ALGEMENE KARWEI CENTRALE: 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.
ALGEMENE KARWEI CENTRALE
Largest movements
- Receivables within one year +€38,543
up €38,543 (+83.4%), from €46,237 to €84,780
of which Trade receivables: +€34,847
- Tangible fixed assets -€7,755
down €7,755 (-76.3%), from €10,161 to €2,406
- Cash +€1,674
up €1,674 (+42.9%), from €3,901 to €5,575
mainly Other debts (+€14,719) and Trade debts (+€9,952)
- Other debts +€14,719
up €14,719 (+40.0%), from €36,837 to €51,556
- Trade debts +€9,952
up €9,952 (+652%), from €1,527 to €11,479
- Profit (loss) carried forward +€6,418
up €6,418 (+324%), from €1,983 to €8,401
- Gross operating margin +€4,197
up €4,197 (+84.0%), from €4,998 to €9,195
- Depreciation -€2,052
down €2,052 (-74.0%), from €2,773 to €721
- Taxes +€704
up €704 (+110%), from €642 to €1,346
- Other operating charges -€473
down €473 (-34.3%), from €1,381 to €908
- Financial income +€181
up €181 (+283%), from €64 to €245
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 | €61,604 | €93,493 | +€31,889 | +51.8% |
| Fixed assets | 21/28 | €10,161 | €2,406 | -€7,755 | -76.3% |
| Tangible fixed assets | 22/27 | €10,161 | €2,406 | -€7,755 | -76.3% |
| Plant, machinery and equipment | 23 | €10,161 | €2,406 | -€7,755 | -76.3% |
| Current assets | 29/58 | €51,443 | €91,087 | +€39,644 | +77.1% |
| Amounts receivable within one year | 40/41 | €46,237 | €84,780 | +€38,543 | +83.4% |
| Trade receivables | 40 | €45,000 | €79,847 | +€34,847 | +77.4% |
| Other amounts receivable | 41 | €1,237 | €4,933 | +€3,696 | +299% |
| Cash at bank and in hand | 54/58 | €3,901 | €5,575 | +€1,674 | +42.9% |
| Deferred charges and accrued income | 490/1 | €1,305 | €732 | -€573 | -43.9% |
| Total equity and liabilities | 10/49 | €61,604 | €93,493 | +€31,889 | +51.8% |
| Equity | 10/15 | €22,434 | €28,852 | +€6,418 | +28.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,983 | €8,401 | +€6,418 | +324% |
| Amounts payable | 17/49 | €39,170 | €64,641 | +€25,471 | +65.0% |
| Amounts payable within one year | 42/48 | €39,170 | €64,641 | +€25,471 | +65.0% |
| Trade debts | 44 | €1,527 | €11,479 | +€9,952 | +652% |
| Suppliers | 440/4 | €1,527 | €11,479 | +€9,952 | +652% |
| Taxes, remuneration and social security | 45 | €806 | €1,606 | +€800 | +99.3% |
| Taxes | 450/3 | €806 | €1,606 | +€800 | +99.3% |
| Other amounts payable | 47/48 | €36,837 | €51,556 | +€14,719 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,773 | €721 | -€2,052 | -74.0% |
| Other operating charges | 640/8 | €1,381 | €908 | -€473 | -34.3% |
| Gross operating margin | 9900 | €4,998 | €9,195 | +€4,197 | +84.0% |
| Operating profit (loss) | 9901 | €844 | €7,566 | +€6,722 | +796% |
| Financial income | 75/76B | €64 | €245 | +€181 | +283% |
| Recurring financial income | 75 | €64 | €245 | +€181 | +283% |
| Financial charges | 65/66B | €97 | €47 | -€50 | -51.5% |
| Recurring financial charges | 65 | €97 | €47 | -€50 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €811 | €7,764 | +€6,953 | +857% |
| Income taxes | 67/77 | €642 | €1,346 | +€704 | +110% |
| Profit (loss) for the period | 9904 | €169 | €6,418 | +€6,249 | +3,698% |
| Profit (loss) for the period to be appropriated | 9905 | €169 | €6,418 | +€6,249 | +3,698% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.