CALESTIAN: 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.
CALESTIAN
Largest movements
- Financial fixed assets +€150,000
new in 2025: €150,000
- Receivables within one year +€23,933
up €23,933 (+5.6%), from €427,383 to €451,317
of which Trade receivables: +€16,976
- Tangible fixed assets -€22,483
down €22,483 (-23.0%), from €97,735 to €75,252
of which Furniture and vehicles: -€21,838
- Cash -€8,539
down €8,539 (-8.0%), from €106,998 to €98,459
mainly Investment in fixed assets (net) (-€151,355) and Contributions, distributions and other (-€80,000)
- Other debts +€179,990
up €179,990 (+1,818,082%), from €10 to €180,000
- Profit (loss) carried forward -€20,627
down €20,627 (-3.5%), from €581,081 to €560,454
- Short-term financial debts -€17,351
down €17,351 (-76.9%), from €22,550 to €5,199
- Debts after one year -€11,997
down €11,997 (-38.5%), from €31,179 to €19,183
- Tax, wage and social debts +€10,414
up €10,414 (+124%), from €8,403 to €18,817
of which Remuneration and social security: +€6,648
- Gross operating margin -€554,634
down €554,634 (-85.0%), from €652,230 to €97,596
- Taxes -€135,022
down €135,022 (-88.3%), from €152,874 to €17,852
- Financial income +€12,297
up €12,297 (+94.0%), from €13,085 to €25,382
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 | €658,596 | €799,159 | +€140,563 | +21.3% |
| Formation expenses | 20 | €158 | €0 | -€158 | -100% |
| Fixed assets | 21/28 | €97,735 | €225,252 | +€127,517 | +130% |
| Tangible fixed assets | 22/27 | €97,735 | €75,252 | -€22,483 | -23.0% |
| Land and buildings | 22 | €4,062 | €3,417 | -€645 | -15.9% |
| Furniture and vehicles | 24 | €93,673 | €71,835 | -€21,838 | -23.3% |
| Financial fixed assets | 28 | - | €150,000 | +€150,000 | |
| Current assets | 29/58 | €560,703 | €573,906 | +€13,203 | +2.4% |
| Amounts receivable within one year | 40/41 | €427,383 | €451,317 | +€23,933 | +5.6% |
| Trade receivables | 40 | €3,190 | €20,167 | +€16,976 | +532% |
| Other amounts receivable | 41 | €424,193 | €431,150 | +€6,957 | +1.6% |
| Current investments | 50/53 | €22,048 | €22,270 | +€222 | +1.0% |
| Cash at bank and in hand | 54/58 | €106,998 | €98,459 | -€8,539 | -8.0% |
| Deferred charges and accrued income | 490/1 | €4,274 | €1,861 | -€2,413 | -56.5% |
| Total equity and liabilities | 10/49 | €658,596 | €799,159 | +€140,563 | +21.3% |
| Equity | 10/15 | €582,081 | €561,454 | -€20,627 | -3.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581,081 | €560,454 | -€20,627 | -3.5% |
| Amounts payable | 17/49 | €76,514 | €237,704 | +€161,190 | +211% |
| Amounts payable after more than one year | 17 | €31,179 | €19,183 | -€11,997 | -38.5% |
| Financial debts | 170/4 | €31,179 | €19,183 | -€11,997 | -38.5% |
| Amounts payable within one year | 42/48 | €44,420 | €217,713 | +€173,292 | +390% |
| Current portion of amounts payable after more than one year | 42 | €11,399 | €11,997 | +€597 | +5.2% |
| Financial debts | 43 | €22,550 | €5,199 | -€17,351 | -76.9% |
| Credit institutions | 430/8 | €22,550 | €5,199 | -€17,351 | -76.9% |
| Trade debts | 44 | €2,058 | €1,700 | -€358 | -17.4% |
| Suppliers | 440/4 | €2,058 | €1,700 | -€358 | -17.4% |
| Taxes, remuneration and social security | 45 | €8,403 | €18,817 | +€10,414 | +124% |
| Taxes | 450/3 | €6,399 | €10,164 | +€3,766 | +58.9% |
| Remuneration and social security | 454/9 | €2,004 | €8,652 | +€6,648 | +332% |
| Other amounts payable | 47/48 | €10 | €180,000 | +€179,990 | +1,818,082% |
| Accrued charges and deferred income | 492/3 | €915 | €809 | -€106 | -11.6% |
| Non-recurring operating income | 76A | €6,167 | €0 | -€6,167 | -100% |
| Remuneration, social security and pensions | 62 | €17,048 | €17,642 | +€594 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,904 | €23,996 | +€4,092 | +20.6% |
| Other operating charges | 640/8 | €1,301 | €777 | -€524 | -40.3% |
| Gross operating margin | 9900 | €652,230 | €97,596 | -€554,634 | -85.0% |
| Operating profit (loss) | 9901 | €613,978 | €55,181 | -€558,797 | -91.0% |
| Financial income | 75/76B | €13,085 | €25,382 | +€12,297 | +94.0% |
| Recurring financial income | 75 | €13,085 | €25,382 | +€12,297 | +94.0% |
| Financial charges | 65/66B | €5,190 | €3,338 | -€1,851 | -35.7% |
| Recurring financial charges | 65 | €5,190 | €2,412 | -€2,778 | -53.5% |
| Non-recurring financial charges | 66B | - | €927 | +€927 | |
| Profit (loss) for the period before taxes | 9903 | €621,874 | €77,225 | -€544,649 | -87.6% |
| Income taxes | 67/77 | €152,874 | €17,852 | -€135,022 | -88.3% |
| Profit (loss) for the period | 9904 | €468,999 | €59,373 | -€409,626 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €468,999 | €59,373 | -€409,626 | -87.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.