KARANFIL 1: 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.
KARANFIL 1
Largest movements
- Receivables within one year +€8,122
up €8,122 (+22.8%), from €35,645 to €43,767
of which Other amounts receivable: +€4,856
- Cash +€6,894
up €6,894 (+25.5%), from €27,077 to €33,972
mainly Other debts (+€9,265) and Net result for the year (+€9,264)
- Other debts +€9,265
up €9,265 (+7.3%), from €127,095 to €136,360
- Profit (loss) carried forward +€9,264
up €9,264 (+12.2%), from -€75,710 to -€66,446
- Trade debts -€3,363
no longer reported in 2025 (was €3,363)
- Purchases and services -€17,653
down €17,653 (-16.3%), from €108,337 to €90,684
- Gross operating margin +€14,188
up €14,188, from -€3,121 to €11,067
- Turnover -€3,466
down €3,466 (-3.3%), from €105,217 to €101,751
- Taxes -€1,292
no longer reported in 2025 (was €1,292)
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 | €81,831 | €96,997 | +€15,166 | +18.5% |
| Current assets | 29/58 | €81,831 | €96,997 | +€15,166 | +18.5% |
| Stocks and contracts in progress | 3 | €19,108 | €19,258 | +€150 | +0.8% |
| Stocks | 30/36 | €19,108 | €19,258 | +€150 | +0.8% |
| Amounts receivable within one year | 40/41 | €35,645 | €43,767 | +€8,122 | +22.8% |
| Trade receivables | 40 | €35,350 | €38,616 | +€3,266 | +9.2% |
| Other amounts receivable | 41 | €295 | €5,151 | +€4,856 | +1,645% |
| Cash at bank and in hand | 54/58 | €27,077 | €33,972 | +€6,894 | +25.5% |
| Total equity and liabilities | 10/49 | €81,831 | €96,997 | +€15,166 | +18.5% |
| Equity | 10/15 | -€48,627 | -€39,363 | +€9,264 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,883 | €20,883 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €20,683 | €20,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,710 | -€66,446 | +€9,264 | +12.2% |
| Amounts payable | 17/49 | €130,458 | €136,360 | +€5,903 | +4.5% |
| Amounts payable within one year | 42/48 | €130,458 | €136,360 | +€5,903 | +4.5% |
| Trade debts | 44 | €3,363 | - | -€3,363 | |
| Suppliers | 440/4 | €3,363 | - | -€3,363 | |
| Other amounts payable | 47/48 | €127,095 | €136,360 | +€9,265 | +7.3% |
| Turnover | 70 | €105,217 | €101,751 | -€3,466 | -3.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €108,337 | €90,684 | -€17,653 | -16.3% |
| Other operating charges | 640/8 | €1,991 | €1,564 | -€427 | -21.5% |
| Gross operating margin | 9900 | -€3,121 | €11,067 | +€14,188 | |
| Operating profit (loss) | 9901 | -€5,112 | €9,503 | +€14,615 | |
| Financial charges | 65/66B | €40 | €239 | +€200 | +501% |
| Recurring financial charges | 65 | €40 | €239 | +€200 | +501% |
| Profit (loss) for the period before taxes | 9903 | -€5,152 | €9,264 | +€14,415 | |
| Income taxes | 67/77 | €1,292 | - | -€1,292 | |
| Profit (loss) for the period | 9904 | -€6,443 | €9,264 | +€15,707 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,443 | €9,264 | +€15,707 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.