Cam/Art Immo: what changed
Cam/Art Immo
Largest movements
- Cash +€28,391
up €28,391 (+46.0%), from €61,657 to €90,048
mainly Other debts (+€121,000) and Depreciation (+€37,610)
- Tangible fixed assets +€18,378
up €18,378 (+3.6%), from €512,397 to €530,775
of which Furniture and vehicles: +€44,139
- Receivables within one year +€13,969
up €13,969 (+2,304%), from €606 to €14,575
of which Trade receivables: +€14,575
- Other debts +€121,000
up €121,000 (+279%), from €43,333 to €164,333
- Debts after one year -€114,335
down €114,335 (-23.3%), from €491,541 to €377,206
of which Other amounts payable: -€121,000
- Reserves +€37,482
up €37,482 (+276%), from €13,575 to €51,057
- Current portion of long-term debt +€17,307
up €17,307 (+131%), from €13,180 to €30,487
- Gross operating margin +€39,686
up €39,686 (+62.5%), from €63,454 to €103,141
- Financial charges +€6,979
up €6,979 (+73.4%), from €9,504 to €16,484
- Taxes +€5,977
up €5,977 (+176%), from €3,394 to €9,370
- Depreciation +€1,747
up €1,747 (+4.9%), from €35,863 to €37,610
- Other operating charges +€1,077
up €1,077 (+96.3%), from €1,118 to €2,195
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €574,777 | €635,679 | +€60,902 | +10.6% |
| Fixed assets | 21/28 | €512,397 | €530,775 | +€18,378 | +3.6% |
| Tangible fixed assets | 22/27 | €512,397 | €530,775 | +€18,378 | +3.6% |
| Land and buildings | 22 | €512,397 | €486,636 | -€25,761 | -5.0% |
| Furniture and vehicles | 24 | - | €44,139 | +€44,139 | |
| Current assets | 29/58 | €62,380 | €104,904 | +€42,524 | +68.2% |
| Amounts receivable within one year | 40/41 | €606 | €14,575 | +€13,969 | +2,304% |
| Trade receivables | 40 | - | €14,575 | +€14,575 | |
| Other amounts receivable | 41 | €606 | - | -€606 | |
| Cash at bank and in hand | 54/58 | €61,657 | €90,048 | +€28,391 | +46.0% |
| Deferred charges and accrued income | 490/1 | €117 | €282 | +€165 | +140% |
| Total equity and liabilities | 10/49 | €574,777 | €635,679 | +€60,902 | +10.6% |
| Equity | 10/15 | €16,575 | €54,057 | +€37,482 | +226% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,575 | €51,057 | +€37,482 | +276% |
| Distributable reserves | 133 | €13,575 | €51,057 | +€37,482 | +276% |
| Amounts payable | 17/49 | €558,201 | €581,622 | +€23,421 | +4.2% |
| Amounts payable after more than one year | 17 | €491,541 | €377,206 | -€114,335 | -23.3% |
| Financial debts | 170/4 | €370,541 | €377,206 | +€6,665 | +1.8% |
| Other amounts payable | 178/9 | €121,000 | - | -€121,000 | |
| Amounts payable within one year | 42/48 | €66,660 | €204,416 | +€137,756 | +207% |
| Current portion of amounts payable after more than one year | 42 | €13,180 | €30,487 | +€17,307 | +131% |
| Trade debts | 44 | €6,786 | €4,896 | -€1,891 | -27.9% |
| Suppliers | 440/4 | €6,786 | €4,896 | -€1,891 | -27.9% |
| Taxes, remuneration and social security | 45 | €3,361 | €4,700 | +€1,339 | +39.9% |
| Taxes | 450/3 | €3,361 | €4,700 | +€1,339 | +39.9% |
| Other amounts payable | 47/48 | €43,333 | €164,333 | +€121,000 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,863 | €37,610 | +€1,747 | +4.9% |
| Other operating charges | 640/8 | €1,118 | €2,195 | +€1,077 | +96.3% |
| Gross operating margin | 9900 | €63,454 | €103,141 | +€39,686 | +62.5% |
| Operating profit (loss) | 9901 | €26,473 | €63,336 | +€36,862 | +139% |
| Financial charges | 65/66B | €9,504 | €16,484 | +€6,979 | +73.4% |
| Recurring financial charges | 65 | €9,504 | €16,484 | +€6,979 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €16,969 | €46,852 | +€29,883 | +176% |
| Income taxes | 67/77 | €3,394 | €9,370 | +€5,977 | +176% |
| Profit (loss) for the period | 9904 | €13,575 | €37,482 | +€23,906 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €13,575 | €37,482 | +€23,906 | +176% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.