CALIS PROJECTS: 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.
CALIS PROJECTS
Largest movements
- Cash +€243,524
up €243,524 (+69.0%), from €352,803 to €596,327
mainly Net result for the year (+€538,778) and Tax, wage and social debts (+€159,419)
- Stocks and contracts -€151,475
down €151,475 (-9.2%), from €1.6m to €1.5m
- Receivables within one year -€147,711
down €147,711 (-6.9%), from €2.1m to €2.0m
of which Trade receivables: -€216,646
- Tangible fixed assets -€133,411
down €133,411 (-35.7%), from €373,278 to €239,866
of which Furniture and vehicles: -€114,685
- Other debts -€673,564
no longer reported in 2025 (was €673,564)
- Reserves +€538,778
up €538,778 (+21.0%), from €2.6m to €3.1m
- Tax, wage and social debts +€159,419
up €159,419 (+63.2%), from €252,119 to €411,538
of which Remuneration and social security: +€127,496
- Trade debts -€111,435
down €111,435 (-19.1%), from €583,660 to €472,225
- Advances received -€100,902
down €100,902 (-23.7%), from €425,330 to €324,428
- Gross operating margin -€702,512
down €702,512 (-14.4%), from €4.9m to €4.2m
- Taxes -€201,321
down €201,321 (-50.7%), from €397,455 to €196,134
- Write-downs +€199,409
up €199,409 (+786.5%), from €25,354 to €224,764
- Staff costs -€115,929
down €115,929 (-3.7%), from €3.1m to €3.0m
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,536,389 | €4,348,686 | -€187,703 | -4.1% |
| Fixed assets | 21/28 | €373,278 | €239,866 | -€133,411 | -35.7% |
| Tangible fixed assets | 22/27 | €373,278 | €239,866 | -€133,411 | -35.7% |
| Plant, machinery and equipment | 23 | €26,473 | €11,999 | -€14,474 | -54.7% |
| Furniture and vehicles | 24 | €338,849 | €224,164 | -€114,685 | -33.8% |
| Other tangible fixed assets | 26 | €7,956 | €3,703 | -€4,253 | -53.5% |
| Current assets | 29/58 | €4,163,111 | €4,108,819 | -€54,292 | -1.3% |
| Stocks and contracts in progress | 3 | €1,644,475 | €1,493,000 | -€151,475 | -9.2% |
| Stocks | 30/36 | €1,644,475 | €1,493,000 | -€151,475 | -9.2% |
| Amounts receivable within one year | 40/41 | €2,136,800 | €1,989,089 | -€147,711 | -6.9% |
| Trade receivables | 40 | €2,030,155 | €1,813,510 | -€216,646 | -10.7% |
| Other amounts receivable | 41 | €106,644 | €175,579 | +€68,935 | +64.6% |
| Current investments | 50/53 | €1,155 | €1,150 | -€5 | -0.4% |
| Cash at bank and in hand | 54/58 | €352,803 | €596,327 | +€243,524 | +69.0% |
| Deferred charges and accrued income | 490/1 | €27,879 | €29,254 | +€1,375 | +4.9% |
| Total equity and liabilities | 10/49 | €4,536,389 | €4,348,686 | -€187,703 | -4.1% |
| Equity | 10/15 | €2,601,717 | €3,140,494 | +€538,778 | +20.7% |
| Contributions | 10/11 | €34,918 | €34,918 | = | 0.0% |
| Reserves | 13 | €2,566,799 | €3,105,577 | +€538,778 | +21.0% |
| Distributable reserves | 133 | €2,566,799 | €3,105,577 | +€538,778 | +21.0% |
| Amounts payable | 17/49 | €1,934,672 | €1,208,191 | -€726,481 | -37.6% |
| Amounts payable within one year | 42/48 | €1,934,672 | €1,208,191 | -€726,481 | -37.6% |
| Trade debts | 44 | €583,660 | €472,225 | -€111,435 | -19.1% |
| Suppliers | 440/4 | €583,660 | €472,225 | -€111,435 | -19.1% |
| Advances received on contracts in progress | 46 | €425,330 | €324,428 | -€100,902 | -23.7% |
| Taxes, remuneration and social security | 45 | €252,119 | €411,538 | +€159,419 | +63.2% |
| Taxes | 450/3 | €7,122 | €39,045 | +€31,923 | +448.3% |
| Remuneration and social security | 454/9 | €244,997 | €372,493 | +€127,496 | +52.0% |
| Other amounts payable | 47/48 | €673,564 | - | -€673,564 | |
| Non-recurring operating income | 76A | €1,653 | - | -€1,653 | |
| Remuneration, social security and pensions | 62 | €3,105,525 | €2,989,596 | -€115,929 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,294 | €146,125 | -€17,169 | -10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,354 | €224,764 | +€199,409 | +786.5% |
| Other operating charges | 640/8 | €33,107 | €33,906 | +€799 | +2.4% |
| Non-recurring operating charges | 66A | €3,307 | €30,260 | +€26,953 | +815.0% |
| Gross operating margin | 9900 | €4,872,058 | €4,169,546 | -€702,512 | -14.4% |
| Operating profit (loss) | 9901 | €1,541,470 | €744,895 | -€796,575 | -51.7% |
| Financial income | 75/76B | €20,837 | €6,800 | -€14,037 | -67.4% |
| Recurring financial income | 75 | €20,837 | €6,800 | -€14,037 | -67.4% |
| Financial charges | 65/66B | €51,382 | €16,784 | -€34,599 | -67.3% |
| Recurring financial charges | 65 | €51,382 | €16,784 | -€34,599 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €1,510,926 | €734,912 | -€776,014 | -51.4% |
| Income taxes | 67/77 | €397,455 | €196,134 | -€201,321 | -50.7% |
| Profit (loss) for the period | 9904 | €1,113,470 | €538,778 | -€574,693 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,113,470 | €538,778 | -€574,693 | -51.6% |
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 10 October 2026 via checked.be.