CAMPING ZORRO: 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 ZORRO
Largest movements
- Current investments -€90,000
no longer reported in 2025 (was €90,000)
- Receivables within one year -€72,894
down €72,894 (-63.2%), from €115,406 to €42,511
of which Other amounts receivable: -€55,147
- Cash +€22,339
up €22,339 (+19.8%), from €112,576 to €134,915
mainly Current investments (+€90,000) and Receivables within one year (+€72,894)
- Stocks and contracts +€17,957
up €17,957 (+7.7%), from €232,834 to €250,791
- Tangible fixed assets -€15,927
down €15,927 (-24.1%), from €65,996 to €50,069
of which Furniture and vehicles: -€8,454
- Advances received -€110,625
no longer reported in 2025 (was €110,625)
- Debts after one year -€65,627
down €65,627 (-17.4%), from €376,332 to €310,705
- Reserves +€52,705
up €52,705 (+170%), from €30,917 to €83,621
- Profit (loss) carried forward -€20,462
new in 2025: -€20,462
- Accrued charges and deferred income +€7,750
up €7,750 (+43.1%), from €18,000 to €25,750
- Gross operating margin +€102,116
up €102,116 (+45.2%), from €226,052 to €328,168
- Other operating charges +€7,859
up €7,859 (+126%), from €6,251 to €14,110
- Taxes +€4,775
up €4,775 (+470%), from €1,015 to €5,791
- Staff costs +€3,328
up €3,328 (+1.3%), from €246,897 to €250,225
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 | €621,785 | €483,824 | -€137,961 | -22.2% |
| Fixed assets | 21/28 | €65,996 | €50,069 | -€15,927 | -24.1% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -33.3% |
| Tangible fixed assets | 22/27 | €65,996 | €50,069 | -€15,927 | -24.1% |
| Plant, machinery and equipment | 23 | €23,130 | €15,657 | -€7,474 | -32.3% |
| Furniture and vehicles | 24 | €42,865 | €34,412 | -€8,454 | -19.7% |
| Current assets | 29/58 | €555,789 | €433,755 | -€122,033 | -22.0% |
| Stocks and contracts in progress | 3 | €232,834 | €250,791 | +€17,957 | +7.7% |
| Stocks | 30/36 | €232,834 | €250,791 | +€17,957 | +7.7% |
| Amounts receivable within one year | 40/41 | €115,406 | €42,511 | -€72,894 | -63.2% |
| Trade receivables | 40 | €31,185 | €13,437 | -€17,748 | -56.9% |
| Other amounts receivable | 41 | €84,221 | €29,074 | -€55,147 | -65.5% |
| Current investments | 50/53 | €90,000 | - | -€90,000 | |
| Cash at bank and in hand | 54/58 | €112,576 | €134,915 | +€22,339 | +19.8% |
| Deferred charges and accrued income | 490/1 | €4,973 | €5,538 | +€565 | +11.4% |
| Total equity and liabilities | 10/49 | €621,785 | €483,824 | -€137,961 | -22.2% |
| Equity | 10/15 | €30,917 | €63,159 | +€32,242 | +104% |
| Reserves | 13 | €30,917 | €83,621 | +€52,705 | +170% |
| Distributable reserves | 133 | €30,917 | €83,621 | +€52,705 | +170% |
| Profit (loss) carried forward | 14 | - | -€20,462 | -€20,462 | |
| Amounts payable | 17/49 | €590,869 | €420,666 | -€170,203 | -28.8% |
| Amounts payable after more than one year | 17 | €376,332 | €310,705 | -€65,627 | -17.4% |
| Financial debts | 170/4 | €376,332 | €310,705 | -€65,627 | -17.4% |
| Amounts payable within one year | 42/48 | €196,537 | €84,211 | -€112,326 | -57.2% |
| Current portion of amounts payable after more than one year | 42 | €11,125 | €11,675 | +€550 | +4.9% |
| Trade debts | 44 | €36,445 | €35,319 | -€1,125 | -3.1% |
| Suppliers | 440/4 | €36,445 | €35,319 | -€1,125 | -3.1% |
| Advances received on contracts in progress | 46 | €110,625 | - | -€110,625 | |
| Taxes, remuneration and social security | 45 | €33,553 | €28,883 | -€4,670 | -13.9% |
| Taxes | 450/3 | €5,603 | - | -€5,603 | |
| Remuneration and social security | 454/9 | €27,950 | €28,883 | +€933 | +3.3% |
| Other amounts payable | 47/48 | €4,789 | €8,333 | +€3,544 | +74.0% |
| Accrued charges and deferred income | 492/3 | €18,000 | €25,750 | +€7,750 | +43.1% |
| Remuneration, social security and pensions | 62 | €246,897 | €250,225 | +€3,328 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,455 | €28,069 | +€1,614 | +6.1% |
| Other operating charges | 640/8 | €6,251 | €14,110 | +€7,859 | +126% |
| Gross operating margin | 9900 | €226,052 | €328,168 | +€102,116 | +45.2% |
| Operating profit (loss) | 9901 | -€53,552 | €35,764 | +€89,315 | |
| Financial income | 75/76B | €14,229 | €13,127 | -€1,102 | -7.7% |
| Recurring financial income | 75 | €14,229 | €13,127 | -€1,102 | -7.7% |
| Financial charges | 65/66B | €12,366 | €10,857 | -€1,509 | -12.2% |
| Recurring financial charges | 65 | €12,366 | €10,857 | -€1,509 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€51,689 | €38,033 | +€89,722 | |
| Income taxes | 67/77 | €1,015 | €5,791 | +€4,775 | +470% |
| Profit (loss) for the period | 9904 | -€52,705 | €32,242 | +€84,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,705 | €32,242 | +€84,947 |
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.