CAMPANA: 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.
CAMPANA
Largest movements
- Cash -€2,015
down €2,015 (-4.0%), from €50,270 to €48,255
mainly Accrued charges and deferred income (-€3,900)
- Accrued charges and deferred income -€3,900
down €3,900 (-46.4%), from €8,400 to €4,500
- Reserves +€1,804
up €1,804 (+4.4%), from €41,105 to €42,909
- Gross operating margin -€78,697
down €78,697 (-53.5%), from €147,101 to €68,404
- Other operating charges -€74,871
down €74,871 (-52.9%), from €141,471 to €66,600
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 | €50,505 | €48,409 | -€2,096 | -4.2% |
| Current assets | 29/58 | €50,505 | €48,409 | -€2,096 | -4.2% |
| Amounts receivable within one year | 40/41 | €235 | €154 | -€81 | -34.5% |
| Other amounts receivable | 41 | €235 | €154 | -€81 | -34.5% |
| Cash at bank and in hand | 54/58 | €50,270 | €48,255 | -€2,015 | -4.0% |
| Total equity and liabilities | 10/49 | €50,505 | €48,409 | -€2,096 | -4.2% |
| Equity | 10/15 | €42,105 | €43,909 | +€1,804 | +4.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €41,105 | €42,909 | +€1,804 | +4.4% |
| Distributable reserves | 133 | €41,105 | €42,909 | +€1,804 | +4.4% |
| Amounts payable | 17/49 | €8,400 | €4,500 | -€3,900 | -46.4% |
| Accrued charges and deferred income | 492/3 | €8,400 | €4,500 | -€3,900 | -46.4% |
| Other operating charges | 640/8 | €141,471 | €66,600 | -€74,871 | -52.9% |
| Gross operating margin | 9900 | €147,101 | €68,404 | -€78,697 | -53.5% |
| Operating profit (loss) | 9901 | €5,630 | €1,804 | -€3,826 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | €5,630 | €1,804 | -€3,826 | -68.0% |
| Profit (loss) for the period | 9904 | €5,630 | €1,804 | -€3,826 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,630 | €1,804 | -€3,826 | -68.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.