Karré Mont: what changed
Karré Mont
Largest movements
- Tangible fixed assets +€324,251
up €324,251 (+68.7%), from €472,298 to €796,550
of which Land and buildings: +€324,362
- Receivables within one year +€147,346
up €147,346 (+1,889%), from €7,801 to €155,147
of which Trade receivables: +€150,912
- Cash -€81,178
down €81,178 (-86.7%), from €93,582 to €12,404
mainly Investment in fixed assets (net) (-€350,868) and Receivables within one year (-€147,346)
- Debts after one year +€354,300
up €354,300 (+81.3%), from €435,967 to €790,267
- Reserves +€43,337
new in 2025: €43,337
- Trade debts -€23,907
down €23,907 (-65.7%), from €36,395 to €12,488
- Tax, wage and social debts +€11,100
new in 2025: €11,100
- Gross operating margin +€68,866
up €68,866 (+1,432%), from €4,810 to €73,676
- Depreciation +€9,926
up €9,926 (+59.5%), from €16,691 to €26,617
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €576,528 | €967,166 | +€390,638 | +67.8% |
| Fixed assets | 21/28 | €472,298 | €796,550 | +€324,251 | +68.7% |
| Tangible fixed assets | 22/27 | €472,298 | €796,550 | +€324,251 | +68.7% |
| Land and buildings | 22 | €471,915 | €796,277 | +€324,362 | +68.7% |
| Plant, machinery and equipment | 23 | €383 | €273 | -€110 | -28.8% |
| Current assets | 29/58 | €104,230 | €170,617 | +€66,387 | +63.7% |
| Amounts receivable within one year | 40/41 | €7,801 | €155,147 | +€147,346 | +1,889% |
| Trade receivables | 40 | €4,235 | €155,147 | +€150,912 | +3,563% |
| Other amounts receivable | 41 | €3,566 | - | -€3,566 | |
| Cash at bank and in hand | 54/58 | €93,582 | €12,404 | -€81,178 | -86.7% |
| Deferred charges and accrued income | 490/1 | €2,847 | €3,066 | +€219 | +7.7% |
| Total equity and liabilities | 10/49 | €576,528 | €967,166 | +€390,638 | +67.8% |
| Equity | 10/15 | €102,193 | €148,337 | +€46,145 | +45.2% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | - | €43,337 | +€43,337 | |
| Distributable reserves | 133 | - | €43,337 | +€43,337 | |
| Profit (loss) carried forward | 14 | -€2,807 | - | +€2,807 | |
| Amounts payable | 17/49 | €474,336 | €818,829 | +€344,493 | +72.6% |
| Amounts payable after more than one year | 17 | €435,967 | €790,267 | +€354,300 | +81.3% |
| Financial debts | 170/4 | €435,967 | €790,267 | +€354,300 | +81.3% |
| Amounts payable within one year | 42/48 | €38,369 | €28,562 | -€9,807 | -25.6% |
| Trade debts | 44 | €36,395 | €12,488 | -€23,907 | -65.7% |
| Suppliers | 440/4 | €36,395 | €12,488 | -€23,907 | -65.7% |
| Taxes, remuneration and social security | 45 | - | €11,100 | +€11,100 | |
| Taxes | 450/3 | - | €11,100 | +€11,100 | |
| Other amounts payable | 47/48 | €1,974 | €4,974 | +€3,000 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,691 | €26,617 | +€9,926 | +59.5% |
| Other operating charges | 640/8 | €772 | €855 | +€82 | +10.6% |
| Gross operating margin | 9900 | €4,810 | €73,676 | +€68,866 | +1,432% |
| Operating profit (loss) | 9901 | -€12,654 | €46,205 | +€58,858 | |
| Financial income | 75/76B | €80 | €10 | -€70 | -87.1% |
| Recurring financial income | 75 | €80 | €10 | -€70 | -87.1% |
| Financial charges | 65/66B | €486 | €70 | -€416 | -85.5% |
| Recurring financial charges | 65 | €486 | €70 | -€416 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,060 | €46,145 | +€59,205 | |
| Profit (loss) for the period | 9904 | -€13,060 | €46,145 | +€59,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,060 | €46,145 | +€59,205 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.