cam-deco: 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-deco
Largest movements
- Cash +€51,936
up €51,936 (+19.4%), from €268,181 to €320,117
mainly Net result for the year (+€86,147) and Depreciation (+€46,015)
- Receivables within one year +€14,820
up €14,820 (+75.9%), from €19,522 to €34,342
of which Trade receivables: +€15,992
- Profit (loss) carried forward +€46,147
up €46,147 (+17.7%), from €260,598 to €306,745
- Tax, wage and social debts +€23,289
up €23,289 (+657%), from €3,542 to €26,832
of which Taxes: +€13,171
- Trade debts -€10,841
no longer reported in 2025 (was €10,841)
- Reserves +€10,000
up €10,000 (+14.2%), from €70,400 to €80,400
of which Distributable reserves: +€10,000
- Gross operating margin +€73,317
up €73,317 (+62.6%), from €117,129 to €190,446
- Other operating charges +€25,458
up €25,458 (+930%), from €2,738 to €28,196
- Taxes +€11,113
up €11,113 (+61.2%), from €18,158 to €29,271
- Depreciation +€8,905
up €8,905 (+24.0%), from €37,110 to €46,015
- Staff costs +€2,119
new in 2025: €2,119
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 | €398,448 | €465,982 | +€67,534 | +16.9% |
| Fixed assets | 21/28 | €110,745 | €111,524 | +€779 | +0.7% |
| Tangible fixed assets | 22/27 | €106,256 | €110,144 | +€3,888 | +3.7% |
| Furniture and vehicles | 24 | €106,256 | €110,144 | +€3,888 | +3.7% |
| Financial fixed assets | 28 | €4,489 | €1,380 | -€3,109 | -69.3% |
| Current assets | 29/58 | €287,703 | €354,458 | +€66,755 | +23.2% |
| Amounts receivable within one year | 40/41 | €19,522 | €34,342 | +€14,820 | +75.9% |
| Trade receivables | 40 | €7,340 | €23,332 | +€15,992 | +218% |
| Other amounts receivable | 41 | €12,182 | €11,009 | -€1,173 | -9.6% |
| Cash at bank and in hand | 54/58 | €268,181 | €320,117 | +€51,936 | +19.4% |
| Total equity and liabilities | 10/49 | €398,448 | €465,982 | +€67,534 | +16.9% |
| Equity | 10/15 | €351,458 | €407,605 | +€56,147 | +16.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €70,400 | €80,400 | +€10,000 | +14.2% |
| Tax-exempt reserves | 132 | €20,400 | €20,400 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Profit (loss) carried forward | 14 | €260,598 | €306,745 | +€46,147 | +17.7% |
| Amounts payable | 17/49 | €46,990 | €58,377 | +€11,387 | +24.2% |
| Amounts payable within one year | 42/48 | €46,990 | €58,377 | +€11,387 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,184 | +€1,184 | |
| Financial debts | 43 | €423 | €339 | -€84 | -19.9% |
| Credit institutions | 430/8 | €423 | €339 | -€84 | -19.9% |
| Trade debts | 44 | €10,841 | - | -€10,841 | |
| Suppliers | 440/4 | €10,841 | - | -€10,841 | |
| Taxes, remuneration and social security | 45 | €3,542 | €26,832 | +€23,289 | +657% |
| Taxes | 450/3 | €3,542 | €16,714 | +€13,171 | +372% |
| Remuneration and social security | 454/9 | - | €10,118 | +€10,118 | |
| Other amounts payable | 47/48 | €32,183 | €30,023 | -€2,160 | -6.7% |
| Remuneration, social security and pensions | 62 | - | €2,119 | +€2,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,110 | €46,015 | +€8,905 | +24.0% |
| Other operating charges | 640/8 | €2,738 | €28,196 | +€25,458 | +930% |
| Gross operating margin | 9900 | €117,129 | €190,446 | +€73,317 | +62.6% |
| Operating profit (loss) | 9901 | €77,282 | €114,116 | +€36,835 | +47.7% |
| Financial income | 75/76B | €1,684 | €1,940 | +€255 | +15.1% |
| Recurring financial income | 75 | €1,684 | €1,940 | +€255 | +15.1% |
| Financial charges | 65/66B | €661 | €638 | -€24 | -3.6% |
| Recurring financial charges | 65 | €661 | €638 | -€24 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €78,305 | €115,418 | +€37,114 | +47.4% |
| Income taxes | 67/77 | €18,158 | €29,271 | +€11,113 | +61.2% |
| Profit (loss) for the period | 9904 | €60,146 | €86,147 | +€26,001 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,146 | €86,147 | +€26,001 | +43.2% |
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 15 October 2026 via checked.be.