KAMM: 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.
KAMM
Largest movements
- Cash +€19,031
up €19,031 (+11.3%), from €169,147 to €188,178
mainly Net result for the year (+€55,941) and Depreciation (+€17,996)
- Receivables within one year -€13,551
down €13,551 (-28.8%), from €47,062 to €33,511
of which Trade receivables: -€13,865
- Tangible fixed assets +€9,738
up €9,738 (+24.8%), from €39,320 to €49,058
of which Furniture and vehicles: +€10,415
- Reserves +€55,941
up €55,941 (+32.3%), from €173,427 to €229,368
- Advances received -€16,788
down €16,788 (-100%), from €16,788 to €0
- Debts after one year -€13,438
down €13,438 (-59.7%), from €22,516 to €9,078
- Trade debts -€4,518
down €4,518 (-91.7%), from €4,925 to €407
- Depreciation +€2,380
up €2,380 (+15.2%), from €15,617 to €17,996
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 | €257,445 | €276,066 | +€18,621 | +7.2% |
| Fixed assets | 21/28 | €39,320 | €49,058 | +€9,738 | +24.8% |
| Tangible fixed assets | 22/27 | €39,320 | €49,058 | +€9,738 | +24.8% |
| Plant, machinery and equipment | 23 | €1,992 | €1,315 | -€677 | -34.0% |
| Furniture and vehicles | 24 | €37,328 | €47,743 | +€10,415 | +27.9% |
| Current assets | 29/58 | €218,125 | €227,008 | +€8,883 | +4.1% |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €47,062 | €33,511 | -€13,551 | -28.8% |
| Trade receivables | 40 | €45,846 | €31,981 | -€13,865 | -30.2% |
| Other amounts receivable | 41 | €1,216 | €1,530 | +€314 | +25.8% |
| Cash at bank and in hand | 54/58 | €169,147 | €188,178 | +€19,031 | +11.3% |
| Deferred charges and accrued income | 490/1 | €1,916 | €3,819 | +€1,902 | +99.3% |
| Total equity and liabilities | 10/49 | €257,445 | €276,066 | +€18,621 | +7.2% |
| Equity | 10/15 | €178,427 | €234,368 | +€55,941 | +31.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €173,427 | €229,368 | +€55,941 | +32.3% |
| Distributable reserves | 133 | €173,427 | €229,368 | +€55,941 | +32.3% |
| Amounts payable | 17/49 | €79,018 | €41,698 | -€37,320 | -47.2% |
| Amounts payable after more than one year | 17 | €22,516 | €9,078 | -€13,438 | -59.7% |
| Financial debts | 170/4 | €22,516 | €9,078 | -€13,438 | -59.7% |
| Amounts payable within one year | 42/48 | €56,001 | €32,620 | -€23,381 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €13,227 | €13,438 | +€212 | +1.6% |
| Trade debts | 44 | €4,925 | €407 | -€4,518 | -91.7% |
| Suppliers | 440/4 | €4,925 | €407 | -€4,518 | -91.7% |
| Advances received on contracts in progress | 46 | €16,788 | €0 | -€16,788 | -100% |
| Taxes, remuneration and social security | 45 | €13,443 | €13,283 | -€160 | -1.2% |
| Taxes | 450/3 | €10,778 | €5,288 | -€5,490 | -50.9% |
| Remuneration and social security | 454/9 | €2,665 | €7,995 | +€5,330 | +200% |
| Other amounts payable | 47/48 | €7,619 | €5,492 | -€2,127 | -27.9% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,617 | €17,996 | +€2,380 | +15.2% |
| Other operating charges | 640/8 | €2,144 | €2,705 | +€561 | +26.2% |
| Gross operating margin | 9900 | €91,073 | €91,233 | +€160 | +0.2% |
| Operating profit (loss) | 9901 | €73,313 | €70,532 | -€2,781 | -3.8% |
| Financial income | 75/76B | €0 | €616 | +€616 | |
| Recurring financial income | 75 | €0 | €616 | +€616 | |
| Financial charges | 65/66B | €1,276 | €612 | -€664 | -52.0% |
| Recurring financial charges | 65 | €1,276 | €612 | -€664 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | €72,037 | €70,536 | -€1,501 | -2.1% |
| Income taxes | 67/77 | €13,751 | €14,595 | +€844 | +6.1% |
| Profit (loss) for the period | 9904 | €58,286 | €55,941 | -€2,345 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,286 | €55,941 | -€2,345 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.