KAMELIA: 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.
KAMELIA
Largest movements
- Financial fixed assets -€79,989
down €79,989 (-10.3%), from €778,661 to €698,673
- Cash +€52,420
up €52,420 (+21.3%), from €245,822 to €298,242
mainly Investment in fixed assets (net) (+€100,889) and Trade debts (+€10,367)
- Current investments +€38,490
up €38,490 (+2.8%), from €1.4m to €1.4m
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€25,403
up €25,403 (+351%), from €7,232 to €32,635
- Gross operating margin +€25,394
up €25,394 (+43.4%), from -€58,546 to -€33,152
- Financial income -€14,886
down €14,886 (-15.9%), from €93,733 to €78,846
- Taxes -€2,807
down €2,807 (-33.0%), from €8,514 to €5,707
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 | €2,945,184 | €2,954,931 | +€9,746 | +0.3% |
| Fixed assets | 21/28 | €799,561 | €698,673 | -€100,889 | -12.6% |
| Tangible fixed assets | 22/27 | €20,900 | - | -€20,900 | |
| Other tangible fixed assets | 26 | €20,900 | - | -€20,900 | |
| Financial fixed assets | 28 | €778,661 | €698,673 | -€79,989 | -10.3% |
| Current assets | 29/58 | €2,145,623 | €2,256,258 | +€110,635 | +5.2% |
| Amounts receivable within one year | 40/41 | €545,450 | €565,135 | +€19,685 | +3.6% |
| Trade receivables | 40 | €20,000 | €20,900 | +€900 | +4.5% |
| Other amounts receivable | 41 | €525,450 | €544,235 | +€18,785 | +3.6% |
| Current investments | 50/53 | €1,354,351 | €1,392,841 | +€38,490 | +2.8% |
| Cash at bank and in hand | 54/58 | €245,822 | €298,242 | +€52,420 | +21.3% |
| Deferred charges and accrued income | 490/1 | - | €40 | +€40 | |
| Total equity and liabilities | 10/49 | €2,945,184 | €2,954,931 | +€9,746 | +0.3% |
| Equity | 10/15 | €2,927,160 | €2,933,465 | +€6,304 | +0.2% |
| Contributions | 10/11 | €3,373,600 | €3,373,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€446,440 | -€440,135 | +€6,304 | +1.4% |
| Amounts payable | 17/49 | €18,024 | €21,466 | +€3,442 | +19.1% |
| Amounts payable within one year | 42/48 | €18,024 | €21,466 | +€3,442 | +19.1% |
| Financial debts | 43 | €76 | €76 | = | 0.0% |
| Credit institutions | 430/8 | €76 | €76 | = | 0.0% |
| Trade debts | 44 | €11,024 | €21,391 | +€10,367 | +94.0% |
| Suppliers | 440/4 | €11,024 | €21,391 | +€10,367 | +94.0% |
| Taxes, remuneration and social security | 45 | €6,925 | - | -€6,925 | |
| Taxes | 450/3 | €6,925 | - | -€6,925 | |
| Other operating charges | 640/8 | €972 | €1,048 | +€76 | +7.8% |
| Gross operating margin | 9900 | -€58,546 | -€33,152 | +€25,394 | +43.4% |
| Operating profit (loss) | 9901 | -€59,518 | -€34,200 | +€25,318 | +42.5% |
| Financial income | 75/76B | €93,733 | €78,846 | -€14,886 | -15.9% |
| Recurring financial income | 75 | €93,733 | €78,846 | -€14,886 | -15.9% |
| Financial charges | 65/66B | €7,232 | €32,635 | +€25,403 | +351% |
| Recurring financial charges | 65 | €7,232 | €32,635 | +€25,403 | +351% |
| Profit (loss) for the period before taxes | 9903 | €26,982 | €12,011 | -€14,971 | -55.5% |
| Income taxes | 67/77 | €8,514 | €5,707 | -€2,807 | -33.0% |
| Profit (loss) for the period | 9904 | €18,468 | €6,304 | -€12,164 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,468 | €6,304 | -€12,164 | -65.9% |
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 13 October 2026 via checked.be.