TEAM 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.
TEAM CARRO
Largest movements
- Stocks and contracts -€17,420
no longer reported in 2024 (was €17,420)
- Receivables within one year +€6,955
up €6,955 (+307%), from €2,262 to €9,217
of which Trade receivables: +€6,041
- Cash +€2,593
up €2,593 (+341%), from €760 to €3,352
mainly Stocks and contracts (+€17,420) and Trade debts (+€1,702)
- Deferred charges and accrued income +€2,306
new in 2024: €2,306
- Tangible fixed assets +€1,933
up €1,933 (+419%), from €461 to €2,394
of which Furniture and vehicles: +€2,176
- Tax, wage and social debts -€2,862
down €2,862 (-70.6%), from €4,056 to €1,194
of which Remuneration and social security: -€2,248
- Profit (loss) carried forward -€2,474
down €2,474 (-81.7%), from €3,027 to €552
- Trade debts +€1,702
up €1,702 (+40.0%), from €4,261 to €5,963
- Depreciation -€2,371
down €2,371 (-76.1%), from €3,114 to €743
- Gross operating margin +€1,011
up €1,011 (+91.9%), from -€1,100 to -€89
- Financial charges -€527
down €527 (-62.9%), from €838 to €311
- Other operating charges -€56
down €56 (-4.0%), from €1,387 to €1,331
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,903 | €17,269 | -€3,634 | -17.4% |
| Fixed assets | 21/28 | €461 | €2,394 | +€1,933 | +419% |
| Tangible fixed assets | 22/27 | €461 | €2,394 | +€1,933 | +419% |
| Plant, machinery and equipment | 23 | €243 | - | -€243 | |
| Furniture and vehicles | 24 | €218 | €2,394 | +€2,176 | +998% |
| Current assets | 29/58 | €20,442 | €14,875 | -€5,567 | -27.2% |
| Stocks and contracts in progress | 3 | €17,420 | - | -€17,420 | |
| Contracts in progress | 37 | €17,420 | - | -€17,420 | |
| Amounts receivable within one year | 40/41 | €2,262 | €9,217 | +€6,955 | +307% |
| Trade receivables | 40 | - | €6,041 | +€6,041 | |
| Other amounts receivable | 41 | €2,262 | €3,176 | +€913 | +40.4% |
| Cash at bank and in hand | 54/58 | €760 | €3,352 | +€2,593 | +341% |
| Deferred charges and accrued income | 490/1 | - | €2,306 | +€2,306 | |
| Total equity and liabilities | 10/49 | €20,903 | €17,269 | -€3,634 | -17.4% |
| Equity | 10/15 | €12,587 | €10,112 | -€2,474 | -19.7% |
| Contributions | 10/11 | €8,850 | €8,850 | = | 0.0% |
| Reserves | 13 | €710 | €710 | = | 0.0% |
| Non-distributable reserves | 130/1 | €710 | €710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €710 | €710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,027 | €552 | -€2,474 | -81.7% |
| Amounts payable | 17/49 | €8,317 | €7,157 | -€1,160 | -13.9% |
| Amounts payable within one year | 42/48 | €8,317 | €7,157 | -€1,160 | -13.9% |
| Trade debts | 44 | €4,261 | €5,963 | +€1,702 | +40.0% |
| Suppliers | 440/4 | €4,261 | €5,963 | +€1,702 | +40.0% |
| Taxes, remuneration and social security | 45 | €4,056 | €1,194 | -€2,862 | -70.6% |
| Taxes | 450/3 | €1,807 | €1,194 | -€614 | -33.9% |
| Remuneration and social security | 454/9 | €2,248 | - | -€2,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,114 | €743 | -€2,371 | -76.1% |
| Other operating charges | 640/8 | €1,387 | €1,331 | -€56 | -4.0% |
| Gross operating margin | 9900 | -€1,100 | -€89 | +€1,011 | +91.9% |
| Operating profit (loss) | 9901 | -€5,601 | -€2,163 | +€3,438 | +61.4% |
| Financial charges | 65/66B | €838 | €311 | -€527 | -62.9% |
| Recurring financial charges | 65 | €838 | €311 | -€527 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,439 | -€2,474 | +€3,965 | +61.6% |
| Profit (loss) for the period | 9904 | -€6,439 | -€2,474 | +€3,965 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,439 | -€2,474 | +€3,965 | +61.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.