TOP 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.
TOP CARRO
Largest movements
- Receivables within one year -€33,017
down €33,017 (-20.1%), from €164,014 to €130,997
of which Trade receivables: -€22,116
- Cash +€31,774
up €31,774 (+277%), from €11,456 to €43,230
mainly Net result for the year (+€70,427) and Receivables within one year (+€33,017)
- Trade debts -€60,913
down €60,913 (-93.7%), from €65,004 to €4,091
- Profit (loss) carried forward +€34,427
up €34,427 (+36.1%), from €95,360 to €129,787
- Tax, wage and social debts +€26,295
up €26,295 (+111%), from €23,627 to €49,922
- Financial charges -€11,866
down €11,866 (-42.3%), from €28,029 to €16,163
- Gross operating margin +€10,124
up €10,124 (+8.3%), from €121,327 to €131,451
- Other operating charges +€8,576
up €8,576 (+210%), from €4,078 to €12,654
- Taxes +€4,980
up €4,980 (+26.7%), from €18,658 to €23,638
- Depreciation +€4,018
up €4,018 (+88.2%), from €4,553 to €8,571
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 | €188,991 | €188,800 | -€191 | -0.1% |
| Fixed assets | 21/28 | €13,521 | €14,201 | +€680 | +5.0% |
| Tangible fixed assets | 22/27 | €13,521 | €14,201 | +€680 | +5.0% |
| Plant, machinery and equipment | 23 | €1,741 | €595 | -€1,146 | -65.8% |
| Furniture and vehicles | 24 | €11,780 | €13,606 | +€1,826 | +15.5% |
| Current assets | 29/58 | €175,470 | €174,599 | -€871 | -0.5% |
| Amounts receivable within one year | 40/41 | €164,014 | €130,997 | -€33,017 | -20.1% |
| Trade receivables | 40 | €111,949 | €89,833 | -€22,116 | -19.8% |
| Other amounts receivable | 41 | €52,065 | €41,164 | -€10,901 | -20.9% |
| Cash at bank and in hand | 54/58 | €11,456 | €43,230 | +€31,774 | +277% |
| Deferred charges and accrued income | 490/1 | - | €372 | +€372 | |
| Total equity and liabilities | 10/49 | €188,991 | €188,800 | -€191 | -0.1% |
| Equity | 10/15 | €100,360 | €134,787 | +€34,427 | +34.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,360 | €129,787 | +€34,427 | +36.1% |
| Amounts payable | 17/49 | €88,631 | €54,013 | -€34,618 | -39.1% |
| Amounts payable within one year | 42/48 | €88,631 | €54,013 | -€34,618 | -39.1% |
| Trade debts | 44 | €65,004 | €4,091 | -€60,913 | -93.7% |
| Suppliers | 440/4 | €65,004 | €4,091 | -€60,913 | -93.7% |
| Taxes, remuneration and social security | 45 | €23,627 | €49,922 | +€26,295 | +111% |
| Taxes | 450/3 | €23,627 | €49,922 | +€26,295 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,553 | €8,571 | +€4,018 | +88.2% |
| Other operating charges | 640/8 | €4,078 | €12,654 | +€8,576 | +210% |
| Gross operating margin | 9900 | €121,327 | €131,451 | +€10,124 | +8.3% |
| Operating profit (loss) | 9901 | €112,696 | €110,226 | -€2,470 | -2.2% |
| Financial income | 75/76B | €17 | €2 | -€15 | -88.2% |
| Recurring financial income | 75 | €17 | €2 | -€15 | -88.2% |
| Financial charges | 65/66B | €28,029 | €16,163 | -€11,866 | -42.3% |
| Recurring financial charges | 65 | €28,029 | €16,163 | -€11,866 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €84,684 | €94,065 | +€9,381 | +11.1% |
| Income taxes | 67/77 | €18,658 | €23,638 | +€4,980 | +26.7% |
| Profit (loss) for the period | 9904 | €66,026 | €70,427 | +€4,401 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,026 | €70,427 | +€4,401 | +6.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.