Karine Parent: 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.
Karine Parent
Largest movements
- Cash +€820,921
up €820,921 (+2,176%), from €37,724 to €858,645
mainly Net result for the year (+€435,841) and Current investments (+€200,000)
- Current investments -€200,000
down €200,000 (-12.5%), from €1.6m to €1.4m
- Reserves +€435,800
up €435,800 (+66.1%), from €659,000 to €1.1m
- Tax, wage and social debts +€193,670
up €193,670 (+46.8%), from €413,491 to €607,160
of which Taxes: +€193,670
- Gross operating margin -€846,188
down €846,188 (-57.5%), from €1.5m to €625,293
- Taxes -€215,657
down €215,657 (-52.2%), from €413,491 to €197,834
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.
Derived cash bridge
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 | €1,670,480 | €2,280,602 | +€610,122 | +36.5% |
| Fixed assets | 21/28 | €27,106 | €21,654 | -€5,452 | -20.1% |
| Tangible fixed assets | 22/27 | €27,106 | €21,654 | -€5,452 | -20.1% |
| Furniture and vehicles | 24 | €27,106 | €21,654 | -€5,452 | -20.1% |
| Current assets | 29/58 | €1,643,373 | €2,258,948 | +€615,575 | +37.5% |
| Amounts receivable within one year | 40/41 | €5,649 | €303 | -€5,346 | -94.6% |
| Other amounts receivable | 41 | €5,649 | €303 | -€5,346 | -94.6% |
| Current investments | 50/53 | €1,600,000 | €1,400,000 | -€200,000 | -12.5% |
| Cash at bank and in hand | 54/58 | €37,724 | €858,645 | +€820,921 | +2,176% |
| Total equity and liabilities | 10/49 | €1,670,480 | €2,280,602 | +€610,122 | +36.5% |
| Equity | 10/15 | €1,219,979 | €1,655,820 | +€435,841 | +35.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €659,000 | €1,094,800 | +€435,800 | +66.1% |
| Distributable reserves | 133 | €659,000 | €1,094,800 | +€435,800 | +66.1% |
| Profit (loss) carried forward | 14 | €557,979 | €558,020 | +€41 | 0.0% |
| Amounts payable | 17/49 | €450,501 | €624,782 | +€174,282 | +38.7% |
| Amounts payable within one year | 42/48 | €450,501 | €624,782 | +€174,282 | +38.7% |
| Trade debts | 44 | €19,606 | €0 | -€19,606 | -100% |
| Suppliers | 440/4 | €19,606 | €0 | -€19,606 | -100% |
| Taxes, remuneration and social security | 45 | €413,491 | €607,160 | +€193,670 | +46.8% |
| Taxes | 450/3 | €413,491 | €607,160 | +€193,670 | +46.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,404 | €17,622 | +€218 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €5,452 | +€5,297 | +3,404% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €1,471,481 | €625,293 | -€846,188 | -57.5% |
| Operating profit (loss) | 9901 | €1,471,144 | €619,655 | -€851,488 | -57.9% |
| Financial income | 75/76B | - | €14,301 | +€14,301 | |
| Recurring financial income | 75 | - | €14,301 | +€14,301 | |
| Financial charges | 65/66B | €101 | €282 | +€182 | +180% |
| Recurring financial charges | 65 | €101 | €282 | +€182 | +180% |
| Profit (loss) for the period before taxes | 9903 | €1,471,043 | €633,674 | -€837,368 | -56.9% |
| Income taxes | 67/77 | €413,491 | €197,834 | -€215,657 | -52.2% |
| Profit (loss) for the period | 9904 | €1,057,552 | €435,841 | -€621,712 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,057,552 | €435,841 | -€621,712 | -58.8% |
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 15 October 2026 via checked.be.