KARAN LOGISTICS: 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.
KARAN LOGISTICS
Largest movements
- Cash +€83,199
up €83,199 (+27786.6%), from €299 to €83,498
mainly Net result for the year (+€54,522) and Trade debts (+€37,835)
- Financial fixed assets +€28,500
up €28,500 (+1900.0%), from €1,500 to €30,000
- Receivables within one year +€21,779
up €21,779 (+88.2%), from €24,680 to €46,459
- Profit (loss) carried forward +€54,522
up €54,522 (+1258.4%), from €4,333 to €58,854
- Trade debts +€37,835
up €37,835 (+1489.4%), from €2,540 to €40,376
- Tax, wage and social debts +€36,733
up €36,733 (+797.4%), from €4,606 to €41,339
of which Taxes: +€26,417
- Other debts +€5,032
new in 2025: €5,032
- Gross operating margin +€75,636
up €75,636 (+371.2%), from €20,377 to €96,013
- Staff costs +€21,246
new in 2025: €21,246
- Taxes +€12,482
up €12,482 (+1059.8%), from €1,178 to €13,660
- Other operating charges -€8,432
down €8,432 (-59.8%), from €14,108 to €5,676
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 | €26,479 | €160,601 | +€134,122 | +506.5% |
| Fixed assets | 21/28 | €1,500 | €30,000 | +€28,500 | +1900.0% |
| Financial fixed assets | 28 | €1,500 | €30,000 | +€28,500 | +1900.0% |
| Current assets | 29/58 | €24,979 | €130,601 | +€105,622 | +422.8% |
| Amounts receivable within one year | 40/41 | €24,680 | €46,459 | +€21,779 | +88.2% |
| Trade receivables | 40 | €24,680 | €46,459 | +€21,779 | +88.2% |
| Cash at bank and in hand | 54/58 | €299 | €83,498 | +€83,199 | +27786.6% |
| Deferred charges and accrued income | 490/1 | - | €644 | +€644 | |
| Total equity and liabilities | 10/49 | €26,479 | €160,601 | +€134,122 | +506.5% |
| Equity | 10/15 | €19,333 | €73,854 | +€54,522 | +282.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,333 | €58,854 | +€54,522 | +1258.4% |
| Amounts payable | 17/49 | €7,147 | €86,747 | +€79,600 | +1113.8% |
| Amounts payable within one year | 42/48 | €7,147 | €86,747 | +€79,600 | +1113.8% |
| Trade debts | 44 | €2,540 | €40,376 | +€37,835 | +1489.4% |
| Suppliers | 440/4 | €2,540 | €40,376 | +€37,835 | +1489.4% |
| Taxes, remuneration and social security | 45 | €4,606 | €41,339 | +€36,733 | +797.4% |
| Taxes | 450/3 | €4,606 | €31,023 | +€26,417 | +573.5% |
| Remuneration and social security | 454/9 | - | €10,316 | +€10,316 | |
| Other amounts payable | 47/48 | - | €5,032 | +€5,032 | |
| Remuneration, social security and pensions | 62 | - | €21,246 | +€21,246 | |
| Other operating charges | 640/8 | €14,108 | €5,676 | -€8,432 | -59.8% |
| Gross operating margin | 9900 | €20,377 | €96,013 | +€75,636 | +371.2% |
| Operating profit (loss) | 9901 | €6,269 | €69,091 | +€62,821 | +1002.0% |
| Financial income | 75/76B | €1 | €4 | +€4 | +556.7% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +556.7% |
| Financial charges | 65/66B | €760 | €913 | +€154 | +20.3% |
| Recurring financial charges | 65 | €760 | €913 | +€154 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €5,510 | €68,182 | +€62,671 | +1137.3% |
| Income taxes | 67/77 | €1,178 | €13,660 | +€12,482 | +1059.8% |
| Profit (loss) for the period | 9904 | €4,333 | €54,522 | +€50,189 | +1158.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,333 | €54,522 | +€50,189 | +1158.4% |
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 6 October 2026 via checked.be.