CAL Accountancy: 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.
CAL Accountancy
Largest movements
- Financial fixed assets +€151,405
up €151,405 (+57.2%), from €264,845 to €416,250
- Receivables after one year +€75,000
new in 2025: €75,000
- Cash +€12,484
up €12,484 (+73.4%), from €17,008 to €29,492
mainly Net result for the year (+€171,438) and Debts after one year (+€35,999)
- Reserves +€171,438
up €171,438 (+215%), from €79,866 to €251,304
- Debts after one year +€35,999
up €35,999 (+25.7%), from €140,000 to €175,999
- Current portion of long-term debt +€28,688
up €28,688 (+71.7%), from €40,000 to €68,688
- Financial income +€94,996
up €94,996 (+2,429,568%), from €4 to €95,000
- Financial charges +€3,320
up €3,320 (+39.7%), from €8,371 to €11,691
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 | €303,707 | €538,381 | +€234,674 | +77.3% |
| Fixed assets | 21/28 | €285,659 | €431,864 | +€146,205 | +51.2% |
| Tangible fixed assets | 22/27 | €20,814 | €15,614 | -€5,200 | -25.0% |
| Other tangible fixed assets | 26 | €20,814 | €15,614 | -€5,200 | -25.0% |
| Financial fixed assets | 28 | €264,845 | €416,250 | +€151,405 | +57.2% |
| Current assets | 29/58 | €18,047 | €106,516 | +€88,469 | +490% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | - | €1,815 | +€1,815 | |
| Trade receivables | 40 | - | €1,535 | +€1,535 | |
| Other amounts receivable | 41 | - | €280 | +€280 | |
| Cash at bank and in hand | 54/58 | €17,008 | €29,492 | +€12,484 | +73.4% |
| Deferred charges and accrued income | 490/1 | €1,040 | €210 | -€830 | -79.8% |
| Total equity and liabilities | 10/49 | €303,707 | €538,381 | +€234,674 | +77.3% |
| Equity | 10/15 | €81,866 | €253,304 | +€171,438 | +209% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €79,866 | €251,304 | +€171,438 | +215% |
| Distributable reserves | 133 | €79,866 | €251,304 | +€171,438 | +215% |
| Amounts payable | 17/49 | €221,840 | €285,076 | +€63,236 | +28.5% |
| Amounts payable after more than one year | 17 | €140,000 | €175,999 | +€35,999 | +25.7% |
| Financial debts | 170/4 | €140,000 | €175,999 | +€35,999 | +25.7% |
| Amounts payable within one year | 42/48 | €81,841 | €109,078 | +€27,237 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €68,688 | +€28,688 | +71.7% |
| Trade debts | 44 | €1,199 | €3,659 | +€2,460 | +205% |
| Suppliers | 440/4 | €1,199 | €3,659 | +€2,460 | +205% |
| Taxes, remuneration and social security | 45 | €6,661 | €3,800 | -€2,862 | -43.0% |
| Taxes | 450/3 | €4,661 | €800 | -€3,862 | -82.8% |
| Remuneration and social security | 454/9 | €2,000 | €3,000 | +€1,000 | +50.0% |
| Other amounts payable | 47/48 | €33,980 | €32,930 | -€1,050 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,186 | €5,200 | +€14 | +0.3% |
| Other operating charges | 640/8 | €1,771 | €2,343 | +€572 | +32.3% |
| Gross operating margin | 9900 | €124,957 | €125,601 | +€644 | +0.5% |
| Operating profit (loss) | 9901 | €118,000 | €118,057 | +€58 | 0.0% |
| Financial income | 75/76B | €4 | €95,000 | +€94,996 | +2,429,568% |
| Recurring financial income | 75 | €4 | €95,000 | +€94,996 | +2,429,568% |
| Financial charges | 65/66B | €8,371 | €11,691 | +€3,320 | +39.7% |
| Recurring financial charges | 65 | €8,371 | €11,691 | +€3,320 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €109,632 | €201,366 | +€91,734 | +83.7% |
| Income taxes | 67/77 | €29,766 | €29,928 | +€162 | +0.5% |
| Profit (loss) for the period | 9904 | €79,866 | €171,438 | +€91,572 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €79,866 | €171,438 | +€91,572 | +115% |
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 31 October 2026 via checked.be.