CAMBIO: 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.
CAMBIO
Largest movements
- Cash -€788
down €788 (-36.7%), from €2,149 to €1,361
mainly Net result for the year (-€788)
- Profit (loss) carried forward -€788
down €788 (-1.1%), from -€69,835 to -€70,623
- Gross operating margin -€43
down €43 (-6.4%), from -€667 to -€710
- Financial charges +€9
up €9 (+13.0%), from €69 to €78
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,130 | €2,342 | -€788 | -25.2% |
| Current assets | 29/58 | €3,130 | €2,342 | -€788 | -25.2% |
| Amounts receivable within one year | 40/41 | €981 | €981 | = | 0.0% |
| Other amounts receivable | 41 | €981 | €981 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,149 | €1,361 | -€788 | -36.7% |
| Total equity and liabilities | 10/49 | €3,130 | €2,342 | -€788 | -25.2% |
| Equity | 10/15 | -€51,243 | -€52,031 | -€788 | -1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,835 | -€70,623 | -€788 | -1.1% |
| Amounts payable | 17/49 | €54,373 | €54,373 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,373 | €54,373 | = | 0.0% |
| Financial debts | 43 | €54,206 | €54,206 | = | 0.0% |
| Other loans | 439 | €54,206 | €54,206 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €167 | €167 | = | 0.0% |
| Taxes | 450/3 | €167 | €167 | = | 0.0% |
| Gross operating margin | 9900 | -€667 | -€710 | -€43 | -6.4% |
| Operating profit (loss) | 9901 | -€667 | -€710 | -€43 | -6.4% |
| Financial charges | 65/66B | €69 | €78 | +€9 | +13.0% |
| Recurring financial charges | 65 | €69 | €78 | +€9 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | -€736 | -€788 | -€52 | -7.1% |
| Profit (loss) for the period | 9904 | -€736 | -€788 | -€52 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€736 | -€788 | -€52 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.