RM CARRIERO: what changed
RM CARRIERO
Largest movements
- Deferred charges and accrued income +€42,043
up €42,043 (+679%), from €6,190 to €48,233
- Tangible fixed assets +€31,968
up €31,968 (+70.1%), from €45,610 to €77,577
of which Furniture and vehicles: +€28,610
- Cash -€9,652
down €9,652 (-39.8%), from €24,268 to €14,616
mainly Investment in fixed assets (net) (-€63,218) and Deferred charges and accrued income (-€42,043)
- Stocks and contracts -€5,300
down €5,300 (-35.8%), from €14,800 to €9,500
- Debts after one year +€35,054
up €35,054 (+192%), from €18,257 to €53,311
- Other debts +€29,924
up €29,924 (+56.8%), from €52,712 to €82,636
- Tax, wage and social debts -€15,271
down €15,271 (-58.5%), from €26,108 to €10,837
of which Remuneration and social security: -€10,434
- Current portion of long-term debt +€15,028
up €15,028 (+138%), from €10,875 to €25,903
- Trade debts -€5,419
down €5,419 (-15.9%), from €34,036 to €28,617
- Depreciation +€13,160
up €13,160 (+72.7%), from €18,090 to €31,250
- Gross operating margin -€12,339
down €12,339 (-7.7%), from €160,471 to €148,133
- Other operating charges -€6,932
down €6,932 (-89.0%), from €7,787 to €854
- Taxes -€3,746
down €3,746 (-80.7%), from €4,641 to €895
- Staff costs -€3,034
down €3,034 (-2.6%), from €114,650 to €111,616
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €209,020 | €266,237 | +€57,217 | +27.4% |
| Fixed assets | 21/28 | €45,610 | €77,577 | +€31,968 | +70.1% |
| Tangible fixed assets | 22/27 | €45,610 | €77,577 | +€31,968 | +70.1% |
| Land and buildings | 22 | €1,350 | €1,032 | -€318 | -23.6% |
| Plant, machinery and equipment | 23 | €5,843 | €1,903 | -€3,939 | -67.4% |
| Furniture and vehicles | 24 | €34,254 | €62,864 | +€28,610 | +83.5% |
| Other tangible fixed assets | 26 | €4,163 | €11,779 | +€7,615 | +183% |
| Current assets | 29/58 | €163,410 | €188,660 | +€25,250 | +15.5% |
| Stocks and contracts in progress | 3 | €14,800 | €9,500 | -€5,300 | -35.8% |
| Stocks | 30/36 | €14,800 | €9,500 | -€5,300 | -35.8% |
| Amounts receivable within one year | 40/41 | €118,152 | €116,311 | -€1,841 | -1.6% |
| Trade receivables | 40 | €117,981 | €104,085 | -€13,896 | -11.8% |
| Other amounts receivable | 41 | €171 | €12,226 | +€12,055 | +7,038% |
| Cash at bank and in hand | 54/58 | €24,268 | €14,616 | -€9,652 | -39.8% |
| Deferred charges and accrued income | 490/1 | €6,190 | €48,233 | +€42,043 | +679% |
| Total equity and liabilities | 10/49 | €209,020 | €266,237 | +€57,217 | +27.4% |
| Equity | 10/15 | €64,231 | €61,934 | -€2,297 | -3.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €45,611 | €43,361 | -€2,250 | -4.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €43,756 | €41,506 | -€2,250 | -5.1% |
| Profit (loss) carried forward | 14 | €70 | €22 | -€47 | -67.8% |
| Amounts payable | 17/49 | €144,789 | €204,303 | +€59,515 | +41.1% |
| Amounts payable after more than one year | 17 | €18,257 | €53,311 | +€35,054 | +192% |
| Financial debts | 170/4 | €18,257 | €53,311 | +€35,054 | +192% |
| Amounts payable within one year | 42/48 | €123,731 | €147,993 | +€24,262 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €10,875 | €25,903 | +€15,028 | +138% |
| Trade debts | 44 | €34,036 | €28,617 | -€5,419 | -15.9% |
| Suppliers | 440/4 | €34,036 | €28,617 | -€5,419 | -15.9% |
| Taxes, remuneration and social security | 45 | €26,108 | €10,837 | -€15,271 | -58.5% |
| Taxes | 450/3 | €9,538 | €4,701 | -€4,837 | -50.7% |
| Remuneration and social security | 454/9 | €16,570 | €6,136 | -€10,434 | -63.0% |
| Other amounts payable | 47/48 | €52,712 | €82,636 | +€29,924 | +56.8% |
| Accrued charges and deferred income | 492/3 | €2,802 | €3,000 | +€199 | +7.1% |
| Non-recurring operating income | 76A | - | €58 | +€58 | |
| Remuneration, social security and pensions | 62 | €114,650 | €111,616 | -€3,034 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,090 | €31,250 | +€13,160 | +72.7% |
| Other operating charges | 640/8 | €7,787 | €854 | -€6,932 | -89.0% |
| Non-recurring operating charges | 66A | €2,524 | - | -€2,524 | |
| Gross operating margin | 9900 | €160,471 | €148,133 | -€12,339 | -7.7% |
| Operating profit (loss) | 9901 | €17,420 | €4,412 | -€13,008 | -74.7% |
| Financial income | 75/76B | €584 | €88 | -€495 | -84.9% |
| Recurring financial income | 75 | €584 | €88 | -€495 | -84.9% |
| Financial charges | 65/66B | €7,542 | €5,902 | -€1,639 | -21.7% |
| Recurring financial charges | 65 | €7,542 | €5,902 | -€1,639 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €10,462 | -€1,402 | -€11,865 | |
| Income taxes | 67/77 | €4,641 | €895 | -€3,746 | -80.7% |
| Profit (loss) for the period | 9904 | €5,821 | -€2,297 | -€8,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,821 | -€2,297 | -€8,118 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.