CAMELLO: what changed
Two fiscal 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.
What changed
CAMELLO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,289
2024 · €14,162-€5,873
Equity
€998,542
2024 · €990,253+€8,289
Cash
€36,608
2024 · €28,272+€8,336
Balance sheet total
€1.0m
2024 · €1.0m+€26,522
Largest movements
Assets
- Receivables within one year +€18,260
up €18,260 (+124.2%), from €14,698 to €32,958
of which Trade receivables: +€14,354
Equity and liabilities
- Debts after one year +€30,000
new in 2025: €30,000
Income statement
- Gross operating margin -€8,299
down €8,299 (-27.2%), from €30,456 to €22,157
- Taxes -€1,493
down €1,493 (-17.4%), from €8,594 to €7,101
- Financial charges -€919
down €919 (-28.8%), from €3,191 to €2,272
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.
Result 2024
€14,162
Gross operating margin
-€8,299
Depreciation
+€166
Other operating charges
-€155
Financial income
+€3
Financial charges
+€919
Taxes
+€1,493
Result 2025
€8,289
Cash bridge derived
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.
From operations
-€18,979
Investment
-€2,685
Financing
+€30,000
Cash 2024
€28,272
From operations (derived)
-€18,979
Net result for the year
+€8,289
Depreciation
+€2,642
Receivables within one year
-€18,260
Deferred charges and accrued income
+€118
Trade debts
-€4,154
Tax, wage and social debts
-€5,157
Other debts
-€2,398
Accrued charges and deferred income
-€58
Investment (derived)
-€2,685
Investment in fixed assets (net)
-€2,685
Financing
+€30,000
Debts after one year
+€30,000
Cash 2025
€36,608
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,011,026 | €1,037,547 | +€26,522 | +2.6% |
| Fixed assets | 21/28 | €966,099 | €966,142 | +€43 | 0.0% |
| Tangible fixed assets | 22/27 | €7,556 | €7,599 | +€43 | +0.6% |
| Furniture and vehicles | 24 | €7,556 | €7,599 | +€43 | +0.6% |
| Financial fixed assets | 28 | €958,542 | €958,542 | = | 0.0% |
| Current assets | 29/58 | €44,927 | €71,406 | +€26,479 | +58.9% |
| Amounts receivable within one year | 40/41 | €14,698 | €32,958 | +€18,260 | +124.2% |
| Trade receivables | 40 | €3,250 | €17,604 | +€14,354 | +441.7% |
| Other amounts receivable | 41 | €11,448 | €15,353 | +€3,906 | +34.1% |
| Cash at bank and in hand | 54/58 | €28,272 | €36,608 | +€8,336 | +29.5% |
| Deferred charges and accrued income | 490/1 | €1,957 | €1,840 | -€118 | -6.0% |
| Total equity and liabilities | 10/49 | €1,011,026 | €1,037,547 | +€26,522 | +2.6% |
| Equity | 10/15 | €990,253 | €998,542 | +€8,289 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €984,053 | €992,342 | +€8,289 | +0.8% |
| Distributable reserves | 133 | €984,053 | €992,342 | +€8,289 | +0.8% |
| Amounts payable | 17/49 | €20,773 | €39,005 | +€18,232 | +87.8% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Financial debts | 170/4 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €20,715 | €9,005 | -€11,710 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | €2,500 | €2,500 | = | 0.0% |
| Trade debts | 44 | €8,802 | €4,647 | -€4,154 | -47.2% |
| Suppliers | 440/4 | €8,802 | €4,647 | -€4,154 | -47.2% |
| Taxes, remuneration and social security | 45 | €7,015 | €1,858 | -€5,157 | -73.5% |
| Taxes | 450/3 | €7,015 | €1,858 | -€5,157 | -73.5% |
| Other amounts payable | 47/48 | €2,398 | €0 | -€2,398 | -100.0% |
| Accrued charges and deferred income | 492/3 | €58 | €0 | -€58 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,808 | €2,642 | -€166 | -5.9% |
| Other operating charges | 640/8 | €1,701 | €1,856 | +€155 | +9.1% |
| Gross operating margin | 9900 | €30,456 | €22,157 | -€8,299 | -27.2% |
| Operating profit (loss) | 9901 | €25,947 | €17,659 | -€8,288 | -31.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,191 | €2,272 | -€919 | -28.8% |
| Recurring financial charges | 65 | €3,191 | €2,272 | -€919 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €22,756 | €15,390 | -€7,366 | -32.4% |
| Income taxes | 67/77 | €8,594 | €7,101 | -€1,493 | -17.4% |
| Profit (loss) for the period | 9904 | €14,162 | €8,289 | -€5,873 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,162 | €8,289 | -€5,873 | -41.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.