KARASALIH: 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.
KARASALIH
Largest movements
- Stocks and contracts -€6,071
no longer reported in 2025 (was €6,071)
- Receivables within one year +€5,060
new in 2025: €5,060
- Cash +€234
up €234 (+1.9%), from €12,209 to €12,444
mainly Net result for the year (+€11,221) and Stocks and contracts (+€6,071)
- Profit (loss) carried forward +€11,221
up €11,221 (+72.9%), from -€15,393 to -€4,171
- Trade debts -€7,302
down €7,302 (-77.0%), from €9,488 to €2,187
- Other debts -€5,304
no longer reported in 2025 (was €5,304)
- Tax, wage and social debts +€607
up €607 (+216%), from €281 to €888
of which Taxes: +€803
- Staff costs -€14,794
down €14,794 (-21.0%), from €70,599 to €55,805
- Gross operating margin -€6,473
down €6,473 (-8.3%), from €77,737 to €71,263
- Depreciation -€3,000
no longer reported in 2025 (was €3,000)
- Other operating charges +€2,547
up €2,547 (+166%), from €1,533 to €4,080
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 | €18,280 | €17,504 | -€776 | -4.2% |
| Current assets | 29/58 | €18,280 | €17,504 | -€776 | -4.2% |
| Stocks and contracts in progress | 3 | €6,071 | - | -€6,071 | |
| Stocks | 30/36 | €6,071 | - | -€6,071 | |
| Amounts receivable within one year | 40/41 | - | €5,060 | +€5,060 | |
| Other amounts receivable | 41 | - | €5,060 | +€5,060 | |
| Cash at bank and in hand | 54/58 | €12,209 | €12,444 | +€234 | +1.9% |
| Total equity and liabilities | 10/49 | €18,280 | €17,504 | -€776 | -4.2% |
| Equity | 10/15 | €3,207 | €14,429 | +€11,221 | +350% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,393 | -€4,171 | +€11,221 | +72.9% |
| Amounts payable | 17/49 | €15,073 | €3,075 | -€11,998 | -79.6% |
| Amounts payable within one year | 42/48 | €15,073 | €3,075 | -€11,998 | -79.6% |
| Trade debts | 44 | €9,488 | €2,187 | -€7,302 | -77.0% |
| Suppliers | 440/4 | €9,488 | €2,187 | -€7,302 | -77.0% |
| Taxes, remuneration and social security | 45 | €281 | €888 | +€607 | +216% |
| Taxes | 450/3 | €86 | €888 | +€803 | +935% |
| Remuneration and social security | 454/9 | €195 | - | -€195 | |
| Other amounts payable | 47/48 | €5,304 | - | -€5,304 | |
| Remuneration, social security and pensions | 62 | €70,599 | €55,805 | -€14,794 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | - | -€3,000 | |
| Other operating charges | 640/8 | €1,533 | €4,080 | +€2,547 | +166% |
| Gross operating margin | 9900 | €77,737 | €71,263 | -€6,473 | -8.3% |
| Operating profit (loss) | 9901 | €2,604 | €11,379 | +€8,775 | +337% |
| Financial charges | 65/66B | €476 | €158 | -€319 | -66.9% |
| Recurring financial charges | 65 | €476 | €158 | -€319 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €2,128 | €11,221 | +€9,093 | +427% |
| Profit (loss) for the period | 9904 | €2,128 | €11,221 | +€9,093 | +427% |
| Profit (loss) for the period to be appropriated | 9905 | €2,128 | €11,221 | +€9,093 | +427% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.