KARBLO: 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.
KARBLO
Largest movements
- Cash +€19,372
up €19,372 (+154.5%), from €12,539 to €31,911
mainly Net result for the year (+€17,605) and Depreciation (+€6,516)
- Tangible fixed assets -€6,516
down €6,516 (-45.3%), from €14,390 to €7,874
of which Leasing and similar rights: -€6,300
- Receivables within one year +€2,503
up €2,503 (+14.2%), from €17,640 to €20,144
of which Trade receivables: +€2,503
- Reserves +€17,605
up €17,605 (+89.8%), from €19,600 to €37,204
- Debts after one year -€6,490
down €6,490 (-79.8%), from €8,130 to €1,640
- Tax, wage and social debts +€5,724
up €5,724 (+119.3%), from €4,798 to €10,522
- Gross operating margin +€25,220
up €25,220 (+603.5%), from €4,179 to €29,398
- Taxes +€3,389
up €3,389 (+2694.8%), from €126 to €3,515
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 | €45,141 | €61,035 | +€15,894 | +35.2% |
| Fixed assets | 21/28 | €14,390 | €7,874 | -€6,516 | -45.3% |
| Tangible fixed assets | 22/27 | €14,390 | €7,874 | -€6,516 | -45.3% |
| Plant, machinery and equipment | 23 | €217 | €0 | -€217 | -100.0% |
| Leasing and similar rights | 25 | €14,174 | €7,874 | -€6,300 | -44.4% |
| Current assets | 29/58 | €30,750 | €53,161 | +€22,411 | +72.9% |
| Amounts receivable within one year | 40/41 | €17,640 | €20,144 | +€2,503 | +14.2% |
| Trade receivables | 40 | €17,640 | €20,144 | +€2,503 | +14.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,539 | €31,911 | +€19,372 | +154.5% |
| Deferred charges and accrued income | 490/1 | €571 | €1,106 | +€535 | +93.7% |
| Total equity and liabilities | 10/49 | €45,141 | €61,035 | +€15,894 | +35.2% |
| Equity | 10/15 | €24,600 | €42,204 | +€17,605 | +71.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,600 | €37,204 | +€17,605 | +89.8% |
| Distributable reserves | 133 | €19,600 | €37,204 | +€17,605 | +89.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €20,541 | €18,831 | -€1,710 | -8.3% |
| Amounts payable after more than one year | 17 | €8,130 | €1,640 | -€6,490 | -79.8% |
| Financial debts | 170/4 | €8,130 | €1,640 | -€6,490 | -79.8% |
| Amounts payable within one year | 42/48 | €11,942 | €17,191 | +€5,250 | +44.0% |
| Current portion of amounts payable after more than one year | 42 | €6,379 | €6,490 | +€111 | +1.7% |
| Trade debts | 44 | €738 | €153 | -€585 | -79.3% |
| Suppliers | 440/4 | €738 | €153 | -€585 | -79.3% |
| Taxes, remuneration and social security | 45 | €4,798 | €10,522 | +€5,724 | +119.3% |
| Taxes | 450/3 | €4,798 | €10,522 | +€5,724 | +119.3% |
| Other amounts payable | 47/48 | €26 | €26 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €470 | €0 | -€470 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,583 | €6,516 | -€67 | -1.0% |
| Other operating charges | 640/8 | €1,488 | €1,365 | -€123 | -8.2% |
| Gross operating margin | 9900 | €4,179 | €29,398 | +€25,220 | +603.5% |
| Operating profit (loss) | 9901 | -€3,893 | €21,517 | +€25,410 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €461 | €397 | -€63 | -13.7% |
| Recurring financial charges | 65 | €461 | €397 | -€63 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,354 | €21,119 | +€25,473 | |
| Income taxes | 67/77 | €126 | €3,515 | +€3,389 | +2694.8% |
| Profit (loss) for the period | 9904 | -€4,479 | €17,605 | +€22,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,479 | €17,605 | +€22,084 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.