CAMPING WESTENDE: what changed
What changed
CAMPING WESTENDE
NACE 55.300, Accommodation
filed annual accounts (NBB)
Net result for the year
€400,274
2024 · €438,084-€37,810
Equity
€2.3m
2024 · €1.9m+€306,540
Cash
€1.4m
2024 · €1.3m+€152,227
Balance sheet total
€2.6m
2024 · €2.2m+€354,576
Largest movements
Assets
- Tangible fixed assets +€250,115
up €250,115 (+35.7%), from €700,874 to €950,990
of which Other tangible fixed assets: +€287,097
- Cash +€152,227
up €152,227 (+12.0%), from €1.3m to €1.4m
mainly Net result for the year (+€400,274) and Depreciation (+€140,742)
Equity and liabilities
- Reserves +€306,540
up €306,540 (+15.9%), from €1.9m to €2.2m
- Trade debts +€70,411
up €70,411 (+391%), from €18,024 to €88,435
Income statement
- Gross operating margin -€43,122
down €43,122 (-4.5%), from €949,259 to €906,137
- Taxes -€27,249
down €27,249 (-13.9%), from €196,272 to €169,024
- Financial income -€9,942
down €9,942 (-30.4%), from €32,711 to €22,769
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€438,084
Gross operating margin
-€43,122
Staff costs
-€3,709
Depreciation
-€7,400
Other operating charges
-€14
Other operating items
-€744
Financial income
-€9,942
Financial charges
-€127
Taxes
+€27,249
Result 2025
€400,274
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€640,335
Investment
-€390,641
Financing
-€97,467
Cash 2024
€1.3m
From operations (derived)
+€640,335
Net result for the year
+€400,274
Depreciation
+€140,742
Stocks and contracts
+€13,717
Receivables within one year
+€21,398
Deferred charges and accrued income
+€12,434
Trade debts
+€70,411
Tax, wage and social debts
-€25,465
Other debts
+€10,770
Accrued charges and deferred income
-€3,947
Investment (derived)
-€390,641
Investment in fixed assets (net)
-€390,641
Financing
-€97,467
Debts after one year
-€3,733
Contributions, distributions and other
-€93,734
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,220,221 | €2,574,797 | +€354,576 | +16.0% |
| Fixed assets | 21/28 | €701,091 | €950,990 | +€249,898 | +35.6% |
| Intangible fixed assets | 21 | €217 | €0 | -€217 | -100% |
| Tangible fixed assets | 22/27 | €700,874 | €950,990 | +€250,115 | +35.7% |
| Plant, machinery and equipment | 23 | €527,487 | €523,417 | -€4,071 | -0.8% |
| Furniture and vehicles | 24 | €96,841 | €63,930 | -€32,911 | -34.0% |
| Other tangible fixed assets | 26 | €76,546 | €363,643 | +€287,097 | +375% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,519,130 | €1,623,808 | +€104,678 | +6.9% |
| Stocks and contracts in progress | 3 | €22,574 | €8,856 | -€13,717 | -60.8% |
| Stocks | 30/36 | €22,574 | €8,856 | -€13,717 | -60.8% |
| Amounts receivable within one year | 40/41 | €210,029 | €188,632 | -€21,398 | -10.2% |
| Trade receivables | 40 | €18,863 | €35,830 | +€16,967 | +90.0% |
| Other amounts receivable | 41 | €191,167 | €152,802 | -€38,365 | -20.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,263,606 | €1,415,833 | +€152,227 | +12.0% |
| Deferred charges and accrued income | 490/1 | €22,920 | €10,486 | -€12,434 | -54.2% |
| Total equity and liabilities | 10/49 | €2,220,221 | €2,574,797 | +€354,576 | +16.0% |
| Equity | 10/15 | €1,947,984 | €2,254,524 | +€306,540 | +15.7% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €1,923,184 | €2,229,724 | +€306,540 | +15.9% |
| Distributable reserves | 133 | €1,923,184 | €2,229,724 | +€306,540 | +15.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €272,237 | €320,273 | +€48,037 | +17.6% |
| Amounts payable after more than one year | 17 | €32,344 | €28,611 | -€3,733 | -11.5% |
| Other amounts payable | 178/9 | €32,344 | €28,611 | -€3,733 | -11.5% |
| Amounts payable within one year | 42/48 | €228,386 | €284,102 | +€55,716 | +24.4% |
| Trade debts | 44 | €18,024 | €88,435 | +€70,411 | +391% |
| Suppliers | 440/4 | €18,024 | €88,435 | +€70,411 | +391% |
| Taxes, remuneration and social security | 45 | €67,764 | €42,299 | -€25,465 | -37.6% |
| Taxes | 450/3 | €62,406 | €34,549 | -€27,856 | -44.6% |
| Remuneration and social security | 454/9 | €5,358 | €7,750 | +€2,391 | +44.6% |
| Other amounts payable | 47/48 | €142,598 | €153,368 | +€10,770 | +7.6% |
| Accrued charges and deferred income | 492/3 | €11,507 | €7,560 | -€3,947 | -34.3% |
| Non-recurring operating income | 76A | - | €506 | +€506 | |
| Remuneration, social security and pensions | 62 | €115,403 | €119,112 | +€3,709 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,342 | €140,742 | +€7,400 | +5.5% |
| Other operating charges | 640/8 | €82,805 | €82,819 | +€14 | 0.0% |
| Non-recurring operating charges | 66A | €0 | €744 | +€744 | |
| Gross operating margin | 9900 | €949,259 | €906,137 | -€43,122 | -4.5% |
| Operating profit (loss) | 9901 | €617,709 | €562,719 | -€54,989 | -8.9% |
| Financial income | 75/76B | €32,711 | €22,769 | -€9,942 | -30.4% |
| Recurring financial income | 75 | €32,711 | €22,769 | -€9,942 | -30.4% |
| Financial charges | 65/66B | €16,064 | €16,190 | +€127 | +0.8% |
| Recurring financial charges | 65 | €16,064 | €16,190 | +€127 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €634,356 | €569,298 | -€65,058 | -10.3% |
| Income taxes | 67/77 | €196,272 | €169,024 | -€27,249 | -13.9% |
| Profit (loss) for the period | 9904 | €438,084 | €400,274 | -€37,810 | -8.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €438,084 | €400,274 | -€37,810 | -8.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.