Kamber: 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.
Kamber
Largest movements
- Receivables within one year +€104,905
up €104,905 (+487%), from €21,546 to €126,451
of which Trade receivables: +€112,114
- Cash +€84,550
up €84,550 (+66.6%), from €126,987 to €211,537
mainly Net result for the year (+€155,809) and Other debts (+€150,288)
- Tangible fixed assets +€12,964
up €12,964 (+15.2%), from €85,314 to €98,278
of which Land and buildings: +€39,861
- Deferred charges and accrued income -€8,063
down €8,063 (-92.3%), from €8,737 to €674
- Other debts +€150,288
up €150,288 (+1,896%), from €7,927 to €158,214
- Tax, wage and social debts +€34,637
new in 2025: €34,637
- Debts after one year +€23,712
up €23,712 (+66.1%), from €35,899 to €59,611
- Trade debts -€12,353
down €12,353 (-84.6%), from €14,602 to €2,249
- Gross operating margin +€114,351
up €114,351 (+87.2%), from €131,096 to €245,447
- Taxes +€31,417
up €31,417 (+128%), from €24,518 to €55,935
- Depreciation -€8,932
down €8,932 (-24.3%), from €36,728 to €27,796
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 | €244,506 | €438,862 | +€194,356 | +79.5% |
| Fixed assets | 21/28 | €87,236 | €100,200 | +€12,964 | +14.9% |
| Tangible fixed assets | 22/27 | €85,314 | €98,278 | +€12,964 | +15.2% |
| Land and buildings | 22 | - | €39,861 | +€39,861 | |
| Plant, machinery and equipment | 23 | €10,779 | €9,785 | -€994 | -9.2% |
| Furniture and vehicles | 24 | €74,535 | €48,633 | -€25,903 | -34.8% |
| Financial fixed assets | 28 | €1,922 | €1,922 | = | 0.0% |
| Current assets | 29/58 | €157,270 | €338,662 | +€181,392 | +115% |
| Amounts receivable within one year | 40/41 | €21,546 | €126,451 | +€104,905 | +487% |
| Trade receivables | 40 | - | €112,114 | +€112,114 | |
| Other amounts receivable | 41 | €21,546 | €14,337 | -€7,209 | -33.5% |
| Cash at bank and in hand | 54/58 | €126,987 | €211,537 | +€84,550 | +66.6% |
| Deferred charges and accrued income | 490/1 | €8,737 | €674 | -€8,063 | -92.3% |
| Total equity and liabilities | 10/49 | €244,506 | €438,862 | +€194,356 | +79.5% |
| Equity | 10/15 | €161,239 | €162,047 | +€809 | +0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €88,000 | €88,000 | = | 0.0% |
| Distributable reserves | 133 | €88,000 | €88,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,239 | €64,047 | +€809 | +1.3% |
| Amounts payable | 17/49 | €83,267 | €276,814 | +€193,547 | +232% |
| Amounts payable after more than one year | 17 | €35,899 | €59,611 | +€23,712 | +66.1% |
| Financial debts | 170/4 | €35,899 | €59,611 | +€23,712 | +66.1% |
| Amounts payable within one year | 42/48 | €44,948 | €217,136 | +€172,188 | +383% |
| Current portion of amounts payable after more than one year | 42 | €22,419 | €22,035 | -€384 | -1.7% |
| Trade debts | 44 | €14,602 | €2,249 | -€12,353 | -84.6% |
| Suppliers | 440/4 | €14,602 | €2,249 | -€12,353 | -84.6% |
| Taxes, remuneration and social security | 45 | - | €34,637 | +€34,637 | |
| Taxes | 450/3 | - | €34,637 | +€34,637 | |
| Other amounts payable | 47/48 | €7,927 | €158,214 | +€150,288 | +1,896% |
| Accrued charges and deferred income | 492/3 | €2,420 | €67 | -€2,353 | -97.2% |
| Non-recurring operating income | 76A | - | €1,016 | +€1,016 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,728 | €27,796 | -€8,932 | -24.3% |
| Other operating charges | 640/8 | €5,757 | €3,388 | -€2,370 | -41.2% |
| Gross operating margin | 9900 | €131,096 | €245,447 | +€114,351 | +87.2% |
| Operating profit (loss) | 9901 | €88,611 | €214,263 | +€125,652 | +142% |
| Financial income | 75/76B | €253 | €89 | -€164 | -64.7% |
| Recurring financial income | 75 | €253 | €89 | -€164 | -64.7% |
| Financial charges | 65/66B | €2,061 | €2,609 | +€548 | +26.6% |
| Recurring financial charges | 65 | €2,061 | €2,609 | +€548 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €86,804 | €211,744 | +€124,940 | +144% |
| Income taxes | 67/77 | €24,518 | €55,935 | +€31,417 | +128% |
| Profit (loss) for the period | 9904 | €62,286 | €155,809 | +€93,523 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €62,286 | €155,809 | +€93,523 | +150% |
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 13 October 2026 via checked.be.