KALAMS: 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.
KALAMS
Largest movements
- Receivables within one year +€21,816
up €21,816 (+23.8%), from €91,741 to €113,557
of which Other amounts receivable: +€24,816
- Cash -€2,849
down €2,849 (-7.4%), from €38,248 to €35,399
mainly Receivables within one year (-€21,816) and Contributions, distributions and other (-€16,000)
- Deferred charges and accrued income +€1,814
new in 2025: €1,814
- Other debts +€16,000
new in 2025: €16,000
- Profit (loss) carried forward +€9,462
up €9,462 (+13.4%), from €70,533 to €79,994
- Trade debts -€7,452
down €7,452 (-46.9%), from €15,904 to €8,452
- Tax, wage and social debts +€3,413
up €3,413 (+8.9%), from €38,533 to €41,945
of which Taxes: +€5,892
- Staff costs -€33,480
down €33,480 (-28.8%), from €116,106 to €82,626
- Gross operating margin -€12,074
down €12,074 (-9.8%), from €122,836 to €110,761
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 | €143,227 | €164,650 | +€21,423 | +15.0% |
| Fixed assets | 21/28 | €13,239 | €13,881 | +€642 | +4.8% |
| Tangible fixed assets | 22/27 | €4,159 | €4,801 | +€642 | +15.4% |
| Furniture and vehicles | 24 | €2,817 | €4,162 | +€1,345 | +47.7% |
| Other tangible fixed assets | 26 | €1,342 | €640 | -€703 | -52.4% |
| Financial fixed assets | 28 | €9,080 | €9,080 | = | 0.0% |
| Current assets | 29/58 | €129,988 | €150,769 | +€20,781 | +16.0% |
| Amounts receivable within one year | 40/41 | €91,741 | €113,557 | +€21,816 | +23.8% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €88,741 | €113,557 | +€24,816 | +28.0% |
| Cash at bank and in hand | 54/58 | €38,248 | €35,399 | -€2,849 | -7.4% |
| Deferred charges and accrued income | 490/1 | - | €1,814 | +€1,814 | |
| Total equity and liabilities | 10/49 | €143,227 | €164,650 | +€21,423 | +15.0% |
| Equity | 10/15 | €76,733 | €86,194 | +€9,462 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,533 | €79,994 | +€9,462 | +13.4% |
| Amounts payable | 17/49 | €66,495 | €78,456 | +€11,961 | +18.0% |
| Amounts payable within one year | 42/48 | €66,495 | €78,456 | +€11,961 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €12,058 | €12,058 | = | 0.0% |
| Trade debts | 44 | €15,904 | €8,452 | -€7,452 | -46.9% |
| Suppliers | 440/4 | €15,904 | €8,452 | -€7,452 | -46.9% |
| Taxes, remuneration and social security | 45 | €38,533 | €41,945 | +€3,413 | +8.9% |
| Taxes | 450/3 | €6,155 | €12,047 | +€5,892 | +95.7% |
| Remuneration and social security | 454/9 | €32,378 | €29,898 | -€2,480 | -7.7% |
| Other amounts payable | 47/48 | - | €16,000 | +€16,000 | |
| Remuneration, social security and pensions | 62 | €116,106 | €82,626 | -€33,480 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,741 | €2,378 | +€637 | +36.6% |
| Gross operating margin | 9900 | €122,836 | €110,761 | -€12,074 | -9.8% |
| Operating profit (loss) | 9901 | €4,989 | €25,757 | +€20,768 | +416.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €410 | €295 | -€115 | -28.1% |
| Recurring financial charges | 65 | €410 | €295 | -€115 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €4,579 | €25,462 | +€20,883 | +456.1% |
| Income taxes | 67/77 | €906 | - | -€906 | |
| Profit (loss) for the period | 9904 | €3,673 | €25,462 | +€21,789 | +593.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,673 | €25,462 | +€21,789 | +593.3% |
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 9 October 2026 via checked.be.