CAMAROVA: 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.
CAMAROVA
Largest movements
- Receivables within one year +€7,680
up €7,680 (+48.3%), from €15,885 to €23,565
of which Trade receivables: +€7,680
- Cash -€3,657
down €3,657 (-56.0%), from €6,525 to €2,868
mainly Net result for the year (-€10,294) and Receivables within one year (-€7,680)
- Stocks and contracts +€630
up €630 (+12.0%), from €5,261 to €5,891
- Trade debts +€13,182
up €13,182 (+86.3%), from €15,282 to €28,465
- Profit (loss) carried forward -€10,294
down €10,294 (-18.3%), from -€56,226 to -€66,520
- Other debts +€2,893
up €2,893 (+181%), from €1,600 to €4,493
- Tax, wage and social debts -€2,007
down €2,007 (-5.3%), from €37,723 to €35,716
of which Remuneration and social security: -€1,570
- Short-term financial debts +€689
up €689 (+22.7%), from €3,029 to €3,719
- Gross operating margin -€28,474
down €28,474 (-56.3%), from €50,570 to €22,095
- Staff costs -€8,861
down €8,861 (-27.0%), from €32,845 to €23,983
- Financial charges +€2,830
up €2,830 (+57.0%), from €4,962 to €7,791
- Other operating charges -€1,502
down €1,502 (-83.9%), from €1,790 to €288
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 | €28,837 | €33,301 | +€4,464 | +15.5% |
| Fixed assets | 21/28 | €1,166 | €977 | -€189 | -16.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €676 | €487 | -€189 | -28.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €676 | €258 | -€418 | -61.9% |
| Furniture and vehicles | 24 | €0 | €229 | +€229 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €27,670 | €32,324 | +€4,653 | +16.8% |
| Stocks and contracts in progress | 3 | €5,261 | €5,891 | +€630 | +12.0% |
| Stocks | 30/36 | €5,261 | €5,891 | +€630 | +12.0% |
| Amounts receivable within one year | 40/41 | €15,885 | €23,565 | +€7,680 | +48.3% |
| Trade receivables | 40 | €15,885 | €23,565 | +€7,680 | +48.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,525 | €2,868 | -€3,657 | -56.0% |
| Total equity and liabilities | 10/49 | €28,837 | €33,301 | +€4,464 | +15.5% |
| Equity | 10/15 | -€28,798 | -€39,091 | -€10,294 | -35.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,837 | €8,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,837 | €8,837 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €6,977 | €6,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,226 | -€66,520 | -€10,294 | -18.3% |
| Amounts payable | 17/49 | €57,635 | €72,392 | +€14,758 | +25.6% |
| Amounts payable within one year | 42/48 | €57,635 | €72,392 | +€14,758 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €3,029 | €3,719 | +€689 | +22.7% |
| Credit institutions | 430/8 | €3,029 | €3,719 | +€689 | +22.7% |
| Trade debts | 44 | €15,282 | €28,465 | +€13,182 | +86.3% |
| Suppliers | 440/4 | €15,282 | €28,465 | +€13,182 | +86.3% |
| Taxes, remuneration and social security | 45 | €37,723 | €35,716 | -€2,007 | -5.3% |
| Taxes | 450/3 | €15,363 | €14,926 | -€437 | -2.8% |
| Remuneration and social security | 454/9 | €22,360 | €20,789 | -€1,570 | -7.0% |
| Other amounts payable | 47/48 | €1,600 | €4,493 | +€2,893 | +181% |
| Remuneration, social security and pensions | 62 | €32,845 | €23,983 | -€8,861 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418 | €487 | +€68 | +16.4% |
| Other operating charges | 640/8 | €1,790 | €288 | -€1,502 | -83.9% |
| Gross operating margin | 9900 | €50,570 | €22,095 | -€28,474 | -56.3% |
| Operating profit (loss) | 9901 | €15,517 | -€2,662 | -€18,179 | |
| Financial income | 75/76B | €114 | €160 | +€46 | +40.2% |
| Recurring financial income | 75 | €114 | €160 | +€46 | +40.2% |
| Financial charges | 65/66B | €4,962 | €7,791 | +€2,830 | +57.0% |
| Recurring financial charges | 65 | €4,962 | €7,791 | +€2,830 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | €10,669 | -€10,294 | -€20,963 | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €10,669 | -€10,294 | -€20,963 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,669 | -€10,294 | -€20,963 |
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 19 October 2026 via checked.be.