CaleVets: 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.
CaleVets
Largest movements
- Tangible fixed assets -€21,197
down €21,197 (-7.3%), from €288,521 to €267,323
- Cash -€18,755
down €18,755 (-85.3%), from €21,995 to €3,240
mainly Trade debts (-€22,946) and Other debts (-€16,715)
- Stocks and contracts -€12,291
down €12,291 (-89.5%), from €13,737 to €1,446
- Receivables within one year -€3,740
no longer reported in 2025 (was €3,740)
of which Trade receivables: -€3,067
- Deferred charges and accrued income -€3,599
down €3,599 (-99.4%), from €3,620 to €21
- Trade debts -€22,946
down €22,946 (-99.3%), from €23,111 to €165
- Other debts -€16,715
down €16,715 (-22.0%), from €75,877 to €59,162
- Debts after one year -€10,386
down €10,386 (-5.4%), from €192,602 to €182,216
- Tax, wage and social debts -€10,287
down €10,287 (-64.9%), from €15,861 to €5,573
of which Remuneration and social security: -€10,422
- Gross operating margin +€33,919
up €33,919 (+65.1%), from €52,138 to €86,057
- Staff costs +€32,134
up €32,134 (+161.3%), from €19,925 to €52,059
- Taxes -€4,000
no longer reported in 2025 (was €4,000)
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 | €331,612 | €272,030 | -€59,582 | -18.0% |
| Fixed assets | 21/28 | €288,521 | €267,323 | -€21,197 | -7.3% |
| Tangible fixed assets | 22/27 | €288,521 | €267,323 | -€21,197 | -7.3% |
| Land and buildings | 22 | €241,528 | €235,278 | -€6,250 | -2.6% |
| Plant, machinery and equipment | 23 | €21,138 | €12,790 | -€8,348 | -39.5% |
| Furniture and vehicles | 24 | €25,855 | €19,255 | -€6,600 | -25.5% |
| Current assets | 29/58 | €43,092 | €4,707 | -€38,385 | -89.1% |
| Stocks and contracts in progress | 3 | €13,737 | €1,446 | -€12,291 | -89.5% |
| Stocks | 30/36 | €13,737 | €1,446 | -€12,291 | -89.5% |
| Amounts receivable within one year | 40/41 | €3,740 | - | -€3,740 | |
| Trade receivables | 40 | €3,067 | - | -€3,067 | |
| Other amounts receivable | 41 | €673 | - | -€673 | |
| Cash at bank and in hand | 54/58 | €21,995 | €3,240 | -€18,755 | -85.3% |
| Deferred charges and accrued income | 490/1 | €3,620 | €21 | -€3,599 | -99.4% |
| Total equity and liabilities | 10/49 | €331,612 | €272,030 | -€59,582 | -18.0% |
| Equity | 10/15 | €12,714 | €13,946 | +€1,232 | +9.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €8,308 | €8,308 | = | 0.0% |
| Distributable reserves | 133 | €8,308 | €8,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,594 | -€19,362 | +€1,232 | +6.0% |
| Amounts payable | 17/49 | €318,898 | €258,085 | -€60,814 | -19.1% |
| Amounts payable after more than one year | 17 | €192,602 | €182,216 | -€10,386 | -5.4% |
| Financial debts | 170/4 | €192,602 | €182,216 | -€10,386 | -5.4% |
| Amounts payable within one year | 42/48 | €125,061 | €75,869 | -€49,192 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €10,212 | €10,968 | +€756 | +7.4% |
| Trade debts | 44 | €23,111 | €165 | -€22,946 | -99.3% |
| Suppliers | 440/4 | €23,111 | €165 | -€22,946 | -99.3% |
| Taxes, remuneration and social security | 45 | €15,861 | €5,573 | -€10,287 | -64.9% |
| Taxes | 450/3 | €5,439 | €5,573 | +€135 | +2.5% |
| Remuneration and social security | 454/9 | €10,422 | - | -€10,422 | |
| Other amounts payable | 47/48 | €75,877 | €59,162 | -€16,715 | -22.0% |
| Accrued charges and deferred income | 492/3 | €1,235 | - | -€1,235 | |
| Remuneration, social security and pensions | 62 | €19,925 | €52,059 | +€32,134 | +161.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,937 | €27,440 | -€496 | -1.8% |
| Other operating charges | 640/8 | €1,765 | €1,991 | +€226 | +12.8% |
| Gross operating margin | 9900 | €52,138 | €86,057 | +€33,919 | +65.1% |
| Operating profit (loss) | 9901 | €2,512 | €4,567 | +€2,055 | +81.8% |
| Financial charges | 65/66B | €3,948 | €3,335 | -€612 | -15.5% |
| Recurring financial charges | 65 | €3,948 | €3,335 | -€612 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,436 | €1,232 | +€2,668 | |
| Income taxes | 67/77 | €4,000 | - | -€4,000 | |
| Profit (loss) for the period | 9904 | -€5,436 | €1,232 | +€6,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,436 | €1,232 | +€6,668 |
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 1 October 2026 via checked.be.