Karpa Products: 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.
Karpa Products
Largest movements
- Tangible fixed assets +€28,876
new in 2025: €28,876
- Receivables within one year +€4,734
new in 2025: €4,734
of which Trade receivables: +€3,710
- Intangible fixed assets +€1,511
new in 2025: €1,511
- Debts after one year +€51,943
new in 2025: €51,943
- Profit (loss) carried forward -€12,107
down €12,107 (-75.8%), from -€15,978 to -€28,085
- Other debts -€8,881
no longer reported in 2025 (was €8,881)
- Trade debts +€2,365
up €2,365 (+264%), from €897 to €3,262
- Tax, wage and social debts +€2,154
new in 2025: €2,154
- Depreciation +€13,863
new in 2025: €13,863
- Gross operating margin +€4,860
new in 2025: €4,860
- Other operating charges +€2,376
up €2,376 (+6,431%), from €37 to €2,413
- Financial charges +€350
up €350 (+212%), from €165 to €515
- Taxes +€177
new in 2025: €177
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 | - | €35,474 | +€35,474 | |
| Fixed assets | 21/28 | - | €30,387 | +€30,387 | |
| Intangible fixed assets | 21 | - | €1,511 | +€1,511 | |
| Tangible fixed assets | 22/27 | - | €28,876 | +€28,876 | |
| Furniture and vehicles | 24 | - | €28,876 | +€28,876 | |
| Current assets | 29/58 | - | €5,087 | +€5,087 | |
| Amounts receivable within one year | 40/41 | - | €4,734 | +€4,734 | |
| Trade receivables | 40 | - | €3,710 | +€3,710 | |
| Other amounts receivable | 41 | - | €1,024 | +€1,024 | |
| Cash at bank and in hand | 54/58 | - | €5 | +€5 | |
| Deferred charges and accrued income | 490/1 | - | €349 | +€349 | |
| Total equity and liabilities | 10/49 | - | €35,474 | +€35,474 | |
| Equity | 10/15 | -€9,778 | -€21,885 | -€12,107 | -124% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,978 | -€28,085 | -€12,107 | -75.8% |
| Amounts payable | 17/49 | €9,778 | €57,358 | +€47,581 | +487% |
| Amounts payable after more than one year | 17 | - | €51,943 | +€51,943 | |
| Other amounts payable | 178/9 | - | €51,943 | +€51,943 | |
| Amounts payable within one year | 42/48 | €9,778 | €5,416 | -€4,362 | -44.6% |
| Trade debts | 44 | €897 | €3,262 | +€2,365 | +264% |
| Suppliers | 440/4 | €897 | €3,262 | +€2,365 | +264% |
| Taxes, remuneration and social security | 45 | - | €2,154 | +€2,154 | |
| Taxes | 450/3 | - | €2,154 | +€2,154 | |
| Other amounts payable | 47/48 | €8,881 | - | -€8,881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13,863 | +€13,863 | |
| Other operating charges | 640/8 | €37 | €2,413 | +€2,376 | +6,431% |
| Gross operating margin | 9900 | - | €4,860 | +€4,860 | |
| Operating profit (loss) | 9901 | -€37 | -€11,415 | -€11,379 | -30,803% |
| Financial charges | 65/66B | €165 | €515 | +€350 | +212% |
| Recurring financial charges | 65 | €165 | €515 | +€350 | +212% |
| Profit (loss) for the period before taxes | 9903 | -€202 | -€11,930 | -€11,728 | -5,808% |
| Income taxes | 67/77 | - | €177 | +€177 | |
| Profit (loss) for the period | 9904 | -€202 | -€12,107 | -€11,905 | -5,896% |
| Profit (loss) for the period to be appropriated | 9905 | -€202 | -€12,107 | -€11,905 | -5,896% |
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 23 October 2026 via checked.be.