KARALA: 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.
KARALA
Largest movements
- Cash -€89,337
down €89,337 (-59.3%), from €150,585 to €61,249
mainly Tax, wage and social debts (-€32,308) and Net result for the year (-€29,998)
- Tax, wage and social debts -€32,308
down €32,308 (-64.3%), from €50,223 to €17,915
- Profit (loss) carried forward -€29,998
new in 2025: -€29,998
- Other debts -€26,331
down €26,331 (-69.6%), from €37,840 to €11,509
- Gross operating margin -€122,887
down €122,887, from €88,776 to -€34,111
- Taxes -€15,658
down €15,658 (-99.2%), from €15,790 to €132
- Depreciation -€8,184
down €8,184 (-86.1%), from €9,507 to €1,323
- Financial income +€4,575
up €4,575 (+173.2%), from €2,642 to €7,217
- Financial charges -€1,913
down €1,913 (-67.0%), from €2,855 to €941
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 | €351,017 | €261,760 | -€89,257 | -25.4% |
| Fixed assets | 21/28 | €3,342 | €2,019 | -€1,323 | -39.6% |
| Tangible fixed assets | 22/27 | €3,342 | €2,019 | -€1,323 | -39.6% |
| Plant, machinery and equipment | 23 | €2,553 | €2,019 | -€534 | -20.9% |
| Furniture and vehicles | 24 | €789 | - | -€789 | |
| Current assets | 29/58 | €347,675 | €259,741 | -€87,934 | -25.3% |
| Amounts receivable within one year | 40/41 | €1,059 | €2,407 | +€1,348 | +127.3% |
| Trade receivables | 40 | €1,059 | - | -€1,059 | |
| Other amounts receivable | 41 | - | €2,407 | +€2,407 | |
| Current investments | 50/53 | €195,000 | €195,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,585 | €61,249 | -€89,337 | -59.3% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,086 | +€55 | +5.4% |
| Total equity and liabilities | 10/49 | €351,017 | €261,760 | -€89,257 | -25.4% |
| Equity | 10/15 | €262,010 | €232,012 | -€29,998 | -11.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €258,010 | €258,010 | = | 0.0% |
| Distributable reserves | 133 | €258,010 | €258,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,998 | -€29,998 | |
| Amounts payable | 17/49 | €89,006 | €29,748 | -€59,259 | -66.6% |
| Amounts payable within one year | 42/48 | €89,006 | €29,748 | -€59,259 | -66.6% |
| Trade debts | 44 | €943 | €324 | -€620 | -65.7% |
| Suppliers | 440/4 | €943 | €324 | -€620 | -65.7% |
| Taxes, remuneration and social security | 45 | €50,223 | €17,915 | -€32,308 | -64.3% |
| Taxes | 450/3 | €50,223 | €17,915 | -€32,308 | -64.3% |
| Other amounts payable | 47/48 | €37,840 | €11,509 | -€26,331 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,507 | €1,323 | -€8,184 | -86.1% |
| Other operating charges | 640/8 | €749 | €708 | -€41 | -5.5% |
| Gross operating margin | 9900 | €88,776 | -€34,111 | -€122,887 | |
| Operating profit (loss) | 9901 | €78,521 | -€36,142 | -€114,663 | |
| Financial income | 75/76B | €2,642 | €7,217 | +€4,575 | +173.2% |
| Recurring financial income | 75 | €2,642 | €7,217 | +€4,575 | +173.2% |
| Financial charges | 65/66B | €2,855 | €941 | -€1,913 | -67.0% |
| Recurring financial charges | 65 | €2,855 | €941 | -€1,913 | -67.0% |
| Profit (loss) for the period before taxes | 9903 | €78,308 | -€29,866 | -€108,174 | |
| Income taxes | 67/77 | €15,790 | €132 | -€15,658 | -99.2% |
| Profit (loss) for the period | 9904 | €62,518 | -€29,998 | -€92,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,518 | -€29,998 | -€92,517 |
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 5 October 2026 via checked.be.