CAM & Cie: 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.
CAM & Cie
Largest movements
- Cash -€30,939
down €30,939 (-53.9%), from €57,448 to €26,509
mainly Debts after one year (-€34,191) and Trade debts (-€12,980)
- Stocks and contracts -€19,916
down €19,916 (-12.4%), from €160,680 to €140,764
- Intangible fixed assets -€3,000
down €3,000 (-13.4%), from €22,430 to €19,430
- Debts after one year -€34,191
down €34,191 (-29.8%), from €114,689 to €80,498
- Trade debts -€12,980
down €12,980 (-22.0%), from €58,897 to €45,917
- Profit (loss) carried forward -€10,412
down €10,412 (-2,848%), from -€366 to -€10,777
- Tax, wage and social debts +€3,873
up €3,873 (+14.7%), from €26,289 to €30,161
of which Taxes: +€4,031
- Staff costs +€13,350
up €13,350 (+32.3%), from €41,369 to €54,719
- Gross operating margin -€12,425
down €12,425 (-14.6%), from €85,010 to €72,584
- Depreciation +€1,398
up €1,398 (+12.8%), from €10,914 to €12,312
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 | €292,759 | €238,913 | -€53,846 | -18.4% |
| Fixed assets | 21/28 | €69,197 | €63,720 | -€5,477 | -7.9% |
| Intangible fixed assets | 21 | €22,430 | €19,430 | -€3,000 | -13.4% |
| Tangible fixed assets | 22/27 | €46,767 | €44,289 | -€2,477 | -5.3% |
| Plant, machinery and equipment | 23 | €43,737 | €42,090 | -€1,647 | -3.8% |
| Furniture and vehicles | 24 | €3,030 | €2,199 | -€831 | -27.4% |
| Current assets | 29/58 | €223,562 | €175,193 | -€48,369 | -21.6% |
| Stocks and contracts in progress | 3 | €160,680 | €140,764 | -€19,916 | -12.4% |
| Stocks | 30/36 | €160,680 | €140,764 | -€19,916 | -12.4% |
| Amounts receivable within one year | 40/41 | €3,095 | €4,309 | +€1,214 | +39.2% |
| Trade receivables | 40 | €3,095 | €1,533 | -€1,561 | -50.5% |
| Other amounts receivable | 41 | - | €2,775 | +€2,775 | |
| Cash at bank and in hand | 54/58 | €57,448 | €26,509 | -€30,939 | -53.9% |
| Deferred charges and accrued income | 490/1 | €2,339 | €3,612 | +€1,273 | +54.4% |
| Total equity and liabilities | 10/49 | €292,759 | €238,913 | -€53,846 | -18.4% |
| Equity | 10/15 | €24,634 | €14,223 | -€10,412 | -42.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€366 | -€10,777 | -€10,412 | -2,848% |
| Amounts payable | 17/49 | €268,125 | €224,690 | -€43,435 | -16.2% |
| Amounts payable after more than one year | 17 | €114,689 | €80,498 | -€34,191 | -29.8% |
| Financial debts | 170/4 | €114,689 | €80,498 | -€34,191 | -29.8% |
| Amounts payable within one year | 42/48 | €153,436 | €144,192 | -€9,244 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €33,252 | €34,191 | +€939 | +2.8% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €58,897 | €45,917 | -€12,980 | -22.0% |
| Suppliers | 440/4 | €58,897 | €45,917 | -€12,980 | -22.0% |
| Taxes, remuneration and social security | 45 | €26,289 | €30,161 | +€3,873 | +14.7% |
| Taxes | 450/3 | €19,918 | €23,949 | +€4,031 | +20.2% |
| Remuneration and social security | 454/9 | €6,371 | €6,213 | -€158 | -2.5% |
| Other amounts payable | 47/48 | €9,998 | €8,922 | -€1,076 | -10.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €41,369 | €54,719 | +€13,350 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,914 | €12,312 | +€1,398 | +12.8% |
| Other operating charges | 640/8 | €6,870 | €7,085 | +€216 | +3.1% |
| Gross operating margin | 9900 | €85,010 | €72,584 | -€12,425 | -14.6% |
| Operating profit (loss) | 9901 | €25,856 | -€1,532 | -€27,388 | |
| Financial income | 75/76B | €11 | €193 | +€183 | +1,712% |
| Recurring financial income | 75 | €11 | €193 | +€183 | +1,712% |
| Financial charges | 65/66B | €8,948 | €8,849 | -€100 | -1.1% |
| Recurring financial charges | 65 | €8,948 | €8,849 | -€100 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €16,918 | -€10,187 | -€27,105 | |
| Income taxes | 67/77 | €182 | €225 | +€43 | +23.5% |
| Profit (loss) for the period | 9904 | €16,737 | -€10,412 | -€27,148 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,737 | -€10,412 | -€27,148 |
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.