CAML: what changed
Two fiscal 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.
CAML
Largest movements
- Cash +€91,004
up €91,004 (+121.4%), from €74,961 to €165,965
mainly Net result for the year (+€95,633) and Other debts (+€4,392)
- Receivables within one year +€6,942
up €6,942 (+49.6%), from €13,989 to €20,931
of which Trade receivables: +€3,506
- Reserves +€95,633
up €95,633 (+140.0%), from €68,313 to €163,946
- Other debts +€4,392
up €4,392 (+134.4%), from €3,267 to €7,659
- Gross operating margin +€33,646
up €33,646 (+38.1%), from €88,249 to €121,894
- Taxes +€8,221
up €8,221 (+47.4%), from €17,343 to €25,564
- Depreciation -€1,376
down €1,376 (-70.1%), from €1,964 to €588
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 | €90,100 | €187,458 | +€97,358 | +108.1% |
| Fixed assets | 21/28 | €1,151 | €562 | -€588 | -51.1% |
| Tangible fixed assets | 22/27 | €1,151 | €562 | -€588 | -51.1% |
| Furniture and vehicles | 24 | €1,151 | €562 | -€588 | -51.1% |
| Current assets | 29/58 | €88,950 | €186,896 | +€97,946 | +110.1% |
| Amounts receivable within one year | 40/41 | €13,989 | €20,931 | +€6,942 | +49.6% |
| Trade receivables | 40 | €13,989 | €17,495 | +€3,506 | +25.1% |
| Other amounts receivable | 41 | - | €3,436 | +€3,436 | |
| Cash at bank and in hand | 54/58 | €74,961 | €165,965 | +€91,004 | +121.4% |
| Total equity and liabilities | 10/49 | €90,100 | €187,458 | +€97,358 | +108.1% |
| Equity | 10/15 | €73,313 | €168,946 | +€95,633 | +130.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,313 | €163,946 | +€95,633 | +140.0% |
| Distributable reserves | 133 | €68,313 | €163,946 | +€95,633 | +140.0% |
| Amounts payable | 17/49 | €16,787 | €18,512 | +€1,725 | +10.3% |
| Amounts payable within one year | 42/48 | €16,787 | €18,512 | +€1,725 | +10.3% |
| Trade debts | 44 | €1,731 | €500 | -€1,231 | -71.1% |
| Suppliers | 440/4 | €1,731 | €500 | -€1,231 | -71.1% |
| Taxes, remuneration and social security | 45 | €11,788 | €10,353 | -€1,436 | -12.2% |
| Taxes | 450/3 | €11,788 | €10,353 | -€1,436 | -12.2% |
| Other amounts payable | 47/48 | €3,267 | €7,659 | +€4,392 | +134.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,964 | €588 | -€1,376 | -70.1% |
| Other operating charges | 640/8 | €609 | €66 | -€543 | -89.2% |
| Gross operating margin | 9900 | €88,249 | €121,894 | +€33,646 | +38.1% |
| Operating profit (loss) | 9901 | €85,676 | €121,240 | +€35,564 | +41.5% |
| Financial charges | 65/66B | €20 | €44 | +€24 | +122.8% |
| Recurring financial charges | 65 | €20 | €44 | +€24 | +122.8% |
| Profit (loss) for the period before taxes | 9903 | €85,657 | €121,197 | +€35,540 | +41.5% |
| Income taxes | 67/77 | €17,343 | €25,564 | +€8,221 | +47.4% |
| Profit (loss) for the period | 9904 | €68,313 | €95,633 | +€27,319 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,313 | €95,633 | +€27,319 | +40.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.