KAMEN: what changed
Two fiscal 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.
KAMEN
Largest movements
- Receivables within one year -€2,371
down €2,371 (-2.5%), from €94,396 to €92,025
of which Trade receivables: -€3,449
- Trade debts +€16,864
up €16,864 (+4684.4%), from €360 to €17,224
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Advances received -€3,950
no longer reported in 2025 (was €3,950)
- Staff costs +€2,925
new in 2025: €2,925
- Financial charges -€1,192
down €1,192 (-67.7%), from €1,762 to €570
- Gross operating margin -€476
down €476 (-13.5%), from €3,534 to €3,058
- Taxes -€462
down €462 (-98.7%), from €468 to €6
- Other operating charges -€70
no longer reported in 2025 (was €70)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,295 | €92,924 | -€2,371 | -2.5% |
| Fixed assets | 21/28 | €899 | €899 | = | 0.0% |
| Financial fixed assets | 28 | €899 | €899 | = | 0.0% |
| Current assets | 29/58 | €94,396 | €92,025 | -€2,371 | -2.5% |
| Amounts receivable within one year | 40/41 | €94,396 | €92,025 | -€2,371 | -2.5% |
| Trade receivables | 40 | €9,499 | €6,050 | -€3,449 | -36.3% |
| Other amounts receivable | 41 | €84,897 | €85,975 | +€1,078 | +1.3% |
| Total equity and liabilities | 10/49 | €95,295 | €92,924 | -€2,371 | -2.5% |
| Equity | 10/15 | €64,186 | €63,743 | -€443 | -0.7% |
| Contributions | 10/11 | €13,715 | €13,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,471 | €50,028 | -€443 | -0.9% |
| Amounts payable | 17/49 | €31,109 | €29,181 | -€1,928 | -6.2% |
| Amounts payable within one year | 42/48 | €31,109 | €29,181 | -€1,928 | -6.2% |
| Financial debts | 43 | €4,030 | €3,573 | -€457 | -11.3% |
| Credit institutions | 430/8 | - | €3,573 | +€3,573 | |
| Other loans | 439 | €4,030 | - | -€4,030 | |
| Trade debts | 44 | €360 | €17,224 | +€16,864 | +4684.4% |
| Suppliers | 440/4 | €360 | €17,224 | +€16,864 | +4684.4% |
| Advances received on contracts in progress | 46 | €3,950 | - | -€3,950 | |
| Taxes, remuneration and social security | 45 | €7,769 | €8,384 | +€615 | +7.9% |
| Taxes | 450/3 | €7,769 | €7,514 | -€255 | -3.3% |
| Remuneration and social security | 454/9 | - | €870 | +€870 | |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | - | €2,925 | +€2,925 | |
| Other operating charges | 640/8 | €70 | - | -€70 | |
| Gross operating margin | 9900 | €3,534 | €3,058 | -€476 | -13.5% |
| Operating profit (loss) | 9901 | €3,464 | €133 | -€3,331 | -96.2% |
| Financial charges | 65/66B | €1,762 | €570 | -€1,192 | -67.7% |
| Recurring financial charges | 65 | €1,762 | €570 | -€1,192 | -67.7% |
| Profit (loss) for the period before taxes | 9903 | €1,702 | -€437 | -€2,139 | |
| Income taxes | 67/77 | €468 | €6 | -€462 | -98.7% |
| Profit (loss) for the period | 9904 | €1,234 | -€443 | -€1,677 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,234 | -€443 | -€1,677 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.