CALAFATE: 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.
CALAFATE
Largest movements
- Tangible fixed assets -€16,156
down €16,156 (-2.3%), from €711,372 to €695,217
- Debts after one year -€22,305
down €22,305 (-42.5%), from €52,436 to €30,131
No income-statement line moved by more than 1% of the activity.
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 | €714,754 | €698,508 | -€16,247 | -2.3% |
| Fixed assets | 21/28 | €711,372 | €695,217 | -€16,156 | -2.3% |
| Tangible fixed assets | 22/27 | €711,372 | €695,217 | -€16,156 | -2.3% |
| Land and buildings | 22 | €711,372 | €695,217 | -€16,156 | -2.3% |
| Current assets | 29/58 | €3,382 | €3,291 | -€91 | -2.7% |
| Amounts receivable within one year | 40/41 | €3,000 | - | -€3,000 | |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €382 | €3,291 | +€2,909 | +761% |
| Total equity and liabilities | 10/49 | €714,754 | €698,508 | -€16,247 | -2.3% |
| Equity | 10/15 | €661,702 | €667,770 | +€6,068 | +0.9% |
| Contributions | 10/11 | €565,566 | €565,566 | = | 0.0% |
| Reserves | 13 | €96,136 | €102,204 | +€6,068 | +6.3% |
| Non-distributable reserves | 130/1 | €6,715 | €6,715 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,715 | €6,715 | = | 0.0% |
| Distributable reserves | 133 | €89,421 | €95,489 | +€6,068 | +6.8% |
| Amounts payable | 17/49 | €53,052 | €30,738 | -€22,315 | -42.1% |
| Amounts payable after more than one year | 17 | €52,436 | €30,131 | -€22,305 | -42.5% |
| Financial debts | 170/4 | €52,436 | €30,131 | -€22,305 | -42.5% |
| Amounts payable within one year | 42/48 | €616 | €607 | -€10 | -1.6% |
| Taxes, remuneration and social security | 45 | €616 | €607 | -€10 | -1.6% |
| Taxes | 450/3 | €616 | €607 | -€10 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,156 | €16,156 | = | 0.0% |
| Other operating charges | 640/8 | €1,060 | €1,157 | +€98 | +9.2% |
| Gross operating margin | 9900 | €24,046 | €24,033 | -€13 | -0.1% |
| Operating profit (loss) | 9901 | €6,830 | €6,720 | -€110 | -1.6% |
| Financial charges | 65/66B | €50 | €45 | -€5 | -9.5% |
| Recurring financial charges | 65 | €50 | €45 | -€5 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €6,780 | €6,675 | -€106 | -1.6% |
| Income taxes | 67/77 | €616 | €607 | -€10 | -1.6% |
| Profit (loss) for the period | 9904 | €6,164 | €6,068 | -€96 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,164 | €6,068 | -€96 | -1.6% |
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 30 October 2026 via checked.be.