Kamil: 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.
Kamil
Largest movements
- Cash +€172,864
up €172,864 (+112.3%), from €153,941 to €326,806
mainly Net result for the year (+€143,632) and Tax, wage and social debts (+€47,978)
- Receivables within one year -€43,406
down €43,406 (-50.1%), from €86,573 to €43,168
of which Trade receivables: -€39,930
- Current investments -€25,000
down €25,000 (-6.5%), from €386,605 to €361,605
- Deferred charges and accrued income +€16,819
up €16,819 (+2151.7%), from €782 to €17,601
- Tangible fixed assets -€11,932
down €11,932 (-26.4%), from €45,188 to €33,256
of which Furniture and vehicles: -€11,221
- Reserves +€63,725
up €63,725 (+9.8%), from €649,211 to €712,936
- Tax, wage and social debts +€47,978
up €47,978 (+13482.9%), from €356 to €48,334
- Gross operating margin +€39,575
up €39,575 (+24.9%), from €159,232 to €198,807
- Taxes +€17,640
up €17,640 (+40.9%), from €43,118 to €60,758
- Financial income +€15,331
up €15,331 (+342.3%), from €4,479 to €19,810
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 | €673,089 | €782,435 | +€109,345 | +16.2% |
| Fixed assets | 21/28 | €45,188 | €33,256 | -€11,932 | -26.4% |
| Tangible fixed assets | 22/27 | €45,188 | €33,256 | -€11,932 | -26.4% |
| Land and buildings | 22 | €2,498 | €1,787 | -€711 | -28.5% |
| Furniture and vehicles | 24 | €42,690 | €31,469 | -€11,221 | -26.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €627,901 | €749,179 | +€121,278 | +19.3% |
| Amounts receivable within one year | 40/41 | €86,573 | €43,168 | -€43,406 | -50.1% |
| Trade receivables | 40 | €79,860 | €39,930 | -€39,930 | -50.0% |
| Other amounts receivable | 41 | €6,713 | €3,238 | -€3,476 | -51.8% |
| Current investments | 50/53 | €386,605 | €361,605 | -€25,000 | -6.5% |
| Cash at bank and in hand | 54/58 | €153,941 | €326,806 | +€172,864 | +112.3% |
| Deferred charges and accrued income | 490/1 | €782 | €17,601 | +€16,819 | +2151.7% |
| Total equity and liabilities | 10/49 | €673,089 | €782,435 | +€109,345 | +16.2% |
| Equity | 10/15 | €667,811 | €731,536 | +€63,725 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €649,211 | €712,936 | +€63,725 | +9.8% |
| Distributable reserves | 133 | €649,211 | €712,936 | +€63,725 | +9.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,278 | €50,899 | +€45,620 | +864.3% |
| Amounts payable within one year | 42/48 | €4,278 | €49,899 | +€45,620 | +1066.3% |
| Trade debts | 44 | €1,653 | €867 | -€787 | -47.6% |
| Suppliers | 440/4 | €1,653 | €867 | -€787 | -47.6% |
| Taxes, remuneration and social security | 45 | €356 | €48,334 | +€47,978 | +13482.9% |
| Taxes | 450/3 | €356 | €48,334 | +€47,978 | +13482.9% |
| Other amounts payable | 47/48 | €2,269 | €699 | -€1,571 | -69.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,909 | €13,019 | +€110 | +0.9% |
| Other operating charges | 640/8 | €1,043 | €962 | -€80 | -7.7% |
| Gross operating margin | 9900 | €159,232 | €198,807 | +€39,575 | +24.9% |
| Operating profit (loss) | 9901 | €145,280 | €184,826 | +€39,546 | +27.2% |
| Financial income | 75/76B | €4,479 | €19,810 | +€15,331 | +342.3% |
| Recurring financial income | 75 | €4,479 | €19,810 | +€15,331 | +342.3% |
| Financial charges | 65/66B | €817 | €246 | -€571 | -69.9% |
| Recurring financial charges | 65 | €817 | €246 | -€571 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €148,943 | €204,390 | +€55,447 | +37.2% |
| Income taxes | 67/77 | €43,118 | €60,758 | +€17,640 | +40.9% |
| Profit (loss) for the period | 9904 | €105,825 | €143,632 | +€37,807 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €105,825 | €143,632 | +€37,807 | +35.7% |
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 9 October 2026 via checked.be.