Karbakeli: 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.
Karbakeli
Largest movements
- Receivables within one year +€35,952
up €35,952 (+18.2%), from €197,413 to €233,365
of which Other amounts receivable: +€35,952
- Tangible fixed assets -€25,683
down €25,683 (-57.3%), from €44,856 to €19,173
of which Furniture and vehicles: -€23,804
- Cash +€16,894
up €16,894 (+49.3%), from €34,268 to €51,162
mainly Other debts (+€20,148) and Investment in fixed assets (net) (+€17,559)
- Other debts +€20,148
new in 2024: €20,148
- Profit (loss) carried forward +€16,352
up €16,352 (+2.7%), from €604,397 to €620,749
- Current portion of long-term debt -€11,825
no longer reported in 2024 (was €11,825)
- Gross operating margin -€88,974
down €88,974 (-48.5%), from €183,384 to €94,410
- Staff costs -€47,288
down €47,288 (-36.4%), from €129,972 to €82,685
- Depreciation -€12,427
down €12,427 (-60.5%), from €20,551 to €8,124
- Taxes -€10,206
down €10,206 (-64.2%), from €15,885 to €5,679
- Financial income +€3,971
up €3,971 (+18.3%), from €21,641 to €25,611
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.
Cash bridge derived
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 | €801,537 | €828,700 | +€27,163 | +3.4% |
| Fixed assets | 21/28 | €44,856 | €19,173 | -€25,683 | -57.3% |
| Tangible fixed assets | 22/27 | €44,856 | €19,173 | -€25,683 | -57.3% |
| Plant, machinery and equipment | 23 | €8,269 | €6,790 | -€1,479 | -17.9% |
| Furniture and vehicles | 24 | €35,820 | €12,016 | -€23,804 | -66.5% |
| Other tangible fixed assets | 26 | €767 | €367 | -€400 | -52.2% |
| Current assets | 29/58 | €756,681 | €809,528 | +€52,846 | +7.0% |
| Amounts receivable after more than one year | 29 | €525,000 | €525,000 | = | 0.0% |
| Other amounts receivable | 291 | €525,000 | €525,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €197,413 | €233,365 | +€35,952 | +18.2% |
| Trade receivables | 40 | €561 | €561 | = | 0.0% |
| Other amounts receivable | 41 | €196,852 | €232,804 | +€35,952 | +18.3% |
| Cash at bank and in hand | 54/58 | €34,268 | €51,162 | +€16,894 | +49.3% |
| Total equity and liabilities | 10/49 | €801,537 | €828,700 | +€27,163 | +3.4% |
| Equity | 10/15 | €759,852 | €776,204 | +€16,352 | +2.2% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €146,154 | €146,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €144,294 | €144,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | €604,397 | €620,749 | +€16,352 | +2.7% |
| Amounts payable | 17/49 | €41,685 | €52,497 | +€10,811 | +25.9% |
| Amounts payable within one year | 42/48 | €41,685 | €52,497 | +€10,811 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €11,825 | - | -€11,825 | |
| Trade debts | 44 | €20,145 | €15,900 | -€4,245 | -21.1% |
| Suppliers | 440/4 | €20,145 | €15,900 | -€4,245 | -21.1% |
| Taxes, remuneration and social security | 45 | €9,715 | €16,448 | +€6,733 | +69.3% |
| Taxes | 450/3 | - | €8,594 | +€8,594 | |
| Remuneration and social security | 454/9 | €9,715 | €7,854 | -€1,860 | -19.1% |
| Other amounts payable | 47/48 | - | €20,148 | +€20,148 | |
| Remuneration, social security and pensions | 62 | €129,972 | €82,685 | -€47,288 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,551 | €8,124 | -€12,427 | -60.5% |
| Other operating charges | 640/8 | €4,891 | €6,115 | +€1,224 | +25.0% |
| Gross operating margin | 9900 | €183,384 | €94,410 | -€88,974 | -48.5% |
| Operating profit (loss) | 9901 | €27,970 | -€2,514 | -€30,484 | |
| Financial income | 75/76B | €21,641 | €25,611 | +€3,971 | +18.3% |
| Recurring financial income | 75 | €21,641 | €25,611 | +€3,971 | +18.3% |
| Financial charges | 65/66B | €1,431 | €1,067 | -€365 | -25.5% |
| Recurring financial charges | 65 | €1,431 | €1,067 | -€365 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €48,180 | €22,031 | -€26,149 | -54.3% |
| Income taxes | 67/77 | €15,885 | €5,679 | -€10,206 | -64.2% |
| Profit (loss) for the period | 9904 | €32,294 | €16,352 | -€15,943 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,294 | €16,352 | -€15,943 | -49.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.