CAMCO: 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.
CAMCO
Largest movements
- Cash +€243,153
up €243,153 (+407428.2%), from €60 to €243,213
mainly Advances received (+€172,556) and Tax, wage and social debts (+€104,065)
- Receivables within one year +€35,588
up €35,588 (+14.8%), from €240,106 to €275,694
of which Trade receivables: +€24,083
- Tangible fixed assets -€26,676
down €26,676 (-20.9%), from €127,939 to €101,263
of which Furniture and vehicles: -€27,353
- Advances received +€172,556
new in 2024: €172,556
- Tax, wage and social debts +€104,065
up €104,065 (+87.7%), from €118,624 to €222,689
of which Remuneration and social security: +€101,471
- Trade debts -€39,349
down €39,349 (-21.3%), from €184,571 to €145,222
- Other debts +€16,774
up €16,774 (+42.9%), from €39,098 to €55,873
- Gross operating margin +€544,359
up €544,359 (+44.2%), from €1.2m to €1.8m
- Staff costs +€544,055
up €544,055 (+45.3%), from €1.2m to €1.7m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €373,773 | €624,295 | +€250,523 | +67.0% |
| Fixed assets | 21/28 | €132,064 | €105,388 | -€26,676 | -20.2% |
| Tangible fixed assets | 22/27 | €127,939 | €101,263 | -€26,676 | -20.9% |
| Plant, machinery and equipment | 23 | €2,268 | €2,945 | +€677 | +29.9% |
| Furniture and vehicles | 24 | €125,672 | €98,319 | -€27,353 | -21.8% |
| Financial fixed assets | 28 | €4,125 | €4,125 | = | 0.0% |
| Current assets | 29/58 | €241,708 | €518,907 | +€277,199 | +114.7% |
| Amounts receivable within one year | 40/41 | €240,106 | €275,694 | +€35,588 | +14.8% |
| Trade receivables | 40 | €200,476 | €224,559 | +€24,083 | +12.0% |
| Other amounts receivable | 41 | €39,630 | €51,135 | +€11,506 | +29.0% |
| Cash at bank and in hand | 54/58 | €60 | €243,213 | +€243,153 | +407428.2% |
| Deferred charges and accrued income | 490/1 | €1,543 | - | -€1,543 | |
| Total equity and liabilities | 10/49 | €373,773 | €624,295 | +€250,523 | +67.0% |
| Equity | 10/15 | €30,792 | €27,956 | -€2,836 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,898 | €144,898 | = | 0.0% |
| Distributable reserves | 133 | €144,898 | €144,898 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,706 | -€135,542 | -€2,836 | -2.1% |
| Amounts payable | 17/49 | €342,981 | €596,339 | +€253,358 | +73.9% |
| Amounts payable within one year | 42/48 | €342,293 | €596,339 | +€254,046 | +74.2% |
| Trade debts | 44 | €184,571 | €145,222 | -€39,349 | -21.3% |
| Suppliers | 440/4 | €184,571 | €145,222 | -€39,349 | -21.3% |
| Advances received on contracts in progress | 46 | - | €172,556 | +€172,556 | |
| Taxes, remuneration and social security | 45 | €118,624 | €222,689 | +€104,065 | +87.7% |
| Taxes | 450/3 | €37 | €2,631 | +€2,594 | +6978.9% |
| Remuneration and social security | 454/9 | €118,587 | €220,058 | +€101,471 | +85.6% |
| Other amounts payable | 47/48 | €39,098 | €55,873 | +€16,774 | +42.9% |
| Accrued charges and deferred income | 492/3 | €688 | - | -€688 | |
| Non-recurring operating income | 76A | - | €10,308 | +€10,308 | |
| Remuneration, social security and pensions | 62 | €1,201,522 | €1,745,577 | +€544,055 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,275 | €25,223 | -€16,052 | -38.9% |
| Other operating charges | 640/8 | €17,731 | €7,831 | -€9,900 | -55.8% |
| Non-recurring operating charges | 66A | €181,023 | - | -€181,023 | |
| Gross operating margin | 9900 | €1,232,005 | €1,776,363 | +€544,359 | +44.2% |
| Operating profit (loss) | 9901 | -€209,546 | -€2,267 | +€207,279 | +98.9% |
| Financial income | 75/76B | - | €180 | +€180 | |
| Recurring financial income | 75 | - | €180 | +€180 | |
| Financial charges | 65/66B | €720 | €749 | +€29 | +4.0% |
| Recurring financial charges | 65 | €720 | €749 | +€29 | +4.0% |
| Non-recurring financial charges | 66B | €720 | - | -€720 | |
| Profit (loss) for the period before taxes | 9903 | -€210,266 | -€2,836 | +€207,430 | +98.7% |
| Income taxes | 67/77 | €370 | - | -€370 | |
| Profit (loss) for the period | 9904 | -€210,636 | -€2,836 | +€207,801 | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€210,636 | -€2,836 | +€207,801 | +98.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.