CAMPING THALASSA: 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.
CAMPING THALASSA
Largest movements
- Tangible fixed assets -€473,585
down €473,585 (-29.9%), from €1.6m to €1.1m
of which Land and buildings: -€398,305
- Financial fixed assets +€321,750
new in 2025: €321,750
- Current investments -€75,000
down €75,000 (-37.5%), from €200,000 to €125,000
- Deferred charges and accrued income -€31,361
down €31,361 (-88.0%), from €35,618 to €4,257
- Receivables within one year +€27,115
up €27,115 (+124.6%), from €21,768 to €48,883
of which Other amounts receivable: +€24,286
- Debts after one year -€117,222
down €117,222 (-45.0%), from €260,492 to €143,270
of which Other amounts payable: -€117,222
- Trade debts -€101,300
down €101,300 (-80.1%), from €126,447 to €25,147
- Reserves +€41,193
up €41,193 (+2.9%), from €1.4m to €1.5m
of which Distributable reserves: +€43,205
- Tax, wage and social debts -€25,264
down €25,264 (-57.5%), from €43,941 to €18,678
of which Taxes: -€21,700
- Current portion of long-term debt -€22,176
down €22,176 (-100.0%), from €22,176 to €0
- Gross operating margin -€58,378
down €58,378 (-7.8%), from €750,357 to €691,979
- Staff costs -€24,308
down €24,308 (-14.4%), from €169,026 to €144,718
- Taxes -€24,173
down €24,173 (-71.4%), from €33,873 to €9,700
- Financial charges -€9,403
down €9,403 (-28.4%), from €33,118 to €23,715
- Depreciation -€7,818
down €7,818 (-3.6%), from €215,246 to €207,428
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 | €1,894,955 | €1,670,213 | -€224,742 | -11.9% |
| Fixed assets | 21/28 | €1,585,815 | €1,433,980 | -€151,835 | -9.6% |
| Tangible fixed assets | 22/27 | €1,585,815 | €1,112,230 | -€473,585 | -29.9% |
| Land and buildings | 22 | €958,346 | €560,041 | -€398,305 | -41.6% |
| Plant, machinery and equipment | 23 | €594,145 | €529,879 | -€64,266 | -10.8% |
| Furniture and vehicles | 24 | €33,324 | €22,309 | -€11,015 | -33.1% |
| Financial fixed assets | 28 | - | €321,750 | +€321,750 | |
| Current assets | 29/58 | €309,140 | €236,233 | -€72,907 | -23.6% |
| Amounts receivable after more than one year | 29 | €1,081 | €1,081 | = | 0.0% |
| Other amounts receivable | 291 | €1,081 | €1,081 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,722 | €6,408 | +€686 | +12.0% |
| Stocks | 30/36 | €5,722 | €6,408 | +€686 | +12.0% |
| Amounts receivable within one year | 40/41 | €21,768 | €48,883 | +€27,115 | +124.6% |
| Trade receivables | 40 | €14,856 | €17,685 | +€2,829 | +19.0% |
| Other amounts receivable | 41 | €6,912 | €31,198 | +€24,286 | +351.3% |
| Current investments | 50/53 | €200,000 | €125,000 | -€75,000 | -37.5% |
| Cash at bank and in hand | 54/58 | €44,951 | €50,604 | +€5,654 | +12.6% |
| Deferred charges and accrued income | 490/1 | €35,618 | €4,257 | -€31,361 | -88.0% |
| Total equity and liabilities | 10/49 | €1,894,955 | €1,670,213 | -€224,742 | -11.9% |
| Equity | 10/15 | €1,441,898 | €1,483,092 | +€41,193 | +2.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,423,306 | €1,464,500 | +€41,193 | +2.9% |
| Non-distributable reserves | 130/1 | €2,012 | €0 | -€2,012 | -100.0% |
| Reserves not available under the articles | 1311 | €2,012 | €0 | -€2,012 | -100.0% |
| Tax-exempt reserves | 132 | €60,083 | €60,083 | = | 0.0% |
| Distributable reserves | 133 | €1,361,212 | €1,404,417 | +€43,205 | +3.2% |
| Amounts payable | 17/49 | €453,056 | €187,121 | -€265,935 | -58.7% |
| Amounts payable after more than one year | 17 | €260,492 | €143,270 | -€117,222 | -45.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €260,492 | €143,270 | -€117,222 | -45.0% |
| Amounts payable within one year | 42/48 | €192,564 | €43,824 | -€148,740 | -77.2% |
| Current portion of amounts payable after more than one year | 42 | €22,176 | €0 | -€22,176 | -100.0% |
| Trade debts | 44 | €126,447 | €25,147 | -€101,300 | -80.1% |
| Suppliers | 440/4 | €126,447 | €25,147 | -€101,300 | -80.1% |
| Taxes, remuneration and social security | 45 | €43,941 | €18,678 | -€25,264 | -57.5% |
| Taxes | 450/3 | €25,768 | €4,068 | -€21,700 | -84.2% |
| Remuneration and social security | 454/9 | €18,173 | €14,609 | -€3,564 | -19.6% |
| Accrued charges and deferred income | 492/3 | €0 | €26 | +€26 | |
| Remuneration, social security and pensions | 62 | €169,026 | €144,718 | -€24,308 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215,246 | €207,428 | -€7,818 | -3.6% |
| Other operating charges | 640/8 | €192,663 | €197,419 | +€4,757 | +2.5% |
| Non-recurring operating charges | 66A | €2,966 | €74,250 | +€71,284 | +2403.3% |
| Gross operating margin | 9900 | €750,357 | €691,979 | -€58,378 | -7.8% |
| Operating profit (loss) | 9901 | €170,455 | €68,164 | -€102,292 | -60.0% |
| Financial income | 75/76B | €5,337 | €6,445 | +€1,108 | +20.8% |
| Recurring financial income | 75 | €5,337 | €6,445 | +€1,108 | +20.8% |
| Financial charges | 65/66B | €33,118 | €23,715 | -€9,403 | -28.4% |
| Recurring financial charges | 65 | €33,118 | €23,715 | -€9,403 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €142,675 | €50,893 | -€91,781 | -64.3% |
| Income taxes | 67/77 | €33,873 | €9,700 | -€24,173 | -71.4% |
| Profit (loss) for the period | 9904 | €108,802 | €41,193 | -€67,608 | -62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €108,802 | €41,193 | -€67,608 | -62.1% |
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 28 September 2026 via checked.be.