CALIGO: 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.
CALIGO
Largest movements
- Receivables within one year +€310,966
up €310,966 (+244%), from €127,185 to €438,151
of which Trade receivables: +€310,966
- Cash +€242,477
up €242,477 (+150%), from €161,403 to €403,880
mainly Tax, wage and social debts (+€388,769) and Net result for the year (+€149,975)
- Tax, wage and social debts +€388,769
up €388,769 (+323%), from €120,374 to €509,143
of which Taxes: +€213,879
- Reserves +€149,975
up €149,975 (+256%), from €58,470 to €208,446
of which Distributable reserves: +€149,975
- Gross operating margin +€1.9m
up €1.9m (+161%), from €1.2m to €3.1m
- Staff costs +€1.7m
up €1.7m (+155%), from €1.1m to €2.9m
- Taxes +€55,776
up €55,776 (+594%), from €9,382 to €65,158
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 | €353,975 | €899,321 | +€545,346 | +154% |
| Fixed assets | 21/28 | €65,387 | €57,289 | -€8,098 | -12.4% |
| Tangible fixed assets | 22/27 | €65,187 | €57,089 | -€8,098 | -12.4% |
| Furniture and vehicles | 24 | €17,472 | €18,138 | +€666 | +3.8% |
| Other tangible fixed assets | 26 | €47,715 | €38,951 | -€8,763 | -18.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €288,588 | €842,032 | +€553,444 | +192% |
| Amounts receivable within one year | 40/41 | €127,185 | €438,151 | +€310,966 | +244% |
| Trade receivables | 40 | €126,567 | €437,534 | +€310,966 | +246% |
| Other amounts receivable | 41 | €618 | €618 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €161,403 | €403,880 | +€242,477 | +150% |
| Total equity and liabilities | 10/49 | €353,975 | €899,321 | +€545,346 | +154% |
| Equity | 10/15 | €172,894 | €322,869 | +€149,975 | +86.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,470 | €208,446 | +€149,975 | +256% |
| Non-distributable reserves | 130/1 | €5,743 | €5,743 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,743 | €5,743 | = | 0.0% |
| Distributable reserves | 133 | €52,728 | €202,703 | +€149,975 | +284% |
| Profit (loss) carried forward | 14 | €95,824 | €95,824 | = | 0.0% |
| Amounts payable | 17/49 | €181,081 | €576,452 | +€395,371 | +218% |
| Amounts payable within one year | 42/48 | €181,081 | €576,452 | +€395,371 | +218% |
| Trade debts | 44 | €1,009 | €4,996 | +€3,987 | +395% |
| Suppliers | 440/4 | €1,009 | €4,996 | +€3,987 | +395% |
| Taxes, remuneration and social security | 45 | €120,374 | €509,143 | +€388,769 | +323% |
| Taxes | 450/3 | €66,051 | €279,929 | +€213,879 | +324% |
| Remuneration and social security | 454/9 | €54,323 | €229,214 | +€174,890 | +322% |
| Other amounts payable | 47/48 | €59,698 | €62,313 | +€2,614 | +4.4% |
| Remuneration, social security and pensions | 62 | €1,121,199 | €2,856,690 | +€1.7m | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,176 | €19,571 | -€6,605 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,893 | +€2,893 | |
| Other operating charges | 640/8 | €6,491 | €4,934 | -€1,557 | -24.0% |
| Gross operating margin | 9900 | €1,186,813 | €3,099,487 | +€1.9m | +161% |
| Operating profit (loss) | 9901 | €32,947 | €215,399 | +€182,452 | +554% |
| Financial income | 75/76B | €188 | €477 | +€289 | +154% |
| Recurring financial income | 75 | €188 | €477 | +€289 | +154% |
| Financial charges | 65/66B | €277 | €742 | +€465 | +168% |
| Recurring financial charges | 65 | €277 | €742 | +€465 | +168% |
| Profit (loss) for the period before taxes | 9903 | €32,858 | €215,134 | +€182,276 | +555% |
| Income taxes | 67/77 | €9,382 | €65,158 | +€55,776 | +594% |
| Profit (loss) for the period | 9904 | €23,475 | €149,975 | +€126,500 | +539% |
| Profit (loss) for the period to be appropriated | 9905 | €23,475 | €149,975 | +€126,500 | +539% |
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 18 October 2026 via checked.be.