Campagna: 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.
Campagna
Largest movements
- Cash -€7,856
down €7,856 (-16.0%), from €49,103 to €41,247
mainly Trade debts (-€5,262) and Net result for the year (-€2,608)
- Deferred charges and accrued income +€1,808
up €1,808 (+239.1%), from €756 to €2,564
- Tangible fixed assets -€720
down €720 (-3.5%), from €20,441 to €19,720
- Trade debts -€5,262
down €5,262 (-71.2%), from €7,392 to €2,130
- Profit (loss) carried forward -€2,608
down €2,608 (-12.6%), from -€20,741 to -€23,349
- Other debts +€1,102
up €1,102 (+5.1%), from €21,676 to €22,777
- Gross operating margin -€5,950
down €5,950 (-99.7%), from €5,971 to €20
- Financial charges +€129
up €129 (+88.4%), from €146 to €276
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.
Cash bridge derived
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 | €70,300 | €63,532 | -€6,769 | -9.6% |
| Fixed assets | 21/28 | €20,441 | €19,720 | -€720 | -3.5% |
| Tangible fixed assets | 22/27 | €20,441 | €19,720 | -€720 | -3.5% |
| Land and buildings | 22 | €20,441 | €19,720 | -€720 | -3.5% |
| Current assets | 29/58 | €49,860 | €43,811 | -€6,048 | -12.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €49,103 | €41,247 | -€7,856 | -16.0% |
| Deferred charges and accrued income | 490/1 | €756 | €2,564 | +€1,808 | +239.1% |
| Total equity and liabilities | 10/49 | €70,300 | €63,532 | -€6,769 | -9.6% |
| Equity | 10/15 | €41,232 | €38,625 | -€2,608 | -6.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,741 | -€23,349 | -€2,608 | -12.6% |
| Amounts payable | 17/49 | €29,068 | €24,907 | -€4,161 | -14.3% |
| Amounts payable within one year | 42/48 | €29,068 | €24,907 | -€4,161 | -14.3% |
| Trade debts | 44 | €7,392 | €2,130 | -€5,262 | -71.2% |
| Suppliers | 440/4 | €7,392 | €2,130 | -€5,262 | -71.2% |
| Other amounts payable | 47/48 | €21,676 | €22,777 | +€1,102 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €720 | -€18 | -2.4% |
| Other operating charges | 640/8 | €1,625 | €1,668 | +€43 | +2.6% |
| Gross operating margin | 9900 | €5,971 | €20 | -€5,950 | -99.7% |
| Operating profit (loss) | 9901 | €3,608 | -€2,368 | -€5,975 | |
| Financial income | 75/76B | €1 | €36 | +€35 | +5250.7% |
| Recurring financial income | 75 | €1 | €36 | +€35 | +5250.7% |
| Financial charges | 65/66B | €146 | €276 | +€129 | +88.4% |
| Recurring financial charges | 65 | €146 | €276 | +€129 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €3,462 | -€2,608 | -€6,070 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €3,462 | -€2,608 | -€6,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,462 | -€2,608 | -€6,069 |
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 11 October 2026 via checked.be.