Groendesign Van Campfort: what changed
Groendesign Van Campfort
Largest movements
- Receivables within one year -€33,247
down €33,247 (-71.6%), from €46,452 to €13,205
of which Trade receivables: -€28,868
- Cash -€30,433
down €30,433 (-76.2%), from €39,957 to €9,523
mainly Contributions, distributions and other (-€66,009) and Investment in fixed assets (net) (-€39,102)
- Tangible fixed assets +€12,012
up €12,012 (+18.7%), from €64,282 to €76,293
of which Plant, machinery and equipment: +€12,945
- Deferred charges and accrued income -€5,552
down €5,552 (-83.1%), from €6,682 to €1,130
- Trade debts -€28,795
down €28,795 (-88.9%), from €32,402 to €3,607
- Reserves -€27,620
down €27,620 (-51.3%), from €53,848 to €26,228
- Other debts -€11,029
down €11,029 (-32.2%), from €34,240 to €23,211
- Current portion of long-term debt +€7,273
up €7,273 (+60.8%), from €11,965 to €19,238
- Debts after one year +€2,234
up €2,234 (+10.1%), from €22,066 to €24,299
- Gross operating margin +€17,694
up €17,694 (+13.4%), from €131,846 to €149,540
- Depreciation +€4,406
up €4,406 (+19.4%), from €22,684 to €27,091
- Staff costs +€3,985
up €3,985 (+6.2%), from €64,456 to €68,441
- Taxes +€2,922
up €2,922 (+29.8%), from €9,802 to €12,724
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,951 | €125,484 | -€56,467 | -31.0% |
| Fixed assets | 21/28 | €64,282 | €76,293 | +€12,012 | +18.7% |
| Tangible fixed assets | 22/27 | €64,282 | €76,293 | +€12,012 | +18.7% |
| Plant, machinery and equipment | 23 | €32,003 | €44,948 | +€12,945 | +40.4% |
| Furniture and vehicles | 24 | €32,279 | €31,346 | -€933 | -2.9% |
| Current assets | 29/58 | €117,669 | €49,190 | -€68,479 | -58.2% |
| Stocks and contracts in progress | 3 | €24,578 | €25,332 | +€754 | +3.1% |
| Stocks | 30/36 | €24,578 | €25,332 | +€754 | +3.1% |
| Amounts receivable within one year | 40/41 | €46,452 | €13,205 | -€33,247 | -71.6% |
| Trade receivables | 40 | €39,797 | €10,929 | -€28,868 | -72.5% |
| Other amounts receivable | 41 | €6,655 | €2,276 | -€4,379 | -65.8% |
| Cash at bank and in hand | 54/58 | €39,957 | €9,523 | -€30,433 | -76.2% |
| Deferred charges and accrued income | 490/1 | €6,682 | €1,130 | -€5,552 | -83.1% |
| Total equity and liabilities | 10/49 | €181,951 | €125,484 | -€56,467 | -31.0% |
| Equity | 10/15 | €72,448 | €44,828 | -€27,620 | -38.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,848 | €26,228 | -€27,620 | -51.3% |
| Distributable reserves | 133 | €53,848 | €26,228 | -€27,620 | -51.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,503 | €80,656 | -€28,847 | -26.3% |
| Amounts payable after more than one year | 17 | €22,066 | €24,299 | +€2,234 | +10.1% |
| Financial debts | 170/4 | €22,066 | €24,299 | +€2,234 | +10.1% |
| Amounts payable within one year | 42/48 | €87,437 | €56,356 | -€31,080 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €11,965 | €19,238 | +€7,273 | +60.8% |
| Trade debts | 44 | €32,402 | €3,607 | -€28,795 | -88.9% |
| Suppliers | 440/4 | €32,402 | €3,607 | -€28,795 | -88.9% |
| Taxes, remuneration and social security | 45 | €8,830 | €10,301 | +€1,471 | +16.7% |
| Taxes | 450/3 | €0 | €123 | +€123 | |
| Remuneration and social security | 454/9 | €8,830 | €10,178 | +€1,348 | +15.3% |
| Other amounts payable | 47/48 | €34,240 | €23,211 | -€11,029 | -32.2% |
| Non-recurring operating income | 76A | €0 | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €64,456 | €68,441 | +€3,985 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,684 | €27,091 | +€4,406 | +19.4% |
| Other operating charges | 640/8 | €1,145 | €728 | -€417 | -36.4% |
| Non-recurring operating charges | 66A | €676 | €0 | -€676 | -100% |
| Gross operating margin | 9900 | €131,846 | €149,540 | +€17,694 | +13.4% |
| Operating profit (loss) | 9901 | €42,885 | €53,281 | +€10,396 | +24.2% |
| Financial income | 75/76B | €73 | €151 | +€78 | +108% |
| Recurring financial income | 75 | €73 | €151 | +€78 | +108% |
| Financial charges | 65/66B | €2,035 | €2,319 | +€285 | +14.0% |
| Recurring financial charges | 65 | €2,035 | €2,319 | +€285 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €40,923 | €51,112 | +€10,190 | +24.9% |
| Income taxes | 67/77 | €9,802 | €12,724 | +€2,922 | +29.8% |
| Profit (loss) for the period | 9904 | €31,121 | €38,389 | +€7,268 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,121 | €38,389 | +€7,268 | +23.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.