CALCUTEK: 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.
CALCUTEK
Largest movements
- Current investments -€60,462
down €60,462 (-96.0%), from €62,962 to €2,500
- Tangible fixed assets +€43,909
up €43,909 (+242.0%), from €18,141 to €62,050
of which Furniture and vehicles: +€46,222
- Cash -€19,277
down €19,277 (-30.7%), from €62,820 to €43,543
mainly Investment in fixed assets (net) (-€55,271) and Other debts (-€27,854)
- Receivables within one year +€13,415
up €13,415 (+714.7%), from €1,877 to €15,292
of which Trade receivables: +€7,365
- Other debts -€27,854
down €27,854 (-58.3%), from €47,747 to €19,893
- Profit (loss) carried forward +€7,019
up €7,019 (+8.0%), from €87,578 to €94,597
- Gross operating margin -€5,719
down €5,719 (-21.7%), from €26,378 to €20,659
- Taxes -€4,423
down €4,423 (-94.5%), from €4,682 to €259
- Depreciation -€2,977
down €2,977 (-20.8%), from €14,339 to €11,362
- Financial charges +€444
up €444 (+109.6%), from €405 to €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 | €148,966 | €127,766 | -€21,200 | -14.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €20,816 | €64,725 | +€43,909 | +210.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €18,141 | €62,050 | +€43,909 | +242.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €7,801 | €6,667 | -€1,134 | -14.5% |
| Furniture and vehicles | 24 | €8,658 | €54,880 | +€46,222 | +533.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,682 | €503 | -€1,179 | -70.1% |
| Financial fixed assets | 28 | €2,675 | €2,675 | = | 0.0% |
| Current assets | 29/58 | €128,150 | €63,041 | -€65,109 | -50.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,877 | €15,292 | +€13,415 | +714.7% |
| Trade receivables | 40 | €1,267 | €8,632 | +€7,365 | +581.3% |
| Other amounts receivable | 41 | €610 | €6,660 | +€6,050 | +991.8% |
| Current investments | 50/53 | €62,962 | €2,500 | -€60,462 | -96.0% |
| Cash at bank and in hand | 54/58 | €62,820 | €43,543 | -€19,277 | -30.7% |
| Deferred charges and accrued income | 490/1 | €491 | €1,706 | +€1,215 | +247.5% |
| Total equity and liabilities | 10/49 | €148,966 | €127,766 | -€21,200 | -14.2% |
| Equity | 10/15 | €97,653 | €104,672 | +€7,019 | +7.2% |
| Contributions | 10/11 | €5,523 | €5,523 | = | 0.0% |
| Reserves | 13 | €4,552 | €4,552 | = | 0.0% |
| Distributable reserves | 133 | €4,552 | €4,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,578 | €94,597 | +€7,019 | +8.0% |
| Amounts payable | 17/49 | €51,313 | €23,094 | -€28,219 | -55.0% |
| Amounts payable within one year | 42/48 | €51,313 | €23,094 | -€28,219 | -55.0% |
| Trade debts | 44 | €1,016 | €651 | -€365 | -35.9% |
| Suppliers | 440/4 | €1,016 | €651 | -€365 | -35.9% |
| Taxes, remuneration and social security | 45 | €2,550 | €2,550 | = | 0.0% |
| Taxes | 450/3 | €2,550 | €2,550 | = | 0.0% |
| Other amounts payable | 47/48 | €47,747 | €19,893 | -€27,854 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,339 | €11,362 | -€2,977 | -20.8% |
| Other operating charges | 640/8 | €1,186 | €1,168 | -€18 | -1.5% |
| Non-recurring operating charges | 66A | €99 | €15 | -€84 | -84.8% |
| Gross operating margin | 9900 | €26,378 | €20,659 | -€5,719 | -21.7% |
| Operating profit (loss) | 9901 | €10,754 | €8,114 | -€2,640 | -24.5% |
| Financial income | 75/76B | €694 | €863 | +€169 | +24.4% |
| Recurring financial income | 75 | €694 | €863 | +€169 | +24.4% |
| Financial charges | 65/66B | €405 | €849 | +€444 | +109.6% |
| Recurring financial charges | 65 | €405 | €849 | +€444 | +109.6% |
| Profit (loss) for the period before taxes | 9903 | €11,043 | €8,128 | -€2,915 | -26.4% |
| Income taxes | 67/77 | €4,682 | €259 | -€4,423 | -94.5% |
| Profit (loss) for the period | 9904 | €6,361 | €7,869 | +€1,508 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,361 | €7,869 | +€1,508 | +23.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.