CAMI: 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
CAMI
NACE 46.499, Wholesale of other household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€141,751
2024 · €167,739-€25,988
Equity
€1.2m
2024 · €1.3m-€83,952
Cash
€26,951
2024 · €18,903+€8,048
Balance sheet total
€1.8m
2024 · €2.0m-€133,204
Largest movements
Assets
- Receivables after one year -€64,700
down €64,700 (-19.8%), from €327,361 to €262,662
- Tangible fixed assets -€59,972
down €59,972 (-5.8%), from €1.0m to €978,168
of which Land and buildings: -€52,072
- Deferred charges and accrued income -€26,338
down €26,338 (-80.4%), from €32,747 to €6,409
Equity and liabilities
- Reserves -€83,952
down €83,952 (-7.0%), from €1.2m to €1.1m
of which Distributable reserves: -€82,926
- Debts after one year -€67,123
down €67,123 (-14.3%), from €468,955 to €401,832
of which Financial debts: -€81,998
Income statement
- Gross operating margin -€29,986
down €29,986 (-7.1%), from €424,510 to €394,524
- Financial charges -€5,766
down €5,766 (-16.5%), from €34,873 to €29,108
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
€167,739
Gross operating margin
-€29,986
Staff costs
-€2,515
Depreciation
-€330
Other operating charges
-€3,673
Other operating items
+€1,236
Financial income
+€17
Financial charges
+€5,766
Taxes
+€3,497
Result 2025
€141,751
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
+€304,926
Investment
-€14,216
Financing
-€282,661
Cash 2024
€18,903
From operations (derived)
+€304,926
Net result for the year
+€141,751
Depreciation
+€74,188
Receivables after one year
+€64,700
Receivables within one year
-€9,757
Deferred charges and accrued income
+€26,338
Smaller working-capital items
+€28
Trade debts
-€2,652
Tax, wage and social debts
+€13,639
Other debts
-€3,309
Investment (derived)
-€14,216
Investment in fixed assets (net)
-€14,216
Financing
-€282,661
Debts after one year
-€67,123
Current portion of long-term debt
+€10,165
Contributions, distributions and other
-€225,703
Cash 2025
€26,951
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,981,483 | €1,848,278 | -€133,204 | -6.7% |
| Fixed assets | 21/28 | €1,591,140 | €1,531,168 | -€59,972 | -3.8% |
| Tangible fixed assets | 22/27 | €1,038,140 | €978,168 | -€59,972 | -5.8% |
| Land and buildings | 22 | €966,879 | €914,807 | -€52,072 | -5.4% |
| Plant, machinery and equipment | 23 | €35,679 | €28,101 | -€7,578 | -21.2% |
| Furniture and vehicles | 24 | €35,581 | €35,260 | -€321 | -0.9% |
| Financial fixed assets | 28 | €553,000 | €553,000 | = | 0.0% |
| Current assets | 29/58 | €390,343 | €317,110 | -€73,233 | -18.8% |
| Amounts receivable after more than one year | 29 | €327,361 | €262,662 | -€64,700 | -19.8% |
| Other amounts receivable | 291 | €327,361 | €262,662 | -€64,700 | -19.8% |
| Amounts receivable within one year | 40/41 | €11,332 | €21,089 | +€9,757 | +86.1% |
| Trade receivables | 40 | €11,332 | €5,835 | -€5,497 | -48.5% |
| Other amounts receivable | 41 | - | €15,254 | +€15,254 | |
| Cash at bank and in hand | 54/58 | €18,903 | €26,951 | +€8,048 | +42.6% |
| Deferred charges and accrued income | 490/1 | €32,747 | €6,409 | -€26,338 | -80.4% |
| Total equity and liabilities | 10/49 | €1,981,483 | €1,848,278 | -€133,204 | -6.7% |
| Equity | 10/15 | €1,254,636 | €1,170,684 | -€83,952 | -6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,192,636 | €1,108,684 | -€83,952 | -7.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,613 | €3,587 | -€1,026 | -22.2% |
| Distributable reserves | 133 | €1,181,823 | €1,098,897 | -€82,926 | -7.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €66,143 | €65,611 | -€532 | -0.8% |
| Provisions for liabilities and charges | 160/5 | €64,416 | €64,416 | = | 0.0% |
| Pensions and similar obligations | 160 | €64,416 | €64,416 | = | 0.0% |
| Deferred taxes | 168 | €1,728 | €1,196 | -€532 | -30.8% |
| Amounts payable | 17/49 | €660,704 | €611,983 | -€48,721 | -7.4% |
| Amounts payable after more than one year | 17 | €468,955 | €401,832 | -€67,123 | -14.3% |
| Financial debts | 170/4 | €232,316 | €150,318 | -€81,998 | -35.3% |
| Other amounts payable | 178/9 | €236,638 | €251,514 | +€14,875 | +6.3% |
| Amounts payable within one year | 42/48 | €170,021 | €187,863 | +€17,842 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €97,181 | €107,345 | +€10,165 | +10.5% |
| Trade debts | 44 | €11,159 | €8,508 | -€2,652 | -23.8% |
| Suppliers | 440/4 | €11,159 | €8,508 | -€2,652 | -23.8% |
| Taxes, remuneration and social security | 45 | €46,816 | €60,454 | +€13,639 | +29.1% |
| Taxes | 450/3 | €40,071 | €53,468 | +€13,397 | +33.4% |
| Remuneration and social security | 454/9 | €6,745 | €6,986 | +€242 | +3.6% |
| Other amounts payable | 47/48 | €14,865 | €11,556 | -€3,309 | -22.3% |
| Accrued charges and deferred income | 492/3 | €21,728 | €22,288 | +€560 | +2.6% |
| Remuneration, social security and pensions | 62 | €54,152 | €56,667 | +€2,515 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,858 | €74,188 | +€330 | +0.4% |
| Other operating charges | 640/8 | €17,367 | €21,039 | +€3,673 | +21.1% |
| Non-recurring operating charges | 66A | €1,236 | €0 | -€1,236 | -100.0% |
| Gross operating margin | 9900 | €424,510 | €394,524 | -€29,986 | -7.1% |
| Operating profit (loss) | 9901 | €277,897 | €242,630 | -€35,267 | -12.7% |
| Financial income | 75/76B | €18 | €34 | +€17 | +96.0% |
| Recurring financial income | 75 | €18 | €34 | +€17 | +96.0% |
| Financial charges | 65/66B | €34,873 | €29,108 | -€5,766 | -16.5% |
| Recurring financial charges | 65 | €34,873 | €29,108 | -€5,766 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €243,041 | €213,556 | -€29,485 | -12.1% |
| Income taxes | 67/77 | €75,303 | €71,805 | -€3,497 | -4.6% |
| Profit (loss) for the period | 9904 | €167,739 | €141,751 | -€25,988 | -15.5% |
| Transfer from tax-exempt reserves | 789 | €1,558 | €1,558 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €169,296 | €143,309 | -€25,988 | -15.4% |
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 28 September 2026 via checked.be.