KARAKOL: 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.
KARAKOL
Largest movements
- Tangible fixed assets +€26,486
up €26,486 (+2330.4%), from €1,137 to €27,622
- Receivables within one year +€6,181
up €6,181 (+316.2%), from €1,955 to €8,136
- Stocks and contracts +€970
up €970 (+108.4%), from €895 to €1,865
- Cash +€837
up €837 (+41.2%), from €2,033 to €2,870
mainly Other debts (+€29,500) and Depreciation (+€5,066)
- Other debts +€29,500
up €29,500 (+1374.0%), from €2,147 to €31,647
- Profit (loss) carried forward +€4,212
up €4,212 (+12.4%), from -€33,962 to -€29,750
- Trade debts +€422
up €422 (+795.3%), from €53 to €475
- Gross operating margin +€4,776
up €4,776 (+90.0%), from €5,309 to €10,085
- Depreciation +€4,498
up €4,498 (+791.6%), from €568 to €5,066
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 | €6,855 | €40,989 | +€34,134 | +498.0% |
| Fixed assets | 21/28 | €1,137 | €27,622 | +€26,486 | +2330.4% |
| Tangible fixed assets | 22/27 | €1,137 | €27,622 | +€26,486 | +2330.4% |
| Furniture and vehicles | 24 | €1,137 | €27,622 | +€26,486 | +2330.4% |
| Current assets | 29/58 | €5,718 | €13,367 | +€7,648 | +133.8% |
| Stocks and contracts in progress | 3 | €895 | €1,865 | +€970 | +108.4% |
| Stocks | 30/36 | €895 | €1,865 | +€970 | +108.4% |
| Amounts receivable within one year | 40/41 | €1,955 | €8,136 | +€6,181 | +316.2% |
| Other amounts receivable | 41 | €1,955 | €8,136 | +€6,181 | +316.2% |
| Cash at bank and in hand | 54/58 | €2,033 | €2,870 | +€837 | +41.2% |
| Deferred charges and accrued income | 490/1 | €836 | €495 | -€340 | -40.7% |
| Total equity and liabilities | 10/49 | €6,855 | €40,989 | +€34,134 | +498.0% |
| Equity | 10/15 | -€15,362 | -€11,150 | +€4,212 | +27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,962 | -€29,750 | +€4,212 | +12.4% |
| Amounts payable | 17/49 | €22,217 | €52,139 | +€29,922 | +134.7% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,217 | €32,139 | +€29,922 | +1349.9% |
| Trade debts | 44 | €53 | €475 | +€422 | +795.3% |
| Suppliers | 440/4 | €53 | €475 | +€422 | +795.3% |
| Taxes, remuneration and social security | 45 | €16 | €16 | = | 0.0% |
| Taxes | 450/3 | €16 | €16 | = | 0.0% |
| Other amounts payable | 47/48 | €2,147 | €31,647 | +€29,500 | +1374.0% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €568 | €5,066 | +€4,498 | +791.6% |
| Other operating charges | 640/8 | €218 | €222 | +€4 | +1.7% |
| Gross operating margin | 9900 | €5,309 | €10,085 | +€4,776 | +90.0% |
| Operating profit (loss) | 9901 | €4,135 | €4,398 | +€262 | +6.3% |
| Financial income | 75/76B | €0 | €7 | +€7 | +72500.0% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +72500.0% |
| Financial charges | 65/66B | €170 | €193 | +€23 | +13.7% |
| Recurring financial charges | 65 | €170 | €193 | +€23 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €3,965 | €4,212 | +€246 | +6.2% |
| Profit (loss) for the period | 9904 | €3,965 | €4,212 | +€246 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,965 | €4,212 | +€246 | +6.2% |
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 12 October 2026 via checked.be.