Cambo: 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.
Cambo
Largest movements
- Tangible fixed assets -€71,202
down €71,202 (-39.3%), from €181,121 to €109,919
- Receivables within one year +€59,500
up €59,500 (+15.2%), from €391,244 to €450,744
- Cash -€7,220
down €7,220 (-16.9%), from €42,715 to €35,495
mainly Receivables within one year (-€59,500) and Provisions (-€20,000)
- Provisions -€20,000
down €20,000 (-100.0%), from €20,000 to €0
of which Provisions for liabilities and charges: -€20,000
- Gross operating margin -€49,986
down €49,986 (-42.4%), from €118,001 to €68,015
- Provisions -€20,000
new in 2025: -€20,000
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 | €617,620 | €598,730 | -€18,890 | -3.1% |
| Fixed assets | 21/28 | €181,121 | €109,919 | -€71,202 | -39.3% |
| Tangible fixed assets | 22/27 | €181,121 | €109,919 | -€71,202 | -39.3% |
| Land and buildings | 22 | €181,121 | €109,919 | -€71,202 | -39.3% |
| Current assets | 29/58 | €436,499 | €488,811 | +€52,312 | +12.0% |
| Amounts receivable within one year | 40/41 | €391,244 | €450,744 | +€59,500 | +15.2% |
| Other amounts receivable | 41 | €391,244 | €450,744 | +€59,500 | +15.2% |
| Cash at bank and in hand | 54/58 | €42,715 | €35,495 | -€7,220 | -16.9% |
| Deferred charges and accrued income | 490/1 | €2,540 | €2,573 | +€32 | +1.3% |
| Total equity and liabilities | 10/49 | €617,620 | €598,730 | -€18,890 | -3.1% |
| Equity | 10/15 | €326,061 | €327,171 | +€1,110 | +0.3% |
| Contributions | 10/11 | €290,100 | €290,100 | = | 0.0% |
| Capital | 10 | €290,100 | €290,100 | = | 0.0% |
| Issued capital | 100 | €290,100 | €290,100 | = | 0.0% |
| Reserves | 13 | €188,472 | €188,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,010 | €29,010 | = | 0.0% |
| Legal reserve | 130 | €29,010 | €29,010 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,747 | €29,747 | = | 0.0% |
| Distributable reserves | 133 | €129,715 | €129,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,512 | -€151,402 | +€1,110 | +0.7% |
| Provisions and deferred taxes | 16 | €20,000 | €0 | -€20,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €0 | -€20,000 | -100.0% |
| Major repairs and maintenance | 162 | €20,000 | €0 | -€20,000 | -100.0% |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €271,559 | €271,559 | = | 0.0% |
| Amounts payable within one year | 42/48 | €271,559 | €271,559 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €271,559 | €271,559 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,202 | €71,202 | -€0 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€20,000 | -€20,000 | |
| Other operating charges | 640/8 | €14,986 | €15,673 | +€687 | +4.6% |
| Gross operating margin | 9900 | €118,001 | €68,015 | -€49,986 | -42.4% |
| Operating profit (loss) | 9901 | €31,813 | €1,140 | -€30,673 | -96.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €31,786 | €1,110 | -€30,676 | -96.5% |
| Transfer from deferred taxes | 780 | €3,417 | €0 | -€3,417 | -100.0% |
| Profit (loss) for the period | 9904 | €35,204 | €1,110 | -€34,093 | -96.8% |
| Transfer from tax-exempt reserves | 789 | €10,252 | €0 | -€10,252 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,456 | €1,110 | -€44,345 | -97.6% |
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 10 October 2026 via checked.be.