KAMALAYA: 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.
KAMALAYA
Largest movements
- Cash +€45,310
up €45,310 (+93.5%), from €48,472 to €93,783
mainly Net result for the year (+€66,390) and Tax, wage and social debts (+€18,562)
- Tangible fixed assets -€6,454
down €6,454 (-41.7%), from €15,493 to €9,039
- Receivables within one year -€5,371
down €5,371 (-25.6%), from €21,001 to €15,630
of which Trade receivables: -€4,370
- Tax, wage and social debts +€18,562
up €18,562 (+207%), from €8,978 to €27,541
of which Taxes: +€18,547
- Other debts +€13,997
up €13,997 (+24.8%), from €56,399 to €70,396
- Gross operating margin +€27,169
up €27,169 (+37.5%), from €72,354 to €99,523
- Taxes +€10,310
up €10,310 (+67.5%), from €15,283 to €25,593
- Depreciation +€1,291
up €1,291 (+25.0%), from €5,163 to €6,454
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 | €85,996 | €119,539 | +€33,543 | +39.0% |
| Fixed assets | 21/28 | €15,493 | €9,039 | -€6,454 | -41.7% |
| Tangible fixed assets | 22/27 | €15,493 | €9,039 | -€6,454 | -41.7% |
| Furniture and vehicles | 24 | €15,493 | €9,039 | -€6,454 | -41.7% |
| Current assets | 29/58 | €70,503 | €110,500 | +€39,998 | +56.7% |
| Amounts receivable within one year | 40/41 | €21,001 | €15,630 | -€5,371 | -25.6% |
| Trade receivables | 40 | €20,000 | €15,630 | -€4,370 | -21.9% |
| Other amounts receivable | 41 | €1,001 | - | -€1,001 | |
| Cash at bank and in hand | 54/58 | €48,472 | €93,783 | +€45,310 | +93.5% |
| Deferred charges and accrued income | 490/1 | €1,029 | €1,088 | +€59 | +5.7% |
| Total equity and liabilities | 10/49 | €85,996 | €119,539 | +€33,543 | +39.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €65,536 | €99,079 | +€33,543 | +51.2% |
| Amounts payable within one year | 42/48 | €65,536 | €99,079 | +€33,543 | +51.2% |
| Trade debts | 44 | €158 | €1,142 | +€984 | +622% |
| Suppliers | 440/4 | €158 | €1,142 | +€984 | +622% |
| Taxes, remuneration and social security | 45 | €8,978 | €27,541 | +€18,562 | +207% |
| Taxes | 450/3 | €7,126 | €25,673 | +€18,547 | +260% |
| Remuneration and social security | 454/9 | €1,852 | €1,868 | +€15 | +0.8% |
| Other amounts payable | 47/48 | €56,399 | €70,396 | +€13,997 | +24.8% |
| Remuneration, social security and pensions | 62 | €6 | €235 | +€229 | +3,688% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,163 | €6,454 | +€1,291 | +25.0% |
| Other operating charges | 640/8 | €1,099 | €1,134 | +€34 | +3.1% |
| Gross operating margin | 9900 | €72,354 | €99,523 | +€27,169 | +37.5% |
| Operating profit (loss) | 9901 | €66,086 | €91,701 | +€25,615 | +38.8% |
| Financial income | 75/76B | €935 | €379 | -€556 | -59.5% |
| Recurring financial income | 75 | €935 | €379 | -€556 | -59.5% |
| Financial charges | 65/66B | €287 | €96 | -€191 | -66.5% |
| Recurring financial charges | 65 | €287 | €96 | -€191 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | €66,734 | €91,983 | +€25,250 | +37.8% |
| Income taxes | 67/77 | €15,283 | €25,593 | +€10,310 | +67.5% |
| Profit (loss) for the period | 9904 | €51,451 | €66,390 | +€14,940 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,451 | €66,390 | +€14,940 | +29.0% |
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 25 October 2026 via checked.be.