KARTUIZER CENTER: 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.
KARTUIZER CENTER
Largest movements
- Tangible fixed assets -€908,069
down €908,069 (-20.9%), from €4.3m to €3.4m
of which Land and buildings: -€907,077
- Cash +€320,507
up €320,507 (+476%), from €67,274 to €387,782
mainly Investment in fixed assets (net) (+€738,168) and Receivables within one year (+€170,720)
- Receivables within one year -€170,720
down €170,720 (-73.0%), from €233,972 to €63,252
of which Trade receivables: -€170,522
- Profit (loss) carried forward -€411,545
down €411,545 (-8.6%), from -€4.8m to -€5.2m
- Short-term financial debts -€300,000
down €300,000 (-100%), from €300,000 to €0
- Trade debts -€50,771
down €50,771 (-25.8%), from €197,163 to €146,392
- Depreciation -€36,416
down €36,416 (-17.7%), from €206,316 to €169,901
- Gross operating margin +€982
up €982 (+1.7%), from -€57,306 to -€56,324
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 | €4,650,158 | €3,890,662 | -€759,496 | -16.3% |
| Fixed assets | 21/28 | €4,338,664 | €3,430,595 | -€908,069 | -20.9% |
| Tangible fixed assets | 22/27 | €4,338,414 | €3,430,345 | -€908,069 | -20.9% |
| Land and buildings | 22 | €4,307,757 | €3,400,679 | -€907,077 | -21.1% |
| Plant, machinery and equipment | 23 | €25,725 | €25,570 | -€154 | -0.6% |
| Furniture and vehicles | 24 | €4,933 | €4,096 | -€837 | -17.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €311,494 | €460,067 | +€148,573 | +47.7% |
| Amounts receivable within one year | 40/41 | €233,972 | €63,252 | -€170,720 | -73.0% |
| Trade receivables | 40 | €232,599 | €62,078 | -€170,522 | -73.3% |
| Other amounts receivable | 41 | €1,372 | €1,174 | -€198 | -14.4% |
| Cash at bank and in hand | 54/58 | €67,274 | €387,782 | +€320,507 | +476% |
| Deferred charges and accrued income | 490/1 | €10,248 | €9,033 | -€1,215 | -11.9% |
| Total equity and liabilities | 10/49 | €4,650,158 | €3,890,662 | -€759,496 | -16.3% |
| Equity | 10/15 | €4,148,830 | €3,737,285 | -€411,545 | -9.9% |
| Contributions | 10/11 | €8,959,000 | €8,959,000 | = | 0.0% |
| Capital | 10 | €8,959,000 | €8,959,000 | = | 0.0% |
| Issued capital | 100 | €8,959,000 | €8,959,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,810,170 | -€5,221,715 | -€411,545 | -8.6% |
| Amounts payable | 17/49 | €501,328 | €153,376 | -€347,952 | -69.4% |
| Amounts payable within one year | 42/48 | €499,218 | €153,376 | -€345,842 | -69.3% |
| Financial debts | 43 | €300,000 | €0 | -€300,000 | -100% |
| Other loans | 439 | €300,000 | €0 | -€300,000 | -100% |
| Trade debts | 44 | €197,163 | €146,392 | -€50,771 | -25.8% |
| Suppliers | 440/4 | €197,163 | €146,392 | -€50,771 | -25.8% |
| Taxes, remuneration and social security | 45 | €2,055 | €6,984 | +€4,929 | +240% |
| Taxes | 450/3 | €2,055 | €6,984 | +€4,929 | +240% |
| Accrued charges and deferred income | 492/3 | €2,110 | €0 | -€2,110 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,316 | €169,901 | -€36,416 | -17.7% |
| Other operating charges | 640/8 | €69,161 | €68,793 | -€367 | -0.5% |
| Non-recurring operating charges | 66A | - | €116,090 | +€116,090 | |
| Gross operating margin | 9900 | -€57,306 | -€56,324 | +€982 | +1.7% |
| Operating profit (loss) | 9901 | -€332,783 | -€411,108 | -€78,325 | -23.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €495 | €436 | -€59 | -11.8% |
| Recurring financial charges | 65 | €495 | €436 | -€59 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€333,278 | -€411,545 | -€78,267 | -23.5% |
| Profit (loss) for the period | 9904 | -€333,278 | -€411,545 | -€78,267 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€333,278 | -€411,545 | -€78,267 | -23.5% |
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 27 October 2026 via checked.be.