CALCAUX: 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.
CALCAUX
Largest movements
- Cash -€21,157
down €21,157 (-38.5%), from €54,935 to €33,778
mainly Debts after one year (-€104,063) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€8,849
down €8,849 (-4.1%), from €216,990 to €208,141
of which Land and buildings: -€5,932
- Debts after one year -€104,063
down €104,063 (-40.3%), from €258,144 to €154,081
of which Other amounts payable: -€94,181
- Reserves +€70,159
up €70,159 (+32.4%), from €216,527 to €286,686
- Other debts +€8,500
up €8,500 (+11.6%), from €73,005 to €81,505
- Gross operating margin +€2,527
up €2,527 (+2.1%), from €120,663 to €123,189
- Depreciation +€1,581
up €1,581 (+21.7%), from €7,268 to €8,849
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 | €566,866 | €542,239 | -€24,627 | -4.3% |
| Fixed assets | 21/28 | €509,262 | €500,412 | -€8,849 | -1.7% |
| Tangible fixed assets | 22/27 | €216,990 | €208,141 | -€8,849 | -4.1% |
| Land and buildings | 22 | €210,866 | €204,934 | -€5,932 | -2.8% |
| Furniture and vehicles | 24 | €4,039 | €1,960 | -€2,079 | -51.5% |
| Other tangible fixed assets | 26 | €2,085 | €1,247 | -€838 | -40.2% |
| Financial fixed assets | 28 | €292,271 | €292,271 | = | 0.0% |
| Current assets | 29/58 | €57,605 | €41,827 | -€15,778 | -27.4% |
| Amounts receivable within one year | 40/41 | €2,352 | €7,815 | +€5,463 | +232.3% |
| Trade receivables | 40 | €363 | €649 | +€286 | +78.7% |
| Other amounts receivable | 41 | €1,989 | €7,166 | +€5,177 | +260.3% |
| Cash at bank and in hand | 54/58 | €54,935 | €33,778 | -€21,157 | -38.5% |
| Deferred charges and accrued income | 490/1 | €318 | €234 | -€84 | -26.4% |
| Total equity and liabilities | 10/49 | €566,866 | €542,239 | -€24,627 | -4.3% |
| Equity | 10/15 | €219,027 | €289,186 | +€70,159 | +32.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €216,527 | €286,686 | +€70,159 | +32.4% |
| Distributable reserves | 133 | €216,527 | €286,686 | +€70,159 | +32.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €347,839 | €253,053 | -€94,786 | -27.2% |
| Amounts payable after more than one year | 17 | €258,144 | €154,081 | -€104,063 | -40.3% |
| Financial debts | 170/4 | €163,963 | €154,081 | -€9,882 | -6.0% |
| Other amounts payable | 178/9 | €94,181 | €0 | -€94,181 | -100.0% |
| Amounts payable within one year | 42/48 | €89,696 | €98,972 | +€9,276 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €9,691 | €9,882 | +€191 | +2.0% |
| Financial debts | 43 | €76 | €65 | -€12 | -15.1% |
| Credit institutions | 430/8 | €76 | €65 | -€12 | -15.1% |
| Trade debts | 44 | €1,403 | €0 | -€1,403 | -100.0% |
| Suppliers | 440/4 | €1,403 | €0 | -€1,403 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,520 | €7,521 | +€2,000 | +36.2% |
| Taxes | 450/3 | €5,520 | €7,521 | +€2,000 | +36.2% |
| Other amounts payable | 47/48 | €73,005 | €81,505 | +€8,500 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,268 | €8,849 | +€1,581 | +21.7% |
| Other operating charges | 640/8 | €1,652 | €1,638 | -€13 | -0.8% |
| Gross operating margin | 9900 | €120,663 | €123,189 | +€2,527 | +2.1% |
| Operating profit (loss) | 9901 | €111,743 | €112,702 | +€959 | +0.9% |
| Financial income | 75/76B | €351 | €280 | -€71 | -20.1% |
| Recurring financial income | 75 | €351 | €280 | -€71 | -20.1% |
| Financial charges | 65/66B | €5,575 | €4,426 | -€1,150 | -20.6% |
| Recurring financial charges | 65 | €5,575 | €4,426 | -€1,150 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €106,518 | €108,556 | +€2,038 | +1.9% |
| Income taxes | 67/77 | €28,115 | €28,397 | +€282 | +1.0% |
| Profit (loss) for the period | 9904 | €78,403 | €80,159 | +€1,756 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,403 | €80,159 | +€1,756 | +2.2% |
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 9 October 2026 via checked.be.