Calinco: 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.
Calinco
Largest movements
- Receivables within one year +€29,890
up €29,890 (+2,806%), from €1,065 to €30,955
of which Trade receivables: +€27,241
- Tangible fixed assets -€9,283
down €9,283 (-22.7%), from €40,919 to €31,636
of which Furniture and vehicles: -€8,293
- Stocks and contracts -€5,838
down €5,838 (-33.7%), from €17,327 to €11,489
- Cash -€2,352
down €2,352 (-26.2%), from €8,981 to €6,629
mainly Receivables within one year (-€29,890) and Debts after one year (-€7,316)
- Trade debts +€19,531
up €19,531 (+295%), from €6,624 to €26,155
- Debts after one year -€7,316
down €7,316 (-25.2%), from €28,981 to €21,665
- Reserves +€5,070
up €5,070 (+55.2%), from €9,180 to €14,250
- Other debts -€3,175
down €3,175 (-50.3%), from €6,310 to €3,134
- Tax, wage and social debts -€2,188
down €2,188 (-87.8%), from €2,493 to €305
of which Remuneration and social security: -€2,332
- Gross operating margin +€8,286
up €8,286 (+83.2%), from €9,953 to €18,239
- Depreciation +€4,137
up €4,137 (+50.8%), from €8,147 to €12,283
- Financial income +€2,682
up €2,682 (+254%), from €1,058 to €3,740
- Financial charges +€1,338
up €1,338 (+116%), from €1,150 to €2,488
- Taxes +€976
up €976 (+296%), from €329 to €1,305
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 | €69,122 | €81,326 | +€12,204 | +17.7% |
| Fixed assets | 21/28 | €40,924 | €31,641 | -€9,283 | -22.7% |
| Tangible fixed assets | 22/27 | €40,919 | €31,636 | -€9,283 | -22.7% |
| Plant, machinery and equipment | 23 | €990 | €0 | -€990 | -100% |
| Furniture and vehicles | 24 | €39,929 | €31,636 | -€8,293 | -20.8% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €28,197 | €49,685 | +€21,488 | +76.2% |
| Stocks and contracts in progress | 3 | €17,327 | €11,489 | -€5,838 | -33.7% |
| Stocks | 30/36 | €17,327 | €11,489 | -€5,838 | -33.7% |
| Amounts receivable within one year | 40/41 | €1,065 | €30,955 | +€29,890 | +2,806% |
| Trade receivables | 40 | €1,065 | €28,307 | +€27,241 | +2,557% |
| Other amounts receivable | 41 | €0 | €2,648 | +€2,648 | |
| Cash at bank and in hand | 54/58 | €8,981 | €6,629 | -€2,352 | -26.2% |
| Deferred charges and accrued income | 490/1 | €824 | €611 | -€213 | -25.8% |
| Total equity and liabilities | 10/49 | €69,122 | €81,326 | +€12,204 | +17.7% |
| Equity | 10/15 | €17,680 | €22,750 | +€5,070 | +28.7% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Reserves | 13 | €9,180 | €14,250 | +€5,070 | +55.2% |
| Distributable reserves | 133 | €9,180 | €14,250 | +€5,070 | +55.2% |
| Amounts payable | 17/49 | €51,442 | €58,576 | +€7,134 | +13.9% |
| Amounts payable after more than one year | 17 | €28,981 | €21,665 | -€7,316 | -25.2% |
| Financial debts | 170/4 | €28,981 | €21,665 | -€7,316 | -25.2% |
| Amounts payable within one year | 42/48 | €22,461 | €36,910 | +€14,449 | +64.3% |
| Current portion of amounts payable after more than one year | 42 | €7,034 | €7,316 | +€282 | +4.0% |
| Trade debts | 44 | €6,624 | €26,155 | +€19,531 | +295% |
| Suppliers | 440/4 | €6,624 | €26,155 | +€19,531 | +295% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,493 | €305 | -€2,188 | -87.8% |
| Taxes | 450/3 | €161 | €305 | +€144 | +89.9% |
| Remuneration and social security | 454/9 | €2,332 | €0 | -€2,332 | -100% |
| Other amounts payable | 47/48 | €6,310 | €3,134 | -€3,175 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,147 | €12,283 | +€4,137 | +50.8% |
| Other operating charges | 640/8 | €389 | €831 | +€443 | +114% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €9,953 | €18,239 | +€8,286 | +83.2% |
| Operating profit (loss) | 9901 | €1,417 | €5,124 | +€3,707 | +262% |
| Financial income | 75/76B | €1,058 | €3,740 | +€2,682 | +254% |
| Recurring financial income | 75 | €1,058 | €3,740 | +€2,682 | +254% |
| Financial charges | 65/66B | €1,150 | €2,488 | +€1,338 | +116% |
| Recurring financial charges | 65 | €1,150 | €2,488 | +€1,338 | +116% |
| Profit (loss) for the period before taxes | 9903 | €1,325 | €6,376 | +€5,051 | +381% |
| Income taxes | 67/77 | €329 | €1,305 | +€976 | +296% |
| Profit (loss) for the period | 9904 | €996 | €5,070 | +€4,075 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €996 | €5,070 | +€4,075 | +409% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.