CAMAL: 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.
What changed
CAMAL
NACE 10.510, Manufacture of food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€826,663
2024 · €1.0m-€184,571
Equity
€8.9m
2024 · €8.1m+€826,663
Cash
€466,041
2024 · €110,906+€355,135
Balance sheet total
€13.4m
2024 · €14.7m-€1.3m
Largest movements
Assets
- Receivables within one year -€1.2m
down €1.2m (-9.7%), from €12.3m to €11.1m
of which Other amounts receivable: -€1.0m
- Cash +€355,135
up €355,135 (+320%), from €110,906 to €466,041
mainly Receivables within one year (+€1.2m) and Net result for the year (+€826,663)
- Stocks and contracts -€309,423
down €309,423 (-18.1%), from €1.7m to €1.4m
Equity and liabilities
- Trade debts -€2.0m
down €2.0m (-35.8%), from €5.7m to €3.6m
- Profit (loss) carried forward +€826,663
up €826,663 (+11.0%), from €7.5m to €8.4m
Income statement
- Turnover -€453,311
down €453,311 (-1.1%), from €42.2m to €41.7m
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.
Result 2024
€1.0m
Turnover
-€453,311
Other operating income
+€235,044
Goods and materials
+€160,795
Services and other goods
-€141,283
Staff costs
-€86,971
Depreciation
-€3,709
Write-downs
+€6,163
Other operating charges
+€17,183
Financial income
-€38,889
Financial charges
+€1,924
Taxes
+€118,484
Result 2025
€826,663
raises the resultlowers the result
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.
From operations
+€358,228
Investment
-€3,093
Financing
€0
Cash 2024
€110,906
From operations (derived)
+€358,228
Net result for the year
+€826,663
Depreciation
+€76,589
Stocks and contracts
+€309,423
Receivables within one year
+€1.2m
Deferred charges and accrued income
+€24,197
Trade debts
-€2.0m
Tax, wage and social debts
-€45,145
Accrued charges and deferred income
-€105
Investment (derived)
-€3,093
Investment in fixed assets (net)
-€3,093
Cash 2025
€466,041
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,654,543 | €13,404,168 | -€1.3m | -8.5% |
| Fixed assets | 21/28 | €482,078 | €408,581 | -€73,496 | -15.2% |
| Intangible fixed assets | 21 | €151,098 | €132,880 | -€18,218 | -12.1% |
| Tangible fixed assets | 22/27 | €291,463 | €233,091 | -€58,372 | -20.0% |
| Land and buildings | 22 | €155,137 | €146,564 | -€8,573 | -5.5% |
| Plant, machinery and equipment | 23 | €114,771 | €75,164 | -€39,607 | -34.5% |
| Furniture and vehicles | 24 | €21,554 | €11,363 | -€10,192 | -47.3% |
| Financial fixed assets | 28 | €39,517 | €42,610 | +€3,093 | +7.8% |
| Other financial fixed assets | 284/8 | €39,517 | €42,610 | +€3,093 | +7.8% |
| Shares | 284 | €6,255 | €6,255 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €33,262 | €36,355 | +€3,093 | +9.3% |
| Current assets | 29/58 | €14,172,465 | €12,995,587 | -€1.2m | -8.3% |
| Stocks and contracts in progress | 3 | €1,708,357 | €1,398,934 | -€309,423 | -18.1% |
| Stocks | 30/36 | €1,708,357 | €1,398,934 | -€309,423 | -18.1% |
| Raw materials and consumables | 30/31 | €4,394 | €3,150 | -€1,245 | -28.3% |
| Goods purchased for resale | 34 | €1,703,963 | €1,395,784 | -€308,179 | -18.1% |
| Amounts receivable within one year | 40/41 | €12,308,795 | €11,110,401 | -€1.2m | -9.7% |
| Trade receivables | 40 | €6,979,011 | €6,821,475 | -€157,537 | -2.3% |
| Other amounts receivable | 41 | €5,329,783 | €4,288,927 | -€1.0m | -19.5% |
| Cash at bank and in hand | 54/58 | €110,906 | €466,041 | +€355,135 | +320% |
| Deferred charges and accrued income | 490/1 | €44,407 | €20,210 | -€24,197 | -54.5% |
