KARIBDIS: 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.
KARIBDIS
Largest movements
- Cash +€33,747
up €33,747 (+221.2%), from €15,258 to €49,005
mainly Net result for the year (+€62,859) and Depreciation (+€25,264)
- Tangible fixed assets -€25,264
down €25,264 (-3.4%), from €736,239 to €710,974
of which Land and buildings: -€25,050
- Other debts +€12,269
up €12,269 (+7.5%), from €163,737 to €176,006
- Gross operating margin +€53,319
up €53,319 (+60.3%), from €88,379 to €141,697
- Taxes +€16,645
up €16,645 (+127.5%), from €13,052 to €29,696
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 | €1,165,309 | €1,168,598 | +€3,289 | +0.3% |
| Fixed assets | 21/28 | €736,239 | €710,974 | -€25,264 | -3.4% |
| Tangible fixed assets | 22/27 | €736,239 | €710,974 | -€25,264 | -3.4% |
| Land and buildings | 22 | €735,220 | €710,170 | -€25,050 | -3.4% |
| Furniture and vehicles | 24 | €1,019 | €804 | -€215 | -21.1% |
| Current assets | 29/58 | €429,070 | €457,624 | +€28,554 | +6.7% |
| Amounts receivable within one year | 40/41 | €211,999 | €207,798 | -€4,201 | -2.0% |
| Trade receivables | 40 | €7,470 | €7,470 | = | 0.0% |
| Other amounts receivable | 41 | €204,529 | €200,328 | -€4,201 | -2.1% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,258 | €49,005 | +€33,747 | +221.2% |
| Deferred charges and accrued income | 490/1 | €1,813 | €821 | -€992 | -54.7% |
| Total equity and liabilities | 10/49 | €1,165,309 | €1,168,598 | +€3,289 | +0.3% |
| Equity | 10/15 | €728,963 | €724,989 | -€3,974 | -0.5% |
| Contributions | 10/11 | €165,012 | €165,012 | = | 0.0% |
| Contributions outside capital | 11 | €165,012 | - | -€165,012 | |
| Other | 1109/19 | €165,012 | - | -€165,012 | |
| Reserves | 13 | €408,501 | €404,501 | -€4,000 | -1.0% |
| Distributable reserves | 133 | €408,501 | €404,501 | -€4,000 | -1.0% |
| Profit (loss) carried forward | 14 | €155,450 | €155,476 | +€26 | 0.0% |
| Amounts payable | 17/49 | €436,346 | €443,609 | +€7,263 | +1.7% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €185,546 | €192,727 | +€7,181 | +3.9% |
| Trade debts | 44 | €565 | €415 | -€150 | -26.5% |
| Suppliers | 440/4 | €565 | €415 | -€150 | -26.5% |
| Taxes, remuneration and social security | 45 | €21,244 | €16,306 | -€4,938 | -23.2% |
| Taxes | 450/3 | €21,244 | €16,306 | -€4,938 | -23.2% |
| Other amounts payable | 47/48 | €163,737 | €176,006 | +€12,269 | +7.5% |
| Accrued charges and deferred income | 492/3 | €800 | €882 | +€82 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,478 | €25,264 | -€214 | -0.8% |
| Other operating charges | 640/8 | €4,807 | €4,174 | -€633 | -13.2% |
| Gross operating margin | 9900 | €88,379 | €141,697 | +€53,319 | +60.3% |
| Operating profit (loss) | 9901 | €58,093 | €112,259 | +€54,166 | +93.2% |
| Financial income | 75/76B | €5,242 | €5,004 | -€239 | -4.6% |
| Recurring financial income | 75 | €5,242 | €5,004 | -€239 | -4.6% |
| Financial charges | 65/66B | €23,866 | €24,707 | +€841 | +3.5% |
| Recurring financial charges | 65 | €23,866 | €24,707 | +€841 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €39,470 | €92,556 | +€53,086 | +134.5% |
| Income taxes | 67/77 | €13,052 | €29,696 | +€16,645 | +127.5% |
| Profit (loss) for the period | 9904 | €26,418 | €62,859 | +€36,441 | +137.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,418 | €62,859 | +€36,441 | +137.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.