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
- Cash +€36,903
up €36,903 (+123%), from €30,037 to €66,941
mainly Net result for the year (+€31,420) and Tax, wage and social debts (+€15,239)
- Tangible fixed assets -€9,343
down €9,343 (-24.3%), from €38,458 to €29,115
of which Leasing and similar rights: -€5,049
- Stocks and contracts +€8,312
up €8,312 (+318%), from €2,618 to €10,930
- Intangible fixed assets -€3,300
down €3,300 (-25.0%), from €13,200 to €9,900
- Receivables within one year +€2,575
up €2,575 (+115%), from €2,241 to €4,816
- Reserves +€28,000
up €28,000 (+320%), from €8,750 to €36,750
- Tax, wage and social debts +€15,239
up €15,239 (+126%), from €12,070 to €27,309
of which Taxes: +€18,064
- Debts after one year -€8,876
down €8,876 (-34.3%), from €25,891 to €17,015
- Profit (loss) carried forward +€3,420
up €3,420 (+33.9%), from €10,086 to €13,506
- Trade debts -€2,554
down €2,554 (-31.9%), from €8,011 to €5,457
- Gross operating margin +€51,819
up €51,819 (+111%), from €46,832 to €98,651
- Purchases and services +€39,930
up €39,930 (+11.5%), from €346,625 to €386,555
- Taxes +€12,870
up €12,870 (+2,770%), from €465 to €13,335
- Staff costs +€3,857
up €3,857 (+11.2%), from €34,303 to €38,160
- Depreciation +€1,888
up €1,888 (+17.6%), from €10,755 to €12,643
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 | €89,984 | €125,231 | +€35,247 | +39.2% |
| Fixed assets | 21/28 | €51,745 | €39,102 | -€12,643 | -24.4% |
| Intangible fixed assets | 21 | €13,200 | €9,900 | -€3,300 | -25.0% |
| Tangible fixed assets | 22/27 | €38,458 | €29,115 | -€9,343 | -24.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €19,807 | €14,758 | -€5,049 | -25.5% |
| Other tangible fixed assets | 26 | €18,651 | €14,357 | -€4,294 | -23.0% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €38,239 | €86,129 | +€47,890 | +125% |
| Stocks and contracts in progress | 3 | €2,618 | €10,930 | +€8,312 | +318% |
| Stocks | 30/36 | €2,618 | €10,930 | +€8,312 | +318% |
| Amounts receivable within one year | 40/41 | €2,241 | €4,816 | +€2,575 | +115% |
| Trade receivables | 40 | €2,241 | €4,816 | +€2,575 | +115% |
| Cash at bank and in hand | 54/58 | €30,037 | €66,941 | +€36,903 | +123% |
| Deferred charges and accrued income | 490/1 | €3,343 | €3,443 | +€100 | +3.0% |
| Total equity and liabilities | 10/49 | €89,984 | €125,231 | +€35,247 | +39.2% |
| Equity | 10/15 | €25,114 | €56,534 | +€31,420 | +125% |
| Contributions | 10/11 | €6,278 | €6,278 | = | 0.0% |
| Reserves | 13 | €8,750 | €36,750 | +€28,000 | +320% |
| Distributable reserves | 133 | €8,750 | €36,750 | +€28,000 | +320% |
| Profit (loss) carried forward | 14 | €10,086 | €13,506 | +€3,420 | +33.9% |
| Amounts payable | 17/49 | €64,870 | €68,697 | +€3,827 | +5.9% |
| Amounts payable after more than one year | 17 | €25,891 | €17,015 | -€8,876 | -34.3% |
| Financial debts | 170/4 | €25,891 | €17,015 | -€8,876 | -34.3% |
| Amounts payable within one year | 42/48 | €38,979 | €51,683 | +€12,703 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €8,521 | €8,876 | +€355 | +4.2% |
| Trade debts | 44 | €8,011 | €5,457 | -€2,554 | -31.9% |
| Suppliers | 440/4 | €8,011 | €5,457 | -€2,554 | -31.9% |
| Taxes, remuneration and social security | 45 | €12,070 | €27,309 | +€15,239 | +126% |
| Taxes | 450/3 | €2,472 | €20,537 | +€18,064 | +731% |
| Remuneration and social security | 454/9 | €9,598 | €6,772 | -€2,825 | -29.4% |
| Other amounts payable | 47/48 | €10,378 | €10,041 | -€337 | -3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €346,625 | €386,555 | +€39,930 | +11.5% |
| Remuneration, social security and pensions | 62 | €34,303 | €38,160 | +€3,857 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,755 | €12,643 | +€1,888 | +17.6% |
| Other operating charges | 640/8 | €2,348 | €1,442 | -€906 | -38.6% |
| Gross operating margin | 9900 | €46,832 | €98,651 | +€51,819 | +111% |
| Operating profit (loss) | 9901 | -€574 | €46,407 | +€46,980 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €1,466 | €1,652 | +€186 | +12.7% |
| Recurring financial charges | 65 | €1,466 | €1,652 | +€186 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,004 | €44,755 | +€46,759 | |
| Income taxes | 67/77 | €465 | €13,335 | +€12,870 | +2,770% |
| Profit (loss) for the period | 9904 | -€2,469 | €31,420 | +€33,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,469 | €31,420 | +€33,889 |
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 13 October 2026 via checked.be.