caleb.be: 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.
caleb.be
Largest movements
- Current investments +€50,000
up €50,000 (+100.0%), from €50,000 to €100,000
- Cash -€47,137
down €47,137 (-12.1%), from €390,642 to €343,505
mainly Contributions, distributions and other (-€77,015) and Current investments (-€50,000)
- Receivables within one year -€17,095
down €17,095 (-52.3%), from €32,659 to €15,564
of which Trade receivables: -€13,814
- Contributions -€11,945
down €11,945 (-100.0%), from €11,946 to €1
- Tax, wage and social debts -€8,252
down €8,252 (-30.5%), from €27,051 to €18,799
- Other debts +€7,082
up €7,082 (+242.6%), from €2,919 to €10,001
- Financial charges +€4,410
up €4,410 (+901.0%), from €489 to €4,900
- Gross operating margin -€4,379
down €4,379 (-5.6%), from €78,411 to €74,033
- Financial income +€3,974
up €3,974 (+22.7%), from €17,477 to €21,451
- Taxes -€1,695
down €1,695 (-7.0%), from €24,310 to €22,615
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 | €488,234 | €466,285 | -€21,949 | -4.5% |
| Fixed assets | 21/28 | €7,482 | €2,975 | -€4,506 | -60.2% |
| Tangible fixed assets | 22/27 | €7,482 | €2,975 | -€4,506 | -60.2% |
| Plant, machinery and equipment | 23 | €1,355 | €1,169 | -€186 | -13.7% |
| Furniture and vehicles | 24 | €6,126 | €1,806 | -€4,321 | -70.5% |
| Current assets | 29/58 | €480,752 | €463,310 | -€17,442 | -3.6% |
| Amounts receivable within one year | 40/41 | €32,659 | €15,564 | -€17,095 | -52.3% |
| Trade receivables | 40 | €29,360 | €15,546 | -€13,814 | -47.1% |
| Other amounts receivable | 41 | €3,299 | €18 | -€3,281 | -99.5% |
| Current investments | 50/53 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €390,642 | €343,505 | -€47,137 | -12.1% |
| Deferred charges and accrued income | 490/1 | €7,451 | €4,241 | -€3,210 | -43.1% |
| Total equity and liabilities | 10/49 | €488,234 | €466,285 | -€21,949 | -4.5% |
| Equity | 10/15 | €446,406 | €432,202 | -€14,204 | -3.2% |
| Contributions | 10/11 | €11,946 | €1 | -€11,945 | -100.0% |
| Reserves | 13 | €434,460 | €432,201 | -€2,259 | -0.5% |
| Distributable reserves | 133 | €434,460 | €432,201 | -€2,259 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,828 | €34,083 | -€7,745 | -18.5% |
| Amounts payable within one year | 42/48 | €38,659 | €34,083 | -€4,576 | -11.8% |
| Financial debts | 43 | €210 | €269 | +€59 | +28.2% |
| Other loans | 439 | €210 | €269 | +€59 | +28.2% |
| Trade debts | 44 | €8,480 | €5,015 | -€3,466 | -40.9% |
| Suppliers | 440/4 | €8,480 | €5,015 | -€3,466 | -40.9% |
| Taxes, remuneration and social security | 45 | €27,051 | €18,799 | -€8,252 | -30.5% |
| Taxes | 450/3 | €27,051 | €18,799 | -€8,252 | -30.5% |
| Other amounts payable | 47/48 | €2,919 | €10,001 | +€7,082 | +242.6% |
| Accrued charges and deferred income | 492/3 | €3,169 | €0 | -€3,169 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,370 | €4,506 | +€137 | +3.1% |
| Other operating charges | 640/8 | €450 | €652 | +€202 | +44.8% |
| Non-recurring operating charges | 66A | €347 | €0 | -€347 | -100.0% |
| Gross operating margin | 9900 | €78,411 | €74,033 | -€4,379 | -5.6% |
| Operating profit (loss) | 9901 | €73,244 | €68,874 | -€4,370 | -6.0% |
| Financial income | 75/76B | €17,477 | €21,451 | +€3,974 | +22.7% |
| Recurring financial income | 75 | €17,477 | €21,451 | +€3,974 | +22.7% |
| Financial charges | 65/66B | €489 | €4,900 | +€4,410 | +901.0% |
| Recurring financial charges | 65 | €489 | €4,900 | +€4,410 | +901.0% |
| Profit (loss) for the period before taxes | 9903 | €90,232 | €85,426 | -€4,806 | -5.3% |
| Income taxes | 67/77 | €24,310 | €22,615 | -€1,695 | -7.0% |
| Profit (loss) for the period | 9904 | €65,922 | €62,811 | -€3,111 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €65,922 | €62,811 | -€3,111 | -4.7% |
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 10 October 2026 via checked.be.