CALA CAPITAL: 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.
CALA CAPITAL
Largest movements
- Cash +€286,993
up €286,993 (+710.4%), from €40,398 to €327,390
mainly Net result for the year (+€326,491) and Tax, wage and social debts (+€18,958)
- Receivables after one year +€48,560
up €48,560 (+19.2%), from €252,971 to €301,531
- Receivables within one year +€19,457
up €19,457 (+329.8%), from €5,899 to €25,356
of which Trade receivables: +€15,674
- Current investments -€7,640
down €7,640 (-62.9%), from €12,149 to €4,508
- Profit (loss) carried forward +€326,491
up €326,491 (+85.5%), from €382,052 to €708,542
- Tax, wage and social debts +€18,958
up €18,958 (+720.6%), from €2,631 to €21,588
of which Taxes: +€16,293
- Financial income +€256,817
up €256,817 (+252.9%), from €101,566 to €358,383
- Gross operating margin +€119,269
up €119,269 (+89.4%), from -€133,479 to -€14,210
- Taxes +€16,297
up €16,297 (+343084.4%), from €5 to €16,301
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 | €395,901 | €742,322 | +€346,421 | +87.5% |
| Fixed assets | 21/28 | €78,606 | €78,177 | -€429 | -0.5% |
| Tangible fixed assets | 22/27 | €429 | €0 | -€429 | -100.0% |
| Furniture and vehicles | 24 | €429 | €0 | -€429 | -100.0% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €78,177 | €78,177 | = | 0.0% |
| Current assets | 29/58 | €317,295 | €664,145 | +€346,850 | +109.3% |
| Amounts receivable after more than one year | 29 | €252,971 | €301,531 | +€48,560 | +19.2% |
| Other amounts receivable | 291 | €252,971 | €301,531 | +€48,560 | +19.2% |
| Amounts receivable within one year | 40/41 | €5,899 | €25,356 | +€19,457 | +329.8% |
| Trade receivables | 40 | €4,800 | €20,474 | +€15,674 | +326.5% |
| Other amounts receivable | 41 | €1,099 | €4,882 | +€3,783 | +344.3% |
| Current investments | 50/53 | €12,149 | €4,508 | -€7,640 | -62.9% |
| Cash at bank and in hand | 54/58 | €40,398 | €327,390 | +€286,993 | +710.4% |
| Deferred charges and accrued income | 490/1 | €5,878 | €5,360 | -€519 | -8.8% |
| Total equity and liabilities | 10/49 | €395,901 | €742,322 | +€346,421 | +87.5% |
| Equity | 10/15 | €390,107 | €716,597 | +€326,491 | +83.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €382,052 | €708,542 | +€326,491 | +85.5% |
| Amounts payable | 17/49 | €5,794 | €25,725 | +€19,931 | +344.0% |
| Amounts payable within one year | 42/48 | €5,194 | €25,725 | +€20,531 | +395.3% |
| Trade debts | 44 | €2,564 | €4,137 | +€1,573 | +61.4% |
| Suppliers | 440/4 | €2,564 | €4,137 | +€1,573 | +61.4% |
| Taxes, remuneration and social security | 45 | €2,631 | €21,588 | +€18,958 | +720.6% |
| Taxes | 450/3 | - | €16,293 | +€16,293 | |
| Remuneration and social security | 454/9 | €2,631 | €5,296 | +€2,665 | +101.3% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €429 | -€180 | -29.5% |
| Other operating charges | 640/8 | €436 | €446 | +€10 | +2.2% |
| Gross operating margin | 9900 | -€133,479 | -€14,210 | +€119,269 | +89.4% |
| Operating profit (loss) | 9901 | -€134,524 | -€15,084 | +€119,439 | +88.8% |
| Financial income | 75/76B | €101,566 | €358,383 | +€256,817 | +252.9% |
| Recurring financial income | 75 | €101,566 | €358,383 | +€256,817 | +252.9% |
| Financial charges | 65/66B | €95 | €507 | +€412 | +435.8% |
| Recurring financial charges | 65 | €95 | €507 | +€412 | +435.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,052 | €342,792 | +€375,844 | |
| Income taxes | 67/77 | €5 | €16,301 | +€16,297 | +343084.4% |
| Profit (loss) for the period | 9904 | -€33,057 | €326,491 | +€359,548 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,057 | €326,491 | +€359,548 |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.