KARABIJN: 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.
KARABIJN
Largest movements
- Receivables within one year -€24,840
down €24,840 (-28.5%), from €87,110 to €62,270
of which Trade receivables: -€25,688
- Profit (loss) carried forward -€35,433
down €35,433 (-170.2%), from -€20,815 to -€56,248
- Tax, wage and social debts +€14,587
up €14,587 (+65.0%), from €22,441 to €37,028
of which Taxes: +€8,164
- Accrued charges and deferred income -€4,306
down €4,306 (-65.2%), from €6,604 to €2,298
- Trade debts -€4,076
down €4,076 (-19.4%), from €20,979 to €16,904
- Short-term financial debts +€3,347
up €3,347 (+8.5%), from €39,458 to €42,805
- Gross operating margin -€45,833
down €45,833 (-37.9%), from €120,862 to €75,029
- Staff costs -€17,288
down €17,288 (-14.4%), from €120,227 to €102,939
- Financial charges +€2,722
up €2,722 (+97.5%), from €2,792 to €5,513
- Depreciation -€2,229
down €2,229 (-70.5%), from €3,163 to €935
- Other operating charges -€1,586
down €1,586 (-61.8%), from €2,565 to €980
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 | €93,740 | €67,809 | -€25,931 | -27.7% |
| Fixed assets | 21/28 | €1,435 | €500 | -€935 | -65.1% |
| Intangible fixed assets | 21 | €851 | €0 | -€851 | -100.0% |
| Tangible fixed assets | 22/27 | €83 | €0 | -€83 | -100.0% |
| Furniture and vehicles | 24 | €83 | €0 | -€83 | -100.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €92,305 | €67,309 | -€24,996 | -27.1% |
| Amounts receivable within one year | 40/41 | €87,110 | €62,270 | -€24,840 | -28.5% |
| Trade receivables | 40 | €79,901 | €54,213 | -€25,688 | -32.1% |
| Other amounts receivable | 41 | €7,209 | €8,056 | +€848 | +11.8% |
| Cash at bank and in hand | 54/58 | €599 | €718 | +€118 | +19.7% |
| Deferred charges and accrued income | 490/1 | €4,596 | €4,322 | -€274 | -6.0% |
| Total equity and liabilities | 10/49 | €93,740 | €67,809 | -€25,931 | -27.7% |
| Equity | 10/15 | €4,185 | -€31,248 | -€35,433 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,815 | -€56,248 | -€35,433 | -170.2% |
| Amounts payable | 17/49 | €89,555 | €99,057 | +€9,503 | +10.6% |
| Amounts payable within one year | 42/48 | €82,951 | €96,759 | +€13,809 | +16.6% |
| Financial debts | 43 | €39,458 | €42,805 | +€3,347 | +8.5% |
| Credit institutions | 430/8 | €39,458 | €42,805 | +€3,347 | +8.5% |
| Trade debts | 44 | €20,979 | €16,904 | -€4,076 | -19.4% |
| Suppliers | 440/4 | €20,979 | €16,904 | -€4,076 | -19.4% |
| Taxes, remuneration and social security | 45 | €22,441 | €37,028 | +€14,587 | +65.0% |
| Taxes | 450/3 | €7,989 | €16,152 | +€8,164 | +102.2% |
| Remuneration and social security | 454/9 | €14,453 | €20,876 | +€6,423 | +44.4% |
| Other amounts payable | 47/48 | €72 | €22 | -€50 | -69.2% |
| Accrued charges and deferred income | 492/3 | €6,604 | €2,298 | -€4,306 | -65.2% |
| Remuneration, social security and pensions | 62 | €120,227 | €102,939 | -€17,288 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,163 | €935 | -€2,229 | -70.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,000 | €0 | -€1,000 | -100.0% |
| Other operating charges | 640/8 | €2,565 | €980 | -€1,586 | -61.8% |
| Gross operating margin | 9900 | €120,862 | €75,029 | -€45,833 | -37.9% |
| Operating profit (loss) | 9901 | -€6,094 | -€29,825 | -€23,731 | -389.4% |
| Financial income | 75/76B | €533 | €406 | -€127 | -23.8% |
| Recurring financial income | 75 | €533 | €406 | -€127 | -23.8% |
| Financial charges | 65/66B | €2,792 | €5,513 | +€2,722 | +97.5% |
| Recurring financial charges | 65 | €2,792 | €5,513 | +€2,722 | +97.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,352 | -€34,932 | -€26,579 | -318.2% |
| Income taxes | 67/77 | €405 | €501 | +€96 | +23.8% |
| Profit (loss) for the period | 9904 | -€8,757 | -€35,433 | -€26,676 | -304.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,757 | -€35,433 | -€26,676 | -304.6% |
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 4 October 2026 via checked.be.