CAMELIDAE GROUP: 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.
CAMELIDAE GROUP
Largest movements
- Receivables within one year -€81,534
down €81,534 (-55.3%), from €147,445 to €65,911
of which Trade receivables: -€81,575
- Cash +€45,448
new in 2024: €45,448
mainly Receivables within one year (+€81,534) and Short-term financial debts (+€45,697)
- Tangible fixed assets -€27,011
down €27,011 (-6.5%), from €414,763 to €387,752
of which Land and buildings: -€24,179
- Profit (loss) carried forward -€96,488
down €96,488 (-182%), from -€53,019 to -€149,507
- Short-term financial debts +€45,697
up €45,697 (+53.4%), from €85,510 to €131,208
of which Credit institutions: +€124,563
- Investment grants +€25,200
new in 2024: €25,200
- Other debts -€24,000
down €24,000 (-99.1%), from €24,219 to €219
- Tax, wage and social debts -€14,222
down €14,222 (-31.2%), from €45,567 to €31,344
of which Remuneration and social security: -€8,706
- Gross operating margin -€109,751
down €109,751 (-65.3%), from €168,047 to €58,296
- Staff costs +€9,366
up €9,366 (+8.9%), from €105,077 to €114,443
- Other operating charges -€4,292
no longer reported in 2024 (was €4,292)
- Financial charges -€4,193
down €4,193 (-27.7%), from €15,152 to €10,958
- Financial income +€2,827
up €2,827 (+22,400%), from €13 to €2,840
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.
Derived cash bridge
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 | €579,903 | €511,419 | -€68,484 | -11.8% |
| Fixed assets | 21/28 | €432,458 | €400,061 | -€32,397 | -7.5% |
| Intangible fixed assets | 21 | €16,640 | €11,429 | -€5,212 | -31.3% |
| Tangible fixed assets | 22/27 | €414,763 | €387,752 | -€27,011 | -6.5% |
| Land and buildings | 22 | €406,264 | €382,085 | -€24,179 | -6.0% |
| Furniture and vehicles | 24 | €4,710 | €2,487 | -€2,222 | -47.2% |
| Other tangible fixed assets | 26 | €3,790 | €3,180 | -€610 | -16.1% |
| Financial fixed assets | 28 | €1,054 | €880 | -€174 | -16.5% |
| Current assets | 29/58 | €147,445 | €111,359 | -€36,086 | -24.5% |
| Amounts receivable within one year | 40/41 | €147,445 | €65,911 | -€81,534 | -55.3% |
| Trade receivables | 40 | €147,445 | €65,870 | -€81,575 | -55.3% |
| Other amounts receivable | 41 | - | €41 | +€41 | |
| Cash at bank and in hand | 54/58 | - | €45,448 | +€45,448 | |
| Total equity and liabilities | 10/49 | €579,903 | €511,419 | -€68,484 | -11.8% |
| Equity | 10/15 | €35,962 | -€35,326 | -€71,288 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,381 | €70,381 | = | 0.0% |
| Distributable reserves | 133 | €70,381 | €70,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,019 | -€149,507 | -€96,488 | -182% |
| Investment grants | 15 | - | €25,200 | +€25,200 | |
| Amounts payable | 17/49 | €543,941 | €546,746 | +€2,805 | +0.5% |
| Amounts payable after more than one year | 17 | €339,158 | €334,502 | -€4,656 | -1.4% |
| Financial debts | 170/4 | €339,158 | €310,502 | -€28,656 | -8.4% |
| Other amounts payable | 178/9 | - | €24,000 | +€24,000 | |
| Amounts payable within one year | 42/48 | €204,783 | €212,244 | +€7,461 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €38,235 | €29,459 | -€8,776 | -23.0% |
| Financial debts | 43 | €85,510 | €131,208 | +€45,697 | +53.4% |
| Credit institutions | 430/8 | €6,645 | €131,208 | +€124,563 | +1,875% |
| Other loans | 439 | €78,865 | - | -€78,865 | |
| Trade debts | 44 | €11,252 | €20,014 | +€8,762 | +77.9% |
| Suppliers | 440/4 | €11,252 | €20,014 | +€8,762 | +77.9% |
| Taxes, remuneration and social security | 45 | €45,567 | €31,344 | -€14,222 | -31.2% |
| Taxes | 450/3 | €22,846 | €17,330 | -€5,516 | -24.1% |
| Remuneration and social security | 454/9 | €22,720 | €14,014 | -€8,706 | -38.3% |
| Other amounts payable | 47/48 | €24,219 | €219 | -€24,000 | -99.1% |
| Remuneration, social security and pensions | 62 | €105,077 | €114,443 | +€9,366 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,541 | €32,223 | -€319 | -1.0% |
| Other operating charges | 640/8 | €4,292 | - | -€4,292 | |
| Gross operating margin | 9900 | €168,047 | €58,296 | -€109,751 | -65.3% |
| Operating profit (loss) | 9901 | €26,137 | -€88,370 | -€114,506 | |
| Financial income | 75/76B | €13 | €2,840 | +€2,827 | +22,400% |
| Recurring financial income | 75 | €13 | €2,840 | +€2,827 | +22,400% |
| Financial charges | 65/66B | €15,152 | €10,958 | -€4,193 | -27.7% |
| Recurring financial charges | 65 | €15,152 | €10,958 | -€4,193 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €10,998 | -€96,488 | -€107,486 | |
| Income taxes | 67/77 | €175 | - | -€175 | |
| Profit (loss) for the period | 9904 | €10,823 | -€96,488 | -€107,311 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,823 | -€96,488 | -€107,311 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.