KAMEE: 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.
KAMEE
Largest movements
- Receivables within one year -€99,494
down €99,494 (-80.7%), from €123,293 to €23,799
of which Trade receivables: -€101,332
- Cash +€79,450
up €79,450 (+340.3%), from €23,345 to €102,796
mainly Receivables within one year (+€99,494) and Net result for the year (+€33,075)
- Tangible fixed assets -€1,764
down €1,764 (-24.8%), from €7,111 to €5,347
of which Furniture and vehicles: -€1,666
- Other debts -€12,326
down €12,326 (-10.7%), from €115,661 to €103,335
- Tax, wage and social debts -€5,059
down €5,059 (-34.8%), from €14,528 to €9,469
- Profit (loss) carried forward -€3,925
down €3,925 (-97.3%), from €4,036 to €111
- Gross operating margin -€107,505
down €107,505 (-70.3%), from €152,948 to €45,443
- Taxes -€23,303
down €23,303 (-72.9%), from €31,966 to €8,663
- Depreciation -€6,519
down €6,519 (-78.7%), from €8,284 to €1,764
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 | €153,750 | €132,363 | -€21,387 | -13.9% |
| Fixed assets | 21/28 | €7,111 | €5,347 | -€1,764 | -24.8% |
| Tangible fixed assets | 22/27 | €7,111 | €5,347 | -€1,764 | -24.8% |
| Furniture and vehicles | 24 | €6,522 | €4,856 | -€1,666 | -25.5% |
| Other tangible fixed assets | 26 | €589 | €491 | -€98 | -16.6% |
| Current assets | 29/58 | €146,638 | €127,016 | -€19,623 | -13.4% |
| Amounts receivable within one year | 40/41 | €123,293 | €23,799 | -€99,494 | -80.7% |
| Trade receivables | 40 | €123,293 | €21,962 | -€101,332 | -82.2% |
| Other amounts receivable | 41 | €0 | €1,837 | +€1,837 | |
| Cash at bank and in hand | 54/58 | €23,345 | €102,796 | +€79,450 | +340.3% |
| Deferred charges and accrued income | 490/1 | - | €421 | +€421 | |
| Total equity and liabilities | 10/49 | €153,750 | €132,363 | -€21,387 | -13.9% |
| Equity | 10/15 | €22,636 | €18,711 | -€3,925 | -17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,036 | €111 | -€3,925 | -97.3% |
| Amounts payable | 17/49 | €131,114 | €113,652 | -€17,462 | -13.3% |
| Amounts payable within one year | 42/48 | €130,727 | €113,652 | -€17,074 | -13.1% |
| Trade debts | 44 | €537 | €847 | +€311 | +57.8% |
| Suppliers | 440/4 | €537 | €847 | +€311 | +57.8% |
| Taxes, remuneration and social security | 45 | €14,528 | €9,469 | -€5,059 | -34.8% |
| Taxes | 450/3 | €14,528 | €9,469 | -€5,059 | -34.8% |
| Other amounts payable | 47/48 | €115,661 | €103,335 | -€12,326 | -10.7% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,284 | €1,764 | -€6,519 | -78.7% |
| Other operating charges | 640/8 | €1,177 | €1,509 | +€332 | +28.2% |
| Gross operating margin | 9900 | €152,948 | €45,443 | -€107,505 | -70.3% |
| Operating profit (loss) | 9901 | €143,488 | €42,171 | -€101,317 | -70.6% |
| Financial charges | 65/66B | €86 | €433 | +€347 | +402.4% |
| Recurring financial charges | 65 | €86 | €433 | +€347 | +402.4% |
| Profit (loss) for the period before taxes | 9903 | €143,402 | €41,738 | -€101,664 | -70.9% |
| Income taxes | 67/77 | €31,966 | €8,663 | -€23,303 | -72.9% |
| Profit (loss) for the period | 9904 | €111,436 | €33,075 | -€78,361 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,436 | €33,075 | -€78,361 | -70.3% |
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 11 October 2026 via checked.be.