CAMAT: 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.
CAMAT
Largest movements
- Tangible fixed assets +€121,248
up €121,248 (+23.1%), from €525,545 to €646,793
of which Land and buildings: +€107,541
- Receivables within one year +€16,402
up €16,402 (+20.4%), from €80,303 to €96,705
of which Trade receivables: +€14,299
- Cash -€14,853
down €14,853 (-4.9%), from €303,984 to €289,131
mainly Contributions, distributions and other (-€799,332) and Investment in fixed assets (net) (-€142,100)
- Other debts +€118,992
up €118,992 (+14.1%), from €846,520 to €965,512
- Gross operating margin +€416,610
up €416,610 (+62.5%), from €666,888 to €1.1m
- Taxes +€100,992
up €100,992 (+62.6%), from €161,348 to €262,340
- Financial income -€35,837
no longer reported in 2025 (was €35,837)
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 | €916,111 | €1,038,968 | +€122,856 | +13.4% |
| Fixed assets | 21/28 | €525,545 | €646,793 | +€121,248 | +23.1% |
| Tangible fixed assets | 22/27 | €525,545 | €646,793 | +€121,248 | +23.1% |
| Land and buildings | 22 | €493,731 | €601,272 | +€107,541 | +21.8% |
| Plant, machinery and equipment | 23 | €31,814 | €32,989 | +€1,175 | +3.7% |
| Furniture and vehicles | 24 | - | €12,532 | +€12,532 | |
| Current assets | 29/58 | €390,566 | €392,174 | +€1,609 | +0.4% |
| Amounts receivable within one year | 40/41 | €80,303 | €96,705 | +€16,402 | +20.4% |
| Trade receivables | 40 | €80,303 | €94,601 | +€14,299 | +17.8% |
| Other amounts receivable | 41 | - | €2,103 | +€2,103 | |
| Cash at bank and in hand | 54/58 | €303,984 | €289,131 | -€14,853 | -4.9% |
| Deferred charges and accrued income | 490/1 | €6,279 | €6,338 | +€59 | +0.9% |
| Total equity and liabilities | 10/49 | €916,111 | €1,038,968 | +€122,856 | +13.4% |
| Equity | 10/15 | €24,844 | €24,844 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,244 | €6,244 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,244 | €6,244 | = | 0.0% |
| Amounts payable | 17/49 | €891,267 | €1,014,123 | +€122,856 | +13.8% |
| Amounts payable within one year | 42/48 | €891,267 | €1,014,123 | +€122,856 | +13.8% |
| Trade debts | 44 | €6,740 | €3,047 | -€3,693 | -54.8% |
| Suppliers | 440/4 | €6,740 | €3,047 | -€3,693 | -54.8% |
| Taxes, remuneration and social security | 45 | €38,007 | €45,564 | +€7,557 | +19.9% |
| Taxes | 450/3 | €38,007 | €45,564 | +€7,557 | +19.9% |
| Other amounts payable | 47/48 | €846,520 | €965,512 | +€118,992 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,345 | €20,852 | +€8,507 | +68.9% |
| Other operating charges | 640/8 | €451 | €584 | +€133 | +29.5% |
| Gross operating margin | 9900 | €666,888 | €1,083,498 | +€416,610 | +62.5% |
| Operating profit (loss) | 9901 | €654,091 | €1,062,062 | +€407,971 | +62.4% |
| Financial income | 75/76B | €35,837 | - | -€35,837 | |
| Recurring financial income | 75 | €35,837 | - | -€35,837 | |
| Financial charges | 65/66B | €57 | €389 | +€332 | +583.2% |
| Recurring financial charges | 65 | €57 | €389 | +€332 | +583.2% |
| Profit (loss) for the period before taxes | 9903 | €689,871 | €1,061,673 | +€371,801 | +53.9% |
| Income taxes | 67/77 | €161,348 | €262,340 | +€100,992 | +62.6% |
| Profit (loss) for the period | 9904 | €528,523 | €799,332 | +€270,809 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €528,523 | €799,332 | +€270,809 | +51.2% |
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 1 October 2026 via checked.be.