Kamon: 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.
Kamon
Largest movements
- Receivables within one year +€10,878
up €10,878 (+33,616%), from €32 to €10,910
of which Trade receivables: +€10,909
- Cash +€10,856
up €10,856 (+272%), from €3,988 to €14,844
mainly Net result for the year (+€41,949) and Other debts (+€18,861)
- Tangible fixed assets -€8,231
down €8,231 (-29.9%), from €27,556 to €19,325
- Current investments +€2,085
up €2,085 (+2,085%), from €100 to €2,185
- Profit (loss) carried forward +€41,949
up €41,949 (+29.9%), from -€140,372 to -€98,423
- Reserves -€35,952
down €35,952 (-35.6%), from €101,047 to €65,095
of which Distributable reserves: -€35,952
- Other debts +€18,861
up €18,861 (+63.1%), from €29,901 to €48,762
- Debts after one year -€7,609
down €7,609 (-40.2%), from €18,913 to €11,304
- Trade debts -€2,307
down €2,307 (-47.4%), from €4,872 to €2,564
- Gross operating margin +€72,470
up €72,470, from -€18,369 to €54,101
- Financial charges +€1,902
up €1,902 (+131%), from €1,449 to €3,351
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 | €32,546 | €48,187 | +€15,641 | +48.1% |
| Fixed assets | 21/28 | €27,556 | €19,325 | -€8,231 | -29.9% |
| Tangible fixed assets | 22/27 | €27,556 | €19,325 | -€8,231 | -29.9% |
| Furniture and vehicles | 24 | €27,556 | €19,325 | -€8,231 | -29.9% |
| Current assets | 29/58 | €4,990 | €28,862 | +€23,871 | +478% |
| Amounts receivable within one year | 40/41 | €32 | €10,910 | +€10,878 | +33,616% |
| Trade receivables | 40 | €0 | €10,909 | +€10,909 | |
| Other amounts receivable | 41 | €32 | €1 | -€31 | -95.5% |
| Current investments | 50/53 | €100 | €2,185 | +€2,085 | +2,085% |
| Cash at bank and in hand | 54/58 | €3,988 | €14,844 | +€10,856 | +272% |
| Deferred charges and accrued income | 490/1 | €870 | €922 | +€52 | +6.0% |
| Total equity and liabilities | 10/49 | €32,546 | €48,187 | +€15,641 | +48.1% |
| Equity | 10/15 | -€33,125 | -€27,128 | +€5,997 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,047 | €65,095 | -€35,952 | -35.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €99,187 | €63,235 | -€35,952 | -36.2% |
| Profit (loss) carried forward | 14 | -€140,372 | -€98,423 | +€41,949 | +29.9% |
| Amounts payable | 17/49 | €65,671 | €75,315 | +€9,644 | +14.7% |
| Amounts payable after more than one year | 17 | €18,913 | €11,304 | -€7,609 | -40.2% |
| Financial debts | 170/4 | €18,913 | €11,304 | -€7,609 | -40.2% |
| Amounts payable within one year | 42/48 | €46,758 | €64,011 | +€17,253 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €7,317 | €7,609 | +€293 | +4.0% |
| Trade debts | 44 | €4,872 | €2,564 | -€2,307 | -47.4% |
| Suppliers | 440/4 | €4,872 | €2,564 | -€2,307 | -47.4% |
| Taxes, remuneration and social security | 45 | €4,669 | €5,075 | +€407 | +8.7% |
| Taxes | 450/3 | €4,669 | €5,075 | +€407 | +8.7% |
| Other amounts payable | 47/48 | €29,901 | €48,762 | +€18,861 | +63.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,326 | €8,231 | -€95 | -1.1% |
| Other operating charges | 640/8 | €268 | €429 | +€161 | +60.0% |
| Gross operating margin | 9900 | -€18,369 | €54,101 | +€72,470 | |
| Operating profit (loss) | 9901 | -€26,963 | €45,442 | +€72,405 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €1,449 | €3,351 | +€1,902 | +131% |
| Recurring financial charges | 65 | €1,449 | €3,351 | +€1,902 | +131% |
| Profit (loss) for the period before taxes | 9903 | -€28,412 | €42,090 | +€70,503 | |
| Income taxes | 67/77 | €169 | €141 | -€28 | -16.4% |
| Profit (loss) for the period | 9904 | -€28,581 | €41,949 | +€70,530 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,581 | €41,949 | +€70,530 |
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.