KARUK: 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.
KARUK
Largest movements
- Tangible fixed assets -€7,610
down €7,610 (-33.3%), from €22,830 to €15,220
of which Furniture and vehicles: -€4,090
- Stocks and contracts +€5,045
up €5,045 (+232.5%), from €2,170 to €7,215
- Cash -€1,672
down €1,672 (-47.5%), from €3,516 to €1,844
mainly Trade debts (-€12,016) and Stocks and contracts (-€5,045)
- Receivables within one year +€1,472
up €1,472 (+44.6%), from €3,304 to €4,775
- Deferred charges and accrued income -€1,021
no longer reported in 2023 (was €1,021)
- Trade debts -€12,016
down €12,016 (-77.1%), from €15,594 to €3,579
- Profit (loss) carried forward +€10,085
up €10,085 (+520.1%), from €1,939 to €12,025
- Tax, wage and social debts -€1,356
down €1,356 (-79.8%), from €1,699 to €343
of which Taxes: -€1,356
- Contributions -€500
down €500 (-8.0%), from €6,250 to €5,750
- Gross operating margin -€1,228
down €1,228 (-6.4%), from €19,162 to €17,934
- Taxes +€411
no longer reported in 2023 (was -€411)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,841 | €29,055 | -€3,786 | -11.5% |
| Fixed assets | 21/28 | €22,830 | €15,220 | -€7,610 | -33.3% |
| Tangible fixed assets | 22/27 | €22,830 | €15,220 | -€7,610 | -33.3% |
| Plant, machinery and equipment | 23 | €10,560 | €7,040 | -€3,520 | -33.3% |
| Furniture and vehicles | 24 | €12,270 | €8,180 | -€4,090 | -33.3% |
| Current assets | 29/58 | €10,011 | €13,835 | +€3,824 | +38.2% |
| Stocks and contracts in progress | 3 | €2,170 | €7,215 | +€5,045 | +232.5% |
| Stocks | 30/36 | €2,170 | €7,215 | +€5,045 | +232.5% |
| Amounts receivable within one year | 40/41 | €3,304 | €4,775 | +€1,472 | +44.6% |
| Other amounts receivable | 41 | €3,304 | €4,775 | +€1,472 | +44.6% |
| Cash at bank and in hand | 54/58 | €3,516 | €1,844 | -€1,672 | -47.5% |
| Deferred charges and accrued income | 490/1 | €1,021 | - | -€1,021 | |
| Total equity and liabilities | 10/49 | €32,841 | €29,055 | -€3,786 | -11.5% |
| Equity | 10/15 | €10,049 | €19,635 | +€9,585 | +95.4% |
| Contributions | 10/11 | €6,250 | €5,750 | -€500 | -8.0% |
| Capital | 10 | €6,250 | €5,750 | -€500 | -8.0% |
| Issued capital | 100 | €18,600 | €18,100 | -€500 | -2.7% |
| Uncalled capital | 101 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,939 | €12,025 | +€10,085 | +520.1% |
| Amounts payable | 17/49 | €22,792 | €9,420 | -€13,372 | -58.7% |
| Amounts payable within one year | 42/48 | €22,792 | €9,420 | -€13,372 | -58.7% |
| Financial debts | 43 | €5,028 | €5,028 | = | 0.0% |
| Credit institutions | 430/8 | €5,028 | €5,028 | = | 0.0% |
| Trade debts | 44 | €15,594 | €3,579 | -€12,016 | -77.1% |
| Suppliers | 440/4 | €15,594 | €3,579 | -€12,016 | -77.1% |
| Taxes, remuneration and social security | 45 | €1,699 | €343 | -€1,356 | -79.8% |
| Taxes | 450/3 | €1,612 | €256 | -€1,356 | -84.1% |
| Remuneration and social security | 454/9 | €88 | €88 | = | 0.0% |
| Other amounts payable | 47/48 | €470 | €470 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,777 | €7,610 | -€167 | -2.1% |
| Other operating charges | 640/8 | €30 | - | -€30 | |
| Gross operating margin | 9900 | €19,162 | €17,934 | -€1,228 | -6.4% |
| Operating profit (loss) | 9901 | €11,355 | €10,324 | -€1,031 | -9.1% |
| Financial charges | 65/66B | €402 | €238 | -€164 | -40.7% |
| Recurring financial charges | 65 | €402 | €238 | -€164 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €10,952 | €10,085 | -€867 | -7.9% |
| Income taxes | 67/77 | -€411 | - | +€411 | |
| Profit (loss) for the period | 9904 | €11,363 | €10,085 | -€1,278 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,363 | €10,085 | -€1,278 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.