KamAzou: 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.
KamAzou
Largest movements
- Cash +€117,861
up €117,861 (+55.2%), from €213,523 to €331,385
mainly Net result for the year (+€167,474) and Depreciation (+€16,165)
- Receivables within one year +€52,712
up €52,712 (+10555.6%), from €499 to €53,211
of which Other amounts receivable: +€52,712
- Tangible fixed assets -€8,657
down €8,657 (-16.5%), from €52,340 to €43,683
- Deferred charges and accrued income +€6,450
up €6,450 (+8.9%), from €72,552 to €79,002
- Profit (loss) carried forward +€167,474
up €167,474 (+53.7%), from €312,156 to €479,630
- Gross operating margin +€18,164
up €18,164 (+8.4%), from €215,581 to €233,745
- Depreciation +€5,703
up €5,703 (+54.5%), from €10,461 to €16,165
- Taxes +€4,013
up €4,013 (+8.6%), from €46,894 to €50,907
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 | €338,915 | €507,281 | +€168,366 | +49.7% |
| Fixed assets | 21/28 | €52,340 | €43,683 | -€8,657 | -16.5% |
| Tangible fixed assets | 22/27 | €52,340 | €43,683 | -€8,657 | -16.5% |
| Furniture and vehicles | 24 | €52,340 | €43,683 | -€8,657 | -16.5% |
| Current assets | 29/58 | €286,575 | €463,598 | +€177,023 | +61.8% |
| Amounts receivable within one year | 40/41 | €499 | €53,211 | +€52,712 | +10555.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €499 | €53,211 | +€52,712 | +10555.6% |
| Cash at bank and in hand | 54/58 | €213,523 | €331,385 | +€117,861 | +55.2% |
| Deferred charges and accrued income | 490/1 | €72,552 | €79,002 | +€6,450 | +8.9% |
| Total equity and liabilities | 10/49 | €338,915 | €507,281 | +€168,366 | +49.7% |
| Equity | 10/15 | €315,656 | €483,130 | +€167,474 | +53.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €312,156 | €479,630 | +€167,474 | +53.7% |
| Amounts payable | 17/49 | €23,259 | €24,150 | +€892 | +3.8% |
| Amounts payable within one year | 42/48 | €23,259 | €24,150 | +€892 | +3.8% |
| Trade debts | 44 | €115 | €100 | -€15 | -13.1% |
| Suppliers | 440/4 | €115 | €100 | -€15 | -13.1% |
| Taxes, remuneration and social security | 45 | €23,144 | €24,050 | +€907 | +3.9% |
| Taxes | 450/3 | €23,144 | €24,050 | +€907 | +3.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,461 | €16,165 | +€5,703 | +54.5% |
| Other operating charges | 640/8 | €847 | €577 | -€270 | -31.9% |
| Gross operating margin | 9900 | €215,581 | €233,745 | +€18,164 | +8.4% |
| Operating profit (loss) | 9901 | €204,272 | €217,004 | +€12,731 | +6.2% |
| Financial income | 75/76B | €15 | €1,455 | +€1,440 | +9518.7% |
| Recurring financial income | 75 | €15 | €1,455 | +€1,440 | +9518.7% |
| Financial charges | 65/66B | €57 | €78 | +€21 | +36.8% |
| Recurring financial charges | 65 | €57 | €78 | +€21 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €204,231 | €218,381 | +€14,150 | +6.9% |
| Income taxes | 67/77 | €46,894 | €50,907 | +€4,013 | +8.6% |
| Profit (loss) for the period | 9904 | €157,337 | €167,474 | +€10,137 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €157,337 | €167,474 | +€10,137 | +6.4% |
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 8 October 2026 via checked.be.