KARMA YOGA: 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 YOGA
Largest movements
- Tangible fixed assets +€252,015
up €252,015 (+80.8%), from €311,796 to €563,811
of which Land and buildings: +€429,664
- Cash -€108,819
down €108,819 (-60.5%), from €179,792 to €70,972
mainly Investment in fixed assets (net) (-€271,781) and Accrued charges and deferred income (-€11,759)
- Receivables within one year -€33,613
down €33,613 (-58.9%), from €57,070 to €23,458
of which Other amounts receivable: -€39,847
- Other debts +€36,364
new in 2025: €36,364
- Profit (loss) carried forward +€33,622
up €33,622 (+37.7%), from €89,167 to €122,789
- Debts after one year +€28,540
up €28,540 (+8.1%), from €350,607 to €379,147
- Current portion of long-term debt +€20,201
new in 2025: €20,201
- Accrued charges and deferred income -€11,759
down €11,759 (-19.9%), from €59,041 to €47,281
- Gross operating margin +€63,174
up €63,174 (+276%), from €22,892 to €86,066
- Depreciation +€19,012
up €19,012 (+2,523%), from €754 to €19,766
- Financial charges +€12,452
up €12,452 (+206%), from €6,045 to €18,497
- Taxes +€5,634
up €5,634 (+148%), from €3,803 to €9,437
- Other operating charges +€3,087
up €3,087 (+186%), from €1,663 to €4,750
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 | €549,150 | €658,737 | +€109,587 | +20.0% |
| Fixed assets | 21/28 | €311,796 | €563,811 | +€252,015 | +80.8% |
| Tangible fixed assets | 22/27 | €311,796 | €563,811 | +€252,015 | +80.8% |
| Land and buildings | 22 | - | €429,664 | +€429,664 | |
| Furniture and vehicles | 24 | €1,879 | €1,125 | -€754 | -40.1% |
| Assets under construction and advance payments | 27 | €309,917 | €133,023 | -€176,895 | -57.1% |
| Current assets | 29/58 | €237,354 | €94,925 | -€142,429 | -60.0% |
| Amounts receivable within one year | 40/41 | €57,070 | €23,458 | -€33,613 | -58.9% |
| Trade receivables | 40 | €1,160 | €7,395 | +€6,235 | +537% |
| Other amounts receivable | 41 | €55,910 | €16,063 | -€39,847 | -71.3% |
| Cash at bank and in hand | 54/58 | €179,792 | €70,972 | -€108,819 | -60.5% |
| Deferred charges and accrued income | 490/1 | €492 | €495 | +€3 | +0.6% |
| Total equity and liabilities | 10/49 | €549,150 | €658,737 | +€109,587 | +20.0% |
| Equity | 10/15 | €101,667 | €135,289 | +€33,622 | +33.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,167 | €122,789 | +€33,622 | +37.7% |
| Amounts payable | 17/49 | €447,483 | €523,448 | +€75,965 | +17.0% |
| Amounts payable after more than one year | 17 | €350,607 | €379,147 | +€28,540 | +8.1% |
| Financial debts | 170/4 | €350,607 | €379,147 | +€28,540 | +8.1% |
| Amounts payable within one year | 42/48 | €37,836 | €97,020 | +€59,184 | +156% |
| Current portion of amounts payable after more than one year | 42 | - | €20,201 | +€20,201 | |
| Trade debts | 44 | €5,659 | €14,297 | +€8,638 | +153% |
| Suppliers | 440/4 | €5,659 | €14,297 | +€8,638 | +153% |
| Taxes, remuneration and social security | 45 | €32,177 | €26,158 | -€6,019 | -18.7% |
| Taxes | 450/3 | €32,177 | €26,158 | -€6,019 | -18.7% |
| Other amounts payable | 47/48 | - | €36,364 | +€36,364 | |
| Accrued charges and deferred income | 492/3 | €59,041 | €47,281 | -€11,759 | -19.9% |
| Remuneration, social security and pensions | 62 | €472 | - | -€472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €754 | €19,766 | +€19,012 | +2,523% |
| Other operating charges | 640/8 | €1,663 | €4,750 | +€3,087 | +186% |
| Gross operating margin | 9900 | €22,892 | €86,066 | +€63,174 | +276% |
| Operating profit (loss) | 9901 | €20,004 | €61,550 | +€41,546 | +208% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €6,045 | €18,497 | +€12,452 | +206% |
| Recurring financial charges | 65 | €6,045 | €18,497 | +€12,452 | +206% |
| Profit (loss) for the period before taxes | 9903 | €13,959 | €43,059 | +€29,100 | +208% |
| Income taxes | 67/77 | €3,803 | €9,437 | +€5,634 | +148% |
| Profit (loss) for the period | 9904 | €10,155 | €33,622 | +€23,466 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €10,155 | €33,622 | +€23,466 | +231% |
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 15 October 2026 via checked.be.