KAMBO: 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.
KAMBO
Largest movements
- Tangible fixed assets -€9,728
down €9,728 (-17.9%), from €54,217 to €44,489
of which Furniture and vehicles: -€9,728
- Cash +€784
up €784 (+32.4%), from €2,422 to €3,206
mainly Depreciation (+€9,728) and Trade debts (+€2,562)
- Debts after one year -€7,742
down €7,742 (-79.9%), from €9,690 to €1,948
- Other debts -€5,807
down €5,807 (-34.2%), from €16,976 to €11,169
- Trade debts +€2,562
up €2,562 (+193.6%), from €1,323 to €3,885
- Profit (loss) carried forward +€1,321
up €1,321 (+31.1%), from €4,254 to €5,575
- Tax, wage and social debts +€725
up €725 (+66.4%), from €1,092 to €1,818
of which Remuneration and social security: +€616
- Gross operating margin -€15,970
down €15,970 (-38.7%), from €41,251 to €25,281
- Staff costs -€13,983
down €13,983 (-59.1%), from €23,647 to €9,663
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 | €61,447 | €52,588 | -€8,859 | -14.4% |
| Fixed assets | 21/28 | €58,875 | €49,146 | -€9,728 | -16.5% |
| Intangible fixed assets | 21 | €4,657 | €4,657 | = | 0.0% |
| Tangible fixed assets | 22/27 | €54,217 | €44,489 | -€9,728 | -17.9% |
| Land and buildings | 22 | €33,188 | €33,188 | = | 0.0% |
| Furniture and vehicles | 24 | €21,029 | €11,301 | -€9,728 | -46.3% |
| Current assets | 29/58 | €2,572 | €3,442 | +€870 | +33.8% |
| Cash at bank and in hand | 54/58 | €2,422 | €3,206 | +€784 | +32.4% |
| Deferred charges and accrued income | 490/1 | €151 | €236 | +€86 | +56.8% |
| Total equity and liabilities | 10/49 | €61,447 | €52,588 | -€8,859 | -14.4% |
| Equity | 10/15 | €24,705 | €26,027 | +€1,321 | +5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Share premium | 1100/10 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,254 | €5,575 | +€1,321 | +31.1% |
| Amounts payable | 17/49 | €36,742 | €26,562 | -€10,180 | -27.7% |
| Amounts payable after more than one year | 17 | €9,690 | €1,948 | -€7,742 | -79.9% |
| Financial debts | 170/4 | €9,690 | €1,948 | -€7,742 | -79.9% |
| Amounts payable within one year | 42/48 | €27,051 | €24,613 | -€2,438 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €7,660 | €7,742 | +€82 | +1.1% |
| Trade debts | 44 | €1,323 | €3,885 | +€2,562 | +193.6% |
| Suppliers | 440/4 | €1,323 | €3,885 | +€2,562 | +193.6% |
| Taxes, remuneration and social security | 45 | €1,092 | €1,818 | +€725 | +66.4% |
| Taxes | 450/3 | €1,092 | €1,202 | +€109 | +10.0% |
| Remuneration and social security | 454/9 | - | €616 | +€616 | |
| Other amounts payable | 47/48 | €16,976 | €11,169 | -€5,807 | -34.2% |
| Remuneration, social security and pensions | 62 | €23,647 | €9,663 | -€13,983 | -59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,728 | €9,728 | = | 0.0% |
| Other operating charges | 640/8 | €3,416 | €3,252 | -€164 | -4.8% |
| Gross operating margin | 9900 | €41,251 | €25,281 | -€15,970 | -38.7% |
| Operating profit (loss) | 9901 | €4,460 | €2,636 | -€1,823 | -40.9% |
| Financial charges | 65/66B | €899 | €878 | -€22 | -2.4% |
| Recurring financial charges | 65 | €899 | €878 | -€22 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €3,560 | €1,759 | -€1,801 | -50.6% |
| Income taxes | 67/77 | €459 | €438 | -€22 | -4.7% |
| Profit (loss) for the period | 9904 | €3,101 | €1,321 | -€1,780 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,101 | €1,321 | -€1,780 | -57.4% |
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.