KARA GROUP: 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.
KARA GROUP
Largest movements
- Cash +€30,568
up €30,568 (+109.6%), from €27,894 to €58,461
mainly Net result for the year (+€52,392) and Tax, wage and social debts (+€36,348)
- Tangible fixed assets +€10,624
up €10,624 (+357.8%), from €2,969 to €13,593
of which Furniture and vehicles: +€9,267
- Receivables within one year +€4,424
up €4,424 (+20.6%), from €21,497 to €25,921
of which Trade receivables: +€5,398
- Tax, wage and social debts +€36,348
up €36,348 (+961.0%), from €3,782 to €40,131
- Trade debts +€12,390
up €12,390 (+45.2%), from €27,425 to €39,815
- Profit (loss) carried forward -€3,608
down €3,608 (-17.7%), from €20,365 to €16,756
- Gross operating margin +€84,407
up €84,407 (+979.7%), from €8,616 to €93,022
- Taxes +€25,632
new in 2025: €25,632
- Depreciation +€3,966
up €3,966 (+176.0%), from €2,254 to €6,220
- Financial charges +€2,179
up €2,179 (+1360.6%), from €160 to €2,339
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.
Cash bridge derived
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 | €71,572 | €117,188 | +€45,616 | +63.7% |
| Fixed assets | 21/28 | €22,182 | €32,806 | +€10,624 | +47.9% |
| Tangible fixed assets | 22/27 | €2,969 | €13,593 | +€10,624 | +357.8% |
| Plant, machinery and equipment | 23 | - | €1,358 | +€1,358 | |
| Furniture and vehicles | 24 | €2,969 | €12,236 | +€9,267 | +312.1% |
| Financial fixed assets | 28 | €19,213 | €19,213 | = | 0.0% |
| Current assets | 29/58 | €49,391 | €84,382 | +€34,991 | +70.8% |
| Amounts receivable within one year | 40/41 | €21,497 | €25,921 | +€4,424 | +20.6% |
| Trade receivables | 40 | €20,523 | €25,921 | +€5,398 | +26.3% |
| Other amounts receivable | 41 | €974 | - | -€974 | |
| Cash at bank and in hand | 54/58 | €27,894 | €58,461 | +€30,568 | +109.6% |
| Total equity and liabilities | 10/49 | €71,572 | €117,188 | +€45,616 | +63.7% |
| Equity | 10/15 | €40,365 | €36,756 | -€3,608 | -8.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,365 | €16,756 | -€3,608 | -17.7% |
| Amounts payable | 17/49 | €31,207 | €80,432 | +€49,224 | +157.7% |
| Amounts payable within one year | 42/48 | €31,207 | €80,432 | +€49,224 | +157.7% |
| Trade debts | 44 | €27,425 | €39,815 | +€12,390 | +45.2% |
| Suppliers | 440/4 | €27,425 | €39,815 | +€12,390 | +45.2% |
| Taxes, remuneration and social security | 45 | €3,782 | €40,131 | +€36,348 | +961.0% |
| Taxes | 450/3 | €3,782 | €40,131 | +€36,348 | +961.0% |
| Other amounts payable | 47/48 | - | €486 | +€486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €6,220 | +€3,966 | +176.0% |
| Other operating charges | 640/8 | €1,391 | €1,440 | +€48 | +3.5% |
| Non-recurring operating charges | 66A | €2,173 | €5,000 | +€2,827 | +130.1% |
| Gross operating margin | 9900 | €8,616 | €93,022 | +€84,407 | +979.7% |
| Operating profit (loss) | 9901 | €2,797 | €80,363 | +€77,566 | +2772.7% |
| Financial charges | 65/66B | €160 | €2,339 | +€2,179 | +1360.6% |
| Recurring financial charges | 65 | €160 | €2,339 | +€2,179 | +1360.6% |
| Profit (loss) for the period before taxes | 9903 | €2,637 | €78,024 | +€75,386 | +2858.5% |
| Income taxes | 67/77 | - | €25,632 | +€25,632 | |
| Profit (loss) for the period | 9904 | €2,637 | €52,392 | +€49,754 | +1886.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,637 | €52,392 | +€49,754 | +1886.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.