Kamahacha: 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.
Kamahacha
Largest movements
- Receivables within one year +€28,457
up €28,457 (+81.3%), from €35,008 to €63,465
of which Trade receivables: +€22,497
- Trade debts +€163,552
up €163,552 (+2,659%), from €6,152 to €169,704
- Debts after one year -€81,464
down €81,464 (-16.1%), from €505,559 to €424,095
of which Financial debts: -€80,199
- Current portion of long-term debt -€44,472
down €44,472 (-63.8%), from €69,741 to €25,269
- Tax, wage and social debts -€22,419
down €22,419 (-85.0%), from €26,364 to €3,945
of which Taxes: -€17,498
- Gross operating margin -€62,550
down €62,550 (-82.4%), from €75,901 to €13,351
- Taxes -€17,641
down €17,641 (-81.9%), from €21,538 to €3,896
- Staff costs -€15,315
down €15,315, from €10,395 to -€4,920
- Financial income -€5,469
down €5,469 (-97.1%), from €5,635 to €166
- Financial charges -€3,036
down €3,036 (-30.2%), from €10,060 to €7,023
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 | €1,407,525 | €1,433,663 | +€26,138 | +1.9% |
| Fixed assets | 21/28 | €1,170,092 | €1,169,812 | -€280 | 0.0% |
| Tangible fixed assets | 22/27 | €357,454 | €357,174 | -€280 | -0.1% |
| Furniture and vehicles | 24 | €280 | €0 | -€280 | -100% |
| Other tangible fixed assets | 26 | €357,174 | €357,174 | = | 0.0% |
| Financial fixed assets | 28 | €812,638 | €812,638 | = | 0.0% |
| Current assets | 29/58 | €237,434 | €263,851 | +€26,417 | +11.1% |
| Amounts receivable within one year | 40/41 | €35,008 | €63,465 | +€28,457 | +81.3% |
| Trade receivables | 40 | €25,903 | €48,400 | +€22,497 | +86.9% |
| Other amounts receivable | 41 | €9,105 | €15,065 | +€5,960 | +65.5% |
| Current investments | 50/53 | €150,179 | €150,179 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,209 | €49,994 | +€3,785 | +8.2% |
| Deferred charges and accrued income | 490/1 | €6,038 | €213 | -€5,824 | -96.5% |
| Total equity and liabilities | 10/49 | €1,407,525 | €1,433,663 | +€26,138 | +1.9% |
| Equity | 10/15 | €673,360 | €680,131 | +€6,771 | +1.0% |
| Contributions | 10/11 | €274,600 | €274,600 | = | 0.0% |
| Reserves | 13 | €398,760 | €405,531 | +€6,771 | +1.7% |
| Non-distributable reserves | 130/1 | €150,179 | €150,179 | = | 0.0% |
| Own shares acquired | 1312 | €150,179 | €150,179 | = | 0.0% |
| Distributable reserves | 133 | €248,581 | €255,352 | +€6,771 | +2.7% |
| Amounts payable | 17/49 | €734,165 | €753,532 | +€19,367 | +2.6% |
| Amounts payable after more than one year | 17 | €505,559 | €424,095 | -€81,464 | -16.1% |
| Financial debts | 170/4 | €299,572 | €219,373 | -€80,199 | -26.8% |
| Other amounts payable | 178/9 | €205,987 | €204,723 | -€1,265 | -0.6% |
| Amounts payable within one year | 42/48 | €225,326 | €323,193 | +€97,867 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €69,741 | €25,269 | -€44,472 | -63.8% |
| Trade debts | 44 | €6,152 | €169,704 | +€163,552 | +2,659% |
| Suppliers | 440/4 | €6,152 | €169,704 | +€163,552 | +2,659% |
| Taxes, remuneration and social security | 45 | €26,364 | €3,945 | -€22,419 | -85.0% |
| Taxes | 450/3 | €21,443 | €3,945 | -€17,498 | -81.6% |
| Remuneration and social security | 454/9 | €4,920 | €0 | -€4,920 | -100% |
| Other amounts payable | 47/48 | €123,070 | €124,275 | +€1,206 | +1.0% |
| Accrued charges and deferred income | 492/3 | €3,280 | €6,243 | +€2,963 | +90.3% |
| Non-recurring operating income | 76A | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €10,395 | -€4,920 | -€15,315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,041 | €280 | -€761 | -73.1% |
| Other operating charges | 640/8 | €1,321 | €467 | -€854 | -64.6% |
| Gross operating margin | 9900 | €75,901 | €13,351 | -€62,550 | -82.4% |
| Operating profit (loss) | 9901 | €63,144 | €17,525 | -€45,620 | -72.2% |
| Financial income | 75/76B | €5,635 | €166 | -€5,469 | -97.1% |
| Recurring financial income | 75 | €5,635 | €166 | -€5,469 | -97.1% |
| Financial charges | 65/66B | €10,060 | €7,023 | -€3,036 | -30.2% |
| Recurring financial charges | 65 | €10,060 | €7,023 | -€3,036 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €58,720 | €10,667 | -€48,052 | -81.8% |
| Income taxes | 67/77 | €21,538 | €3,896 | -€17,641 | -81.9% |
| Profit (loss) for the period | 9904 | €37,182 | €6,771 | -€30,411 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,182 | €6,771 | -€30,411 | -81.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.