SAINT KARLOS: 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.
SAINT KARLOS
Largest movements
- Receivables within one year -€30,632
down €30,632 (-28.8%), from €106,280 to €75,648
of which Trade receivables: -€30,626
- Tangible fixed assets -€24,921
down €24,921 (-52.7%), from €47,253 to €22,332
- Cash -€2,301
down €2,301 (-38.8%), from €5,934 to €3,633
mainly Other debts (-€24,933) and Tax, wage and social debts (-€17,308)
- Other debts -€24,933
down €24,933 (-99.7%), from €25,000 to €67
- Tax, wage and social debts -€17,308
down €17,308 (-20.7%), from €83,458 to €66,150
of which Taxes: -€38,385
- Reserves -€16,737
down €16,737 (-21.9%), from €76,322 to €59,586
- Staff costs +€57,871
up €57,871 (+184%), from €31,505 to €89,376
- Turnover -€24,529
down €24,529 (-5.6%), from €439,051 to €414,522
- Purchases and services -€24,366
down €24,366 (-7.2%), from €339,936 to €315,570
- Depreciation -€13,574
down €13,574 (-48.6%), from €27,908 to €14,334
- Gross operating margin +€11,896
up €11,896 (+11.4%), from €104,573 to €116,469
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 | €193,377 | €133,863 | -€59,514 | -30.8% |
| Fixed assets | 21/28 | €54,224 | €29,972 | -€24,252 | -44.7% |
| Tangible fixed assets | 22/27 | €47,253 | €22,332 | -€24,921 | -52.7% |
| Plant, machinery and equipment | 23 | €9,682 | €6,908 | -€2,774 | -28.6% |
| Furniture and vehicles | 24 | €13,922 | €2,082 | -€11,840 | -85.0% |
| Other tangible fixed assets | 26 | €23,649 | €13,342 | -€10,306 | -43.6% |
| Financial fixed assets | 28 | €6,971 | €7,639 | +€668 | +9.6% |
| Current assets | 29/58 | €139,153 | €103,891 | -€35,262 | -25.3% |
| Stocks and contracts in progress | 3 | €26,539 | €24,609 | -€1,929 | -7.3% |
| Stocks | 30/36 | €26,539 | €24,609 | -€1,929 | -7.3% |
| Amounts receivable within one year | 40/41 | €106,280 | €75,648 | -€30,632 | -28.8% |
| Trade receivables | 40 | €106,052 | €75,426 | -€30,626 | -28.9% |
| Other amounts receivable | 41 | €228 | €222 | -€6 | -2.5% |
| Cash at bank and in hand | 54/58 | €5,934 | €3,633 | -€2,301 | -38.8% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €193,377 | €133,863 | -€59,514 | -30.8% |
| Equity | 10/15 | €84,382 | €67,646 | -€16,737 | -19.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €76,322 | €59,586 | -€16,737 | -21.9% |
| Distributable reserves | 133 | €76,322 | €59,586 | -€16,737 | -21.9% |
| Amounts payable | 17/49 | €108,995 | €66,217 | -€42,778 | -39.2% |
| Amounts payable within one year | 42/48 | €108,995 | €66,217 | -€42,778 | -39.2% |
| Trade debts | 44 | €537 | - | -€537 | |
| Suppliers | 440/4 | €537 | - | -€537 | |
| Taxes, remuneration and social security | 45 | €83,458 | €66,150 | -€17,308 | -20.7% |
| Taxes | 450/3 | €79,628 | €41,243 | -€38,385 | -48.2% |
| Remuneration and social security | 454/9 | €3,830 | €24,907 | +€21,077 | +550% |
| Other amounts payable | 47/48 | €25,000 | €67 | -€24,933 | -99.7% |
| Turnover | 70 | €439,051 | €414,522 | -€24,529 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €339,936 | €315,570 | -€24,366 | -7.2% |
| Remuneration, social security and pensions | 62 | €31,505 | €89,376 | +€57,871 | +184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,908 | €14,334 | -€13,574 | -48.6% |
| Other operating charges | 640/8 | €16,874 | €11,794 | -€5,080 | -30.1% |
| Non-recurring operating charges | 66A | €951 | €13,783 | +€12,833 | +1,350% |
| Gross operating margin | 9900 | €104,573 | €116,469 | +€11,896 | +11.4% |
| Operating profit (loss) | 9901 | €27,335 | -€12,819 | -€40,154 | |
| Financial charges | 65/66B | €135 | €281 | +€146 | +108% |
| Recurring financial charges | 65 | €135 | €281 | +€146 | +108% |
| Profit (loss) for the period before taxes | 9903 | €27,200 | -€13,100 | -€40,300 | |
| Income taxes | 67/77 | €6,383 | €3,637 | -€2,746 | -43.0% |
| Profit (loss) for the period | 9904 | €20,817 | -€16,737 | -€37,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,817 | -€16,737 | -€37,553 |
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 29 October 2026 via checked.be.