CAMPING ARDENNEN: 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.
CAMPING ARDENNEN
Largest movements
- Receivables within one year -€29,283
down €29,283 (-18.5%), from €158,034 to €128,752
of which Trade receivables: -€32,947
- Cash -€2,858
down €2,858 (-48.9%), from €5,844 to €2,986
mainly Net result for the year (-€32,540) and Trade debts (-€8,017)
- Profit (loss) carried forward -€32,540
down €32,540 (-230%), from -€14,154 to -€46,695
- Debts after one year +€12,000
up €12,000 (+41.0%), from €29,253 to €41,253
of which Financial debts: +€12,000
- Trade debts -€8,017
down €8,017 (-5.7%), from €139,598 to €131,582
- Tax, wage and social debts -€4,468
down €4,468 (-89.9%), from €4,968 to €500
of which Taxes: -€4,468
- Write-downs -€57,179
down €57,179 (-71.6%), from €79,856 to €22,677
- Financial charges +€1,219
up €1,219 (+154%), from €792 to €2,010
- Gross operating margin +€550
up €550 (+6.9%), from -€7,957 to -€7,406
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 | €166,709 | €133,381 | -€33,328 | -20.0% |
| Fixed assets | 21/28 | €2,808 | €1,618 | -€1,190 | -42.4% |
| Tangible fixed assets | 22/27 | €2,808 | €1,618 | -€1,190 | -42.4% |
| Plant, machinery and equipment | 23 | €2,808 | €1,618 | -€1,190 | -42.4% |
| Current assets | 29/58 | €163,901 | €131,763 | -€32,138 | -19.6% |
| Amounts receivable within one year | 40/41 | €158,034 | €128,752 | -€29,283 | -18.5% |
| Trade receivables | 40 | €98,372 | €65,425 | -€32,947 | -33.5% |
| Other amounts receivable | 41 | €59,662 | €63,327 | +€3,665 | +6.1% |
| Cash at bank and in hand | 54/58 | €5,844 | €2,986 | -€2,858 | -48.9% |
| Deferred charges and accrued income | 490/1 | €23 | €25 | +€2 | +9.5% |
| Total equity and liabilities | 10/49 | €166,709 | €133,381 | -€33,328 | -20.0% |
| Equity | 10/15 | -€8,154 | -€40,695 | -€32,540 | -399% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,154 | -€46,695 | -€32,540 | -230% |
| Amounts payable | 17/49 | €174,863 | €174,076 | -€788 | -0.5% |
| Amounts payable after more than one year | 17 | €29,253 | €41,253 | +€12,000 | +41.0% |
| Financial debts | 170/4 | €19,000 | €31,000 | +€12,000 | +63.2% |
| Other amounts payable | 178/9 | €10,253 | €10,253 | = | 0.0% |
| Amounts payable within one year | 42/48 | €144,566 | €132,082 | -€12,484 | -8.6% |
| Trade debts | 44 | €139,598 | €131,582 | -€8,017 | -5.7% |
| Suppliers | 440/4 | €139,598 | €131,582 | -€8,017 | -5.7% |
| Taxes, remuneration and social security | 45 | €4,968 | €500 | -€4,468 | -89.9% |
| Taxes | 450/3 | €4,468 | €0 | -€4,468 | -100% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,044 | €741 | -€303 | -29.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €1,190 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €79,856 | €22,677 | -€57,179 | -71.6% |
| Other operating charges | 640/8 | €830 | €813 | -€17 | -2.0% |
| Gross operating margin | 9900 | -€7,957 | -€7,406 | +€550 | +6.9% |
| Operating profit (loss) | 9901 | -€89,833 | -€32,087 | +€57,746 | +64.3% |
| Financial income | 75/76B | €1,562 | €1,557 | -€6 | -0.4% |
| Recurring financial income | 75 | €1,562 | €1,557 | -€6 | -0.4% |
| Financial charges | 65/66B | €792 | €2,010 | +€1,219 | +154% |
| Recurring financial charges | 65 | €792 | €2,010 | +€1,219 | +154% |
| Profit (loss) for the period before taxes | 9903 | -€89,062 | -€32,540 | +€56,522 | +63.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€89,062 | -€32,540 | +€56,522 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,062 | -€32,540 | +€56,522 | +63.5% |
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 27 October 2026 via checked.be.