CAL-ANN: 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.
CAL-ANN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€13,498
up €13,498 (+12.3%), from €109,651 to €123,149
- Profit (loss) carried forward -€11,554
down €11,554 (-25.6%), from -€45,157 to -€56,711
- Trade debts -€1,456
down €1,456 (-95.1%), from €1,531 to €75
- Gross operating margin +€1,098
up €1,098 (+13.7%), from -€8,040 to -€6,942
- Financial charges +€347
up €347 (+8.4%), from €4,137 to €4,485
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 | €135,398 | €135,886 | +€488 | +0.4% |
| Fixed assets | 21/28 | €134,954 | €134,954 | = | 0.0% |
| Financial fixed assets | 28 | €134,954 | €134,954 | = | 0.0% |
| Current assets | 29/58 | €444 | €932 | +€488 | +109.9% |
| Cash at bank and in hand | 54/58 | €444 | €932 | +€488 | +109.9% |
| Total equity and liabilities | 10/49 | €135,398 | €135,886 | +€488 | +0.4% |
| Equity | 10/15 | €24,216 | €12,661 | -€11,554 | -47.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €7,872 | €7,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,722 | €1,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,157 | -€56,711 | -€11,554 | -25.6% |
| Amounts payable | 17/49 | €111,182 | €123,224 | +€12,042 | +10.8% |
| Amounts payable within one year | 42/48 | €111,182 | €123,224 | +€12,042 | +10.8% |
| Trade debts | 44 | €1,531 | €75 | -€1,456 | -95.1% |
| Suppliers | 440/4 | €1,531 | €75 | -€1,456 | -95.1% |
| Other amounts payable | 47/48 | €109,651 | €123,149 | +€13,498 | +12.3% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€8,040 | -€6,942 | +€1,098 | +13.7% |
| Operating profit (loss) | 9901 | -€8,166 | -€7,070 | +€1,096 | +13.4% |
| Financial charges | 65/66B | €4,137 | €4,485 | +€347 | +8.4% |
| Recurring financial charges | 65 | €4,137 | €4,485 | +€347 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,303 | -€11,554 | +€749 | +6.1% |
| Profit (loss) for the period | 9904 | -€12,303 | -€11,554 | +€749 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,303 | -€11,554 | +€749 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.