CAMELIA: 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.
CAMELIA
Largest movements
- Tangible fixed assets +€1.7m
up €1.7m (+109%), from €1.6m to €3.4m
of which Land and buildings: +€1.8m
- Receivables within one year +€44,715
up €44,715 (+25.5%), from €175,129 to €219,844
of which Trade receivables: +€47,842
- Revaluation surpluses +€1.8m
new in 2025: €1.8m
- Current portion of long-term debt +€197,815
up €197,815 (+107%), from €185,015 to €382,830
- Debts after one year -€182,830
down €182,830 (-23.8%), from €768,092 to €585,262
- Other debts -€169,727
down €169,727 (-60.2%), from €281,885 to €112,159
- Tax, wage and social debts +€40,851
new in 2025: €40,851
of which Taxes: +€22,895
- Gross operating margin +€53,431
up €53,431 (+242%), from €22,095 to €75,526
- Depreciation -€41,202
down €41,202 (-51.9%), from €79,414 to €38,212
- Other operating charges +€7,088
up €7,088 (+170%), from €4,182 to €11,270
- Financial charges +€2,986
up €2,986 (+17.0%), from €17,523 to €20,509
- Taxes -€997
down €997 (-64.8%), from €1,537 to €540
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 | €1,802,526 | €3,575,472 | +€1.8m | +98.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,608,053 | €3,355,628 | +€1.7m | +109% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,608,053 | €3,355,628 | +€1.7m | +109% |
| Land and buildings | 22 | €1,423,979 | €3,210,314 | +€1.8m | +125% |
| Plant, machinery and equipment | 23 | €183,404 | €132,532 | -€50,872 | -27.7% |
| Furniture and vehicles | 24 | €671 | €12,782 | +€12,112 | +1,806% |
| Current assets | 29/58 | €194,473 | €219,844 | +€25,371 | +13.0% |
| Amounts receivable within one year | 40/41 | €175,129 | €219,844 | +€44,715 | +25.5% |
| Trade receivables | 40 | €172,002 | €219,844 | +€47,842 | +27.8% |
| Other amounts receivable | 41 | €3,126 | €0 | -€3,126 | -100% |
| Cash at bank and in hand | 54/58 | €19,344 | €0 | -€19,344 | -100% |
| Total equity and liabilities | 10/49 | €1,802,526 | €3,575,472 | +€1.8m | +98.4% |
| Equity | 10/15 | €549,236 | €2,367,638 | +€1.8m | +331% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €1,806,301 | +€1.8m | |
| Reserves | 13 | €137,028 | €146,641 | +€9,612 | +7.0% |
| Distributable reserves | 133 | €137,028 | €146,641 | +€9,612 | +7.0% |
| Profit (loss) carried forward | 14 | €393,608 | €396,095 | +€2,488 | +0.6% |
| Amounts payable | 17/49 | €1,253,290 | €1,207,835 | -€45,456 | -3.6% |
| Amounts payable after more than one year | 17 | €768,092 | €585,262 | -€182,830 | -23.8% |
| Financial debts | 170/4 | €768,092 | €585,262 | -€182,830 | -23.8% |
| Amounts payable within one year | 42/48 | €469,002 | €606,377 | +€137,374 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €185,015 | €382,830 | +€197,815 | +107% |
| Financial debts | 43 | - | €33,099 | +€33,099 | |
| Credit institutions | 430/8 | - | €33,099 | +€33,099 | |
| Trade debts | 44 | €2,102 | €37,438 | +€35,336 | +1,681% |
| Suppliers | 440/4 | €2,102 | €37,438 | +€35,336 | +1,681% |
| Taxes, remuneration and social security | 45 | - | €40,851 | +€40,851 | |
| Taxes | 450/3 | - | €22,895 | +€22,895 | |
| Remuneration and social security | 454/9 | - | €17,956 | +€17,956 | |
| Other amounts payable | 47/48 | €281,885 | €112,159 | -€169,727 | -60.2% |
| Accrued charges and deferred income | 492/3 | €16,196 | €16,196 | = | 0.0% |
| Non-recurring operating income | 76A | - | €999 | +€999 | |
| Remuneration, social security and pensions | 62 | €2,639 | €2,508 | -€131 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,414 | €38,212 | -€41,202 | -51.9% |
| Other operating charges | 640/8 | €4,182 | €11,270 | +€7,088 | +170% |
| Gross operating margin | 9900 | €22,095 | €75,526 | +€53,431 | +242% |
| Operating profit (loss) | 9901 | -€64,139 | €23,537 | +€87,676 | |
| Financial charges | 65/66B | €17,523 | €20,509 | +€2,986 | +17.0% |
| Recurring financial charges | 65 | €17,523 | €20,509 | +€2,986 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€81,662 | €3,028 | +€84,691 | |
| Income taxes | 67/77 | €1,537 | €540 | -€997 | -64.8% |
| Profit (loss) for the period | 9904 | -€83,199 | €2,488 | +€85,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,199 | €2,488 | +€85,687 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.