Camco Consulting: 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.
Camco Consulting
Largest movements
- Receivables after one year +€265,902
up €265,902 (+38.0%), from €700,027 to €965,929
- Cash -€57,847
down €57,847 (-26.4%), from €219,320 to €161,473
mainly Receivables after one year (-€265,902) and Tax, wage and social debts (-€68,161)
- Current investments +€51,824
up €51,824 (+9.6%), from €537,315 to €589,139
- Tangible fixed assets -€49,315
down €49,315 (-6.9%), from €711,781 to €662,467
of which Furniture and vehicles: -€38,342
- Deferred charges and accrued income +€27,781
up €27,781 (+155%), from €17,871 to €45,652
- Reserves +€324,028
up €324,028 (+20.2%), from €1.6m to €1.9m
of which Tax-exempt reserves: +€252,600
- Tax, wage and social debts -€68,161
down €68,161 (-78.6%), from €86,759 to €18,598
- Current portion of long-term debt -€50,000
down €50,000 (-100%), from €50,000 to €0
- Other debts +€26,749
up €26,749 (+6.3%), from €427,559 to €454,308
- Gross operating margin -€88,565
down €88,565 (-14.8%), from €597,179 to €508,614
- Taxes -€39,261
down €39,261 (-23.0%), from €170,891 to €131,630
- Financial income +€31,042
up €31,042 (+85.0%), from €36,513 to €67,555
- Depreciation +€24,066
up €24,066 (+35.3%), from €68,108 to €92,174
- Financial charges +€17,666
up €17,666 (+284%), from €6,230 to €23,896
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 | €2,186,664 | €2,442,617 | +€255,953 | +11.7% |
| Fixed assets | 21/28 | €711,881 | €662,567 | -€49,315 | -6.9% |
| Tangible fixed assets | 22/27 | €711,781 | €662,467 | -€49,315 | -6.9% |
| Land and buildings | 22 | €10,348 | €10,069 | -€279 | -2.7% |
| Plant, machinery and equipment | 23 | €6,953 | €23,820 | +€16,866 | +243% |
| Furniture and vehicles | 24 | €178,415 | €140,073 | -€38,342 | -21.5% |
| Other tangible fixed assets | 26 | €516,065 | €488,505 | -€27,560 | -5.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €1,474,783 | €1,780,050 | +€305,267 | +20.7% |
| Amounts receivable after more than one year | 29 | €700,027 | €965,929 | +€265,902 | +38.0% |
| Other amounts receivable | 291 | €700,027 | €965,929 | +€265,902 | +38.0% |
| Amounts receivable within one year | 40/41 | €250 | €17,857 | +€17,607 | +7,043% |
| Trade receivables | 40 | €250 | €0 | -€250 | -100% |
| Other amounts receivable | 41 | - | €17,857 | +€17,857 | |
| Current investments | 50/53 | €537,315 | €589,139 | +€51,824 | +9.6% |
| Cash at bank and in hand | 54/58 | €219,320 | €161,473 | -€57,847 | -26.4% |
| Deferred charges and accrued income | 490/1 | €17,871 | €45,652 | +€27,781 | +155% |
| Total equity and liabilities | 10/49 | €2,186,664 | €2,442,617 | +€255,953 | +11.7% |
| Equity | 10/15 | €1,613,562 | €1,937,590 | +€324,028 | +20.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,601,162 | €1,925,190 | +€324,028 | +20.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €252,600 | +€252,600 | |
| Distributable reserves | 133 | €1,601,162 | €1,672,590 | +€71,428 | +4.5% |
| Amounts payable | 17/49 | €573,102 | €505,027 | -€68,075 | -11.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €569,406 | €497,812 | -€71,594 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €0 | -€50,000 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,088 | €24,906 | +€19,819 | +390% |
| Suppliers | 440/4 | €5,088 | €24,906 | +€19,819 | +390% |
| Taxes, remuneration and social security | 45 | €86,759 | €18,598 | -€68,161 | -78.6% |
| Taxes | 450/3 | €86,759 | €18,598 | -€68,161 | -78.6% |
| Other amounts payable | 47/48 | €427,559 | €454,308 | +€26,749 | +6.3% |
| Accrued charges and deferred income | 492/3 | €3,696 | €7,215 | +€3,519 | +95.2% |
| Non-recurring operating income | 76A | €35,777 | €0 | -€35,777 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,108 | €92,174 | +€24,066 | +35.3% |
| Other operating charges | 640/8 | €5,032 | €4,442 | -€590 | -11.7% |
| Non-recurring operating charges | 66A | €616 | €0 | -€616 | -100% |
| Gross operating margin | 9900 | €597,179 | €508,614 | -€88,565 | -14.8% |
| Operating profit (loss) | 9901 | €523,423 | €411,998 | -€111,425 | -21.3% |
| Financial income | 75/76B | €36,513 | €67,555 | +€31,042 | +85.0% |
| Recurring financial income | 75 | €36,513 | €67,555 | +€31,042 | +85.0% |
| Financial charges | 65/66B | €6,230 | €23,896 | +€17,666 | +284% |
| Recurring financial charges | 65 | €6,230 | €23,896 | +€17,666 | +284% |
| Profit (loss) for the period before taxes | 9903 | €553,707 | €455,658 | -€98,049 | -17.7% |
| Income taxes | 67/77 | €170,891 | €131,630 | -€39,261 | -23.0% |
| Profit (loss) for the period | 9904 | €382,816 | €324,028 | -€58,788 | -15.4% |
| Transfer to tax-exempt reserves | 689 | - | €252,600 | +€252,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €382,816 | €71,428 | -€311,388 | -81.3% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.