Ka'limero: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Ka'limero
Largest movements
- Receivables within one year +€10,559
up €10,559 (+60.4%), from €17,472 to €28,031
of which Other amounts receivable: +€11,384
- Cash -€3,909
down €3,909 (-71.1%), from €5,500 to €1,591
mainly Investment in fixed assets (net) (-€12,300) and Receivables within one year (-€10,559)
- Tangible fixed assets -€3,495
down €3,495 (-6.6%), from €52,892 to €49,398
of which Leasing and similar rights: -€2,007
- Trade debts +€4,543
up €4,543 (+53.6%), from €8,475 to €13,017
- Tax, wage and social debts +€2,609
up €2,609 (+29.1%), from €8,981 to €11,590
of which Remuneration and social security: +€1,553
- Debts after one year -€2,228
down €2,228 (-79.4%), from €2,807 to €579
- Accrued charges and deferred income -€844
no longer reported in 2025 (was €844)
- Staff costs +€78,405
up €78,405 (+985%), from €7,957 to €86,361
- Gross operating margin +€36,193
up €36,193 (+54.5%), from €66,385 to €102,578
- Taxes -€4,942
down €4,942 (-82.4%), from €5,998 to €1,056
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,864 | €79,511 | +€3,647 | +4.8% |
| Fixed assets | 21/28 | €52,892 | €49,398 | -€3,495 | -6.6% |
| Tangible fixed assets | 22/27 | €52,892 | €49,398 | -€3,495 | -6.6% |
| Furniture and vehicles | 24 | €6,235 | €6,006 | -€229 | -3.7% |
| Leasing and similar rights | 25 | €4,569 | €2,562 | -€2,007 | -43.9% |
| Other tangible fixed assets | 26 | €42,089 | €40,829 | -€1,259 | -3.0% |
| Current assets | 29/58 | €22,972 | €30,114 | +€7,142 | +31.1% |
| Amounts receivable within one year | 40/41 | €17,472 | €28,031 | +€10,559 | +60.4% |
| Trade receivables | 40 | €14,767 | €13,942 | -€825 | -5.6% |
| Other amounts receivable | 41 | €2,705 | €14,089 | +€11,384 | +421% |
| Cash at bank and in hand | 54/58 | €5,500 | €1,591 | -€3,909 | -71.1% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €75,864 | €79,511 | +€3,647 | +4.8% |
| Equity | 10/15 | €52,663 | €52,096 | -€567 | -1.1% |
| Contributions | 10/11 | €12,912 | €12,912 | = | 0.0% |
| Reserves | 13 | €39,751 | €39,184 | -€567 | -1.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,891 | €37,324 | -€567 | -1.5% |
| Amounts payable | 17/49 | €23,201 | €27,415 | +€4,214 | +18.2% |
| Amounts payable after more than one year | 17 | €2,807 | €579 | -€2,228 | -79.4% |
| Financial debts | 170/4 | €2,807 | €579 | -€2,228 | -79.4% |
| Amounts payable within one year | 42/48 | €19,550 | €26,836 | +€7,286 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €2,094 | €2,228 | +€134 | +6.4% |
| Trade debts | 44 | €8,475 | €13,017 | +€4,543 | +53.6% |
| Suppliers | 440/4 | €8,475 | €13,017 | +€4,543 | +53.6% |
| Taxes, remuneration and social security | 45 | €8,981 | €11,590 | +€2,609 | +29.1% |
| Taxes | 450/3 | €6,007 | €7,064 | +€1,056 | +17.6% |
| Remuneration and social security | 454/9 | €2,973 | €4,526 | +€1,553 | +52.2% |
| Accrued charges and deferred income | 492/3 | €844 | - | -€844 | |
| Remuneration, social security and pensions | 62 | €7,957 | €86,361 | +€78,405 | +985% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,270 | €15,795 | +€525 | +3.4% |
| Other operating charges | 640/8 | €795 | €405 | -€389 | -49.0% |
| Gross operating margin | 9900 | €66,385 | €102,578 | +€36,193 | +54.5% |
| Operating profit (loss) | 9901 | €42,363 | €16 | -€42,347 | -100.0% |
| Financial income | 75/76B | - | €598 | +€598 | |
| Recurring financial income | 75 | - | €598 | +€598 | |
| Financial charges | 65/66B | €969 | €125 | -€844 | -87.1% |
| Recurring financial charges | 65 | €969 | €125 | -€844 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | €41,395 | €489 | -€40,905 | -98.8% |
| Income taxes | 67/77 | €5,998 | €1,056 | -€4,942 | -82.4% |
| Profit (loss) for the period | 9904 | €35,397 | -€567 | -€35,963 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,397 | -€567 | -€35,963 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.