Cammaert Consulting: what changed
Cammaert Consulting
Largest movements
- Tangible fixed assets -€13,742
down €13,742 (-29.8%), from €46,151 to €32,409
of which Furniture and vehicles: -€14,044
- Receivables within one year +€9,005
up €9,005 (+26.3%), from €34,279 to €43,284
of which Trade receivables: +€9,214
- Cash -€5,977
down €5,977 (-18.0%), from €33,249 to €27,272
mainly Contributions, distributions and other (-€30,000) and Debts after one year (-€12,213)
- Profit (loss) carried forward -€20,000
down €20,000 (-29.8%), from €67,046 to €47,046
- Debts after one year -€12,213
down €12,213 (-45.3%), from €26,972 to €14,759
- Other debts +€9,112
up €9,112 (+1,026%), from €888 to €10,000
- Reserves +€8,946
new in 2025: €8,946
- Tax, wage and social debts +€3,312
up €3,312 (+79.4%), from €4,173 to €7,485
- Gross operating margin +€25,836
up €25,836 (+175%), from €14,779 to €40,615
- Taxes +€4,440
up €4,440 (+1,139%), from €390 to €4,830
- Other operating charges +€482
up €482 (+68.3%), from €706 to €1,189
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,081 | €103,374 | -€10,707 | -9.4% |
| Fixed assets | 21/28 | €46,151 | €32,409 | -€13,742 | -29.8% |
| Tangible fixed assets | 22/27 | €46,151 | €32,409 | -€13,742 | -29.8% |
| Plant, machinery and equipment | 23 | - | €302 | +€302 | |
| Furniture and vehicles | 24 | €46,151 | €32,107 | -€14,044 | -30.4% |
| Current assets | 29/58 | €67,930 | €70,965 | +€3,035 | +4.5% |
| Amounts receivable within one year | 40/41 | €34,279 | €43,284 | +€9,005 | +26.3% |
| Trade receivables | 40 | €24,882 | €34,095 | +€9,214 | +37.0% |
| Other amounts receivable | 41 | €9,398 | €9,188 | -€209 | -2.2% |
| Cash at bank and in hand | 54/58 | €33,249 | €27,272 | -€5,977 | -18.0% |
| Deferred charges and accrued income | 490/1 | €402 | €410 | +€8 | +1.9% |
| Total equity and liabilities | 10/49 | €114,081 | €103,374 | -€10,707 | -9.4% |
| Equity | 10/15 | €69,546 | €58,491 | -€11,054 | -15.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €8,946 | +€8,946 | |
| Distributable reserves | 133 | - | €8,946 | +€8,946 | |
| Profit (loss) carried forward | 14 | €67,046 | €47,046 | -€20,000 | -29.8% |
| Amounts payable | 17/49 | €44,535 | €44,882 | +€347 | +0.8% |
| Amounts payable after more than one year | 17 | €26,972 | €14,759 | -€12,213 | -45.3% |
| Financial debts | 170/4 | €26,972 | €14,759 | -€12,213 | -45.3% |
| Amounts payable within one year | 42/48 | €17,370 | €30,054 | +€12,684 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €11,823 | €12,213 | +€390 | +3.3% |
| Trade debts | 44 | €486 | €356 | -€130 | -26.8% |
| Suppliers | 440/4 | €486 | €356 | -€130 | -26.8% |
| Taxes, remuneration and social security | 45 | €4,173 | €7,485 | +€3,312 | +79.4% |
| Taxes | 450/3 | €4,173 | €7,485 | +€3,312 | +79.4% |
| Other amounts payable | 47/48 | €888 | €10,000 | +€9,112 | +1,026% |
| Accrued charges and deferred income | 492/3 | €192 | €69 | -€123 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,156 | €14,523 | +€367 | +2.6% |
| Other operating charges | 640/8 | €706 | €1,189 | +€482 | +68.3% |
| Non-recurring operating charges | 66A | - | €307 | +€307 | |
| Gross operating margin | 9900 | €14,779 | €40,615 | +€25,836 | +175% |
| Operating profit (loss) | 9901 | -€83 | €24,596 | +€24,679 | |
| Financial income | 75/76B | €135 | €337 | +€202 | +149% |
| Recurring financial income | 75 | €135 | €337 | +€202 | +149% |
| Financial charges | 65/66B | €1,529 | €1,158 | -€372 | -24.3% |
| Recurring financial charges | 65 | €1,529 | €1,158 | -€372 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,477 | €23,776 | +€25,253 | |
| Income taxes | 67/77 | €390 | €4,830 | +€4,440 | +1,139% |
| Profit (loss) for the period | 9904 | -€1,867 | €18,946 | +€20,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,867 | €18,946 | +€20,813 |
Next steps
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 8 November 2026 via checked.be.