KAMENTHE: 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.
KAMENTHE
Largest movements
- Tangible fixed assets -€2,500
down €2,500 (-50.0%), from €5,000 to €2,500
- Receivables within one year +€1,952
up €1,952 (+59.6%), from €3,277 to €5,229
of which Trade receivables: +€1,457
- Cash -€610
down €610 (-69.3%), from €881 to €271
mainly Net result for the year (-€18,184) and Receivables within one year (-€1,952)
- Profit (loss) carried forward -€18,184
down €18,184 (-105.2%), from -€17,291 to -€35,475
- Other debts +€12,439
new in 2025: €12,439
- Tax, wage and social debts +€5,750
up €5,750 (+430.7%), from €1,335 to €7,085
of which Taxes: +€4,939
- Trade debts -€1,163
down €1,163 (-6.6%), from €17,614 to €16,451
- Gross operating margin -€4,124
down €4,124 (-42.5%), from -€9,702 to -€13,827
- Taxes +€1,711
new in 2025: €1,711
- Other operating charges -€1,061
down €1,061 (-94.8%), from €1,119 to €58
- Financial charges -€638
down €638 (-87.5%), from €730 to €91
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 | €9,158 | €8,000 | -€1,158 | -12.6% |
| Fixed assets | 21/28 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Tangible fixed assets | 22/27 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Furniture and vehicles | 24 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Current assets | 29/58 | €4,158 | €5,500 | +€1,342 | +32.3% |
| Amounts receivable within one year | 40/41 | €3,277 | €5,229 | +€1,952 | +59.6% |
| Trade receivables | 40 | €3,277 | €4,734 | +€1,457 | +44.5% |
| Other amounts receivable | 41 | - | €496 | +€496 | |
| Cash at bank and in hand | 54/58 | €881 | €271 | -€610 | -69.3% |
| Total equity and liabilities | 10/49 | €9,158 | €8,000 | -€1,158 | -12.6% |
| Equity | 10/15 | -€9,791 | -€27,975 | -€18,184 | -185.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,291 | -€35,475 | -€18,184 | -105.2% |
| Amounts payable | 17/49 | €18,949 | €35,975 | +€17,025 | +89.8% |
| Amounts payable within one year | 42/48 | €18,949 | €35,975 | +€17,025 | +89.8% |
| Trade debts | 44 | €17,614 | €16,451 | -€1,163 | -6.6% |
| Suppliers | 440/4 | €17,614 | €16,451 | -€1,163 | -6.6% |
| Taxes, remuneration and social security | 45 | €1,335 | €7,085 | +€5,750 | +430.7% |
| Taxes | 450/3 | €1,331 | €6,270 | +€4,939 | +371.1% |
| Remuneration and social security | 454/9 | €4 | €814 | +€811 | +21557.2% |
| Other amounts payable | 47/48 | - | €12,439 | +€12,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,119 | €58 | -€1,061 | -94.8% |
| Gross operating margin | 9900 | -€9,702 | -€13,827 | -€4,124 | -42.5% |
| Operating profit (loss) | 9901 | -€13,321 | -€16,385 | -€3,063 | -23.0% |
| Financial income | 75/76B | €21 | €3 | -€18 | -84.0% |
| Recurring financial income | 75 | €21 | €3 | -€18 | -84.0% |
| Non-recurring financial income | 76B | €21 | €3 | -€18 | -84.0% |
| Financial charges | 65/66B | €730 | €91 | -€638 | -87.5% |
| Recurring financial charges | 65 | €730 | €91 | -€638 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,030 | -€16,472 | -€2,443 | -17.4% |
| Income taxes | 67/77 | - | €1,711 | +€1,711 | |
| Profit (loss) for the period | 9904 | -€14,030 | -€18,184 | -€4,154 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,030 | -€18,184 | -€4,154 | -29.6% |
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 2 October 2026 via checked.be.