KAMA RACING TEAM: 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 RACING TEAM
Largest movements
- Tangible fixed assets +€25,993
up €25,993 (+27.4%), from €94,939 to €120,932
of which Furniture and vehicles: +€17,430
- Cash +€16,880
up €16,880 (+21.4%), from €78,866 to €95,746
mainly Depreciation (+€34,674) and Net result for the year (+€25,424)
- Deferred charges and accrued income -€9,451
down €9,451 (-53.1%), from €17,816 to €8,365
- Receivables within one year -€5,723
down €5,723 (-59.8%), from €9,568 to €3,845
of which Trade receivables: -€5,723
- Profit (loss) carried forward +€25,424
up €25,424 (+114%), from €22,219 to €47,643
- Tax, wage and social debts +€10,173
up €10,173 (+159%), from €6,416 to €16,589
- Trade debts -€5,671
down €5,671 (-55.1%), from €10,295 to €4,624
- Depreciation +€9,304
up €9,304 (+36.7%), from €25,371 to €34,674
- Financial income -€4,538
down €4,538 (-100.0%), from €4,538 to €0
- Gross operating margin +€4,456
up €4,456 (+6.9%), from €64,976 to €69,431
- Other operating charges +€1,769
up €1,769 (+457%), from €387 to €2,157
- Taxes +€1,088
up €1,088 (+19.2%), from €5,663 to €6,751
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 | €201,189 | €228,887 | +€27,698 | +13.8% |
| Fixed assets | 21/28 | €94,939 | €120,932 | +€25,993 | +27.4% |
| Tangible fixed assets | 22/27 | €94,939 | €120,932 | +€25,993 | +27.4% |
| Plant, machinery and equipment | 23 | €3,295 | €11,858 | +€8,562 | +260% |
| Furniture and vehicles | 24 | €91,644 | €109,074 | +€17,430 | +19.0% |
| Current assets | 29/58 | €106,250 | €107,956 | +€1,706 | +1.6% |
| Amounts receivable within one year | 40/41 | €9,568 | €3,845 | -€5,723 | -59.8% |
| Trade receivables | 40 | €9,568 | €3,845 | -€5,723 | -59.8% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €78,866 | €95,746 | +€16,880 | +21.4% |
| Deferred charges and accrued income | 490/1 | €17,816 | €8,365 | -€9,451 | -53.1% |
| Total equity and liabilities | 10/49 | €201,189 | €228,887 | +€27,698 | +13.8% |
| Equity | 10/15 | €32,219 | €57,643 | +€25,424 | +78.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,219 | €47,643 | +€25,424 | +114% |
| Amounts payable | 17/49 | €168,971 | €171,245 | +€2,274 | +1.3% |
| Amounts payable within one year | 42/48 | €168,971 | €171,245 | +€2,274 | +1.3% |
| Trade debts | 44 | €10,295 | €4,624 | -€5,671 | -55.1% |
| Suppliers | 440/4 | €10,295 | €4,624 | -€5,671 | -55.1% |
| Taxes, remuneration and social security | 45 | €6,416 | €16,589 | +€10,173 | +159% |
| Taxes | 450/3 | €6,416 | €16,589 | +€10,173 | +159% |
| Other amounts payable | 47/48 | €152,259 | €150,032 | -€2,228 | -1.5% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,371 | €34,674 | +€9,304 | +36.7% |
| Other operating charges | 640/8 | €387 | €2,157 | +€1,769 | +457% |
| Gross operating margin | 9900 | €64,976 | €69,431 | +€4,456 | +6.9% |
| Operating profit (loss) | 9901 | €39,218 | €32,601 | -€6,617 | -16.9% |
| Financial income | 75/76B | €4,538 | €0 | -€4,538 | -100.0% |
| Recurring financial income | 75 | €4,538 | €0 | -€4,538 | -100.0% |
| Financial charges | 65/66B | €75 | €426 | +€350 | +464% |
| Recurring financial charges | 65 | €75 | €426 | +€350 | +464% |
| Profit (loss) for the period before taxes | 9903 | €43,680 | €32,175 | -€11,505 | -26.3% |
| Income taxes | 67/77 | €5,663 | €6,751 | +€1,088 | +19.2% |
| Profit (loss) for the period | 9904 | €38,017 | €25,424 | -€12,593 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,017 | €25,424 | -€12,593 | -33.1% |
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.