CAMELLIA: 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.
CAMELLIA
Largest movements
- Tangible fixed assets -€470,115
down €470,115 (-80.8%), from €582,137 to €112,022
of which Land and buildings: -€467,531
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Cash +€28,957
up €28,957 (+60.7%), from €47,717 to €76,674
mainly Investment in fixed assets (net) (+€457,316) and Net result for the year (+€84,813)
- Other debts -€518,325
down €518,325 (-87.8%), from €590,656 to €72,331
- Profit (loss) carried forward +€87,337
up €87,337 (+46.8%), from -€186,544 to -€99,207
- Reserves -€51,245
down €51,245 (-52.2%), from €98,231 to €46,986
of which Tax-exempt reserves: -€51,245
- Provisions -€17,082
down €17,082 (-55.7%), from €30,678 to €13,596
- Debts after one year -€11,455
down €11,455 (-10.8%), from €106,150 to €94,695
- Gross operating margin +€80,018
up €80,018 (+407%), from €19,645 to €99,663
- Other operating charges -€25,924
down €25,924 (-90.9%), from €28,531 to €2,607
- Depreciation -€22,723
down €22,723 (-64.0%), from €35,522 to €12,800
- Financial charges -€1,736
down €1,736 (-37.5%), from €4,630 to €2,894
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 | €701,144 | €190,375 | -€510,770 | -72.8% |
| Fixed assets | 21/28 | €582,137 | €112,022 | -€470,115 | -80.8% |
| Tangible fixed assets | 22/27 | €582,137 | €112,022 | -€470,115 | -80.8% |
| Land and buildings | 22 | €578,470 | €110,940 | -€467,531 | -80.8% |
| Plant, machinery and equipment | 23 | €3,667 | €1,082 | -€2,585 | -70.5% |
| Current assets | 29/58 | €119,007 | €78,353 | -€40,654 | -34.2% |
| Amounts receivable within one year | 40/41 | €493 | €1,199 | +€706 | +143% |
| Other amounts receivable | 41 | €493 | €1,199 | +€706 | +143% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €47,717 | €76,674 | +€28,957 | +60.7% |
| Deferred charges and accrued income | 490/1 | €798 | €481 | -€317 | -39.8% |
| Total equity and liabilities | 10/49 | €701,144 | €190,375 | -€510,770 | -72.8% |
| Equity | 10/15 | -€26,340 | €9,752 | +€36,092 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €98,231 | €46,986 | -€51,245 | -52.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €92,033 | €40,788 | -€51,245 | -55.7% |
| Profit (loss) carried forward | 14 | -€186,544 | -€99,207 | +€87,337 | +46.8% |
| Provisions and deferred taxes | 16 | €30,678 | €13,596 | -€17,082 | -55.7% |
| Deferred taxes | 168 | €30,678 | €13,596 | -€17,082 | -55.7% |
| Amounts payable | 17/49 | €696,807 | €167,027 | -€529,780 | -76.0% |
| Amounts payable after more than one year | 17 | €106,150 | €94,695 | -€11,455 | -10.8% |
| Financial debts | 170/4 | €106,150 | €94,695 | -€11,455 | -10.8% |
| Amounts payable within one year | 42/48 | €590,656 | €72,331 | -€518,325 | -87.8% |
| Other amounts payable | 47/48 | €590,656 | €72,331 | -€518,325 | -87.8% |
| Non-recurring operating income | 76A | - | €80,605 | +€80,605 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,522 | €12,800 | -€22,723 | -64.0% |
| Other operating charges | 640/8 | €28,531 | €2,607 | -€25,924 | -90.9% |
| Gross operating margin | 9900 | €19,645 | €99,663 | +€80,018 | +407% |
| Operating profit (loss) | 9901 | -€44,408 | €84,257 | +€128,665 | |
| Financial income | 75/76B | €1,959 | €2,609 | +€650 | +33.2% |
| Recurring financial income | 75 | €1,959 | €2,609 | +€650 | +33.2% |
| Financial charges | 65/66B | €4,630 | €2,894 | -€1,736 | -37.5% |
| Recurring financial charges | 65 | €4,630 | €2,894 | -€1,736 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,079 | €83,972 | +€131,051 | |
| Transfer from deferred taxes | 780 | €1,509 | €841 | -€667 | -44.2% |
| Profit (loss) for the period | 9904 | -€45,570 | €84,813 | +€130,384 | |
| Transfer from tax-exempt reserves | 789 | €4,526 | €2,524 | -€2,002 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,044 | €87,337 | +€128,381 |
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.