KAMI BASICS: 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.
KAMI BASICS
Largest movements
- Cash -€51,119
down €51,119 (-79.7%), from €64,159 to €13,040
mainly Net result for the year (-€98,626) and Current portion of long-term debt (-€30,417)
- Current investments -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Receivables within one year -€37,386
down €37,386 (-40.8%), from €91,551 to €54,165
of which Trade receivables: -€46,802
- Stocks and contracts -€31,765
down €31,765 (-35.0%), from €90,665 to €58,900
- Intangible fixed assets +€11,188
up €11,188 (+1938.5%), from €577 to €11,766
- Profit (loss) carried forward -€98,626
down €98,626 (-220.6%), from -€44,708 to -€143,334
- Current portion of long-term debt -€30,417
down €30,417 (-53.9%), from €56,429 to €26,012
- Debts after one year -€15,224
down €15,224 (-8.0%), from €189,177 to €173,953
- Trade debts -€9,712
down €9,712 (-32.5%), from €29,865 to €20,152
- Tax, wage and social debts +€3,072
up €3,072 (+7.8%), from €39,292 to €42,364
of which Remuneration and social security: +€1,812
- Staff costs +€31,724
up €31,724 (+55.8%), from €56,900 to €88,624
- Write-downs +€7,007
up €7,007, from €0 to €7,007
- Gross operating margin -€6,849
down €6,849 (-70.5%), from €9,713 to €2,863
- Financial charges -€4,597
down €4,597 (-64.5%), from €7,130 to €2,533
- Depreciation +€540
up €540 (+49.3%), from €1,095 to €1,635
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,075 | €140,560 | -€151,515 | -51.9% |
| Fixed assets | 21/28 | €3,251 | €14,200 | +€10,949 | +336.7% |
| Intangible fixed assets | 21 | €577 | €11,766 | +€11,188 | +1938.5% |
| Tangible fixed assets | 22/27 | €2,674 | €2,035 | -€639 | -23.9% |
| Furniture and vehicles | 24 | €2,674 | €2,035 | -€639 | -23.9% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €288,824 | €126,359 | -€162,464 | -56.3% |
| Stocks and contracts in progress | 3 | €90,665 | €58,900 | -€31,765 | -35.0% |
| Stocks | 30/36 | €90,665 | €58,900 | -€31,765 | -35.0% |
| Amounts receivable within one year | 40/41 | €91,551 | €54,165 | -€37,386 | -40.8% |
| Trade receivables | 40 | €59,463 | €12,662 | -€46,802 | -78.7% |
| Other amounts receivable | 41 | €32,088 | €41,503 | +€9,415 | +29.3% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €64,159 | €13,040 | -€51,119 | -79.7% |
| Deferred charges and accrued income | 490/1 | €2,448 | €255 | -€2,193 | -89.6% |
| Total equity and liabilities | 10/49 | €292,075 | €140,560 | -€151,515 | -51.9% |
| Equity | 10/15 | -€26,723 | -€125,349 | -€98,626 | -369.1% |
| Contributions | 10/11 | €17,985 | €17,985 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,708 | -€143,334 | -€98,626 | -220.6% |
| Amounts payable | 17/49 | €318,799 | €265,909 | -€52,890 | -16.6% |
| Amounts payable after more than one year | 17 | €189,177 | €173,953 | -€15,224 | -8.0% |
| Financial debts | 170/4 | €189,177 | €173,953 | -€15,224 | -8.0% |
| Amounts payable within one year | 42/48 | €129,622 | €91,956 | -€37,665 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €56,429 | €26,012 | -€30,417 | -53.9% |
| Financial debts | 43 | €3,435 | €2,047 | -€1,388 | -40.4% |
| Credit institutions | 430/8 | €3,435 | €2,047 | -€1,388 | -40.4% |
| Trade debts | 44 | €29,865 | €20,152 | -€9,712 | -32.5% |
| Suppliers | 440/4 | €29,865 | €20,152 | -€9,712 | -32.5% |
| Taxes, remuneration and social security | 45 | €39,292 | €42,364 | +€3,072 | +7.8% |
| Taxes | 450/3 | €31,818 | €33,078 | +€1,260 | +4.0% |
| Remuneration and social security | 454/9 | €7,474 | €9,286 | +€1,812 | +24.2% |
| Other amounts payable | 47/48 | €601 | €1,381 | +€780 | +129.8% |
| Non-recurring operating income | 76A | €363 | €264 | -€99 | -27.3% |
| Remuneration, social security and pensions | 62 | €56,900 | €88,624 | +€31,724 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,635 | +€540 | +49.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €7,007 | +€7,007 | |
| Other operating charges | 640/8 | €1,966 | €1,572 | -€394 | -20.1% |
| Non-recurring operating charges | 66A | €12,055 | €465 | -€11,590 | -96.1% |
| Gross operating margin | 9900 | €9,713 | €2,863 | -€6,849 | -70.5% |
| Operating profit (loss) | 9901 | -€62,303 | -€96,438 | -€34,136 | -54.8% |
| Financial income | 75/76B | €258 | €257 | -€1 | -0.3% |
| Recurring financial income | 75 | €258 | €257 | -€1 | -0.3% |
| Financial charges | 65/66B | €7,130 | €2,533 | -€4,597 | -64.5% |
| Recurring financial charges | 65 | €7,130 | €2,533 | -€4,597 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | -€69,174 | -€98,714 | -€29,540 | -42.7% |
| Income taxes | 67/77 | €0 | -€88 | -€88 | |
| Profit (loss) for the period | 9904 | -€69,174 | -€98,626 | -€29,452 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,174 | -€98,626 | -€29,452 | -42.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.