Calibeke: 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.
Calibeke
Largest movements
- Tangible fixed assets -€205,300
down €205,300 (-12.7%), from €1.6m to €1.4m
of which Land and buildings: -€146,002
- Receivables within one year -€131,012
down €131,012 (-18.0%), from €729,631 to €598,619
of which Other amounts receivable: -€131,716
- Other debts -€207,592
down €207,592 (-100%), from €207,592 to €0
- Reserves -€132,344
down €132,344 (-22.6%), from €585,659 to €453,315
of which Distributable reserves: -€119,344
- Trade debts -€132,001
down €132,001 (-95.4%), from €138,322 to €6,321
- Current portion of long-term debt +€58,667
up €58,667 (+31.3%), from €187,443 to €246,109
- Debts after one year +€43,557
up €43,557 (+3.8%), from €1.2m to €1.2m
- Gross operating margin -€81,064
down €81,064 (-17.0%), from €476,037 to €394,973
- Financial income +€27,981
up €27,981 (+1,772%), from €1,579 to €29,559
- Depreciation -€10,393
down €10,393 (-3.9%), from €266,858 to €256,465
- Financial charges +€6,527
up €6,527 (+24.8%), from €26,321 to €32,847
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 | €2,417,730 | €2,064,223 | -€353,507 | -14.6% |
| Fixed assets | 21/28 | €1,626,214 | €1,415,633 | -€210,581 | -12.9% |
| Intangible fixed assets | 21 | €11,088 | €5,807 | -€5,281 | -47.6% |
| Tangible fixed assets | 22/27 | €1,615,126 | €1,409,827 | -€205,300 | -12.7% |
| Land and buildings | 22 | €1,224,156 | €1,078,154 | -€146,002 | -11.9% |
| Plant, machinery and equipment | 23 | €378,342 | €304,935 | -€73,407 | -19.4% |
| Furniture and vehicles | 24 | €12,628 | €26,738 | +€14,110 | +112% |
| Current assets | 29/58 | €791,516 | €648,590 | -€142,926 | -18.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €729,631 | €598,619 | -€131,012 | -18.0% |
| Trade receivables | 40 | €1,293 | €1,997 | +€703 | +54.4% |
| Other amounts receivable | 41 | €728,338 | €596,622 | -€131,716 | -18.1% |
| Cash at bank and in hand | 54/58 | €56,846 | €43,735 | -€13,112 | -23.1% |
| Deferred charges and accrued income | 490/1 | €5,038 | €6,237 | +€1,199 | +23.8% |
| Total equity and liabilities | 10/49 | €2,417,730 | €2,064,223 | -€353,507 | -14.6% |
| Equity | 10/15 | €715,659 | €583,315 | -€132,344 | -18.5% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €585,659 | €453,315 | -€132,344 | -22.6% |
| Non-distributable reserves | 130/1 | €13,000 | €0 | -€13,000 | -100% |
| Reserves not available under the articles | 1311 | €13,000 | €0 | -€13,000 | -100% |
| Distributable reserves | 133 | €572,659 | €453,315 | -€119,344 | -20.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,702,071 | €1,480,909 | -€221,162 | -13.0% |
| Amounts payable after more than one year | 17 | €1,153,992 | €1,197,549 | +€43,557 | +3.8% |
| Financial debts | 170/4 | €1,153,992 | €1,197,549 | +€43,557 | +3.8% |
| Amounts payable within one year | 42/48 | €546,502 | €282,573 | -€263,929 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €187,443 | €246,109 | +€58,667 | +31.3% |
| Trade debts | 44 | €138,322 | €6,321 | -€132,001 | -95.4% |
| Suppliers | 440/4 | €138,322 | €6,321 | -€132,001 | -95.4% |
| Taxes, remuneration and social security | 45 | €13,145 | €30,142 | +€16,998 | +129% |
| Taxes | 450/3 | €10,712 | €26,985 | +€16,273 | +152% |
| Remuneration and social security | 454/9 | €2,432 | €3,157 | +€725 | +29.8% |
| Other amounts payable | 47/48 | €207,592 | €0 | -€207,592 | -100% |
| Accrued charges and deferred income | 492/3 | €1,577 | €786 | -€791 | -50.1% |
| Remuneration, social security and pensions | 62 | €51,401 | €52,121 | +€720 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €266,858 | €256,465 | -€10,393 | -3.9% |
| Other operating charges | 640/8 | €17,157 | €17,466 | +€310 | +1.8% |
| Gross operating margin | 9900 | €476,037 | €394,973 | -€81,064 | -17.0% |
| Operating profit (loss) | 9901 | €140,621 | €68,921 | -€71,700 | -51.0% |
| Financial income | 75/76B | €1,579 | €29,559 | +€27,981 | +1,772% |
| Recurring financial income | 75 | €1,579 | €29,559 | +€27,981 | +1,772% |
| Financial charges | 65/66B | €26,321 | €32,847 | +€6,527 | +24.8% |
| Recurring financial charges | 65 | €26,321 | €32,847 | +€6,527 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €115,879 | €65,633 | -€50,246 | -43.4% |
| Income taxes | 67/77 | €10,593 | €6,549 | -€4,045 | -38.2% |
| Profit (loss) for the period | 9904 | €105,286 | €59,084 | -€46,202 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €105,286 | €59,084 | -€46,202 | -43.9% |
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 26 October 2026 via checked.be.