KAMY HAT: 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.
KAMY HAT
Largest movements
- Stocks and contracts -€6,464
down €6,464 (-39.6%), from €16,320 to €9,856
- Receivables within one year +€2,733
up €2,733 (+50.0%), from €5,462 to €8,195
of which Trade receivables: +€3,880
- Deferred charges and accrued income -€1,266
down €1,266 (-57.8%), from €2,191 to €925
- Tangible fixed assets +€1,094
up €1,094 (+652.1%), from €168 to €1,262
- Cash -€455
down €455 (-60.8%), from €749 to €293
mainly Debts after one year (-€10,239) and Short-term financial debts (-€4,070)
- Profit (loss) carried forward +€12,392
up €12,392 (+10.9%), from -€113,975 to -€101,583
- Debts after one year -€10,239
down €10,239 (-9.4%), from €108,906 to €98,667
- Short-term financial debts -€4,070
down €4,070 (-80.2%), from €5,076 to €1,006
- Trade debts -€2,865
down €2,865 (-65.4%), from €4,381 to €1,516
- Gross operating margin +€23,382
up €23,382, from -€6,077 to €17,304
- Depreciation -€1,014
down €1,014 (-85.0%), from €1,193 to €179
- Other operating charges -€199
down €199 (-12.2%), from €1,629 to €1,430
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 | €25,174 | €20,531 | -€4,643 | -18.4% |
| Fixed assets | 21/28 | €453 | €1,262 | +€809 | +178.7% |
| Tangible fixed assets | 22/27 | €168 | €1,262 | +€1,094 | +652.1% |
| Furniture and vehicles | 24 | €168 | €1,262 | +€1,094 | +652.1% |
| Financial fixed assets | 28 | €285 | - | -€285 | |
| Current assets | 29/58 | €24,721 | €19,269 | -€5,453 | -22.1% |
| Stocks and contracts in progress | 3 | €16,320 | €9,856 | -€6,464 | -39.6% |
| Stocks | 30/36 | €16,320 | €9,856 | -€6,464 | -39.6% |
| Amounts receivable within one year | 40/41 | €5,462 | €8,195 | +€2,733 | +50.0% |
| Trade receivables | 40 | €4,314 | €8,195 | +€3,880 | +89.9% |
| Other amounts receivable | 41 | €1,148 | - | -€1,148 | |
| Cash at bank and in hand | 54/58 | €749 | €293 | -€455 | -60.8% |
| Deferred charges and accrued income | 490/1 | €2,191 | €925 | -€1,266 | -57.8% |
| Total equity and liabilities | 10/49 | €25,174 | €20,531 | -€4,643 | -18.4% |
| Equity | 10/15 | -€93,515 | -€81,123 | +€12,392 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,975 | -€101,583 | +€12,392 | +10.9% |
| Amounts payable | 17/49 | €118,689 | €101,654 | -€17,035 | -14.4% |
| Amounts payable after more than one year | 17 | €108,906 | €98,667 | -€10,239 | -9.4% |
| Other amounts payable | 178/9 | €108,906 | €98,667 | -€10,239 | -9.4% |
| Amounts payable within one year | 42/48 | €9,783 | €2,987 | -€6,796 | -69.5% |
| Financial debts | 43 | €5,076 | €1,006 | -€4,070 | -80.2% |
| Credit institutions | 430/8 | €5,076 | €1,006 | -€4,070 | -80.2% |
| Trade debts | 44 | €4,381 | €1,516 | -€2,865 | -65.4% |
| Suppliers | 440/4 | €4,381 | €1,516 | -€2,865 | -65.4% |
| Advances received on contracts in progress | 46 | €44 | - | -€44 | |
| Taxes, remuneration and social security | 45 | €281 | €464 | +€183 | +65.0% |
| Taxes | 450/3 | €281 | €464 | +€183 | +65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193 | €179 | -€1,014 | -85.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,553 | €2,464 | -€89 | -3.5% |
| Other operating charges | 640/8 | €1,629 | €1,430 | -€199 | -12.2% |
| Gross operating margin | 9900 | -€6,077 | €17,304 | +€23,382 | |
| Operating profit (loss) | 9901 | -€11,452 | €13,231 | +€24,683 | |
| Financial income | 75/76B | €84 | €2 | -€82 | -97.5% |
| Recurring financial income | 75 | €84 | €2 | -€82 | -97.5% |
| Financial charges | 65/66B | €641 | €497 | -€144 | -22.4% |
| Recurring financial charges | 65 | €641 | €497 | -€144 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,009 | €12,736 | +€24,745 | |
| Income taxes | 67/77 | €265 | €344 | +€79 | +29.9% |
| Profit (loss) for the period | 9904 | -€12,274 | €12,392 | +€24,666 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,274 | €12,392 | +€24,666 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.