CAMINENCE: 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.
CAMINENCE
Largest movements
- Receivables within one year +€10,711
up €10,711 (+515%), from €2,081 to €12,792
of which Trade receivables: +€12,316
- Tangible fixed assets -€7,071
down €7,071 (-17.0%), from €41,631 to €34,560
- Cash -€4,095
down €4,095 (-10.8%), from €37,901 to €33,807
mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€10,711)
- Other debts +€32,084
up €32,084 (+1,240%), from €2,587 to €34,671
- Profit (loss) carried forward -€27,658
down €27,658 (-91.5%), from €30,225 to €2,568
- Current portion of long-term debt -€7,618
down €7,618 (-74.8%), from €10,179 to €2,561
- Tax, wage and social debts +€6,249
up €6,249 (+93.3%), from €6,696 to €12,945
- Debts after one year -€2,561
no longer reported in 2025 (was €2,561)
- Gross operating margin +€34,246
up €34,246 (+221%), from €15,520 to €49,765
- Taxes +€6,869
up €6,869 (+357%), from €1,926 to €8,795
- Financial charges -€716
down €716 (-58.0%), from €1,235 to €519
- Other operating charges -€536
no longer reported in 2025 (was €536)
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 | €81,613 | €81,158 | -€455 | -0.6% |
| Fixed assets | 21/28 | €41,631 | €34,560 | -€7,071 | -17.0% |
| Tangible fixed assets | 22/27 | €41,631 | €34,560 | -€7,071 | -17.0% |
| Furniture and vehicles | 24 | €41,631 | €34,560 | -€7,071 | -17.0% |
| Current assets | 29/58 | €39,982 | €46,599 | +€6,617 | +16.5% |
| Amounts receivable within one year | 40/41 | €2,081 | €12,792 | +€10,711 | +515% |
| Trade receivables | 40 | - | €12,316 | +€12,316 | |
| Other amounts receivable | 41 | €2,081 | €476 | -€1,604 | -77.1% |
| Cash at bank and in hand | 54/58 | €37,901 | €33,807 | -€4,095 | -10.8% |
| Total equity and liabilities | 10/49 | €81,613 | €81,158 | -€455 | -0.6% |
| Equity | 10/15 | €54,519 | €26,862 | -€27,658 | -50.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,694 | €5,694 | = | 0.0% |
| Distributable reserves | 133 | €5,694 | €5,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,225 | €2,568 | -€27,658 | -91.5% |
| Amounts payable | 17/49 | €27,093 | €54,297 | +€27,203 | +100% |
| Amounts payable after more than one year | 17 | €2,561 | - | -€2,561 | |
| Financial debts | 170/4 | €2,561 | - | -€2,561 | |
| Amounts payable within one year | 42/48 | €24,532 | €54,297 | +€29,764 | +121% |
| Current portion of amounts payable after more than one year | 42 | €10,179 | €2,561 | -€7,618 | -74.8% |
| Financial debts | 43 | €1,347 | €1,347 | = | 0.0% |
| Credit institutions | 430/8 | €1,347 | €1,347 | = | 0.0% |
| Trade debts | 44 | €3,724 | €2,772 | -€951 | -25.5% |
| Suppliers | 440/4 | €3,724 | €2,772 | -€951 | -25.5% |
| Taxes, remuneration and social security | 45 | €6,696 | €12,945 | +€6,249 | +93.3% |
| Taxes | 450/3 | €6,696 | €12,945 | +€6,249 | +93.3% |
| Other amounts payable | 47/48 | €2,587 | €34,671 | +€32,084 | +1,240% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,511 | €8,374 | -€137 | -1.6% |
| Other operating charges | 640/8 | €536 | - | -€536 | |
| Gross operating margin | 9900 | €15,520 | €49,765 | +€34,246 | +221% |
| Operating profit (loss) | 9901 | €6,472 | €41,391 | +€34,919 | +540% |
| Financial income | 75/76B | €23 | €266 | +€243 | +1,059% |
| Recurring financial income | 75 | €23 | €266 | +€243 | +1,059% |
| Financial charges | 65/66B | €1,235 | €519 | -€716 | -58.0% |
| Recurring financial charges | 65 | €1,235 | €519 | -€716 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €5,260 | €41,138 | +€35,877 | +682% |
| Income taxes | 67/77 | €1,926 | €8,795 | +€6,869 | +357% |
| Profit (loss) for the period | 9904 | €3,334 | €32,342 | +€29,008 | +870% |
| Profit (loss) for the period to be appropriated | 9905 | €3,334 | €32,342 | +€29,008 | +870% |
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 24 October 2026 via checked.be.