CAMVA: 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.
What changed
CAMVA
NACE 82.990, Other business support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€87,315
2024 · €116,884-€204,199
Equity
€1.7m
2024 · €1.8m-€87,315
Cash
€247,334
2024 · €401,852-€154,518
Balance sheet total
€4.2m
2024 · €4.5m-€368,485
Largest movements
Assets
- Tangible fixed assets -€179,127
down €179,127 (-4.4%), from €4.1m to €3.9m
of which Land and buildings: -€165,720
- Cash -€154,518
down €154,518 (-38.5%), from €401,852 to €247,334
mainly Other debts (-€125,788) and Debts after one year (-€99,608)
Equity and liabilities
- Other debts -€125,788
down €125,788 (-11.5%), from €1.1m to €971,523
- Debts after one year -€99,608
down €99,608 (-7.6%), from €1.3m to €1.2m
- Profit (loss) carried forward -€80,698
new in 2025: -€80,698
Income statement
- Gross operating margin -€599,261
down €599,261 (-80.3%), from €746,010 to €146,749
- Staff costs -€365,272
no longer reported in 2025 (was €365,272)
- Taxes -€21,627
down €21,627 (-41.2%), from €52,554 to €30,927
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.
Result 2024
€116,884
Gross operating margin
-€599,261
Staff costs
+€365,272
Depreciation
-€1,203
Other operating charges
+€5,628
Financial income
+€667
Financial charges
+€3,070
Taxes
+€21,627
Result 2025
-€87,315
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.
From operations
-€56,750
Investment
€0
Financing
-€97,768
Cash 2024
€401,852
From operations (derived)
-€56,750
Net result for the year
-€87,315
Depreciation
+€180,330
Receivables after one year
-€6,137
Stocks and contracts
+€5,200
Receivables within one year
+€32,446
Deferred charges and accrued income
+€2,127
Provisions
-€2,206
Trade debts
-€23,718
Tax, wage and social debts
-€31,689
Other debts
-€125,788
Financing
-€97,768
Debts after one year
-€99,608
Current portion of long-term debt
+€1,840
Cash 2025
€247,334
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,543,222 | €4,174,738 | -€368,485 | -8.1% |
| Formation expenses | 20 | €1,203 | - | -€1,203 | |
| Fixed assets | 21/28 | €4,100,394 | €3,921,267 | -€179,127 | -4.4% |
| Tangible fixed assets | 22/27 | €4,100,394 | €3,921,267 | -€179,127 | -4.4% |
| Land and buildings | 22 | €4,059,505 | €3,893,785 | -€165,720 | -4.1% |
| Plant, machinery and equipment | 23 | €37,663 | €25,325 | -€12,339 | -32.8% |
| Furniture and vehicles | 24 | €3,225 | €2,157 | -€1,068 | -33.1% |
| Current assets | 29/58 | €441,626 | €253,471 | -€188,155 | -42.6% |
| Amounts receivable after more than one year | 29 | - | €6,137 | +€6,137 | |
| Trade receivables | 290 | - | €6,137 | +€6,137 | |
| Stocks and contracts in progress | 3 | €5,200 | - | -€5,200 | |
| Stocks | 30/36 | €5,200 | - | -€5,200 | |
| Amounts receivable within one year | 40/41 | €32,446 | - | -€32,446 | |
| Trade receivables | 40 | €11,203 | - | -€11,203 | |
| Other amounts receivable | 41 | €21,243 | - | -€21,243 | |
| Cash at bank and in hand | 54/58 | €401,852 | €247,334 | -€154,518 | -38.5% |
| Deferred charges and accrued income | 490/1 | €2,127 | - | -€2,127 | |
| Total equity and liabilities | 10/49 | €4,543,222 | €4,174,738 | -€368,485 | -8.1% |
| Equity | 10/15 | €1,750,278 | €1,662,962 | -€87,315 | -5.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,688,278 | €1,681,660 | -€6,617 | -0.4% |
| Tax-exempt reserves | 132 | €670,652 | €664,034 | -€6,617 | -1.0% |
| Distributable reserves | 133 | €1,017,626 | €1,017,626 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€80,698 | -€80,698 | |
| Provisions and deferred taxes | 16 | €223,551 | €221,345 | -€2,206 | -1.0% |
| Deferred taxes | 168 | €223,551 | €221,345 | -€2,206 | -1.0% |
| Amounts payable | 17/49 | €2,569,394 | €2,290,431 | -€278,964 | -10.9% |
| Amounts payable after more than one year | 17 | €1,316,809 | €1,217,202 | -€99,608 | -7.6% |
| Financial debts | 170/4 | €1,316,809 | €1,217,202 | -€99,608 | -7.6% |
| Amounts payable within one year | 42/48 | €1,252,585 | €1,073,229 | -€179,356 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €97,768 | €99,608 | +€1,840 | +1.9% |
| Trade debts | 44 | €23,718 | - | -€23,718 | |
| Suppliers | 440/4 | €23,718 | - | -€23,718 | |
| Taxes, remuneration and social security | 45 | €33,788 | €2,098 | -€31,689 | -93.8% |
| Taxes | 450/3 | €26,961 | €2,098 | -€24,862 | -92.2% |
| Remuneration and social security | 454/9 | €6,827 | - | -€6,827 | |
| Other amounts payable | 47/48 | €1,097,311 | €971,523 | -€125,788 | -11.5% |
| Remuneration, social security and pensions | 62 | €365,272 | - | -€365,272 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,127 | €180,330 | +€1,203 | +0.7% |
| Other operating charges | 640/8 | €6,721 | €1,094 | -€5,628 | -83.7% |
| Gross operating margin | 9900 | €746,010 | €146,749 | -€599,261 | -80.3% |
| Operating profit (loss) | 9901 | €194,890 | -€34,674 | -€229,564 | |
| Financial income | 75/76B | €2,427 | €3,094 | +€667 | +27.5% |
| Recurring financial income | 75 | €2,427 | €3,094 | +€667 | +27.5% |
| Financial charges | 65/66B | €30,084 | €27,014 | -€3,070 | -10.2% |
| Recurring financial charges | 65 | €30,042 | €27,014 | -€3,028 | -10.1% |
| Non-recurring financial charges | 66B | €41 | - | -€41 | |
| Profit (loss) for the period before taxes | 9903 | €167,232 | -€58,594 | -€225,827 | |
| Transfer from deferred taxes | 780 | €2,206 | €2,206 | = | 0.0% |
| Income taxes | 67/77 | €52,554 | €30,927 | -€21,627 | -41.2% |
| Profit (loss) for the period | 9904 | €116,884 | -€87,315 | -€204,199 | |
| Transfer from tax-exempt reserves | 789 | €6,617 | €6,617 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €123,502 | -€80,698 | -€204,199 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.