KARANBHATIA: 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.
KARANBHATIA
Largest movements
- Receivables within one year -€7,286
down €7,286 (-42.7%), from €17,068 to €9,782
of which Trade receivables: -€4,000
- Stocks and contracts +€2,461
up €2,461 (+27.2%), from €9,062 to €11,523
- Cash +€354
up €354 (+823.1%), from €43 to €397
mainly Receivables within one year (+€7,286) and Accrued charges and deferred income (+€528)
- Profit (loss) carried forward -€3,659
down €3,659 (-44.8%), from -€8,160 to -€11,819
- Short-term financial debts -€1,167
down €1,167 (-16.6%), from €7,010 to €5,843
- Accrued charges and deferred income +€528
new in 2025: €528
- Staff costs -€16,648
no longer reported in 2025 (was €16,648)
- Gross operating margin -€15,666
down €15,666, from €14,703 to -€962
- Financial charges +€1,430
new in 2025: €1,430
- Other operating charges +€229
up €229 (+25.5%), from €895 to €1,124
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 | €26,173 | €21,703 | -€4,471 | -17.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €26,173 | €21,703 | -€4,471 | -17.1% |
| Stocks and contracts in progress | 3 | €9,062 | €11,523 | +€2,461 | +27.2% |
| Stocks | 30/36 | €9,062 | €11,523 | +€2,461 | +27.2% |
| Amounts receivable within one year | 40/41 | €17,068 | €9,782 | -€7,286 | -42.7% |
| Trade receivables | 40 | €13,000 | €9,000 | -€4,000 | -30.8% |
| Other amounts receivable | 41 | €4,068 | €782 | -€3,286 | -80.8% |
| Cash at bank and in hand | 54/58 | €43 | €397 | +€354 | +823.1% |
| Total equity and liabilities | 10/49 | €26,173 | €21,703 | -€4,471 | -17.1% |
| Equity | 10/15 | €5,790 | €2,131 | -€3,659 | -63.2% |
| Contributions | 10/11 | €13,950 | €13,950 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,160 | -€11,819 | -€3,659 | -44.8% |
| Amounts payable | 17/49 | €20,383 | €19,572 | -€811 | -4.0% |
| Amounts payable within one year | 42/48 | €20,383 | €19,043 | -€1,340 | -6.6% |
| Financial debts | 43 | €7,010 | €5,843 | -€1,167 | -16.6% |
| Credit institutions | 430/8 | €7,010 | €5,843 | -€1,167 | -16.6% |
| Trade debts | 44 | €12,693 | €12,590 | -€103 | -0.8% |
| Suppliers | 440/4 | €12,693 | €12,590 | -€103 | -0.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €680 | €610 | -€70 | -10.3% |
| Accrued charges and deferred income | 492/3 | - | €528 | +€528 | |
| Remuneration, social security and pensions | 62 | €16,648 | - | -€16,648 | |
| Other operating charges | 640/8 | €895 | €1,124 | +€229 | +25.5% |
| Gross operating margin | 9900 | €14,703 | -€962 | -€15,666 | |
| Operating profit (loss) | 9901 | -€2,840 | -€2,086 | +€754 | +26.5% |
| Financial charges | 65/66B | - | €1,430 | +€1,430 | |
| Recurring financial charges | 65 | - | €1,430 | +€1,430 | |
| Profit (loss) for the period before taxes | 9903 | -€2,840 | -€3,517 | -€676 | -23.8% |
| Income taxes | 67/77 | €248 | €143 | -€105 | -42.5% |
| Profit (loss) for the period | 9904 | -€3,088 | -€3,659 | -€571 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,088 | -€3,659 | -€571 | -18.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.