PETER VAN CAMPFORT: 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.
PETER VAN CAMPFORT
Largest movements
- Tangible fixed assets -€54,621
down €54,621 (-18.4%), from €296,932 to €242,311
of which Land and buildings: -€44,907
- Cash +€44,832
up €44,832 (+11.1%), from €404,413 to €449,245
mainly Net result for the year (+€169,428) and Depreciation (+€57,162)
- Debts after one year -€12,963
down €12,963 (-13.6%), from €95,428 to €82,465
- Gross operating margin +€50,690
up €50,690 (+14.2%), from €357,251 to €407,941
- Taxes +€13,867
up €13,867 (+21.2%), from €65,494 to €79,360
- Staff costs +€6,073
up €6,073 (+6.4%), from €94,220 to €100,293
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 | €1,088,201 | €1,080,045 | -€8,155 | -0.7% |
| Fixed assets | 21/28 | €296,932 | €242,311 | -€54,621 | -18.4% |
| Tangible fixed assets | 22/27 | €296,932 | €242,311 | -€54,621 | -18.4% |
| Land and buildings | 22 | €253,417 | €208,510 | -€44,907 | -17.7% |
| Plant, machinery and equipment | 23 | €11,310 | €9,951 | -€1,359 | -12.0% |
| Furniture and vehicles | 24 | €32,205 | €23,850 | -€8,354 | -25.9% |
| Current assets | 29/58 | €791,269 | €837,735 | +€46,466 | +5.9% |
| Amounts receivable within one year | 40/41 | €12,492 | €8,457 | -€4,034 | -32.3% |
| Other amounts receivable | 41 | €12,492 | €8,457 | -€4,034 | -32.3% |
| Current investments | 50/53 | €344,642 | €344,642 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €404,413 | €449,245 | +€44,832 | +11.1% |
| Deferred charges and accrued income | 490/1 | €29,722 | €35,391 | +€5,669 | +19.1% |
| Total equity and liabilities | 10/49 | €1,088,201 | €1,080,045 | -€8,155 | -0.7% |
| Equity | 10/15 | €940,797 | €944,290 | +€3,493 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €918,093 | €921,586 | +€3,493 | +0.4% |
| Distributable reserves | 133 | €918,093 | €921,586 | +€3,493 | +0.4% |
| Profit (loss) carried forward | 14 | €4,104 | €4,104 | = | 0.0% |
| Amounts payable | 17/49 | €147,404 | €135,755 | -€11,648 | -7.9% |
| Amounts payable after more than one year | 17 | €95,428 | €82,465 | -€12,963 | -13.6% |
| Financial debts | 170/4 | €95,428 | €82,465 | -€12,963 | -13.6% |
| Amounts payable within one year | 42/48 | €51,976 | €53,290 | +€1,314 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €12,601 | €7,394 | -€5,206 | -41.3% |
| Trade debts | 44 | €3,768 | €3,897 | +€129 | +3.4% |
| Suppliers | 440/4 | €3,768 | €3,897 | +€129 | +3.4% |
| Taxes, remuneration and social security | 45 | €32,699 | €39,091 | +€6,392 | +19.5% |
| Taxes | 450/3 | €27,090 | €33,311 | +€6,221 | +23.0% |
| Remuneration and social security | 454/9 | €5,609 | €5,779 | +€170 | +3.0% |
| Other amounts payable | 47/48 | €2,909 | €2,909 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €94,220 | €100,293 | +€6,073 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,390 | €57,162 | +€1,773 | +3.2% |
| Other operating charges | 640/8 | €4,175 | €4,767 | +€592 | +14.2% |
| Gross operating margin | 9900 | €357,251 | €407,941 | +€50,690 | +14.2% |
| Operating profit (loss) | 9901 | €203,467 | €245,719 | +€42,252 | +20.8% |
| Financial income | 75/76B | €2,218 | €3,821 | +€1,603 | +72.3% |
| Recurring financial income | 75 | €2,218 | €3,821 | +€1,603 | +72.3% |
| Financial charges | 65/66B | €684 | €751 | +€68 | +9.9% |
| Recurring financial charges | 65 | €684 | €751 | +€68 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €205,001 | €248,788 | +€43,787 | +21.4% |
| Income taxes | 67/77 | €65,494 | €79,360 | +€13,867 | +21.2% |
| Profit (loss) for the period | 9904 | €139,508 | €169,428 | +€29,920 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,508 | €169,428 | +€29,920 | +21.4% |
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 31 October 2026 via checked.be.