Qamem: 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.
Qamem
Largest movements
- Cash +€98,071
up €98,071 (+66.1%), from €148,415 to €246,485
mainly Net result for the year (+€79,608) and Depreciation (+€21,102)
- Receivables within one year +€18,099
up €18,099 (+152%), from €11,891 to €29,990
of which Other amounts receivable: +€15,714
- Tangible fixed assets -€17,877
down €17,877 (-37.8%), from €47,333 to €29,456
of which Furniture and vehicles: -€18,361
- Profit (loss) carried forward +€79,608
up €79,608 (+48.9%), from €162,933 to €242,540
- Tax, wage and social debts +€11,534
up €11,534 (+36.5%), from €31,596 to €43,130
- Other debts +€6,504
up €6,504 (+57.4%), from €11,325 to €17,829
- Depreciation +€7,675
up €7,675 (+57.2%), from €13,427 to €21,102
- Gross operating margin -€5,020
down €5,020 (-3.7%), from €137,095 to €132,075
- Taxes -€4,020
down €4,020 (-16.8%), from €23,922 to €19,902
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 | €207,639 | €305,931 | +€98,292 | +47.3% |
| Fixed assets | 21/28 | €47,333 | €29,456 | -€17,877 | -37.8% |
| Tangible fixed assets | 22/27 | €47,333 | €29,456 | -€17,877 | -37.8% |
| Plant, machinery and equipment | 23 | - | €483 | +€483 | |
| Furniture and vehicles | 24 | €47,333 | €28,972 | -€18,361 | -38.8% |
| Current assets | 29/58 | €160,306 | €276,476 | +€116,170 | +72.5% |
| Amounts receivable within one year | 40/41 | €11,891 | €29,990 | +€18,099 | +152% |
| Trade receivables | 40 | €11,891 | €14,277 | +€2,385 | +20.1% |
| Other amounts receivable | 41 | - | €15,714 | +€15,714 | |
| Cash at bank and in hand | 54/58 | €148,415 | €246,485 | +€98,071 | +66.1% |
| Total equity and liabilities | 10/49 | €207,639 | €305,931 | +€98,292 | +47.3% |
| Equity | 10/15 | €163,433 | €243,040 | +€79,608 | +48.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,933 | €242,540 | +€79,608 | +48.9% |
| Amounts payable | 17/49 | €44,207 | €62,891 | +€18,685 | +42.3% |
| Amounts payable within one year | 42/48 | €44,207 | €62,891 | +€18,685 | +42.3% |
| Trade debts | 44 | €1,286 | €1,932 | +€647 | +50.3% |
| Suppliers | 440/4 | €1,286 | €1,932 | +€647 | +50.3% |
| Taxes, remuneration and social security | 45 | €31,596 | €43,130 | +€11,534 | +36.5% |
| Taxes | 450/3 | €31,596 | €43,130 | +€11,534 | +36.5% |
| Other amounts payable | 47/48 | €11,325 | €17,829 | +€6,504 | +57.4% |
| Remuneration, social security and pensions | 62 | €9,257 | €10,390 | +€1,133 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,427 | €21,102 | +€7,675 | +57.2% |
| Other operating charges | 640/8 | €1,129 | €1,073 | -€56 | -5.0% |
| Gross operating margin | 9900 | €137,095 | €132,075 | -€5,020 | -3.7% |
| Operating profit (loss) | 9901 | €113,282 | €99,510 | -€13,772 | -12.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €113,282 | €99,510 | -€13,773 | -12.2% |
| Income taxes | 67/77 | €23,922 | €19,902 | -€4,020 | -16.8% |
| Profit (loss) for the period | 9904 | €89,360 | €79,608 | -€9,753 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,360 | €79,608 | -€9,753 | -10.9% |
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 14 October 2026 via checked.be.