KAMAR: what changed
Two fiscal 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.
KAMAR
Largest movements
- Receivables within one year +€17,708
up €17,708 (+753.1%), from €2,351 to €20,059
- Cash -€6,433
down €6,433 (-45.9%), from €14,029 to €7,596
mainly Receivables within one year (-€17,708) and Investment in fixed assets (net) (-€4,275)
- Financial fixed assets +€4,275
new in 2025: €4,275
- Trade debts +€9,449
up €9,449 (+158.3%), from €5,971 to €15,420
- Other debts +€3,155
up €3,155 (+2868590.9%), from €0 to €3,156
- Profit (loss) carried forward +€1,979
up €1,979 (+37.2%), from €5,321 to €7,300
- Tax, wage and social debts +€966
up €966 (+37.3%), from €2,589 to €3,555
of which Taxes: +€505
- Gross operating margin -€3,148
down €3,148 (-48.0%), from €6,559 to €3,411
- Other operating charges -€1,205
down €1,205 (-90.9%), from €1,325 to €120
- Staff costs +€726
new in 2025: €726
- Taxes -€545
down €545 (-52.6%), from €1,037 to €492
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 | €16,380 | €31,930 | +€15,550 | +94.9% |
| Fixed assets | 21/28 | - | €4,275 | +€4,275 | |
| Financial fixed assets | 28 | - | €4,275 | +€4,275 | |
| Current assets | 29/58 | €16,380 | €27,655 | +€11,275 | +68.8% |
| Amounts receivable within one year | 40/41 | €2,351 | €20,059 | +€17,708 | +753.1% |
| Trade receivables | 40 | €2,351 | €20,059 | +€17,708 | +753.1% |
| Cash at bank and in hand | 54/58 | €14,029 | €7,596 | -€6,433 | -45.9% |
| Total equity and liabilities | 10/49 | €16,380 | €31,930 | +€15,550 | +94.9% |
| Equity | 10/15 | €7,821 | €9,800 | +€1,979 | +25.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,321 | €7,300 | +€1,979 | +37.2% |
| Amounts payable | 17/49 | €8,560 | €22,130 | +€13,571 | +158.5% |
| Amounts payable within one year | 42/48 | €8,560 | €22,130 | +€13,571 | +158.5% |
| Trade debts | 44 | €5,971 | €15,420 | +€9,449 | +158.3% |
| Suppliers | 440/4 | €5,971 | €15,420 | +€9,449 | +158.3% |
| Taxes, remuneration and social security | 45 | €2,589 | €3,555 | +€966 | +37.3% |
| Taxes | 450/3 | €2,589 | €3,095 | +€505 | +19.5% |
| Remuneration and social security | 454/9 | - | €461 | +€461 | |
| Other amounts payable | 47/48 | €0 | €3,156 | +€3,155 | +2868590.9% |
| Remuneration, social security and pensions | 62 | - | €726 | +€726 | |
| Other operating charges | 640/8 | €1,325 | €120 | -€1,205 | -90.9% |
| Gross operating margin | 9900 | €6,559 | €3,411 | -€3,148 | -48.0% |
| Operating profit (loss) | 9901 | €5,234 | €2,565 | -€2,670 | -51.0% |
| Financial charges | 65/66B | €48 | €94 | +€46 | +95.1% |
| Recurring financial charges | 65 | €48 | €94 | +€46 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | €5,186 | €2,471 | -€2,715 | -52.4% |
| Income taxes | 67/77 | €1,037 | €492 | -€545 | -52.6% |
| Profit (loss) for the period | 9904 | €4,149 | €1,979 | -€2,170 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,149 | €1,979 | -€2,170 | -52.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.