CAMISOTOP: 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.
CAMISOTOP
Largest movements
- Cash +€24,843
up €24,843 (+43.0%), from €57,831 to €82,674
mainly Net result for the year (+€40,943) and Receivables within one year (+€21,924)
- Receivables within one year -€21,924
down €21,924 (-68.5%), from €32,000 to €10,076
of which Trade receivables: -€31,829
- Tangible fixed assets +€7,510
up €7,510 (+265%), from €2,838 to €10,348
- Deferred charges and accrued income +€1,533
up €1,533 (+204%), from €750 to €2,284
- Reserves +€40,943
up €40,943 (+67.7%), from €60,436 to €101,380
- Tax, wage and social debts -€29,707
no longer reported in 2025 (was €29,707)
of which Taxes: -€26,229
- Gross operating margin -€23,385
down €23,385 (-27.5%), from €85,104 to €61,719
- Taxes -€6,265
down €6,265 (-26.4%), from €23,729 to €17,464
- Depreciation +€1,989
up €1,989 (+1,018%), from €195 to €2,184
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 | €93,420 | €105,382 | +€11,962 | +12.8% |
| Fixed assets | 21/28 | €2,838 | €10,348 | +€7,510 | +265% |
| Tangible fixed assets | 22/27 | €2,838 | €10,348 | +€7,510 | +265% |
| Furniture and vehicles | 24 | €2,838 | €10,348 | +€7,510 | +265% |
| Current assets | 29/58 | €90,581 | €95,034 | +€4,452 | +4.9% |
| Amounts receivable within one year | 40/41 | €32,000 | €10,076 | -€21,924 | -68.5% |
| Trade receivables | 40 | €32,000 | €171 | -€31,829 | -99.5% |
| Other amounts receivable | 41 | - | €9,905 | +€9,905 | |
| Cash at bank and in hand | 54/58 | €57,831 | €82,674 | +€24,843 | +43.0% |
| Deferred charges and accrued income | 490/1 | €750 | €2,284 | +€1,533 | +204% |
| Total equity and liabilities | 10/49 | €93,420 | €105,382 | +€11,962 | +12.8% |
| Equity | 10/15 | €61,436 | €102,380 | +€40,943 | +66.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €60,436 | €101,380 | +€40,943 | +67.7% |
| Distributable reserves | 133 | €60,436 | €101,380 | +€40,943 | +67.7% |
| Amounts payable | 17/49 | €31,983 | €3,002 | -€28,981 | -90.6% |
| Amounts payable within one year | 42/48 | €31,983 | €2,750 | -€29,234 | -91.4% |
| Trade debts | 44 | €1,751 | €2,750 | +€999 | +57.0% |
| Suppliers | 440/4 | €1,751 | €2,750 | +€999 | +57.0% |
| Taxes, remuneration and social security | 45 | €29,707 | - | -€29,707 | |
| Taxes | 450/3 | €26,229 | - | -€26,229 | |
| Remuneration and social security | 454/9 | €3,478 | - | -€3,478 | |
| Other amounts payable | 47/48 | €525 | - | -€525 | |
| Accrued charges and deferred income | 492/3 | - | €252 | +€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195 | €2,184 | +€1,989 | +1,018% |
| Other operating charges | 640/8 | €170 | €361 | +€191 | +112% |
| Gross operating margin | 9900 | €85,104 | €61,719 | -€23,385 | -27.5% |
| Operating profit (loss) | 9901 | €84,738 | €59,173 | -€25,565 | -30.2% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €583 | €766 | +€183 | +31.4% |
| Recurring financial charges | 65 | €583 | €766 | +€183 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €84,165 | €58,407 | -€25,758 | -30.6% |
| Income taxes | 67/77 | €23,729 | €17,464 | -€6,265 | -26.4% |
| Profit (loss) for the period | 9904 | €60,436 | €40,943 | -€19,493 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,436 | €40,943 | -€19,493 | -32.3% |
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 18 October 2026 via checked.be.