KARPE DIEM: 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.
KARPE DIEM
Largest movements
- Receivables within one year +€4,351
up €4,351 (+16.0%), from €27,261 to €31,613
of which Other amounts receivable: +€5,413
- Tangible fixed assets -€2,869
down €2,869 (-40.3%), from €7,120 to €4,252
- Cash -€786
down €786 (-32.4%), from €2,425 to €1,639
mainly Receivables within one year (-€4,351) and Deferred charges and accrued income (-€393)
- Deferred charges and accrued income +€393
new in 2025: €393
- Reserves +€1,318
up €1,318 (+14.5%), from €9,115 to €10,433
- Gross operating margin -€6,956
down €6,956 (-51.6%), from €13,475 to €6,520
- Taxes -€1,662
down €1,662 (-54.4%), from €3,056 to €1,394
- Depreciation -€1,024
down €1,024 (-26.3%), from €3,893 to €2,869
- Other operating charges -€319
down €319 (-30.3%), from €1,052 to €733
- Financial charges +€197
up €197 (+223%), from €88 to €285
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 | €37,346 | €38,418 | +€1,072 | +2.9% |
| Fixed assets | 21/28 | €7,120 | €4,252 | -€2,869 | -40.3% |
| Tangible fixed assets | 22/27 | €7,120 | €4,252 | -€2,869 | -40.3% |
| Land and buildings | 22 | €1,250 | €1,035 | -€215 | -17.2% |
| Plant, machinery and equipment | 23 | €649 | - | -€649 | |
| Furniture and vehicles | 24 | €2,943 | €1,572 | -€1,371 | -46.6% |
| Other tangible fixed assets | 26 | €2,278 | €1,644 | -€634 | -27.8% |
| Current assets | 29/58 | €30,225 | €34,166 | +€3,940 | +13.0% |
| Stocks and contracts in progress | 3 | €539 | €521 | -€18 | -3.4% |
| Stocks | 30/36 | €539 | €521 | -€18 | -3.4% |
| Amounts receivable within one year | 40/41 | €27,261 | €31,613 | +€4,351 | +16.0% |
| Trade receivables | 40 | €1,550 | €488 | -€1,061 | -68.5% |
| Other amounts receivable | 41 | €25,712 | €31,124 | +€5,413 | +21.1% |
| Cash at bank and in hand | 54/58 | €2,425 | €1,639 | -€786 | -32.4% |
| Deferred charges and accrued income | 490/1 | - | €393 | +€393 | |
| Total equity and liabilities | 10/49 | €37,346 | €38,418 | +€1,072 | +2.9% |
| Equity | 10/15 | €31,115 | €32,433 | +€1,318 | +4.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €9,115 | €10,433 | +€1,318 | +14.5% |
| Distributable reserves | 133 | €9,115 | €10,433 | +€1,318 | +14.5% |
| Amounts payable | 17/49 | €6,231 | €5,984 | -€246 | -4.0% |
| Amounts payable within one year | 42/48 | €6,231 | €5,949 | -€281 | -4.5% |
| Trade debts | 44 | €1,381 | €1,378 | -€3 | -0.2% |
| Suppliers | 440/4 | €1,381 | €1,378 | -€3 | -0.2% |
| Taxes, remuneration and social security | 45 | €4,850 | €4,572 | -€279 | -5.7% |
| Taxes | 450/3 | €4,850 | €4,572 | -€279 | -5.7% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,893 | €2,869 | -€1,024 | -26.3% |
| Other operating charges | 640/8 | €1,052 | €733 | -€319 | -30.3% |
| Gross operating margin | 9900 | €13,475 | €6,520 | -€6,956 | -51.6% |
| Operating profit (loss) | 9901 | €8,531 | €2,918 | -€5,613 | -65.8% |
| Financial income | 75/76B | €242 | €79 | -€164 | -67.5% |
| Recurring financial income | 75 | €242 | €79 | -€164 | -67.5% |
| Financial charges | 65/66B | €88 | €285 | +€197 | +223% |
| Recurring financial charges | 65 | €88 | €285 | +€197 | +223% |
| Profit (loss) for the period before taxes | 9903 | €8,685 | €2,712 | -€5,973 | -68.8% |
| Income taxes | 67/77 | €3,056 | €1,394 | -€1,662 | -54.4% |
| Profit (loss) for the period | 9904 | €5,629 | €1,318 | -€4,310 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,629 | €1,318 | -€4,310 | -76.6% |
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 21 October 2026 via checked.be.