KARISS: 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.
KARISS
Largest movements
- Cash -€61,532
down €61,532 (-33.4%), from €184,088 to €122,556
mainly Debts after one year (-€93,473) and Investment in fixed assets (net) (-€31,059)
- Stocks and contracts -€9,530
down €9,530 (-4.0%), from €238,980 to €229,450
- Debts after one year -€93,473
down €93,473 (-23.2%), from €402,315 to €308,841
- Reserves +€34,584
up €34,584 (+14.0%), from €247,866 to €282,450
- Tax, wage and social debts -€11,481
down €11,481 (-34.6%), from €33,195 to €21,714
of which Taxes: -€14,634
- Financial charges -€8,381
down €8,381 (-36.2%), from €23,165 to €14,784
- Staff costs -€7,060
down €7,060 (-7.6%), from €92,655 to €85,594
- Gross operating margin -€6,288
down €6,288 (-3.4%), from €186,217 to €179,929
- Taxes +€4,864
up €4,864 (+40.7%), from €11,938 to €16,802
- Depreciation -€3,128
down €3,128 (-11.3%), from €27,703 to €24,575
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 | €806,580 | €735,617 | -€70,962 | -8.8% |
| Fixed assets | 21/28 | €368,118 | €374,603 | +€6,485 | +1.8% |
| Tangible fixed assets | 22/27 | €365,271 | €371,756 | +€6,485 | +1.8% |
| Plant, machinery and equipment | 23 | €12,147 | €15,880 | +€3,733 | +30.7% |
| Furniture and vehicles | 24 | €22,733 | €13,296 | -€9,436 | -41.5% |
| Leasing and similar rights | 25 | €330,391 | €342,579 | +€12,188 | +3.7% |
| Financial fixed assets | 28 | €2,848 | €2,848 | = | 0.0% |
| Current assets | 29/58 | €438,461 | €361,014 | -€77,447 | -17.7% |
| Stocks and contracts in progress | 3 | €238,980 | €229,450 | -€9,530 | -4.0% |
| Stocks | 30/36 | €238,980 | €229,450 | -€9,530 | -4.0% |
| Amounts receivable within one year | 40/41 | €14,544 | €9,008 | -€5,536 | -38.1% |
| Other amounts receivable | 41 | €14,544 | €9,008 | -€5,536 | -38.1% |
| Cash at bank and in hand | 54/58 | €184,088 | €122,556 | -€61,532 | -33.4% |
| Deferred charges and accrued income | 490/1 | €849 | - | -€849 | |
| Total equity and liabilities | 10/49 | €806,580 | €735,617 | -€70,962 | -8.8% |
| Equity | 10/15 | €313,866 | €348,450 | +€34,584 | +11.0% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €247,866 | €282,450 | +€34,584 | +14.0% |
| Distributable reserves | 133 | €247,866 | €282,450 | +€34,584 | +14.0% |
| Amounts payable | 17/49 | €492,714 | €387,168 | -€105,546 | -21.4% |
| Amounts payable after more than one year | 17 | €402,315 | €308,841 | -€93,473 | -23.2% |
| Financial debts | 170/4 | €402,315 | €308,841 | -€93,473 | -23.2% |
| Amounts payable within one year | 42/48 | €90,399 | €78,326 | -€12,073 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €40,675 | €40,616 | -€59 | -0.1% |
| Trade debts | 44 | €15,976 | €15,472 | -€504 | -3.2% |
| Suppliers | 440/4 | €15,976 | €15,472 | -€504 | -3.2% |
| Taxes, remuneration and social security | 45 | €33,195 | €21,714 | -€11,481 | -34.6% |
| Taxes | 450/3 | €24,679 | €10,045 | -€14,634 | -59.3% |
| Remuneration and social security | 454/9 | €8,516 | €11,669 | +€3,153 | +37.0% |
| Other amounts payable | 47/48 | €554 | €524 | -€30 | -5.3% |
| Remuneration, social security and pensions | 62 | €92,655 | €85,594 | -€7,060 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,703 | €24,575 | -€3,128 | -11.3% |
| Other operating charges | 640/8 | €6,208 | €3,594 | -€2,614 | -42.1% |
| Non-recurring operating charges | 66A | - | €917 | +€917 | |
| Gross operating margin | 9900 | €186,217 | €179,929 | -€6,288 | -3.4% |
| Operating profit (loss) | 9901 | €59,652 | €65,250 | +€5,598 | +9.4% |
| Financial income | 75/76B | €2,397 | €920 | -€1,477 | -61.6% |
| Recurring financial income | 75 | €634 | €920 | +€286 | +45.1% |
| Non-recurring financial income | 76B | €1,763 | - | -€1,763 | |
| Financial charges | 65/66B | €23,165 | €14,784 | -€8,381 | -36.2% |
| Recurring financial charges | 65 | €23,165 | €14,784 | -€8,381 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €38,884 | €51,386 | +€12,502 | +32.2% |
| Income taxes | 67/77 | €11,938 | €16,802 | +€4,864 | +40.7% |
| Profit (loss) for the period | 9904 | €26,946 | €34,584 | +€7,638 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,946 | €34,584 | +€7,638 | +28.3% |
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 16 October 2026 via checked.be.