CALFOS: 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.
CALFOS
Largest movements
- Receivables within one year -€13,689
down €13,689 (-35.4%), from €38,709 to €25,020
of which Trade receivables: -€18,629
- Cash -€3,185
down €3,185 (-7.0%), from €45,605 to €42,420
mainly Trade debts (-€8,818) and Tax, wage and social debts (-€4,057)
- Trade debts -€8,818
down €8,818 (-98.4%), from €8,959 to €141
- Tax, wage and social debts -€4,057
down €4,057 (-25.0%), from €16,209 to €12,152
of which Taxes: -€4,182
- Profit (loss) carried forward -€3,999
down €3,999 (-68.9%), from -€5,804 to -€9,803
- Staff costs +€2,926
up €2,926 (+4.2%), from €69,542 to €72,468
- Gross operating margin -€2,519
down €2,519 (-3.5%), from €71,664 to €69,145
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,314 | €67,440 | -€16,874 | -20.0% |
| Current assets | 29/58 | €84,314 | €67,440 | -€16,874 | -20.0% |
| Amounts receivable within one year | 40/41 | €38,709 | €25,020 | -€13,689 | -35.4% |
| Trade receivables | 40 | €37,589 | €18,960 | -€18,629 | -49.6% |
| Other amounts receivable | 41 | €1,120 | €6,060 | +€4,941 | +441.2% |
| Cash at bank and in hand | 54/58 | €45,605 | €42,420 | -€3,185 | -7.0% |
| Total equity and liabilities | 10/49 | €84,314 | €67,440 | -€16,874 | -20.0% |
| Equity | 10/15 | €59,146 | €55,147 | -€3,999 | -6.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,977 | €2,977 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,670 | €1,670 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,670 | €1,670 | = | 0.0% |
| Distributable reserves | 133 | €1,307 | €1,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,804 | -€9,803 | -€3,999 | -68.9% |
| Amounts payable | 17/49 | €25,168 | €12,293 | -€12,875 | -51.2% |
| Amounts payable within one year | 42/48 | €25,168 | €12,293 | -€12,875 | -51.2% |
| Trade debts | 44 | €8,959 | €141 | -€8,818 | -98.4% |
| Suppliers | 440/4 | €8,959 | €141 | -€8,818 | -98.4% |
| Taxes, remuneration and social security | 45 | €16,209 | €12,152 | -€4,057 | -25.0% |
| Taxes | 450/3 | €6,877 | €2,695 | -€4,182 | -60.8% |
| Remuneration and social security | 454/9 | €9,331 | €9,456 | +€125 | +1.3% |
| Remuneration, social security and pensions | 62 | €69,542 | €72,468 | +€2,926 | +4.2% |
| Other operating charges | 640/8 | €1,050 | €655 | -€395 | -37.6% |
| Gross operating margin | 9900 | €71,664 | €69,145 | -€2,519 | -3.5% |
| Operating profit (loss) | 9901 | €1,072 | -€3,978 | -€5,050 | |
| Financial charges | 65/66B | €24 | €21 | -€3 | -12.1% |
| Recurring financial charges | 65 | €24 | €21 | -€3 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €1,048 | -€3,999 | -€5,047 | |
| Profit (loss) for the period | 9904 | €1,048 | -€3,999 | -€5,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,048 | -€3,999 | -€5,047 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.