Karertech: what changed
Karertech
Largest movements
- Receivables within one year +€35,284
up €35,284 (+127%), from €27,816 to €63,101
of which Other amounts receivable: +€26,294
- Tax, wage and social debts +€18,435
up €18,435 (+223%), from €8,280 to €26,715
- Reserves +€8,675
up €8,675 (+128%), from €6,798 to €15,473
- Trade debts +€5,768
up €5,768 (+51.1%), from €11,290 to €17,058
- Advances received +€3,000
new in 2025: €3,000
- Gross operating margin -€7,028
down €7,028 (-28.7%), from €24,496 to €17,468
- Financial charges +€3,119
up €3,119 (+233%), from €1,341 to €4,461
- Other operating charges +€1,444
up €1,444 (+160%), from €901 to €2,345
- Financial income +€1,205
up €1,205 (+217%), from €556 to €1,761
- Taxes -€569
down €569 (-13.2%), from €4,317 to €3,748
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,368 | €64,246 | +€35,878 | +126% |
| Current assets | 29/58 | €28,368 | €64,246 | +€35,878 | +126% |
| Other amounts receivable | 291 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €27,816 | €63,101 | +€35,284 | +127% |
| Trade receivables | 40 | €9,461 | €18,451 | +€8,991 | +95.0% |
| Other amounts receivable | 41 | €18,356 | €44,649 | +€26,294 | +143% |
| Cash at bank and in hand | 54/58 | - | €16 | +€16 | |
| Deferred charges and accrued income | 490/1 | €552 | €1,129 | +€578 | +105% |
| Total equity and liabilities | 10/49 | €28,368 | €64,246 | +€35,878 | +126% |
| Equity | 10/15 | €8,798 | €17,473 | +€8,675 | +98.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,798 | €15,473 | +€8,675 | +128% |
| Distributable reserves | 133 | €6,798 | €15,473 | +€8,675 | +128% |
| Amounts payable | 17/49 | €19,570 | €46,773 | +€27,203 | +139% |
| Amounts payable within one year | 42/48 | €19,570 | €46,773 | +€27,203 | +139% |
| Trade debts | 44 | €11,290 | €17,058 | +€5,768 | +51.1% |
| Suppliers | 440/4 | €11,290 | €17,058 | +€5,768 | +51.1% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €8,280 | €26,715 | +€18,435 | +223% |
| Taxes | 450/3 | €8,280 | €26,715 | +€18,435 | +223% |
| Other operating charges | 640/8 | €901 | €2,345 | +€1,444 | +160% |
| Non-recurring operating charges | 66A | €11,694 | - | -€11,694 | |
| Gross operating margin | 9900 | €24,496 | €17,468 | -€7,028 | -28.7% |
| Operating profit (loss) | 9901 | €11,900 | €15,123 | +€3,223 | +27.1% |
| Financial income | 75/76B | €556 | €1,761 | +€1,205 | +217% |
| Recurring financial income | 75 | €556 | €1,761 | +€1,205 | +217% |
| Financial charges | 65/66B | €1,341 | €4,461 | +€3,119 | +233% |
| Recurring financial charges | 65 | €1,341 | €4,461 | +€3,119 | +233% |
| Profit (loss) for the period before taxes | 9903 | €11,115 | €12,423 | +€1,308 | +11.8% |
| Income taxes | 67/77 | €4,317 | €3,748 | -€569 | -13.2% |
| Profit (loss) for the period | 9904 | €6,798 | €8,675 | +€1,877 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,798 | €8,675 | +€1,877 | +27.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.