KARIN V.: 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.
KARIN V.
Largest movements
- Tangible fixed assets -€8,663
down €8,663 (-19.6%), from €44,164 to €35,501
of which Furniture and vehicles: -€6,598
- Stocks and contracts +€6,105
up €6,105 (+4.1%), from €147,345 to €153,451
- Intangible fixed assets -€4,545
down €4,545 (-32.0%), from €14,221 to €9,676
- Receivables within one year +€3,317
up €3,317 (+18804.7%), from €18 to €3,335
of which Trade receivables: +€3,308
- Trade debts +€9,688
up €9,688 (+16.3%), from €59,616 to €69,304
- Profit (loss) carried forward -€6,568
down €6,568 (-8.9%), from -€73,908 to -€80,476
- Other debts -€4,009
down €4,009 (-2.0%), from €205,052 to €201,043
- Tax, wage and social debts -€2,896
down €2,896 (-28.0%), from €10,351 to €7,456
- Gross operating margin -€8,364
down €8,364 (-43.9%), from €19,045 to €10,681
- Depreciation +€4,608
up €4,608 (+53.6%), from €8,600 to €13,208
- Other operating charges +€1,510
up €1,510 (+156.1%), from €967 to €2,477
- Financial charges -€550
down €550 (-38.1%), from €1,443 to €893
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 | €207,895 | €204,111 | -€3,784 | -1.8% |
| Fixed assets | 21/28 | €58,385 | €45,177 | -€13,208 | -22.6% |
| Intangible fixed assets | 21 | €14,221 | €9,676 | -€4,545 | -32.0% |
| Tangible fixed assets | 22/27 | €44,164 | €35,501 | -€8,663 | -19.6% |
| Plant, machinery and equipment | 23 | €14,558 | €12,758 | -€1,800 | -12.4% |
| Furniture and vehicles | 24 | €28,814 | €22,215 | -€6,598 | -22.9% |
| Leasing and similar rights | 25 | €792 | €528 | -€264 | -33.3% |
| Current assets | 29/58 | €149,510 | €158,933 | +€9,424 | +6.3% |
| Stocks and contracts in progress | 3 | €147,345 | €153,451 | +€6,105 | +4.1% |
| Stocks | 30/36 | €147,345 | €153,451 | +€6,105 | +4.1% |
| Amounts receivable within one year | 40/41 | €18 | €3,335 | +€3,317 | +18804.7% |
| Trade receivables | 40 | - | €3,308 | +€3,308 | |
| Other amounts receivable | 41 | €18 | €27 | +€9 | +53.0% |
| Cash at bank and in hand | 54/58 | €1,947 | €1,613 | -€334 | -17.1% |
| Deferred charges and accrued income | 490/1 | €200 | €535 | +€335 | +167.4% |
| Total equity and liabilities | 10/49 | €207,895 | €204,111 | -€3,784 | -1.8% |
| Equity | 10/15 | -€67,124 | -€73,692 | -€6,568 | -9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €584 | €584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €584 | €584 | = | 0.0% |
| Reserves not available under the articles | 1311 | €584 | €584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,908 | -€80,476 | -€6,568 | -8.9% |
| Amounts payable | 17/49 | €275,019 | €277,803 | +€2,784 | +1.0% |
| Amounts payable within one year | 42/48 | €275,019 | €277,803 | +€2,784 | +1.0% |
| Trade debts | 44 | €59,616 | €69,304 | +€9,688 | +16.3% |
| Suppliers | 440/4 | €59,616 | €69,304 | +€9,688 | +16.3% |
| Taxes, remuneration and social security | 45 | €10,351 | €7,456 | -€2,896 | -28.0% |
| Taxes | 450/3 | €10,351 | €7,456 | -€2,896 | -28.0% |
| Other amounts payable | 47/48 | €205,052 | €201,043 | -€4,009 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,600 | €13,208 | +€4,608 | +53.6% |
| Other operating charges | 640/8 | €967 | €2,477 | +€1,510 | +156.1% |
| Non-recurring operating charges | 66A | €2,000 | €671 | -€1,329 | -66.5% |
| Gross operating margin | 9900 | €19,045 | €10,681 | -€8,364 | -43.9% |
| Operating profit (loss) | 9901 | €7,478 | -€5,675 | -€13,153 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,443 | €893 | -€550 | -38.1% |
| Recurring financial charges | 65 | €1,443 | €893 | -€550 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €6,035 | -€6,568 | -€12,603 | |
| Profit (loss) for the period | 9904 | €6,035 | -€6,568 | -€12,603 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,035 | -€6,568 | -€12,603 |
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 2 October 2026 via checked.be.