De Karekiet: 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.
De Karekiet
Largest movements
- Tangible fixed assets +€49,642
up €49,642 (+56.8%), from €87,379 to €137,021
of which Other tangible fixed assets: +€82,584
- Receivables within one year +€23,108
up €23,108 (+1,634%), from €1,414 to €24,522
of which Other amounts receivable: +€18,601
- Stocks and contracts +€10,373
up €10,373 (+70.3%), from €14,757 to €25,130
- Cash +€5,936
up €5,936 (+1.9%), from €307,463 to €313,399
mainly Net result for the year (+€77,413) and Depreciation (+€45,455)
- Profit (loss) carried forward +€50,747
up €50,747 (+17.4%), from €291,706 to €342,452
- Trade debts +€18,273
up €18,273 (+89.7%), from €20,370 to €38,643
of which Suppliers: +€18,502
- Other debts +€17,422
up €17,422 (+151%), from €11,559 to €28,981
- Gross operating margin -€34,144
down €34,144 (-11.7%), from €293,040 to €258,895
- Staff costs +€27,628
up €27,628 (+36.5%), from €75,757 to €103,385
- Taxes -€20,807
down €20,807 (-52.4%), from €39,705 to €18,899
- Depreciation +€8,849
up €8,849 (+24.2%), from €36,606 to €45,455
- Financial charges +€6,493
up €6,493 (+106%), from €6,121 to €12,614
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,854 | €501,632 | +€88,778 | +21.5% |
| Fixed assets | 21/28 | €87,379 | €137,021 | +€49,642 | +56.8% |
| Tangible fixed assets | 22/27 | €87,379 | €137,021 | +€49,642 | +56.8% |
| Plant, machinery and equipment | 23 | €34,095 | €19,590 | -€14,505 | -42.5% |
| Furniture and vehicles | 24 | €28,184 | €9,747 | -€18,437 | -65.4% |
| Other tangible fixed assets | 26 | €25,100 | €107,683 | +€82,584 | +329% |
| Current assets | 29/58 | €325,476 | €364,612 | +€39,136 | +12.0% |
| Stocks and contracts in progress | 3 | €14,757 | €25,130 | +€10,373 | +70.3% |
| Stocks | 30/36 | €14,757 | €25,130 | +€10,373 | +70.3% |
| Amounts receivable within one year | 40/41 | €1,414 | €24,522 | +€23,108 | +1,634% |
| Trade receivables | 40 | €1,414 | €5,921 | +€4,506 | +319% |
| Other amounts receivable | 41 | - | €18,601 | +€18,601 | |
| Cash at bank and in hand | 54/58 | €307,463 | €313,399 | +€5,936 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,842 | €1,561 | -€281 | -15.3% |
| Total equity and liabilities | 10/49 | €412,854 | €501,632 | +€88,778 | +21.5% |
| Equity | 10/15 | €294,206 | €344,952 | +€50,747 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,706 | €342,452 | +€50,747 | +17.4% |
| Amounts payable | 17/49 | €118,649 | €156,680 | +€38,031 | +32.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,727 | €95,204 | +€33,478 | +54.2% |
| Trade debts | 44 | €20,370 | €38,643 | +€18,273 | +89.7% |
| Suppliers | 440/4 | €18,966 | €37,468 | +€18,502 | +97.6% |
| Bills of exchange payable | 441 | €1,404 | €1,175 | -€229 | -16.3% |
| Taxes, remuneration and social security | 45 | €29,798 | €27,581 | -€2,217 | -7.4% |
| Taxes | 450/3 | €19,556 | €15,832 | -€3,724 | -19.0% |
| Remuneration and social security | 454/9 | €10,242 | €11,749 | +€1,507 | +14.7% |
| Other amounts payable | 47/48 | €11,559 | €28,981 | +€17,422 | +151% |
| Accrued charges and deferred income | 492/3 | €6,922 | €11,476 | +€4,553 | +65.8% |
| Remuneration, social security and pensions | 62 | €75,757 | €103,385 | +€27,628 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,606 | €45,455 | +€8,849 | +24.2% |
| Other operating charges | 640/8 | €792 | €1,204 | +€412 | +52.0% |
| Gross operating margin | 9900 | €293,040 | €258,895 | -€34,144 | -11.7% |
| Operating profit (loss) | 9901 | €179,885 | €108,851 | -€71,034 | -39.5% |
| Financial income | 75/76B | €120 | €75 | -€45 | -37.4% |
| Recurring financial income | 75 | €120 | €75 | -€45 | -37.4% |
| Financial charges | 65/66B | €6,121 | €12,614 | +€6,493 | +106% |
| Recurring financial charges | 65 | €6,121 | €12,614 | +€6,493 | +106% |
| Profit (loss) for the period before taxes | 9903 | €173,883 | €96,311 | -€77,572 | -44.6% |
| Income taxes | 67/77 | €39,705 | €18,899 | -€20,807 | -52.4% |
| Profit (loss) for the period | 9904 | €134,178 | €77,413 | -€56,765 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €134,178 | €77,413 | -€56,765 | -42.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.