneration and social security | 45 | €24 | €200 | +€176 | +734% |
| Taxes | 450/3 | €24 | €200 | +€176 | +734% |
| Other amounts payable | 47/48 | €14,887 | €14,887 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,025 | €16,161 | +€6,136 | +61.2% |
| Remuneration, social security and pensions | 62 | - | €53 | +€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,462 | €7,462 | -€0 | 0.0% |
| Other operating charges | 640/8 | €990 | €3,899 | +€2,909 | +294% |
| Gross operating margin | 9900 | €11,429 | €11,562 | +€133 | +1.2% |
| Operating profit (loss) | 9901 | €2,977 | €148 | -€2,829 | -95.0% |
| Financial income | 75/76B | €0 | €23 | +€22 | +5,444% |
| Recurring financial income | 75 | €0 | €23 | +€22 | +5,444% |
| Financial charges | 65/66B | €1,593 | €1,478 | -€115 | -7.2% |
| Recurring financial charges | 65 | €1,593 | €1,478 | -€115 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,384 | -€1,308 | -€2,692 | |
| Profit (loss) for the period | 9904 | €1,384 | -€1,308 | -€2,692 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,384 | -€1,308 | -€2,692 |
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 14 October 2026 via checked.be.