CALIVA: what changed
Two fiscal 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.
CALIVA
Largest movements
- Cash -€32,155
down €32,155 (-40.8%), from €78,756 to €46,601
mainly Contributions, distributions and other (-€220,600) and Investment in fixed assets (net) (-€33,797)
- Intangible fixed assets -€16,144
down €16,144 (-12.8%), from €126,070 to €109,925
- Receivables within one year +€12,527
up €12,527 (+149.0%), from €8,406 to €20,933
of which Other amounts receivable: +€6,433
- Deferred charges and accrued income -€6,156
down €6,156 (-20.1%), from €30,693 to €24,537
- Tangible fixed assets +€6,102
up €6,102 (+1.9%), from €315,873 to €321,974
of which Land and buildings: +€7,837
- Profit (loss) carried forward -€136,514
down €136,514 (-98.6%), from €138,509 to €1,995
- Other debts +€89,931
up €89,931 (+78.6%), from €114,358 to €204,289
- Current portion of long-term debt +€6,175
up €6,175 (+28.9%), from €21,390 to €27,565
- Gross operating margin -€9,755
down €9,755 (-5.4%), from €182,327 to €172,572
- Taxes -€4,001
down €4,001 (-11.9%), from €33,569 to €29,567
- Depreciation +€3,434
up €3,434 (+8.5%), from €40,406 to €43,840
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 | €559,997 | €524,171 | -€35,827 | -6.4% |
| Fixed assets | 21/28 | €442,142 | €432,100 | -€10,043 | -2.3% |
| Intangible fixed assets | 21 | €126,070 | €109,925 | -€16,144 | -12.8% |
| Tangible fixed assets | 22/27 | €315,873 | €321,974 | +€6,102 | +1.9% |
| Land and buildings | 22 | €311,920 | €319,757 | +€7,837 | +2.5% |
| Plant, machinery and equipment | 23 | €704 | €521 | -€184 | -26.1% |
| Furniture and vehicles | 24 | €3,248 | €1,697 | -€1,552 | -47.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €117,855 | €92,071 | -€25,784 | -21.9% |
| Amounts receivable within one year | 40/41 | €8,406 | €20,933 | +€12,527 | +149.0% |
| Trade receivables | 40 | €3,975 | €10,069 | +€6,094 | +153.3% |
| Other amounts receivable | 41 | €4,431 | €10,864 | +€6,433 | +145.2% |
| Cash at bank and in hand | 54/58 | €78,756 | €46,601 | -€32,155 | -40.8% |
| Deferred charges and accrued income | 490/1 | €30,693 | €24,537 | -€6,156 | -20.1% |
| Total equity and liabilities | 10/49 | €559,997 | €524,171 | -€35,827 | -6.4% |
| Equity | 10/15 | €138,509 | €1,995 | -€136,514 | -98.6% |
| Contributions | 10/11 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €138,509 | €1,995 | -€136,514 | -98.6% |
| Amounts payable | 17/49 | €421,488 | €522,176 | +€100,688 | +23.9% |
| Amounts payable after more than one year | 17 | €278,649 | €280,620 | +€1,971 | +0.7% |
| Financial debts | 170/4 | €278,649 | €280,620 | +€1,971 | +0.7% |
| Amounts payable within one year | 42/48 | €140,488 | €239,205 | +€98,717 | +70.3% |
| Current portion of amounts payable after more than one year | 42 | €21,390 | €27,565 | +€6,175 | +28.9% |
| Trade debts | 44 | €3,740 | €6,351 | +€2,611 | +69.8% |
| Suppliers | 440/4 | €3,740 | €6,351 | +€2,611 | +69.8% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €114,358 | €204,289 | +€89,931 | +78.6% |
| Accrued charges and deferred income | 492/3 | €2,351 | €2,351 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,406 | €43,840 | +€3,434 | +8.5% |
| Other operating charges | 640/8 | €4,177 | €4,347 | +€170 | +4.1% |
| Gross operating margin | 9900 | €182,327 | €172,572 | -€9,755 | -5.4% |
| Operating profit (loss) | 9901 | €137,743 | €124,384 | -€13,359 | -9.7% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €11,786 | €10,731 | -€1,055 | -9.0% |
| Recurring financial charges | 65 | €11,786 | €10,731 | -€1,055 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €125,966 | €113,653 | -€12,313 | -9.8% |
| Income taxes | 67/77 | €33,569 | €29,567 | -€4,001 | -11.9% |
| Profit (loss) for the period | 9904 | €92,397 | €84,086 | -€8,312 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,397 | €84,086 | -€8,312 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.