CAMMO: 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.
CAMMO
Largest movements
- Receivables within one year +€43,538
up €43,538 (+253%), from €17,209 to €60,747
of which Trade receivables: +€55,942
- Stocks and contracts +€3,764
new in 2025: €3,764
- Trade debts +€37,783
up €37,783 (+2,421%), from €1,561 to €39,344
- Profit (loss) carried forward +€5,595
up €5,595, from -€3,675 to €1,920
- Other debts +€2,612
up €2,612 (+37.7%), from €6,923 to €9,535
- Tax, wage and social debts +€1,272
new in 2025: €1,272
- Gross operating margin +€7,248
up €7,248, from -€1,343 to €5,905
- Taxes +€676
new in 2025: €676
- Financial income -€416
down €416 (-41.1%), from €1,012 to €596
- Financial charges +€60
new in 2025: €60
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,209 | €64,511 | +€47,302 | +275% |
| Current assets | 29/58 | €17,209 | €64,511 | +€47,302 | +275% |
| Stocks and contracts in progress | 3 | - | €3,764 | +€3,764 | |
| Stocks | 30/36 | - | €3,764 | +€3,764 | |
| Amounts receivable within one year | 40/41 | €17,209 | €60,747 | +€43,538 | +253% |
| Trade receivables | 40 | - | €55,942 | +€55,942 | |
| Other amounts receivable | 41 | €17,209 | €4,805 | -€12,404 | -72.1% |
| Total equity and liabilities | 10/49 | €17,209 | €64,511 | +€47,302 | +275% |
| Equity | 10/15 | €8,725 | €14,320 | +€5,595 | +64.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,675 | €1,920 | +€5,595 | |
| Amounts payable | 17/49 | €8,483 | €50,191 | +€41,707 | +492% |
| Amounts payable within one year | 42/48 | €8,483 | €50,191 | +€41,707 | +492% |
| Financial debts | 43 | - | €41 | +€41 | |
| Credit institutions | 430/8 | - | €41 | +€41 | |
| Trade debts | 44 | €1,561 | €39,344 | +€37,783 | +2,421% |
| Suppliers | 440/4 | €1,561 | €39,344 | +€37,783 | +2,421% |
| Taxes, remuneration and social security | 45 | - | €1,272 | +€1,272 | |
| Taxes | 450/3 | - | €1,272 | +€1,272 | |
| Other amounts payable | 47/48 | €6,923 | €9,535 | +€2,612 | +37.7% |
| Other operating charges | 640/8 | €118 | €170 | +€52 | +44.1% |
| Gross operating margin | 9900 | -€1,343 | €5,905 | +€7,248 | |
| Operating profit (loss) | 9901 | -€1,461 | €5,735 | +€7,196 | |
| Financial income | 75/76B | €1,012 | €596 | -€416 | -41.1% |
| Recurring financial income | 75 | €1,012 | €596 | -€416 | -41.1% |
| Financial charges | 65/66B | - | €60 | +€60 | |
| Recurring financial charges | 65 | - | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | -€449 | €6,271 | +€6,720 | |
| Income taxes | 67/77 | - | €676 | +€676 | |
| Profit (loss) for the period | 9904 | -€449 | €5,595 | +€6,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€449 | €5,595 | +€6,044 |
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 24 October 2026 via checked.be.