CA.LO: 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.
CA.LO
Largest movements
- Cash -€72,594
down €72,594 (-90.5%), from €80,227 to €7,632
mainly Contributions, distributions and other (-€56,610) and Receivables within one year (-€35,120)
- Receivables within one year +€35,120
up €35,120 (+129.8%), from €27,057 to €62,177
of which Trade receivables: +€31,547
- Tangible fixed assets +€19,488
up €19,488 (+629.8%), from €3,094 to €22,582
of which Furniture and vehicles: +€19,882
- Deferred charges and accrued income +€2,607
new in 2025: €2,607
- Profit (loss) carried forward -€30,051
no longer reported in 2025 (was €30,051)
- Current portion of long-term debt +€11,293
new in 2025: €11,293
- Other debts +€5,548
up €5,548 (+11.3%), from €48,909 to €54,457
- Tax, wage and social debts -€3,639
down €3,639 (-14.2%), from €25,642 to €22,003
- Debts after one year +€1,923
new in 2025: €1,923
- Gross operating margin +€5,627
up €5,627 (+12.5%), from €44,899 to €50,526
- Depreciation +€4,846
up €4,846 (+1499.3%), from €323 to €5,169
- Taxes +€2,889
up €2,889 (+25.7%), from €11,229 to €14,118
- Other operating charges +€1,246
up €1,246 (+97.4%), from €1,279 to €2,525
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.
Cash bridge derived
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 | €110,378 | €94,999 | -€15,379 | -13.9% |
| Fixed assets | 21/28 | €3,094 | €22,582 | +€19,488 | +629.8% |
| Tangible fixed assets | 22/27 | €3,094 | €22,582 | +€19,488 | +629.8% |
| Plant, machinery and equipment | 23 | €1,759 | €1,364 | -€394 | -22.4% |
| Furniture and vehicles | 24 | €1,336 | €21,218 | +€19,882 | +1488.6% |
| Current assets | 29/58 | €107,284 | €72,417 | -€34,867 | -32.5% |
| Amounts receivable within one year | 40/41 | €27,057 | €62,177 | +€35,120 | +129.8% |
| Trade receivables | 40 | €26,357 | €57,905 | +€31,547 | +119.7% |
| Other amounts receivable | 41 | €699 | €4,272 | +€3,573 | +510.8% |
| Cash at bank and in hand | 54/58 | €80,227 | €7,632 | -€72,594 | -90.5% |
| Deferred charges and accrued income | 490/1 | - | €2,607 | +€2,607 | |
| Total equity and liabilities | 10/49 | €110,378 | €94,999 | -€15,379 | -13.9% |
| Equity | 10/15 | €32,051 | €2,000 | -€30,051 | -93.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,051 | - | -€30,051 | |
| Amounts payable | 17/49 | €78,327 | €92,999 | +€14,672 | +18.7% |
| Amounts payable after more than one year | 17 | - | €1,923 | +€1,923 | |
| Financial debts | 170/4 | - | €1,923 | +€1,923 | |
| Amounts payable within one year | 42/48 | €76,958 | €91,076 | +€14,118 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,293 | +€11,293 | |
| Trade debts | 44 | €2,407 | €3,324 | +€916 | +38.1% |
| Suppliers | 440/4 | €2,407 | €3,324 | +€916 | +38.1% |
| Taxes, remuneration and social security | 45 | €25,642 | €22,003 | -€3,639 | -14.2% |
| Taxes | 450/3 | €25,642 | €22,003 | -€3,639 | -14.2% |
| Other amounts payable | 47/48 | €48,909 | €54,457 | +€5,548 | +11.3% |
| Accrued charges and deferred income | 492/3 | €1,369 | - | -€1,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323 | €5,169 | +€4,846 | +1499.3% |
| Other operating charges | 640/8 | €1,279 | €2,525 | +€1,246 | +97.4% |
| Gross operating margin | 9900 | €44,899 | €50,526 | +€5,627 | +12.5% |
| Operating profit (loss) | 9901 | €43,297 | €42,833 | -€464 | -1.1% |
| Financial income | 75/76B | €201 | €3 | -€199 | -98.7% |
| Recurring financial income | 75 | €201 | €3 | -€199 | -98.7% |
| Financial charges | 65/66B | €2,500 | €2,159 | -€341 | -13.6% |
| Recurring financial charges | 65 | €2,500 | €2,159 | -€341 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €40,998 | €40,677 | -€322 | -0.8% |
| Income taxes | 67/77 | €11,229 | €14,118 | +€2,889 | +25.7% |
| Profit (loss) for the period | 9904 | €29,769 | €26,558 | -€3,211 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,769 | €26,558 | -€3,211 | -10.8% |
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 10 October 2026 via checked.be.