CALCEUS: 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.
CALCEUS
Largest movements
- Current investments +€175,000
new in 2024: €175,000
- Financial fixed assets -€130,000
no longer reported in 2024 (was €130,000)
- Cash +€9,129
up €9,129 (+924.7%), from €987 to €10,116
- Receivables within one year +€7,717
up €7,717 (+3.8%), from €202,521 to €210,238
of which Other amounts receivable: +€83,396
- Reserves +€193,328
up €193,328 (+95.4%), from €202,753 to €396,081
of which Distributable reserves: +€195,188
- Advances received -€44,168
down €44,168 (-96.6%), from €45,743 to €1,576
- Trade debts -€34,697
down €34,697 (-78.2%), from €44,378 to €9,681
- Tax, wage and social debts -€31,356
down €31,356 (-92.7%), from €33,814 to €2,458
- Debts after one year -€10,633
down €10,633 (-55.9%), from €19,013 to €8,380
- Financial income +€272,908
up €272,908 (+5275.5%), from €5,173 to €278,081
- Gross operating margin -€61,717
down €61,717, from €58,265 to -€3,453
- Taxes +€50,084
up €50,084 (+320.4%), from €15,631 to €65,715
- Depreciation +€2,640
up €2,640 (+69.5%), from €3,796 to €6,435
- Other operating charges +€1,562
up €1,562 (+62.1%), from €2,514 to €4,076
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,229 | €439,639 | +€60,410 | +15.9% |
| Fixed assets | 21/28 | €153,491 | €22,056 | -€131,435 | -85.6% |
| Tangible fixed assets | 22/27 | €23,491 | €22,056 | -€1,435 | -6.1% |
| Land and buildings | 22 | €19,009 | €19,910 | +€901 | +4.7% |
| Plant, machinery and equipment | 23 | €4,482 | €2,146 | -€2,336 | -52.1% |
| Financial fixed assets | 28 | €130,000 | - | -€130,000 | |
| Current assets | 29/58 | €225,738 | €417,583 | +€191,845 | +85.0% |
| Amounts receivable after more than one year | 29 | €22,229 | €22,229 | = | 0.0% |
| Other amounts receivable | 291 | €22,229 | €22,229 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €202,521 | €210,238 | +€7,717 | +3.8% |
| Trade receivables | 40 | €114,526 | €38,846 | -€75,679 | -66.1% |
| Other amounts receivable | 41 | €87,996 | €171,391 | +€83,396 | +94.8% |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €987 | €10,116 | +€9,129 | +924.7% |
| Total equity and liabilities | 10/49 | €379,229 | €439,639 | +€60,410 | +15.9% |
| Equity | 10/15 | €221,353 | €414,681 | +€193,328 | +87.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,753 | €396,081 | +€193,328 | +95.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €200,893 | €396,081 | +€195,188 | +97.2% |
| Amounts payable | 17/49 | €157,876 | €24,958 | -€132,918 | -84.2% |
| Amounts payable after more than one year | 17 | €19,013 | €8,380 | -€10,633 | -55.9% |
| Financial debts | 170/4 | €19,013 | €8,380 | -€10,633 | -55.9% |
| Amounts payable within one year | 42/48 | €138,863 | €16,578 | -€122,285 | -88.1% |
| Current portion of amounts payable after more than one year | 42 | €11,391 | €2,864 | -€8,527 | -74.9% |
| Financial debts | 43 | €3,538 | - | -€3,538 | |
| Credit institutions | 430/8 | €3,538 | - | -€3,538 | |
| Trade debts | 44 | €44,378 | €9,681 | -€34,697 | -78.2% |
| Suppliers | 440/4 | €44,378 | €9,681 | -€34,697 | -78.2% |
| Advances received on contracts in progress | 46 | €45,743 | €1,576 | -€44,168 | -96.6% |
| Taxes, remuneration and social security | 45 | €33,814 | €2,458 | -€31,356 | -92.7% |
| Taxes | 450/3 | €33,814 | €2,458 | -€31,356 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,796 | €6,435 | +€2,640 | +69.5% |
| Other operating charges | 640/8 | €2,514 | €4,076 | +€1,562 | +62.1% |
| Gross operating margin | 9900 | €58,265 | -€3,453 | -€61,717 | |
| Operating profit (loss) | 9901 | €51,955 | -€13,964 | -€65,919 | |
| Financial income | 75/76B | €5,173 | €278,081 | +€272,908 | +5275.5% |
| Recurring financial income | 75 | €5,173 | €278,081 | +€272,908 | +5275.5% |
| Financial charges | 65/66B | €3,949 | €5,075 | +€1,127 | +28.5% |
| Recurring financial charges | 65 | €3,949 | €5,075 | +€1,127 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €53,180 | €259,042 | +€205,863 | +387.1% |
| Income taxes | 67/77 | €15,631 | €65,715 | +€50,084 | +320.4% |
| Profit (loss) for the period | 9904 | €37,549 | €193,328 | +€155,779 | +414.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,549 | €193,328 | +€155,779 | +414.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.