CAMIPIERRE: 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.
CAMIPIERRE
Largest movements
- Cash +€41,983
new in 2025: €41,983
mainly Net result for the year (+€142,486) and Trade debts (+€33,940)
- Receivables within one year +€41,769
up €41,769 (+2.4%), from €1.7m to €1.8m
of which Other amounts receivable: +€108,443
- Tangible fixed assets -€33,470
down €33,470 (-55.8%), from €59,940 to €26,469
of which Furniture and vehicles: -€31,795
- Deferred charges and accrued income -€25,810
down €25,810 (-99.4%), from €25,972 to €161
- Reserves +€80,000
up €80,000 (+20.8%), from €383,800 to €463,800
- Profit (loss) carried forward +€62,486
up €62,486 (+14.1%), from €441,973 to €504,459
- Provisions -€52,690
down €52,690 (-26.4%), from €199,261 to €146,571
- Debts after one year -€51,739
down €51,739 (-79.5%), from €65,054 to €13,315
- Accrued charges and deferred income -€38,218
down €38,218 (-50.4%), from €75,879 to €37,661
- Other operating charges +€85,394
up €85,394 (+2149.1%), from €3,973 to €89,367
- Provisions -€52,690
new in 2025: -€52,690
- Gross operating margin -€46,681
down €46,681 (-4.2%), from €1.1m to €1.1m
- Taxes -€11,878
down €11,878 (-18.6%), from €64,033 to €52,155
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.
Cash bridge derived
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 | €1,823,050 | €1,847,521 | +€24,471 | +1.3% |
| Fixed assets | 21/28 | €85,640 | €52,169 | -€33,470 | -39.1% |
| Tangible fixed assets | 22/27 | €59,940 | €26,469 | -€33,470 | -55.8% |
| Plant, machinery and equipment | 23 | €2,990 | €1,315 | -€1,676 | -56.0% |
| Furniture and vehicles | 24 | €56,950 | €25,155 | -€31,795 | -55.8% |
| Financial fixed assets | 28 | €25,700 | €25,700 | = | 0.0% |
| Current assets | 29/58 | €1,737,410 | €1,795,352 | +€57,942 | +3.3% |
| Amounts receivable within one year | 40/41 | €1,711,439 | €1,753,207 | +€41,769 | +2.4% |
| Trade receivables | 40 | €1,175,189 | €1,108,515 | -€66,674 | -5.7% |
| Other amounts receivable | 41 | €536,250 | €644,692 | +€108,443 | +20.2% |
| Cash at bank and in hand | 54/58 | - | €41,983 | +€41,983 | |
| Deferred charges and accrued income | 490/1 | €25,972 | €161 | -€25,810 | -99.4% |
| Total equity and liabilities | 10/49 | €1,823,050 | €1,847,521 | +€24,471 | +1.3% |
| Equity | 10/15 | €887,273 | €1,029,759 | +€142,486 | +16.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €383,800 | €463,800 | +€80,000 | +20.8% |
| Distributable reserves | 133 | €383,800 | €463,800 | +€80,000 | +20.8% |
| Profit (loss) carried forward | 14 | €441,973 | €504,459 | +€62,486 | +14.1% |
| Provisions and deferred taxes | 16 | €199,261 | €146,571 | -€52,690 | -26.4% |
| Provisions for liabilities and charges | 160/5 | €199,261 | €146,571 | -€52,690 | -26.4% |
| Environmental obligations | 163 | €199,261 | €146,571 | -€52,690 | -26.4% |
| Amounts payable | 17/49 | €736,516 | €671,191 | -€65,325 | -8.9% |
| Amounts payable after more than one year | 17 | €65,054 | €13,315 | -€51,739 | -79.5% |
| Financial debts | 170/4 | €65,054 | €13,315 | -€51,739 | -79.5% |
| Amounts payable within one year | 42/48 | €595,582 | €620,214 | +€24,632 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €65,029 | €53,080 | -€11,949 | -18.4% |
| Financial debts | 43 | €233,886 | €233,505 | -€381 | -0.2% |
| Credit institutions | 430/8 | €233,886 | €233,505 | -€381 | -0.2% |
| Trade debts | 44 | €258,707 | €292,647 | +€33,940 | +13.1% |
| Suppliers | 440/4 | €258,707 | €292,647 | +€33,940 | +13.1% |
| Taxes, remuneration and social security | 45 | €37,169 | €39,213 | +€2,044 | +5.5% |
| Taxes | 450/3 | €9,567 | €11,670 | +€2,103 | +22.0% |
| Remuneration and social security | 454/9 | €27,601 | €27,543 | -€58 | -0.2% |
| Other amounts payable | 47/48 | €792 | €1,769 | +€978 | +123.5% |
| Accrued charges and deferred income | 492/3 | €75,879 | €37,661 | -€38,218 | -50.4% |
| Non-recurring operating income | 76A | - | €16,600 | +€16,600 | |
| Remuneration, social security and pensions | 62 | €779,066 | €777,943 | -€1,123 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,408 | €28,571 | -€3,837 | -11.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€52,690 | -€52,690 | |
| Other operating charges | 640/8 | €3,973 | €89,367 | +€85,394 | +2149.1% |
| Non-recurring operating charges | 66A | €7,562 | - | -€7,562 | |
| Gross operating margin | 9900 | €1,114,726 | €1,068,045 | -€46,681 | -4.2% |
| Operating profit (loss) | 9901 | €291,717 | €224,854 | -€66,862 | -22.9% |
| Financial income | 75/76B | €31 | €1,073 | +€1,042 | +3340.7% |
| Recurring financial income | 75 | €31 | €1,073 | +€1,042 | +3340.7% |
| Financial charges | 65/66B | €40,035 | €31,286 | -€8,749 | -21.9% |
| Recurring financial charges | 65 | €40,035 | €31,286 | -€8,749 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €251,712 | €194,641 | -€57,071 | -22.7% |
| Income taxes | 67/77 | €64,033 | €52,155 | -€11,878 | -18.6% |
| Profit (loss) for the period | 9904 | €187,679 | €142,486 | -€45,193 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €187,679 | €142,486 | -€45,193 | -24.1% |
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 11 October 2026 via checked.be.