KARMANE: 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.
KARMANE
Largest movements
- Cash +€28,313
up €28,313 (+9.9%), from €284,635 to €312,948
mainly Depreciation (+€25,321) and Net result for the year (+€3,562)
- Tangible fixed assets -€25,321
down €25,321 (-9.4%), from €270,469 to €245,148
of which Land and buildings: -€13,576
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€5,260
down €5,260 (-17.2%), from €30,581 to €25,321
- Gross operating margin -€632
down €632 (-1.9%), from €32,901 to €32,270
- Other operating charges -€453
down €453 (-11.4%), from €3,962 to €3,508
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.
Cash bridge derived
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 | €555,854 | €559,829 | +€3,975 | +0.7% |
| Fixed assets | 21/28 | €270,469 | €245,148 | -€25,321 | -9.4% |
| Tangible fixed assets | 22/27 | €270,469 | €245,148 | -€25,321 | -9.4% |
| Land and buildings | 22 | €233,358 | €219,782 | -€13,576 | -5.8% |
| Plant, machinery and equipment | 23 | €2,693 | €1,685 | -€1,007 | -37.4% |
| Furniture and vehicles | 24 | €34,419 | €23,682 | -€10,738 | -31.2% |
| Current assets | 29/58 | €285,384 | €314,681 | +€29,296 | +10.3% |
| Cash at bank and in hand | 54/58 | €284,635 | €312,948 | +€28,313 | +9.9% |
| Deferred charges and accrued income | 490/1 | €749 | €1,732 | +€983 | +131.2% |
| Total equity and liabilities | 10/49 | €555,854 | €559,829 | +€3,975 | +0.7% |
| Equity | 10/15 | €554,314 | €557,876 | +€3,562 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €535,714 | €539,276 | +€3,562 | +0.7% |
| Distributable reserves | 133 | €535,714 | €539,276 | +€3,562 | +0.7% |
| Amounts payable | 17/49 | €1,540 | €1,953 | +€413 | +26.9% |
| Amounts payable within one year | 42/48 | €1,540 | €1,222 | -€317 | -20.6% |
| Taxes, remuneration and social security | 45 | €196 | €48 | -€148 | -75.5% |
| Taxes | 450/3 | €196 | €48 | -€148 | -75.5% |
| Other amounts payable | 47/48 | €1,343 | €1,174 | -€169 | -12.6% |
| Accrued charges and deferred income | 492/3 | - | €731 | +€731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,581 | €25,321 | -€5,260 | -17.2% |
| Other operating charges | 640/8 | €3,962 | €3,508 | -€453 | -11.4% |
| Gross operating margin | 9900 | €32,901 | €32,270 | -€632 | -1.9% |
| Operating profit (loss) | 9901 | -€1,642 | €3,440 | +€5,082 | |
| Financial income | 75/76B | €625 | €933 | +€308 | +49.3% |
| Recurring financial income | 75 | €625 | €933 | +€308 | +49.3% |
| Financial charges | 65/66B | €279 | €284 | +€5 | +1.6% |
| Recurring financial charges | 65 | €279 | €284 | +€5 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,296 | €4,090 | +€5,385 | |
| Income taxes | 67/77 | €384 | €528 | +€144 | +37.5% |
| Profit (loss) for the period | 9904 | -€1,680 | €3,562 | +€5,241 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,680 | €3,562 | +€5,241 |
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 9 October 2026 via checked.be.