KARIBU: 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.
KARIBU
Largest movements
- Tangible fixed assets -€20,617
down €20,617 (-11.4%), from €180,281 to €159,664
of which Land and buildings: -€24,938
- Receivables within one year +€16,189
up €16,189 (+12.2%), from €132,975 to €149,164
of which Other amounts receivable: +€9,120
- Cash -€10,348
no longer reported in 2025 (was €10,348)
mainly Contributions, distributions and other (-€32,739) and Debts after one year (-€20,856)
- Debts after one year -€20,856
down €20,856 (-12.8%), from €162,503 to €141,648
- Short-term financial debts +€5,186
new in 2025: €5,186
- Gross operating margin +€11,647
up €11,647 (+17.0%), from €68,569 to €80,216
- Taxes +€6,678
up €6,678 (+47.6%), from €14,031 to €20,708
- Financial income +€2,193
up €2,193 (+60.1%), from €3,651 to €5,844
- Other operating charges -€1,280
down €1,280 (-57.1%), from €2,242 to €962
- Depreciation +€1,220
up €1,220 (+4.7%), from €26,035 to €27,256
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 | €331,514 | €319,474 | -€12,040 | -3.6% |
| Fixed assets | 21/28 | €180,326 | €159,709 | -€20,617 | -11.4% |
| Tangible fixed assets | 22/27 | €180,281 | €159,664 | -€20,617 | -11.4% |
| Land and buildings | 22 | €176,265 | €151,327 | -€24,938 | -14.1% |
| Plant, machinery and equipment | 23 | €3,276 | €6,998 | +€3,722 | +113.6% |
| Furniture and vehicles | 24 | €741 | €1,340 | +€599 | +80.9% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €151,188 | €159,765 | +€8,577 | +5.7% |
| Amounts receivable within one year | 40/41 | €132,975 | €149,164 | +€16,189 | +12.2% |
| Trade receivables | 40 | €42,029 | €49,098 | +€7,069 | +16.8% |
| Other amounts receivable | 41 | €90,946 | €100,066 | +€9,120 | +10.0% |
| Cash at bank and in hand | 54/58 | €10,348 | - | -€10,348 | |
| Deferred charges and accrued income | 490/1 | €7,865 | €10,601 | +€2,736 | +34.8% |
| Total equity and liabilities | 10/49 | €331,514 | €319,474 | -€12,040 | -3.6% |
| Equity | 10/15 | €118,758 | €119,545 | +€787 | +0.7% |
| Contributions | 10/11 | €110 | €110 | = | 0.0% |
| Reserves | 13 | €118,648 | €119,435 | +€787 | +0.7% |
| Distributable reserves | 133 | €118,648 | €119,435 | +€787 | +0.7% |
| Amounts payable | 17/49 | €212,757 | €199,929 | -€12,827 | -6.0% |
| Amounts payable after more than one year | 17 | €162,503 | €141,648 | -€20,856 | -12.8% |
| Financial debts | 170/4 | €162,503 | €141,648 | -€20,856 | -12.8% |
| Amounts payable within one year | 42/48 | €50,253 | €58,282 | +€8,028 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €20,459 | €20,856 | +€396 | +1.9% |
| Financial debts | 43 | - | €5,186 | +€5,186 | |
| Credit institutions | 430/8 | - | €5,186 | +€5,186 | |
| Trade debts | 44 | €15,001 | €16,532 | +€1,531 | +10.2% |
| Suppliers | 440/4 | €15,001 | €16,532 | +€1,531 | +10.2% |
| Advances received on contracts in progress | 46 | €762 | - | -€762 | |
| Taxes, remuneration and social security | 45 | €14,031 | €15,708 | +€1,678 | +12.0% |
| Taxes | 450/3 | €14,031 | €15,708 | +€1,678 | +12.0% |
| Non-recurring operating income | 76A | €7,800 | - | -€7,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,035 | €27,256 | +€1,220 | +4.7% |
| Other operating charges | 640/8 | €2,242 | €962 | -€1,280 | -57.1% |
| Gross operating margin | 9900 | €68,569 | €80,216 | +€11,647 | +17.0% |
| Operating profit (loss) | 9901 | €40,292 | €51,999 | +€11,707 | +29.1% |
| Financial income | 75/76B | €3,651 | €5,844 | +€2,193 | +60.1% |
| Recurring financial income | 75 | €3,651 | €5,844 | +€2,193 | +60.1% |
| Financial charges | 65/66B | €3,944 | €3,609 | -€335 | -8.5% |
| Recurring financial charges | 65 | €3,944 | €3,609 | -€335 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €39,999 | €54,234 | +€14,236 | +35.6% |
| Income taxes | 67/77 | €14,031 | €20,708 | +€6,678 | +47.6% |
| Profit (loss) for the period | 9904 | €25,968 | €33,526 | +€7,558 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,968 | €33,526 | +€7,558 | +29.1% |
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 3 October 2026 via checked.be.