CALECHE: 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.
CALECHE
Largest movements
- Cash +€188,848
up €188,848 (+52.6%), from €358,896 to €547,744
mainly Net result for the year (+€374,966) and Depreciation (+€77,169)
- Tangible fixed assets -€77,397
down €77,397 (-20.5%), from €377,095 to €299,698
- Receivables within one year +€72,173
up €72,173 (+14.0%), from €516,191 to €588,363
of which Other amounts receivable: +€155,212
- Stocks and contracts +€25,782
up €25,782 (+6.1%), from €420,581 to €446,363
- Reserves +€374,966
up €374,966 (+91.2%), from €410,978 to €785,944
of which Distributable reserves: +€387,572
- Other debts -€165,539
down €165,539 (-86.0%), from €192,385 to €26,846
- Debts after one year -€67,321
down €67,321 (-11.4%), from €589,862 to €522,541
- Tax, wage and social debts +€37,982
up €37,982 (+19.8%), from €192,259 to €230,240
of which Taxes: +€37,982
- Short-term financial debts +€36,417
up €36,417 (+173%), from €21,045 to €57,462
- Gross operating margin +€388,129
up €388,129 (+52.1%), from €744,422 to €1.1m
- Taxes +€129,225
up €129,225 (+181%), from €71,376 to €200,601
- Staff costs +€28,724
up €28,724 (+6.4%), from €449,224 to €477,948
- Other operating charges -€13,179
down €13,179 (-57.9%), from €22,774 to €9,596
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 | €1,754,373 | €1,949,145 | +€194,772 | +11.1% |
| Fixed assets | 21/28 | €420,454 | €340,368 | -€80,086 | -19.0% |
| Intangible fixed assets | 21 | €21,651 | €21,213 | -€439 | -2.0% |
| Tangible fixed assets | 22/27 | €377,095 | €299,698 | -€77,397 | -20.5% |
| Land and buildings | 22 | €202,398 | €177,681 | -€24,717 | -12.2% |
| Plant, machinery and equipment | 23 | €11,507 | €576 | -€10,931 | -95.0% |
| Furniture and vehicles | 24 | €35,278 | €27,239 | -€8,039 | -22.8% |
| Leasing and similar rights | 25 | €117,756 | €87,037 | -€30,719 | -26.1% |
| Other tangible fixed assets | 26 | €10,156 | €7,165 | -€2,992 | -29.5% |
| Financial fixed assets | 28 | €21,708 | €19,458 | -€2,250 | -10.4% |
| Current assets | 29/58 | €1,333,919 | €1,608,777 | +€274,858 | +20.6% |
| Stocks and contracts in progress | 3 | €420,581 | €446,363 | +€25,782 | +6.1% |
| Stocks | 30/36 | €420,581 | €446,363 | +€25,782 | +6.1% |
| Amounts receivable within one year | 40/41 | €516,191 | €588,363 | +€72,173 | +14.0% |
| Trade receivables | 40 | €147,923 | €64,884 | -€83,039 | -56.1% |
| Other amounts receivable | 41 | €368,268 | €523,479 | +€155,212 | +42.1% |
| Cash at bank and in hand | 54/58 | €358,896 | €547,744 | +€188,848 | +52.6% |
| Deferred charges and accrued income | 490/1 | €38,252 | €26,307 | -€11,945 | -31.2% |
| Total equity and liabilities | 10/49 | €1,754,373 | €1,949,145 | +€194,772 | +11.1% |
| Equity | 10/15 | €478,179 | €853,146 | +€374,966 | +78.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €410,978 | €785,944 | +€374,966 | +91.2% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €137,528 | €124,922 | -€12,606 | -9.2% |
| Distributable reserves | 133 | €267,300 | €654,873 | +€387,572 | +145% |
| Profit (loss) carried forward | 14 | €5,701 | €5,701 | = | 0.0% |
| Provisions and deferred taxes | 16 | €45,417 | €41,215 | -€4,202 | -9.3% |
| Deferred taxes | 168 | €45,417 | €41,215 | -€4,202 | -9.3% |
| Amounts payable | 17/49 | €1,230,776 | €1,054,784 | -€175,992 | -14.3% |
| Amounts payable after more than one year | 17 | €589,862 | €522,541 | -€67,321 | -11.4% |
| Financial debts | 170/4 | €589,862 | €522,541 | -€67,321 | -11.4% |
| Amounts payable within one year | 42/48 | €640,914 | €532,243 | -€108,671 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €82,723 | €67,321 | -€15,402 | -18.6% |
| Financial debts | 43 | €21,045 | €57,462 | +€36,417 | +173% |
| Credit institutions | 430/8 | €21,045 | €57,462 | +€36,417 | +173% |
| Trade debts | 44 | €152,503 | €150,373 | -€2,130 | -1.4% |
| Suppliers | 440/4 | €152,503 | €150,373 | -€2,130 | -1.4% |
| Taxes, remuneration and social security | 45 | €192,259 | €230,240 | +€37,982 | +19.8% |
| Taxes | 450/3 | €140,852 | €178,833 | +€37,982 | +27.0% |
| Remuneration and social security | 454/9 | €51,407 | €51,407 | = | 0.0% |
| Other amounts payable | 47/48 | €192,385 | €26,846 | -€165,539 | -86.0% |
| Remuneration, social security and pensions | 62 | €449,224 | €477,948 | +€28,724 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,389 | €77,169 | +€5,781 | +8.1% |
| Other operating charges | 640/8 | €22,774 | €9,596 | -€13,179 | -57.9% |
| Gross operating margin | 9900 | €744,422 | €1,132,550 | +€388,129 | +52.1% |
| Operating profit (loss) | 9901 | €201,034 | €567,837 | +€366,803 | +182% |
| Financial income | 75/76B | €38,833 | €42,435 | +€3,602 | +9.3% |
| Recurring financial income | 75 | €38,833 | €42,435 | +€3,602 | +9.3% |
| Financial charges | 65/66B | €41,778 | €38,907 | -€2,871 | -6.9% |
| Recurring financial charges | 65 | €41,778 | €38,907 | -€2,871 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €198,089 | €571,365 | +€373,276 | +188% |
| Transfer from deferred taxes | 780 | €4,202 | €4,202 | = | 0.0% |
| Income taxes | 67/77 | €71,376 | €200,601 | +€129,225 | +181% |
| Profit (loss) for the period | 9904 | €130,914 | €374,966 | +€244,052 | +186% |
| Transfer from tax-exempt reserves | 789 | €12,606 | €12,606 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €143,520 | €387,572 | +€244,052 | +170% |
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 19 October 2026 via checked.be.