CAMPIONE-MARCELLINO: what changed
CAMPIONE-MARCELLINO
Largest movements
- Tangible fixed assets -€4,637
down €4,637 (-18.5%), from €25,042 to €20,406
of which Furniture and vehicles: -€5,477
- Cash +€2,726
up €2,726 (+3.3%), from €81,923 to €84,649
mainly Net result for the year (+€10,270) and Depreciation (+€6,988)
- Profit (loss) carried forward +€10,270
up €10,270 (+83.4%), from €12,316 to €22,586
- Debts after one year -€5,690
down €5,690 (-85.4%), from €6,659 to €969
- Tax, wage and social debts -€3,614
down €3,614 (-14.2%), from €25,415 to €21,801
of which Remuneration and social security: -€6,433
- Trade debts -€1,932
down €1,932 (-15.2%), from €12,709 to €10,777
- Gross operating margin +€28,203
up €28,203 (+20.6%), from €136,949 to €165,152
- Staff costs +€18,087
up €18,087 (+14.6%), from €124,059 to €142,146
- Depreciation -€11,555
down €11,555 (-62.3%), from €18,542 to €6,988
- Taxes +€3,883
up €3,883 (+589%), from €660 to €4,543
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,018 | €132,616 | -€1,402 | -1.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €25,042 | €20,406 | -€4,637 | -18.5% |
| Tangible fixed assets | 22/27 | €25,042 | €20,406 | -€4,637 | -18.5% |
| Plant, machinery and equipment | 23 | €1,629 | €1,181 | -€448 | -27.5% |
| Furniture and vehicles | 24 | €14,616 | €9,139 | -€5,477 | -37.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €8,798 | €10,086 | +€1,288 | +14.6% |
| Current assets | 29/58 | €108,976 | €112,211 | +€3,235 | +3.0% |
| Amounts receivable within one year | 40/41 | €27,053 | €27,562 | +€509 | +1.9% |
| Trade receivables | 40 | €27,051 | €27,091 | +€40 | +0.1% |
| Other amounts receivable | 41 | €2 | €471 | +€469 | +24,060% |
| Cash at bank and in hand | 54/58 | €81,923 | €84,649 | +€2,726 | +3.3% |
| Total equity and liabilities | 10/49 | €134,018 | €132,616 | -€1,402 | -1.0% |
| Equity | 10/15 | €77,776 | €88,046 | +€10,270 | +13.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,316 | €22,586 | +€10,270 | +83.4% |
| Amounts payable | 17/49 | €56,242 | €44,570 | -€11,672 | -20.8% |
| Amounts payable after more than one year | 17 | €6,659 | €969 | -€5,690 | -85.4% |
| Financial debts | 170/4 | €6,659 | €969 | -€5,690 | -85.4% |
| Amounts payable within one year | 42/48 | €49,583 | €43,600 | -€5,982 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €5,479 | €5,690 | +€211 | +3.8% |
| Trade debts | 44 | €12,709 | €10,777 | -€1,932 | -15.2% |
| Suppliers | 440/4 | €12,709 | €10,777 | -€1,932 | -15.2% |
| Taxes, remuneration and social security | 45 | €25,415 | €21,801 | -€3,614 | -14.2% |
| Taxes | 450/3 | €5,666 | €8,485 | +€2,819 | +49.8% |
| Remuneration and social security | 454/9 | €19,749 | €13,316 | -€6,433 | -32.6% |
| Other amounts payable | 47/48 | €5,980 | €5,332 | -€647 | -10.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €124,059 | €142,146 | +€18,087 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,542 | €6,988 | -€11,555 | -62.3% |
| Other operating charges | 640/8 | €724 | €741 | +€17 | +2.4% |
| Gross operating margin | 9900 | €136,949 | €165,152 | +€28,203 | +20.6% |
| Operating profit (loss) | 9901 | -€6,377 | €15,278 | +€21,654 | |
| Financial income | 75/76B | €17 | €0 | -€17 | -98.6% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -98.6% |
| Financial charges | 65/66B | €711 | €465 | -€246 | -34.6% |
| Recurring financial charges | 65 | €711 | €465 | -€246 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,071 | €14,813 | +€21,884 | |
| Income taxes | 67/77 | €660 | €4,543 | +€3,883 | +589% |
| Profit (loss) for the period | 9904 | -€7,730 | €10,270 | +€18,000 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,730 | €10,270 | +€18,000 |
Next steps
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 7 November 2026 via checked.be.