CALANDE: 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.
CALANDE
Largest movements
- Receivables within one year +€67,497
up €67,497 (+16.4%), from €411,716 to €479,213
of which Trade receivables: +€70,014
- Tangible fixed assets -€15,224
down €15,224 (-20.1%), from €75,823 to €60,599
of which Land and buildings: -€15,756
- Cash +€7,813
up €7,813 (+66.7%), from €11,715 to €19,528
mainly Net result for the year (+€73,120) and Depreciation (+€16,050)
- Profit (loss) carried forward +€73,120
up €73,120 (+17.2%), from €424,426 to €497,546
- Tax, wage and social debts +€13,875
up €13,875 (+305%), from €4,555 to €18,430
of which Taxes: +€7,875
- Current portion of long-term debt -€7,516
down €7,516 (-46.0%), from €16,333 to €8,817
- Other debts -€6,710
down €6,710 (-32.3%), from €20,803 to €14,093
- Gross operating margin +€68,651
up €68,651 (+156%), from €43,971 to €112,622
- Taxes +€13,981
up €13,981 (+297%), from €4,709 to €18,690
- Financial charges -€1,379
down €1,379 (-50.1%), from €2,755 to €1,376
- Other operating charges +€1,321
up €1,321 (+64.4%), from €2,052 to €3,373
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 | €513,946 | €577,984 | +€64,038 | +12.5% |
| Fixed assets | 21/28 | €75,823 | €60,599 | -€15,224 | -20.1% |
| Tangible fixed assets | 22/27 | €75,823 | €60,599 | -€15,224 | -20.1% |
| Land and buildings | 22 | €75,668 | €59,912 | -€15,756 | -20.8% |
| Furniture and vehicles | 24 | €155 | €687 | +€532 | +343% |
| Current assets | 29/58 | €438,123 | €517,385 | +€79,262 | +18.1% |
| Stocks and contracts in progress | 3 | €13,148 | €16,323 | +€3,175 | +24.1% |
| Stocks | 30/36 | €13,148 | €16,323 | +€3,175 | +24.1% |
| Amounts receivable within one year | 40/41 | €411,716 | €479,213 | +€67,497 | +16.4% |
| Trade receivables | 40 | €406,421 | €476,435 | +€70,014 | +17.2% |
| Other amounts receivable | 41 | €5,295 | €2,778 | -€2,517 | -47.5% |
| Cash at bank and in hand | 54/58 | €11,715 | €19,528 | +€7,813 | +66.7% |
| Deferred charges and accrued income | 490/1 | €1,544 | €2,321 | +€777 | +50.3% |
| Total equity and liabilities | 10/49 | €513,946 | €577,984 | +€64,038 | +12.5% |
| Equity | 10/15 | €451,579 | €524,699 | +€73,120 | +16.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,753 | €14,753 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,893 | €12,893 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €424,426 | €497,546 | +€73,120 | +17.2% |
| Amounts payable | 17/49 | €62,367 | €53,285 | -€9,082 | -14.6% |
| Amounts payable after more than one year | 17 | €5,445 | - | -€5,445 | |
| Financial debts | 170/4 | €5,445 | - | -€5,445 | |
| Amounts payable within one year | 42/48 | €55,459 | €51,026 | -€4,433 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €16,333 | €8,817 | -€7,516 | -46.0% |
| Trade debts | 44 | €13,768 | €9,686 | -€4,082 | -29.6% |
| Suppliers | 440/4 | €13,768 | €9,686 | -€4,082 | -29.6% |
| Taxes, remuneration and social security | 45 | €4,555 | €18,430 | +€13,875 | +305% |
| Taxes | 450/3 | €4,555 | €12,430 | +€7,875 | +173% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €20,803 | €14,093 | -€6,710 | -32.3% |
| Accrued charges and deferred income | 492/3 | €1,463 | €2,259 | +€796 | +54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,031 | €16,050 | +€19 | +0.1% |
| Other operating charges | 640/8 | €2,052 | €3,373 | +€1,321 | +64.4% |
| Non-recurring operating charges | 66A | - | €68 | +€68 | |
| Gross operating margin | 9900 | €43,971 | €112,622 | +€68,651 | +156% |
| Operating profit (loss) | 9901 | €25,888 | €93,131 | +€67,243 | +260% |
| Financial income | 75/76B | €195 | €55 | -€140 | -71.8% |
| Recurring financial income | 75 | €195 | €55 | -€140 | -71.8% |
| Financial charges | 65/66B | €2,755 | €1,376 | -€1,379 | -50.1% |
| Recurring financial charges | 65 | €2,755 | €1,376 | -€1,379 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €23,328 | €91,810 | +€68,482 | +294% |
| Income taxes | 67/77 | €4,709 | €18,690 | +€13,981 | +297% |
| Profit (loss) for the period | 9904 | €18,619 | €73,120 | +€54,501 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €18,619 | €73,120 | +€54,501 | +293% |
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 26 October 2026 via checked.be.