KAROOT: 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.
KAROOT
Largest movements
- Tangible fixed assets -€9,374
down €9,374 (-19.9%), from €47,133 to €37,759
of which Plant, machinery and equipment: -€7,092
- Debts after one year -€19,084
down €19,084 (-28.4%), from €67,270 to €48,185
- Contributions +€13,250
up €13,250 (+26.9%), from €49,250 to €62,500
- Profit (loss) carried forward -€4,680
down €4,680 (-7.8%), from -€59,767 to -€64,447
- Trade debts -€2,438
down €2,438 (-28.5%), from €8,558 to €6,121
- Accrued charges and deferred income +€2,368
up €2,368 (+100.2%), from €2,363 to €4,731
- Staff costs -€26,001
down €26,001 (-39.0%), from €66,679 to €40,678
- Gross operating margin -€12,549
down €12,549 (-20.1%), from €62,332 to €49,782
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 | €100,021 | €90,431 | -€9,590 | -9.6% |
| Fixed assets | 21/28 | €54,679 | €45,233 | -€9,447 | -17.3% |
| Intangible fixed assets | 21 | €422 | €322 | -€100 | -23.7% |
| Tangible fixed assets | 22/27 | €47,133 | €37,759 | -€9,374 | -19.9% |
| Land and buildings | 22 | €3,303 | €2,851 | -€452 | -13.7% |
| Plant, machinery and equipment | 23 | €39,737 | €32,645 | -€7,092 | -17.8% |
| Furniture and vehicles | 24 | €4,093 | €2,262 | -€1,830 | -44.7% |
| Financial fixed assets | 28 | €7,125 | €7,153 | +€27 | +0.4% |
| Current assets | 29/58 | €45,342 | €45,199 | -€143 | -0.3% |
| Stocks and contracts in progress | 3 | €10,780 | €10,397 | -€383 | -3.6% |
| Stocks | 30/36 | €10,780 | €10,397 | -€383 | -3.6% |
| Amounts receivable within one year | 40/41 | €1,303 | €1,248 | -€55 | -4.2% |
| Trade receivables | 40 | €732 | €748 | +€16 | +2.2% |
| Other amounts receivable | 41 | €571 | €499 | -€71 | -12.5% |
| Cash at bank and in hand | 54/58 | €31,079 | €31,002 | -€77 | -0.2% |
| Deferred charges and accrued income | 490/1 | €2,180 | €2,552 | +€372 | +17.1% |
| Total equity and liabilities | 10/49 | €100,021 | €90,431 | -€9,590 | -9.6% |
| Equity | 10/15 | -€10,517 | -€1,947 | +€8,570 | +81.5% |
| Contributions | 10/11 | €49,250 | €62,500 | +€13,250 | +26.9% |
| Profit (loss) carried forward | 14 | -€59,767 | -€64,447 | -€4,680 | -7.8% |
| Amounts payable | 17/49 | €110,538 | €92,378 | -€18,160 | -16.4% |
| Amounts payable after more than one year | 17 | €67,270 | €48,185 | -€19,084 | -28.4% |
| Financial debts | 170/4 | €67,270 | €48,185 | -€19,084 | -28.4% |
| Amounts payable within one year | 42/48 | €40,905 | €39,462 | -€1,443 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €16,846 | €19,084 | +€2,239 | +13.3% |
| Trade debts | 44 | €8,558 | €6,121 | -€2,438 | -28.5% |
| Suppliers | 440/4 | €8,558 | €6,121 | -€2,438 | -28.5% |
| Taxes, remuneration and social security | 45 | €15,501 | €14,257 | -€1,244 | -8.0% |
| Taxes | 450/3 | €7,567 | €9,156 | +€1,589 | +21.0% |
| Remuneration and social security | 454/9 | €7,934 | €5,101 | -€2,833 | -35.7% |
| Accrued charges and deferred income | 492/3 | €2,363 | €4,731 | +€2,368 | +100.2% |
| Remuneration, social security and pensions | 62 | €66,679 | €40,678 | -€26,001 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,073 | €10,213 | +€140 | +1.4% |
| Other operating charges | 640/8 | €3,004 | €2,468 | -€536 | -17.8% |
| Gross operating margin | 9900 | €62,332 | €49,782 | -€12,549 | -20.1% |
| Operating profit (loss) | 9901 | -€17,424 | -€3,577 | +€13,847 | +79.5% |
| Financial income | 75/76B | €81 | €35 | -€46 | -57.1% |
| Recurring financial income | 75 | €81 | €35 | -€46 | -57.1% |
| Financial charges | 65/66B | €1,373 | €1,138 | -€235 | -17.1% |
| Recurring financial charges | 65 | €1,373 | €1,138 | -€235 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,716 | -€4,680 | +€14,036 | +75.0% |
| Profit (loss) for the period | 9904 | -€18,716 | -€4,680 | +€14,036 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,716 | -€4,680 | +€14,036 | +75.0% |
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 11 October 2026 via checked.be.