CAMINANTE: 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.
CAMINANTE
Largest movements
- Tangible fixed assets -€6,590
down €6,590 (-32.6%), from €20,218 to €13,628
of which Furniture and vehicles: -€4,838
- Cash +€2,959
up €2,959 (+13.1%), from €22,622 to €25,581
mainly Depreciation (+€6,590) and Tax, wage and social debts (+€1,098)
- Receivables within one year +€518
up €518 (+26.9%), from €1,924 to €2,442
of which Trade receivables: +€518
- Debts after one year -€3,960
down €3,960 (-79.6%), from €4,978 to €1,018
- Tax, wage and social debts +€1,098
up €1,098 (+943%), from €116 to €1,215
- Gross operating margin -€4,694
down €4,694 (-35.7%), from €13,137 to €8,442
- Taxes -€491
down €491 (-58.3%), from €842 to €351
- Financial charges -€191
down €191 (-30.8%), from €621 to €430
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 | €44,764 | €41,859 | -€2,905 | -6.5% |
| Fixed assets | 21/28 | €20,218 | €13,628 | -€6,590 | -32.6% |
| Tangible fixed assets | 22/27 | €20,218 | €13,628 | -€6,590 | -32.6% |
| Plant, machinery and equipment | 23 | €903 | €609 | -€294 | -32.6% |
| Furniture and vehicles | 24 | €15,337 | €10,498 | -€4,838 | -31.5% |
| Other tangible fixed assets | 26 | €3,978 | €2,520 | -€1,458 | -36.6% |
| Current assets | 29/58 | €24,546 | €28,232 | +€3,686 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,924 | €2,442 | +€518 | +26.9% |
| Trade receivables | 40 | €1,766 | €2,284 | +€518 | +29.3% |
| Other amounts receivable | 41 | €158 | €158 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,622 | €25,581 | +€2,959 | +13.1% |
| Deferred charges and accrued income | 490/1 | - | €209 | +€209 | |
| Total equity and liabilities | 10/49 | €44,764 | €41,859 | -€2,905 | -6.5% |
| Equity | 10/15 | €34,993 | €35,210 | +€217 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,533 | €14,750 | +€217 | +1.5% |
| Amounts payable | 17/49 | €9,771 | €6,649 | -€3,122 | -31.9% |
| Amounts payable after more than one year | 17 | €4,978 | €1,018 | -€3,960 | -79.6% |
| Financial debts | 170/4 | €4,978 | €1,018 | -€3,960 | -79.6% |
| Amounts payable within one year | 42/48 | €4,792 | €5,631 | +€839 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €3,787 | €3,960 | +€173 | +4.6% |
| Financial debts | 43 | €14 | €23 | +€9 | +60.8% |
| Credit institutions | 430/8 | €14 | €23 | +€9 | +60.8% |
| Trade debts | 44 | €438 | €393 | -€46 | -10.4% |
| Suppliers | 440/4 | €438 | €393 | -€46 | -10.4% |
| Taxes, remuneration and social security | 45 | €116 | €1,215 | +€1,098 | +943% |
| Taxes | 450/3 | €116 | €1,215 | +€1,098 | +943% |
| Other amounts payable | 47/48 | €436 | €41 | -€396 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,590 | €6,590 | +€0 | 0.0% |
| Other operating charges | 640/8 | €913 | €891 | -€22 | -2.4% |
| Gross operating margin | 9900 | €13,137 | €8,442 | -€4,694 | -35.7% |
| Operating profit (loss) | 9901 | €5,633 | €961 | -€4,672 | -82.9% |
| Financial income | 75/76B | €0 | €37 | +€36 | +364,900% |
| Recurring financial income | 75 | €0 | €37 | +€36 | +364,900% |
| Financial charges | 65/66B | €621 | €430 | -€191 | -30.8% |
| Recurring financial charges | 65 | €621 | €430 | -€191 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €5,012 | €568 | -€4,445 | -88.7% |
| Income taxes | 67/77 | €842 | €351 | -€491 | -58.3% |
| Profit (loss) for the period | 9904 | €4,170 | €217 | -€3,954 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,170 | €217 | -€3,954 | -94.8% |
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 29 October 2026 via checked.be.