CALCIO ELEC: 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.
CALCIO ELEC
Largest movements
- Receivables within one year +€14,335
up €14,335 (+17.9%), from €79,978 to €94,313
of which Other amounts receivable: +€15,448
- Tangible fixed assets +€12,566
up €12,566 (+51.8%), from €24,240 to €36,806
of which Leasing and similar rights: +€8,575
- Cash -€7,395
down €7,395 (-20.1%), from €36,883 to €29,488
mainly Investment in fixed assets (net) (-€25,330) and Receivables within one year (-€14,335)
- Debts after one year +€15,584
new in 2025: €15,584
- Reserves -€10,909
down €10,909 (-36.3%), from €30,035 to €19,126
of which Non-distributable reserves: -€10,909
- Trade debts +€9,941
up €9,941 (+22.8%), from €43,531 to €53,472
- Current portion of long-term debt +€3,899
new in 2025: €3,899
- Profit (loss) carried forward +€1,783
up €1,783 (+3.2%), from €56,130 to €57,913
- Depreciation +€4,964
up €4,964 (+63.6%), from €7,801 to €12,764
- Other operating charges -€1,637
down €1,637 (-33.6%), from €4,864 to €3,228
- Taxes -€1,135
down €1,135 (-39.3%), from €2,892 to €1,757
- Gross operating margin -€821
down €821 (-3.8%), from €21,333 to €20,513
- Financial charges +€612
up €612 (+165%), from €370 to €983
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 | €142,957 | €163,575 | +€20,618 | +14.4% |
| Fixed assets | 21/28 | €26,096 | €38,661 | +€12,566 | +48.2% |
| Tangible fixed assets | 22/27 | €24,240 | €36,806 | +€12,566 | +51.8% |
| Furniture and vehicles | 24 | €24,240 | €28,231 | +€3,991 | +16.5% |
| Leasing and similar rights | 25 | - | €8,575 | +€8,575 | |
| Financial fixed assets | 28 | €1,855 | €1,855 | = | 0.0% |
| Current assets | 29/58 | €116,861 | €124,914 | +€8,053 | +6.9% |
| Amounts receivable within one year | 40/41 | €79,978 | €94,313 | +€14,335 | +17.9% |
| Trade receivables | 40 | €34,933 | €33,820 | -€1,113 | -3.2% |
| Other amounts receivable | 41 | €45,045 | €60,493 | +€15,448 | +34.3% |
| Cash at bank and in hand | 54/58 | €36,883 | €29,488 | -€7,395 | -20.1% |
| Deferred charges and accrued income | 490/1 | - | €1,113 | +€1,113 | |
| Total equity and liabilities | 10/49 | €142,957 | €163,575 | +€20,618 | +14.4% |
| Equity | 10/15 | €89,765 | €80,638 | -€9,127 | -10.2% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €30,035 | €19,126 | -€10,909 | -36.3% |
| Non-distributable reserves | 130/1 | €24,091 | €13,182 | -€10,909 | -45.3% |
| Other | 1319 | €24,091 | €13,182 | -€10,909 | -45.3% |
| Distributable reserves | 133 | €5,944 | €5,944 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,130 | €57,913 | +€1,783 | +3.2% |
| Amounts payable | 17/49 | €53,192 | €82,937 | +€29,745 | +55.9% |
| Amounts payable after more than one year | 17 | - | €15,584 | +€15,584 | |
| Financial debts | 170/4 | - | €15,584 | +€15,584 | |
| Amounts payable within one year | 42/48 | €53,192 | €67,352 | +€14,160 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,899 | +€3,899 | |
| Trade debts | 44 | €43,531 | €53,472 | +€9,941 | +22.8% |
| Suppliers | 440/4 | €43,531 | €53,472 | +€9,941 | +22.8% |
| Advances received on contracts in progress | 46 | €4,167 | €4,167 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,486 | €5,807 | +€321 | +5.8% |
| Taxes | 450/3 | €4,536 | €5,249 | +€712 | +15.7% |
| Remuneration and social security | 454/9 | €950 | €558 | -€392 | -41.2% |
| Other amounts payable | 47/48 | €7 | €7 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €337 | - | -€337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,801 | €12,764 | +€4,964 | +63.6% |
| Other operating charges | 640/8 | €4,864 | €3,228 | -€1,637 | -33.6% |
| Gross operating margin | 9900 | €21,333 | €20,513 | -€821 | -3.8% |
| Operating profit (loss) | 9901 | €8,332 | €4,521 | -€3,811 | -45.7% |
| Financial income | 75/76B | €5 | €1 | -€4 | -77.9% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -77.9% |
| Financial charges | 65/66B | €370 | €983 | +€612 | +165% |
| Recurring financial charges | 65 | €370 | €983 | +€612 | +165% |
| Profit (loss) for the period before taxes | 9903 | €7,967 | €3,539 | -€4,427 | -55.6% |
| Income taxes | 67/77 | €2,892 | €1,757 | -€1,135 | -39.3% |
| Profit (loss) for the period | 9904 | €5,075 | €1,783 | -€3,292 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,075 | €1,783 | -€3,292 | -64.9% |
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 16 October 2026 via checked.be.