KAMPANI: what changed
Two fiscal 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.
KAMPANI
Largest movements
- Receivables within one year +€547,965
up €547,965 (+50.6%), from €1.1m to €1.6m
of which Other amounts receivable: +€542,326
- Contributions +€1.6m
up €1.6m (+12.4%), from €13.0m to €14.6m
- Profit (loss) carried forward -€1.4m
down €1.4m (-41.4%), from -€3.3m to -€4.7m
- Other debts +€439,255
up €439,255 (+2946.6%), from €14,907 to €454,162
- Accrued charges and deferred income -€356,596
down €356,596 (-98.6%), from €361,596 to €5,000
- Write-downs -€853,060
down €853,060 (-54.8%), from €1.6m to €704,726
- Financial charges +€652,665
up €652,665 (+21016.6%), from €3,105 to €655,771
of which Financial charges: +€652,666
- Other operating charges +€172,478
up €172,478 (+17826.8%), from €968 to €173,445
- Gross operating margin -€154,735
down €154,735 (-31.7%), from -€488,292 to -€643,027
- Financial income +€96,402
up €96,402 (+9.5%), from €1.0m to €1.1m
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.
Cash bridge derived
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 | €10,178,382 | €10,577,613 | +€399,231 | +3.9% |
| Fixed assets | 21/28 | €134,698 | €134,698 | = | 0.0% |
| Financial fixed assets | 28 | €134,698 | €134,698 | = | 0.0% |
| Current assets | 29/58 | €10,043,683 | €10,442,914 | +€399,231 | +4.0% |
| Amounts receivable after more than one year | 29 | €7,625,432 | €7,591,875 | -€33,557 | -0.4% |
| Other amounts receivable | 291 | €7,625,432 | €7,591,875 | -€33,557 | -0.4% |
| Amounts receivable within one year | 40/41 | €1,082,497 | €1,630,462 | +€547,965 | +50.6% |
| Trade receivables | 40 | €12,532 | €18,171 | +€5,639 | +45.0% |
| Other amounts receivable | 41 | €1,069,965 | €1,612,291 | +€542,326 | +50.7% |
| Cash at bank and in hand | 54/58 | €1,031,365 | €930,763 | -€100,603 | -9.8% |
| Deferred charges and accrued income | 490/1 | €304,389 | €289,815 | -€14,574 | -4.8% |
| Total equity and liabilities | 10/49 | €10,178,382 | €10,577,613 | +€399,231 | +3.9% |
| Equity | 10/15 | €9,723,586 | €9,966,293 | +€242,707 | +2.5% |
| Contributions | 10/11 | €13,034,320 | €14,647,490 | +€1.6m | +12.4% |
| Capital | 10 | €13,034,320 | €14,647,490 | +€1.6m | +12.4% |
| Issued capital | 100 | €14,647,490 | €14,647,490 | = | 0.0% |
| Uncalled capital | 101 | €1,613,170 | €0 | -€1.6m | -100.0% |
| Profit (loss) carried forward | 14 | -€3,310,734 | -€4,681,197 | -€1.4m | -41.4% |
| Provisions and deferred taxes | 16 | €30,000 | €30,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €30,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable | 17/49 | €424,796 | €581,320 | +€156,524 | +36.8% |
| Amounts payable within one year | 42/48 | €63,200 | €576,320 | +€513,120 | +811.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,376 | €57,035 | +€51,659 | +960.9% |
| Suppliers | 440/4 | €5,376 | €57,035 | +€51,659 | +960.9% |
| Taxes, remuneration and social security | 45 | €42,916 | €65,122 | +€22,206 | +51.7% |
| Taxes | 450/3 | €3,093 | €12,200 | +€9,107 | +294.5% |
| Remuneration and social security | 454/9 | €39,823 | €52,922 | +€13,099 | +32.9% |
| Other amounts payable | 47/48 | €14,907 | €454,162 | +€439,255 | +2946.6% |
| Accrued charges and deferred income | 492/3 | €361,596 | €5,000 | -€356,596 | -98.6% |
| Non-recurring operating income | 76A | €50,000 | €0 | -€50,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €276,987 | €300,997 | +€24,011 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,557,785 | €704,726 | -€853,060 | -54.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,000 | €0 | -€30,000 | -100.0% |
| Other operating charges | 640/8 | €968 | €173,445 | +€172,478 | +17826.8% |
| Non-recurring operating charges | 66A | €11,000 | €0 | -€11,000 | -100.0% |
| Gross operating margin | 9900 | -€488,292 | -€643,027 | -€154,735 | -31.7% |
| Operating profit (loss) | 9901 | -€2,365,032 | -€1,822,195 | +€542,837 | +23.0% |
| Financial income | 75/76B | €1,011,100 | €1,107,503 | +€96,402 | +9.5% |
| Recurring financial income | 75 | €1,011,100 | €1,107,503 | +€96,402 | +9.5% |
| Financial charges | 65/66B | €3,105 | €655,771 | +€652,665 | +21016.6% |
| Recurring financial charges | 65 | €3,105 | €655,771 | +€652,666 | +21020.1% |
| Non-recurring financial charges | 66B | €1 | €0 | -€1 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,357,037 | -€1,370,463 | -€13,426 | -1.0% |
| Profit (loss) for the period | 9904 | -€1,357,037 | -€1,370,463 | -€13,426 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,357,037 | -€1,370,463 | -€13,426 | -1.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.