KAMMEX: 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.
KAMMEX
Largest movements
- Financial fixed assets -€2,207
down €2,207 (-48.5%), from €4,550 to €2,343
- Cash -€444
down €444 (-12.1%), from €3,672 to €3,228
mainly Trade debts (-€2,086) and Other debts (-€1,491)
- Stocks and contracts -€315
down €315 (-6.4%), from €4,925 to €4,610
- Trade debts -€2,086
down €2,086 (-69.6%), from €2,998 to €912
- Other debts -€1,491
down €1,491 (-16.1%), from €9,271 to €7,780
- Profit (loss) carried forward +€420
up €420 (+0.9%), from -€49,048 to -€48,628
- Accrued charges and deferred income +€150
up €150 (+23.1%), from €650 to €800
- Gross operating margin -€2,037
down €2,037 (-63.8%), from €3,193 to €1,156
- Financial income +€393
new in 2025: €393
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 | €13,174 | €10,207 | -€2,967 | -22.5% |
| Fixed assets | 21/28 | €4,550 | €2,343 | -€2,207 | -48.5% |
| Financial fixed assets | 28 | €4,550 | €2,343 | -€2,207 | -48.5% |
| Current assets | 29/58 | €8,624 | €7,864 | -€760 | -8.8% |
| Stocks and contracts in progress | 3 | €4,925 | €4,610 | -€315 | -6.4% |
| Stocks | 30/36 | €4,925 | €4,610 | -€315 | -6.4% |
| Cash at bank and in hand | 54/58 | €3,672 | €3,228 | -€444 | -12.1% |
| Deferred charges and accrued income | 490/1 | €27 | €26 | -€1 | -2.6% |
| Total equity and liabilities | 10/49 | €13,174 | €10,207 | -€2,967 | -22.5% |
| Equity | 10/15 | -€30,448 | -€30,028 | +€420 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,048 | -€48,628 | +€420 | +0.9% |
| Amounts payable | 17/49 | €43,622 | €40,235 | -€3,388 | -7.8% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,972 | €9,435 | -€3,538 | -27.3% |
| Trade debts | 44 | €2,998 | €912 | -€2,086 | -69.6% |
| Suppliers | 440/4 | €2,998 | €912 | -€2,086 | -69.6% |
| Taxes, remuneration and social security | 45 | €703 | €743 | +€40 | +5.6% |
| Taxes | 450/3 | €703 | €743 | +€40 | +5.6% |
| Other amounts payable | 47/48 | €9,271 | €7,780 | -€1,491 | -16.1% |
| Accrued charges and deferred income | 492/3 | €650 | €800 | +€150 | +23.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,193 | €1,156 | -€2,037 | -63.8% |
| Operating profit (loss) | 9901 | €2,805 | €756 | -€2,049 | -73.0% |
| Financial income | 75/76B | - | €393 | +€393 | |
| Recurring financial income | 75 | - | €393 | +€393 | |
| Financial charges | 65/66B | €757 | €728 | -€29 | -3.8% |
| Recurring financial charges | 65 | €757 | €728 | -€29 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €2,048 | €420 | -€1,628 | -79.5% |
| Profit (loss) for the period | 9904 | €2,048 | €420 | -€1,628 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,048 | €420 | -€1,628 | -79.5% |
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 15 October 2026 via checked.be.