Karste Services: 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.
Karste Services
Largest movements
- Cash -€134,433
down €134,433 (-73.8%), from €182,217 to €47,784
mainly Other debts (-€134,000) and Current investments (-€132,069)
- Current investments +€132,069
up €132,069 (+17.6%), from €750,000 to €882,069
- Intangible fixed assets -€114,518
down €114,518 (-44.2%), from €258,843 to €144,325
- Receivables within one year -€113,627
down €113,627 (-60.0%), from €189,299 to €75,672
of which Other amounts receivable: -€94,450
- Tangible fixed assets -€66,608
down €66,608 (-13.6%), from €489,092 to €422,484
of which Land and buildings: -€33,636
- Other debts -€134,000
down €134,000 (-74.4%), from €180,000 to €46,000
- Profit (loss) carried forward -€105,989
down €105,989 (-11.1%), from €956,395 to €850,406
- Tax, wage and social debts -€58,945
down €58,945 (-87.9%), from €67,052 to €8,108
- Short-term financial debts +€28,281
new in 2025: €28,281
- Gross operating margin -€621,513
down €621,513 (-77.6%), from €800,424 to €178,910
- Taxes -€208,488
down €208,488 (-90.5%), from €230,333 to €21,845
- Financial income +€9,916
up €9,916 (+287.0%), from €3,455 to €13,372
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 | €1,869,451 | €1,599,268 | -€270,182 | -14.5% |
| Fixed assets | 21/28 | €747,935 | €566,809 | -€181,126 | -24.2% |
| Intangible fixed assets | 21 | €258,843 | €144,325 | -€114,518 | -44.2% |
| Tangible fixed assets | 22/27 | €489,092 | €422,484 | -€66,608 | -13.6% |
| Land and buildings | 22 | €198,404 | €164,768 | -€33,636 | -17.0% |
| Plant, machinery and equipment | 23 | €213,604 | €185,222 | -€28,382 | -13.3% |
| Furniture and vehicles | 24 | €77,085 | €72,494 | -€4,591 | -6.0% |
| Current assets | 29/58 | €1,121,516 | €1,032,460 | -€89,056 | -7.9% |
| Amounts receivable within one year | 40/41 | €189,299 | €75,672 | -€113,627 | -60.0% |
| Trade receivables | 40 | €51,635 | €32,458 | -€19,177 | -37.1% |
| Other amounts receivable | 41 | €137,664 | €43,214 | -€94,450 | -68.6% |
| Current investments | 50/53 | €750,000 | €882,069 | +€132,069 | +17.6% |
| Cash at bank and in hand | 54/58 | €182,217 | €47,784 | -€134,433 | -73.8% |
| Deferred charges and accrued income | 490/1 | - | €26,934 | +€26,934 | |
| Total equity and liabilities | 10/49 | €1,869,451 | €1,599,268 | -€270,182 | -14.5% |
| Equity | 10/15 | €1,345,952 | €1,239,963 | -€105,989 | -7.9% |
| Contributions | 10/11 | €12,697 | €12,697 | = | 0.0% |
| Reserves | 13 | €376,859 | €376,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €956,395 | €850,406 | -€105,989 | -11.1% |
| Provisions and deferred taxes | 16 | €260,118 | €260,118 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €260,118 | €260,118 | = | 0.0% |
| Pensions and similar obligations | 160 | €260,118 | €260,118 | = | 0.0% |
| Amounts payable | 17/49 | €263,380 | €99,187 | -€164,193 | -62.3% |
| Amounts payable within one year | 42/48 | €263,380 | €99,187 | -€164,193 | -62.3% |
| Financial debts | 43 | - | €28,281 | +€28,281 | |
| Credit institutions | 430/8 | - | €28,281 | +€28,281 | |
| Trade debts | 44 | €16,328 | €16,073 | -€255 | -1.6% |
| Suppliers | 440/4 | €16,328 | €16,073 | -€255 | -1.6% |
| Advances received on contracts in progress | 46 | - | €726 | +€726 | |
| Taxes, remuneration and social security | 45 | €67,052 | €8,108 | -€58,945 | -87.9% |
| Taxes | 450/3 | €67,052 | €8,108 | -€58,945 | -87.9% |
| Other amounts payable | 47/48 | €180,000 | €46,000 | -€134,000 | -74.4% |
| Non-recurring operating income | 76A | €751 | €30,000 | +€29,249 | +3893.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,002 | €187,595 | -€1,408 | -0.7% |
| Other operating charges | 640/8 | €7,376 | €3,239 | -€4,137 | -56.1% |
| Non-recurring operating charges | 66A | - | €38,470 | +€38,470 | |
| Gross operating margin | 9900 | €800,424 | €178,910 | -€621,513 | -77.6% |
| Operating profit (loss) | 9901 | €604,045 | -€50,393 | -€654,438 | |
| Financial income | 75/76B | €3,455 | €13,372 | +€9,916 | +287.0% |
| Recurring financial income | 75 | €3,455 | €13,372 | +€9,916 | +287.0% |
| Financial charges | 65/66B | €1,056 | €1,122 | +€66 | +6.2% |
| Recurring financial charges | 65 | €1,056 | €1,122 | +€66 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €606,444 | -€38,144 | -€644,588 | |
| Income taxes | 67/77 | €230,333 | €21,845 | -€208,488 | -90.5% |
| Profit (loss) for the period | 9904 | €376,111 | -€59,989 | -€436,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €376,111 | -€59,989 | -€436,100 |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.