SALON DE KAM: 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.
SALON DE KAM
Largest movements
- Current investments +€12,189
up €12,189 (+7.2%), from €170,379 to €182,567
- Cash -€3,391
down €3,391 (-26.4%), from €12,831 to €9,440
mainly Current investments (-€12,189) and Other debts (-€2,436)
- Reserves +€7,000
up €7,000 (+12.4%), from €56,261 to €63,261
of which Distributable reserves: +€7,000
- Other debts -€2,436
down €2,436 (-8.2%), from €29,560 to €27,124
- Gross operating margin +€8,230
up €8,230 (+241%), from €3,417 to €11,647
- Taxes +€2,246
up €2,246 (+240%), from €935 to €3,181
- Financial charges +€289
up €289 (+185%), from €156 to €445
- Financial income +€139
up €139 (+74.8%), from €185 to €324
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 | €187,197 | €194,501 | +€7,304 | +3.9% |
| Fixed assets | 21/28 | €1,569 | €1,066 | -€503 | -32.1% |
| Tangible fixed assets | 22/27 | €1,467 | €964 | -€503 | -34.3% |
| Other tangible fixed assets | 26 | €1,467 | €964 | -€503 | -34.3% |
| Financial fixed assets | 28 | €102 | €102 | = | 0.0% |
| Current assets | 29/58 | €185,628 | €193,435 | +€7,807 | +4.2% |
| Stocks and contracts in progress | 3 | €1,730 | €1,055 | -€675 | -39.0% |
| Stocks | 30/36 | €1,730 | €1,055 | -€675 | -39.0% |
| Amounts receivable within one year | 40/41 | €101 | - | -€101 | |
| Trade receivables | 40 | €101 | - | -€101 | |
| Current investments | 50/53 | €170,379 | €182,567 | +€12,189 | +7.2% |
| Cash at bank and in hand | 54/58 | €12,831 | €9,440 | -€3,391 | -26.4% |
| Deferred charges and accrued income | 490/1 | €588 | €373 | -€215 | -36.5% |
| Total equity and liabilities | 10/49 | €187,197 | €194,501 | +€7,304 | +3.9% |
| Equity | 10/15 | €152,888 | €160,650 | +€7,762 | +5.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €56,261 | €63,261 | +€7,000 | +12.4% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,236 | €1,236 | = | 0.0% |
| Distributable reserves | 133 | €53,150 | €60,150 | +€7,000 | +13.2% |
| Profit (loss) carried forward | 14 | €77,877 | €78,639 | +€762 | +1.0% |
| Amounts payable | 17/49 | €34,309 | €33,851 | -€459 | -1.3% |
| Amounts payable within one year | 42/48 | €34,309 | €33,851 | -€459 | -1.3% |
| Trade debts | 44 | €1,504 | €215 | -€1,289 | -85.7% |
| Suppliers | 440/4 | €1,504 | €215 | -€1,289 | -85.7% |
| Advances received on contracts in progress | 46 | - | €1,897 | +€1,897 | |
| Taxes, remuneration and social security | 45 | €3,245 | €4,615 | +€1,370 | +42.2% |
| Taxes | 450/3 | €2,253 | €3,623 | +€1,370 | +60.8% |
| Remuneration and social security | 454/9 | €992 | €992 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €29,560 | €27,124 | -€2,436 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €503 | = | 0.0% |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €3,417 | €11,647 | +€8,230 | +241% |
| Operating profit (loss) | 9901 | €2,834 | €11,064 | +€8,230 | +290% |
| Financial income | 75/76B | €185 | €324 | +€139 | +74.8% |
| Recurring financial income | 75 | €185 | €324 | +€139 | +74.8% |
| Financial charges | 65/66B | €156 | €445 | +€289 | +185% |
| Recurring financial charges | 65 | €156 | €445 | +€289 | +185% |
| Profit (loss) for the period before taxes | 9903 | €2,863 | €10,944 | +€8,080 | +282% |
| Income taxes | 67/77 | €935 | €3,181 | +€2,246 | +240% |
| Profit (loss) for the period | 9904 | €1,928 | €7,762 | +€5,834 | +303% |
| Profit (loss) for the period to be appropriated | 9905 | €1,928 | €7,762 | +€5,834 | +303% |
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 28 October 2026 via checked.be.