CAMARGUE: 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.
CAMARGUE
Largest movements
- Receivables within one year -€225,591
down €225,591 (-54.0%), from €417,604 to €192,013
of which Trade receivables: -€193,777
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€170,120
up €170,120 (+147%), from €115,810 to €285,930
mainly Receivables within one year (+€225,591) and Depreciation (+€201,321)
- Stocks and contracts +€152,045
up €152,045 (+41.5%), from €366,106 to €518,151
- Tangible fixed assets -€142,345
down €142,345 (-7.9%), from €1.8m to €1.7m
of which Plant, machinery and equipment: -€76,202
- Reserves -€224,008
down €224,008 (-55.9%), from €400,832 to €176,824
of which Distributable reserves: -€224,008
- Debts after one year -€145,493
down €145,493 (-7.6%), from €1.9m to €1.8m
of which Financial debts: -€159,071
- Trade debts +€100,060
up €100,060 (+60.2%), from €166,327 to €266,386
- Gross operating margin -€209,133
down €209,133 (-17.7%), from €1.2m to €970,669
- Financial charges +€40,562
up €40,562 (+61.8%), from €65,632 to €106,194
- Financial income +€15,472
up €15,472 (+58.8%), from €26,309 to €41,781
of which Financial income: +€15,472
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 | €2,924,965 | €2,663,969 | -€260,996 | -8.9% |
| Fixed assets | 21/28 | €1,795,953 | €1,654,930 | -€141,023 | -7.9% |
| Intangible fixed assets | 21 | - | €1,322 | +€1,322 | |
| Tangible fixed assets | 22/27 | €1,795,373 | €1,653,028 | -€142,345 | -7.9% |
| Land and buildings | 22 | €1,465,171 | €1,414,728 | -€50,443 | -3.4% |
| Plant, machinery and equipment | 23 | €281,820 | €205,619 | -€76,202 | -27.0% |
| Furniture and vehicles | 24 | €48,382 | €32,681 | -€15,700 | -32.5% |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €1,129,013 | €1,009,039 | -€119,974 | -10.6% |
| Stocks and contracts in progress | 3 | €366,106 | €518,151 | +€152,045 | +41.5% |
| Stocks | 30/36 | €366,106 | €518,151 | +€152,045 | +41.5% |
| Amounts receivable within one year | 40/41 | €417,604 | €192,013 | -€225,591 | -54.0% |
| Trade receivables | 40 | €379,134 | €185,357 | -€193,777 | -51.1% |
| Other amounts receivable | 41 | €38,469 | €6,656 | -€31,814 | -82.7% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €115,810 | €285,930 | +€170,120 | +147% |
| Deferred charges and accrued income | 490/1 | €29,492 | €12,945 | -€16,547 | -56.1% |
| Total equity and liabilities | 10/49 | €2,924,965 | €2,663,969 | -€260,996 | -8.9% |
| Equity | 10/15 | €569,293 | €345,285 | -€224,008 | -39.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €18,461 | €18,461 | = | 0.0% |
| Reserves | 13 | €400,832 | €176,824 | -€224,008 | -55.9% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €385,832 | €161,824 | -€224,008 | -58.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,355,673 | €2,318,684 | -€36,989 | -1.6% |
| Amounts payable after more than one year | 17 | €1,905,976 | €1,760,483 | -€145,493 | -7.6% |
| Financial debts | 170/4 | €933,466 | €774,396 | -€159,071 | -17.0% |
| Other amounts payable | 178/9 | €972,510 | €986,087 | +€13,577 | +1.4% |
| Amounts payable within one year | 42/48 | €449,697 | €544,848 | +€95,152 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €175,690 | €188,938 | +€13,248 | +7.5% |
| Trade debts | 44 | €166,327 | €266,386 | +€100,060 | +60.2% |
| Suppliers | 440/4 | €166,327 | €266,386 | +€100,060 | +60.2% |
| Taxes, remuneration and social security | 45 | €99,680 | €89,524 | -€10,156 | -10.2% |
| Taxes | 450/3 | €2,418 | €0 | -€2,418 | -100% |
| Remuneration and social security | 454/9 | €97,262 | €89,524 | -€7,738 | -8.0% |
| Other amounts payable | 47/48 | €8,000 | €0 | -€8,000 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €13,353 | +€13,353 | |
| Remuneration, social security and pensions | 62 | €890,218 | €895,961 | +€5,743 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,869 | €201,321 | -€547 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €37,042 | €32,217 | -€4,826 | -13.0% |
| Gross operating margin | 9900 | €1,179,802 | €970,669 | -€209,133 | -17.7% |
| Operating profit (loss) | 9901 | €50,673 | -€158,830 | -€209,504 | |
| Financial income | 75/76B | €26,309 | €41,781 | +€15,472 | +58.8% |
| Recurring financial income | 75 | €26,309 | €41,781 | +€15,472 | +58.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €65,632 | €106,194 | +€40,562 | +61.8% |
| Recurring financial charges | 65 | €65,632 | €106,194 | +€40,562 | +61.8% |
| Profit (loss) for the period before taxes | 9903 | €11,350 | -€223,244 | -€234,594 | |
| Income taxes | 67/77 | €2,546 | €764 | -€1,782 | -70.0% |
| Profit (loss) for the period | 9904 | €8,804 | -€224,008 | -€232,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,804 | -€224,008 | -€232,812 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.