Karam: 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.
Karam
Largest movements
- Receivables within one year +€51,653
up €51,653 (+164.6%), from €31,372 to €83,025
of which Trade receivables: +€47,198
- Deferred charges and accrued income -€2,202
no longer reported in 2024 (was €2,202)
- Cash -€1,940
down €1,940 (-99.2%), from €1,957 to €16
mainly Receivables within one year (-€51,653) and Contributions, distributions and other (-€8,817)
- Total equity and liabilities +€47,511
up €47,511 (+120.0%), from €39,580 to €87,091
of which Debts: +€38,794
- Gross operating margin +€14,103
up €14,103, from -€1,592 to €12,511
- Financial charges +€3,112
up €3,112 (+24898.5%), from €13 to €3,125
- Other operating charges +€450
new in 2024: €450
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,580 | €87,091 | +€47,511 | +120.0% |
| Current assets | 29/58 | €39,580 | €87,091 | +€47,511 | +120.0% |
| Stocks and contracts in progress | 3 | €4,050 | €4,050 | = | 0.0% |
| Stocks | 30/36 | €4,050 | €4,050 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,372 | €83,025 | +€51,653 | +164.6% |
| Trade receivables | 40 | €30,882 | €78,080 | +€47,198 | +152.8% |
| Other amounts receivable | 41 | €22,627 | €4,945 | -€17,682 | -78.1% |
| Cash at bank and in hand | 54/58 | €1,957 | €16 | -€1,940 | -99.2% |
| Deferred charges and accrued income | 490/1 | €2,202 | - | -€2,202 | |
| Total equity and liabilities | 10/49 | €39,580 | €87,091 | +€47,511 | +120.0% |
| Equity | 10/15 | -€1,405 | €9,514 | +€10,919 | |
| Contributions | 10/11 | €200 | €100 | -€100 | -50.0% |
| Profit (loss) carried forward | 14 | -€1,605 | €9,414 | +€11,019 | |
| Amounts payable | 17/49 | €38,783 | €77,577 | +€38,794 | +100.0% |
| Amounts payable within one year | 42/48 | €38,783 | €76,477 | +€37,694 | +97.2% |
| Trade debts | 44 | €14,783 | €76,284 | +€61,501 | +416.0% |
| Suppliers | 440/4 | €14,783 | €76,284 | +€61,501 | +416.0% |
| Taxes, remuneration and social security | 45 | - | €193 | +€193 | |
| Taxes | 450/3 | - | €193 | +€193 | |
| Other amounts payable | 47/48 | €24,000 | - | -€24,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Other operating charges | 640/8 | - | €450 | +€450 | |
| Gross operating margin | 9900 | -€1,592 | €12,511 | +€14,103 | |
| Operating profit (loss) | 9901 | -€1,592 | €12,061 | +€13,653 | |
| Financial charges | 65/66B | €13 | €3,125 | +€3,112 | +24898.5% |
| Recurring financial charges | 65 | €13 | €3,125 | +€3,112 | +24898.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,605 | €8,937 | +€10,541 | |
| Income taxes | 67/77 | - | €119 | +€119 | |
| Profit (loss) for the period | 9904 | -€1,605 | €8,817 | +€10,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,605 | €8,817 | +€10,422 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.