CAMADASI: 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.
CAMADASI
Largest movements
- Current investments +€186,166
up €186,166 (+20.4%), from €914,770 to €1.1m
- Cash +€42,685
up €42,685 (+19.2%), from €222,838 to €265,524
mainly Net result for the year (+€196,026) and Receivables within one year (+€27,785)
- Receivables within one year -€27,785
down €27,785 (-60.2%), from €46,146 to €18,362
- Reserves +€196,026
up €196,026 (+17.3%), from €1.1m to €1.3m
- Gross operating margin -€135,448
down €135,448 (-57.5%), from €235,555 to €100,107
- Financial income +€133,662
up €133,662 (+1,991%), from €6,714 to €140,376
- Taxes -€29,451
down €29,451 (-41.1%), from €71,593 to €42,142
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 | €1,188,910 | €1,387,884 | +€198,973 | +16.7% |
| Fixed assets | 21/28 | €1,168 | €745 | -€423 | -36.2% |
| Tangible fixed assets | 22/27 | €1,168 | €745 | -€423 | -36.2% |
| Plant, machinery and equipment | 23 | €1,168 | €745 | -€423 | -36.2% |
| Current assets | 29/58 | €1,187,743 | €1,387,139 | +€199,397 | +16.8% |
| Amounts receivable within one year | 40/41 | €46,146 | €18,362 | -€27,785 | -60.2% |
| Trade receivables | 40 | €46,146 | €18,362 | -€27,785 | -60.2% |
| Current investments | 50/53 | €914,770 | €1,100,936 | +€186,166 | +20.4% |
| Cash at bank and in hand | 54/58 | €222,838 | €265,524 | +€42,685 | +19.2% |
| Deferred charges and accrued income | 490/1 | €3,988 | €2,317 | -€1,670 | -41.9% |
| Total equity and liabilities | 10/49 | €1,188,910 | €1,387,884 | +€198,973 | +16.7% |
| Equity | 10/15 | €1,148,918 | €1,344,944 | +€196,026 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,130,318 | €1,326,344 | +€196,026 | +17.3% |
| Distributable reserves | 133 | €1,130,318 | €1,326,344 | +€196,026 | +17.3% |
| Amounts payable | 17/49 | €39,993 | €42,940 | +€2,947 | +7.4% |
| Amounts payable within one year | 42/48 | €39,993 | €42,940 | +€2,947 | +7.4% |
| Trade debts | 44 | €72 | €788 | +€716 | +1,002% |
| Suppliers | 440/4 | €72 | €788 | +€716 | +1,002% |
| Taxes, remuneration and social security | 45 | €36,452 | €40,214 | +€3,762 | +10.3% |
| Taxes | 450/3 | €35,045 | €40,214 | +€5,169 | +14.7% |
| Remuneration and social security | 454/9 | €1,407 | - | -€1,407 | |
| Other amounts payable | 47/48 | €3,469 | €1,938 | -€1,531 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102 | €423 | +€321 | +316% |
| Other operating charges | 640/8 | €1,845 | €1,847 | +€2 | +0.1% |
| Gross operating margin | 9900 | €235,555 | €100,107 | -€135,448 | -57.5% |
| Operating profit (loss) | 9901 | €233,608 | €97,837 | -€135,771 | -58.1% |
| Financial income | 75/76B | €6,714 | €140,376 | +€133,662 | +1,991% |
| Recurring financial income | 75 | €6,714 | €140,376 | +€133,662 | +1,991% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €240,277 | €238,168 | -€2,108 | -0.9% |
| Income taxes | 67/77 | €71,593 | €42,142 | -€29,451 | -41.1% |
| Profit (loss) for the period | 9904 | €168,684 | €196,026 | +€27,343 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €168,684 | €196,026 | +€27,343 | +16.2% |
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 31 October 2026 via checked.be.