CALITEX: 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.
What changed
CALITEX
NACE 73.110, Advertising agencies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€43,368
2024 · €51,670-€8,302
Equity
€2.2m
2024 · €2.2m+€43,368
Cash
€35,260
2024 · €104,282-€69,021
Balance sheet total
€3.3m
2024 · €3.5m-€163,011
Largest movements
Assets
- Tangible fixed assets -€106,925
down €106,925 (-3.9%), from €2.7m to €2.6m
of which Land and buildings: -€103,072
- Cash -€69,021
down €69,021 (-66.2%), from €104,282 to €35,260
mainly Debts after one year (-€197,094) and Receivables within one year (-€32,954)
Equity and liabilities
- Debts after one year -€197,094
down €197,094 (-20.9%), from €945,095 to €748,001
- Profit (loss) carried forward +€46,743
up €46,743 (+3.4%), from €1.4m to €1.4m
Income statement
- Gross operating margin +€36,919
up €36,919 (+13.4%), from €275,321 to €312,240
- Depreciation -€7,893
down €7,893 (-5.4%), from €146,520 to €138,628
- Other operating charges +€7,745
up €7,745 (+34.4%), from €22,501 to €30,246
- Financial charges -€3,228
down €3,228 (-7.9%), from €40,771 to €37,544
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.
Result 2024
€51,670
Gross operating margin
+€36,919
Depreciation
+€7,893
Other operating charges
-€7,745
Other operating items
-€40,000
Financial income
-€5
Financial charges
+€3,228
Taxes
-€1,751
Deferred taxes and other
-€6,841
Result 2025
€43,368
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.
From operations
+€153,484
Investment
-€31,084
Financing
-€191,422
Cash 2024
€104,282
From operations (derived)
+€153,484
Net result for the year
+€43,368
Depreciation
+€138,628
Receivables within one year
-€32,954
Deferred charges and accrued income
+€19,400
Provisions
-€1,125
Trade debts
-€11,664
Tax, wage and social debts
+€1,434
Other debts
-€4,029
Accrued charges and deferred income
+€428
Investment (derived)
-€31,084
Investment in fixed assets (net)
-€31,084
Financing
-€191,422
Debts after one year
-€197,094
Current portion of long-term debt
+€5,672
Cash 2025
€35,260
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,452,150 | €3,289,139 | -€163,011 | -4.7% |
| Fixed assets | 21/28 | €2,966,680 | €2,859,136 | -€107,544 | -3.6% |
| Intangible fixed assets | 21 | €3,328 | €2,709 | -€619 | -18.6% |
| Tangible fixed assets | 22/27 | €2,730,825 | €2,623,900 | -€106,925 | -3.9% |
| Land and buildings | 22 | €2,715,039 | €2,611,967 | -€103,072 | -3.8% |
| Furniture and vehicles | 24 | €9,806 | €8,578 | -€1,228 | -12.5% |
| Other tangible fixed assets | 26 | €5,980 | €3,356 | -€2,624 | -43.9% |
| Financial fixed assets | 28 | €232,526 | €232,526 | = | 0.0% |
| Current assets | 29/58 | €485,470 | €430,004 | -€55,467 | -11.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €163,184 | €196,138 | +€32,954 | +20.2% |
| Trade receivables | 40 | €157,826 | €186,208 | +€28,382 | +18.0% |
| Other amounts receivable | 41 | €5,358 | €9,930 | +€4,572 | +85.3% |
| Cash at bank and in hand | 54/58 | €104,282 | €35,260 | -€69,021 | -66.2% |
| Deferred charges and accrued income | 490/1 | €118,005 | €98,605 | -€19,400 | -16.4% |
| Total equity and liabilities | 10/49 | €3,452,150 | €3,289,139 | -€163,011 | -4.7% |
| Equity | 10/15 | €2,153,592 | €2,196,960 | +€43,368 | +2.0% |
| Contributions | 10/11 | €601,977 | €601,977 | = | 0.0% |
| Capital | 10 | €577,894 | €577,894 | = | 0.0% |
| Issued capital | 100 | €577,894 | €577,894 | = | 0.0% |
| Contributions outside capital | 11 | €24,084 | €24,084 | = | 0.0% |
| Other | 1109/19 | €24,084 | €24,084 | = | 0.0% |
| Reserves | 13 | €172,696 | €169,322 | -€3,375 | -2.0% |
| Non-distributable reserves | 130/1 | €60,198 | €60,198 | = | 0.0% |
| Legal reserve | 130 | €57,789 | €57,789 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,408 | €2,408 | = | 0.0% |
| Tax-exempt reserves | 132 | €108,628 | €105,253 | -€3,375 | -3.1% |
| Distributable reserves | 133 | €3,870 | €3,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,378,918 | €1,425,661 | +€46,743 | +3.4% |
| Provisions and deferred taxes | 16 | €36,209 | €35,084 | -€1,125 | -3.1% |
| Deferred taxes | 168 | €36,209 | €35,084 | -€1,125 | -3.1% |
| Amounts payable | 17/49 | €1,262,349 | €1,057,095 | -€205,254 | -16.3% |
| Amounts payable after more than one year | 17 | €945,095 | €748,001 | -€197,094 | -20.9% |
| Financial debts | 170/4 | €945,095 | €748,001 | -€197,094 | -20.9% |
| Amounts payable within one year | 42/48 | €311,230 | €302,642 | -€8,588 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €191,422 | €197,094 | +€5,672 | +3.0% |
| Trade debts | 44 | €91,595 | €79,930 | -€11,664 | -12.7% |
| Suppliers | 440/4 | €91,595 | €79,930 | -€11,664 | -12.7% |
| Taxes, remuneration and social security | 45 | €21,412 | €22,846 | +€1,434 | +6.7% |
| Taxes | 450/3 | €21,412 | €22,846 | +€1,434 | +6.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,802 | €2,772 | -€4,029 | -59.2% |
| Accrued charges and deferred income | 492/3 | €6,024 | €6,452 | +€428 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,520 | €138,628 | -€7,893 | -5.4% |
| Other operating charges | 640/8 | €22,501 | €30,246 | +€7,745 | +34.4% |
| Non-recurring operating charges | 66A | - | €40,000 | +€40,000 | |
| Gross operating margin | 9900 | €275,321 | €312,240 | +€36,919 | +13.4% |
| Operating profit (loss) | 9901 | €106,300 | €103,366 | -€2,933 | -2.8% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100.0% |
| Financial charges | 65/66B | €40,771 | €37,544 | -€3,228 | -7.9% |
| Recurring financial charges | 65 | €40,771 | €37,544 | -€3,228 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €65,533 | €65,823 | +€289 | +0.4% |
| Transfer from deferred taxes | 780 | €7,966 | €1,125 | -€6,841 | -85.9% |
| Income taxes | 67/77 | €21,829 | €23,580 | +€1,751 | +8.0% |
| Profit (loss) for the period | 9904 | €51,670 | €43,368 | -€8,302 | -16.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €3,375 | +€3,375 | |
| Transfer to tax-exempt reserves | 689 | €3,313 | €0 | -€3,313 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,357 | €46,743 | -€1,615 | -3.3% |
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 10 October 2026 via checked.be.