CAMILLE BELGIUM: 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.
CAMILLE BELGIUM
Largest movements
- Cash -€91,387
down €91,387 (-30.1%), from €303,694 to €212,306
mainly Receivables within one year (-€88,339) and Deferred charges and accrued income (-€18,778)
- Receivables within one year +€88,339
up €88,339 (+43.8%), from €201,815 to €290,154
of which Trade receivables: +€86,716
- Deferred charges and accrued income +€18,778
new in 2025: €18,778
- Reserves +€17,436
up €17,436 (+3.3%), from €530,837 to €548,273
of which Distributable reserves: +€17,436
- Tax, wage and social debts -€10,183
down €10,183 (-48.8%), from €20,885 to €10,702
- Gross operating margin -€67,744
down €67,744 (-69.4%), from €97,635 to €29,891
- Taxes -€22,225
down €22,225, from €14,702 to -€7,524
- Other operating charges -€15,616
down €15,616 (-61.2%), from €25,537 to €9,921
- Financial charges -€8,350
down €8,350 (-53.9%), from €15,492 to €7,142
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 | €643,938 | €649,752 | +€5,815 | +0.9% |
| Fixed assets | 21/28 | €8,329 | €4,727 | -€3,601 | -43.2% |
| Tangible fixed assets | 22/27 | €8,329 | €4,727 | -€3,601 | -43.2% |
| Plant, machinery and equipment | 23 | €6,580 | €4,447 | -€2,132 | -32.4% |
| Furniture and vehicles | 24 | €1,749 | €280 | -€1,469 | -84.0% |
| Current assets | 29/58 | €635,609 | €645,025 | +€9,416 | +1.5% |
| Stocks and contracts in progress | 3 | €130,101 | €123,787 | -€6,313 | -4.9% |
| Stocks | 30/36 | €130,101 | €123,787 | -€6,313 | -4.9% |
| Amounts receivable within one year | 40/41 | €201,815 | €290,154 | +€88,339 | +43.8% |
| Trade receivables | 40 | €198,996 | €285,712 | +€86,716 | +43.6% |
| Other amounts receivable | 41 | €2,819 | €4,442 | +€1,623 | +57.6% |
| Cash at bank and in hand | 54/58 | €303,694 | €212,306 | -€91,387 | -30.1% |
| Deferred charges and accrued income | 490/1 | - | €18,778 | +€18,778 | |
| Total equity and liabilities | 10/49 | €643,938 | €649,752 | +€5,815 | +0.9% |
| Equity | 10/15 | €580,416 | €597,852 | +€17,436 | +3.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €530,837 | €548,273 | +€17,436 | +3.3% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Legal reserve | 130 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €219,000 | €219,000 | = | 0.0% |
| Distributable reserves | 133 | €306,879 | €324,315 | +€17,436 | +5.7% |
| Amounts payable | 17/49 | €63,522 | €51,900 | -€11,622 | -18.3% |
| Amounts payable within one year | 42/48 | €63,522 | €51,900 | -€11,622 | -18.3% |
| Trade debts | 44 | €42,637 | €41,199 | -€1,439 | -3.4% |
| Suppliers | 440/4 | €42,637 | €41,199 | -€1,439 | -3.4% |
| Taxes, remuneration and social security | 45 | €20,885 | €10,702 | -€10,183 | -48.8% |
| Taxes | 450/3 | €20,885 | €10,702 | -€10,183 | -48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,601 | €3,601 | = | 0.0% |
| Other operating charges | 640/8 | €25,537 | €9,921 | -€15,616 | -61.2% |
| Gross operating margin | 9900 | €97,635 | €29,891 | -€67,744 | -69.4% |
| Operating profit (loss) | 9901 | €68,497 | €16,369 | -€52,128 | -76.1% |
| Financial income | 75/76B | €1,004 | €685 | -€319 | -31.7% |
| Recurring financial income | 75 | €1,004 | €685 | -€319 | -31.7% |
| Financial charges | 65/66B | €15,492 | €7,142 | -€8,350 | -53.9% |
| Recurring financial charges | 65 | €15,492 | €7,142 | -€8,350 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €54,009 | €9,913 | -€44,096 | -81.6% |
| Income taxes | 67/77 | €14,702 | -€7,524 | -€22,225 | |
| Profit (loss) for the period | 9904 | €39,307 | €17,436 | -€21,871 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,307 | €17,436 | -€21,871 | -55.6% |
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 27 October 2026 via checked.be.