KARA: 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.
KARA
Largest movements
- Cash -€895
down €895 (-33.0%), from €2,716 to €1,821
mainly Tax, wage and social debts (-€1,026) and Trade debts (-€665)
- Profit (loss) carried forward +€1,324
up €1,324 (+6.3%), from €20,950 to €22,275
- Tax, wage and social debts -€1,026
down €1,026 (-31.6%), from €3,246 to €2,220
of which Taxes: -€1,726
- Trade debts -€665
down €665 (-10.1%), from €6,597 to €5,932
- Gross operating margin -€3,761
down €3,761 (-65.6%), from €5,729 to €1,968
- Taxes -€811
down €811 (-69.3%), from €1,170 to €360
- Financial charges -€227
down €227 (-75.9%), from €300 to €72
- Other operating charges +€150
up €150 (+242%), from €62 to €212
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 | €53,400 | €53,034 | -€366 | -0.7% |
| Current assets | 29/58 | €53,400 | €53,034 | -€366 | -0.7% |
| Amounts receivable within one year | 40/41 | €50,684 | €51,213 | +€529 | +1.0% |
| Trade receivables | 40 | €39,440 | €40,340 | +€900 | +2.3% |
| Other amounts receivable | 41 | €11,244 | €10,873 | -€371 | -3.3% |
| Cash at bank and in hand | 54/58 | €2,716 | €1,821 | -€895 | -33.0% |
| Total equity and liabilities | 10/49 | €53,400 | €53,034 | -€366 | -0.7% |
| Equity | 10/15 | €43,558 | €44,882 | +€1,324 | +3.0% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €9,907 | €9,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €9,287 | €9,287 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,950 | €22,275 | +€1,324 | +6.3% |
| Amounts payable | 17/49 | €9,842 | €8,152 | -€1,690 | -17.2% |
| Amounts payable within one year | 42/48 | €9,842 | €8,152 | -€1,690 | -17.2% |
| Trade debts | 44 | €6,597 | €5,932 | -€665 | -10.1% |
| Suppliers | 440/4 | €6,597 | €5,932 | -€665 | -10.1% |
| Taxes, remuneration and social security | 45 | €3,246 | €2,220 | -€1,026 | -31.6% |
| Taxes | 450/3 | €3,246 | €1,520 | -€1,726 | -53.2% |
| Remuneration and social security | 454/9 | - | €700 | +€700 | |
| Other operating charges | 640/8 | €62 | €212 | +€150 | +242% |
| Gross operating margin | 9900 | €5,729 | €1,968 | -€3,761 | -65.6% |
| Operating profit (loss) | 9901 | €5,667 | €1,756 | -€3,911 | -69.0% |
| Financial charges | 65/66B | €300 | €72 | -€227 | -75.9% |
| Recurring financial charges | 65 | €300 | €72 | -€227 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €5,368 | €1,684 | -€3,684 | -68.6% |
| Income taxes | 67/77 | €1,170 | €360 | -€811 | -69.3% |
| Profit (loss) for the period | 9904 | €4,197 | €1,324 | -€2,873 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,197 | €1,324 | -€2,873 | -68.4% |
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 20 October 2026 via checked.be.