KAPSALON KARINE: 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.
KAPSALON KARINE
Largest movements
- Cash +€8,035
up €8,035 (+25.5%), from €31,490 to €39,524
mainly Net result for the year (+€5,391) and Tax, wage and social debts (+€4,088)
- Receivables within one year +€4,160
up €4,160 (+473%), from €879 to €5,039
- Deferred charges and accrued income +€2,144
up €2,144 (+1,222%), from €175 to €2,319
- Tangible fixed assets -€2,117
down €2,117 (-31.0%), from €6,840 to €4,723
of which Land and buildings: -€1,515
- Reserves +€5,391
up €5,391 (+26.3%), from €20,534 to €25,925
- Tax, wage and social debts +€4,088
up €4,088 (+69.8%), from €5,859 to €9,947
of which Taxes: +€4,009
- Trade debts +€2,245
up €2,245 (+112%), from €2,008 to €4,252
- Gross operating margin +€4,871
up €4,871 (+13.3%), from €36,626 to €41,497
- Staff costs +€1,422
up €1,422 (+4.8%), from €29,697 to €31,119
- Taxes +€666
up €666 (+55.2%), from €1,206 to €1,872
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 | €40,800 | €52,524 | +€11,724 | +28.7% |
| Fixed assets | 21/28 | €6,840 | €4,723 | -€2,117 | -31.0% |
| Tangible fixed assets | 22/27 | €6,840 | €4,723 | -€2,117 | -31.0% |
| Land and buildings | 22 | €4,826 | €3,310 | -€1,515 | -31.4% |
| Plant, machinery and equipment | 23 | €2,014 | €1,412 | -€602 | -29.9% |
| Current assets | 29/58 | €33,960 | €47,801 | +€13,841 | +40.8% |
| Stocks and contracts in progress | 3 | €1,416 | €918 | -€498 | -35.2% |
| Stocks | 30/36 | €1,416 | €918 | -€498 | -35.2% |
| Amounts receivable within one year | 40/41 | €879 | €5,039 | +€4,160 | +473% |
| Other amounts receivable | 41 | €879 | €5,039 | +€4,160 | +473% |
| Cash at bank and in hand | 54/58 | €31,490 | €39,524 | +€8,035 | +25.5% |
| Deferred charges and accrued income | 490/1 | €175 | €2,319 | +€2,144 | +1,222% |
| Total equity and liabilities | 10/49 | €40,800 | €52,524 | +€11,724 | +28.7% |
| Equity | 10/15 | €32,934 | €38,325 | +€5,391 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €20,534 | €25,925 | +€5,391 | +26.3% |
| Distributable reserves | 133 | €20,534 | €25,925 | +€5,391 | +26.3% |
| Amounts payable | 17/49 | €7,866 | €14,199 | +€6,333 | +80.5% |
| Amounts payable within one year | 42/48 | €7,866 | €14,199 | +€6,333 | +80.5% |
| Trade debts | 44 | €2,008 | €4,252 | +€2,245 | +112% |
| Suppliers | 440/4 | €2,008 | €4,252 | +€2,245 | +112% |
| Taxes, remuneration and social security | 45 | €5,859 | €9,947 | +€4,088 | +69.8% |
| Taxes | 450/3 | €2,248 | €6,257 | +€4,009 | +178% |
| Remuneration and social security | 454/9 | €3,610 | €3,690 | +€80 | +2.2% |
| Remuneration, social security and pensions | 62 | €29,697 | €31,119 | +€1,422 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,908 | €2,117 | +€209 | +10.9% |
| Other operating charges | 640/8 | €1,245 | €1,121 | -€123 | -9.9% |
| Gross operating margin | 9900 | €36,626 | €41,497 | +€4,871 | +13.3% |
| Operating profit (loss) | 9901 | €3,776 | €7,139 | +€3,363 | +89.1% |
| Financial income | 75/76B | €69 | €314 | +€245 | +355% |
| Recurring financial income | 75 | €69 | €314 | +€245 | +355% |
| Financial charges | 65/66B | €206 | €190 | -€16 | -7.7% |
| Recurring financial charges | 65 | €206 | €190 | -€16 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €3,638 | €7,263 | +€3,624 | +99.6% |
| Income taxes | 67/77 | €1,206 | €1,872 | +€666 | +55.2% |
| Profit (loss) for the period | 9904 | €2,432 | €5,391 | +€2,959 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €2,432 | €5,391 | +€2,959 | +122% |
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 24 October 2026 via checked.be.