KARLINAT: 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.
KARLINAT
Largest movements
- Tangible fixed assets -€10,373
down €10,373 (-2.3%), from €454,883 to €444,510
- Profit (loss) carried forward -€16,736
down €16,736 (-47.4%), from €35,314 to €18,578
- Other debts +€9,438
up €9,438 (+42.1%), from €22,415 to €31,853
- Gross operating margin -€8,980
down €8,980, from €7,523 to -€1,457
- Other operating charges +€511
up €511 (+19.5%), from €2,618 to €3,130
- Financial charges +€387
up €387 (+9.1%), from €4,250 to €4,637
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 | €456,292 | €445,565 | -€10,727 | -2.4% |
| Fixed assets | 21/28 | €454,883 | €444,510 | -€10,373 | -2.3% |
| Tangible fixed assets | 22/27 | €454,883 | €444,510 | -€10,373 | -2.3% |
| Land and buildings | 22 | €454,883 | €444,510 | -€10,373 | -2.3% |
| Current assets | 29/58 | €1,409 | €1,055 | -€354 | -25.1% |
| Amounts receivable within one year | 40/41 | €1,323 | - | -€1,323 | |
| Trade receivables | 40 | €1,323 | - | -€1,323 | |
| Cash at bank and in hand | 54/58 | €86 | €59 | -€26 | -30.6% |
| Deferred charges and accrued income | 490/1 | - | €996 | +€996 | |
| Total equity and liabilities | 10/49 | €456,292 | €445,565 | -€10,727 | -2.4% |
| Equity | 10/15 | €358,616 | €339,735 | -€18,882 | -5.3% |
| Contributions | 10/11 | €144,600 | €144,600 | = | 0.0% |
| Reserves | 13 | €178,702 | €176,557 | -€2,146 | -1.2% |
| Tax-exempt reserves | 132 | €30,242 | €28,097 | -€2,146 | -7.1% |
| Distributable reserves | 133 | €148,460 | €148,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,314 | €18,578 | -€16,736 | -47.4% |
| Provisions and deferred taxes | 16 | €10,013 | €9,298 | -€715 | -7.1% |
| Deferred taxes | 168 | €10,013 | €9,298 | -€715 | -7.1% |
| Amounts payable | 17/49 | €87,663 | €96,532 | +€8,870 | +10.1% |
| Amounts payable within one year | 42/48 | €84,408 | €94,226 | +€9,818 | +11.6% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Other loans | 439 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €1,733 | €2,113 | +€379 | +21.9% |
| Suppliers | 440/4 | €1,733 | €2,113 | +€379 | +21.9% |
| Taxes, remuneration and social security | 45 | €260 | €260 | = | 0.0% |
| Taxes | 450/3 | €260 | €260 | = | 0.0% |
| Other amounts payable | 47/48 | €22,415 | €31,853 | +€9,438 | +42.1% |
| Accrued charges and deferred income | 492/3 | €3,254 | €2,306 | -€948 | -29.1% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,373 | €10,373 | = | 0.0% |
| Other operating charges | 640/8 | €2,618 | €3,130 | +€511 | +19.5% |
| Gross operating margin | 9900 | €7,523 | -€1,457 | -€8,980 | |
| Operating profit (loss) | 9901 | -€5,469 | -€14,960 | -€9,491 | -174% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,250 | €4,637 | +€387 | +9.1% |
| Recurring financial charges | 65 | €4,250 | €4,637 | +€387 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,719 | -€19,597 | -€9,878 | -102% |
| Transfer from deferred taxes | 780 | €715 | €715 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€9,004 | -€18,882 | -€9,878 | -110% |
| Transfer from tax-exempt reserves | 789 | €2,146 | €2,146 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,858 | -€16,736 | -€9,878 | -144% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.