KARAMA SOLIDARITY: what changed
What changed
KARAMA SOLIDARITY
NACE 47.792, Retail sale of second-hand clothing
filed annual accounts (NBB)
Net result for the year
€3.3m
2024 · €4.3m-€926,105
Equity
€19.3m
2024 · €16.1m+€3.2m
Cash
€20.2m
2024 · €15.4m+€4.7m
Balance sheet total
€21.4m
2024 · €16.7m+€4.7m
Largest movements
Assets
- Cash +€4.7m
up €4.7m (+30.6%), from €15.4m to €20.2m
mainly Net result for the year (+€3.3m) and Debts within one year (+€1.5m)
Equity and liabilities
- Profit (loss) carried forward +€2.5m
up €2.5m (+434%), from €575,362 to €3.1m
- Debts within one year +€1.5m
up €1.5m (+245%), from €610,765 to €2.1m
- Reserves +€668,481
up €668,481 (+4.6%), from €14.5m to €15.2m
Income statement
- Other operating charges +€717,863
up €717,863 (+10.6%), from €6.8m to €7.5m
- Services and other goods -€166,216
down €166,216 (-15.4%), from €1.1m to €915,146
- Staff costs +€114,020
up €114,020 (+15.0%), from €762,368 to €876,388
- Financial charges +€59,302
up €59,302 (+24.8%), from €238,858 to €298,160
- Other operating income +€27,594
up €27,594 (+228%), from €12,083 to €39,678
Change in the result, 2024 to 2025
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 2024
€4.3m
Turnover
+€1,684
Other operating income
+€27,594
Services and other goods
+€166,216
Staff costs
-€114,020
Depreciation
+€2,982
Other operating charges
-€717,863
Other operating items
-€217,468
Financial income
-€18,143
Financial charges
-€59,302
Taxes
+€2,214
Result 2025
€3.3m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.9m
Investment
-€23,471
Financing
-€174,655
Cash 2024
€15.4m
From operations (derived)
+€4.9m
Net result for the year
+€3.3m
Depreciation
+€51,713
Receivables within one year
-€10,915
Deferred charges and accrued income
+€44,491
Smaller working-capital items
+€2,209
Debts within one year
+€1.5m
Investment (derived)
-€23,471
Investment in fixed assets (net)
-€23,471
Financing
-€174,655
Contributions, distributions and other
-€174,655
Cash 2025
€20.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,723,870 | €21,389,552 | +€4.7m | +27.9% |
| Fixed assets | 21/28 | €1,183,498 | €1,155,257 | -€28,241 | -2.4% |
| Intangible fixed assets | 21 | €40,885 | €50,610 | +€9,724 | +23.8% |
| Tangible fixed assets | 22/27 | €1,140,191 | €1,102,226 | -€37,966 | -3.3% |
| Land and buildings | 22 | €1,051,214 | €1,021,077 | -€30,136 | -2.9% |
| Plant, machinery and equipment | 23 | €51,378 | €50,189 | -€1,189 | -2.3% |
| Furniture and vehicles | 24 | €37,600 | €30,960 | -€6,640 | -17.7% |
| Financial fixed assets | 28 | €2,422 | €2,422 | = | 0.0% |
| Affiliated companies | 280/1 | - | €2,422 | +€2,422 | |
| Participating interests | 280 | - | €2,422 | +€2,422 | |
| Other financial fixed assets | 284/8 | €2,422 | - | -€2,422 | |
| Amounts receivable and cash guarantees | 285/8 | €2,422 | - | -€2,422 | |
| Current assets | 29/58 | €15,540,372 | €20,234,295 | +€4.7m | +30.2% |
| Amounts receivable within one year | 40/41 | €47,386 | €58,301 | +€10,915 | +23.0% |
| Trade receivables | 40 | €41,870 | €38,700 | -€3,170 | -7.6% |
