CALBRECHT: 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.
CALBRECHT
Largest movements
- Cash +€11,779
up €11,779 (+5.7%), from €208,288 to €220,067
mainly Receivables within one year (+€6,459) and Depreciation (+€5,636)
- Tangible fixed assets -€9,611
down €9,611 (-89.0%), from €10,800 to €1,189
of which Furniture and vehicles: -€5,636
- Receivables within one year -€6,459
down €6,459 (-92.3%), from €6,994 to €535
of which Trade receivables: -€5,203
- Tax, wage and social debts -€7,993
down €7,993 (-87.6%), from €9,124 to €1,131
of which Taxes: -€6,853
- Reserves +€3,461
up €3,461 (+3.9%), from €87,942 to €91,404
of which Distributable reserves: +€3,461
- Gross operating margin -€109,501
down €109,501 (-91.0%), from €120,286 to €10,784
- Staff costs -€9,193
no longer reported in 2025 (was €9,193)
- Taxes -€6,061
down €6,061 (-89.1%), from €6,804 to €743
- Other operating charges -€4,546
down €4,546 (-79.0%), from €5,755 to €1,210
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 | €226,514 | €221,888 | -€4,626 | -2.0% |
| Fixed assets | 21/28 | €10,800 | €1,189 | -€9,611 | -89.0% |
| Tangible fixed assets | 22/27 | €10,800 | €1,189 | -€9,611 | -89.0% |
| Land and buildings | 22 | €3,976 | - | -€3,976 | |
| Furniture and vehicles | 24 | €6,824 | €1,189 | -€5,636 | -82.6% |
| Current assets | 29/58 | €215,714 | €220,699 | +€4,985 | +2.3% |
| Stocks and contracts in progress | 3 | €432 | €97 | -€335 | -77.5% |
| Stocks | 30/36 | €432 | €97 | -€335 | -77.5% |
| Amounts receivable within one year | 40/41 | €6,994 | €535 | -€6,459 | -92.3% |
| Trade receivables | 40 | €5,691 | €488 | -€5,203 | -91.4% |
| Other amounts receivable | 41 | €1,303 | €47 | -€1,256 | -96.4% |
| Cash at bank and in hand | 54/58 | €208,288 | €220,067 | +€11,779 | +5.7% |
| Total equity and liabilities | 10/49 | €226,514 | €221,888 | -€4,626 | -2.0% |
| Equity | 10/15 | €217,283 | €220,744 | +€3,461 | +1.6% |
| Contributions | 10/11 | €129,341 | €129,341 | = | 0.0% |
| Reserves | 13 | €87,942 | €91,404 | +€3,461 | +3.9% |
| Tax-exempt reserves | 132 | €2,982 | €2,982 | = | 0.0% |
| Distributable reserves | 133 | €84,960 | €88,421 | +€3,461 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,231 | €1,144 | -€8,087 | -87.6% |
| Amounts payable within one year | 42/48 | €9,231 | €1,144 | -€8,087 | -87.6% |
| Trade debts | 44 | €107 | €13 | -€95 | -88.2% |
| Suppliers | 440/4 | €107 | €13 | -€95 | -88.2% |
| Taxes, remuneration and social security | 45 | €9,124 | €1,131 | -€7,993 | -87.6% |
| Taxes | 450/3 | €7,454 | €601 | -€6,853 | -91.9% |
| Remuneration and social security | 454/9 | €1,670 | €530 | -€1,139 | -68.2% |
| Remuneration, social security and pensions | 62 | €9,193 | - | -€9,193 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,285 | €5,636 | -€650 | -10.3% |
| Other operating charges | 640/8 | €5,755 | €1,210 | -€4,546 | -79.0% |
| Gross operating margin | 9900 | €120,286 | €10,784 | -€109,501 | -91.0% |
| Operating profit (loss) | 9901 | €99,052 | €3,939 | -€95,113 | -96.0% |
| Financial income | 75/76B | €172 | €475 | +€303 | +176% |
| Recurring financial income | 75 | €172 | €475 | +€303 | +176% |
| Financial charges | 65/66B | €235 | €209 | -€26 | -10.9% |
| Recurring financial charges | 65 | €235 | €209 | -€26 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €98,989 | €4,204 | -€94,785 | -95.8% |
| Income taxes | 67/77 | €6,804 | €743 | -€6,061 | -89.1% |
| Profit (loss) for the period | 9904 | €92,186 | €3,461 | -€88,724 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €92,186 | €3,461 | -€88,724 | -96.2% |
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 14 October 2026 via checked.be.