| Total equity and liabilities | 10/49 | €14,654,543 | €13,404,168 | -€1.3m | -8.5% |
| Equity | 10/15 | €8,115,562 | €8,942,225 | +€826,663 | +10.2% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €340,470 | €340,470 | = | 0.0% |
| Non-distributable reserves | 130/1 | €258,052 | €258,052 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Other | 1319 | €233,252 | €233,252 | = | 0.0% |
| Tax-exempt reserves | 132 | €81,496 | €81,496 | = | 0.0% |
| Distributable reserves | 133 | €922 | €922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,527,092 | €8,353,755 | +€826,663 | +11.0% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €6,498,981 | €4,421,943 | -€2.1m | -32.0% |
| Amounts payable within one year | 42/48 | €6,498,818 | €4,421,885 | -€2.1m | -32.0% |
| Trade debts | 44 | €5,669,164 | €3,637,376 | -€2.0m | -35.8% |
| Suppliers | 440/4 | €5,669,164 | €3,637,376 | -€2.0m | -35.8% |
| Taxes, remuneration and social security | 45 | €829,653 | €784,508 | -€45,145 | -5.4% |
| Taxes | 450/3 | €579,747 | €494,252 | -€85,495 | -14.7% |
| Remuneration and social security | 454/9 | €249,906 | €290,257 | +€40,350 | +16.1% |
| Accrued charges and deferred income | 492/3 | €163 | €58 | -€105 | -64.2% |
| Operating income | 70/76A | €42,758,299 | €42,540,031 | -€218,268 | -0.5% |
| Turnover | 70 | €42,186,274 | €41,732,963 | -€453,311 | -1.1% |
| Other operating income | 74 | €572,025 | €807,068 | +€235,044 | +41.1% |
| Operating charges | 60/66A | €41,567,202 | €41,615,024 | +€47,822 | +0.1% |
| Goods for resale, raw materials and consumables | 60 | €36,824,710 | €36,663,915 | -€160,795 | -0.4% |
| Purchases | 600/8 | €36,859,772 | €36,354,492 | -€505,280 | -1.4% |
| Change in stocks: decrease (increase) | 609 | -€35,062 | €309,423 | +€344,485 | |
| Services and other goods | 61 | €2,508,893 | €2,650,176 | +€141,283 | +5.6% |
| Remuneration, social security and pensions | 62 | €2,078,790 | €2,165,761 | +€86,971 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,880 | €76,589 | +€3,709 | +5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,163 | - | -€6,163 | |
| Other operating charges | 640/8 | €75,765 | €58,582 | -€17,183 | -22.7% |
| Operating profit (loss) | 9901 | €1,191,097 | €925,007 | -€266,090 | -22.3% |
| Financial income | 75/76B | €250,395 | €211,506 | -€38,889 | -15.5% |
| Recurring financial income | 75 | €250,395 | €211,506 | -€38,889 | -15.5% |
| Income from current assets | 751 | €244,693 | €194,969 | -€49,724 | -20.3% |
| Other financial income | 752/9 | €5,702 | €16,538 | +€10,836 | +190% |
| Financial charges | 65/66B | €13,634 | €11,710 | -€1,924 | -14.1% |
| Recurring financial charges | 65 | €13,634 | €11,710 | -€1,924 | -14.1% |
| Debt charges | 650 | €7,035 | €6,094 | -€940 | -13.4% |
| Other financial charges | 652/9 | €6,599 | €5,616 | -€984 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €1,427,858 | €1,124,804 | -€303,054 | -21.2% |
| Income taxes | 67/77 | €416,625 | €298,141 | -€118,484 | -28.4% |
| Taxes | 670/3 | €418,017 | €306,594 | -€111,423 | -26.7% |
| Tax adjustments and reversals of tax provisions | 77 | €1,392 | €8,453 | +€7,061 | +507% |
| Profit (loss) for the period | 9904 | €1,011,233 | €826,663 | -€184,571 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,011,233 | €826,663 | -€184,571 | -18.3% |
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 16 October 2026 via checked.be.