CAMMA: 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.
CAMMA
Largest movements
- Receivables within one year -€60,316
down €60,316 (-97.2%), from €62,066 to €1,749
of which Other amounts receivable: -€49,789
- Cash -€13,609
down €13,609 (-31.6%), from €43,002 to €29,393
mainly Other debts (-€80,643) and Contributions, distributions and other (-€19,389)
- Tangible fixed assets -€5,862
down €5,862 (-70.6%), from €8,304 to €2,442
of which Furniture and vehicles: -€5,539
- Other debts -€80,643
down €80,643 (-75.6%), from €106,724 to €26,082
- Gross operating margin -€16,011
down €16,011 (-30.9%), from €51,734 to €35,723
- Taxes -€3,946
down €3,946 (-30.0%), from €13,159 to €9,213
- Financial income -€1,017
down €1,017 (-74.9%), from €1,357 to €340
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 | €113,873 | €34,189 | -€79,684 | -70.0% |
| Fixed assets | 21/28 | €8,304 | €2,442 | -€5,862 | -70.6% |
| Tangible fixed assets | 22/27 | €8,304 | €2,442 | -€5,862 | -70.6% |
| Plant, machinery and equipment | 23 | €323 | €0 | -€323 | -100.0% |
| Furniture and vehicles | 24 | €7,981 | €2,442 | -€5,539 | -69.4% |
| Current assets | 29/58 | €105,569 | €31,748 | -€73,822 | -69.9% |
| Amounts receivable within one year | 40/41 | €62,066 | €1,749 | -€60,316 | -97.2% |
| Trade receivables | 40 | €10,527 | €0 | -€10,527 | -100.0% |
| Other amounts receivable | 41 | €51,539 | €1,749 | -€49,789 | -96.6% |
| Cash at bank and in hand | 54/58 | €43,002 | €29,393 | -€13,609 | -31.6% |
| Deferred charges and accrued income | 490/1 | €502 | €605 | +€103 | +20.6% |
| Total equity and liabilities | 10/49 | €113,873 | €34,189 | -€79,684 | -70.0% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,873 | €32,189 | -€79,684 | -71.2% |
| Amounts payable within one year | 42/48 | €111,873 | €32,189 | -€79,684 | -71.2% |
| Trade debts | 44 | €1,021 | €899 | -€122 | -11.9% |
| Suppliers | 440/4 | €1,021 | €899 | -€122 | -11.9% |
| Taxes, remuneration and social security | 45 | €4,128 | €5,209 | +€1,081 | +26.2% |
| Taxes | 450/3 | €4,128 | €5,209 | +€1,081 | +26.2% |
| Other amounts payable | 47/48 | €106,724 | €26,082 | -€80,643 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,943 | €5,862 | -€81 | -1.4% |
| Other operating charges | 640/8 | €1,151 | €1,189 | +€38 | +3.3% |
| Gross operating margin | 9900 | €51,734 | €35,723 | -€16,011 | -30.9% |
| Operating profit (loss) | 9901 | €44,641 | €28,672 | -€15,968 | -35.8% |
| Financial income | 75/76B | €1,357 | €340 | -€1,017 | -74.9% |
| Recurring financial income | 75 | €1,357 | €340 | -€1,017 | -74.9% |
| Financial charges | 65/66B | €434 | €410 | -€23 | -5.4% |
| Recurring financial charges | 65 | €434 | €410 | -€23 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €45,564 | €28,602 | -€16,962 | -37.2% |
| Income taxes | 67/77 | €13,159 | €9,213 | -€3,946 | -30.0% |
| Profit (loss) for the period | 9904 | €32,405 | €19,389 | -€13,016 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,405 | €19,389 | -€13,016 | -40.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.