KAMA DISTRIBUTION: 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.
KAMA DISTRIBUTION
Largest movements
- Cash -€93,768
down €93,768 (-83.9%), from €111,780 to €18,012
mainly Tax, wage and social debts (-€53,227) and Other debts (-€35,586)
- Tangible fixed assets -€24,147
down €24,147 (-4.8%), from €498,660 to €474,513
of which Land and buildings: -€18,162
- Tax, wage and social debts -€53,227
no longer reported in 2024 (was €53,227)
- Other debts -€35,586
down €35,586 (-96.5%), from €36,886 to €1,300
- Reserves -€13,992
down €13,992 (-5.0%), from €280,954 to €266,962
of which Tax-exempt reserves: -€13,992
- Debts after one year -€12,838
down €12,838 (-8.3%), from €155,186 to €142,347
- Trade debts +€8,890
up €8,890 (+226.9%), from €3,918 to €12,808
- Gross operating margin -€53,235
down €53,235 (-79.4%), from €67,089 to €13,854
- Taxes -€14,655
no longer reported in 2024 (was €14,655)
- Depreciation -€2,077
down €2,077 (-6.9%), from €29,933 to €27,856
- Other operating charges +€973
up €973 (+28.9%), from €3,372 to €4,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €610,783 | €496,386 | -€114,397 | -18.7% |
| Fixed assets | 21/28 | €498,660 | €474,513 | -€24,147 | -4.8% |
| Tangible fixed assets | 22/27 | €498,660 | €474,513 | -€24,147 | -4.8% |
| Land and buildings | 22 | €492,484 | €474,322 | -€18,162 | -3.7% |
| Furniture and vehicles | 24 | €6,176 | €191 | -€5,985 | -96.9% |
| Current assets | 29/58 | €112,123 | €21,873 | -€90,251 | -80.5% |
| Amounts receivable within one year | 40/41 | - | €3,500 | +€3,500 | |
| Trade receivables | 40 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €111,780 | €18,012 | -€93,768 | -83.9% |
| Deferred charges and accrued income | 490/1 | €343 | €360 | +€17 | +5.1% |
| Total equity and liabilities | 10/49 | €610,783 | €496,386 | -€114,397 | -18.7% |
| Equity | 10/15 | €267,759 | €250,521 | -€17,238 | -6.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €280,954 | €266,962 | -€13,992 | -5.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €179,095 | €165,102 | -€13,992 | -7.8% |
| Distributable reserves | 133 | €100,000 | €101,859 | +€1,859 | +1.9% |
| Profit (loss) carried forward | 14 | -€31,787 | -€35,033 | -€3,246 | -10.2% |
| Provisions and deferred taxes | 16 | €80,403 | €75,739 | -€4,664 | -5.8% |
| Deferred taxes | 168 | €80,403 | €75,739 | -€4,664 | -5.8% |
| Amounts payable | 17/49 | €262,621 | €170,126 | -€92,495 | -35.2% |
| Amounts payable after more than one year | 17 | €155,186 | €142,347 | -€12,838 | -8.3% |
| Financial debts | 170/4 | €155,186 | €142,347 | -€12,838 | -8.3% |
| Amounts payable within one year | 42/48 | €106,603 | €26,947 | -€79,657 | -74.7% |
| Current portion of amounts payable after more than one year | 42 | €12,573 | €12,838 | +€265 | +2.1% |
| Trade debts | 44 | €3,918 | €12,808 | +€8,890 | +226.9% |
| Suppliers | 440/4 | €3,918 | €12,808 | +€8,890 | +226.9% |
| Taxes, remuneration and social security | 45 | €53,227 | - | -€53,227 | |
| Taxes | 450/3 | €53,227 | - | -€53,227 | |
| Other amounts payable | 47/48 | €36,886 | €1,300 | -€35,586 | -96.5% |
| Accrued charges and deferred income | 492/3 | €832 | €832 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,933 | €27,856 | -€2,077 | -6.9% |
| Other operating charges | 640/8 | €3,372 | €4,345 | +€973 | +28.9% |
| Gross operating margin | 9900 | €67,089 | €13,854 | -€53,235 | -79.4% |
| Operating profit (loss) | 9901 | €33,784 | -€18,347 | -€52,132 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,719 | €3,555 | -€164 | -4.4% |
| Recurring financial charges | 65 | €3,719 | €3,555 | -€164 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €30,066 | -€21,902 | -€51,968 | |
| Transfer from deferred taxes | 780 | €26,775 | €4,664 | -€22,111 | -82.6% |
| Income taxes | 67/77 | €14,655 | - | -€14,655 | |
| Profit (loss) for the period | 9904 | €42,185 | -€17,238 | -€59,424 | |
| Transfer from tax-exempt reserves | 789 | €64,086 | €13,992 | -€50,094 | -78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €106,271 | -€3,246 | -€109,518 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.