CAL & X: 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 & X
Largest movements
- Tangible fixed assets +€33,716
up €33,716 (+66.7%), from €50,555 to €84,271
of which Land and buildings: +€32,544
- Receivables within one year +€30,173
up €30,173 (+81.8%), from €36,884 to €67,057
- Debts after one year +€85,060
new in 2024: €85,060
- Reserves -€22,027
down €22,027 (-40.4%), from €54,493 to €32,466
of which Distributable reserves: -€22,027
- Trade debts -€9,640
down €9,640 (-66.0%), from €14,612 to €4,973
- Tax, wage and social debts +€7,350
new in 2024: €7,350
- Current portion of long-term debt +€3,446
new in 2024: €3,446
- Gross operating margin -€13,878
down €13,878, from €6,287 to -€7,591
- Financial charges +€4,073
up €4,073 (+1768.0%), from €230 to €4,303
- Depreciation +€2,250
up €2,250 (+29.5%), from €7,614 to €9,864
- Financial income +€353
up €353 (+31.3%), from €1,126 to €1,479
- Other operating charges -€325
down €325 (-15.7%), from €2,073 to €1,748
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 | €89,105 | €153,294 | +€64,189 | +72.0% |
| Fixed assets | 21/28 | €50,555 | €84,271 | +€33,716 | +66.7% |
| Tangible fixed assets | 22/27 | €50,555 | €84,271 | +€33,716 | +66.7% |
| Land and buildings | 22 | €50,555 | €83,099 | +€32,544 | +64.4% |
| Plant, machinery and equipment | 23 | - | €1,172 | +€1,172 | |
| Current assets | 29/58 | €38,550 | €69,024 | +€30,473 | +79.0% |
| Amounts receivable within one year | 40/41 | €36,884 | €67,057 | +€30,173 | +81.8% |
| Other amounts receivable | 41 | €36,884 | €67,057 | +€30,173 | +81.8% |
| Cash at bank and in hand | 54/58 | €1,666 | €1,966 | +€300 | +18.0% |
| Total equity and liabilities | 10/49 | €89,105 | €153,294 | +€64,189 | +72.0% |
| Equity | 10/15 | €74,493 | €52,466 | -€22,027 | -29.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,493 | €32,466 | -€22,027 | -40.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €52,493 | €30,466 | -€22,027 | -42.0% |
| Amounts payable | 17/49 | €14,612 | €100,829 | +€86,216 | +590.0% |
| Amounts payable after more than one year | 17 | - | €85,060 | +€85,060 | |
| Financial debts | 170/4 | - | €85,060 | +€85,060 | |
| Amounts payable within one year | 42/48 | €14,612 | €15,769 | +€1,156 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,446 | +€3,446 | |
| Trade debts | 44 | €14,612 | €4,973 | -€9,640 | -66.0% |
| Suppliers | 440/4 | €14,612 | €4,973 | -€9,640 | -66.0% |
| Taxes, remuneration and social security | 45 | - | €7,350 | +€7,350 | |
| Taxes | 450/3 | - | €7,350 | +€7,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,614 | €9,864 | +€2,250 | +29.5% |
| Other operating charges | 640/8 | €2,073 | €1,748 | -€325 | -15.7% |
| Gross operating margin | 9900 | €6,287 | -€7,591 | -€13,878 | |
| Operating profit (loss) | 9901 | -€3,401 | -€19,203 | -€15,802 | -464.7% |
| Financial income | 75/76B | €1,126 | €1,479 | +€353 | +31.3% |
| Recurring financial income | 75 | €1,126 | €1,479 | +€353 | +31.3% |
| Financial charges | 65/66B | €230 | €4,303 | +€4,073 | +1768.0% |
| Recurring financial charges | 65 | €230 | €4,303 | +€4,073 | +1768.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,505 | -€22,027 | -€19,522 | -779.4% |
| Income taxes | 67/77 | €201 | - | -€201 | |
| Profit (loss) for the period | 9904 | -€2,706 | -€22,027 | -€19,321 | -714.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,706 | -€22,027 | -€19,321 | -714.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.