CAMPA: 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.
What changed
CAMPA
NACE 26.520, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€15,040
2024 · €15,478-€438
Equity
€831,522
2024 · €816,482+€15,040
Cash
€61,241
2024 · €119,786-€58,545
Balance sheet total
€1.1m
2024 · €1.1m+€40,468
Largest movements
Assets
- Receivables within one year +€109,041
up €109,041 (+30.0%), from €363,646 to €472,687
of which Trade receivables: +€93,738
- Cash -€58,545
down €58,545 (-48.9%), from €119,786 to €61,241
mainly Receivables within one year (-€109,041) and Investment in fixed assets (net) (-€25,551)
- Tangible fixed assets +€13,288
up €13,288 (+30.2%), from €44,041 to €57,329
of which Plant, machinery and equipment: +€22,439
Equity and liabilities
- Trade debts +€30,982
up €30,982 (+28.8%), from €107,477 to €138,458
- Profit (loss) carried forward +€18,320
up €18,320 (+51.0%), from €35,932 to €54,252
Income statement
- Gross operating margin +€24,467
up €24,467 (+4.7%), from €518,205 to €542,671
- Staff costs +€19,534
up €19,534 (+4.2%), from €469,635 to €489,169
- Financial income -€10,260
down €10,260 (-99.7%), from €10,293 to €33
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.
Result 2024
€15,478
Gross operating margin
+€24,467
Staff costs
-€19,534
Depreciation
+€1,488
Other operating charges
-€94
Other operating items
+€3,552
Financial income
-€10,260
Financial charges
+€722
Taxes
-€290
Deferred taxes and other
-€490
Result 2025
€15,040
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€32,994
Investment
-€25,551
Financing
€0
Cash 2024
€119,786
From operations (derived)
-€32,994
Net result for the year
+€15,040
Depreciation
+€14,722
Stocks and contracts
+€10,355
Receivables within one year
-€109,041
Deferred charges and accrued income
+€10,503
Provisions
+€2,855
Trade debts
+€30,982
Tax, wage and social debts
-€8,409
Investment (derived)
-€25,551
Investment in fixed assets (net)
-€25,551
Cash 2025
€61,241
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,067,224 | €1,107,692 | +€40,468 | +3.8% |
| Fixed assets | 21/28 | €113,914 | €124,744 | +€10,829 | +9.5% |
| Tangible fixed assets | 22/27 | €44,041 | €57,329 | +€13,288 | +30.2% |
| Land and buildings | 22 | €19,132 | €18,422 | -€711 | -3.7% |
| Plant, machinery and equipment | 23 | €8,423 | €30,862 | +€22,439 | +266% |
| Furniture and vehicles | 24 | €16,486 | €8,045 | -€8,440 | -51.2% |
| Financial fixed assets | 28 | €69,874 | €67,415 | -€2,459 | -3.5% |
| Current assets | 29/58 | €953,310 | €982,948 | +€29,638 | +3.1% |
| Stocks and contracts in progress | 3 | €456,159 | €445,804 | -€10,355 | -2.3% |
| Stocks | 30/36 | €456,159 | €445,804 | -€10,355 | -2.3% |
| Amounts receivable within one year | 40/41 | €363,646 | €472,687 | +€109,041 | +30.0% |
| Trade receivables | 40 | €356,262 | €450,000 | +€93,738 | +26.3% |
| Other amounts receivable | 41 | €7,384 | €22,687 | +€15,303 | +207% |
| Cash at bank and in hand | 54/58 | €119,786 | €61,241 | -€58,545 | -48.9% |
| Deferred charges and accrued income | 490/1 | €13,719 | €3,216 | -€10,503 | -76.6% |
| Total equity and liabilities | 10/49 | €1,067,224 | €1,107,692 | +€40,468 | +3.8% |
| Equity | 10/15 | €816,482 | €831,522 | +€15,040 | +1.8% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Capital | 10 | €310,000 | €310,000 | = | 0.0% |
| Issued capital | 100 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €470,550 | €467,270 | -€3,280 | -0.7% |
| Non-distributable reserves | 130/1 | €31,000 | €31,000 | = | 0.0% |
| Legal reserve | 130 | €31,000 | €31,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,242 | €961 | -€3,280 | -77.3% |
| Distributable reserves | 133 | €435,309 | €435,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,932 | €54,252 | +€18,320 | +51.0% |
| Provisions and deferred taxes | 16 | €51,594 | €54,449 | +€2,855 | +5.5% |
| Provisions for liabilities and charges | 160/5 | €50,180 | €54,129 | +€3,949 | +7.9% |
| Major repairs and maintenance | 162 | €50,180 | €54,129 | +€3,949 | +7.9% |
| Deferred taxes | 168 | €1,414 | €320 | -€1,093 | -77.3% |
| Amounts payable | 17/49 | €199,148 | €221,720 | +€22,573 | +11.3% |
| Amounts payable within one year | 42/48 | €199,148 | €221,720 | +€22,573 | +11.3% |
| Trade debts | 44 | €107,477 | €138,458 | +€30,982 | +28.8% |
| Suppliers | 440/4 | €107,477 | €138,458 | +€30,982 | +28.8% |
| Taxes, remuneration and social security | 45 | €91,671 | €83,262 | -€8,409 | -9.2% |
| Taxes | 450/3 | €26,764 | €23,818 | -€2,946 | -11.0% |
| Remuneration and social security | 454/9 | €64,907 | €59,444 | -€5,463 | -8.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €4,545 | €0 | -€4,545 | -100% |
| Remuneration, social security and pensions | 62 | €469,635 | €489,169 | +€19,534 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,210 | €14,722 | -€1,488 | -9.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €7,551 | €7,645 | +€94 | +1.2% |
| Non-recurring operating charges | 66A | €9,960 | €6,408 | -€3,552 | -35.7% |
| Gross operating margin | 9900 | €518,205 | €542,671 | +€24,467 | +4.7% |
| Operating profit (loss) | 9901 | €14,850 | €24,729 | +€9,879 | +66.5% |
| Financial income | 75/76B | €10,293 | €33 | -€10,260 | -99.7% |
| Recurring financial income | 75 | €10,293 | €33 | -€10,260 | -99.7% |
| Financial charges | 65/66B | €2,206 | €1,484 | -€722 | -32.7% |
| Recurring financial charges | 65 | €2,206 | €1,484 | -€722 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €22,937 | €23,278 | +€342 | +1.5% |
| Transfer from deferred taxes | 780 | €1,584 | €1,093 | -€490 | -30.9% |
| Income taxes | 67/77 | €9,042 | €9,332 | +€290 | +3.2% |
| Profit (loss) for the period | 9904 | €15,478 | €15,040 | -€438 | -2.8% |
| Transfer from tax-exempt reserves | 789 | €4,751 | €3,280 | -€1,470 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,229 | €18,320 | -€1,909 | -9.4% |
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 23 October 2026 via checked.be.