Thomas Campo: what changed
What changed
Thomas Campo
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€4,359
2024 · -€823-€3,536
Equity
€33,797
2024 · €38,156-€4,359
Cash
€18,295
2024 · €29,965-€11,669
Balance sheet total
€461,504
2024 · €397,518+€63,986
Largest movements
Assets
- Tangible fixed assets +€51,914
up €51,914 (+15.9%), from €326,681 to €378,595
of which Plant, machinery and equipment: +€65,648
- Receivables within one year +€22,952
up €22,952 (+72.6%), from €31,623 to €54,575
of which Trade receivables: +€21,905
- Cash -€11,669
down €11,669 (-38.9%), from €29,965 to €18,295
mainly Investment in fixed assets (net) (-€100,854) and Receivables within one year (-€22,952)
Equity and liabilities
- Other debts +€39,485
up €39,485 (+67.7%), from €58,303 to €97,788
- Debts after one year +€31,151
up €31,151 (+11.6%), from €268,434 to €299,585
Income statement
- Gross operating margin -€10,360
down €10,360 (-8.9%), from €116,631 to €106,272
- Staff costs -€6,908
down €6,908 (-12.8%), from €54,085 to €47,176
- Depreciation +€1,417
up €1,417 (+3.0%), from €47,523 to €48,940
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.
Result 2024
-€823
Gross operating margin
-€10,360
Staff costs
+€6,908
Depreciation
-€1,417
Other operating charges
+€844
Financial income
-€935
Financial charges
+€600
Taxes
+€823
Result 2025
-€4,359
raises the resultlowers the result
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.
From operations
+€56,247
Investment
-€100,854
Financing
+€32,938
Cash 2024
€29,965
From operations (derived)
+€56,247
Net result for the year
-€4,359
Depreciation
+€48,940
Stocks and contracts
+€152
Receivables within one year
-€22,952
Deferred charges and accrued income
-€941
Trade debts
-€2,391
Tax, wage and social debts
-€1,686
Other debts
+€39,485
Investment (derived)
-€100,854
Investment in fixed assets (net)
-€100,854
Financing
+€32,938
Debts after one year
+€31,151
Current portion of long-term debt
+€1,787
Cash 2025
€18,295
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,518 | €461,504 | +€63,986 | +16.1% |
| Fixed assets | 21/28 | €327,881 | €379,795 | +€51,914 | +15.8% |
| Tangible fixed assets | 22/27 | €326,681 | €378,595 | +€51,914 | +15.9% |
| Land and buildings | 22 | €253,487 | €245,029 | -€8,458 | -3.3% |
| Plant, machinery and equipment | 23 | €61,759 | €127,407 | +€65,648 | +106% |
| Furniture and vehicles | 24 | €11,435 | €6,159 | -€5,276 | -46.1% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €69,637 | €81,709 | +€12,072 | +17.3% |
| Stocks and contracts in progress | 3 | €6,936 | €6,784 | -€152 | -2.2% |
| Stocks | 30/36 | €6,936 | €6,784 | -€152 | -2.2% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €31,623 | €54,575 | +€22,952 | +72.6% |
| Trade receivables | 40 | €29,955 | €51,860 | +€21,905 | +73.1% |
| Other amounts receivable | 41 | €1,668 | €2,715 | +€1,048 | +62.8% |
| Cash at bank and in hand | 54/58 | €29,965 | €18,295 | -€11,669 | -38.9% |
| Deferred charges and accrued income | 490/1 | €1,114 | €2,055 | +€941 | +84.4% |
| Total equity and liabilities | 10/49 | €397,518 | €461,504 | +€63,986 | +16.1% |
| Equity | 10/15 | €38,156 | €33,797 | -€4,359 | -11.4% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Reserves | 13 | €37,856 | €33,497 | -€4,359 | -11.5% |
| Distributable reserves | 133 | €37,856 | €33,497 | -€4,359 | -11.5% |
| Amounts payable | 17/49 | €359,361 | €427,707 | +€68,346 | +19.0% |
| Amounts payable after more than one year | 17 | €268,434 | €299,585 | +€31,151 | +11.6% |
| Financial debts | 170/4 | €268,434 | €299,585 | +€31,151 | +11.6% |
| Amounts payable within one year | 42/48 | €90,927 | €128,122 | +€37,194 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €27,298 | €29,085 | +€1,787 | +6.5% |
| Trade debts | 44 | €3,514 | €1,123 | -€2,391 | -68.0% |
| Suppliers | 440/4 | €3,514 | €1,123 | -€2,391 | -68.0% |
| Taxes, remuneration and social security | 45 | €1,812 | €126 | -€1,686 | -93.0% |
| Taxes | 450/3 | €1,812 | €126 | -€1,686 | -93.0% |
| Other amounts payable | 47/48 | €58,303 | €97,788 | +€39,485 | +67.7% |
| Remuneration, social security and pensions | 62 | €54,085 | €47,176 | -€6,908 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,523 | €48,940 | +€1,417 | +3.0% |
| Other operating charges | 640/8 | €3,041 | €2,197 | -€844 | -27.7% |
| Gross operating margin | 9900 | €116,631 | €106,272 | -€10,360 | -8.9% |
| Operating profit (loss) | 9901 | €11,983 | €7,958 | -€4,025 | -33.6% |
| Financial income | 75/76B | €1,464 | €530 | -€935 | -63.8% |
| Recurring financial income | 75 | €1,464 | €530 | -€935 | -63.8% |
| Financial charges | 65/66B | €13,306 | €12,707 | -€600 | -4.5% |
| Recurring financial charges | 65 | €13,306 | €12,707 | -€600 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €140 | -€4,219 | -€4,359 | |
| Income taxes | 67/77 | €964 | €140 | -€823 | -85.4% |
| Profit (loss) for the period | 9904 | -€823 | -€4,359 | -€3,536 | -429% |
| Profit (loss) for the period to be appropriated | 9905 | -€823 | -€4,359 | -€3,536 | -429% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.