KARTU: 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.
KARTU
Largest movements
- Receivables within one year +€1,351
up €1,351 (+652%), from €207 to €1,558
of which Trade receivables: +€1,288
- Cash -€1,089
no longer reported in 2025 (was €1,089)
mainly Receivables within one year (-€1,351) and Net result for the year (-€1,188)
- Trade debts +€1,499
up €1,499 (+166%), from €902 to €2,400
- Profit (loss) carried forward -€1,188
down €1,188 (-2.6%), from -€46,216 to -€47,403
- Other debts -€729
down €729 (-14.9%), from €4,901 to €4,172
- Short-term financial debts +€680
new in 2025: €680
- Gross operating margin +€909
up €909 (+93.3%), from -€975 to -€66
- Other operating charges +€397
up €397 (+102%), from €387 to €784
- Financial charges +€291
up €291 (+618%), from €47 to €338
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 | €1,296 | €1,558 | +€262 | +20.2% |
| Current assets | 29/58 | €1,296 | €1,558 | +€262 | +20.2% |
| Amounts receivable within one year | 40/41 | €207 | €1,558 | +€1,351 | +652% |
| Trade receivables | 40 | - | €1,288 | +€1,288 | |
| Other amounts receivable | 41 | €207 | €270 | +€63 | +30.4% |
| Cash at bank and in hand | 54/58 | €1,089 | - | -€1,089 | |
| Total equity and liabilities | 10/49 | €1,296 | €1,558 | +€262 | +20.2% |
| Equity | 10/15 | -€4,506 | -€5,694 | -€1,188 | -26.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,310 | €29,310 | = | 0.0% |
| Distributable reserves | 133 | €29,310 | €29,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,216 | -€47,403 | -€1,188 | -2.6% |
| Amounts payable | 17/49 | €5,802 | €7,252 | +€1,450 | +25.0% |
| Amounts payable within one year | 42/48 | €5,802 | €7,252 | +€1,450 | +25.0% |
| Financial debts | 43 | - | €680 | +€680 | |
| Credit institutions | 430/8 | - | €680 | +€680 | |
| Trade debts | 44 | €902 | €2,400 | +€1,499 | +166% |
| Suppliers | 440/4 | €902 | €2,400 | +€1,499 | +166% |
| Other amounts payable | 47/48 | €4,901 | €4,172 | -€729 | -14.9% |
| Other operating charges | 640/8 | €387 | €784 | +€397 | +102% |
| Gross operating margin | 9900 | -€975 | -€66 | +€909 | +93.3% |
| Operating profit (loss) | 9901 | -€1,362 | -€850 | +€512 | +37.6% |
| Financial charges | 65/66B | €47 | €338 | +€291 | +618% |
| Recurring financial charges | 65 | €47 | €338 | +€291 | +618% |
| Profit (loss) for the period before taxes | 9903 | -€1,409 | -€1,188 | +€222 | +15.7% |
| Profit (loss) for the period | 9904 | -€1,409 | -€1,188 | +€222 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,409 | -€1,188 | +€222 | +15.7% |
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 19 October 2026 via checked.be.