CAM HD PROD: 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 HD PROD
Largest movements
- Receivables within one year +€21,556
up €21,556 (+122%), from €17,599 to €39,156
of which Trade receivables: +€22,524
- Cash -€12,591
down €12,591 (-32.5%), from €38,800 to €26,209
mainly Receivables within one year (-€21,556) and Deferred charges and accrued income (-€3,501)
- Tangible fixed assets -€5,105
down €5,105 (-47.3%), from €10,797 to €5,692
of which Furniture and vehicles: -€4,353
- Deferred charges and accrued income +€3,501
up €3,501 (+819%), from €427 to €3,928
- Profit (loss) carried forward +€4,103
up €4,103 (+143%), from €2,866 to €6,969
- Trade debts +€1,926
up €1,926 (+62.6%), from €3,078 to €5,004
- Other debts +€1,246
up €1,246 (+156%), from €800 to €2,046
- Gross operating margin -€8,471
down €8,471 (-39.0%), from €21,698 to €13,227
- Taxes -€2,789
down €2,789 (-50.1%), from €5,571 to €2,782
- Depreciation -€344
down €344 (-6.3%), from €5,449 to €5,105
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 | €67,724 | €75,085 | +€7,361 | +10.9% |
| Fixed assets | 21/28 | €10,897 | €5,792 | -€5,105 | -46.8% |
| Tangible fixed assets | 22/27 | €10,797 | €5,692 | -€5,105 | -47.3% |
| Plant, machinery and equipment | 23 | €852 | €100 | -€752 | -88.3% |
| Furniture and vehicles | 24 | €9,946 | €5,592 | -€4,353 | -43.8% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €56,827 | €69,292 | +€12,466 | +21.9% |
| Amounts receivable within one year | 40/41 | €17,599 | €39,156 | +€21,556 | +122% |
| Trade receivables | 40 | €10,702 | €33,226 | +€22,524 | +210% |
| Other amounts receivable | 41 | €6,897 | €5,930 | -€967 | -14.0% |
| Cash at bank and in hand | 54/58 | €38,800 | €26,209 | -€12,591 | -32.5% |
| Deferred charges and accrued income | 490/1 | €427 | €3,928 | +€3,501 | +819% |
| Total equity and liabilities | 10/49 | €67,724 | €75,085 | +€7,361 | +10.9% |
| Equity | 10/15 | €61,066 | €65,169 | +€4,103 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,000 | €52,000 | = | 0.0% |
| Distributable reserves | 133 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,866 | €6,969 | +€4,103 | +143% |
| Amounts payable | 17/49 | €6,658 | €9,916 | +€3,258 | +48.9% |
| Amounts payable within one year | 42/48 | €6,658 | €9,916 | +€3,258 | +48.9% |
| Trade debts | 44 | €3,078 | €5,004 | +€1,926 | +62.6% |
| Suppliers | 440/4 | €3,078 | €5,004 | +€1,926 | +62.6% |
| Taxes, remuneration and social security | 45 | €2,780 | €2,866 | +€86 | +3.1% |
| Taxes | 450/3 | €2,780 | €2,866 | +€86 | +3.1% |
| Other amounts payable | 47/48 | €800 | €2,046 | +€1,246 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,449 | €5,105 | -€344 | -6.3% |
| Other operating charges | 640/8 | €284 | €407 | +€123 | +43.2% |
| Gross operating margin | 9900 | €21,698 | €13,227 | -€8,471 | -39.0% |
| Operating profit (loss) | 9901 | €15,965 | €7,716 | -€8,250 | -51.7% |
| Financial income | 75/76B | €164 | €144 | -€21 | -12.5% |
| Recurring financial income | 75 | €164 | €144 | -€21 | -12.5% |
| Financial charges | 65/66B | €152 | €141 | -€11 | -7.5% |
| Recurring financial charges | 65 | €152 | €141 | -€11 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €15,977 | €7,718 | -€8,259 | -51.7% |
| Income taxes | 67/77 | €5,571 | €2,782 | -€2,789 | -50.1% |
| Profit (loss) for the period | 9904 | €10,406 | €4,936 | -€5,470 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,406 | €4,936 | -€5,470 | -52.6% |
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 18 October 2026 via checked.be.