KAMARYNE: 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.
KAMARYNE
Largest movements
- Receivables after one year -€50,000
down €50,000 (-7.9%), from €635,000 to €585,000
- Receivables within one year -€43,474
down €43,474 (-39.6%), from €109,684 to €66,211
- Tangible fixed assets -€18,236
down €18,236 (-67.3%), from €27,116 to €8,880
of which Other tangible fixed assets: -€9,937
- Cash -€12,979
down €12,979 (-74.9%), from €17,332 to €4,354
- Profit (loss) carried forward -€142,850
down €142,850 (-21.9%), from €651,508 to €508,658
- Trade debts +€34,289
up €34,289 (+408.8%), from €8,389 to €42,678
- Other debts -€24,000
no longer reported in 2023 (was €24,000)
- Gross operating margin +€65,289
up €65,289 (+73.1%), from -€89,342 to -€24,053
- Purchases and services +€25,715
new in 2023: €25,715
- Taxes -€15,845
down €15,845 (-100.0%), from €15,845 to €0
- Depreciation -€4,993
down €4,993 (-29.5%), from €16,899 to €11,906
- Other operating charges -€3,200
no longer reported in 2023 (was €3,200)
From the 2021 result to the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €886,998 | €762,310 | -€124,688 | -14.1% |
| Fixed assets | 21/28 | €124,982 | €106,746 | -€18,236 | -14.6% |
| Tangible fixed assets | 22/27 | €27,116 | €8,880 | -€18,236 | -67.3% |
| Furniture and vehicles | 24 | €17,179 | €8,880 | -€8,299 | -48.3% |
| Other tangible fixed assets | 26 | €9,937 | - | -€9,937 | |
| Financial fixed assets | 28 | €97,866 | €97,866 | = | 0.0% |
| Current assets | 29/58 | €762,016 | €655,564 | -€106,452 | -14.0% |
| Amounts receivable after more than one year | 29 | €635,000 | €585,000 | -€50,000 | -7.9% |
| Other amounts receivable | 291 | €635,000 | €585,000 | -€50,000 | -7.9% |
| Amounts receivable within one year | 40/41 | €109,684 | €66,211 | -€43,474 | -39.6% |
| Other amounts receivable | 41 | €109,684 | €66,211 | -€43,474 | -39.6% |
| Cash at bank and in hand | 54/58 | €17,332 | €4,354 | -€12,979 | -74.9% |
| Total equity and liabilities | 10/49 | €886,998 | €762,310 | -€124,688 | -14.1% |
| Equity | 10/15 | €745,008 | €602,158 | -€142,850 | -19.2% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Legal reserve | 130 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €651,508 | €508,658 | -€142,850 | -21.9% |
| Amounts payable | 17/49 | €141,990 | €160,152 | +€18,162 | +12.8% |
| Amounts payable within one year | 42/48 | €141,990 | €160,152 | +€18,162 | +12.8% |
| Financial debts | 43 | €113 | - | -€113 | |
| Credit institutions | 430/8 | €113 | - | -€113 | |
| Trade debts | 44 | €8,389 | €42,678 | +€34,289 | +408.8% |
| Suppliers | 440/4 | €8,389 | €42,678 | +€34,289 | +408.8% |
| Taxes, remuneration and social security | 45 | €109,488 | €117,474 | +€7,986 | +7.3% |
| Taxes | 450/3 | €109,488 | €93,474 | -€16,014 | -14.6% |
| Remuneration and social security | 454/9 | - | €24,000 | +€24,000 | |
| Other amounts payable | 47/48 | €24,000 | - | -€24,000 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €25,715 | +€25,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,899 | €11,906 | -€4,993 | -29.5% |
| Other operating charges | 640/8 | €3,200 | - | -€3,200 | |
| Gross operating margin | 9900 | -€89,342 | -€24,053 | +€65,289 | +73.1% |
| Operating profit (loss) | 9901 | -€109,441 | -€35,960 | +€73,482 | +67.1% |
| Financial income | 75/76B | €5,334 | €5,334 | = | 0.0% |
| Recurring financial income | 75 | €5,334 | €5,334 | = | 0.0% |
| Financial charges | 65/66B | €671 | €397 | -€275 | -40.9% |
| Recurring financial charges | 65 | €671 | €397 | -€275 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | -€104,779 | -€31,022 | +€73,756 | +70.4% |
| Income taxes | 67/77 | €15,845 | €0 | -€15,845 | -100.0% |
| Profit (loss) for the period | 9904 | -€120,624 | -€31,022 | +€89,602 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,624 | -€31,022 | +€89,602 | +74.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.