CAMMY: 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.
CAMMY
Largest movements
- Financial fixed assets -€184,430
down €184,430 (-13.6%), from €1.4m to €1.2m
- Cash -€19,916
down €19,916 (-69.9%), from €28,508 to €8,593
mainly Debts after one year (-€138,592) and Net result for the year (-€53,646)
- Receivables within one year +€18,302
up €18,302 (+33.0%), from €55,470 to €73,772
- Debts after one year -€138,592
down €138,592 (-18.4%), from €755,128 to €616,536
- Profit (loss) carried forward -€53,646
down €53,646 (-19.7%), from €272,011 to €218,365
- Financial charges +€176,868
up €176,868 (+423%), from €41,768 to €218,636
of which Non-recurring financial charges: +€184,430
- Financial income -€33,621
down €33,621 (-16.7%), from €201,002 to €167,381
- Gross operating margin -€23,306
down €23,306 (-88.4%), from €26,374 to €3,068
- Taxes -€3,828
down €3,828 (-93.5%), from €4,093 to €265
- Other operating charges +€1,483
up €1,483 (+62.5%), from €2,374 to €3,857
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 | €1,454,220 | €1,267,660 | -€186,560 | -12.8% |
| Fixed assets | 21/28 | €1,368,849 | €1,184,440 | -€184,409 | -13.5% |
| Tangible fixed assets | 22/27 | €9,419 | €9,440 | +€21 | +0.2% |
| Furniture and vehicles | 24 | €1,254 | €2,225 | +€971 | +77.5% |
| Other tangible fixed assets | 26 | €8,166 | €7,215 | -€950 | -11.6% |
| Financial fixed assets | 28 | €1,359,430 | €1,175,000 | -€184,430 | -13.6% |
| Current assets | 29/58 | €85,371 | €83,220 | -€2,151 | -2.5% |
| Amounts receivable within one year | 40/41 | €55,470 | €73,772 | +€18,302 | +33.0% |
| Other amounts receivable | 41 | €55,470 | €73,772 | +€18,302 | +33.0% |
| Cash at bank and in hand | 54/58 | €28,508 | €8,593 | -€19,916 | -69.9% |
| Deferred charges and accrued income | 490/1 | €1,392 | €855 | -€537 | -38.6% |
| Total equity and liabilities | 10/49 | €1,454,220 | €1,267,660 | -€186,560 | -12.8% |
| Equity | 10/15 | €554,681 | €501,036 | -€53,646 | -9.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €264,121 | €264,121 | = | 0.0% |
| Distributable reserves | 133 | €264,121 | €264,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,011 | €218,365 | -€53,646 | -19.7% |
| Amounts payable | 17/49 | €899,539 | €766,625 | -€132,914 | -14.8% |
| Amounts payable after more than one year | 17 | €755,128 | €616,536 | -€138,592 | -18.4% |
| Financial debts | 170/4 | €755,128 | €616,536 | -€138,592 | -18.4% |
| Amounts payable within one year | 42/48 | €144,411 | €150,089 | +€5,678 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €143,093 | €148,592 | +€5,499 | +3.8% |
| Trade debts | 44 | €1,246 | €1,301 | +€55 | +4.4% |
| Suppliers | 440/4 | €1,246 | €1,301 | +€55 | +4.4% |
| Taxes, remuneration and social security | 45 | €72 | €196 | +€124 | +173% |
| Taxes | 450/3 | €72 | €196 | +€124 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,606 | €1,336 | -€271 | -16.8% |
| Other operating charges | 640/8 | €2,374 | €3,857 | +€1,483 | +62.5% |
| Gross operating margin | 9900 | €26,374 | €3,068 | -€23,306 | -88.4% |
| Operating profit (loss) | 9901 | €22,393 | -€2,125 | -€24,519 | |
| Financial income | 75/76B | €201,002 | €167,381 | -€33,621 | -16.7% |
| Recurring financial income | 75 | €201,002 | €167,381 | -€33,621 | -16.7% |
| Financial charges | 65/66B | €41,768 | €218,636 | +€176,868 | +423% |
| Recurring financial charges | 65 | €41,768 | €34,206 | -€7,562 | -18.1% |
| Non-recurring financial charges | 66B | - | €184,430 | +€184,430 | |
| Profit (loss) for the period before taxes | 9903 | €181,627 | -€53,380 | -€235,008 | |
| Income taxes | 67/77 | €4,093 | €265 | -€3,828 | -93.5% |
| Profit (loss) for the period | 9904 | €177,534 | -€53,646 | -€231,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €177,534 | -€53,646 | -€231,180 |
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 30 October 2026 via checked.be.