CAMAR: 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.
CAMAR
Largest movements
- Receivables within one year -€106,023
down €106,023 (-18.4%), from €575,031 to €469,009
of which Other amounts receivable: -€75,635
- Deferred charges and accrued income +€25,267
up €25,267 (+405.9%), from €6,224 to €31,491
- Debts after one year -€120,000
down €120,000 (-25.0%), from €480,000 to €360,000
- Profit (loss) carried forward +€50,780
up €50,780 (+4.3%), from -€1.2m to -€1.1m
- Financial income +€47,497
up €47,497 (+763.1%), from €6,225 to €53,721
- Financial charges -€11,585
down €11,585 (-63.0%), from €18,384 to €6,799
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 | €2,186,289 | €2,105,556 | -€80,733 | -3.7% |
| Fixed assets | 21/28 | €1,605,000 | €1,605,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,605,000 | €1,605,000 | = | 0.0% |
| Land and buildings | 22 | €1,605,000 | €1,605,000 | = | 0.0% |
| Current assets | 29/58 | €581,289 | €500,556 | -€80,733 | -13.9% |
| Amounts receivable within one year | 40/41 | €575,031 | €469,009 | -€106,023 | -18.4% |
| Trade receivables | 40 | €30,388 | €0 | -€30,388 | -100.0% |
| Other amounts receivable | 41 | €544,643 | €469,009 | -€75,635 | -13.9% |
| Cash at bank and in hand | 54/58 | €34 | €56 | +€22 | +65.4% |
| Deferred charges and accrued income | 490/1 | €6,224 | €31,491 | +€25,267 | +405.9% |
| Total equity and liabilities | 10/49 | €2,186,289 | €2,105,556 | -€80,733 | -3.7% |
| Equity | 10/15 | €1,086,277 | €1,137,058 | +€50,780 | +4.7% |
| Contributions | 10/11 | €2,262,000 | €2,262,000 | = | 0.0% |
| Capital | 10 | €2,262,000 | €2,262,000 | = | 0.0% |
| Issued capital | 100 | €2,262,000 | €2,262,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,181,923 | -€1,131,143 | +€50,780 | +4.3% |
| Amounts payable | 17/49 | €1,100,012 | €968,499 | -€131,513 | -12.0% |
| Amounts payable after more than one year | 17 | €480,000 | €360,000 | -€120,000 | -25.0% |
| Financial debts | 170/4 | €480,000 | €360,000 | -€120,000 | -25.0% |
| Amounts payable within one year | 42/48 | €620,012 | €608,499 | -€11,513 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €1,094 | €3,635 | +€2,541 | +232.4% |
| Suppliers | 440/4 | €1,094 | €3,635 | +€2,541 | +232.4% |
| Other amounts payable | 47/48 | €498,918 | €484,864 | -€14,055 | -2.8% |
| Other operating charges | 640/8 | €3,662 | €3,639 | -€23 | -0.6% |
| Gross operating margin | 9900 | €7,478 | €7,496 | +€19 | +0.2% |
| Operating profit (loss) | 9901 | €3,816 | €3,857 | +€41 | +1.1% |
| Financial income | 75/76B | €6,225 | €53,721 | +€47,497 | +763.1% |
| Recurring financial income | 75 | €6,225 | €53,721 | +€47,497 | +763.1% |
| Financial charges | 65/66B | €18,384 | €6,799 | -€11,585 | -63.0% |
| Recurring financial charges | 65 | €18,384 | €6,799 | -€11,585 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,343 | €50,780 | +€59,123 | |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | -€8,343 | €50,780 | +€59,123 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,343 | €50,780 | +€59,123 |
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 10 October 2026 via checked.be.