Calibrate: 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.
What changed
Calibrate
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€61,982
2024 · €287,581-€225,598
Equity
€532,903
2024 · €470,921+€61,982
Cash
€17,331
2024 · €19,801-€2,470
Balance sheet total
€1.7m
2024 · €1.7m+€1,351
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Accrued charges and deferred income -€73,790
down €73,790 (-67.1%), from €109,888 to €36,098
- Reserves +€62,334
up €62,334 (+21.7%), from €287,000 to €349,334
of which Distributable reserves: +€62,000
- Tax, wage and social debts -€42,975
down €42,975 (-8.7%), from €495,307 to €452,332
of which Taxes: -€40,506
- Trade debts +€41,244
up €41,244 (+7.7%), from €537,947 to €579,191
- Other debts +€30,202
up €30,202 (+53.4%), from €56,606 to €86,808
Income statement
- Turnover -€412,378
down €412,378 (-6.7%), from €6.1m to €5.7m
- Gross operating margin -€274,062
down €274,062 (-10.2%), from €2.7m to €2.4m
- Purchases and services -€236,475
down €236,475 (-6.6%), from €3.6m to €3.4m
- Write-downs +€87,279
up €87,279 (+1016.9%), from €8,583 to €95,862
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.
Result 2024
€287,581
Gross operating margin
-€274,062
Staff costs
+€49,077
Depreciation
+€17,810
Write-downs
-€87,279
Other operating charges
-€3,942
Other operating items
+€55,549
Financial income
-€4,515
Financial charges
-€23,261
Taxes
+€45,026
Result 2025
€61,982
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.
From operations
+€15,740
Investment
-€18,210
Financing
€0
Cash 2024
€19,801
From operations (derived)
+€15,740
Net result for the year
+€61,982
Depreciation
+€25,752
Stocks and contracts
-€10,200
Receivables within one year
+€6,095
Deferred charges and accrued income
-€7,257
Provisions
+€1,379
Trade debts
+€41,244
Tax, wage and social debts
-€42,975
Advances received
-€16,692
Other debts
+€30,202
Accrued charges and deferred income
-€73,790
Investment (derived)
-€18,210
Investment in fixed assets (net)
-€18,210
Cash 2025
€17,331
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,707,292 | €1,708,643 | +€1,351 | +0.1% |
| Fixed assets | 21/28 | €36,199 | €28,657 | -€7,541 | -20.8% |
| Intangible fixed assets | 21 | €2,247 | - | -€2,247 | |
| Tangible fixed assets | 22/27 | €33,952 | €28,657 | -€5,295 | -15.6% |
| Plant, machinery and equipment | 23 | €33,367 | €28,260 | -€5,107 | -15.3% |
| Furniture and vehicles | 24 | €585 | €397 | -€188 | -32.1% |
| Current assets | 29/58 | €1,671,094 | €1,679,986 | +€8,892 | +0.5% |
| Stocks and contracts in progress | 3 | - | €10,200 | +€10,200 | |
| Contracts in progress | 37 | - | €10,200 | +€10,200 | |
| Amounts receivable within one year | 40/41 | €1,627,151 | €1,621,057 | -€6,095 | -0.4% |
| Trade receivables | 40 | €1,157,332 | €1,580,342 | +€423,010 | +36.6% |
| Other amounts receivable | 41 | €469,819 | €40,715 | -€429,104 | -91.3% |
| Cash at bank and in hand | 54/58 | €19,801 | €17,331 | -€2,470 | -12.5% |
| Deferred charges and accrued income | 490/1 | €24,141 | €31,398 | +€7,257 | +30.1% |
| Total equity and liabilities | 10/49 | €1,707,292 | €1,708,643 | +€1,351 | +0.1% |
| Equity | 10/15 | €470,921 | €532,903 | +€61,982 | +13.2% |
| Contributions | 10/11 | €183,340 | €183,340 | = | 0.0% |
| Capital | 10 | €183,340 | €183,340 | = | 0.0% |
| Issued capital | 100 | €183,340 | €183,340 | = | 0.0% |
| Reserves | 13 | €287,000 | €349,334 | +€62,334 | +21.7% |
| Non-distributable reserves | 130/1 | €18,000 | €18,334 | +€334 | +1.9% |
| Legal reserve | 130 | €18,000 | €18,334 | +€334 | +1.9% |
| Distributable reserves | 133 | €269,000 | €331,000 | +€62,000 | +23.0% |
| Profit (loss) carried forward | 14 | €581 | €229 | -€352 | -60.6% |
| Provisions and deferred taxes | 16 | - | €1,379 | +€1,379 | |
| Provisions for liabilities and charges | 160/5 | - | €1,379 | +€1,379 | |
| Pensions and similar obligations | 160 | - | €1,379 | +€1,379 | |
| Amounts payable | 17/49 | €1,236,371 | €1,174,361 | -€62,010 | -5.0% |
| Amounts payable within one year | 42/48 | €1,126,483 | €1,138,263 | +€11,779 | +1.0% |
| Trade debts | 44 | €537,947 | €579,191 | +€41,244 | +7.7% |
| Suppliers | 440/4 | €537,947 | €579,191 | +€41,244 | +7.7% |
| Advances received on contracts in progress | 46 | €36,623 | €19,932 | -€16,692 | -45.6% |
| Taxes, remuneration and social security | 45 | €495,307 | €452,332 | -€42,975 | -8.7% |
| Taxes | 450/3 | €271,158 | €230,652 | -€40,506 | -14.9% |
| Remuneration and social security | 454/9 | €224,149 | €221,680 | -€2,469 | -1.1% |
| Other amounts payable | 47/48 | €56,606 | €86,808 | +€30,202 | +53.4% |
| Accrued charges and deferred income | 492/3 | €109,888 | €36,098 | -€73,790 | -67.1% |
| Turnover | 70 | €6,115,194 | €5,702,816 | -€412,378 | -6.7% |
| Non-recurring operating income | 76A | - | €222 | +€222 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,603,966 | €3,367,491 | -€236,475 | -6.6% |
| Remuneration, social security and pensions | 62 | €2,182,000 | €2,132,924 | -€49,077 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,562 | €25,752 | -€17,810 | -40.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,583 | €95,862 | +€87,279 | +1016.9% |
| Other operating charges | 640/8 | €4,201 | €8,142 | +€3,942 | +93.8% |
| Non-recurring operating charges | 66A | €58,607 | €3,058 | -€55,549 | -94.8% |
| Gross operating margin | 9900 | €2,693,174 | €2,419,112 | -€274,062 | -10.2% |
| Operating profit (loss) | 9901 | €396,222 | €153,375 | -€242,847 | -61.3% |
| Financial income | 75/76B | €6,330 | €1,815 | -€4,515 | -71.3% |
| Recurring financial income | 75 | €6,330 | €1,815 | -€4,515 | -71.3% |
| Financial charges | 65/66B | €25,790 | €49,052 | +€23,261 | +90.2% |
| Recurring financial charges | 65 | €25,790 | €49,052 | +€23,261 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €376,762 | €106,138 | -€270,624 | -71.8% |
| Income taxes | 67/77 | €89,181 | €44,156 | -€45,026 | -50.5% |
| Profit (loss) for the period | 9904 | €287,581 | €61,982 | -€225,598 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €287,581 | €61,982 | -€225,598 | -78.4% |
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 4 October 2026 via checked.be.