KARAT INCORPORATED: 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.
KARAT INCORPORATED
Largest movements
- Receivables within one year +€10,249
up €10,249 (+44.7%), from €22,903 to €33,152
of which Trade receivables: +€9,416
- Stocks and contracts -€3,870
down €3,870 (-11.7%), from €33,196 to €29,326
- Tangible fixed assets -€3,025
down €3,025 (-15.1%), from €19,995 to €16,970
of which Other tangible fixed assets: -€1,910
- Intangible fixed assets -€2,000
down €2,000 (-12.5%), from €16,000 to €14,000
- Cash -€1,091
down €1,091 (-65.9%), from €1,655 to €565
mainly Other debts (-€31,168) and Net result for the year (-€10,851)
- Trade debts +€38,433
up €38,433 (+282%), from €13,615 to €52,048
- Other debts -€31,168
down €31,168 (-94.1%), from €33,107 to €1,938
- Profit (loss) carried forward -€10,851
down €10,851 (-11.5%), from -€94,466 to -€105,317
- Tax, wage and social debts +€3,668
up €3,668 (+62.4%), from €5,878 to €9,546
- Gross operating margin +€31,450
up €31,450 (+88.3%), from -€35,619 to -€4,170
- Depreciation -€2,966
down €2,966 (-37.1%), from €7,990 to €5,025
- Other operating charges +€991
up €991 (+213%), from €466 to €1,458
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,782 | €94,045 | +€263 | +0.3% |
| Fixed assets | 21/28 | €36,028 | €31,003 | -€5,025 | -13.9% |
| Intangible fixed assets | 21 | €16,000 | €14,000 | -€2,000 | -12.5% |
| Tangible fixed assets | 22/27 | €19,995 | €16,970 | -€3,025 | -15.1% |
| Plant, machinery and equipment | 23 | €3,595 | €2,817 | -€778 | -21.6% |
| Furniture and vehicles | 24 | €563 | €227 | -€336 | -59.7% |
| Other tangible fixed assets | 26 | €15,836 | €13,926 | -€1,910 | -12.1% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €57,754 | €63,042 | +€5,288 | +9.2% |
| Stocks and contracts in progress | 3 | €33,196 | €29,326 | -€3,870 | -11.7% |
| Stocks | 30/36 | €33,196 | €29,326 | -€3,870 | -11.7% |
| Amounts receivable within one year | 40/41 | €22,903 | €33,152 | +€10,249 | +44.7% |
| Trade receivables | 40 | €22,493 | €31,909 | +€9,416 | +41.9% |
| Other amounts receivable | 41 | €410 | €1,243 | +€833 | +203% |
| Cash at bank and in hand | 54/58 | €1,655 | €565 | -€1,091 | -65.9% |
| Total equity and liabilities | 10/49 | €93,782 | €94,045 | +€263 | +0.3% |
| Equity | 10/15 | -€14,366 | -€25,217 | -€10,851 | -75.5% |
| Contributions | 10/11 | €80,100 | €80,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,466 | -€105,317 | -€10,851 | -11.5% |
| Amounts payable | 17/49 | €108,148 | €119,262 | +€11,115 | +10.3% |
| Amounts payable after more than one year | 17 | €55,500 | €55,500 | = | 0.0% |
| Financial debts | 170/4 | €55,500 | €55,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,648 | €63,762 | +€11,115 | +21.1% |
| Financial debts | 43 | €48 | €230 | +€182 | +376% |
| Credit institutions | 430/8 | €48 | €230 | +€182 | +376% |
| Trade debts | 44 | €13,615 | €52,048 | +€38,433 | +282% |
| Suppliers | 440/4 | €13,615 | €52,048 | +€38,433 | +282% |
| Taxes, remuneration and social security | 45 | €5,878 | €9,546 | +€3,668 | +62.4% |
| Taxes | 450/3 | €5,878 | €9,546 | +€3,668 | +62.4% |
| Other amounts payable | 47/48 | €33,107 | €1,938 | -€31,168 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,990 | €5,025 | -€2,966 | -37.1% |
| Other operating charges | 640/8 | €466 | €1,458 | +€991 | +213% |
| Gross operating margin | 9900 | -€35,619 | -€4,170 | +€31,450 | +88.3% |
| Operating profit (loss) | 9901 | -€44,076 | -€10,652 | +€33,424 | +75.8% |
| Financial income | 75/76B | €21 | €22 | +€1 | +3.9% |
| Recurring financial income | 75 | €21 | €22 | +€1 | +3.9% |
| Financial charges | 65/66B | €105 | €221 | +€116 | +110% |
| Recurring financial charges | 65 | €105 | €221 | +€116 | +110% |
| Profit (loss) for the period before taxes | 9903 | -€44,160 | -€10,851 | +€33,309 | +75.4% |
| Profit (loss) for the period | 9904 | -€44,160 | -€10,851 | +€33,309 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,160 | -€10,851 | +€33,309 | +75.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.