KAMELEO GROUP: 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.
KAMELEO GROUP
Largest movements
- Cash +€44,369
up €44,369 (+45.3%), from €97,844 to €142,213
mainly Net result for the year (+€30,316) and Tax, wage and social debts (+€10,821)
- Deferred charges and accrued income +€2,934
up €2,934 (+1,293%), from €227 to €3,161
- Profit (loss) carried forward +€30,316
up €30,316 (+44.3%), from €68,451 to €98,767
- Tax, wage and social debts +€10,821
up €10,821 (+59.7%), from €18,118 to €28,939
- Trade debts +€3,254
up €3,254 (+492%), from €661 to €3,915
- Other debts +€2,323
up €2,323 (+33.2%), from €7,004 to €9,327
- Gross operating margin -€24,994
down €24,994 (-38.3%), from €65,278 to €40,284
- Taxes -€4,098
down €4,098 (-31.9%), from €12,841 to €8,743
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 | €99,234 | €145,948 | +€46,714 | +47.1% |
| Fixed assets | 21/28 | €697 | €574 | -€123 | -17.6% |
| Tangible fixed assets | 22/27 | €697 | €574 | -€123 | -17.6% |
| Furniture and vehicles | 24 | €697 | €574 | -€123 | -17.6% |
| Current assets | 29/58 | €98,537 | €145,374 | +€46,837 | +47.5% |
| Amounts receivable within one year | 40/41 | €466 | - | -€466 | |
| Other amounts receivable | 41 | €466 | - | -€466 | |
| Cash at bank and in hand | 54/58 | €97,844 | €142,213 | +€44,369 | +45.3% |
| Deferred charges and accrued income | 490/1 | €227 | €3,161 | +€2,934 | +1,293% |
| Total equity and liabilities | 10/49 | €99,234 | €145,948 | +€46,714 | +47.1% |
| Equity | 10/15 | €73,451 | €103,767 | +€30,316 | +41.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,451 | €98,767 | +€30,316 | +44.3% |
| Amounts payable | 17/49 | €25,783 | €42,181 | +€16,398 | +63.6% |
| Amounts payable within one year | 42/48 | €25,783 | €42,181 | +€16,398 | +63.6% |
| Trade debts | 44 | €661 | €3,915 | +€3,254 | +492% |
| Suppliers | 440/4 | €661 | €3,915 | +€3,254 | +492% |
| Taxes, remuneration and social security | 45 | €18,118 | €28,939 | +€10,821 | +59.7% |
| Taxes | 450/3 | €18,118 | €28,939 | +€10,821 | +59.7% |
| Other amounts payable | 47/48 | €7,004 | €9,327 | +€2,323 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €535 | +€135 | +33.8% |
| Other operating charges | 640/8 | €592 | €620 | +€28 | +4.7% |
| Gross operating margin | 9900 | €65,278 | €40,284 | -€24,994 | -38.3% |
| Operating profit (loss) | 9901 | €64,286 | €39,129 | -€25,157 | -39.1% |
| Financial charges | 65/66B | €210 | €70 | -€140 | -66.7% |
| Recurring financial charges | 65 | €210 | €70 | -€140 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €64,076 | €39,059 | -€25,017 | -39.0% |
| Income taxes | 67/77 | €12,841 | €8,743 | -€4,098 | -31.9% |
| Profit (loss) for the period | 9904 | €51,235 | €30,316 | -€20,919 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,235 | €30,316 | -€20,919 | -40.8% |
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 16 October 2026 via checked.be.