CALISCO: 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.
CALISCO
Largest movements
- Tangible fixed assets -€83,689
down €83,689 (-8.0%), from €1.0m to €961,807
of which Land and buildings: -€70,149
- Receivables within one year +€53,360
up €53,360 (+9.7%), from €551,364 to €604,724
of which Other amounts receivable: +€81,019
- Receivables after one year +€50,000
new in 2025: €50,000
- Financial fixed assets -€30,883
down €30,883 (-5.0%), from €623,729 to €592,846
- Debts after one year -€56,084
down €56,084 (-7.6%), from €733,159 to €677,075
- Trade debts +€28,971
up €28,971 (+8.5%), from €341,543 to €370,514
- Profit (loss) carried forward +€26,681
up €26,681 (+17.4%), from €152,985 to €179,666
- Gross operating margin -€30,236
down €30,236 (-16.5%), from €183,758 to €153,522
- Financial charges -€8,435
down €8,435 (-14.9%), from €56,620 to €48,185
- Taxes -€4,435
down €4,435 (-29.3%), from €15,135 to €10,700
- Depreciation -€3,170
down €3,170 (-3.6%), from €88,059 to €84,889
- Financial income +€2,322
up €2,322 (+13.5%), from €17,222 to €19,544
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 | €2,419,188 | €2,392,285 | -€26,903 | -1.1% |
| Fixed assets | 21/28 | €1,669,225 | €1,554,653 | -€114,572 | -6.9% |
| Tangible fixed assets | 22/27 | €1,045,496 | €961,807 | -€83,689 | -8.0% |
| Land and buildings | 22 | €1,012,799 | €942,650 | -€70,149 | -6.9% |
| Plant, machinery and equipment | 23 | €3,937 | €2,165 | -€1,772 | -45.0% |
| Furniture and vehicles | 24 | €28,760 | €16,992 | -€11,768 | -40.9% |
| Financial fixed assets | 28 | €623,729 | €592,846 | -€30,883 | -5.0% |
| Current assets | 29/58 | €749,963 | €837,632 | +€87,669 | +11.7% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €551,364 | €604,724 | +€53,360 | +9.7% |
| Trade receivables | 40 | €64,097 | €36,438 | -€27,659 | -43.2% |
| Other amounts receivable | 41 | €487,267 | €568,286 | +€81,019 | +16.6% |
| Current investments | 50/53 | €196,980 | €181,521 | -€15,459 | -7.8% |
| Cash at bank and in hand | 54/58 | €1,619 | €1,387 | -€232 | -14.3% |
| Total equity and liabilities | 10/49 | €2,419,188 | €2,392,285 | -€26,903 | -1.1% |
| Equity | 10/15 | €709,030 | €735,711 | +€26,681 | +3.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €306,045 | €306,045 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €181,045 | €128,420 | -€52,625 | -29.1% |
| Distributable reserves | 133 | €100,000 | €152,625 | +€52,625 | +52.6% |
| Profit (loss) carried forward | 14 | €152,985 | €179,666 | +€26,681 | +17.4% |
| Provisions and deferred taxes | 16 | €31,890 | €33,390 | +€1,500 | +4.7% |
| Provisions for liabilities and charges | 160/5 | €31,890 | €33,390 | +€1,500 | +4.7% |
| Major repairs and maintenance | 162 | €31,890 | €33,390 | +€1,500 | +4.7% |
| Amounts payable | 17/49 | €1,678,268 | €1,623,184 | -€55,084 | -3.3% |
| Amounts payable after more than one year | 17 | €733,159 | €677,075 | -€56,084 | -7.6% |
| Financial debts | 170/4 | €733,159 | €677,075 | -€56,084 | -7.6% |
| Amounts payable within one year | 42/48 | €938,559 | €939,559 | +€1,000 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €73,170 | €64,031 | -€9,139 | -12.5% |
| Financial debts | 43 | €335,334 | €320,305 | -€15,029 | -4.5% |
| Credit institutions | 430/8 | €335,334 | €320,305 | -€15,029 | -4.5% |
| Trade debts | 44 | €341,543 | €370,514 | +€28,971 | +8.5% |
| Suppliers | 440/4 | €341,543 | €370,514 | +€28,971 | +8.5% |
| Other amounts payable | 47/48 | €188,512 | €184,709 | -€3,803 | -2.0% |
| Accrued charges and deferred income | 492/3 | €6,550 | €6,550 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,059 | €84,889 | -€3,170 | -3.6% |
| Other operating charges | 640/8 | €2,287 | €2,611 | +€324 | +14.2% |
| Gross operating margin | 9900 | €183,758 | €153,522 | -€30,236 | -16.5% |
| Operating profit (loss) | 9901 | €93,412 | €66,022 | -€27,390 | -29.3% |
| Financial income | 75/76B | €17,222 | €19,544 | +€2,322 | +13.5% |
| Recurring financial income | 75 | €17,222 | €19,544 | +€2,322 | +13.5% |
| Financial charges | 65/66B | €56,620 | €48,185 | -€8,435 | -14.9% |
| Recurring financial charges | 65 | €56,620 | €48,185 | -€8,435 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €54,014 | €37,381 | -€16,633 | -30.8% |
| Income taxes | 67/77 | €15,135 | €10,700 | -€4,435 | -29.3% |
| Profit (loss) for the period | 9904 | €38,879 | €26,681 | -€12,198 | -31.4% |
| Transfer from tax-exempt reserves | 789 | - | €52,625 | +€52,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,879 | €79,306 | +€40,427 | +104% |
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 19 October 2026 via checked.be.