Camino Común: what changed
What changed
Camino Común
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€71,073
2024 · -€50,983-€20,089
Equity
€280,218
2024 · €351,290-€71,073
Cash
€19,746
2024 · €14,754+€4,992
Balance sheet total
€1.7m
2024 · €1.4m+€302,102
Largest movements
Assets
- Tangible fixed assets +€358,379
up €358,379 (+29.1%), from €1.2m to €1.6m
of which Land and buildings: +€358,227
- Receivables within one year -€45,469
down €45,469 (-38.0%), from €119,768 to €74,298
of which Trade receivables: -€60,408
Equity and liabilities
- Other debts +€246,578
up €246,578 (+41.8%), from €589,689 to €836,268
- Debts after one year +€145,993
up €145,993 (+40.9%), from €357,252 to €503,245
- Profit (loss) carried forward -€63,303
down €63,303 (-146%), from -€43,214 to -€106,517
Income statement
- Depreciation +€22,637
up €22,637 (+28.1%), from €80,653 to €103,290
- Taxes -€12,555
down €12,555 (-73.0%), from €17,206 to €4,651
- Financial charges +€9,570
up €9,570 (+78.8%), from €12,143 to €21,713
- Gross operating margin +€3,217
up €3,217 (+5.5%), from €58,950 to €62,166
- Other operating charges +€2,302
up €2,302 (+43.6%), from €5,283 to €7,586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€50,983
Gross operating margin
+€3,217
Depreciation
-€22,637
Other operating charges
-€2,302
Financial income
-€1,352
Financial charges
-€9,570
Taxes
+€12,555
Result 2025
-€71,073
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€306,288
Investment
-€461,669
Financing
+€160,373
Cash 2024
€14,754
From operations (derived)
+€306,288
Net result for the year
-€71,073
Depreciation
+€103,290
Receivables within one year
+€45,469
Deferred charges and accrued income
+€15,799
Provisions
-€4,001
Trade debts
-€9,942
Tax, wage and social debts
-€14,340
Other debts
+€246,578
Accrued charges and deferred income
-€5,494
Investment (derived)
-€461,669
Investment in fixed assets (net)
-€461,669
Financing
+€160,373
Debts after one year
+€145,993
Current portion of long-term debt
+€14,380
Cash 2025
€19,746
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,385,516 | €1,687,618 | +€302,102 | +21.8% |
| Fixed assets | 21/28 | €1,232,817 | €1,591,195 | +€358,379 | +29.1% |
| Tangible fixed assets | 22/27 | €1,231,627 | €1,590,005 | +€358,379 | +29.1% |
| Land and buildings | 22 | €1,217,299 | €1,575,526 | +€358,227 | +29.4% |
| Plant, machinery and equipment | 23 | €2,753 | €1,938 | -€814 | -29.6% |
| Furniture and vehicles | 24 | €11,575 | €12,541 | +€966 | +8.3% |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €152,699 | €96,423 | -€56,276 | -36.9% |
| Amounts receivable within one year | 40/41 | €119,768 | €74,298 | -€45,469 | -38.0% |
| Trade receivables | 40 | €61,341 | €932 | -€60,408 | -98.5% |
| Other amounts receivable | 41 | €58,427 | €73,366 | +€14,939 | +25.6% |
| Current investments | 50/53 | €581 | €581 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,754 | €19,746 | +€4,992 | +33.8% |
| Deferred charges and accrued income | 490/1 | €17,597 | €1,797 | -€15,799 | -89.8% |
| Total equity and liabilities | 10/49 | €1,385,516 | €1,687,618 | +€302,102 | +21.8% |
| Equity | 10/15 | €351,290 | €280,218 | -€71,073 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €375,904 | €368,134 | -€7,770 | -2.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €43,681 | €35,911 | -€7,770 | -17.8% |
| Distributable reserves | 133 | €330,363 | €332,223 | +€1,860 | +0.6% |
| Profit (loss) carried forward | 14 | -€43,214 | -€106,517 | -€63,303 | -146% |
| Provisions and deferred taxes | 16 | €26,992 | €22,991 | -€4,001 | -14.8% |
| Provisions for liabilities and charges | 160/5 | €4,500 | €4,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €4,500 | €4,500 | = | 0.0% |
| Deferred taxes | 168 | €22,492 | €18,491 | -€4,001 | -17.8% |
| Amounts payable | 17/49 | €1,007,234 | €1,384,410 | +€377,176 | +37.4% |
| Amounts payable after more than one year | 17 | €357,252 | €503,245 | +€145,993 | +40.9% |
| Financial debts | 170/4 | €357,252 | €503,245 | +€145,993 | +40.9% |
| Amounts payable within one year | 42/48 | €644,488 | €881,164 | +€236,677 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €27,405 | €41,785 | +€14,380 | +52.5% |
| Trade debts | 44 | €11,325 | €1,383 | -€9,942 | -87.8% |
| Suppliers | 440/4 | €11,325 | €1,383 | -€9,942 | -87.8% |
| Taxes, remuneration and social security | 45 | €16,069 | €1,729 | -€14,340 | -89.2% |
| Taxes | 450/3 | €16,069 | €1,729 | -€14,340 | -89.2% |
| Other amounts payable | 47/48 | €589,689 | €836,268 | +€246,578 | +41.8% |
| Accrued charges and deferred income | 492/3 | €5,494 | - | -€5,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,653 | €103,290 | +€22,637 | +28.1% |
| Other operating charges | 640/8 | €5,283 | €7,586 | +€2,302 | +43.6% |
| Gross operating margin | 9900 | €58,950 | €62,166 | +€3,217 | +5.5% |
| Operating profit (loss) | 9901 | -€26,987 | -€48,710 | -€21,723 | -80.5% |
| Financial income | 75/76B | €1,352 | - | -€1,352 | |
| Recurring financial income | 75 | €1,352 | - | -€1,352 | |
| Financial charges | 65/66B | €12,143 | €21,713 | +€9,570 | +78.8% |
| Recurring financial charges | 65 | €12,143 | €21,713 | +€9,570 | +78.8% |
| Profit (loss) for the period before taxes | 9903 | -€37,778 | -€70,423 | -€32,644 | -86.4% |
| Transfer from deferred taxes | 780 | €4,001 | €4,001 | = | 0.0% |
| Income taxes | 67/77 | €17,206 | €4,651 | -€12,555 | -73.0% |
| Profit (loss) for the period | 9904 | -€50,983 | -€71,073 | -€20,089 | -39.4% |
| Transfer from tax-exempt reserves | 789 | €7,770 | €7,770 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,214 | -€63,303 | -€20,089 | -46.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.