KARAMEL: 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.
KARAMEL
Largest movements
- Cash +€7,914
up €7,914 (+7.2%), from €109,644 to €117,558
mainly Receivables within one year (+€3,995) and Other debts (+€3,241)
- Receivables within one year -€3,995
down €3,995 (-84.2%), from €4,742 to €747
- Tangible fixed assets -€2,195
down €2,195 (-44.7%), from €4,910 to €2,716
of which Furniture and vehicles: -€1,515
- Other debts +€3,241
up €3,241 (+197.2%), from €1,644 to €4,884
- Profit (loss) carried forward -€2,955
down €2,955 (-9.6%), from €30,733 to €27,777
- Gross operating margin +€1,125
up €1,125 (+75.2%), from -€1,495 to -€370
- Depreciation -€623
down €623 (-22.1%), from €2,817 to €2,195
- Financial income +€234
up €234 (+64.9%), from €360 to €594
- Other operating charges -€109
down €109 (-12.9%), from €842 to €733
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 | €121,352 | €122,845 | +€1,493 | +1.2% |
| Fixed assets | 21/28 | €4,910 | €2,716 | -€2,195 | -44.7% |
| Tangible fixed assets | 22/27 | €4,910 | €2,716 | -€2,195 | -44.7% |
| Furniture and vehicles | 24 | €3,772 | €2,257 | -€1,515 | -40.2% |
| Other tangible fixed assets | 26 | €1,138 | €459 | -€680 | -59.7% |
| Current assets | 29/58 | €116,441 | €120,129 | +€3,688 | +3.2% |
| Amounts receivable within one year | 40/41 | €4,742 | €747 | -€3,995 | -84.2% |
| Trade receivables | 40 | €4,742 | €747 | -€3,995 | -84.2% |
| Cash at bank and in hand | 54/58 | €109,644 | €117,558 | +€7,914 | +7.2% |
| Deferred charges and accrued income | 490/1 | €2,056 | €1,824 | -€232 | -11.3% |
| Total equity and liabilities | 10/49 | €121,352 | €122,845 | +€1,493 | +1.2% |
| Equity | 10/15 | €118,173 | €115,217 | -€2,955 | -2.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €66,980 | €66,980 | = | 0.0% |
| Distributable reserves | 133 | €66,980 | €66,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,733 | €27,777 | -€2,955 | -9.6% |
| Amounts payable | 17/49 | €3,179 | €7,627 | +€4,449 | +139.9% |
| Amounts payable within one year | 42/48 | €3,179 | €7,627 | +€4,449 | +139.9% |
| Trade debts | 44 | €376 | €1,442 | +€1,066 | +283.5% |
| Suppliers | 440/4 | €376 | €1,442 | +€1,066 | +283.5% |
| Taxes, remuneration and social security | 45 | €1,159 | €1,301 | +€142 | +12.2% |
| Taxes | 450/3 | €1,159 | €1,301 | +€142 | +12.2% |
| Other amounts payable | 47/48 | €1,644 | €4,884 | +€3,241 | +197.2% |
| Non-recurring operating income | 76A | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,817 | €2,195 | -€623 | -22.1% |
| Other operating charges | 640/8 | €842 | €733 | -€109 | -12.9% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | -€1,495 | -€370 | +€1,125 | +75.2% |
| Operating profit (loss) | 9901 | -€5,155 | -€3,299 | +€1,856 | +36.0% |
| Financial income | 75/76B | €360 | €594 | +€234 | +64.9% |
| Recurring financial income | 75 | €360 | €594 | +€234 | +64.9% |
| Financial charges | 65/66B | €57 | €58 | +€1 | +1.9% |
| Recurring financial charges | 65 | €57 | €58 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,852 | -€2,763 | +€2,088 | +43.0% |
| Income taxes | 67/77 | €191 | €192 | +€2 | +0.8% |
| Profit (loss) for the period | 9904 | -€5,042 | -€2,955 | +€2,087 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,042 | -€2,955 | +€2,087 | +41.4% |
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 29 September 2026 via checked.be.