KAME HOUSE: 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.
KAME HOUSE
Largest movements
- Cash -€116,910
down €116,910 (-75.4%), from €155,136 to €38,225
mainly Tax, wage and social debts (-€131,125) and Stocks and contracts (-€60,500)
- Stocks and contracts +€60,500
up €60,500 (+807%), from €7,500 to €68,000
- Tangible fixed assets -€41,582
down €41,582 (-8.3%), from €502,989 to €461,407
of which Furniture and vehicles: -€26,540
- Tax, wage and social debts -€131,125
no longer reported in 2026 (was €131,125)
- Short-term financial debts +€50,000
new in 2026: €50,000
- Profit (loss) carried forward -€12,213
down €12,213 (-3.1%), from €392,917 to €380,703
- Debts after one year -€8,014
down €8,014 (-6.0%), from €134,340 to €126,326
- Gross operating margin -€646,567
down €646,567 (-93.5%), from €691,163 to €44,596
- Taxes -€131,125
no longer reported in 2026 (was €131,125)
- Other operating charges -€55,353
down €55,353 (-85.9%), from €64,407 to €9,054
- Depreciation -€54,246
down €54,246 (-56.6%), from €95,828 to €41,582
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €669,071 | €568,354 | -€100,717 | -15.1% |
| Fixed assets | 21/28 | €502,989 | €461,407 | -€41,582 | -8.3% |
| Tangible fixed assets | 22/27 | €502,989 | €461,407 | -€41,582 | -8.3% |
| Land and buildings | 22 | €474,237 | €459,195 | -€15,042 | -3.2% |
| Furniture and vehicles | 24 | €28,751 | €2,212 | -€26,540 | -92.3% |
| Current assets | 29/58 | €166,083 | €106,948 | -€59,135 | -35.6% |
| Stocks and contracts in progress | 3 | €7,500 | €68,000 | +€60,500 | +807% |
| Stocks | 30/36 | €7,500 | €68,000 | +€60,500 | +807% |
| Amounts receivable within one year | 40/41 | €3,447 | €722 | -€2,725 | -79.0% |
| Other amounts receivable | 41 | €3,447 | €722 | -€2,725 | -79.0% |
| Cash at bank and in hand | 54/58 | €155,136 | €38,225 | -€116,910 | -75.4% |
| Total equity and liabilities | 10/49 | €669,071 | €568,354 | -€100,717 | -15.1% |
| Equity | 10/15 | €395,917 | €383,703 | -€12,213 | -3.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €392,917 | €380,703 | -€12,213 | -3.1% |
| Amounts payable | 17/49 | €273,155 | €184,651 | -€88,504 | -32.4% |
| Amounts payable after more than one year | 17 | €134,340 | €126,326 | -€8,014 | -6.0% |
| Financial debts | 170/4 | €134,340 | €126,326 | -€8,014 | -6.0% |
| Amounts payable within one year | 42/48 | €138,815 | €58,325 | -€80,490 | -58.0% |
| Current portion of amounts payable after more than one year | 42 | €7,687 | €8,014 | +€328 | +4.3% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €2 | €311 | +€308 | +12,687% |
| Suppliers | 440/4 | €2 | €311 | +€308 | +12,687% |
| Taxes, remuneration and social security | 45 | €131,125 | - | -€131,125 | |
| Taxes | 450/3 | €131,125 | - | -€131,125 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,828 | €41,582 | -€54,246 | -56.6% |
| Other operating charges | 640/8 | €64,407 | €9,054 | -€55,353 | -85.9% |
| Gross operating margin | 9900 | €691,163 | €44,596 | -€646,567 | -93.5% |
| Operating profit (loss) | 9901 | €530,928 | -€6,040 | -€536,969 | |
| Financial charges | 65/66B | €6,886 | €6,173 | -€713 | -10.4% |
| Recurring financial charges | 65 | €6,886 | €6,173 | -€713 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €524,042 | -€12,213 | -€536,256 | |
| Income taxes | 67/77 | €131,125 | - | -€131,125 | |
| Profit (loss) for the period | 9904 | €392,917 | -€12,213 | -€405,130 | |
| Profit (loss) for the period to be appropriated | 9905 | €392,917 | -€12,213 | -€405,130 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.