Caledonian: 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.
Caledonian
Largest movements
- Receivables within one year -€10,795
down €10,795 (-28.5%), from €37,830 to €27,034
of which Other amounts receivable: -€12,585
- Deferred charges and accrued income +€1,805
up €1,805 (+94.3%), from €1,913 to €3,718
- Profit (loss) carried forward -€16,053
down €16,053, from €10,026 to -€6,026
- Tax, wage and social debts -€13,509
down €13,509 (-59.1%), from €22,863 to €9,355
of which Taxes: -€18,009
- Other debts +€10,877
up €10,877 (+633.1%), from €1,718 to €12,595
- Trade debts +€9,395
up €9,395 (+197.9%), from €4,748 to €14,143
- Financial charges +€36,372
up €36,372 (+760.6%), from €4,782 to €41,154
- Gross operating margin +€6,800
up €6,800 (+38.4%), from €17,709 to €24,509
- Taxes -€4,166
down €4,166 (-93.6%), from €4,452 to €286
- Financial income -€427
down €427 (-20.5%), from €2,086 to €1,659
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 | €89,614 | €80,325 | -€9,289 | -10.4% |
| Fixed assets | 21/28 | €348 | €265 | -€82 | -23.7% |
| Tangible fixed assets | 22/27 | €123 | €40 | -€82 | -67.2% |
| Furniture and vehicles | 24 | €123 | €40 | -€82 | -67.2% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €89,267 | €80,060 | -€9,207 | -10.3% |
| Amounts receivable after more than one year | 29 | €45,000 | €45,000 | = | 0.0% |
| Other amounts receivable | 291 | €45,000 | €45,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,713 | €3,713 | = | 0.0% |
| Stocks | 30/36 | €3,713 | €3,713 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,830 | €27,034 | -€10,795 | -28.5% |
| Trade receivables | 40 | €24,281 | €26,070 | +€1,789 | +7.4% |
| Other amounts receivable | 41 | €13,548 | €964 | -€12,585 | -92.9% |
| Cash at bank and in hand | 54/58 | €810 | €594 | -€216 | -26.7% |
| Deferred charges and accrued income | 490/1 | €1,913 | €3,718 | +€1,805 | +94.3% |
| Total equity and liabilities | 10/49 | €89,614 | €80,325 | -€9,289 | -10.4% |
| Equity | 10/15 | €60,285 | €44,232 | -€16,053 | -26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,059 | €44,059 | = | 0.0% |
| Distributable reserves | 133 | €44,059 | €44,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,026 | -€6,026 | -€16,053 | |
| Amounts payable | 17/49 | €29,329 | €36,093 | +€6,764 | +23.1% |
| Amounts payable within one year | 42/48 | €29,329 | €36,093 | +€6,764 | +23.1% |
| Trade debts | 44 | €4,748 | €14,143 | +€9,395 | +197.9% |
| Suppliers | 440/4 | €4,748 | €14,143 | +€9,395 | +197.9% |
| Taxes, remuneration and social security | 45 | €22,863 | €9,355 | -€13,509 | -59.1% |
| Taxes | 450/3 | €22,863 | €4,855 | -€18,009 | -78.8% |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €1,718 | €12,595 | +€10,877 | +633.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163 | €82 | -€81 | -49.4% |
| Other operating charges | 640/8 | €918 | €698 | -€220 | -24.0% |
| Gross operating margin | 9900 | €17,709 | €24,509 | +€6,800 | +38.4% |
| Operating profit (loss) | 9901 | €16,628 | €23,728 | +€7,101 | +42.7% |
| Financial income | 75/76B | €2,086 | €1,659 | -€427 | -20.5% |
| Recurring financial income | 75 | €2,086 | €1,659 | -€427 | -20.5% |
| Financial charges | 65/66B | €4,782 | €41,154 | +€36,372 | +760.6% |
| Recurring financial charges | 65 | €4,782 | €41,154 | +€36,372 | +760.6% |
| Profit (loss) for the period before taxes | 9903 | €13,932 | -€15,767 | -€29,698 | |
| Income taxes | 67/77 | €4,452 | €286 | -€4,166 | -93.6% |
| Profit (loss) for the period | 9904 | €9,480 | -€16,053 | -€25,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,480 | -€16,053 | -€25,533 |
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.