KARMA AGENCY: 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 AGENCY
Largest movements
- Cash -€32,376
down €32,376 (-52.7%), from €61,468 to €29,092
mainly Other debts (-€47,096) and Trade debts (-€16,926)
- Receivables within one year -€21,675
down €21,675 (-54.9%), from €39,499 to €17,825
of which Trade receivables: -€19,246
- Deferred charges and accrued income -€7,568
down €7,568 (-88.5%), from €8,556 to €988
- Other debts -€47,096
down €47,096 (-66.5%), from €70,770 to €23,674
- Trade debts -€16,926
down €16,926 (-84.1%), from €20,134 to €3,208
- Profit (loss) carried forward +€11,136
up €11,136 (+74.1%), from -€15,032 to -€3,896
- Tax, wage and social debts -€8,720
down €8,720 (-62.5%), from €13,950 to €5,230
- Gross operating margin +€26,082
up €26,082, from -€14,654 to €11,428
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 | €109,523 | €47,904 | -€61,619 | -56.3% |
| Current assets | 29/58 | €109,523 | €47,904 | -€61,619 | -56.3% |
| Amounts receivable within one year | 40/41 | €39,499 | €17,825 | -€21,675 | -54.9% |
| Trade receivables | 40 | €32,030 | €12,784 | -€19,246 | -60.1% |
| Other amounts receivable | 41 | €7,469 | €5,040 | -€2,429 | -32.5% |
| Cash at bank and in hand | 54/58 | €61,468 | €29,092 | -€32,376 | -52.7% |
| Deferred charges and accrued income | 490/1 | €8,556 | €988 | -€7,568 | -88.5% |
| Total equity and liabilities | 10/49 | €109,523 | €47,904 | -€61,619 | -56.3% |
| Equity | 10/15 | €4,656 | €15,792 | +€11,136 | +239% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €15,687 | €15,687 | = | 0.0% |
| Distributable reserves | 133 | €15,687 | €15,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,032 | -€3,896 | +€11,136 | +74.1% |
| Amounts payable | 17/49 | €104,867 | €32,112 | -€72,755 | -69.4% |
| Amounts payable within one year | 42/48 | €104,854 | €32,112 | -€72,742 | -69.4% |
| Trade debts | 44 | €20,134 | €3,208 | -€16,926 | -84.1% |
| Suppliers | 440/4 | €20,134 | €3,208 | -€16,926 | -84.1% |
| Taxes, remuneration and social security | 45 | €13,950 | €5,230 | -€8,720 | -62.5% |
| Taxes | 450/3 | €13,950 | €5,230 | -€8,720 | -62.5% |
| Other amounts payable | 47/48 | €70,770 | €23,674 | -€47,096 | -66.5% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Gross operating margin | 9900 | -€14,654 | €11,428 | +€26,082 | |
| Operating profit (loss) | 9901 | -€14,654 | €11,428 | +€26,082 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €378 | €292 | -€86 | -22.8% |
| Recurring financial charges | 65 | €378 | €292 | -€86 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,032 | €11,136 | +€26,168 | |
| Profit (loss) for the period | 9904 | -€15,032 | €11,136 | +€26,168 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,032 | €11,136 | +€26,168 |
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 25 October 2026 via checked.be.