KARAN TRADE: what changed
Two financial 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 TRADE
Largest movements
- Stocks and contracts -€25,857
down €25,857 (-75.3%), from €34,316 to €8,459
- Receivables within one year -€15,192
down €15,192 (-93.0%), from €16,335 to €1,142
of which Trade receivables: -€8,879
- Cash -€1,541
down €1,541 (-99.4%), from €1,550 to €10
mainly Net result for the year (-€29,669) and Trade debts (-€11,505)
- Intangible fixed assets -€1,000
down €1,000 (-24.4%), from €4,101 to €3,101
- Profit (loss) carried forward -€29,669
down €29,669, from €20,342 to -€9,326
- Trade debts -€11,505
down €11,505 (-81.9%), from €14,055 to €2,550
- Debts after one year -€2,429
no longer reported in 2025 (was €2,429)
- Tax, wage and social debts +€1,689
up €1,689 (+139%), from €1,212 to €2,900
of which Remuneration and social security: +€853
- Current portion of long-term debt -€1,675
down €1,675 (-40.8%), from €4,104 to €2,429
- Turnover -€867,486
down €867,486 (-57.2%), from €1.5m to €648,534
- Purchases and services -€846,259
down €846,259 (-56.1%), from €1.5m to €661,214
- Gross operating margin -€25,763
down €25,763, from €14,284 to -€11,479
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.
Derived cash bridge
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 | €56,302 | €12,713 | -€43,589 | -77.4% |
| Fixed assets | 21/28 | €4,101 | €3,101 | -€1,000 | -24.4% |
| Intangible fixed assets | 21 | €4,101 | €3,101 | -€1,000 | -24.4% |
| Current assets | 29/58 | €52,201 | €9,612 | -€42,589 | -81.6% |
| Stocks and contracts in progress | 3 | €34,316 | €8,459 | -€25,857 | -75.3% |
| Stocks | 30/36 | €34,316 | €8,459 | -€25,857 | -75.3% |
| Amounts receivable within one year | 40/41 | €16,335 | €1,142 | -€15,192 | -93.0% |
| Trade receivables | 40 | €9,885 | €1,006 | -€8,879 | -89.8% |
| Other amounts receivable | 41 | €6,450 | €136 | -€6,313 | -97.9% |
| Cash at bank and in hand | 54/58 | €1,550 | €10 | -€1,541 | -99.4% |
| Total equity and liabilities | 10/49 | €56,302 | €12,713 | -€43,589 | -77.4% |
| Equity | 10/15 | €34,502 | €4,834 | -€29,669 | -86.0% |
| Contributions | 10/11 | €12,300 | €12,300 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,342 | -€9,326 | -€29,669 | |
| Amounts payable | 17/49 | €21,800 | €7,879 | -€13,921 | -63.9% |
| Amounts payable after more than one year | 17 | €2,429 | - | -€2,429 | |
| Financial debts | 170/4 | €2,429 | - | -€2,429 | |
| Amounts payable within one year | 42/48 | €19,371 | €7,879 | -€11,492 | -59.3% |
| Current portion of amounts payable after more than one year | 42 | €4,104 | €2,429 | -€1,675 | -40.8% |
| Trade debts | 44 | €14,055 | €2,550 | -€11,505 | -81.9% |
| Suppliers | 440/4 | €14,055 | €2,550 | -€11,505 | -81.9% |
| Taxes, remuneration and social security | 45 | €1,212 | €2,900 | +€1,689 | +139% |
| Taxes | 450/3 | €1,188 | €2,024 | +€836 | +70.4% |
| Remuneration and social security | 454/9 | €24 | €876 | +€853 | +3,619% |
| Turnover | 70 | €1,516,020 | €648,534 | -€867,486 | -57.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,507,473 | €661,214 | -€846,259 | -56.1% |
| Remuneration, social security and pensions | 62 | €7,030 | €7,098 | +€68 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €899 | €1,000 | +€101 | +11.3% |
| Other operating charges | 640/8 | €1,733 | €7,501 | +€5,768 | +333% |
| Gross operating margin | 9900 | €14,284 | -€11,479 | -€25,763 | |
| Operating profit (loss) | 9901 | €4,623 | -€27,078 | -€31,701 | |
| Financial income | 75/76B | €4 | €2 | -€2 | -44.3% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -44.3% |
| Financial charges | 65/66B | €347 | €3,362 | +€3,016 | +870% |
| Recurring financial charges | 65 | €347 | €3,362 | +€3,016 | +870% |
| Profit (loss) for the period before taxes | 9903 | €4,280 | -€30,439 | -€34,719 | |
| Income taxes | 67/77 | €1,188 | -€770 | -€1,958 | |
| Profit (loss) for the period | 9904 | €3,092 | -€29,669 | -€32,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,092 | -€29,669 | -€32,761 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.