CAMINART: 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.
CAMINART
Largest movements
- Cash -€834
down €834 (-1.7%), from €50,182 to €49,347
mainly Trade debts (-€6,331)
- Trade debts -€6,331
down €6,331 (-88.5%), from €7,155 to €824
- Other debts +€3,069
up €3,069 (+38.1%), from €8,062 to €11,132
- Reserves +€1,627
up €1,627 (+4.2%), from €39,093 to €40,720
of which Distributable reserves: +€1,627
- Gross operating margin -€3,688
down €3,688 (-45.8%), from €8,059 to €4,371
- Taxes -€1,328
down €1,328 (-67.1%), from €1,980 to €651
- Other operating charges +€1,257
up €1,257 (+130%), from €967 to €2,224
- Financial charges -€196
down €196 (-80.0%), from €245 to €49
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 | €75,261 | €74,147 | -€1,114 | -1.5% |
| Fixed assets | 21/28 | €24,692 | €24,692 | = | 0.0% |
| Tangible fixed assets | 22/27 | €24,692 | €24,692 | = | 0.0% |
| Land and buildings | 22 | €13,790 | €13,790 | = | 0.0% |
| Furniture and vehicles | 24 | €10,902 | €10,902 | = | 0.0% |
| Current assets | 29/58 | €50,569 | €49,455 | -€1,114 | -2.2% |
| Amounts receivable within one year | 40/41 | €158 | - | -€158 | |
| Trade receivables | 40 | €121 | - | -€121 | |
| Other amounts receivable | 41 | €37 | - | -€37 | |
| Cash at bank and in hand | 54/58 | €50,182 | €49,347 | -€834 | -1.7% |
| Deferred charges and accrued income | 490/1 | €229 | €107 | -€122 | -53.1% |
| Total equity and liabilities | 10/49 | €75,261 | €74,147 | -€1,114 | -1.5% |
| Equity | 10/15 | €57,693 | €59,320 | +€1,627 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,093 | €40,720 | +€1,627 | +4.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,233 | €38,860 | +€1,627 | +4.4% |
| Amounts payable | 17/49 | €17,568 | €14,827 | -€2,741 | -15.6% |
| Amounts payable within one year | 42/48 | €17,568 | €14,827 | -€2,741 | -15.6% |
| Trade debts | 44 | €7,155 | €824 | -€6,331 | -88.5% |
| Suppliers | 440/4 | €7,155 | €824 | -€6,331 | -88.5% |
| Taxes, remuneration and social security | 45 | €2,350 | €2,872 | +€521 | +22.2% |
| Taxes | 450/3 | €2,350 | €2,872 | +€521 | +22.2% |
| Other amounts payable | 47/48 | €8,062 | €11,132 | +€3,069 | +38.1% |
| Other operating charges | 640/8 | €967 | €2,224 | +€1,257 | +130% |
| Gross operating margin | 9900 | €8,059 | €4,371 | -€3,688 | -45.8% |
| Operating profit (loss) | 9901 | €7,092 | €2,148 | -€4,945 | -69.7% |
| Financial income | 75/76B | €209 | €179 | -€30 | -14.4% |
| Recurring financial income | 75 | €209 | €179 | -€30 | -14.4% |
| Financial charges | 65/66B | €245 | €49 | -€196 | -80.0% |
| Recurring financial charges | 65 | €245 | €49 | -€196 | -80.0% |
| Profit (loss) for the period before taxes | 9903 | €7,057 | €2,278 | -€4,779 | -67.7% |
| Income taxes | 67/77 | €1,980 | €651 | -€1,328 | -67.1% |
| Profit (loss) for the period | 9904 | €5,077 | €1,627 | -€3,451 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,077 | €1,627 | -€3,451 | -68.0% |
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 26 October 2026 via checked.be.