CAREMI: 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.
CAREMI
Largest movements
- Receivables within one year +€53,193
up €53,193 (+517%), from €10,280 to €63,474
of which Other amounts receivable: +€58,939
- Cash +€46,121
up €46,121 (+216%), from €21,346 to €67,467
mainly Net result for the year (+€59,936) and Debts after one year (+€30,364)
- Deferred charges and accrued income -€6,263
down €6,263 (-98.6%), from €6,355 to €92
- Stocks and contracts +€2,451
up €2,451 (+22.7%), from €10,793 to €13,244
- Profit (loss) carried forward +€59,936
up €59,936 (+97.6%), from -€61,394 to -€1,458
- Debts after one year +€30,364
up €30,364 (+57.4%), from €52,876 to €83,240
- Tax, wage and social debts +€13,917
up €13,917 (+56.4%), from €24,665 to €38,582
of which Taxes: +€13,668
- Trade debts -€6,365
down €6,365 (-15.8%), from €40,236 to €33,871
- Current portion of long-term debt -€3,988
down €3,988 (-9.9%), from €40,264 to €36,276
- Gross operating margin +€34,896
up €34,896 (+14.5%), from €240,891 to €275,787
- Taxes +€15,640
up €15,640 (+198%), from €7,881 to €23,521
- Depreciation -€5,158
down €5,158 (-19.2%), from €26,806 to €21,648
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 | €143,933 | €237,359 | +€93,426 | +64.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €95,159 | €93,082 | -€2,077 | -2.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €94,659 | €92,582 | -€2,077 | -2.2% |
| Plant, machinery and equipment | 23 | €76,523 | €78,810 | +€2,287 | +3.0% |
| Furniture and vehicles | 24 | €18,136 | €13,772 | -€4,364 | -24.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €48,774 | €144,277 | +€95,503 | +196% |
| Stocks and contracts in progress | 3 | €10,793 | €13,244 | +€2,451 | +22.7% |
| Stocks | 30/36 | €10,793 | €13,244 | +€2,451 | +22.7% |
| Amounts receivable within one year | 40/41 | €10,280 | €63,474 | +€53,193 | +517% |
| Trade receivables | 40 | €8,161 | €2,415 | -€5,746 | -70.4% |
| Other amounts receivable | 41 | €2,119 | €61,058 | +€58,939 | +2,781% |
| Cash at bank and in hand | 54/58 | €21,346 | €67,467 | +€46,121 | +216% |
| Deferred charges and accrued income | 490/1 | €6,355 | €92 | -€6,263 | -98.6% |
| Total equity and liabilities | 10/49 | €143,933 | €237,359 | +€93,426 | +64.9% |
| Equity | 10/15 | -€17,794 | €42,142 | +€59,936 | |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,394 | -€1,458 | +€59,936 | +97.6% |
| Amounts payable | 17/49 | €161,727 | €195,217 | +€33,490 | +20.7% |
| Amounts payable after more than one year | 17 | €52,876 | €83,240 | +€30,364 | +57.4% |
| Financial debts | 170/4 | €52,876 | €83,240 | +€30,364 | +57.4% |
| Amounts payable within one year | 42/48 | €108,851 | €111,977 | +€3,126 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €40,264 | €36,276 | -€3,988 | -9.9% |
| Financial debts | 43 | €3,685 | €3,248 | -€438 | -11.9% |
| Credit institutions | 430/8 | €3,685 | €3,248 | -€438 | -11.9% |
| Trade debts | 44 | €40,236 | €33,871 | -€6,365 | -15.8% |
| Suppliers | 440/4 | €40,236 | €33,871 | -€6,365 | -15.8% |
| Taxes, remuneration and social security | 45 | €24,665 | €38,582 | +€13,917 | +56.4% |
| Taxes | 450/3 | €7,961 | €21,629 | +€13,668 | +172% |
| Remuneration and social security | 454/9 | €16,704 | €16,953 | +€249 | +1.5% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €148,602 | €150,047 | +€1,445 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,806 | €21,648 | -€5,158 | -19.2% |
| Other operating charges | 640/8 | €8,509 | €6,481 | -€2,029 | -23.8% |
| Non-recurring operating charges | 66A | €10 | - | -€10 | |
| Gross operating margin | 9900 | €240,891 | €275,787 | +€34,896 | +14.5% |
| Operating profit (loss) | 9901 | €56,964 | €97,612 | +€40,648 | +71.4% |
| Financial income | 75/76B | €71 | €489 | +€418 | +587% |
| Recurring financial income | 75 | €71 | €489 | +€418 | +587% |
| Financial charges | 65/66B | €13,428 | €14,643 | +€1,216 | +9.1% |
| Recurring financial charges | 65 | €13,428 | €14,643 | +€1,216 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €43,607 | €83,457 | +€39,850 | +91.4% |
| Income taxes | 67/77 | €7,881 | €23,521 | +€15,640 | +198% |
| Profit (loss) for the period | 9904 | €35,726 | €59,936 | +€24,210 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,726 | €59,936 | +€24,210 | +67.8% |
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 28 October 2026 via checked.be.