CALAMI: 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.
CALAMI
Largest movements
- Receivables within one year -€38,528
down €38,528 (-81.6%), from €47,206 to €8,678
of which Trade receivables: -€26,114
- Cash +€18,199
up €18,199 (+66.7%), from €27,280 to €45,479
mainly Receivables within one year (+€38,528) and Depreciation (+€11,567)
- Tangible fixed assets -€11,567
down €11,567 (-36.6%), from €31,628 to €20,061
- Advances received -€36,300
no longer reported in 2025 (was €36,300)
- Trade debts +€4,503
up €4,503 (+67.3%), from €6,693 to €11,196
- Profit (loss) carried forward -€3,867
down €3,867 (-96.0%), from -€4,029 to -€7,897
- Other debts +€2,822
up €2,822 (+26.9%), from €10,494 to €13,316
- Depreciation +€7,735
up €7,735 (+201.8%), from €3,832 to €11,567
- Other operating charges -€3,854
down €3,854 (-87.7%), from €4,393 to €539
- Gross operating margin -€1,828
down €1,828 (-16.4%), from €11,128 to €9,300
- Financial charges -€582
down €582 (-73.7%), from €789 to €207
- Taxes +€345
up €345 (+68.0%), from €508 to €853
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 | €106,114 | €74,218 | -€31,896 | -30.1% |
| Fixed assets | 21/28 | €31,628 | €20,061 | -€11,567 | -36.6% |
| Tangible fixed assets | 22/27 | €31,628 | €20,061 | -€11,567 | -36.6% |
| Furniture and vehicles | 24 | €31,628 | €20,061 | -€11,567 | -36.6% |
| Current assets | 29/58 | €74,486 | €54,157 | -€20,329 | -27.3% |
| Amounts receivable within one year | 40/41 | €47,206 | €8,678 | -€38,528 | -81.6% |
| Trade receivables | 40 | €34,792 | €8,678 | -€26,114 | -75.1% |
| Other amounts receivable | 41 | €12,414 | - | -€12,414 | |
| Cash at bank and in hand | 54/58 | €27,280 | €45,479 | +€18,199 | +66.7% |
| Total equity and liabilities | 10/49 | €106,114 | €74,218 | -€31,896 | -30.1% |
| Equity | 10/15 | €52,627 | €48,760 | -€3,867 | -7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,457 | €50,457 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,597 | €48,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,029 | -€7,897 | -€3,867 | -96.0% |
| Amounts payable | 17/49 | €53,487 | €25,458 | -€28,029 | -52.4% |
| Amounts payable within one year | 42/48 | €53,487 | €25,458 | -€28,029 | -52.4% |
| Trade debts | 44 | €6,693 | €11,196 | +€4,503 | +67.3% |
| Suppliers | 440/4 | €6,693 | €11,196 | +€4,503 | +67.3% |
| Advances received on contracts in progress | 46 | €36,300 | - | -€36,300 | |
| Taxes, remuneration and social security | 45 | - | €946 | +€946 | |
| Taxes | 450/3 | - | €946 | +€946 | |
| Other amounts payable | 47/48 | €10,494 | €13,316 | +€2,822 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,832 | €11,567 | +€7,735 | +201.8% |
| Other operating charges | 640/8 | €4,393 | €539 | -€3,854 | -87.7% |
| Gross operating margin | 9900 | €11,128 | €9,300 | -€1,828 | -16.4% |
| Operating profit (loss) | 9901 | €2,903 | -€2,807 | -€5,709 | |
| Financial income | 75/76B | €132 | - | -€132 | |
| Recurring financial income | 75 | €132 | - | -€132 | |
| Financial charges | 65/66B | €789 | €207 | -€582 | -73.7% |
| Recurring financial charges | 65 | €789 | €207 | -€582 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €2,246 | -€3,014 | -€5,260 | |
| Income taxes | 67/77 | €508 | €853 | +€345 | +68.0% |
| Profit (loss) for the period | 9904 | €1,738 | -€3,867 | -€5,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,738 | -€3,867 | -€5,605 |
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 3 October 2026 via checked.be.