Caladrius: 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.
Caladrius
Largest movements
- Cash -€33,381
down €33,381 (-31.9%), from €104,587 to €71,206
mainly Contributions, distributions and other (-€94,118) and Investment in fixed assets (net) (-€37,990)
- Tangible fixed assets +€26,848
up €26,848 (+138.9%), from €19,326 to €46,174
of which Other tangible fixed assets: +€13,993
- Deferred charges and accrued income +€19,076
up €19,076 (+598.1%), from €3,189 to €22,265
- Receivables within one year +€17,238
up €17,238 (+69.5%), from €24,816 to €42,053
of which Trade receivables: +€16,931
- Financial fixed assets +€5,550
new in 2025: €5,550
- Debts after one year +€28,849
up €28,849, from €0 to €28,849
- Other debts +€18,701
up €18,701 (+8421.8%), from €222 to €18,923
- Reserves -€17,540
down €17,540 (-12.9%), from €135,572 to €118,032
- Current portion of long-term debt +€2,995
up €2,995 (+45.5%), from €6,588 to €9,583
- Accrued charges and deferred income +€1,892
new in 2025: €1,892
- Gross operating margin -€40,740
down €40,740 (-26.2%), from €155,507 to €114,766
- Taxes -€12,117
down €12,117 (-37.3%), from €32,524 to €20,407
- Financial charges +€7,260
up €7,260 (+1280.9%), from €567 to €7,826
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 | €153,575 | €187,249 | +€33,674 | +21.9% |
| Fixed assets | 21/28 | €20,984 | €51,724 | +€30,741 | +146.5% |
| Intangible fixed assets | 21 | €1,658 | €0 | -€1,658 | -100.0% |
| Tangible fixed assets | 22/27 | €19,326 | €46,174 | +€26,848 | +138.9% |
| Furniture and vehicles | 24 | €9,104 | €21,959 | +€12,855 | +141.2% |
| Other tangible fixed assets | 26 | €10,222 | €24,215 | +€13,993 | +136.9% |
| Financial fixed assets | 28 | - | €5,550 | +€5,550 | |
| Current assets | 29/58 | €132,592 | €135,524 | +€2,933 | +2.2% |
| Amounts receivable within one year | 40/41 | €24,816 | €42,053 | +€17,238 | +69.5% |
| Trade receivables | 40 | €19,786 | €36,717 | +€16,931 | +85.6% |
| Other amounts receivable | 41 | €5,030 | €5,337 | +€307 | +6.1% |
| Cash at bank and in hand | 54/58 | €104,587 | €71,206 | -€33,381 | -31.9% |
| Deferred charges and accrued income | 490/1 | €3,189 | €22,265 | +€19,076 | +598.1% |
| Total equity and liabilities | 10/49 | €153,575 | €187,249 | +€33,674 | +21.9% |
| Equity | 10/15 | €140,572 | €123,032 | -€17,540 | -12.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €135,572 | €118,032 | -€17,540 | -12.9% |
| Distributable reserves | 133 | €135,572 | €118,032 | -€17,540 | -12.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,003 | €64,217 | +€51,214 | +393.9% |
| Amounts payable after more than one year | 17 | €0 | €28,849 | +€28,849 | |
| Financial debts | 170/4 | €0 | €28,849 | +€28,849 | |
| Amounts payable within one year | 42/48 | €13,003 | €33,475 | +€20,472 | +157.4% |
| Current portion of amounts payable after more than one year | 42 | €6,588 | €9,583 | +€2,995 | +45.5% |
| Financial debts | 43 | €311 | €0 | -€311 | -100.0% |
| Credit institutions | 430/8 | €311 | €0 | -€311 | -100.0% |
| Trade debts | 44 | €3,358 | €1,819 | -€1,539 | -45.8% |
| Suppliers | 440/4 | €3,358 | €1,819 | -€1,539 | -45.8% |
| Taxes, remuneration and social security | 45 | €2,524 | €3,151 | +€627 | +24.8% |
| Taxes | 450/3 | €2,524 | €3,151 | +€627 | +24.8% |
| Other amounts payable | 47/48 | €222 | €18,923 | +€18,701 | +8421.8% |
| Accrued charges and deferred income | 492/3 | - | €1,892 | +€1,892 | |
| Non-recurring operating income | 76A | - | €1,951 | +€1,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,419 | €7,249 | +€830 | +12.9% |
| Other operating charges | 640/8 | €2,326 | €2,706 | +€380 | +16.3% |
| Gross operating margin | 9900 | €155,507 | €114,766 | -€40,740 | -26.2% |
| Operating profit (loss) | 9901 | €146,761 | €104,811 | -€41,950 | -28.6% |
| Financial income | 75/76B | €109 | €0 | -€109 | -100.0% |
| Recurring financial income | 75 | €109 | €0 | -€109 | -100.0% |
| Financial charges | 65/66B | €567 | €7,826 | +€7,260 | +1280.9% |
| Recurring financial charges | 65 | €567 | €7,826 | +€7,260 | +1280.9% |
| Profit (loss) for the period before taxes | 9903 | €146,304 | €96,985 | -€49,319 | -33.7% |
| Income taxes | 67/77 | €32,524 | €20,407 | -€12,117 | -37.3% |
| Profit (loss) for the period | 9904 | €113,780 | €76,578 | -€37,202 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €113,780 | €76,578 | -€37,202 | -32.7% |
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 29 September 2026 via checked.be.