CAMAU: 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.
CAMAU
Largest movements
- Tangible fixed assets +€54,132
up €54,132 (+432%), from €12,530 to €66,662
of which Furniture and vehicles: +€54,748
- Receivables within one year -€46,671
down €46,671 (-35.4%), from €131,807 to €85,136
of which Other amounts receivable: -€53,472
- Current investments +€10,150
new in 2025: €10,150
- Stocks and contracts -€4,573
down €4,573 (-78.3%), from €5,838 to €1,265
- Debts after one year +€29,676
new in 2025: €29,676
- Reserves -€27,147
down €27,147 (-12.9%), from €210,017 to €182,870
- Tax, wage and social debts +€6,176
up €6,176 (+13,527%), from €46 to €6,222
- Current portion of long-term debt +€4,231
up €4,231 (+79.7%), from €5,311 to €9,542
- Depreciation +€2,777
up €2,777 (+22.5%), from €12,360 to €15,136
- Gross operating margin +€2,760
up €2,760 (+4.9%), from €56,322 to €59,082
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 | €267,220 | €278,510 | +€11,290 | +4.2% |
| Fixed assets | 21/28 | €12,530 | €66,662 | +€54,132 | +432% |
| Tangible fixed assets | 22/27 | €12,530 | €66,662 | +€54,132 | +432% |
| Plant, machinery and equipment | 23 | €616 | - | -€616 | |
| Furniture and vehicles | 24 | €11,914 | €66,662 | +€54,748 | +460% |
| Current assets | 29/58 | €254,690 | €211,849 | -€42,842 | -16.8% |
| Stocks and contracts in progress | 3 | €5,838 | €1,265 | -€4,573 | -78.3% |
| Stocks | 30/36 | €5,838 | €1,265 | -€4,573 | -78.3% |
| Amounts receivable within one year | 40/41 | €131,807 | €85,136 | -€46,671 | -35.4% |
| Trade receivables | 40 | €67,262 | €74,062 | +€6,800 | +10.1% |
| Other amounts receivable | 41 | €64,545 | €11,074 | -€53,472 | -82.8% |
| Current investments | 50/53 | - | €10,150 | +€10,150 | |
| Cash at bank and in hand | 54/58 | €116,383 | €115,298 | -€1,085 | -0.9% |
| Deferred charges and accrued income | 490/1 | €662 | - | -€662 | |
| Total equity and liabilities | 10/49 | €267,220 | €278,510 | +€11,290 | +4.2% |
| Equity | 10/15 | €251,524 | €224,380 | -€27,144 | -10.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,017 | €182,870 | -€27,147 | -12.9% |
| Distributable reserves | 133 | €210,017 | €182,870 | -€27,147 | -12.9% |
| Profit (loss) carried forward | 14 | €29,107 | €29,110 | +€4 | 0.0% |
| Amounts payable | 17/49 | €15,696 | €54,130 | +€38,434 | +245% |
| Amounts payable after more than one year | 17 | - | €29,676 | +€29,676 | |
| Financial debts | 170/4 | - | €29,676 | +€29,676 | |
| Amounts payable within one year | 42/48 | €15,696 | €24,453 | +€8,757 | +55.8% |
| Current portion of amounts payable after more than one year | 42 | €5,311 | €9,542 | +€4,231 | +79.7% |
| Trade debts | 44 | €7,154 | €7,014 | -€140 | -2.0% |
| Suppliers | 440/4 | €7,154 | €7,014 | -€140 | -2.0% |
| Advances received on contracts in progress | 46 | - | €726 | +€726 | |
| Taxes, remuneration and social security | 45 | €46 | €6,222 | +€6,176 | +13,527% |
| Taxes | 450/3 | €46 | €6,222 | +€6,176 | +13,527% |
| Other amounts payable | 47/48 | €3,186 | €949 | -€2,236 | -70.2% |
| Remuneration, social security and pensions | 62 | €132 | €50 | -€82 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,360 | €15,136 | +€2,777 | +22.5% |
| Other operating charges | 640/8 | €831 | €1,200 | +€369 | +44.4% |
| Gross operating margin | 9900 | €56,322 | €59,082 | +€2,760 | +4.9% |
| Operating profit (loss) | 9901 | €43,000 | €42,695 | -€304 | -0.7% |
| Financial income | 75/76B | €1 | €300 | +€299 | +29,930% |
| Recurring financial income | 75 | €1 | €300 | +€299 | +29,930% |
| Financial charges | 65/66B | €2,647 | €2,084 | -€564 | -21.3% |
| Recurring financial charges | 65 | €2,647 | €2,084 | -€564 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €40,353 | €40,912 | +€559 | +1.4% |
| Income taxes | 67/77 | €12,012 | €12,288 | +€277 | +2.3% |
| Profit (loss) for the period | 9904 | €28,342 | €28,624 | +€282 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,342 | €28,624 | +€282 | +1.0% |
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 14 October 2026 via checked.be.