Caligari: 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.
Caligari
Largest movements
- Cash +€20,326
up €20,326 (+97.9%), from €20,752 to €41,077
mainly Net result for the year (+€24,913) and Tax, wage and social debts (+€13,336)
- Receivables within one year +€19,426
up €19,426 (+240%), from €8,111 to €27,537
of which Trade receivables: +€17,999
- Deferred charges and accrued income +€3,947
up €3,947 (+1,794%), from €220 to €4,167
- Financial fixed assets +€1,490
new in 2025: €1,490
- Profit (loss) carried forward +€24,913
new in 2025: €24,913
- Tax, wage and social debts +€13,336
up €13,336 (+112%), from €11,954 to €25,290
of which Taxes: +€10,711
- Trade debts +€3,821
up €3,821 (+111%), from €3,429 to €7,250
- Other debts +€2,195
up €2,195 (+380%), from €577 to €2,772
- Gross operating margin +€26,075
up €26,075 (+92.9%), from €28,082 to €54,157
- Staff costs +€17,599
new in 2025: €17,599
- Taxes +€1,414
up €1,414 (+21.7%), from €6,500 to €7,914
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 | €41,157 | €85,651 | +€44,494 | +108% |
| Fixed assets | 21/28 | €12,074 | €12,870 | +€796 | +6.6% |
| Tangible fixed assets | 22/27 | €12,074 | €11,380 | -€694 | -5.7% |
| Plant, machinery and equipment | 23 | €1,812 | €1,238 | -€574 | -31.7% |
| Furniture and vehicles | 24 | €2,409 | €785 | -€1,625 | -67.4% |
| Other tangible fixed assets | 26 | €7,853 | €9,357 | +€1,504 | +19.2% |
| Financial fixed assets | 28 | - | €1,490 | +€1,490 | |
| Current assets | 29/58 | €29,082 | €72,781 | +€43,698 | +150% |
| Amounts receivable within one year | 40/41 | €8,111 | €27,537 | +€19,426 | +240% |
| Trade receivables | 40 | €8,083 | €26,082 | +€17,999 | +223% |
| Other amounts receivable | 41 | €28 | €1,455 | +€1,427 | +5,108% |
| Cash at bank and in hand | 54/58 | €20,752 | €41,077 | +€20,326 | +97.9% |
| Deferred charges and accrued income | 490/1 | €220 | €4,167 | +€3,947 | +1,794% |
| Total equity and liabilities | 10/49 | €41,157 | €85,651 | +€44,494 | +108% |
| Equity | 10/15 | €25,196 | €50,109 | +€24,913 | +98.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,696 | €22,696 | = | 0.0% |
| Distributable reserves | 133 | €22,696 | €22,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €24,913 | +€24,913 | |
| Amounts payable | 17/49 | €15,960 | €35,541 | +€19,581 | +123% |
| Amounts payable within one year | 42/48 | €15,960 | €35,311 | +€19,351 | +121% |
| Trade debts | 44 | €3,429 | €7,250 | +€3,821 | +111% |
| Suppliers | 440/4 | €3,429 | €7,250 | +€3,821 | +111% |
| Taxes, remuneration and social security | 45 | €11,954 | €25,290 | +€13,336 | +112% |
| Taxes | 450/3 | €11,954 | €22,665 | +€10,711 | +89.6% |
| Remuneration and social security | 454/9 | - | €2,625 | +€2,625 | |
| Other amounts payable | 47/48 | €577 | €2,772 | +€2,195 | +380% |
| Accrued charges and deferred income | 492/3 | - | €230 | +€230 | |
| Remuneration, social security and pensions | 62 | - | €17,599 | +€17,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,987 | €3,141 | +€153 | +5.1% |
| Other operating charges | 640/8 | €338 | €267 | -€71 | -21.0% |
| Gross operating margin | 9900 | €28,082 | €54,157 | +€26,075 | +92.9% |
| Operating profit (loss) | 9901 | €24,757 | €33,151 | +€8,394 | +33.9% |
| Financial income | 75/76B | €47 | €119 | +€73 | +156% |
| Recurring financial income | 75 | €47 | €119 | +€73 | +156% |
| Financial charges | 65/66B | €182 | €443 | +€261 | +143% |
| Recurring financial charges | 65 | €182 | €443 | +€261 | +143% |
| Profit (loss) for the period before taxes | 9903 | €24,621 | €32,827 | +€8,206 | +33.3% |
| Income taxes | 67/77 | €6,500 | €7,914 | +€1,414 | +21.7% |
| Profit (loss) for the period | 9904 | €18,121 | €24,913 | +€6,792 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,121 | €24,913 | +€6,792 | +37.5% |
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 17 October 2026 via checked.be.