KAMO MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€64,887
down €64,887 (-64.8%), from €100,064 to €35,177
mainly Receivables within one year (-€31,665) and Other debts (-€15,424)
- Receivables within one year +€31,665
up €31,665 (+241%), from €13,146 to €44,811
- Tangible fixed assets +€3,066
up €3,066 (+140%), from €2,193 to €5,260
of which Plant, machinery and equipment: +€3,373
- Other debts -€15,424
down €15,424 (-5.9%), from €260,228 to €244,805
- Tax, wage and social debts -€13,351
down €13,351 (-49.7%), from €26,885 to €13,534
of which Taxes: -€9,817
- Gross operating margin +€13,914
up €13,914 (+49.1%), from €28,345 to €42,259
- Taxes -€3,118
down €3,118 (-86.2%), from €3,617 to €499
- Staff costs -€2,078
down €2,078 (-5.7%), from €36,247 to €34,170
- Other operating charges -€1,933
down €1,933 (-72.1%), from €2,680 to €747
- Depreciation -€1,055
down €1,055 (-31.4%), from €3,358 to €2,303
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,513 | €274,029 | -€27,484 | -9.1% |
| Fixed assets | 21/28 | €177,193 | €180,260 | +€3,066 | +1.7% |
| Tangible fixed assets | 22/27 | €2,193 | €5,260 | +€3,066 | +140% |
| Land and buildings | 22 | €217 | - | -€217 | |
| Plant, machinery and equipment | 23 | - | €3,373 | +€3,373 | |
| Furniture and vehicles | 24 | €1,976 | €1,887 | -€89 | -4.5% |
| Financial fixed assets | 28 | €175,000 | €175,000 | = | 0.0% |
| Current assets | 29/58 | €124,320 | €93,770 | -€30,551 | -24.6% |
| Amounts receivable within one year | 40/41 | €13,146 | €44,811 | +€31,665 | +241% |
| Trade receivables | 40 | €13,146 | €44,811 | +€31,665 | +241% |
| Cash at bank and in hand | 54/58 | €100,064 | €35,177 | -€64,887 | -64.8% |
| Deferred charges and accrued income | 490/1 | €11,111 | €13,782 | +€2,672 | +24.0% |
| Total equity and liabilities | 10/49 | €301,513 | €274,029 | -€27,484 | -9.1% |
| Equity | 10/15 | €10,147 | €12,780 | +€2,633 | +26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,650 | €1,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,650 | €1,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,650 | €1,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,297 | €4,930 | +€2,633 | +115% |
| Amounts payable | 17/49 | €291,367 | €261,249 | -€30,117 | -10.3% |
| Amounts payable within one year | 42/48 | €291,367 | €261,249 | -€30,117 | -10.3% |
| Trade debts | 44 | €4,254 | €2,911 | -€1,343 | -31.6% |
| Suppliers | 440/4 | €4,254 | €2,911 | -€1,343 | -31.6% |
| Taxes, remuneration and social security | 45 | €26,885 | €13,534 | -€13,351 | -49.7% |
| Taxes | 450/3 | €14,981 | €5,164 | -€9,817 | -65.5% |
| Remuneration and social security | 454/9 | €11,904 | €8,370 | -€3,534 | -29.7% |
| Other amounts payable | 47/48 | €260,228 | €244,805 | -€15,424 | -5.9% |
| Non-recurring operating income | 76A | - | €3,500 | +€3,500 | |
| Remuneration, social security and pensions | 62 | €36,247 | €34,170 | -€2,078 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,358 | €2,303 | -€1,055 | -31.4% |
| Other operating charges | 640/8 | €2,680 | €747 | -€1,933 | -72.1% |
| Gross operating margin | 9900 | €28,345 | €42,259 | +€13,914 | +49.1% |
| Operating profit (loss) | 9901 | -€13,941 | €5,038 | +€18,979 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,960 | €1,906 | -€54 | -2.8% |
| Recurring financial charges | 65 | €1,960 | €1,906 | -€54 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,901 | €3,132 | +€19,033 | |
| Income taxes | 67/77 | €3,617 | €499 | -€3,118 | -86.2% |
| Profit (loss) for the period | 9904 | -€19,518 | €2,633 | +€22,151 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,518 | €2,633 | +€22,151 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.