CAMERA and CO: 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.
CAMERA and CO
Largest movements
- Cash -€34,050
down €34,050 (-36.0%), from €94,521 to €60,471
mainly Contributions, distributions and other (-€49,806) and Net result for the year (-€25,932)
- Receivables within one year +€9,313
up €9,313 (+4000.5%), from €233 to €9,546
of which Other amounts receivable: +€9,546
- Tangible fixed assets -€3,107
down €3,107 (-72.4%), from €4,290 to €1,184
- Reserves -€49,806
down €49,806 (-40.9%), from €121,665 to €71,859
- Other debts +€49,361
up €49,361 (+380.2%), from €12,984 to €62,345
- Profit (loss) carried forward -€25,932
down €25,932, from €21,604 to -€4,328
- Tax, wage and social debts -€2,440
down €2,440 (-33.7%), from €7,241 to €4,801
- Gross operating margin -€57,732
down €57,732, from €38,470 to -€19,262
- Taxes -€12,671
down €12,671 (-96.5%), from €13,125 to €454
- Other operating charges +€2,424
up €2,424 (+625.7%), from €387 to €2,811
- Depreciation -€613
down €613 (-16.5%), from €3,719 to €3,107
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,344 | €148,377 | -€28,967 | -16.3% |
| Fixed assets | 21/28 | €80,753 | €77,646 | -€3,107 | -3.8% |
| Tangible fixed assets | 22/27 | €4,290 | €1,184 | -€3,107 | -72.4% |
| Furniture and vehicles | 24 | €4,290 | €1,184 | -€3,107 | -72.4% |
| Financial fixed assets | 28 | €76,463 | €76,463 | = | 0.0% |
| Current assets | 29/58 | €96,591 | €70,731 | -€25,861 | -26.8% |
| Amounts receivable within one year | 40/41 | €233 | €9,546 | +€9,313 | +4000.5% |
| Trade receivables | 40 | €233 | - | -€233 | |
| Other amounts receivable | 41 | - | €9,546 | +€9,546 | |
| Cash at bank and in hand | 54/58 | €94,521 | €60,471 | -€34,050 | -36.0% |
| Deferred charges and accrued income | 490/1 | €1,837 | €714 | -€1,124 | -61.2% |
| Total equity and liabilities | 10/49 | €177,344 | €148,377 | -€28,967 | -16.3% |
| Equity | 10/15 | €155,669 | €79,931 | -€75,738 | -48.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,665 | €71,859 | -€49,806 | -40.9% |
| Distributable reserves | 133 | €121,665 | €71,859 | -€49,806 | -40.9% |
| Profit (loss) carried forward | 14 | €21,604 | -€4,328 | -€25,932 | |
| Amounts payable | 17/49 | €21,675 | €68,446 | +€46,771 | +215.8% |
| Amounts payable within one year | 42/48 | €21,675 | €68,446 | +€46,771 | +215.8% |
| Current portion of amounts payable after more than one year | 42 | €1,031 | €1,025 | -€6 | -0.6% |
| Trade debts | 44 | €419 | €274 | -€145 | -34.5% |
| Suppliers | 440/4 | €419 | €274 | -€145 | -34.5% |
| Taxes, remuneration and social security | 45 | €7,241 | €4,801 | -€2,440 | -33.7% |
| Taxes | 450/3 | €7,241 | €4,801 | -€2,440 | -33.7% |
| Other amounts payable | 47/48 | €12,984 | €62,345 | +€49,361 | +380.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,719 | €3,107 | -€613 | -16.5% |
| Other operating charges | 640/8 | €387 | €2,811 | +€2,424 | +625.7% |
| Gross operating margin | 9900 | €38,470 | -€19,262 | -€57,732 | |
| Operating profit (loss) | 9901 | €34,363 | -€25,180 | -€59,543 | |
| Financial income | 75/76B | €127 | €157 | +€30 | +23.8% |
| Recurring financial income | 75 | €127 | €157 | +€30 | +23.8% |
| Financial charges | 65/66B | €525 | €455 | -€70 | -13.3% |
| Recurring financial charges | 65 | €525 | €455 | -€70 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €33,966 | -€25,478 | -€59,443 | |
| Income taxes | 67/77 | €13,125 | €454 | -€12,671 | -96.5% |
| Profit (loss) for the period | 9904 | €20,840 | -€25,932 | -€46,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,840 | -€25,932 | -€46,772 |
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 7 October 2026 via checked.be.