KAMELEON.DIGITAL: 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.
KAMELEON.DIGITAL
Largest movements
- Cash -€60,772
down €60,772 (-59.1%), from €102,903 to €42,131
mainly Contributions, distributions and other (-€84,416) and Investment in fixed assets (net) (-€15,232)
- Tangible fixed assets +€12,393
up €12,393 (+117%), from €10,572 to €22,965
of which Other tangible fixed assets: +€7,980
- Receivables within one year +€4,619
up €4,619 (+9.9%), from €46,614 to €51,233
of which Trade receivables: +€6,826
- Deferred charges and accrued income +€3,473
new in 2025: €3,473
- Financial fixed assets -€2,341
down €2,341 (-100%), from €2,341 to €0
- Profit (loss) carried forward -€82,556
down €82,556 (-100%), from €82,556 to €0
- Other debts +€60,021
up €60,021 (+341%), from €17,624 to €77,645
- Trade debts -€9,428
down €9,428 (-61.9%), from €15,242 to €5,813
- Tax, wage and social debts -€8,200
down €8,200 (-31.7%), from €25,828 to €17,628
- Reserves -€1,745
down €1,745 (-93.8%), from €1,860 to €115
of which Non-distributable reserves: -€1,860
- Gross operating margin -€37,687
down €37,687 (-82.1%), from €45,888 to €8,201
- Taxes -€11,709
down €11,709 (-92.1%), from €12,719 to €1,010
- Other operating charges -€2,423
down €2,423 (-79.6%), from €3,042 to €620
- Financial charges +€1,255
up €1,255 (+481%), from €261 to €1,516
- Depreciation +€886
up €886 (+20.6%), from €4,294 to €5,181
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 | €162,430 | €119,802 | -€42,628 | -26.2% |
| Fixed assets | 21/28 | €12,913 | €22,965 | +€10,052 | +77.8% |
| Tangible fixed assets | 22/27 | €10,572 | €22,965 | +€12,393 | +117% |
| Land and buildings | 22 | €2,764 | €0 | -€2,764 | -100% |
| Plant, machinery and equipment | 23 | €1,792 | €1,308 | -€484 | -27.0% |
| Furniture and vehicles | 24 | €6,016 | €13,677 | +€7,661 | +127% |
| Other tangible fixed assets | 26 | - | €7,980 | +€7,980 | |
| Financial fixed assets | 28 | €2,341 | €0 | -€2,341 | -100% |
| Current assets | 29/58 | €149,517 | €96,837 | -€52,680 | -35.2% |
| Amounts receivable within one year | 40/41 | €46,614 | €51,233 | +€4,619 | +9.9% |
| Trade receivables | 40 | €31,614 | €38,440 | +€6,826 | +21.6% |
| Other amounts receivable | 41 | €15,000 | €12,793 | -€2,207 | -14.7% |
| Cash at bank and in hand | 54/58 | €102,903 | €42,131 | -€60,772 | -59.1% |
| Deferred charges and accrued income | 490/1 | - | €3,473 | +€3,473 | |
| Total equity and liabilities | 10/49 | €162,430 | €119,802 | -€42,628 | -26.2% |
| Equity | 10/15 | €103,016 | €18,715 | -€84,301 | -81.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €115 | -€1,745 | -93.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | - | €115 | +€115 | |
| Profit (loss) carried forward | 14 | €82,556 | €0 | -€82,556 | -100% |
| Amounts payable | 17/49 | €59,414 | €101,087 | +€41,673 | +70.1% |
| Amounts payable within one year | 42/48 | €58,694 | €101,087 | +€42,393 | +72.2% |
| Trade debts | 44 | €15,242 | €5,813 | -€9,428 | -61.9% |
| Suppliers | 440/4 | €15,242 | €5,813 | -€9,428 | -61.9% |
| Taxes, remuneration and social security | 45 | €25,828 | €17,628 | -€8,200 | -31.7% |
| Taxes | 450/3 | €25,828 | €17,628 | -€8,200 | -31.7% |
| Other amounts payable | 47/48 | €17,624 | €77,645 | +€60,021 | +341% |
| Accrued charges and deferred income | 492/3 | €720 | €0 | -€720 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,294 | €5,181 | +€886 | +20.6% |
| Other operating charges | 640/8 | €3,042 | €620 | -€2,423 | -79.6% |
| Gross operating margin | 9900 | €45,888 | €8,201 | -€37,687 | -82.1% |
| Operating profit (loss) | 9901 | €38,552 | €2,401 | -€36,151 | -93.8% |
| Financial income | 75/76B | €1 | €241 | +€240 | +31,134% |
| Recurring financial income | 75 | €1 | €241 | +€240 | +31,134% |
| Financial charges | 65/66B | €261 | €1,516 | +€1,255 | +481% |
| Recurring financial charges | 65 | €261 | €1,516 | +€1,255 | +481% |
| Profit (loss) for the period before taxes | 9903 | €38,291 | €1,125 | -€37,166 | -97.1% |
| Income taxes | 67/77 | €12,719 | €1,010 | -€11,709 | -92.1% |
| Profit (loss) for the period | 9904 | €25,572 | €115 | -€25,457 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,572 | €115 | -€25,457 | -99.5% |
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 27 October 2026 via checked.be.