DE KARAF: what changed
Two fiscal 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.
DE KARAF
Largest movements
- Tangible fixed assets -€128,240
down €128,240 (-94.8%), from €135,209 to €6,969
of which Land and buildings: -€128,240
- Other debts -€114,088
down €114,088 (-36.7%), from €310,817 to €196,730
- Profit (loss) carried forward -€19,143
down €19,143 (-2.1%), from -€909,625 to -€928,768
- Trade debts +€7,222
up €7,222 (+99.8%), from €7,236 to €14,459
- Other operating charges -€3,350
down €3,350 (-68.2%), from €4,912 to €1,562
- Depreciation -€1,824
no longer reported in 2023 (was €1,824)
- Financial charges +€503
up €503 (+385.3%), from €131 to €634
- Gross operating margin -€163
down €163 (-3.0%), from €5,455 to €5,292
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,548 | €86,650 | -€126,898 | -59.4% |
| Fixed assets | 21/28 | €135,599 | €7,359 | -€128,240 | -94.6% |
| Tangible fixed assets | 22/27 | €135,209 | €6,969 | -€128,240 | -94.8% |
| Land and buildings | 22 | €128,240 | - | -€128,240 | |
| Furniture and vehicles | 24 | €6,969 | €6,969 | = | 0.0% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €77,949 | €79,291 | +€1,341 | +1.7% |
| Stocks and contracts in progress | 3 | €75,185 | €75,185 | = | 0.0% |
| Stocks | 30/36 | €75,185 | €75,185 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,919 | €2,956 | +€1,037 | +54.0% |
| Trade receivables | 40 | €133 | €1,170 | +€1,037 | +778.9% |
| Other amounts receivable | 41 | €1,786 | €1,786 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79 | €509 | +€431 | +547.2% |
| Deferred charges and accrued income | 490/1 | €767 | €641 | -€126 | -16.4% |
| Total equity and liabilities | 10/49 | €213,548 | €86,650 | -€126,898 | -59.4% |
| Equity | 10/15 | -€755,931 | -€775,074 | -€19,143 | -2.5% |
| Contributions | 10/11 | €153,694 | €153,694 | = | 0.0% |
| Capital | 10 | €153,694 | €153,694 | = | 0.0% |
| Issued capital | 100 | €153,694 | €153,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€909,625 | -€928,768 | -€19,143 | -2.1% |
| Amounts payable | 17/49 | €969,479 | €861,724 | -€107,755 | -11.1% |
| Amounts payable after more than one year | 17 | €649,463 | €649,463 | = | 0.0% |
| Financial debts | 170/4 | €649,463 | €649,463 | = | 0.0% |
| Amounts payable within one year | 42/48 | €320,016 | €212,261 | -€107,755 | -33.7% |
| Trade debts | 44 | €7,236 | €14,459 | +€7,222 | +99.8% |
| Suppliers | 440/4 | €7,236 | €14,459 | +€7,222 | +99.8% |
| Taxes, remuneration and social security | 45 | €1,962 | €1,073 | -€889 | -45.3% |
| Taxes | 450/3 | €1,962 | €1,073 | -€889 | -45.3% |
| Other amounts payable | 47/48 | €310,817 | €196,730 | -€114,088 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,824 | - | -€1,824 | |
| Other operating charges | 640/8 | €4,912 | €1,562 | -€3,350 | -68.2% |
| Non-recurring operating charges | 66A | - | €22,240 | +€22,240 | |
| Gross operating margin | 9900 | €5,455 | €5,292 | -€163 | -3.0% |
| Operating profit (loss) | 9901 | -€1,281 | -€18,510 | -€17,229 | -1345.4% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €131 | €634 | +€503 | +385.3% |
| Recurring financial charges | 65 | €131 | €634 | +€503 | +385.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,394 | -€19,143 | -€17,749 | -1272.8% |
| Profit (loss) for the period | 9904 | -€1,394 | -€19,143 | -€17,749 | -1272.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,394 | -€19,143 | -€17,749 | -1272.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.