K.A.M.D.: 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.
K.A.M.D.
Largest movements
- Cash -€6,065
down €6,065 (-89.5%), from €6,774 to €709
mainly Other debts (-€5,225) and Receivables within one year (-€2,878)
- Tangible fixed assets -€3,300
down €3,300 (-33.3%), from €9,922 to €6,622
- Receivables within one year +€2,878
up €2,878 (+191.0%), from €1,507 to €4,385
- Deferred charges and accrued income -€276
no longer reported in 2025 (was €276)
- Other debts -€5,225
down €5,225 (-72.8%), from €7,180 to €1,955
- Profit (loss) carried forward -€2,339
down €2,339 (-8.2%), from -€28,688 to -€31,027
- Tax, wage and social debts +€2,002
up €2,002 (+444.0%), from €451 to €2,453
of which Remuneration and social security: +€2,002
- Trade debts -€1,201
down €1,201 (-91.4%), from €1,314 to €112
- Turnover -€32,505
no longer reported in 2025 (was €32,505)
- Purchases and services -€26,861
no longer reported in 2025 (was €26,861)
- Gross operating margin +€9,405
up €9,405 (+95.8%), from €9,818 to €19,224
- Staff costs +€2,521
up €2,521 (+18.7%), from €13,471 to €15,992
- Depreciation -€1,778
down €1,778 (-35.0%), from €5,077 to €3,300
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 | €18,680 | €11,917 | -€6,763 | -36.2% |
| Fixed assets | 21/28 | €10,122 | €6,822 | -€3,300 | -32.6% |
| Tangible fixed assets | 22/27 | €9,922 | €6,622 | -€3,300 | -33.3% |
| Furniture and vehicles | 24 | €9,922 | €6,622 | -€3,300 | -33.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €8,558 | €5,094 | -€3,463 | -40.5% |
| Amounts receivable within one year | 40/41 | €1,507 | €4,385 | +€2,878 | +191.0% |
| Other amounts receivable | 41 | €1,507 | €4,385 | +€2,878 | +191.0% |
| Cash at bank and in hand | 54/58 | €6,774 | €709 | -€6,065 | -89.5% |
| Deferred charges and accrued income | 490/1 | €276 | - | -€276 | |
| Total equity and liabilities | 10/49 | €18,680 | €11,917 | -€6,763 | -36.2% |
| Equity | 10/15 | €9,735 | €7,397 | -€2,339 | -24.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €19,831 | €19,831 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €19,831 | +€19,831 | |
| Reserves not available under the articles | 1311 | - | €19,831 | +€19,831 | |
| Distributable reserves | 133 | €19,831 | - | -€19,831 | |
| Profit (loss) carried forward | 14 | -€28,688 | -€31,027 | -€2,339 | -8.2% |
| Amounts payable | 17/49 | €8,945 | €4,520 | -€4,425 | -49.5% |
| Amounts payable within one year | 42/48 | €8,945 | €4,520 | -€4,425 | -49.5% |
| Trade debts | 44 | €1,314 | €112 | -€1,201 | -91.4% |
| Suppliers | 440/4 | €1,314 | €112 | -€1,201 | -91.4% |
| Taxes, remuneration and social security | 45 | €451 | €2,453 | +€2,002 | +444.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €451 | €2,453 | +€2,002 | +444.0% |
| Other amounts payable | 47/48 | €7,180 | €1,955 | -€5,225 | -72.8% |
| Turnover | 70 | €32,505 | - | -€32,505 | |
| Non-recurring operating income | 76A | €74 | - | -€74 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,861 | - | -€26,861 | |
| Remuneration, social security and pensions | 62 | €13,471 | €15,992 | +€2,521 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,077 | €3,300 | -€1,778 | -35.0% |
| Other operating charges | 640/8 | €462 | €2,217 | +€1,755 | +380.2% |
| Non-recurring operating charges | 66A | €4,100 | - | -€4,100 | |
| Gross operating margin | 9900 | €9,818 | €19,224 | +€9,405 | +95.8% |
| Operating profit (loss) | 9901 | -€13,292 | -€2,285 | +€11,007 | +82.8% |
| Financial charges | 65/66B | - | €54 | +€54 | |
| Recurring financial charges | 65 | - | €54 | +€54 | |
| Profit (loss) for the period before taxes | 9903 | -€13,292 | -€2,339 | +€10,953 | +82.4% |
| Profit (loss) for the period | 9904 | -€13,292 | -€2,339 | +€10,953 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,292 | -€2,339 | +€10,953 | +82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.