KOUTERCAMPING: 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.
What changed
KOUTERCAMPING
NACE 55.300, Accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,425
2024 · €47,753-€38,328
Equity
€672,633
2024 · €663,208+€9,425
Cash
€285
2024 · €619-€334
Balance sheet total
€1.1m
2024 · €1.1m-€34,223
Largest movements
Assets
- Tangible fixed assets -€35,075
down €35,075 (-3.1%), from €1.1m to €1.1m
of which Land and buildings: -€32,284
Equity and liabilities
- Debts after one year -€80,318
down €80,318 (-23.4%), from €342,679 to €262,361
of which Other amounts payable: -€70,000
- Advances received +€31,920
up €31,920 (+57.1%), from €55,900 to €87,820
- Accrued charges and deferred income +€14,956
up €14,956 (+378.3%), from €3,953 to €18,910
- Short-term financial debts -€14,182
down €14,182 (-60.6%), from €23,413 to €9,231
Income statement
- Gross operating margin -€19,158
down €19,158 (-13.1%), from €146,139 to €126,981
- Financial charges +€15,373
up €15,373 (+184.3%), from €8,341 to €23,714
- Financial income +€3,904
up €3,904 (+4475.8%), from €87 to €3,991
- Taxes +€3,628
new in 2025: €3,628
- Other operating charges +€2,907
up €2,907 (+13.6%), from €21,377 to €24,284
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
€47,753
Gross operating margin
-€19,158
Staff costs
-€982
Depreciation
-€183
Other operating charges
-€2,907
Financial income
+€3,904
Financial charges
-€15,373
Taxes
-€3,628
Result 2025
€9,425
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
+€99,141
Investment
-€5,200
Financing
-€94,274
Cash 2024
€619
From operations (derived)
+€99,141
Net result for the year
+€9,425
Depreciation
+€40,275
Stocks and contracts
-€175
Receivables within one year
+€1,275
Deferred charges and accrued income
-€2,286
Trade debts
+€3,803
Tax, wage and social debts
+€512
Advances received
+€31,920
Other debts
-€565
Accrued charges and deferred income
+€14,956
Investment (derived)
-€5,200
Investment in fixed assets (net)
-€5,200
Financing
-€94,274
Debts after one year
-€80,318
Current portion of long-term debt
+€226
Short-term financial debts
-€14,182
Cash 2025
€285
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,146,679 | €1,112,456 | -€34,223 | -3.0% |
| Fixed assets | 21/28 | €1,127,831 | €1,092,756 | -€35,075 | -3.1% |
| Tangible fixed assets | 22/27 | €1,127,831 | €1,092,756 | -€35,075 | -3.1% |
| Land and buildings | 22 | €1,121,403 | €1,089,119 | -€32,284 | -2.9% |
| Plant, machinery and equipment | 23 | €6,410 | €3,636 | -€2,774 | -43.3% |
| Furniture and vehicles | 24 | €18 | - | -€18 | |
| Current assets | 29/58 | €18,848 | €19,701 | +€853 | +4.5% |
| Stocks and contracts in progress | 3 | €355 | €530 | +€175 | +49.3% |
| Stocks | 30/36 | €355 | €530 | +€175 | +49.3% |
| Amounts receivable within one year | 40/41 | €17,872 | €16,597 | -€1,275 | -7.1% |
| Trade receivables | 40 | €14,320 | €9,282 | -€5,038 | -35.2% |
| Other amounts receivable | 41 | €3,551 | €7,315 | +€3,763 | +106.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €619 | €285 | -€334 | -53.9% |
| Deferred charges and accrued income | 490/1 | €2 | €2,289 | +€2,286 | +93692.2% |
| Total equity and liabilities | 10/49 | €1,146,679 | €1,112,456 | -€34,223 | -3.0% |
| Equity | 10/15 | €663,208 | €672,633 | +€9,425 | +1.4% |
| Contributions | 10/11 | €435,000 | €435,000 | = | 0.0% |
| Capital | 10 | €435,000 | €435,000 | = | 0.0% |
| Issued capital | 100 | €435,000 | €435,000 | = | 0.0% |
| Reserves | 13 | €228,208 | €237,633 | +€9,425 | +4.1% |
| Non-distributable reserves | 130/1 | €43,500 | €43,500 | = | 0.0% |
| Legal reserve | 130 | €43,500 | €43,500 | = | 0.0% |
| Distributable reserves | 133 | €184,708 | €194,133 | +€9,425 | +5.1% |
| Amounts payable | 17/49 | €483,471 | €439,823 | -€43,648 | -9.0% |
| Amounts payable after more than one year | 17 | €342,679 | €262,361 | -€80,318 | -23.4% |
| Financial debts | 170/4 | €42,679 | €32,361 | -€10,318 | -24.2% |
| Other amounts payable | 178/9 | €300,000 | €230,000 | -€70,000 | -23.3% |
| Amounts payable within one year | 42/48 | €136,838 | €158,552 | +€21,714 | +15.9% |
| Current portion of amounts payable after more than one year | 42 | €10,092 | €10,318 | +€226 | +2.2% |
| Financial debts | 43 | €23,413 | €9,231 | -€14,182 | -60.6% |
| Credit institutions | 430/8 | €23,413 | €9,231 | -€14,182 | -60.6% |
| Trade debts | 44 | €19,624 | €23,427 | +€3,803 | +19.4% |
| Suppliers | 440/4 | €19,624 | €23,427 | +€3,803 | +19.4% |
| Advances received on contracts in progress | 46 | €55,900 | €87,820 | +€31,920 | +57.1% |
| Taxes, remuneration and social security | 45 | €3,784 | €4,296 | +€512 | +13.5% |
| Taxes | 450/3 | €758 | €567 | -€191 | -25.2% |
| Remuneration and social security | 454/9 | €3,026 | €3,729 | +€703 | +23.2% |
| Other amounts payable | 47/48 | €24,025 | €23,460 | -€565 | -2.4% |
| Accrued charges and deferred income | 492/3 | €3,953 | €18,910 | +€14,956 | +378.3% |
| Remuneration, social security and pensions | 62 | €28,662 | €29,645 | +€982 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,092 | €40,275 | +€183 | +0.5% |
| Other operating charges | 640/8 | €21,377 | €24,284 | +€2,907 | +13.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €146,139 | €126,981 | -€19,158 | -13.1% |
| Operating profit (loss) | 9901 | €56,007 | €32,776 | -€23,231 | -41.5% |
| Financial income | 75/76B | €87 | €3,991 | +€3,904 | +4475.8% |
| Recurring financial income | 75 | €87 | €3,991 | +€3,904 | +4475.8% |
| Financial charges | 65/66B | €8,341 | €23,714 | +€15,373 | +184.3% |
| Recurring financial charges | 65 | €8,341 | €23,714 | +€15,373 | +184.3% |
| Profit (loss) for the period before taxes | 9903 | €47,753 | €13,053 | -€34,700 | -72.7% |
| Income taxes | 67/77 | - | €3,628 | +€3,628 | |
| Profit (loss) for the period | 9904 | €47,753 | €9,425 | -€38,328 | -80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,753 | €9,425 | -€38,328 | -80.3% |
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 2 October 2026 via checked.be.