CAMPS: what changed
Two fiscal 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.
CAMPS
Largest movements
- Stocks and contracts +€275,237
up €275,237 (+38.3%), from €719,392 to €994,629
of which Contracts in progress: +€181,856
- Receivables within one year +€192,524
up €192,524 (+8.9%), from €2.2m to €2.4m
of which Trade receivables: +€249,309
- Cash -€106,202
down €106,202 (-28.0%), from €378,914 to €272,713
mainly Stocks and contracts (-€275,237) and Debts after one year (-€240,132)
- Trade debts +€416,392
up €416,392 (+22.4%), from €1.9m to €2.3m
- Debts after one year -€240,132
down €240,132 (-20.8%), from €1.2m to €915,440
- Accrued charges and deferred income +€77,476
up €77,476 (+66.7%), from €116,236 to €193,712
- Gross operating margin +€123,365
up €123,365 (+5.4%), from €2.3m to €2.4m
- Depreciation +€36,397
up €36,397 (+24.3%), from €149,947 to €186,344
- Taxes +€30,031
up €30,031 (+4505.4%), from €667 to €30,698
- Financial charges +€29,925
up €29,925 (+26.9%), from €111,140 to €141,065
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,555,318 | €4,892,935 | +€337,617 | +7.4% |
| Fixed assets | 21/28 | €1,247,488 | €1,232,654 | -€14,834 | -1.2% |
| Intangible fixed assets | 21 | €56,590 | €41,572 | -€15,018 | -26.5% |
| Tangible fixed assets | 22/27 | €1,095,459 | €1,095,643 | +€184 | 0.0% |
| Land and buildings | 22 | €928,374 | €862,154 | -€66,220 | -7.1% |
| Plant, machinery and equipment | 23 | €24,863 | €56,448 | +€31,586 | +127.0% |
| Furniture and vehicles | 24 | €142,223 | €177,041 | +€34,818 | +24.5% |
| Financial fixed assets | 28 | €95,438 | €95,438 | = | 0.0% |
| Current assets | 29/58 | €3,307,830 | €3,660,280 | +€352,451 | +10.7% |
| Stocks and contracts in progress | 3 | €719,392 | €994,629 | +€275,237 | +38.3% |
| Stocks | 30/36 | €355,522 | €448,904 | +€93,381 | +26.3% |
| Contracts in progress | 37 | €363,870 | €545,725 | +€181,856 | +50.0% |
| Amounts receivable within one year | 40/41 | €2,170,159 | €2,362,683 | +€192,524 | +8.9% |
| Trade receivables | 40 | €1,922,430 | €2,171,739 | +€249,309 | +13.0% |
| Other amounts receivable | 41 | €247,729 | €190,944 | -€56,784 | -22.9% |
| Cash at bank and in hand | 54/58 | €378,914 | €272,713 | -€106,202 | -28.0% |
| Deferred charges and accrued income | 490/1 | €39,365 | €30,256 | -€9,109 | -23.1% |
| Total equity and liabilities | 10/49 | €4,555,318 | €4,892,935 | +€337,617 | +7.4% |
| Equity | 10/15 | €406,030 | €481,828 | +€75,798 | +18.7% |
| Contributions | 10/11 | €82,244 | €82,244 | = | 0.0% |
| Reserves | 13 | €369,501 | €399,584 | +€30,083 | +8.1% |
| Tax-exempt reserves | 132 | €559 | €559 | = | 0.0% |
| Distributable reserves | 133 | €368,942 | €399,025 | +€30,083 | +8.2% |
| Profit (loss) carried forward | 14 | -€45,715 | - | +€45,715 | |
| Amounts payable | 17/49 | €4,149,288 | €4,411,107 | +€261,819 | +6.3% |
| Amounts payable after more than one year | 17 | €1,155,572 | €915,440 | -€240,132 | -20.8% |
| Financial debts | 170/4 | €1,155,572 | €915,440 | -€240,132 | -20.8% |
| Amounts payable within one year | 42/48 | €2,877,480 | €3,301,954 | +€424,475 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €241,335 | €261,224 | +€19,890 | +8.2% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €1,859,522 | €2,275,914 | +€416,392 | +22.4% |
| Suppliers | 440/4 | €1,859,522 | €2,275,914 | +€416,392 | +22.4% |
| Taxes, remuneration and social security | 45 | €73,858 | €62,248 | -€11,610 | -15.7% |
| Remuneration and social security | 454/9 | €73,858 | €62,248 | -€11,610 | -15.7% |
| Other amounts payable | 47/48 | €202,765 | €202,568 | -€197 | -0.1% |
| Accrued charges and deferred income | 492/3 | €116,236 | €193,712 | +€77,476 | +66.7% |
| Remuneration, social security and pensions | 62 | €1,992,800 | €1,971,543 | -€21,257 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,947 | €186,344 | +€36,397 | +24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,893 | - | -€3,893 | |
| Other operating charges | 640/8 | €26,407 | €23,124 | -€3,283 | -12.4% |
| Gross operating margin | 9900 | €2,305,045 | €2,428,410 | +€123,365 | +5.4% |
| Operating profit (loss) | 9901 | €131,999 | €247,399 | +€115,400 | +87.4% |
| Financial income | 75/76B | €6,804 | €162 | -€6,642 | -97.6% |
| Recurring financial income | 75 | €6,804 | €162 | -€6,642 | -97.6% |
| Financial charges | 65/66B | €111,140 | €141,065 | +€29,925 | +26.9% |
| Recurring financial charges | 65 | €111,140 | €141,065 | +€29,925 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €27,663 | €106,496 | +€78,833 | +285.0% |
| Income taxes | 67/77 | €667 | €30,698 | +€30,031 | +4505.4% |
| Profit (loss) for the period | 9904 | €26,996 | €75,798 | +€48,802 | +180.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,996 | €75,798 | +€48,802 | +180.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.