CAMARO: 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.
CAMARO
Largest movements
- Cash +€3,900
up €3,900 (+9.8%), from €39,886 to €43,787
mainly Depreciation (+€12,498) and Other debts (+€7,000)
- Deferred charges and accrued income -€2,185
down €2,185 (-30.8%), from €7,100 to €4,915
- Other debts +€7,000
up €7,000 (+82.4%), from €8,500 to €15,500
- Trade debts -€5,650
down €5,650 (-18.4%), from €30,654 to €25,004
- Tax, wage and social debts +€4,445
up €4,445 (+14.2%), from €31,286 to €35,731
of which Remuneration and social security: +€6,647
- Debts after one year -€4,289
down €4,289 (-35.0%), from €12,239 to €7,950
- Gross operating margin -€32,487
down €32,487 (-21.4%), from €151,548 to €119,061
- Staff costs -€30,945
down €30,945 (-23.2%), from €133,265 to €102,321
- Depreciation +€3,956
up €3,956 (+46.3%), from €8,542 to €12,498
- Taxes -€1,655
down €1,655, from €1,650 to -€4
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 | €96,680 | €98,602 | +€1,922 | +2.0% |
| Formation expenses | 20 | €259 | €33 | -€226 | -87.1% |
| Fixed assets | 21/28 | €34,077 | €34,502 | +€425 | +1.2% |
| Tangible fixed assets | 22/27 | €33,207 | €33,632 | +€425 | +1.3% |
| Plant, machinery and equipment | 23 | €7,936 | €9,681 | +€1,745 | +22.0% |
| Furniture and vehicles | 24 | €25,271 | €23,951 | -€1,320 | -5.2% |
| Financial fixed assets | 28 | €870 | €870 | = | 0.0% |
| Current assets | 29/58 | €62,344 | €64,067 | +€1,722 | +2.8% |
| Stocks and contracts in progress | 3 | €15,038 | €14,248 | -€790 | -5.3% |
| Stocks | 30/36 | €15,038 | €14,248 | -€790 | -5.3% |
| Amounts receivable within one year | 40/41 | €320 | €1,117 | +€797 | +249.5% |
| Trade receivables | 40 | - | €680 | +€680 | |
| Other amounts receivable | 41 | €320 | €437 | +€117 | +36.6% |
| Cash at bank and in hand | 54/58 | €39,886 | €43,787 | +€3,900 | +9.8% |
| Deferred charges and accrued income | 490/1 | €7,100 | €4,915 | -€2,185 | -30.8% |
| Total equity and liabilities | 10/49 | €96,680 | €98,602 | +€1,922 | +2.0% |
| Equity | 10/15 | €9,367 | €10,128 | +€761 | +8.1% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,167 | €8,928 | +€761 | +9.3% |
| Amounts payable | 17/49 | €87,313 | €88,474 | +€1,161 | +1.3% |
| Amounts payable after more than one year | 17 | €12,239 | €7,950 | -€4,289 | -35.0% |
| Financial debts | 170/4 | €12,239 | €7,950 | -€4,289 | -35.0% |
| Amounts payable within one year | 42/48 | €75,074 | €80,524 | +€5,450 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €4,634 | €4,289 | -€345 | -7.4% |
| Trade debts | 44 | €30,654 | €25,004 | -€5,650 | -18.4% |
| Suppliers | 440/4 | €30,654 | €25,004 | -€5,650 | -18.4% |
| Taxes, remuneration and social security | 45 | €31,286 | €35,731 | +€4,445 | +14.2% |
| Taxes | 450/3 | €3,308 | €1,106 | -€2,202 | -66.6% |
| Remuneration and social security | 454/9 | €27,978 | €34,625 | +€6,647 | +23.8% |
| Other amounts payable | 47/48 | €8,500 | €15,500 | +€7,000 | +82.4% |
| Remuneration, social security and pensions | 62 | €133,265 | €102,321 | -€30,945 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,542 | €12,498 | +€3,956 | +46.3% |
| Other operating charges | 640/8 | €779 | €691 | -€89 | -11.4% |
| Gross operating margin | 9900 | €151,548 | €119,061 | -€32,487 | -21.4% |
| Operating profit (loss) | 9901 | €8,962 | €3,552 | -€5,410 | -60.4% |
| Financial income | 75/76B | €96 | €103 | +€7 | +7.0% |
| Recurring financial income | 75 | €96 | €103 | +€7 | +7.0% |
| Financial charges | 65/66B | €2,888 | €2,899 | +€11 | +0.4% |
| Recurring financial charges | 65 | €2,888 | €2,899 | +€11 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €6,170 | €756 | -€5,414 | -87.7% |
| Income taxes | 67/77 | €1,650 | -€4 | -€1,655 | |
| Profit (loss) for the period | 9904 | €4,520 | €761 | -€3,759 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,520 | €761 | -€3,759 | -83.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.