Camaléon Projects: 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.
Camaléon Projects
Largest movements
- Tangible fixed assets +€5,479
up €5,479 (+144.5%), from €3,791 to €9,271
of which Other tangible fixed assets: +€3,559
- Cash -€1,003
down €1,003 (-8.7%), from €11,495 to €10,492
mainly Investment in fixed assets (net) (-€7,123) and Short-term financial debts (-€1,031)
- Receivables within one year +€666
up €666 (+5.0%), from €13,215 to €13,881
of which Other amounts receivable: +€666
- Deferred charges and accrued income -€611
down €611 (-29.5%), from €2,072 to €1,461
- Reserves +€6,429
up €6,429 (+41.4%), from €15,530 to €21,959
- Short-term financial debts -€1,031
down €1,031 (-67.0%), from €1,540 to €509
- Trade debts -€630
down €630 (-33.1%), from €1,901 to €1,271
- Gross operating margin -€7,986
down €7,986 (-36.4%), from €21,917 to €13,931
- Financial charges +€1,556
up €1,556 (+1288.7%), from €121 to €1,676
- Taxes -€697
down €697 (-14.2%), from €4,909 to €4,212
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.
Cash bridge derived
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 | €30,574 | €35,105 | +€4,531 | +14.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,791 | €9,271 | +€5,479 | +144.5% |
| Tangible fixed assets | 22/27 | €3,791 | €9,271 | +€5,479 | +144.5% |
| Plant, machinery and equipment | 23 | - | €2,420 | +€2,420 | |
| Furniture and vehicles | 24 | €2,124 | €1,625 | -€500 | -23.5% |
| Other tangible fixed assets | 26 | €1,667 | €5,226 | +€3,559 | +213.5% |
| Current assets | 29/58 | €26,782 | €25,834 | -€948 | -3.5% |
| Amounts receivable within one year | 40/41 | €13,215 | €13,881 | +€666 | +5.0% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €1,115 | €1,781 | +€666 | +59.7% |
| Cash at bank and in hand | 54/58 | €11,495 | €10,492 | -€1,003 | -8.7% |
| Deferred charges and accrued income | 490/1 | €2,072 | €1,461 | -€611 | -29.5% |
| Total equity and liabilities | 10/49 | €30,574 | €35,105 | +€4,531 | +14.8% |
| Equity | 10/15 | €18,530 | €24,959 | +€6,429 | +34.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,530 | €21,959 | +€6,429 | +41.4% |
| Distributable reserves | 133 | €15,530 | €21,959 | +€6,429 | +41.4% |
| Amounts payable | 17/49 | €12,043 | €10,145 | -€1,898 | -15.8% |
| Amounts payable within one year | 42/48 | €11,343 | €9,655 | -€1,688 | -14.9% |
| Financial debts | 43 | €1,540 | €509 | -€1,031 | -67.0% |
| Credit institutions | 430/8 | €1,540 | €509 | -€1,031 | -67.0% |
| Trade debts | 44 | €1,901 | €1,271 | -€630 | -33.1% |
| Suppliers | 440/4 | €1,901 | €1,271 | -€630 | -33.1% |
| Taxes, remuneration and social security | 45 | €7,903 | €7,876 | -€27 | -0.3% |
| Taxes | 450/3 | €6,115 | €6,028 | -€88 | -1.4% |
| Remuneration and social security | 454/9 | €1,787 | €1,848 | +€61 | +3.4% |
| Accrued charges and deferred income | 492/3 | €700 | €490 | -€210 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,713 | €1,644 | -€69 | -4.0% |
| Other operating charges | 640/8 | €51 | €0 | -€51 | -100.0% |
| Gross operating margin | 9900 | €21,917 | €13,931 | -€7,986 | -36.4% |
| Operating profit (loss) | 9901 | €20,153 | €12,287 | -€7,866 | -39.0% |
| Financial income | 75/76B | €40 | €30 | -€9 | -23.7% |
| Recurring financial income | 75 | €40 | €30 | -€9 | -23.7% |
| Financial charges | 65/66B | €121 | €1,676 | +€1,556 | +1288.7% |
| Recurring financial charges | 65 | €121 | €1,676 | +€1,556 | +1288.7% |
| Profit (loss) for the period before taxes | 9903 | €20,072 | €10,641 | -€9,431 | -47.0% |
| Income taxes | 67/77 | €4,909 | €4,212 | -€697 | -14.2% |
| Profit (loss) for the period | 9904 | €15,163 | €6,429 | -€8,734 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,163 | €6,429 | -€8,734 | -57.6% |
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 11 October 2026 via checked.be.