KARMA: 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.
KARMA
Largest movements
- Tangible fixed assets -€12,797
down €12,797 (-5.3%), from €241,355 to €228,558
of which Land and buildings: -€12,414
- Receivables within one year +€6,454
up €6,454 (+81.0%), from €7,971 to €14,425
of which Other amounts receivable: +€5,277
- Other debts +€25,011
up €25,011 (+321.2%), from €7,788 to €32,799
- Profit (loss) carried forward -€20,149
down €20,149 (-70.5%), from -€28,581 to -€48,730
- Debts after one year -€14,176
down €14,176 (-19.3%), from €73,622 to €59,446
- Gross operating margin -€1,646
down €1,646, from €120 to -€1,525
- Financial charges -€954
down €954 (-17.2%), from €5,540 to €4,586
- Other operating charges +€174
up €174 (+16.3%), from €1,064 to €1,238
- Financial income +€155
up €155 (+110.9%), from €140 to €294
- Taxes +€42
up €42 (+16.6%), from €255 to €297
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 | €253,553 | €245,633 | -€7,920 | -3.1% |
| Fixed assets | 21/28 | €241,355 | €228,558 | -€12,797 | -5.3% |
| Tangible fixed assets | 22/27 | €241,355 | €228,558 | -€12,797 | -5.3% |
| Land and buildings | 22 | €239,903 | €227,489 | -€12,414 | -5.2% |
| Furniture and vehicles | 24 | €1,451 | €1,068 | -€383 | -26.4% |
| Current assets | 29/58 | €12,199 | €17,076 | +€4,877 | +40.0% |
| Amounts receivable within one year | 40/41 | €7,971 | €14,425 | +€6,454 | +81.0% |
| Trade receivables | 40 | €700 | €1,877 | +€1,177 | +168.2% |
| Other amounts receivable | 41 | €7,271 | €12,548 | +€5,277 | +72.6% |
| Cash at bank and in hand | 54/58 | €2,232 | €376 | -€1,856 | -83.2% |
| Deferred charges and accrued income | 490/1 | €1,996 | €2,275 | +€279 | +14.0% |
| Total equity and liabilities | 10/49 | €253,553 | €245,633 | -€7,920 | -3.1% |
| Equity | 10/15 | €156,558 | €136,409 | -€20,149 | -12.9% |
| Contributions | 10/11 | €168,308 | €168,308 | = | 0.0% |
| Capital | 10 | €168,308 | €168,308 | = | 0.0% |
| Issued capital | 100 | €168,308 | €168,308 | = | 0.0% |
| Reserves | 13 | €16,831 | €16,831 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,831 | €16,831 | = | 0.0% |
| Legal reserve | 130 | €16,831 | €16,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,581 | -€48,730 | -€20,149 | -70.5% |
| Amounts payable | 17/49 | €96,995 | €109,224 | +€12,229 | +12.6% |
| Amounts payable after more than one year | 17 | €73,622 | €59,446 | -€14,176 | -19.3% |
| Financial debts | 170/4 | €73,622 | €59,446 | -€14,176 | -19.3% |
| Amounts payable within one year | 42/48 | €23,373 | €49,778 | +€26,406 | +113.0% |
| Current portion of amounts payable after more than one year | 42 | €13,515 | €14,176 | +€661 | +4.9% |
| Trade debts | 44 | €2,069 | €2,803 | +€733 | +35.4% |
| Suppliers | 440/4 | €2,069 | €2,803 | +€733 | +35.4% |
| Other amounts payable | 47/48 | €7,788 | €32,799 | +€25,011 | +321.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,797 | €12,797 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,064 | €1,238 | +€174 | +16.3% |
| Gross operating margin | 9900 | €120 | -€1,525 | -€1,646 | |
| Operating profit (loss) | 9901 | -€13,741 | -€15,560 | -€1,819 | -13.2% |
| Financial income | 75/76B | €140 | €294 | +€155 | +110.9% |
| Recurring financial income | 75 | €140 | €294 | +€155 | +110.9% |
| Financial charges | 65/66B | €5,540 | €4,586 | -€954 | -17.2% |
| Recurring financial charges | 65 | €5,540 | €4,586 | -€954 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,142 | -€19,852 | -€711 | -3.7% |
| Income taxes | 67/77 | €255 | €297 | +€42 | +16.6% |
| Profit (loss) for the period | 9904 | -€19,396 | -€20,149 | -€753 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,396 | -€20,149 | -€753 | -3.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.