Callam: 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.
Callam
Largest movements
- Tangible fixed assets -€121,000
down €121,000 (-5.3%), from €2.3m to €2.2m
- Contributions +€200,000
up €200,000 (+80.0%), from €250,000 to €450,000
- Debts after one year -€152,832
down €152,832 (-7.8%), from €2.0m to €1.8m
- Other debts -€87,900
down €87,900 (-44.6%), from €197,303 to €109,403
- Profit (loss) carried forward -€86,758
down €86,758 (-27.2%), from -€318,820 to -€405,578
- Financial charges +€17,488
up €17,488 (+63.1%), from €27,716 to €45,204
- Gross operating margin -€1,897
down €1,897 (-1.9%), from €99,025 to €97,128
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 | €2,307,645 | €2,186,777 | -€120,868 | -5.2% |
| Fixed assets | 21/28 | €2,300,350 | €2,179,350 | -€121,000 | -5.3% |
| Tangible fixed assets | 22/27 | €2,299,000 | €2,178,000 | -€121,000 | -5.3% |
| Land and buildings | 22 | €2,299,000 | €2,178,000 | -€121,000 | -5.3% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €7,295 | €7,427 | +€132 | +1.8% |
| Amounts receivable within one year | 40/41 | €1,740 | €1,484 | -€257 | -14.7% |
| Trade receivables | 40 | €570 | - | -€570 | |
| Other amounts receivable | 41 | €1,171 | €1,484 | +€313 | +26.8% |
| Cash at bank and in hand | 54/58 | €1,587 | €1,788 | +€202 | +12.7% |
| Deferred charges and accrued income | 490/1 | €3,968 | €4,155 | +€186 | +4.7% |
| Total equity and liabilities | 10/49 | €2,307,645 | €2,186,777 | -€120,868 | -5.2% |
| Equity | 10/15 | -€68,820 | €44,422 | +€113,242 | |
| Contributions | 10/11 | €250,000 | €450,000 | +€200,000 | +80.0% |
| Capital | 10 | €250,000 | €450,000 | +€200,000 | +80.0% |
| Issued capital | 100 | €250,000 | €450,000 | +€200,000 | +80.0% |
| Profit (loss) carried forward | 14 | -€318,820 | -€405,578 | -€86,758 | -27.2% |
| Amounts payable | 17/49 | €2,376,465 | €2,142,355 | -€234,110 | -9.9% |
| Amounts payable after more than one year | 17 | €1,962,593 | €1,809,761 | -€152,832 | -7.8% |
| Financial debts | 170/4 | €1,962,593 | €1,809,761 | -€152,832 | -7.8% |
| Amounts payable within one year | 42/48 | €375,815 | €287,117 | -€88,698 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €152,832 | €152,832 | = | 0.0% |
| Trade debts | 44 | €25,680 | €24,882 | -€798 | -3.1% |
| Suppliers | 440/4 | €25,680 | €24,882 | -€798 | -3.1% |
| Other amounts payable | 47/48 | €197,303 | €109,403 | -€87,900 | -44.6% |
| Accrued charges and deferred income | 492/3 | €38,057 | €45,477 | +€7,420 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,000 | €121,000 | = | 0.0% |
| Other operating charges | 640/8 | €17,136 | €17,682 | +€546 | +3.2% |
| Gross operating margin | 9900 | €99,025 | €97,128 | -€1,897 | -1.9% |
| Operating profit (loss) | 9901 | -€39,111 | -€41,554 | -€2,443 | -6.2% |
| Financial charges | 65/66B | €27,716 | €45,204 | +€17,488 | +63.1% |
| Recurring financial charges | 65 | €27,716 | €45,204 | +€17,488 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | -€66,827 | -€86,758 | -€19,932 | -29.8% |
| Profit (loss) for the period | 9904 | -€66,827 | -€86,758 | -€19,932 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,827 | -€86,758 | -€19,932 | -29.8% |
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 16 October 2026 via checked.be.