KAMO GROEP: 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.
KAMO GROEP
Largest movements
- Current investments +€633,157
new in 2026: €633,157
- Cash -€608,860
down €608,860 (-62.4%), from €975,329 to €366,468
mainly Current investments (-€633,157) and Receivables within one year (-€58,634)
- Tangible fixed assets -€150,735
down €150,735 (-18.6%), from €812,256 to €661,521
of which Land and buildings: -€145,781
- Receivables within one year +€58,634
up €58,634 (+301%), from €19,464 to €78,098
of which Other amounts receivable: +€58,912
- Reserves -€44,898
down €44,898 (-2.8%), from €1.6m to €1.6m
- Tax, wage and social debts -€35,448
down €35,448 (-82.4%), from €43,009 to €7,561
- Financial income -€263,564
down €263,564 (-97.6%), from €270,087 to €6,523
of which Non-recurring financial income: -€263,763
- Gross operating margin -€263,164
down €263,164 (-78.3%), from €336,177 to €73,013
- Taxes -€175,270
down €175,270 (-99.1%), from €176,938 to €1,668
- Other operating charges +€39,516
up €39,516 (+1,290%), from €3,064 to €42,580
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,807,499 | €1,740,143 | -€67,356 | -3.7% |
| Fixed assets | 21/28 | €812,706 | €661,971 | -€150,735 | -18.5% |
| Tangible fixed assets | 22/27 | €812,256 | €661,521 | -€150,735 | -18.6% |
| Land and buildings | 22 | €799,052 | €653,270 | -€145,781 | -18.2% |
| Plant, machinery and equipment | 23 | €320 | €0 | -€320 | -100% |
| Furniture and vehicles | 24 | €12,884 | €8,251 | -€4,633 | -36.0% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €994,793 | €1,078,171 | +€83,378 | +8.4% |
| Amounts receivable within one year | 40/41 | €19,464 | €78,098 | +€58,634 | +301% |
| Trade receivables | 40 | €11,774 | €11,496 | -€278 | -2.4% |
| Other amounts receivable | 41 | €7,690 | €66,602 | +€58,912 | +766% |
| Current investments | 50/53 | - | €633,157 | +€633,157 | |
| Cash at bank and in hand | 54/58 | €975,329 | €366,468 | -€608,860 | -62.4% |
| Deferred charges and accrued income | 490/1 | - | €448 | +€448 | |
| Total equity and liabilities | 10/49 | €1,807,499 | €1,740,143 | -€67,356 | -3.7% |
| Equity | 10/15 | €1,653,503 | €1,608,605 | -€44,898 | -2.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €1,628,466 | €1,583,568 | -€44,898 | -2.8% |
| Distributable reserves | 133 | €1,628,466 | €1,583,568 | -€44,898 | -2.8% |
| Profit (loss) carried forward | 14 | €16,976 | €16,976 | = | 0.0% |
| Amounts payable | 17/49 | €153,996 | €131,538 | -€22,458 | -14.6% |
| Amounts payable within one year | 42/48 | €153,996 | €131,538 | -€22,458 | -14.6% |
| Trade debts | 44 | €950 | €1,507 | +€557 | +58.7% |
| Suppliers | 440/4 | €950 | €1,507 | +€557 | +58.7% |
| Taxes, remuneration and social security | 45 | €43,009 | €7,561 | -€35,448 | -82.4% |
| Taxes | 450/3 | €43,009 | €7,561 | -€35,448 | -82.4% |
| Other amounts payable | 47/48 | €110,037 | €122,470 | +€12,433 | +11.3% |
| Non-recurring operating income | 76A | €83 | €908 | +€825 | +998% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,835 | €21,982 | +€147 | +0.7% |
| Other operating charges | 640/8 | €3,064 | €42,580 | +€39,516 | +1,290% |
| Gross operating margin | 9900 | €336,177 | €73,013 | -€263,164 | -78.3% |
| Operating profit (loss) | 9901 | €311,279 | €8,451 | -€302,827 | -97.3% |
| Financial income | 75/76B | €270,087 | €6,523 | -€263,564 | -97.6% |
| Recurring financial income | 75 | €6,159 | €6,358 | +€199 | +3.2% |
| Non-recurring financial income | 76B | €263,928 | €165 | -€263,763 | -99.9% |
| Financial charges | 65/66B | €12,144 | €10,851 | -€1,294 | -10.7% |
| Recurring financial charges | 65 | €12,144 | €10,851 | -€1,294 | -10.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €569,221 | €4,123 | -€565,098 | -99.3% |
| Income taxes | 67/77 | €176,938 | €1,668 | -€175,270 | -99.1% |
| Profit (loss) for the period | 9904 | €392,284 | €2,456 | -€389,828 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €392,284 | €2,456 | -€389,828 | -99.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.