TS CAMPING CAR: 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.
TS CAMPING CAR
Largest movements
- Stocks and contracts +€365,840
up €365,840 (+259%), from €141,033 to €506,873
- Receivables within one year -€169,334
down €169,334 (-62.5%), from €270,883 to €101,549
of which Trade receivables: -€91,107
- Tangible fixed assets +€108,124
up €108,124 (+178%), from €60,723 to €168,847
of which Furniture and vehicles: +€109,926
- Cash -€43,590
down €43,590 (-38.3%), from €113,848 to €70,259
mainly Stocks and contracts (-€365,840) and Investment in fixed assets (net) (-€132,551)
- Reserves +€176,967
new in 2025: €176,967
- Advances received +€53,620
up €53,620 (+65.8%), from €81,450 to €135,070
- Debts after one year +€35,360
up €35,360 (+484%), from €7,302 to €42,663
- Other debts -€32,782
no longer reported in 2025 (was €32,782)
- Tax, wage and social debts +€10,493
up €10,493 (+46.8%), from €22,437 to €32,929
of which Taxes: +€8,499
- Gross operating margin +€205,437
up €205,437 (+225%), from €91,364 to €296,801
- Taxes +€47,235
up €47,235 (+348%), from €13,590 to €60,824
- Staff costs +€17,564
new in 2025: €17,564
- Depreciation +€16,087
up €16,087 (+193%), from €8,340 to €24,427
- Other operating charges -€8,459
down €8,459 (-97.1%), from €8,712 to €254
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 | €591,146 | €847,528 | +€256,382 | +43.4% |
| Fixed assets | 21/28 | €60,723 | €168,847 | +€108,124 | +178% |
| Tangible fixed assets | 22/27 | €60,723 | €168,847 | +€108,124 | +178% |
| Plant, machinery and equipment | 23 | €288 | €4,383 | +€4,095 | +1,422% |
| Furniture and vehicles | 24 | - | €109,926 | +€109,926 | |
| Other tangible fixed assets | 26 | €60,436 | €54,538 | -€5,898 | -9.8% |
| Current assets | 29/58 | €530,423 | €678,681 | +€148,258 | +28.0% |
| Stocks and contracts in progress | 3 | €141,033 | €506,873 | +€365,840 | +259% |
| Stocks | 30/36 | €141,033 | €506,873 | +€365,840 | +259% |
| Amounts receivable within one year | 40/41 | €270,883 | €101,549 | -€169,334 | -62.5% |
| Trade receivables | 40 | €96,107 | €5,000 | -€91,107 | -94.8% |
| Other amounts receivable | 41 | €174,776 | €96,549 | -€78,227 | -44.8% |
| Cash at bank and in hand | 54/58 | €113,848 | €70,259 | -€43,590 | -38.3% |
| Deferred charges and accrued income | 490/1 | €4,659 | - | -€4,659 | |
| Total equity and liabilities | 10/49 | €591,146 | €847,528 | +€256,382 | +43.4% |
| Equity | 10/15 | €100,000 | €276,967 | +€176,967 | +177% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €176,967 | +€176,967 | |
| Distributable reserves | 133 | - | €176,967 | +€176,967 | |
| Amounts payable | 17/49 | €491,146 | €570,562 | +€79,415 | +16.2% |
| Amounts payable after more than one year | 17 | €7,302 | €42,663 | +€35,360 | +484% |
| Financial debts | 170/4 | €7,302 | €42,663 | +€35,360 | +484% |
| Amounts payable within one year | 42/48 | €483,844 | €527,899 | +€44,055 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €46,328 | €56,116 | +€9,788 | +21.1% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €848 | €3,784 | +€2,935 | +346% |
| Suppliers | 440/4 | €848 | €3,784 | +€2,935 | +346% |
| Advances received on contracts in progress | 46 | €81,450 | €135,070 | +€53,620 | +65.8% |
| Taxes, remuneration and social security | 45 | €22,437 | €32,929 | +€10,493 | +46.8% |
| Taxes | 450/3 | €22,437 | €30,936 | +€8,499 | +37.9% |
| Remuneration and social security | 454/9 | - | €1,993 | +€1,993 | |
| Other amounts payable | 47/48 | €32,782 | - | -€32,782 | |
| Remuneration, social security and pensions | 62 | - | €17,564 | +€17,564 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,340 | €24,427 | +€16,087 | +193% |
| Other operating charges | 640/8 | €8,712 | €254 | -€8,459 | -97.1% |
| Gross operating margin | 9900 | €91,364 | €296,801 | +€205,437 | +225% |
| Operating profit (loss) | 9901 | €74,311 | €254,556 | +€180,245 | +243% |
| Financial income | 75/76B | €8 | €3 | -€5 | -61.6% |
| Recurring financial income | 75 | €8 | €3 | -€5 | -61.6% |
| Financial charges | 65/66B | €22,163 | €16,768 | -€5,395 | -24.3% |
| Recurring financial charges | 65 | €22,163 | €16,768 | -€5,395 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €52,156 | €237,791 | +€185,635 | +356% |
| Income taxes | 67/77 | €13,590 | €60,824 | +€47,235 | +348% |
| Profit (loss) for the period | 9904 | €38,567 | €176,967 | +€138,400 | +359% |
| Profit (loss) for the period to be appropriated | 9905 | €38,567 | €176,967 | +€138,400 | +359% |
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 23 October 2026 via checked.be.