CALAVERA: 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.
CALAVERA
Largest movements
- Tangible fixed assets -€82,319
down €82,319 (-11.8%), from €695,639 to €613,320
of which Land and buildings: -€61,632
- Cash -€73,384
down €73,384 (-38.2%), from €192,263 to €118,879
mainly Debts after one year (-€69,825) and Other debts (-€46,805)
- Receivables within one year +€31,046
up €31,046 (+482.5%), from €6,435 to €37,481
of which Trade receivables: +€30,174
- Debts after one year -€69,825
down €69,825 (-12.6%), from €552,484 to €482,659
- Other debts -€46,805
down €46,805 (-23.0%), from €203,783 to €156,978
- Trade debts +€16,137
up €16,137 (+173.0%), from €9,330 to €25,468
- Gross operating margin -€78,559
down €78,559 (-23.3%), from €336,800 to €258,241
- Staff costs -€37,084
down €37,084 (-18.6%), from €199,336 to €162,252
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 | €898,738 | €775,612 | -€123,127 | -13.7% |
| Fixed assets | 21/28 | €695,639 | €613,320 | -€82,319 | -11.8% |
| Tangible fixed assets | 22/27 | €695,639 | €613,320 | -€82,319 | -11.8% |
| Land and buildings | 22 | €644,231 | €582,598 | -€61,632 | -9.6% |
| Plant, machinery and equipment | 23 | €40,052 | €22,748 | -€17,304 | -43.2% |
| Furniture and vehicles | 24 | €11,357 | €7,974 | -€3,383 | -29.8% |
| Current assets | 29/58 | €203,099 | €162,292 | -€40,808 | -20.1% |
| Stocks and contracts in progress | 3 | €4,401 | €5,932 | +€1,530 | +34.8% |
| Stocks | 30/36 | €4,401 | €5,932 | +€1,530 | +34.8% |
| Amounts receivable within one year | 40/41 | €6,435 | €37,481 | +€31,046 | +482.5% |
| Trade receivables | 40 | €6,435 | €36,608 | +€30,174 | +468.9% |
| Other amounts receivable | 41 | - | €873 | +€873 | |
| Cash at bank and in hand | 54/58 | €192,263 | €118,879 | -€73,384 | -38.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €898,738 | €775,612 | -€123,127 | -13.7% |
| Equity | 10/15 | €23,277 | €15,144 | -€8,133 | -34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,860 | €51,860 | = | 0.0% |
| Distributable reserves | 133 | €51,860 | €51,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,183 | -€55,316 | -€8,133 | -17.2% |
| Amounts payable | 17/49 | €875,462 | €760,468 | -€114,994 | -13.1% |
| Amounts payable after more than one year | 17 | €552,484 | €482,659 | -€69,825 | -12.6% |
| Financial debts | 170/4 | €552,484 | €482,659 | -€69,825 | -12.6% |
| Amounts payable within one year | 42/48 | €322,978 | €277,809 | -€45,169 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €78,069 | €69,825 | -€8,244 | -10.6% |
| Trade debts | 44 | €9,330 | €25,468 | +€16,137 | +173.0% |
| Suppliers | 440/4 | €9,330 | €25,468 | +€16,137 | +173.0% |
| Taxes, remuneration and social security | 45 | €31,795 | €25,538 | -€6,258 | -19.7% |
| Taxes | 450/3 | €20,093 | €14,453 | -€5,640 | -28.1% |
| Remuneration and social security | 454/9 | €11,702 | €11,085 | -€617 | -5.3% |
| Other amounts payable | 47/48 | €203,783 | €156,978 | -€46,805 | -23.0% |
| Remuneration, social security and pensions | 62 | €199,336 | €162,252 | -€37,084 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,068 | €82,319 | +€251 | +0.3% |
| Other operating charges | 640/8 | €3,374 | €5,113 | +€1,739 | +51.5% |
| Gross operating margin | 9900 | €336,800 | €258,241 | -€78,559 | -23.3% |
| Operating profit (loss) | 9901 | €52,022 | €8,557 | -€43,465 | -83.6% |
| Financial income | 75/76B | €109 | - | -€109 | |
| Recurring financial income | 75 | €109 | - | -€109 | |
| Financial charges | 65/66B | €19,407 | €16,570 | -€2,836 | -14.6% |
| Recurring financial charges | 65 | €19,407 | €16,570 | -€2,836 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €32,725 | -€8,013 | -€40,738 | |
| Income taxes | 67/77 | €0 | €120 | +€120 | |
| Profit (loss) for the period | 9904 | €32,725 | -€8,133 | -€40,857 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,725 | -€8,133 | -€40,857 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.