KARABIBER: 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.
KARABIBER
Largest movements
- Current investments -€175,643
down €175,643 (-39.6%), from €443,493 to €267,850
- Cash +€23,371
up €23,371 (+5,018%), from €466 to €23,836
mainly Current investments (+€175,643) and Net result for the year (+€39,002)
- Receivables within one year -€22,549
down €22,549 (-50.5%), from €44,620 to €22,071
of which Trade receivables: -€12,950
- Tangible fixed assets -€13,971
down €13,971 (-16.1%), from €86,702 to €72,731
of which Furniture and vehicles: -€12,280
- Reserves -€201,667
down €201,667 (-74.3%), from €271,357 to €69,690
- Profit (loss) carried forward +€19,002
up €19,002 (+57.0%), from -€33,319 to -€14,317
- Debts after one year -€7,600
down €7,600 (-45.0%), from €16,889 to €9,289
- Gross operating margin +€9,276
up €9,276 (+16.1%), from €57,500 to €66,776
- Taxes +€7,598
up €7,598 (+140%), from €5,428 to €13,027
- Financial income -€2,453
down €2,453 (-43.4%), from €5,654 to €3,201
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 | €576,298 | €388,078 | -€188,220 | -32.7% |
| Fixed assets | 21/28 | €86,702 | €72,731 | -€13,971 | -16.1% |
| Tangible fixed assets | 22/27 | €86,702 | €72,731 | -€13,971 | -16.1% |
| Land and buildings | 22 | €32,188 | €30,093 | -€2,096 | -6.5% |
| Plant, machinery and equipment | 23 | €1,536 | €1,941 | +€405 | +26.4% |
| Furniture and vehicles | 24 | €52,978 | €40,697 | -€12,280 | -23.2% |
| Current assets | 29/58 | €489,596 | €315,347 | -€174,249 | -35.6% |
| Amounts receivable within one year | 40/41 | €44,620 | €22,071 | -€22,549 | -50.5% |
| Trade receivables | 40 | €28,748 | €15,798 | -€12,950 | -45.0% |
| Other amounts receivable | 41 | €15,872 | €6,273 | -€9,599 | -60.5% |
| Current investments | 50/53 | €443,493 | €267,850 | -€175,643 | -39.6% |
| Cash at bank and in hand | 54/58 | €466 | €23,836 | +€23,371 | +5,018% |
| Deferred charges and accrued income | 490/1 | €1,018 | €1,590 | +€572 | +56.1% |
| Total equity and liabilities | 10/49 | €576,298 | €388,078 | -€188,220 | -32.7% |
| Equity | 10/15 | €256,639 | €73,973 | -€182,666 | -71.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,357 | €69,690 | -€201,667 | -74.3% |
| Distributable reserves | 133 | €271,357 | €69,690 | -€201,667 | -74.3% |
| Profit (loss) carried forward | 14 | -€33,319 | -€14,317 | +€19,002 | +57.0% |
| Amounts payable | 17/49 | €319,659 | €314,105 | -€5,554 | -1.7% |
| Amounts payable after more than one year | 17 | €16,889 | €9,289 | -€7,600 | -45.0% |
| Financial debts | 170/4 | €16,889 | €9,289 | -€7,600 | -45.0% |
| Amounts payable within one year | 42/48 | €288,552 | €290,597 | +€2,045 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €7,872 | €8,218 | +€346 | +4.4% |
| Financial debts | 43 | €382 | €2,552 | +€2,170 | +568% |
| Credit institutions | 430/8 | €382 | €2,552 | +€2,170 | +568% |
| Trade debts | 44 | €4,206 | €4,463 | +€257 | +6.1% |
| Suppliers | 440/4 | €4,206 | €4,463 | +€257 | +6.1% |
| Taxes, remuneration and social security | 45 | €4,961 | €3,694 | -€1,267 | -25.5% |
| Taxes | 450/3 | €4,961 | €3,694 | -€1,267 | -25.5% |
| Other amounts payable | 47/48 | €271,131 | €271,670 | +€540 | +0.2% |
| Accrued charges and deferred income | 492/3 | €14,219 | €14,219 | = | 0.0% |
| Non-recurring operating income | 76A | €7,694 | - | -€7,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,691 | €15,168 | +€477 | +3.2% |
| Other operating charges | 640/8 | €2,291 | €1,705 | -€586 | -25.6% |
| Gross operating margin | 9900 | €57,500 | €66,776 | +€9,276 | +16.1% |
| Operating profit (loss) | 9901 | €40,518 | €49,903 | +€9,385 | +23.2% |
| Financial income | 75/76B | €5,654 | €3,201 | -€2,453 | -43.4% |
| Recurring financial income | 75 | €5,654 | €3,201 | -€2,453 | -43.4% |
| Financial charges | 65/66B | €1,051 | €1,076 | +€25 | +2.4% |
| Recurring financial charges | 65 | €1,051 | €1,076 | +€25 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €45,121 | €52,028 | +€6,908 | +15.3% |
| Income taxes | 67/77 | €5,428 | €13,027 | +€7,598 | +140% |
| Profit (loss) for the period | 9904 | €39,692 | €39,002 | -€691 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,692 | €39,002 | -€691 | -1.7% |
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 28 October 2026 via checked.be.