Calevoet Development: 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.
Calevoet Development
Largest movements
- Cash -€448,879
down €448,879 (-68.6%), from €654,500 to €205,621
mainly Tax, wage and social debts (-€437,786) and Receivables within one year (-€15,870)
- Receivables within one year +€15,870
up €15,870, from €0 to €15,870
of which Trade receivables: +€11,840
- Tax, wage and social debts -€437,786
down €437,786 (-99.4%), from €440,547 to €2,761
- Trade debts +€14,114
up €14,114 (+238%), from €5,939 to €20,053
- Profit (loss) carried forward -€9,548
down €9,548, from €6,481 to -€3,067
- Gross operating margin -€112,829
down €112,829, from €105,089 to -€7,740
- Financial charges -€10,572
down €10,572 (-96.0%), from €11,012 to €440
- Taxes -€2,350
down €2,350 (-91.9%), from €2,555 to €206
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 | €654,711 | €221,491 | -€433,220 | -66.2% |
| Current assets | 29/58 | €654,711 | €221,491 | -€433,220 | -66.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €15,870 | +€15,870 | |
| Trade receivables | 40 | - | €11,840 | +€11,840 | |
| Other amounts receivable | 41 | €0 | €4,030 | +€4,030 | |
| Cash at bank and in hand | 54/58 | €654,500 | €205,621 | -€448,879 | -68.6% |
| Deferred charges and accrued income | 490/1 | €211 | - | -€211 | |
| Total equity and liabilities | 10/49 | €654,711 | €221,491 | -€433,220 | -66.2% |
| Equity | 10/15 | €206,822 | €197,274 | -€9,548 | -4.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €341 | €341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €341 | €341 | = | 0.0% |
| Legal reserve | 130 | €341 | €341 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,481 | -€3,067 | -€9,548 | |
| Amounts payable | 17/49 | €447,889 | €24,217 | -€423,672 | -94.6% |
| Amounts payable within one year | 42/48 | €446,486 | €22,814 | -€423,672 | -94.9% |
| Trade debts | 44 | €5,939 | €20,053 | +€14,114 | +238% |
| Suppliers | 440/4 | €5,939 | €20,053 | +€14,114 | +238% |
| Taxes, remuneration and social security | 45 | €440,547 | €2,761 | -€437,786 | -99.4% |
| Taxes | 450/3 | €440,547 | €2,761 | -€437,786 | -99.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,403 | €1,403 | = | 0.0% |
| Other operating charges | 640/8 | €1,433 | €1,162 | -€271 | -18.9% |
| Gross operating margin | 9900 | €105,089 | -€7,740 | -€112,829 | |
| Operating profit (loss) | 9901 | €103,655 | -€8,902 | -€112,558 | |
| Financial charges | 65/66B | €11,012 | €440 | -€10,572 | -96.0% |
| Recurring financial charges | 65 | €11,012 | €440 | -€10,572 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €92,644 | -€9,342 | -€101,986 | |
| Income taxes | 67/77 | €2,555 | €206 | -€2,350 | -91.9% |
| Profit (loss) for the period | 9904 | €90,088 | -€9,548 | -€99,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,088 | -€9,548 | -€99,636 |
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 27 October 2026 via checked.be.