CAMPO MIO: 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.
CAMPO MIO
Largest movements
- Current investments -€11.0m
down €11.0m (-100.0%), from €11.0m to €0
- Other debts -€13.7m
down €13.7m (-61.5%), from €22.2m to €8.6m
- Profit (loss) carried forward +€2.5m
up €2.5m (+9.1%), from -€27.3m to -€24.8m
- Financial charges -€9.9m
down €9.9m (-91.8%), from €10.8m to €888,378
of which Non-recurring financial charges: -€10.3m
- Financial income +€3.4m
up €3.4m (+416.6%), from €818,928 to €4.2m
- Taxes +€832,896
new in 2025: €832,896
- Gross operating margin +€53,079
up €53,079 (+64.9%), from -€81,819 to -€28,741
- Other operating charges -€937
down €937 (-48.4%), from €1,935 to €998
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,020,372 | €131,736,494 | -€10.3m | -7.2% |
| Fixed assets | 21/28 | €121,178,966 | €121,178,966 | = | 0.0% |
| Financial fixed assets | 28 | €121,178,966 | €121,178,966 | = | 0.0% |
| Current assets | 29/58 | €20,841,405 | €10,557,528 | -€10.3m | -49.3% |
| Amounts receivable after more than one year | 29 | €1,740,757 | €1,836,648 | +€95,891 | +5.5% |
| Other amounts receivable | 291 | €1,740,757 | €1,836,648 | +€95,891 | +5.5% |
| Amounts receivable within one year | 40/41 | €4,201,160 | €4,808,703 | +€607,544 | +14.5% |
| Other amounts receivable | 41 | €4,201,160 | €4,808,703 | +€607,544 | +14.5% |
| Current investments | 50/53 | €11,029,261 | €0 | -€11.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €28,141 | €70,089 | +€41,949 | +149.1% |
| Deferred charges and accrued income | 490/1 | €3,842,087 | €3,842,087 | = | 0.0% |
| Total equity and liabilities | 10/49 | €142,020,372 | €131,736,494 | -€10.3m | -7.2% |
| Equity | 10/15 | €111,434,695 | €113,914,121 | +€2.5m | +2.2% |
| Contributions | 10/11 | €76,340,000 | €76,340,000 | = | 0.0% |
| Reserves | 13 | €62,397,504 | €62,397,504 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,118,953 | €54,118,953 | = | 0.0% |
| Distributable reserves | 133 | €8,278,552 | €8,278,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,302,809 | -€24,823,384 | +€2.5m | +9.1% |
| Amounts payable | 17/49 | €30,585,676 | €17,822,373 | -€12.8m | -41.7% |
| Amounts payable after more than one year | 17 | €8,138,217 | €8,404,123 | +€265,906 | +3.3% |
| Other amounts payable | 178/9 | €8,138,217 | €8,404,123 | +€265,906 | +3.3% |
| Amounts payable within one year | 42/48 | €22,443,990 | €9,418,249 | -€13.0m | -58.0% |
| Trade debts | 44 | €33,546 | €426 | -€33,121 | -98.7% |
| Suppliers | 440/4 | €33,546 | €426 | -€33,121 | -98.7% |
| Taxes, remuneration and social security | 45 | €168,451 | €863,670 | +€695,219 | +412.7% |
| Taxes | 450/3 | €168,451 | €863,670 | +€695,219 | +412.7% |
| Other amounts payable | 47/48 | €22,241,993 | €8,554,154 | -€13.7m | -61.5% |
| Accrued charges and deferred income | 492/3 | €3,469 | €1 | -€3,468 | -100.0% |
| Other operating charges | 640/8 | €1,935 | €998 | -€937 | -48.4% |
| Gross operating margin | 9900 | -€81,819 | -€28,741 | +€53,079 | +64.9% |
| Operating profit (loss) | 9901 | -€83,754 | -€29,739 | +€54,015 | +64.5% |
| Financial income | 75/76B | €818,928 | €4,230,438 | +€3.4m | +416.6% |
| Recurring financial income | 75 | €818,928 | €4,230,438 | +€3.4m | +416.6% |
| Financial charges | 65/66B | €10,804,289 | €888,378 | -€9.9m | -91.8% |
| Recurring financial charges | 65 | €462,182 | €888,378 | +€426,196 | +92.2% |
| Non-recurring financial charges | 66B | €10,342,107 | €0 | -€10.3m | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,069,115 | €3,312,321 | +€13.4m | |
| Income taxes | 67/77 | - | €832,896 | +€832,896 | |
| Profit (loss) for the period | 9904 | -€10,069,115 | €2,479,425 | +€12.5m | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,069,115 | €2,479,425 | +€12.5m |
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 12 October 2026 via checked.be.