CAMEL EXPRESS TRANS: 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.
CAMEL EXPRESS TRANS
Largest movements
- Tangible fixed assets -€4,193
down €4,193 (-31.7%), from €13,224 to €9,031
of which Furniture and vehicles: -€4,477
- Receivables within one year -€4,004
down €4,004 (-20.7%), from €19,320 to €15,316
- Cash +€517
up €517 (+82.5%), from €626 to €1,143
mainly Depreciation (+€7,887) and Tax, wage and social debts (+€5,522)
- Profit (loss) carried forward -€6,823
new in 2025: -€6,823
- Tax, wage and social debts +€5,522
up €5,522 (+90.9%), from €6,075 to €11,596
- Other debts -€4,308
down €4,308 (-31.7%), from €13,576 to €9,268
- Trade debts -€2,006
down €2,006 (-70.1%), from €2,860 to €854
- Gross operating margin -€26,292
down €26,292 (-80.5%), from €32,657 to €6,365
- Taxes -€2,938
no longer reported in 2025 (was €2,938)
- Other operating charges -€1,398
down €1,398 (-23.8%), from €5,862 to €4,464
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 | €42,170 | €34,490 | -€7,681 | -18.2% |
| Fixed assets | 21/28 | €22,224 | €18,031 | -€4,193 | -18.9% |
| Tangible fixed assets | 22/27 | €13,224 | €9,031 | -€4,193 | -31.7% |
| Plant, machinery and equipment | 23 | €404 | €688 | +€283 | +70.1% |
| Furniture and vehicles | 24 | €12,820 | €8,343 | -€4,477 | -34.9% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €19,946 | €16,459 | -€3,487 | -17.5% |
| Amounts receivable within one year | 40/41 | €19,320 | €15,316 | -€4,004 | -20.7% |
| Trade receivables | 40 | €19,320 | €15,316 | -€4,004 | -20.7% |
| Cash at bank and in hand | 54/58 | €626 | €1,143 | +€517 | +82.5% |
| Total equity and liabilities | 10/49 | €42,170 | €34,490 | -€7,681 | -18.2% |
| Equity | 10/15 | €19,594 | €12,771 | -€6,823 | -34.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,594 | €9,594 | = | 0.0% |
| Distributable reserves | 133 | €9,594 | €9,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,823 | -€6,823 | |
| Amounts payable | 17/49 | €22,577 | €21,719 | -€858 | -3.8% |
| Amounts payable within one year | 42/48 | €22,511 | €21,719 | -€792 | -3.5% |
| Trade debts | 44 | €2,860 | €854 | -€2,006 | -70.1% |
| Suppliers | 440/4 | €2,860 | €854 | -€2,006 | -70.1% |
| Taxes, remuneration and social security | 45 | €6,075 | €11,596 | +€5,522 | +90.9% |
| Taxes | 450/3 | €6,075 | €11,596 | +€5,522 | +90.9% |
| Other amounts payable | 47/48 | €13,576 | €9,268 | -€4,308 | -31.7% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,706 | €7,887 | +€181 | +2.4% |
| Other operating charges | 640/8 | €5,862 | €4,464 | -€1,398 | -23.8% |
| Gross operating margin | 9900 | €32,657 | €6,365 | -€26,292 | -80.5% |
| Operating profit (loss) | 9901 | €19,089 | -€5,986 | -€25,075 | |
| Financial income | 75/76B | €121 | - | -€121 | |
| Recurring financial income | 75 | €121 | - | -€121 | |
| Financial charges | 65/66B | €730 | €837 | +€107 | +14.7% |
| Recurring financial charges | 65 | €730 | €837 | +€107 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €18,481 | -€6,823 | -€25,304 | |
| Income taxes | 67/77 | €2,938 | - | -€2,938 | |
| Profit (loss) for the period | 9904 | €15,542 | -€6,823 | -€22,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,542 | -€6,823 | -€22,365 |
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 24 October 2026 via checked.be.