CAMMCO: 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.
CAMMCO
Largest movements
- Stocks and contracts -€46,811
no longer reported in 2026 (was €46,811)
- Cash -€6,358
no longer reported in 2026 (was €6,358)
mainly Net result for the year (-€47,396) and Short-term financial debts (-€4,586)
- Profit (loss) carried forward -€47,396
down €47,396, from €38,534 to -€8,862
- Short-term financial debts -€4,586
no longer reported in 2026 (was €4,586)
- Write-downs +€46,811
new in 2026: €46,811
- Gross operating margin -€398
down €398 (-24.3%), from -€1,641 to -€2,039
- Financial charges -€239
no longer reported in 2026 (was €239)
- Other operating charges +€233
up €233 (+74.1%), from €315 to €548
- Financial income -€41
down €41 (-2.0%), from €2,043 to €2,002
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,325 | €66,198 | -€52,126 | -44.1% |
| Current assets | 29/58 | €118,325 | €66,198 | -€52,126 | -44.1% |
| Amounts receivable after more than one year | 29 | €42,432 | €43,246 | +€814 | +1.9% |
| Other amounts receivable | 291 | €42,432 | €43,246 | +€814 | +1.9% |
| Stocks and contracts in progress | 3 | €46,811 | - | -€46,811 | |
| Stocks | 30/36 | €46,811 | - | -€46,811 | |
| Amounts receivable within one year | 40/41 | €22,723 | €22,952 | +€229 | +1.0% |
| Other amounts receivable | 41 | €22,723 | €22,952 | +€229 | +1.0% |
| Cash at bank and in hand | 54/58 | €6,358 | - | -€6,358 | |
| Total equity and liabilities | 10/49 | €118,325 | €66,198 | -€52,126 | -44.1% |
| Equity | 10/15 | €113,594 | €66,198 | -€47,396 | -41.7% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €56,860 | €56,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €55,000 | €56,860 | +€1,860 | +3.4% |
| Profit (loss) carried forward | 14 | €38,534 | -€8,862 | -€47,396 | |
| Amounts payable | 17/49 | €4,730 | - | -€4,730 | |
| Amounts payable within one year | 42/48 | €4,730 | - | -€4,730 | |
| Financial debts | 43 | €4,586 | - | -€4,586 | |
| Credit institutions | 430/8 | €4,586 | - | -€4,586 | |
| Trade debts | 44 | €144 | - | -€144 | |
| Suppliers | 440/4 | €144 | - | -€144 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €46,811 | +€46,811 | |
| Other operating charges | 640/8 | €315 | €548 | +€233 | +74.1% |
| Gross operating margin | 9900 | -€1,641 | -€2,039 | -€398 | -24.3% |
| Operating profit (loss) | 9901 | -€1,955 | -€49,398 | -€47,442 | -2,426% |
| Financial income | 75/76B | €2,043 | €2,002 | -€41 | -2.0% |
| Recurring financial income | 75 | €2,043 | €2,002 | -€41 | -2.0% |
| Financial charges | 65/66B | €239 | - | -€239 | |
| Recurring financial charges | 65 | €239 | - | -€239 | |
| Profit (loss) for the period before taxes | 9903 | -€152 | -€47,396 | -€47,244 | -31,154% |
| Profit (loss) for the period | 9904 | -€152 | -€47,396 | -€47,244 | -31,154% |
| Profit (loss) for the period to be appropriated | 9905 | -€152 | -€47,396 | -€47,244 | -31,154% |
Source: filed annual accounts (NBB), financial years ended 30 September 2025 and 25 September 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.