CAMANT: what changed
Two fiscal 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.
CAMANT
Largest movements
- Cash +€54,985
up €54,985 (+49.4%), from €111,240 to €166,225
mainly Other debts (+€108,288) and Net result for the year (+€61,319)
- Receivables within one year -€28,042
down €28,042 (-36.8%), from €76,126 to €48,084
of which Trade receivables: -€28,619
- Deferred charges and accrued income -€7,243
down €7,243 (-16.8%), from €43,053 to €35,810
- Reserves -€111,000
down €111,000 (-37.7%), from €294,778 to €183,778
of which Distributable reserves: -€111,000
- Other debts +€108,288
up €108,288 (+3418.2%), from €3,168 to €111,456
- Tax, wage and social debts +€11,965
up €11,965 (+26.9%), from €44,422 to €56,387
of which Taxes: +€11,965
- Trade debts +€7,183
up €7,183 (+61.9%), from €11,602 to €18,785
- Taxes -€27,569
down €27,569 (-47.7%), from €57,785 to €30,216
- Other operating charges -€9,740
down €9,740 (-76.0%), from €12,819 to €3,079
- Financial income -€5,684
down €5,684 (-67.5%), from €8,423 to €2,739
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 | €392,667 | €411,422 | +€18,755 | +4.8% |
| Fixed assets | 21/28 | €162,248 | €161,303 | -€945 | -0.6% |
| Tangible fixed assets | 22/27 | €1,031 | €86 | -€945 | -91.7% |
| Plant, machinery and equipment | 23 | €621 | €52 | -€569 | -91.6% |
| Furniture and vehicles | 24 | €410 | €34 | -€376 | -91.7% |
| Financial fixed assets | 28 | €161,217 | €161,217 | = | 0.0% |
| Current assets | 29/58 | €230,419 | €250,119 | +€19,700 | +8.5% |
| Amounts receivable within one year | 40/41 | €76,126 | €48,084 | -€28,042 | -36.8% |
| Trade receivables | 40 | €76,075 | €47,456 | -€28,619 | -37.6% |
| Other amounts receivable | 41 | €51 | €628 | +€577 | +1131.4% |
| Cash at bank and in hand | 54/58 | €111,240 | €166,225 | +€54,985 | +49.4% |
| Deferred charges and accrued income | 490/1 | €43,053 | €35,810 | -€7,243 | -16.8% |
| Total equity and liabilities | 10/49 | €392,667 | €411,422 | +€18,755 | +4.8% |
| Equity | 10/15 | €333,475 | €224,794 | -€108,681 | -32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €294,778 | €183,778 | -€111,000 | -37.7% |
| Non-distributable reserves | 130/1 | €4,778 | €4,778 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,778 | €4,778 | = | 0.0% |
| Distributable reserves | 133 | €290,000 | €179,000 | -€111,000 | -38.3% |
| Profit (loss) carried forward | 14 | €32,497 | €34,816 | +€2,319 | +7.1% |
| Amounts payable | 17/49 | €59,192 | €186,628 | +€127,436 | +215.3% |
| Amounts payable within one year | 42/48 | €59,192 | €186,628 | +€127,436 | +215.3% |
| Trade debts | 44 | €11,602 | €18,785 | +€7,183 | +61.9% |
| Suppliers | 440/4 | €11,602 | €18,785 | +€7,183 | +61.9% |
| Taxes, remuneration and social security | 45 | €44,422 | €56,387 | +€11,965 | +26.9% |
| Taxes | 450/3 | €44,272 | €56,237 | +€11,965 | +27.0% |
| Remuneration and social security | 454/9 | €150 | €150 | = | 0.0% |
| Other amounts payable | 47/48 | €3,168 | €111,456 | +€108,288 | +3418.2% |
| Remuneration, social security and pensions | 62 | €935 | - | -€935 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,040 | €946 | -€94 | -9.0% |
| Other operating charges | 640/8 | €12,819 | €3,079 | -€9,740 | -76.0% |
| Gross operating margin | 9900 | €94,087 | €93,291 | -€796 | -0.8% |
| Operating profit (loss) | 9901 | €79,293 | €89,266 | +€9,973 | +12.6% |
| Financial income | 75/76B | €8,423 | €2,739 | -€5,684 | -67.5% |
| Recurring financial income | 75 | €8,423 | €2,739 | -€5,684 | -67.5% |
| Financial charges | 65/66B | €1,372 | €470 | -€902 | -65.7% |
| Recurring financial charges | 65 | €1,372 | €470 | -€902 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €86,344 | €91,535 | +€5,191 | +6.0% |
| Transfer from deferred taxes | 780 | €38,698 | - | -€38,698 | |
| Income taxes | 67/77 | €57,785 | €30,216 | -€27,569 | -47.7% |
| Profit (loss) for the period | 9904 | €67,257 | €61,319 | -€5,938 | -8.8% |
| Transfer from tax-exempt reserves | 789 | €57,058 | - | -€57,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €124,315 | €61,319 | -€62,996 | -50.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.