KARANTE: 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.
KARANTE
Largest movements
- Receivables within one year +€46,995
up €46,995 (+15.4%), from €304,915 to €351,910
- Tangible fixed assets +€25,362
up €25,362 (+741.4%), from €3,421 to €28,783
- Deferred charges and accrued income +€4,411
up €4,411 (+31.5%), from €13,993 to €18,404
- Profit (loss) carried forward +€76,080
up €76,080 (+24.2%), from €314,570 to €390,650
- Gross operating margin -€23,889
down €23,889 (-20.8%), from €114,929 to €91,040
- Financial income -€15,068
down €15,068 (-46.3%), from €32,539 to €17,471
- Taxes -€5,337
down €5,337 (-16.8%), from €31,818 to €26,481
- Depreciation -€1,485
down €1,485 (-26.5%), from €5,600 to €4,115
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 | €345,698 | €420,626 | +€74,928 | +21.7% |
| Fixed assets | 21/28 | €19,835 | €45,197 | +€25,362 | +127.9% |
| Tangible fixed assets | 22/27 | €3,421 | €28,783 | +€25,362 | +741.4% |
| Furniture and vehicles | 24 | €3,421 | €28,783 | +€25,362 | +741.4% |
| Financial fixed assets | 28 | €16,414 | €16,414 | = | 0.0% |
| Current assets | 29/58 | €325,863 | €375,429 | +€49,566 | +15.2% |
| Amounts receivable within one year | 40/41 | €304,915 | €351,910 | +€46,995 | +15.4% |
| Other amounts receivable | 41 | €304,915 | €351,910 | +€46,995 | +15.4% |
| Cash at bank and in hand | 54/58 | €6,955 | €5,115 | -€1,840 | -26.5% |
| Deferred charges and accrued income | 490/1 | €13,993 | €18,404 | +€4,411 | +31.5% |
| Total equity and liabilities | 10/49 | €345,698 | €420,626 | +€74,928 | +21.7% |
| Equity | 10/15 | €322,630 | €398,710 | +€76,080 | +23.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €314,570 | €390,650 | +€76,080 | +24.2% |
| Amounts payable | 17/49 | €23,068 | €21,916 | -€1,152 | -5.0% |
| Amounts payable within one year | 42/48 | €23,068 | €21,916 | -€1,152 | -5.0% |
| Financial debts | 43 | €8,333 | €8,383 | +€50 | +0.6% |
| Credit institutions | 430/8 | €8,333 | €8,383 | +€50 | +0.6% |
| Trade debts | 44 | €2,307 | €3,834 | +€1,527 | +66.2% |
| Suppliers | 440/4 | €2,307 | €3,834 | +€1,527 | +66.2% |
| Taxes, remuneration and social security | 45 | €12,428 | €9,699 | -€2,729 | -22.0% |
| Taxes | 450/3 | €8,444 | €9,699 | +€1,255 | +14.9% |
| Remuneration and social security | 454/9 | €3,984 | - | -€3,984 | |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,600 | €4,115 | -€1,485 | -26.5% |
| Other operating charges | 640/8 | €1,508 | €1,140 | -€368 | -24.4% |
| Gross operating margin | 9900 | €114,929 | €91,040 | -€23,889 | -20.8% |
| Operating profit (loss) | 9901 | €107,821 | €85,785 | -€22,036 | -20.4% |
| Financial income | 75/76B | €32,539 | €17,471 | -€15,068 | -46.3% |
| Recurring financial income | 75 | €32,539 | €17,471 | -€15,068 | -46.3% |
| Financial charges | 65/66B | €738 | €696 | -€42 | -5.7% |
| Recurring financial charges | 65 | €738 | €696 | -€42 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €139,622 | €102,560 | -€37,062 | -26.5% |
| Income taxes | 67/77 | €31,818 | €26,481 | -€5,337 | -16.8% |
| Profit (loss) for the period | 9904 | €107,804 | €76,079 | -€31,725 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,804 | €76,079 | -€31,725 | -29.4% |
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 28 September 2026 via checked.be.