Karlot: 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.
Karlot
Largest movements
- Cash +€106,895
up €106,895 (+232%), from €46,139 to €153,034
mainly Net result for the year (+€51,134) and Receivables within one year (+€46,636)
- Receivables within one year -€46,636
down €46,636 (-37.0%), from €125,912 to €79,275
of which Other amounts receivable: -€49,665
- Tangible fixed assets -€7,336
down €7,336 (-19.8%), from €37,031 to €29,695
of which Leasing and similar rights: -€9,580
- Profit (loss) carried forward +€51,134
up €51,134 (+45.7%), from €111,808 to €162,942
- Tax, wage and social debts +€5,810
up €5,810 (+10.1%), from €57,385 to €63,195
- Debts after one year -€5,791
down €5,791 (-23.8%), from €24,347 to €18,555
- Gross operating margin -€22,948
down €22,948 (-22.1%), from €104,000 to €81,051
- Taxes -€4,108
down €4,108 (-21.6%), from €19,019 to €14,911
- Financial income +€1,837
up €1,837 (+210%), from €876 to €2,714
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 | €214,444 | €268,813 | +€54,369 | +25.4% |
| Fixed assets | 21/28 | €37,031 | €29,695 | -€7,336 | -19.8% |
| Tangible fixed assets | 22/27 | €37,031 | €29,695 | -€7,336 | -19.8% |
| Furniture and vehicles | 24 | €1,940 | €4,184 | +€2,243 | +116% |
| Leasing and similar rights | 25 | €35,091 | €25,511 | -€9,580 | -27.3% |
| Current assets | 29/58 | €177,413 | €239,119 | +€61,706 | +34.8% |
| Amounts receivable within one year | 40/41 | €125,912 | €79,275 | -€46,636 | -37.0% |
| Trade receivables | 40 | €25,872 | €28,901 | +€3,029 | +11.7% |
| Other amounts receivable | 41 | €100,040 | €50,375 | -€49,665 | -49.6% |
| Cash at bank and in hand | 54/58 | €46,139 | €153,034 | +€106,895 | +232% |
| Deferred charges and accrued income | 490/1 | €5,363 | €6,810 | +€1,447 | +27.0% |
| Total equity and liabilities | 10/49 | €214,444 | €268,813 | +€54,369 | +25.4% |
| Equity | 10/15 | €116,808 | €167,942 | +€51,134 | +43.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,808 | €162,942 | +€51,134 | +45.7% |
| Amounts payable | 17/49 | €97,636 | €100,872 | +€3,235 | +3.3% |
| Amounts payable after more than one year | 17 | €24,347 | €18,555 | -€5,791 | -23.8% |
| Financial debts | 170/4 | €24,347 | €18,555 | -€5,791 | -23.8% |
| Amounts payable within one year | 42/48 | €73,290 | €82,316 | +€9,027 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €5,377 | €5,791 | +€414 | +7.7% |
| Trade debts | 44 | €2,423 | €3,384 | +€961 | +39.6% |
| Suppliers | 440/4 | €2,423 | €3,384 | +€961 | +39.6% |
| Taxes, remuneration and social security | 45 | €57,385 | €63,195 | +€5,810 | +10.1% |
| Taxes | 450/3 | €57,385 | €63,195 | +€5,810 | +10.1% |
| Other amounts payable | 47/48 | €8,104 | €9,946 | +€1,842 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,830 | €11,329 | +€499 | +4.6% |
| Other operating charges | 640/8 | €1,064 | €1,161 | +€97 | +9.1% |
| Non-recurring operating charges | 66A | €1,272 | - | -€1,272 | |
| Gross operating margin | 9900 | €104,000 | €81,051 | -€22,948 | -22.1% |
| Operating profit (loss) | 9901 | €90,834 | €68,561 | -€22,273 | -24.5% |
| Financial income | 75/76B | €876 | €2,714 | +€1,837 | +210% |
| Recurring financial income | 75 | €876 | €2,714 | +€1,837 | +210% |
| Financial charges | 65/66B | €6,083 | €5,230 | -€853 | -14.0% |
| Recurring financial charges | 65 | €6,083 | €5,230 | -€853 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €85,627 | €66,045 | -€19,583 | -22.9% |
| Income taxes | 67/77 | €19,019 | €14,911 | -€4,108 | -21.6% |
| Profit (loss) for the period | 9904 | €66,608 | €51,134 | -€15,474 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,608 | €51,134 | -€15,474 | -23.2% |
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 17 October 2026 via checked.be.