CAALS: what changed
Two fiscal 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.
CAALS
Largest movements
- Tangible fixed assets -€31,670
down €31,670 (-9.6%), from €330,428 to €298,758
of which Land and buildings: -€26,487
- Cash -€24,638
down €24,638 (-30.6%), from €80,590 to €55,952
mainly Other debts (-€71,416) and Net result for the year (-€54,361)
- Current investments -€15,300
down €15,300 (-10.2%), from €150,000 to €134,700
- Other debts -€71,416
down €71,416 (-73.1%), from €97,679 to €26,263
- Profit (loss) carried forward -€54,361
down €54,361, from €13,148 to -€41,213
- Debts after one year +€29,450
up €29,450 (+54.0%), from €54,503 to €83,953
- Accrued charges and deferred income +€15,645
new in 2024: €15,645
- Current portion of long-term debt +€10,129
up €10,129 (+118.3%), from €8,559 to €18,688
- Other operating charges +€15,773
up €15,773 (+332.6%), from €4,742 to €20,516
- Depreciation -€10,376
down €10,376 (-24.1%), from €43,024 to €32,648
- Financial income +€5,610
up €5,610 (+1822.1%), from €308 to €5,918
- Financial charges +€2,641
up €2,641 (+4.2%), from €62,482 to €65,123
- Taxes +€2,357
up €2,357, from -€1,013 to €1,344
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €571,864 | €500,265 | -€71,599 | -12.5% |
| Fixed assets | 21/28 | €330,799 | €299,130 | -€31,670 | -9.6% |
| Tangible fixed assets | 22/27 | €330,428 | €298,758 | -€31,670 | -9.6% |
| Land and buildings | 22 | €300,301 | €273,815 | -€26,487 | -8.8% |
| Furniture and vehicles | 24 | €30,126 | €24,943 | -€5,183 | -17.2% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €241,065 | €201,135 | -€39,929 | -16.6% |
| Amounts receivable within one year | 40/41 | €7,443 | €8,692 | +€1,249 | +16.8% |
| Trade receivables | 40 | €7,443 | €8,692 | +€1,249 | +16.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €150,000 | €134,700 | -€15,300 | -10.2% |
| Cash at bank and in hand | 54/58 | €80,590 | €55,952 | -€24,638 | -30.6% |
| Deferred charges and accrued income | 490/1 | €3,032 | €1,792 | -€1,240 | -40.9% |
| Total equity and liabilities | 10/49 | €571,864 | €500,265 | -€71,599 | -12.5% |
| Equity | 10/15 | €407,727 | €353,366 | -€54,361 | -13.3% |
| Contributions | 10/11 | €92,965 | €92,965 | = | 0.0% |
| Capital | 10 | €92,965 | €92,965 | = | 0.0% |
| Issued capital | 100 | €92,965 | €92,965 | = | 0.0% |
| Reserves | 13 | €301,614 | €301,614 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,296 | €9,296 | = | 0.0% |
| Legal reserve | 130 | €9,296 | €9,296 | = | 0.0% |
| Distributable reserves | 133 | €292,318 | €292,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,148 | -€41,213 | -€54,361 | |
| Amounts payable | 17/49 | €164,137 | €146,899 | -€17,238 | -10.5% |
| Amounts payable after more than one year | 17 | €54,503 | €83,953 | +€29,450 | +54.0% |
| Financial debts | 170/4 | €54,503 | €83,953 | +€29,450 | +54.0% |
| Amounts payable within one year | 42/48 | €109,634 | €47,301 | -€62,333 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €8,559 | €18,688 | +€10,129 | +118.3% |
| Trade debts | 44 | €44 | €398 | +€355 | +811.8% |
| Suppliers | 440/4 | €44 | €398 | +€355 | +811.8% |
| Taxes, remuneration and social security | 45 | €3,352 | €1,952 | -€1,400 | -41.8% |
| Taxes | 450/3 | €3,352 | €1,952 | -€1,400 | -41.8% |
| Other amounts payable | 47/48 | €97,679 | €26,263 | -€71,416 | -73.1% |
| Accrued charges and deferred income | 492/3 | - | €15,645 | +€15,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,024 | €32,648 | -€10,376 | -24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,983 | €0 | -€1,983 | -100.0% |
| Other operating charges | 640/8 | €4,742 | €20,516 | +€15,773 | +332.6% |
| Non-recurring operating charges | 66A | - | €68,992 | +€68,992 | |
| Gross operating margin | 9900 | €128,902 | €128,342 | -€560 | -0.4% |
| Operating profit (loss) | 9901 | €79,153 | €6,187 | -€72,966 | -92.2% |
| Financial income | 75/76B | €308 | €5,918 | +€5,610 | +1822.1% |
| Recurring financial income | 75 | €308 | €5,918 | +€5,610 | +1822.1% |
| Financial charges | 65/66B | €62,482 | €65,123 | +€2,641 | +4.2% |
| Recurring financial charges | 65 | €62,482 | €65,123 | +€2,641 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €16,979 | -€53,018 | -€69,996 | |
| Income taxes | 67/77 | -€1,013 | €1,344 | +€2,357 | |
| Profit (loss) for the period | 9904 | €17,992 | -€54,361 | -€72,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,992 | -€54,361 | -€72,353 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.