Camp IV: 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.
Camp IV
Largest movements
- Stocks and contracts +€45,641
up €45,641 (+16.7%), from €273,616 to €319,257
- Cash -€7,256
down €7,256 (-89.0%), from €8,150 to €894
mainly Stocks and contracts (-€45,641) and Contributions, distributions and other (-€21,500)
- Other debts +€49,454
up €49,454 (+38.8%), from €127,502 to €176,956
- Tax, wage and social debts -€10,015
down €10,015 (-41.4%), from €24,174 to €14,159
- Trade debts -€8,763
down €8,763 (-10.4%), from €83,872 to €75,109
- Profit (loss) carried forward +€5,865
up €5,865 (+17.2%), from €34,079 to €39,944
- Advances received +€3,376
new in 2023: €3,376
- Other operating charges -€5,997
down €5,997 (-84.3%), from €7,111 to €1,114
- Gross operating margin +€2,041
up €2,041 (+6.5%), from €31,540 to €33,581
- Taxes +€1,824
up €1,824 (+853%), from €214 to €2,037
- Financial income -€851
down €851 (-90.3%), from €943 to €91
- Depreciation -€721
down €721 (-20.4%), from €3,543 to €2,822
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,575 | €333,176 | +€42,602 | +14.7% |
| Fixed assets | 21/28 | €4,036 | €5,878 | +€1,842 | +45.6% |
| Tangible fixed assets | 22/27 | €4,036 | €5,878 | +€1,842 | +45.6% |
| Plant, machinery and equipment | 23 | €979 | €748 | -€231 | -23.6% |
| Furniture and vehicles | 24 | €3,058 | €5,130 | +€2,073 | +67.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €286,539 | €327,298 | +€40,760 | +14.2% |
| Stocks and contracts in progress | 3 | €273,616 | €319,257 | +€45,641 | +16.7% |
| Stocks | 30/36 | €273,616 | €319,257 | +€45,641 | +16.7% |
| Amounts receivable within one year | 40/41 | €4,680 | €7,147 | +€2,467 | +52.7% |
| Trade receivables | 40 | €4,680 | €7,147 | +€2,467 | +52.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,150 | €894 | -€7,256 | -89.0% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €290,575 | €333,176 | +€42,602 | +14.7% |
| Equity | 10/15 | €55,027 | €60,892 | +€5,865 | +10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €949 | €949 | = | 0.0% |
| Non-distributable reserves | 130/1 | €949 | €949 | = | 0.0% |
| Reserves not available under the articles | 1311 | €949 | €949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,079 | €39,944 | +€5,865 | +17.2% |
| Amounts payable | 17/49 | €235,547 | €272,284 | +€36,737 | +15.6% |
| Amounts payable within one year | 42/48 | €235,547 | €269,600 | +€34,053 | +14.5% |
| Trade debts | 44 | €83,872 | €75,109 | -€8,763 | -10.4% |
| Suppliers | 440/4 | €83,872 | €75,109 | -€8,763 | -10.4% |
| Advances received on contracts in progress | 46 | - | €3,376 | +€3,376 | |
| Taxes, remuneration and social security | 45 | €24,174 | €14,159 | -€10,015 | -41.4% |
| Taxes | 450/3 | €24,174 | €14,159 | -€10,015 | -41.4% |
| Other amounts payable | 47/48 | €127,502 | €176,956 | +€49,454 | +38.8% |
| Accrued charges and deferred income | 492/3 | - | €2,684 | +€2,684 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €2,822 | -€721 | -20.4% |
| Other operating charges | 640/8 | €7,111 | €1,114 | -€5,997 | -84.3% |
| Gross operating margin | 9900 | €31,540 | €33,581 | +€2,041 | +6.5% |
| Operating profit (loss) | 9901 | €20,887 | €29,645 | +€8,759 | +41.9% |
| Financial income | 75/76B | €943 | €91 | -€851 | -90.3% |
| Recurring financial income | 75 | €943 | €91 | -€851 | -90.3% |
| Financial charges | 65/66B | €151 | €334 | +€183 | +121% |
| Recurring financial charges | 65 | €151 | €334 | +€183 | +121% |
| Profit (loss) for the period before taxes | 9903 | €21,678 | €29,402 | +€7,724 | +35.6% |
| Income taxes | 67/77 | €214 | €2,037 | +€1,824 | +853% |
| Profit (loss) for the period | 9904 | €21,464 | €27,365 | +€5,901 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,464 | €27,365 | +€5,901 | +27.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.