CAMPION: 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.
CAMPION
Largest movements
- Tangible fixed assets -€13,792
down €13,792 (-5.7%), from €240,387 to €226,595
of which Land and buildings: -€10,873
- Cash +€10,150
up €10,150 (+326%), from €3,110 to €13,260
mainly Depreciation (+€13,792) and Net result for the year (+€7,593)
- Receivables within one year +€4,789
up €4,789 (+82.9%), from €5,778 to €10,567
of which Other amounts receivable: +€4,793
- Debts after one year -€13,913
down €13,913 (-7.0%), from €198,238 to €184,325
- Reserves +€7,644
up €7,644 (+26.0%), from €29,444 to €37,088
- Trade debts +€6,520
up €6,520 (+634%), from €1,028 to €7,548
- Gross operating margin +€1,962
up €1,962 (+6.7%), from €29,163 to €31,125
- Financial charges +€853
up €853 (+16.7%), from €5,106 to €5,960
- Other operating charges -€768
down €768 (-36.6%), from €2,102 to €1,333
- Taxes +€446
up €446 (+22.3%), from €2,001 to €2,447
- Depreciation +€406
up €406 (+3.0%), from €13,387 to €13,792
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 | €249,276 | €250,422 | +€1,146 | +0.5% |
| Fixed assets | 21/28 | €240,387 | €226,595 | -€13,792 | -5.7% |
| Tangible fixed assets | 22/27 | €240,387 | €226,595 | -€13,792 | -5.7% |
| Land and buildings | 22 | €235,703 | €224,829 | -€10,873 | -4.6% |
| Plant, machinery and equipment | 23 | €3,152 | €999 | -€2,153 | -68.3% |
| Furniture and vehicles | 24 | €1,533 | €767 | -€766 | -50.0% |
| Current assets | 29/58 | €8,888 | €23,827 | +€14,938 | +168% |
| Amounts receivable within one year | 40/41 | €5,778 | €10,567 | +€4,789 | +82.9% |
| Trade receivables | 40 | €2,069 | €2,065 | -€4 | -0.2% |
| Other amounts receivable | 41 | €3,710 | €8,502 | +€4,793 | +129% |
| Cash at bank and in hand | 54/58 | €3,110 | €13,260 | +€10,150 | +326% |
| Total equity and liabilities | 10/49 | €249,276 | €250,422 | +€1,146 | +0.5% |
| Equity | 10/15 | €32,444 | €40,088 | +€7,644 | +23.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,444 | €37,088 | +€7,644 | +26.0% |
| Distributable reserves | 133 | €29,444 | €37,088 | +€7,644 | +26.0% |
| Amounts payable | 17/49 | €216,832 | €210,333 | -€6,498 | -3.0% |
| Amounts payable after more than one year | 17 | €198,238 | €184,325 | -€13,913 | -7.0% |
| Financial debts | 170/4 | €198,238 | €184,325 | -€13,913 | -7.0% |
| Amounts payable within one year | 42/48 | €18,593 | €26,008 | +€7,415 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €15,414 | €13,913 | -€1,500 | -9.7% |
| Trade debts | 44 | €1,028 | €7,548 | +€6,520 | +634% |
| Suppliers | 440/4 | €1,028 | €7,548 | +€6,520 | +634% |
| Taxes, remuneration and social security | 45 | €2,151 | €4,547 | +€2,396 | +111% |
| Taxes | 450/3 | €2,151 | €4,547 | +€2,396 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,387 | €13,792 | +€406 | +3.0% |
| Other operating charges | 640/8 | €2,102 | €1,333 | -€768 | -36.6% |
| Gross operating margin | 9900 | €29,163 | €31,125 | +€1,962 | +6.7% |
| Operating profit (loss) | 9901 | €13,675 | €15,999 | +€2,324 | +17.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,106 | €5,960 | +€853 | +16.7% |
| Recurring financial charges | 65 | €5,106 | €5,960 | +€853 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €8,569 | €10,040 | +€1,471 | +17.2% |
| Income taxes | 67/77 | €2,001 | €2,447 | +€446 | +22.3% |
| Profit (loss) for the period | 9904 | €6,568 | €7,593 | +€1,025 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,568 | €7,593 | +€1,025 | +15.6% |
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 15 October 2026 via checked.be.