Calido: 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.
Calido
Largest movements
- Receivables within one year -€134,137
down €134,137 (-37.2%), from €360,993 to €226,856
of which Other amounts receivable: -€116,528
- Stocks and contracts +€63,843
up €63,843 (+16.5%), from €385,940 to €449,783
of which Stocks: +€61,203
- Cash -€17,424
down €17,424 (-71.1%), from €24,499 to €7,075
mainly Trade debts (-€93,218) and Stocks and contracts (-€63,843)
- Deferred charges and accrued income -€13,032
down €13,032 (-78.1%), from €16,680 to €3,648
- Trade debts -€93,218
down €93,218 (-59.9%), from €155,501 to €62,283
- Tax, wage and social debts -€17,026
down €17,026 (-87.5%), from €19,456 to €2,430
- Profit (loss) carried forward +€14,732
up €14,732 (+13.0%), from -€113,173 to -€98,440
- Short-term financial debts -€9,315
down €9,315 (-63.7%), from €14,617 to €5,301
- Gross operating margin +€110,602
up €110,602, from -€71,399 to €39,203
- Financial income -€10,830
down €10,830 (-80.1%), from €13,513 to €2,683
- Other operating charges -€8,618
down €8,618 (-76.6%), from €11,254 to €2,636
- Financial charges -€6,982
down €6,982 (-26.6%), from €26,290 to €19,308
of which Financial charges: -€6,982
- Depreciation +€1,279
up €1,279 (+36.1%), from €3,541 to €4,820
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 | €824,168 | €723,845 | -€100,322 | -12.2% |
| Fixed assets | 21/28 | €36,056 | €36,482 | +€426 | +1.2% |
| Tangible fixed assets | 22/27 | €18,031 | €18,457 | +€426 | +2.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | - | €4,780 | +€4,780 | |
| Furniture and vehicles | 24 | €18,031 | €13,676 | -€4,354 | -24.1% |
| Financial fixed assets | 28 | €18,025 | €18,025 | = | 0.0% |
| Current assets | 29/58 | €788,112 | €687,363 | -€100,749 | -12.8% |
| Stocks and contracts in progress | 3 | €385,940 | €449,783 | +€63,843 | +16.5% |
| Stocks | 30/36 | €382,450 | €443,653 | +€61,203 | +16.0% |
| Contracts in progress | 37 | €3,490 | €6,131 | +€2,641 | +75.7% |
| Amounts receivable within one year | 40/41 | €360,993 | €226,856 | -€134,137 | -37.2% |
| Trade receivables | 40 | €141,418 | €123,809 | -€17,609 | -12.5% |
| Other amounts receivable | 41 | €219,575 | €103,048 | -€116,528 | -53.1% |
| Cash at bank and in hand | 54/58 | €24,499 | €7,075 | -€17,424 | -71.1% |
| Deferred charges and accrued income | 490/1 | €16,680 | €3,648 | -€13,032 | -78.1% |
| Total equity and liabilities | 10/49 | €824,168 | €723,845 | -€100,322 | -12.2% |
| Equity | 10/15 | €216,630 | €231,363 | +€14,732 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,203 | €311,203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,050 | €7,050 | = | 0.0% |
| Distributable reserves | 133 | €302,292 | €302,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,173 | -€98,440 | +€14,732 | +13.0% |
| Amounts payable | 17/49 | €607,537 | €492,483 | -€115,055 | -18.9% |
| Amounts payable after more than one year | 17 | €415,495 | €420,000 | +€4,505 | +1.1% |
| Financial debts | 170/4 | €415,495 | €420,000 | +€4,505 | +1.1% |
| Amounts payable within one year | 42/48 | €192,042 | €72,483 | -€119,560 | -62.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €14,617 | €5,301 | -€9,315 | -63.7% |
| Credit institutions | 430/8 | €14,617 | €5,301 | -€9,315 | -63.7% |
| Trade debts | 44 | €155,501 | €62,283 | -€93,218 | -59.9% |
| Suppliers | 440/4 | €155,501 | €62,283 | -€93,218 | -59.9% |
| Taxes, remuneration and social security | 45 | €19,456 | €2,430 | -€17,026 | -87.5% |
| Taxes | 450/3 | €19,456 | €2,430 | -€17,026 | -87.5% |
| Other amounts payable | 47/48 | €2,468 | €2,468 | = | 0.0% |
| Non-recurring operating income | 76A | €4,407 | €0 | -€4,407 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,541 | €4,820 | +€1,279 | +36.1% |
| Other operating charges | 640/8 | €11,254 | €2,636 | -€8,618 | -76.6% |
| Gross operating margin | 9900 | -€71,399 | €39,203 | +€110,602 | |
| Operating profit (loss) | 9901 | -€86,194 | €31,746 | +€117,941 | |
| Financial income | 75/76B | €13,513 | €2,683 | -€10,830 | -80.1% |
| Recurring financial income | 75 | €13,513 | €2,683 | -€10,830 | -80.1% |
| Financial charges | 65/66B | €26,290 | €19,308 | -€6,982 | -26.6% |
| Recurring financial charges | 65 | €26,290 | €19,308 | -€6,982 | -26.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€98,972 | €15,121 | +€114,093 | |
| Income taxes | 67/77 | €191 | €388 | +€198 | +104% |
| Profit (loss) for the period | 9904 | -€99,163 | €14,732 | +€113,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,163 | €14,732 | +€113,895 |
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 15 October 2026 via checked.be.