KAROBATI: what changed
Two fiscal 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.
KAROBATI
Largest movements
- Cash +€3,159
up €3,159 (+37.5%), from €8,423 to €11,582
mainly Other debts (+€4,285) and Net result for the year (+€2,866)
- Receivables within one year -€1,778
down €1,778 (-6.7%), from €26,475 to €24,697
of which Other amounts receivable: -€14,493
- Tangible fixed assets -€813
down €813 (-86.1%), from €944 to €131
- Tax, wage and social debts -€7,031
no longer reported in 2025 (was €7,031)
- Other debts +€4,285
up €4,285 (+185.4%), from €2,312 to €6,596
- Profit (loss) carried forward +€2,866
up €2,866 (+84.0%), from €3,412 to €6,278
- Trade debts +€2,321
up €2,321 (+88.8%), from €2,615 to €4,936
- Accrued charges and deferred income -€2,044
no longer reported in 2025 (was €2,044)
- Gross operating margin +€3,854
up €3,854 (+618.5%), from €623 to €4,477
- Other operating charges +€548
new in 2025: €548
- Financial charges +€94
up €94 (+59.6%), from €158 to €251
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 | €36,014 | €36,410 | +€396 | +1.1% |
| Fixed assets | 21/28 | €944 | €131 | -€813 | -86.1% |
| Tangible fixed assets | 22/27 | €944 | €131 | -€813 | -86.1% |
| Furniture and vehicles | 24 | €944 | €131 | -€813 | -86.1% |
| Current assets | 29/58 | €35,070 | €36,279 | +€1,209 | +3.4% |
| Amounts receivable after more than one year | 29 | €172 | - | -€172 | |
| Other amounts receivable | 291 | €172 | - | -€172 | |
| Amounts receivable within one year | 40/41 | €26,475 | €24,697 | -€1,778 | -6.7% |
| Trade receivables | 40 | €8,727 | €21,442 | +€12,715 | +145.7% |
| Other amounts receivable | 41 | €17,748 | €3,255 | -€14,493 | -81.7% |
| Cash at bank and in hand | 54/58 | €8,423 | €11,582 | +€3,159 | +37.5% |
| Total equity and liabilities | 10/49 | €36,014 | €36,410 | +€396 | +1.1% |
| Equity | 10/15 | €22,012 | €24,878 | +€2,866 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | €3,412 | €6,278 | +€2,866 | +84.0% |
| Amounts payable | 17/49 | €14,002 | €11,532 | -€2,469 | -17.6% |
| Amounts payable within one year | 42/48 | €11,958 | €11,532 | -€425 | -3.6% |
| Trade debts | 44 | €2,615 | €4,936 | +€2,321 | +88.8% |
| Suppliers | 440/4 | €2,615 | €4,936 | +€2,321 | +88.8% |
| Taxes, remuneration and social security | 45 | €7,031 | - | -€7,031 | |
| Taxes | 450/3 | €7,031 | - | -€7,031 | |
| Other amounts payable | 47/48 | €2,312 | €6,596 | +€4,285 | +185.4% |
| Accrued charges and deferred income | 492/3 | €2,044 | - | -€2,044 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €813 | €813 | = | 0.0% |
| Other operating charges | 640/8 | - | €548 | +€548 | |
| Gross operating margin | 9900 | €623 | €4,477 | +€3,854 | +618.5% |
| Operating profit (loss) | 9901 | -€189 | €3,117 | +€3,306 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €158 | €251 | +€94 | +59.6% |
| Recurring financial charges | 65 | €158 | €251 | +€94 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | -€347 | €2,866 | +€3,212 | |
| Profit (loss) for the period | 9904 | -€347 | €2,866 | +€3,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€347 | €2,866 | +€3,212 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.