AN CALSIJN: what changed
AN CALSIJN
Largest movements
- Tangible fixed assets -€19,867
down €19,867 (-25.3%), from €78,449 to €58,581
of which Land and buildings: -€19,414
- Cash -€1,935
down €1,935 (-33.8%), from €5,728 to €3,792
mainly Net result for the year (-€20,955) and Debts after one year (-€14,535)
- Profit (loss) carried forward -€20,955
down €20,955 (-66.3%), from -€31,614 to -€52,569
- Tax, wage and social debts +€19,544
up €19,544 (+262%), from €7,463 to €27,007
of which Remuneration and social security: +€17,563
- Debts after one year -€14,535
down €14,535 (-17.0%), from €85,549 to €71,014
- Current portion of long-term debt -€4,957
down €4,957 (-25.8%), from €19,206 to €14,249
- Trade debts -€4,346
down €4,346 (-24.8%), from €17,496 to €13,150
- Staff costs +€38,563
up €38,563 (+123%), from €31,232 to €69,795
- Gross operating margin +€12,739
up €12,739 (+20.6%), from €61,745 to €74,485
- Taxes -€4,427
down €4,427 (-96.9%), from €4,568 to €141
- Financial charges -€4,045
down €4,045 (-53.2%), from €7,610 to €3,565
- Other operating charges -€754
down €754 (-26.3%), from €2,869 to €2,115
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,087 | €129,221 | -€22,866 | -15.0% |
| Fixed assets | 21/28 | €78,524 | €58,656 | -€19,867 | -25.3% |
| Tangible fixed assets | 22/27 | €78,449 | €58,581 | -€19,867 | -25.3% |
| Land and buildings | 22 | €75,789 | €56,374 | -€19,414 | -25.6% |
| Plant, machinery and equipment | 23 | €747 | €624 | -€123 | -16.5% |
| Furniture and vehicles | 24 | €1,913 | €1,583 | -€330 | -17.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €73,563 | €70,565 | -€2,999 | -4.1% |
| Amounts receivable within one year | 40/41 | €67,279 | €66,772 | -€506 | -0.8% |
| Trade receivables | 40 | €55,641 | €65,845 | +€10,204 | +18.3% |
| Other amounts receivable | 41 | €11,638 | €927 | -€10,711 | -92.0% |
| Cash at bank and in hand | 54/58 | €5,728 | €3,792 | -€1,935 | -33.8% |
| Deferred charges and accrued income | 490/1 | €557 | - | -€557 | |
| Total equity and liabilities | 10/49 | €152,087 | €129,221 | -€22,866 | -15.0% |
| Equity | 10/15 | €5,633 | -€15,323 | -€20,955 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €18,647 | €18,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,614 | -€52,569 | -€20,955 | -66.3% |
| Amounts payable | 17/49 | €146,454 | €144,544 | -€1,911 | -1.3% |
| Amounts payable after more than one year | 17 | €85,549 | €71,014 | -€14,535 | -17.0% |
| Financial debts | 170/4 | €85,549 | €71,014 | -€14,535 | -17.0% |
| Amounts payable within one year | 42/48 | €44,165 | €55,590 | +€11,424 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €19,206 | €14,249 | -€4,957 | -25.8% |
| Trade debts | 44 | €17,496 | €13,150 | -€4,346 | -24.8% |
| Suppliers | 440/4 | €17,496 | €13,150 | -€4,346 | -24.8% |
| Taxes, remuneration and social security | 45 | €7,463 | €27,007 | +€19,544 | +262% |
| Taxes | 450/3 | €3,699 | €5,680 | +€1,981 | +53.6% |
| Remuneration and social security | 454/9 | €3,764 | €21,327 | +€17,563 | +467% |
| Other amounts payable | 47/48 | - | €1,183 | +€1,183 | |
| Accrued charges and deferred income | 492/3 | €16,740 | €17,940 | +€1,200 | +7.2% |
| Remuneration, social security and pensions | 62 | €31,232 | €69,795 | +€38,563 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,867 | €19,867 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,869 | €2,115 | -€754 | -26.3% |
| Gross operating margin | 9900 | €61,745 | €74,485 | +€12,739 | +20.6% |
| Operating profit (loss) | 9901 | €7,777 | -€17,292 | -€25,069 | |
| Financial income | 75/76B | €560 | €43 | -€517 | -92.4% |
| Recurring financial income | 75 | €560 | €43 | -€517 | -92.4% |
| Financial charges | 65/66B | €7,610 | €3,565 | -€4,045 | -53.2% |
| Recurring financial charges | 65 | €7,610 | €3,565 | -€4,045 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €727 | -€20,814 | -€21,541 | |
| Income taxes | 67/77 | €4,568 | €141 | -€4,427 | -96.9% |
| Profit (loss) for the period | 9904 | -€3,841 | -€20,955 | -€17,114 | -446% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,841 | -€20,955 | -€17,114 | -446% |
Next steps
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 2 November 2026 via checked.be.