King Camper: 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.
King Camper
Largest movements
- Tangible fixed assets -€247,343
down €247,343 (-40.1%), from €616,455 to €369,112
- Receivables within one year +€46,146
up €46,146 (+31.5%), from €146,631 to €192,777
of which Trade receivables: +€49,180
- Cash +€28,904
up €28,904 (+121%), from €23,923 to €52,826
mainly Investment in fixed assets (net) (+€144,155) and Depreciation (+€103,188)
- Receivables after one year -€26,526
down €26,526 (-7.2%), from €368,000 to €341,474
- Deferred charges and accrued income +€24,123
up €24,123 (+69.4%), from €34,765 to €58,888
- Short-term financial debts -€170,000
no longer reported in 2025 (was €170,000)
- Debts after one year -€105,887
down €105,887 (-16.8%), from €631,206 to €525,319
- Reserves +€65,000
up €65,000 (+144%), from €45,000 to €110,000
- Trade debts +€53,369
up €53,369 (+218%), from €24,485 to €77,854
- Tax, wage and social debts +€24,926
up €24,926 (+570%), from €4,373 to €29,299
- Depreciation -€73,014
down €73,014 (-41.4%), from €176,201 to €103,188
- Gross operating margin -€38,412
down €38,412 (-16.0%), from €240,178 to €201,766
- Financial income +€24,995
up €24,995 (+236%), from €10,613 to €35,608
- Taxes +€17,508
up €17,508 (+284%), from €6,170 to €23,678
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 | €1,204,414 | €1,027,367 | -€177,046 | -14.7% |
| Fixed assets | 21/28 | €616,467 | €369,124 | -€247,343 | -40.1% |
| Tangible fixed assets | 22/27 | €616,455 | €369,112 | -€247,343 | -40.1% |
| Furniture and vehicles | 24 | €616,455 | €369,112 | -€247,343 | -40.1% |
| Financial fixed assets | 28 | €12 | €12 | = | 0.0% |
| Current assets | 29/58 | €587,947 | €658,243 | +€70,296 | +12.0% |
| Amounts receivable after more than one year | 29 | €368,000 | €341,474 | -€26,526 | -7.2% |
| Other amounts receivable | 291 | €368,000 | €341,474 | -€26,526 | -7.2% |
| Stocks and contracts in progress | 3 | €14,628 | €12,278 | -€2,350 | -16.1% |
| Stocks | 30/36 | €14,628 | €12,278 | -€2,350 | -16.1% |
| Amounts receivable within one year | 40/41 | €146,631 | €192,777 | +€46,146 | +31.5% |
| Trade receivables | 40 | €8,631 | €57,811 | +€49,180 | +570% |
| Other amounts receivable | 41 | €138,000 | €134,965 | -€3,035 | -2.2% |
| Cash at bank and in hand | 54/58 | €23,923 | €52,826 | +€28,904 | +121% |
| Deferred charges and accrued income | 490/1 | €34,765 | €58,888 | +€24,123 | +69.4% |
| Total equity and liabilities | 10/49 | €1,204,414 | €1,027,367 | -€177,046 | -14.7% |
| Equity | 10/15 | €90,797 | €156,047 | +€65,251 | +71.9% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €110,000 | +€65,000 | +144% |
| Distributable reserves | 133 | €45,000 | €110,000 | +€65,000 | +144% |
| Profit (loss) carried forward | 14 | €797 | €1,047 | +€251 | +31.5% |
| Amounts payable | 17/49 | €1,113,617 | €871,320 | -€242,297 | -21.8% |
| Amounts payable after more than one year | 17 | €631,206 | €525,319 | -€105,887 | -16.8% |
| Financial debts | 170/4 | €631,206 | €525,319 | -€105,887 | -16.8% |
| Amounts payable within one year | 42/48 | €437,444 | €311,672 | -€125,772 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €115,637 | €105,887 | -€9,750 | -8.4% |
| Financial debts | 43 | €170,000 | - | -€170,000 | |
| Credit institutions | 430/8 | €170,000 | - | -€170,000 | |
| Trade debts | 44 | €24,485 | €77,854 | +€53,369 | +218% |
| Suppliers | 440/4 | €24,485 | €77,854 | +€53,369 | +218% |
| Advances received on contracts in progress | 46 | €9,000 | €3,500 | -€5,500 | -61.1% |
| Taxes, remuneration and social security | 45 | €4,373 | €29,299 | +€24,926 | +570% |
| Taxes | 450/3 | €4,373 | €29,299 | +€24,926 | +570% |
| Other amounts payable | 47/48 | €113,950 | €95,134 | -€18,816 | -16.5% |
| Accrued charges and deferred income | 492/3 | €44,967 | €34,328 | -€10,638 | -23.7% |
| Non-recurring operating income | 76A | €62,517 | €51,252 | -€11,265 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,201 | €103,188 | -€73,014 | -41.4% |
| Other operating charges | 640/8 | €3,178 | €3,910 | +€732 | +23.0% |
| Gross operating margin | 9900 | €240,178 | €201,766 | -€38,412 | -16.0% |
| Operating profit (loss) | 9901 | €60,799 | €94,669 | +€33,870 | +55.7% |
| Financial income | 75/76B | €10,613 | €35,608 | +€24,995 | +236% |
| Recurring financial income | 75 | €10,613 | €35,608 | +€24,995 | +236% |
| Financial charges | 65/66B | €41,449 | €41,348 | -€101 | -0.2% |
| Recurring financial charges | 65 | €41,449 | €41,348 | -€101 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €29,962 | €88,929 | +€58,966 | +197% |
| Income taxes | 67/77 | €6,170 | €23,678 | +€17,508 | +284% |
| Profit (loss) for the period | 9904 | €23,792 | €65,251 | +€41,458 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €23,792 | €65,251 | +€41,458 | +174% |
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 15 October 2026 via checked.be.