KARAGÔZ: 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.
KARAGÔZ
Largest movements
- Receivables within one year +€24,444
up €24,444 (+33.6%), from €72,645 to €97,089
of which Trade receivables: +€91,993
- Tangible fixed assets +€23,622
up €23,622 (+5532.1%), from €427 to €24,049
of which Furniture and vehicles: +€24,000
- Cash -€11,307
down €11,307 (-58.1%), from €19,463 to €8,156
mainly Investment in fixed assets (net) (-€29,999) and Receivables within one year (-€24,444)
- Profit (loss) carried forward +€66,125
up €66,125 (+141.3%), from €46,811 to €112,936
- Tax, wage and social debts -€13,527
no longer reported in 2023 (was €13,527)
- Debts after one year -€5,667
no longer reported in 2023 (was €5,667)
- Current portion of long-term debt -€5,594
down €5,594 (-46.2%), from €12,109 to €6,515
- Trade debts -€4,012
down €4,012 (-49.3%), from €8,146 to €4,134
- Turnover -€277,349
no longer reported in 2023 (was €277,349)
- Purchases and services -€231,433
no longer reported in 2023 (was €231,433)
- Gross operating margin +€30,220
up €30,220 (+65.8%), from €45,915 to €76,136
- Depreciation +€6,000
up €6,000 (+1591.6%), from €377 to €6,377
- Staff costs -€2,794
down €2,794 (-92.1%), from €3,035 to €241
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,550 | €133,875 | +€37,325 | +38.7% |
| Fixed assets | 21/28 | €1,427 | €25,049 | +€23,622 | +1655.4% |
| Tangible fixed assets | 22/27 | €427 | €24,049 | +€23,622 | +5532.1% |
| Plant, machinery and equipment | 23 | €427 | €49 | -€378 | -88.5% |
| Furniture and vehicles | 24 | - | €24,000 | +€24,000 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €95,123 | €108,826 | +€13,703 | +14.4% |
| Stocks and contracts in progress | 3 | €3,015 | €3,580 | +€565 | +18.7% |
| Stocks | 30/36 | €3,015 | €3,580 | +€565 | +18.7% |
| Amounts receivable within one year | 40/41 | €72,645 | €97,089 | +€24,444 | +33.6% |
| Trade receivables | 40 | - | €91,993 | +€91,993 | |
| Other amounts receivable | 41 | €72,645 | €5,096 | -€67,549 | -93.0% |
| Cash at bank and in hand | 54/58 | €19,463 | €8,156 | -€11,307 | -58.1% |
| Total equity and liabilities | 10/49 | €96,550 | €133,875 | +€37,325 | +38.7% |
| Equity | 10/15 | €53,596 | €119,721 | +€66,125 | +123.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €585 | €585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €585 | €585 | = | 0.0% |
| Reserves not available under the articles | 1311 | €585 | €585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,811 | €112,936 | +€66,125 | +141.3% |
| Amounts payable | 17/49 | €42,954 | €14,154 | -€28,800 | -67.0% |
| Amounts payable after more than one year | 17 | €5,667 | - | -€5,667 | |
| Financial debts | 170/4 | €5,667 | - | -€5,667 | |
| Amounts payable within one year | 42/48 | €37,287 | €14,154 | -€23,133 | -62.0% |
| Current portion of amounts payable after more than one year | 42 | €12,109 | €6,515 | -€5,594 | -46.2% |
| Trade debts | 44 | €8,146 | €4,134 | -€4,012 | -49.3% |
| Suppliers | 440/4 | €8,146 | €4,134 | -€4,012 | -49.3% |
| Taxes, remuneration and social security | 45 | €13,527 | - | -€13,527 | |
| Taxes | 450/3 | €13,527 | - | -€13,527 | |
| Other amounts payable | 47/48 | €3,505 | €3,505 | -€0 | 0.0% |
| Turnover | 70 | €277,349 | - | -€277,349 | |
| Goods, raw materials, services and sundry goods | 60/61 | €231,433 | - | -€231,433 | |
| Remuneration, social security and pensions | 62 | €3,035 | €241 | -€2,794 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €6,377 | +€6,000 | +1591.6% |
| Other operating charges | 640/8 | €1,876 | €3,195 | +€1,319 | +70.3% |
| Gross operating margin | 9900 | €45,915 | €76,136 | +€30,220 | +65.8% |
| Operating profit (loss) | 9901 | €40,627 | €66,322 | +€25,695 | +63.2% |
| Financial income | 75/76B | €11 | €2 | -€9 | -81.8% |
| Recurring financial income | 75 | €11 | €2 | -€9 | -81.8% |
| Financial charges | 65/66B | €2,014 | €199 | -€1,815 | -90.1% |
| Recurring financial charges | 65 | €2,014 | €199 | -€1,815 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €38,624 | €66,125 | +€27,501 | +71.2% |
| Profit (loss) for the period | 9904 | €38,624 | €66,125 | +€27,501 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,624 | €66,125 | +€27,501 | +71.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.