Camera5: 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.
Camera5
Largest movements
- Tangible fixed assets -€109,310
down €109,310 (-18.8%), from €582,258 to €472,948
of which Plant, machinery and equipment: -€104,922
- Cash +€85,199
up €85,199 (+63.4%), from €134,305 to €219,504
mainly Depreciation (+€241,534) and Net result for the year (+€87,118)
- Deferred charges and accrued income +€39,498
up €39,498 (+1086.9%), from €3,634 to €43,132
- Receivables within one year -€38,829
down €38,829 (-30.1%), from €128,968 to €90,139
of which Trade receivables: -€69,574
- Reserves -€120,401
down €120,401 (-33.9%), from €355,190 to €234,789
- Other debts +€85,280
up €85,280 (+78.2%), from €108,990 to €194,270
- Accrued charges and deferred income +€28,321
up €28,321 (+210.7%), from €13,441 to €41,762
- Trade debts -€13,483
down €13,483 (-56.1%), from €24,038 to €10,555
- Depreciation +€10,593
up €10,593 (+4.6%), from €230,941 to €241,534
- Gross operating margin +€4,218
up €4,218 (+1.2%), from €355,386 to €359,604
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 | €849,165 | €825,723 | -€23,442 | -2.8% |
| Fixed assets | 21/28 | €582,258 | €472,948 | -€109,310 | -18.8% |
| Tangible fixed assets | 22/27 | €582,258 | €472,948 | -€109,310 | -18.8% |
| Plant, machinery and equipment | 23 | €568,336 | €463,414 | -€104,922 | -18.5% |
| Furniture and vehicles | 24 | €13,884 | €9,534 | -€4,350 | -31.3% |
| Other tangible fixed assets | 26 | €38 | - | -€38 | |
| Current assets | 29/58 | €266,907 | €352,775 | +€85,868 | +32.2% |
| Amounts receivable within one year | 40/41 | €128,968 | €90,139 | -€38,829 | -30.1% |
| Trade receivables | 40 | €83,032 | €13,458 | -€69,574 | -83.8% |
| Other amounts receivable | 41 | €45,936 | €76,681 | +€30,745 | +66.9% |
| Cash at bank and in hand | 54/58 | €134,305 | €219,504 | +€85,199 | +63.4% |
| Deferred charges and accrued income | 490/1 | €3,634 | €43,132 | +€39,498 | +1086.9% |
| Total equity and liabilities | 10/49 | €849,165 | €825,723 | -€23,442 | -2.8% |
| Equity | 10/15 | €661,652 | €541,252 | -€120,400 | -18.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €355,190 | €234,789 | -€120,401 | -33.9% |
| Distributable reserves | 133 | €355,190 | €234,789 | -€120,401 | -33.9% |
| Profit (loss) carried forward | 14 | €287,870 | €287,871 | +€1 | 0.0% |
| Amounts payable | 17/49 | €187,513 | €284,471 | +€96,958 | +51.7% |
| Amounts payable within one year | 42/48 | €174,072 | €242,709 | +€68,637 | +39.4% |
| Trade debts | 44 | €24,038 | €10,555 | -€13,483 | -56.1% |
| Suppliers | 440/4 | €24,038 | €10,555 | -€13,483 | -56.1% |
| Taxes, remuneration and social security | 45 | €41,044 | €37,884 | -€3,160 | -7.7% |
| Taxes | 450/3 | €41,044 | €37,884 | -€3,160 | -7.7% |
| Other amounts payable | 47/48 | €108,990 | €194,270 | +€85,280 | +78.2% |
| Accrued charges and deferred income | 492/3 | €13,441 | €41,762 | +€28,321 | +210.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,941 | €241,534 | +€10,593 | +4.6% |
| Other operating charges | 640/8 | €1,381 | €629 | -€752 | -54.5% |
| Gross operating margin | 9900 | €355,386 | €359,604 | +€4,218 | +1.2% |
| Operating profit (loss) | 9901 | €123,064 | €117,441 | -€5,623 | -4.6% |
| Financial income | 75/76B | - | €2,040 | +€2,040 | |
| Recurring financial income | 75 | - | €2,040 | +€2,040 | |
| Non-recurring financial income | 76B | - | €2,040 | +€2,040 | |
| Financial charges | 65/66B | €209 | €591 | +€382 | +182.8% |
| Recurring financial charges | 65 | €209 | €591 | +€382 | +182.8% |
| Profit (loss) for the period before taxes | 9903 | €122,855 | €118,890 | -€3,965 | -3.2% |
| Income taxes | 67/77 | €34,297 | €31,772 | -€2,525 | -7.4% |
| Profit (loss) for the period | 9904 | €88,558 | €87,118 | -€1,440 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,558 | €87,118 | -€1,440 | -1.6% |
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 10 October 2026 via checked.be.