| Other amounts receivable | 41 | €5,516 | €19,601 | +€14,085 | +255% |
| Cash at bank and in hand | 54/58 | €15,438,251 | €20,165,750 | +€4.7m | +30.6% |
| Deferred charges and accrued income | 490/1 | €54,735 | €10,244 | -€44,491 | -81.3% |
| Total equity and liabilities | 10/49 | €16,723,870 | €21,389,552 | +€4.7m | +27.9% |
| Equity | 10/15 | €16,107,466 | €19,272,999 | +€3.2m | +19.7% |
| Revaluation surpluses | 12 | €1,036,262 | €1,036,262 | = | 0.0% |
| Reserves | 13 | €14,495,842 | €15,164,322 | +€668,481 | +4.6% |
| Profit (loss) carried forward | 14 | €575,362 | €3,072,414 | +€2.5m | +434% |
| Provisions and deferred taxes | 16 | - | €7,849 | +€7,849 | |
| Provisions for liabilities and charges | 160/5 | - | €7,849 | +€7,849 | |
| Major repairs and maintenance | 162 | - | €7,849 | +€7,849 | |
| Amounts payable | 17/49 | €616,405 | €2,108,705 | +€1.5m | +242% |
| Amounts payable within one year | 42/48 | €610,765 | €2,108,705 | +€1.5m | +245% |
| Trade debts | 44 | €43,026 | €36,994 | -€6,032 | -14.0% |
| Suppliers | 440/4 | €43,026 | €36,994 | -€6,032 | -14.0% |
| Taxes, remuneration and social security | 45 | €86,006 | €88,922 | +€2,916 | +3.4% |
| Remuneration and social security | 454/9 | €86,006 | €88,922 | +€2,916 | +3.4% |
| Accrued charges and deferred income | 492/3 | €5,639 | - | -€5,639 | |
| Operating income | 70/76A | €13,180,353 | €12,998,482 | -€181,871 | -1.4% |
| Turnover | 70 | €5,425 | €7,109 | +€1,684 | +31.0% |
| Membership fees, donations, legacies and grants | 73 | €13,162,845 | €12,951,696 | -€211,150 | -1.6% |
| Other operating income | 74 | €12,083 | €39,678 | +€27,594 | +228% |
| Operating charges | 60/66A | €8,691,131 | €9,360,134 | +€669,003 | +7.7% |
| Services and other goods | 61 | €1,081,362 | €915,146 | -€166,216 | -15.4% |
| Remuneration, social security and pensions | 62 | €762,368 | €876,388 | +€114,020 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,695 | €51,713 | -€2,982 | -5.5% |
| Other operating charges | 640/8 | €6,786,990 | €7,504,852 | +€717,863 | +10.6% |
| Non-recurring operating charges | 66A | €5,716 | €12,035 | +€6,319 | +111% |
| Operating profit (loss) | 9901 | €4,489,223 | €3,638,348 | -€850,874 | -19.0% |
| Financial income | 75/76B | €18,143 | €0 | -€18,143 | -100% |
| Recurring financial income | 75 | €18,143 | €0 | -€18,143 | -100% |
| Other financial income | 752/9 | €18,143 | €0 | -€18,143 | -100% |
| Financial charges | 65/66B | €238,858 | €298,160 | +€59,302 | +24.8% |
| Recurring financial charges | 65 | €238,858 | €298,160 | +€59,302 | +24.8% |
| Debt charges | 650 | €2,372 | €206,802 | +€204,430 | +8,618% |
| Other financial charges | 652/9 | €236,486 | €91,359 | -€145,128 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €4,268,507 | €3,340,188 | -€928,319 | -21.7% |
| Income taxes | 67/77 | €2,214 | - | -€2,214 | |
| Taxes | 670/3 | €2,214 | - | -€2,214 | |
| Profit (loss) for the period | 9904 | €4,266,293 | €3,340,188 | -€926,105 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,266,293 | €3,340,188 | -€926,105 | -21.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.