CAMPUS-RPF: 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.
CAMPUS-RPF
Largest movements
- Receivables within one year -€1.2m
down €1.2m (-48.0%), from €2.5m to €1.3m
of which Other amounts receivable: -€1.2m
- Tangible fixed assets +€191,736
up €191,736 (+5.7%), from €3.4m to €3.6m
of which Plant, machinery and equipment: +€340,405
- Stocks and contracts +€61,417
up €61,417 (+80.4%), from €76,416 to €137,834
- Profit (loss) carried forward -€381,390
down €381,390 (-28.0%), from €1.4m to €982,579
- Tax, wage and social debts -€345,726
down €345,726 (-52.6%), from €657,279 to €311,553
of which Taxes: -€349,340
- Trade debts -€172,103
down €172,103 (-26.0%), from €662,542 to €490,439
- Gross operating margin -€1.2m
down €1.2m (-68.3%), from €1.8m to €566,290
- Depreciation +€236,538
up €236,538 (+69.7%), from €339,280 to €575,818
- Taxes -€216,120
down €216,120 (-99.8%), from €216,449 to €329
- Other operating charges -€169,851
down €169,851 (-90.1%), from €188,511 to €18,660
- Financial income -€47,798
down €47,798 (-52.8%), from €90,459 to €42,661
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 | €5,986,699 | €5,026,425 | -€960,274 | -16.0% |
| Fixed assets | 21/28 | €3,390,375 | €3,582,111 | +€191,736 | +5.7% |
| Tangible fixed assets | 22/27 | €3,390,375 | €3,582,111 | +€191,736 | +5.7% |
| Land and buildings | 22 | €1,645,257 | €1,536,480 | -€108,777 | -6.6% |
| Plant, machinery and equipment | 23 | €1,593,247 | €1,933,652 | +€340,405 | +21.4% |
| Furniture and vehicles | 24 | €144,104 | €108,482 | -€35,622 | -24.7% |
| Other tangible fixed assets | 26 | €7,767 | €3,498 | -€4,270 | -55.0% |
| Current assets | 29/58 | €2,596,324 | €1,444,314 | -€1.2m | -44.4% |
| Stocks and contracts in progress | 3 | €76,416 | €137,834 | +€61,417 | +80.4% |
| Stocks | 30/36 | €76,416 | €137,834 | +€61,417 | +80.4% |
| Amounts receivable within one year | 40/41 | €2,493,212 | €1,296,610 | -€1.2m | -48.0% |
| Trade receivables | 40 | €47,908 | €10,259 | -€37,649 | -78.6% |
| Other amounts receivable | 41 | €2,445,304 | €1,286,350 | -€1.2m | -47.4% |
| Cash at bank and in hand | 54/58 | €17,134 | €8,341 | -€8,793 | -51.3% |
| Deferred charges and accrued income | 490/1 | €9,562 | €1,529 | -€8,033 | -84.0% |
| Total equity and liabilities | 10/49 | €5,986,699 | €5,026,425 | -€960,274 | -16.0% |
| Equity | 10/15 | €2,217,518 | €1,836,128 | -€381,390 | -17.2% |
| Contributions | 10/11 | €813,549 | €813,549 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,363,969 | €982,579 | -€381,390 | -28.0% |
| Amounts payable | 17/49 | €3,769,181 | €3,190,297 | -€578,884 | -15.4% |
| Amounts payable within one year | 42/48 | €3,757,622 | €3,190,297 | -€567,325 | -15.1% |
| Trade debts | 44 | €662,542 | €490,439 | -€172,103 | -26.0% |
| Suppliers | 440/4 | €662,542 | €490,439 | -€172,103 | -26.0% |
| Taxes, remuneration and social security | 45 | €657,279 | €311,553 | -€345,726 | -52.6% |
| Taxes | 450/3 | €630,668 | €281,328 | -€349,340 | -55.4% |
| Remuneration and social security | 454/9 | €26,611 | €30,225 | +€3,614 | +13.6% |
| Other amounts payable | 47/48 | €2,437,800 | €2,388,305 | -€49,496 | -2.0% |
| Accrued charges and deferred income | 492/3 | €11,559 | - | -€11,559 | |
| Non-recurring operating income | 76A | €1,363,636 | €9,257 | -€1.4m | -99.3% |
| Remuneration, social security and pensions | 62 | €189,416 | €193,468 | +€4,052 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339,280 | €575,818 | +€236,538 | +69.7% |
| Other operating charges | 640/8 | €188,511 | €18,660 | -€169,851 | -90.1% |
| Non-recurring operating charges | 66A | €2,356 | €114,823 | +€112,467 | +4,774% |
| Gross operating margin | 9900 | €1,786,281 | €566,290 | -€1.2m | -68.3% |
| Operating profit (loss) | 9901 | €1,066,719 | -€336,479 | -€1.4m | |
| Financial income | 75/76B | €90,459 | €42,661 | -€47,798 | -52.8% |
| Recurring financial income | 75 | €90,459 | €42,661 | -€47,798 | -52.8% |
| Financial charges | 65/66B | €111,753 | €87,242 | -€24,511 | -21.9% |
| Recurring financial charges | 65 | €111,753 | €87,242 | -€24,511 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €1,045,424 | -€381,061 | -€1.4m | |
| Income taxes | 67/77 | €216,449 | €329 | -€216,120 | -99.8% |
| Profit (loss) for the period | 9904 | €828,975 | -€381,390 | -€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €828,975 | -€381,390 | -€1.2m |
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 16 October 2026 via checked.be.