CAMPOO: 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.
CAMPOO
Largest movements
- Tangible fixed assets +€355,047
up €355,047 (+262%), from €135,432 to €490,479
of which Land and buildings: +€368,058
- Cash +€23,049
up €23,049 (+171%), from €13,504 to €36,554
mainly Debts after one year (+€348,577) and Current portion of long-term debt (+€31,494)
- Receivables within one year -€20,311
down €20,311 (-42.8%), from €47,467 to €27,156
of which Trade receivables: -€23,116
- Stocks and contracts +€18,394
up €18,394 (+22.0%), from €83,575 to €101,970
- Debts after one year +€348,577
up €348,577 (+287%), from €121,485 to €470,062
- Reserves +€52,459
up €52,459 (+120%), from €43,568 to €96,028
- Profit (loss) carried forward -€43,676
down €43,676 (-100%), from €43,676 to €0
- Current portion of long-term debt +€31,494
new in 2025: €31,494
- Trade debts +€20,225
up €20,225 (+98.7%), from €20,498 to €40,722
- Gross operating margin +€7,161
up €7,161 (+16.9%), from €42,354 to €49,516
- Financial charges +€3,989
up €3,989 (+54.1%), from €7,376 to €11,365
- Depreciation +€2,836
up €2,836 (+12.5%), from €22,755 to €25,591
- Taxes -€2,559
down €2,559 (-74.4%), from €3,437 to €878
- Financial income -€1,769
down €1,769 (-96.5%), from €1,833 to €64
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 | €285,226 | €659,412 | +€374,186 | +131% |
| Fixed assets | 21/28 | €135,638 | €493,315 | +€357,677 | +264% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €135,432 | €490,479 | +€355,047 | +262% |
| Land and buildings | 22 | €110,462 | €478,520 | +€368,058 | +333% |
| Plant, machinery and equipment | 23 | €2,948 | €2,262 | -€686 | -23.3% |
| Furniture and vehicles | 24 | €22,022 | €9,697 | -€12,325 | -56.0% |
| Financial fixed assets | 28 | €205 | €2,835 | +€2,630 | +1,283% |
| Current assets | 29/58 | €149,588 | €166,097 | +€16,509 | +11.0% |
| Stocks and contracts in progress | 3 | €83,575 | €101,970 | +€18,394 | +22.0% |
| Stocks | 30/36 | €83,575 | €101,970 | +€18,394 | +22.0% |
| Amounts receivable within one year | 40/41 | €47,467 | €27,156 | -€20,311 | -42.8% |
| Trade receivables | 40 | €44,269 | €21,153 | -€23,116 | -52.2% |
| Other amounts receivable | 41 | €3,197 | €6,003 | +€2,805 | +87.7% |
| Cash at bank and in hand | 54/58 | €13,504 | €36,554 | +€23,049 | +171% |
| Deferred charges and accrued income | 490/1 | €5,042 | €418 | -€4,624 | -91.7% |
| Total equity and liabilities | 10/49 | €285,226 | €659,412 | +€374,186 | +131% |
| Equity | 10/15 | €93,445 | €102,228 | +€8,783 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,568 | €96,028 | +€52,459 | +120% |
| Distributable reserves | 133 | €43,568 | €96,028 | +€52,459 | +120% |
| Profit (loss) carried forward | 14 | €43,676 | €0 | -€43,676 | -100% |
| Amounts payable | 17/49 | €191,781 | €557,184 | +€365,402 | +191% |
| Amounts payable after more than one year | 17 | €121,485 | €470,062 | +€348,577 | +287% |
| Financial debts | 170/4 | €121,485 | €470,062 | +€348,577 | +287% |
| Amounts payable within one year | 42/48 | €70,296 | €87,122 | +€16,826 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | - | €31,494 | +€31,494 | |
| Financial debts | 43 | €16,824 | €0 | -€16,824 | -100% |
| Credit institutions | 430/8 | €16,824 | €0 | -€16,824 | -100% |
| Trade debts | 44 | €20,498 | €40,722 | +€20,225 | +98.7% |
| Suppliers | 440/4 | €20,498 | €40,722 | +€20,225 | +98.7% |
| Taxes, remuneration and social security | 45 | €32,975 | €14,906 | -€18,069 | -54.8% |
| Taxes | 450/3 | €30,189 | €14,906 | -€15,283 | -50.6% |
| Remuneration and social security | 454/9 | €2,786 | €0 | -€2,786 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,755 | €25,591 | +€2,836 | +12.5% |
| Other operating charges | 640/8 | €3,012 | €2,963 | -€50 | -1.7% |
| Gross operating margin | 9900 | €42,354 | €49,516 | +€7,161 | +16.9% |
| Operating profit (loss) | 9901 | €16,587 | €20,962 | +€4,375 | +26.4% |
| Financial income | 75/76B | €1,833 | €64 | -€1,769 | -96.5% |
| Recurring financial income | 75 | €1,833 | €64 | -€1,769 | -96.5% |
| Financial charges | 65/66B | €7,376 | €11,365 | +€3,989 | +54.1% |
| Recurring financial charges | 65 | €7,376 | €11,365 | +€3,989 | +54.1% |
| Profit (loss) for the period before taxes | 9903 | €11,044 | €9,662 | -€1,382 | -12.5% |
| Income taxes | 67/77 | €3,437 | €878 | -€2,559 | -74.4% |
| Profit (loss) for the period | 9904 | €7,607 | €8,783 | +€1,176 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,607 | €8,783 | +€1,176 | +15.5% |
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 28 October 2026 via checked.be.