Van Camp & Zoon: 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.
Van Camp & Zoon
Largest movements
- Cash +€46,967
up €46,967 (+26.1%), from €179,901 to €226,868
mainly Net result for the year (+€40,237) and Tax, wage and social debts (+€8,854)
- Tangible fixed assets -€4,308
down €4,308 (-17.8%), from €24,228 to €19,920
of which Plant, machinery and equipment: -€3,221
- Profit (loss) carried forward +€40,237
up €40,237 (+18.8%), from €213,548 to €253,785
- Trade debts -€14,855
down €14,855 (-30.2%), from €49,191 to €34,337
- Tax, wage and social debts +€8,854
up €8,854 (+56.3%), from €15,734 to €24,587
of which Taxes: +€11,220
- Other debts +€5,167
new in 2025: €5,167
- Gross operating margin +€24,647
up €24,647 (+53.7%), from €45,910 to €70,556
- Taxes +€5,486
up €5,486 (+79.7%), from €6,886 to €12,372
- Depreciation +€4,794
up €4,794 (+378%), from €1,269 to €6,063
- Staff costs -€3,795
down €3,795 (-27.3%), from €13,889 to €10,095
- Other operating charges +€1,329
up €1,329 (+946%), from €141 to €1,469
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 | €305,283 | €344,686 | +€39,403 | +12.9% |
| Fixed assets | 21/28 | €29,866 | €25,558 | -€4,308 | -14.4% |
| Tangible fixed assets | 22/27 | €24,228 | €19,920 | -€4,308 | -17.8% |
| Plant, machinery and equipment | 23 | €23,141 | €19,920 | -€3,221 | -13.9% |
| Furniture and vehicles | 24 | €1,087 | - | -€1,087 | |
| Financial fixed assets | 28 | €5,638 | €5,638 | = | 0.0% |
| Current assets | 29/58 | €275,417 | €319,128 | +€43,711 | +15.9% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,057 | €71,764 | -€1,293 | -1.8% |
| Trade receivables | 40 | €63,573 | €60,913 | -€2,660 | -4.2% |
| Other amounts receivable | 41 | €9,484 | €10,850 | +€1,366 | +14.4% |
| Cash at bank and in hand | 54/58 | €179,901 | €226,868 | +€46,967 | +26.1% |
| Deferred charges and accrued income | 490/1 | €2,459 | €497 | -€1,962 | -79.8% |
| Total equity and liabilities | 10/49 | €305,283 | €344,686 | +€39,403 | +12.9% |
| Equity | 10/15 | €240,358 | €280,595 | +€40,237 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,548 | €253,785 | +€40,237 | +18.8% |
| Amounts payable | 17/49 | €64,925 | €64,092 | -€833 | -1.3% |
| Amounts payable within one year | 42/48 | €64,925 | €64,092 | -€833 | -1.3% |
| Trade debts | 44 | €49,191 | €34,337 | -€14,855 | -30.2% |
| Suppliers | 440/4 | €49,191 | €34,337 | -€14,855 | -30.2% |
| Taxes, remuneration and social security | 45 | €15,734 | €24,587 | +€8,854 | +56.3% |
| Taxes | 450/3 | €8,612 | €19,832 | +€11,220 | +130% |
| Remuneration and social security | 454/9 | €7,122 | €4,756 | -€2,366 | -33.2% |
| Other amounts payable | 47/48 | - | €5,167 | +€5,167 | |
| Remuneration, social security and pensions | 62 | €13,889 | €10,095 | -€3,795 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,269 | €6,063 | +€4,794 | +378% |
| Other operating charges | 640/8 | €141 | €1,469 | +€1,329 | +946% |
| Gross operating margin | 9900 | €45,910 | €70,556 | +€24,647 | +53.7% |
| Operating profit (loss) | 9901 | €30,611 | €52,929 | +€22,318 | +72.9% |
| Financial income | 75/76B | €9 | €0 | -€9 | -96.6% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -96.6% |
| Financial charges | 65/66B | €106 | €321 | +€215 | +202% |
| Recurring financial charges | 65 | €106 | €321 | +€215 | +202% |
| Profit (loss) for the period before taxes | 9903 | €30,513 | €52,608 | +€22,095 | +72.4% |
| Income taxes | 67/77 | €6,886 | €12,372 | +€5,486 | +79.7% |
| Profit (loss) for the period | 9904 | €23,628 | €40,237 | +€16,609 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,628 | €40,237 | +€16,609 | +70.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.