CALCULARE: 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.
CALCULARE
Largest movements
- Tangible fixed assets -€49,151
down €49,151 (-7.3%), from €669,489 to €620,337
- Receivables after one year +€30,294
up €30,294 (+29.6%), from €102,298 to €132,593
- Receivables within one year +€10,759
up €10,759 (+12.4%), from €86,913 to €97,672
of which Trade receivables: +€10,759
- Cash -€9,397
down €9,397 (-40.6%), from €23,119 to €13,722
mainly Contributions, distributions and other (-€130,000) and Debts after one year (-€39,878)
- Debts after one year -€39,878
down €39,878 (-6.0%), from €665,801 to €625,923
- Tax, wage and social debts +€20,113
up €20,113 (+28.0%), from €71,916 to €92,029
of which Remuneration and social security: +€18,709
- Profit (loss) carried forward -€17,817
down €17,817 (-51.2%), from €34,765 to €16,948
- Trade debts +€9,452
up €9,452 (+86.0%), from €10,994 to €20,446
- Gross operating margin +€114,520
up €114,520 (+39.4%), from €290,875 to €405,394
- Staff costs +€68,201
up €68,201 (+57.1%), from €119,404 to €187,605
- Taxes +€8,112
up €8,112 (+37.1%), from €21,888 to €30,000
- Depreciation -€4,409
down €4,409 (-7.0%), from €62,638 to €58,229
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 | €889,263 | €871,603 | -€17,660 | -2.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €672,125 | €622,106 | -€50,019 | -7.4% |
| Intangible fixed assets | 21 | €2,636 | €1,769 | -€868 | -32.9% |
| Tangible fixed assets | 22/27 | €669,489 | €620,337 | -€49,151 | -7.3% |
| Land and buildings | 22 | €489,806 | €467,283 | -€22,523 | -4.6% |
| Plant, machinery and equipment | 23 | €173,098 | €149,317 | -€23,780 | -13.7% |
| Furniture and vehicles | 24 | €6,585 | €3,737 | -€2,848 | -43.3% |
| Current assets | 29/58 | €217,138 | €249,496 | +€32,358 | +14.9% |
| Amounts receivable after more than one year | 29 | €102,298 | €132,593 | +€30,294 | +29.6% |
| Other amounts receivable | 291 | €102,298 | €132,593 | +€30,294 | +29.6% |
| Amounts receivable within one year | 40/41 | €86,913 | €97,672 | +€10,759 | +12.4% |
| Trade receivables | 40 | €78,801 | €89,560 | +€10,759 | +13.7% |
| Other amounts receivable | 41 | €8,112 | €8,112 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,119 | €13,722 | -€9,397 | -40.6% |
| Deferred charges and accrued income | 490/1 | €4,807 | €5,510 | +€702 | +14.6% |
| Total equity and liabilities | 10/49 | €889,263 | €871,603 | -€17,660 | -2.0% |
| Equity | 10/15 | €54,115 | €36,298 | -€17,817 | -32.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | €750 | €750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,765 | €16,948 | -€17,817 | -51.2% |
| Amounts payable | 17/49 | €835,148 | €835,305 | +€156 | 0.0% |
| Amounts payable after more than one year | 17 | €665,801 | €625,923 | -€39,878 | -6.0% |
| Financial debts | 170/4 | €665,801 | €625,923 | -€39,878 | -6.0% |
| Amounts payable within one year | 42/48 | €169,348 | €209,382 | +€40,034 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €70,532 | €75,818 | +€5,287 | +7.5% |
| Financial debts | 43 | €15,223 | €21,089 | +€5,867 | +38.5% |
| Other loans | 439 | €15,223 | €21,089 | +€5,867 | +38.5% |
| Trade debts | 44 | €10,994 | €20,446 | +€9,452 | +86.0% |
| Suppliers | 440/4 | €10,994 | €20,446 | +€9,452 | +86.0% |
| Taxes, remuneration and social security | 45 | €71,916 | €92,029 | +€20,113 | +28.0% |
| Taxes | 450/3 | €51,942 | €53,345 | +€1,403 | +2.7% |
| Remuneration and social security | 454/9 | €19,974 | €38,683 | +€18,709 | +93.7% |
| Other amounts payable | 47/48 | €684 | - | -€684 | |
| Remuneration, social security and pensions | 62 | €119,404 | €187,605 | +€68,201 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,638 | €58,229 | -€4,409 | -7.0% |
| Other operating charges | 640/8 | €3,397 | €4,382 | +€985 | +29.0% |
| Gross operating margin | 9900 | €290,875 | €405,394 | +€114,520 | +39.4% |
| Operating profit (loss) | 9901 | €105,435 | €155,178 | +€49,743 | +47.2% |
| Financial income | 75/76B | €3,483 | €2,858 | -€625 | -17.9% |
| Recurring financial income | 75 | €3,483 | €2,858 | -€625 | -17.9% |
| Financial charges | 65/66B | €16,510 | €15,854 | -€656 | -4.0% |
| Recurring financial charges | 65 | €16,510 | €15,854 | -€656 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €92,409 | €142,183 | +€49,774 | +53.9% |
| Income taxes | 67/77 | €21,888 | €30,000 | +€8,112 | +37.1% |
| Profit (loss) for the period | 9904 | €70,521 | €112,183 | +€41,663 | +59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,521 | €112,183 | +€41,663 | +59.1% |
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 11 October 2026 via checked.be.