Karma Events: 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 Events
Largest movements
- Tangible fixed assets -€28,854
down €28,854 (-9.8%), from €292,993 to €264,139
of which Land and buildings: -€18,350
- Receivables within one year +€13,324
up €13,324 (+135%), from €9,859 to €23,184
of which Trade receivables: +€13,596
- Cash -€4,624
down €4,624 (-61.3%), from €7,538 to €2,914
mainly Debts after one year (-€21,669) and Receivables within one year (-€13,324)
- Debts after one year -€21,669
down €21,669 (-9.9%), from €218,867 to €197,199
- Profit (loss) carried forward +€9,409
up €9,409 (+50.1%), from €18,763 to €28,172
- Trade debts -€8,489
down €8,489 (-24.9%), from €34,075 to €25,586
- Staff costs -€14,133
down €14,133 (-33.1%), from €42,668 to €28,535
- Gross operating margin +€9,759
up €9,759 (+14.1%), from €69,114 to €78,873
- Other operating charges +€3,815
up €3,815 (+1,448%), from €263 to €4,078
- Depreciation +€3,719
up €3,719 (+14.8%), from €25,135 to €28,854
- Financial charges +€821
up €821 (+11.6%), from €7,068 to €7,889
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 | €341,890 | €323,352 | -€18,538 | -5.4% |
| Fixed assets | 21/28 | €292,993 | €264,139 | -€28,854 | -9.8% |
| Tangible fixed assets | 22/27 | €292,993 | €264,139 | -€28,854 | -9.8% |
| Land and buildings | 22 | €273,721 | €255,371 | -€18,350 | -6.7% |
| Plant, machinery and equipment | 23 | €17,427 | €7,846 | -€9,581 | -55.0% |
| Furniture and vehicles | 24 | €1,844 | €922 | -€922 | -50.0% |
| Current assets | 29/58 | €48,897 | €59,213 | +€10,315 | +21.1% |
| Stocks and contracts in progress | 3 | €28,500 | €28,500 | = | 0.0% |
| Stocks | 30/36 | €28,500 | €28,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,859 | €23,184 | +€13,324 | +135% |
| Trade receivables | 40 | €7,998 | €21,594 | +€13,596 | +170% |
| Other amounts receivable | 41 | €1,861 | €1,589 | -€272 | -14.6% |
| Cash at bank and in hand | 54/58 | €7,538 | €2,914 | -€4,624 | -61.3% |
| Deferred charges and accrued income | 490/1 | €3,000 | €4,615 | +€1,615 | +53.8% |
| Total equity and liabilities | 10/49 | €341,890 | €323,352 | -€18,538 | -5.4% |
| Equity | 10/15 | €27,123 | €36,532 | +€9,409 | +34.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | - | -€6,500 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,100 | - | -€12,100 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €18,763 | €28,172 | +€9,409 | +50.1% |
| Amounts payable | 17/49 | €314,767 | €286,820 | -€27,947 | -8.9% |
| Amounts payable after more than one year | 17 | €218,867 | €197,199 | -€21,669 | -9.9% |
| Financial debts | 170/4 | €218,867 | €197,199 | -€21,669 | -9.9% |
| Amounts payable within one year | 42/48 | €95,899 | €89,621 | -€6,278 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €21,219 | €21,455 | +€236 | +1.1% |
| Trade debts | 44 | €34,075 | €25,586 | -€8,489 | -24.9% |
| Suppliers | 440/4 | €34,075 | €25,586 | -€8,489 | -24.9% |
| Taxes, remuneration and social security | 45 | €12,506 | €14,480 | +€1,974 | +15.8% |
| Taxes | 450/3 | €12,506 | €14,480 | +€1,974 | +15.8% |
| Other amounts payable | 47/48 | €28,100 | €28,100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €42,668 | €28,535 | -€14,133 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,135 | €28,854 | +€3,719 | +14.8% |
| Other operating charges | 640/8 | €263 | €4,078 | +€3,815 | +1,448% |
| Gross operating margin | 9900 | €69,114 | €78,873 | +€9,759 | +14.1% |
| Operating profit (loss) | 9901 | €1,048 | €17,407 | +€16,359 | +1,561% |
| Financial charges | 65/66B | €7,068 | €7,889 | +€821 | +11.6% |
| Recurring financial charges | 65 | €7,068 | €7,889 | +€821 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,020 | €9,518 | +€15,538 | |
| Income taxes | 67/77 | - | €109 | +€109 | |
| Profit (loss) for the period | 9904 | -€6,020 | €9,409 | +€15,429 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,020 | €9,409 | +€15,429 |
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 29 October 2026 via checked.be.