CAMPAGNA CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Cash -€26,111
down €26,111 (-29.3%), from €88,983 to €62,872
mainly Receivables within one year (-€25,864) and Tax, wage and social debts (-€8,407)
- Receivables within one year +€25,864
up €25,864 (+32.1%), from €80,595 to €106,459
of which Other amounts receivable: +€29,472
- Trade debts +€9,767
new in 2025: €9,767
- Tax, wage and social debts -€8,407
no longer reported in 2025 (was €8,407)
- Other debts -€2,700
no longer reported in 2025 (was €2,700)
- Gross operating margin -€157,091
down €157,091 (-72.1%), from €218,008 to €60,917
- Staff costs -€13,315
down €13,315 (-19.5%), from €68,443 to €55,128
- Taxes +€4,434
new in 2025: €4,434
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 | €169,578 | €169,331 | -€247 | -0.1% |
| Current assets | 29/58 | €169,578 | €169,331 | -€247 | -0.1% |
| Amounts receivable within one year | 40/41 | €80,595 | €106,459 | +€25,864 | +32.1% |
| Trade receivables | 40 | €3,608 | - | -€3,608 | |
| Other amounts receivable | 41 | €76,987 | €106,459 | +€29,472 | +38.3% |
| Cash at bank and in hand | 54/58 | €88,983 | €62,872 | -€26,111 | -29.3% |
| Total equity and liabilities | 10/49 | €169,578 | €169,331 | -€247 | -0.1% |
| Equity | 10/15 | €158,471 | €159,564 | +€1,093 | +0.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,471 | €149,564 | +€1,093 | +0.7% |
| Amounts payable | 17/49 | €11,107 | €9,767 | -€1,340 | -12.1% |
| Amounts payable within one year | 42/48 | €11,107 | €9,767 | -€1,340 | -12.1% |
| Trade debts | 44 | - | €9,767 | +€9,767 | |
| Suppliers | 440/4 | - | €9,767 | +€9,767 | |
| Taxes, remuneration and social security | 45 | €8,407 | - | -€8,407 | |
| Remuneration and social security | 454/9 | €8,407 | - | -€8,407 | |
| Other amounts payable | 47/48 | €2,700 | - | -€2,700 | |
| Remuneration, social security and pensions | 62 | €68,443 | €55,128 | -€13,315 | -19.5% |
| Other operating charges | 640/8 | €1,069 | €190 | -€879 | -82.2% |
| Gross operating margin | 9900 | €218,008 | €60,917 | -€157,091 | -72.1% |
| Operating profit (loss) | 9901 | €148,496 | €5,599 | -€142,897 | -96.2% |
| Financial charges | 65/66B | €25 | €72 | +€47 | +188.0% |
| Recurring financial charges | 65 | €25 | €72 | +€47 | +188.0% |
| Profit (loss) for the period before taxes | 9903 | €148,471 | €5,527 | -€142,944 | -96.3% |
| Income taxes | 67/77 | - | €4,434 | +€4,434 | |
| Profit (loss) for the period | 9904 | €148,471 | €1,093 | -€147,378 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €148,471 | €1,093 | -€147,378 | -99.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.