LA CAMPAGNETTE: 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.
LA CAMPAGNETTE
Largest movements
- Cash +€42,383
up €42,383 (+33.7%), from €125,683 to €168,065
mainly Depreciation (+€46,102) and Net result for the year (+€44,660)
- Tangible fixed assets -€28,495
down €28,495 (-12.7%), from €225,141 to €196,646
of which Land and buildings: -€32,765
- Receivables within one year -€16,726
down €16,726 (-73.9%), from €22,643 to €5,917
- Profit (loss) carried forward +€44,660
up €44,660 (+403.2%), from €11,076 to €55,736
- Debts after one year -€31,622
down €31,622 (-23.4%), from €134,870 to €103,248
- Current portion of long-term debt -€22,548
down €22,548 (-41.6%), from €54,187 to €31,640
- Trade debts +€9,494
up €9,494 (+44.5%), from €21,358 to €30,853
- Advances received -€6,000
down €6,000 (-18.1%), from €33,200 to €27,200
- Gross operating margin -€24,460
down €24,460 (-6.8%), from €358,956 to €334,497
- Staff costs -€22,826
down €22,826 (-8.9%), from €255,619 to €232,792
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €394,889 | €388,880 | -€6,009 | -1.5% |
| Fixed assets | 21/28 | €225,141 | €196,646 | -€28,495 | -12.7% |
| Tangible fixed assets | 22/27 | €225,141 | €196,646 | -€28,495 | -12.7% |
| Land and buildings | 22 | €191,603 | €158,839 | -€32,765 | -17.1% |
| Plant, machinery and equipment | 23 | €32,839 | €28,065 | -€4,774 | -14.5% |
| Furniture and vehicles | 24 | €699 | €9,743 | +€9,044 | +1294.1% |
| Current assets | 29/58 | €169,748 | €192,234 | +€22,486 | +13.2% |
| Stocks and contracts in progress | 3 | €18,227 | €16,064 | -€2,163 | -11.9% |
| Stocks | 30/36 | €18,227 | €16,064 | -€2,163 | -11.9% |
| Amounts receivable within one year | 40/41 | €22,643 | €5,917 | -€16,726 | -73.9% |
| Trade receivables | 40 | €22,643 | €5,917 | -€16,726 | -73.9% |
| Cash at bank and in hand | 54/58 | €125,683 | €168,065 | +€42,383 | +33.7% |
| Deferred charges and accrued income | 490/1 | €3,196 | €2,188 | -€1,008 | -31.6% |
| Total equity and liabilities | 10/49 | €394,889 | €388,880 | -€6,009 | -1.5% |
| Equity | 10/15 | €31,536 | €76,196 | +€44,660 | +141.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,076 | €55,736 | +€44,660 | +403.2% |
| Amounts payable | 17/49 | €363,353 | €312,684 | -€50,669 | -13.9% |
| Amounts payable after more than one year | 17 | €134,870 | €103,248 | -€31,622 | -23.4% |
| Financial debts | 170/4 | €134,870 | €103,248 | -€31,622 | -23.4% |
| Amounts payable within one year | 42/48 | €228,483 | €209,435 | -€19,048 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €54,187 | €31,640 | -€22,548 | -41.6% |
| Trade debts | 44 | €21,358 | €30,853 | +€9,494 | +44.5% |
| Suppliers | 440/4 | €21,358 | €30,853 | +€9,494 | +44.5% |
| Advances received on contracts in progress | 46 | €33,200 | €27,200 | -€6,000 | -18.1% |
| Taxes, remuneration and social security | 45 | €68,973 | €70,824 | +€1,851 | +2.7% |
| Taxes | 450/3 | €27,367 | €25,626 | -€1,741 | -6.4% |
| Remuneration and social security | 454/9 | €41,606 | €45,198 | +€3,592 | +8.6% |
| Other amounts payable | 47/48 | €50,764 | €48,919 | -€1,845 | -3.6% |
| Remuneration, social security and pensions | 62 | €255,619 | €232,792 | -€22,826 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,318 | €46,102 | -€217 | -0.5% |
| Other operating charges | 640/8 | €7,797 | €9,363 | +€1,566 | +20.1% |
| Gross operating margin | 9900 | €358,956 | €334,497 | -€24,460 | -6.8% |
| Operating profit (loss) | 9901 | €49,223 | €46,240 | -€2,983 | -6.1% |
| Financial income | 75/76B | €290 | €223 | -€67 | -23.2% |
| Recurring financial income | 75 | €290 | €223 | -€67 | -23.2% |
| Financial charges | 65/66B | €3,000 | €1,481 | -€1,519 | -50.6% |
| Recurring financial charges | 65 | €3,000 | €1,481 | -€1,519 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €46,513 | €44,982 | -€1,531 | -3.3% |
| Income taxes | 67/77 | €678 | €322 | -€356 | -52.5% |
| Profit (loss) for the period | 9904 | €45,836 | €44,660 | -€1,175 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,836 | €44,660 | -€1,175 | -2.6% |
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 10 October 2026 via checked.be.