KARAKAS GRAPHIC COMMUNICATIONS: what changed
What changed
KARAKAS GRAPHIC COMMUNICATIONS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€14,470
2025 · €8,003-€22,473
Equity
€215,634
2025 · €230,104-€14,470
Cash
€95,846
2025 · €95,846
Balance sheet total
€269,795
2025 · €280,708-€10,913
Largest movements
Assets
- Tangible fixed assets -€10,956
down €10,956 (-6.0%), from €183,554 to €172,598
of which Land and buildings: -€10,855
Equity and liabilities
- Profit (loss) carried forward -€14,470
down €14,470 (-12.7%), from €113,590 to €99,120
- Trade debts +€7,859
up €7,859 (+63.8%), from €12,312 to €20,170
- Tax, wage and social debts -€4,302
down €4,302 (-100.0%), from €4,302 to €0
Income statement
- Gross operating margin -€33,135
down €33,135, from €30,286 to -€2,849
- Other operating charges -€5,329
down €5,329 (-88.9%), from €5,994 to €665
- Taxes -€4,317
no longer reported in 2026 (was €4,317)
- Depreciation -€1,117
down €1,117 (-9.2%), from €12,073 to €10,956
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€8,003
Gross operating margin
-€33,135
Depreciation
+€1,117
Other operating charges
+€5,329
Financial income
-€101
Financial charges
+€0
Taxes
+€4,317
Result 2026
-€14,470
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
€0
Investment
€0
Financing
€0
Cash 2025
€95,846
From operations (derived)
€0
Net result for the year
-€14,470
Depreciation
+€10,956
Deferred charges and accrued income
-€43
Trade debts
+€7,859
Tax, wage and social debts
-€4,302
Cash 2026
€95,846
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,708 | €269,795 | -€10,913 | -3.9% |
| Fixed assets | 21/28 | €183,554 | €172,598 | -€10,956 | -6.0% |
| Tangible fixed assets | 22/27 | €183,554 | €172,598 | -€10,956 | -6.0% |
| Land and buildings | 22 | €183,452 | €172,598 | -€10,855 | -5.9% |
| Furniture and vehicles | 24 | €102 | - | -€102 | |
| Current assets | 29/58 | €97,154 | €97,197 | +€43 | 0.0% |
| Cash at bank and in hand | 54/58 | €95,846 | €95,846 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,309 | €1,351 | +€43 | +3.3% |
| Total equity and liabilities | 10/49 | €280,708 | €269,795 | -€10,913 | -3.9% |
| Equity | 10/15 | €230,104 | €215,634 | -€14,470 | -6.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €54,540 | €54,540 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €48,343 | €48,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,590 | €99,120 | -€14,470 | -12.7% |
| Provisions and deferred taxes | 16 | €33,990 | €33,990 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €33,990 | €33,990 | = | 0.0% |
| Major repairs and maintenance | 162 | €33,990 | €33,990 | = | 0.0% |
| Amounts payable | 17/49 | €16,614 | €20,171 | +€3,557 | +21.4% |
| Amounts payable within one year | 42/48 | €16,614 | €20,171 | +€3,557 | +21.4% |
| Trade debts | 44 | €12,312 | €20,170 | +€7,859 | +63.8% |
| Suppliers | 440/4 | €12,312 | €20,170 | +€7,859 | +63.8% |
| Taxes, remuneration and social security | 45 | €4,302 | €0 | -€4,302 | -100.0% |
| Taxes | 450/3 | €4,302 | €0 | -€4,302 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,073 | €10,956 | -€1,117 | -9.2% |
| Other operating charges | 640/8 | €5,994 | €665 | -€5,329 | -88.9% |
| Gross operating margin | 9900 | €30,286 | -€2,849 | -€33,135 | |
| Operating profit (loss) | 9901 | €12,219 | -€14,470 | -€26,689 | |
| Financial income | 75/76B | €101 | - | -€101 | |
| Recurring financial income | 75 | €101 | - | -€101 | |
| Financial charges | 65/66B | €0 | - | -€0 | |
| Recurring financial charges | 65 | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €12,320 | -€14,470 | -€26,790 | |
| Income taxes | 67/77 | €4,317 | - | -€4,317 | |
| Profit (loss) for the period | 9904 | €8,003 | -€14,470 | -€22,473 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,003 | -€14,470 | -€22,473 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.