CAMPUS: 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.
CAMPUS
Largest movements
- Tangible fixed assets +€257,027
up €257,027 (+6.4%), from €4.0m to €4.3m
of which Other tangible fixed assets: +€261,800
- Financial fixed assets -€116,000
down €116,000 (-2.5%), from €4.6m to €4.5m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€162,883
up €162,883 (+25.0%), from €651,064 to €813,946
- Financial income -€115,075
down €115,075 (-96.6%), from €119,085 to €4,010
- Staff costs +€77,549
up €77,549 (+19.0%), from €407,131 to €484,680
- Depreciation -€43,223
down €43,223 (-24.7%), from €175,286 to €132,063
- Other operating charges +€27,982
up €27,982 (+27.9%), from €100,372 to €128,354
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.
Cash bridge derived
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 | €10,826,924 | €10,982,823 | +€155,899 | +1.4% |
| Fixed assets | 21/28 | €8,582,831 | €8,723,859 | +€141,027 | +1.6% |
| Tangible fixed assets | 22/27 | €4,011,987 | €4,269,015 | +€257,027 | +6.4% |
| Land and buildings | 22 | €3,957,370 | €3,928,048 | -€29,322 | -0.7% |
| Plant, machinery and equipment | 23 | €22,368 | €48,935 | +€26,567 | +118.8% |
| Furniture and vehicles | 24 | €32,249 | €30,231 | -€2,018 | -6.3% |
| Other tangible fixed assets | 26 | - | €261,800 | +€261,800 | |
| Financial fixed assets | 28 | €4,570,844 | €4,454,844 | -€116,000 | -2.5% |
| Current assets | 29/58 | €2,244,093 | €2,258,965 | +€14,872 | +0.7% |
| Amounts receivable within one year | 40/41 | €2,019 | €819 | -€1,200 | -59.4% |
| Other amounts receivable | 41 | €2,019 | €819 | -€1,200 | -59.4% |
| Cash at bank and in hand | 54/58 | €2,136,594 | €2,199,121 | +€62,526 | +2.9% |
| Deferred charges and accrued income | 490/1 | €105,479 | €59,025 | -€46,454 | -44.0% |
| Total equity and liabilities | 10/49 | €10,826,924 | €10,982,823 | +€155,899 | +1.4% |
| Equity | 10/15 | €10,696,526 | €10,847,471 | +€150,944 | +1.4% |
| Contributions | 10/11 | €8,245,870 | €8,325,870 | +€80,000 | +1.0% |
| Capital | 10 | €8,245,870 | €8,325,870 | +€80,000 | +1.0% |
| Revaluation surpluses | 12 | €18,490 | €18,155 | -€335 | -1.8% |
| Profit (loss) carried forward | 14 | €2,432,166 | €2,503,446 | +€71,279 | +2.9% |
| Amounts payable | 17/49 | €130,397 | €135,352 | +€4,955 | +3.8% |
| Amounts payable within one year | 42/48 | €122,371 | €125,147 | +€2,777 | +2.3% |
| Trade debts | 44 | €59,902 | €44,509 | -€15,393 | -25.7% |
| Suppliers | 440/4 | €59,902 | €44,509 | -€15,393 | -25.7% |
| Taxes, remuneration and social security | 45 | €40,281 | €59,128 | +€18,847 | +46.8% |
| Taxes | 450/3 | €358 | €1,685 | +€1,326 | +370.2% |
| Remuneration and social security | 454/9 | €39,923 | €57,444 | +€17,521 | +43.9% |
| Accrued charges and deferred income | 492/3 | €8,027 | €10,205 | +€2,178 | +27.1% |
| Remuneration, social security and pensions | 62 | €407,131 | €484,680 | +€77,549 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,286 | €132,063 | -€43,223 | -24.7% |
| Other operating charges | 640/8 | €100,372 | €128,354 | +€27,982 | +27.9% |
| Gross operating margin | 9900 | €651,064 | €813,946 | +€162,883 | +25.0% |
| Operating profit (loss) | 9901 | -€31,725 | €68,850 | +€100,575 | |
| Financial income | 75/76B | €119,085 | €4,010 | -€115,075 | -96.6% |
| Recurring financial income | 75 | €119,085 | €4,010 | -€115,075 | -96.6% |
| Financial charges | 65/66B | €1,625 | €1,581 | -€44 | -2.7% |
| Recurring financial charges | 65 | €1,625 | €1,581 | -€44 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €85,735 | €71,279 | -€14,456 | -16.9% |
| Profit (loss) for the period | 9904 | €85,735 | €71,279 | -€14,456 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,735 | €71,279 | -€14,456 | -16.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.